FRA vs. JPM
Compare and contrast key facts about BlackRock Floating Rate Income Strategies Fund Inc (FRA) and JPMorgan Chase & Co. (JPM).
FRA is managed by Blackrock. It was launched on Oct 29, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRA or JPM.
Correlation
The correlation between FRA and JPM is 0.26, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FRA vs. JPM - Performance Comparison
Key characteristics
FRA:
1.69
JPM:
2.06
FRA:
2.21
JPM:
2.80
FRA:
1.32
JPM:
1.41
FRA:
2.51
JPM:
4.80
FRA:
9.41
JPM:
13.71
FRA:
2.03%
JPM:
3.55%
FRA:
11.33%
JPM:
23.65%
FRA:
-51.42%
JPM:
-74.02%
FRA:
-7.55%
JPM:
-0.62%
Returns By Period
In the year-to-date period, FRA achieves a -3.85% return, which is significantly lower than JPM's 3.77% return. Over the past 10 years, FRA has underperformed JPM with an annualized return of 7.52%, while JPM has yielded a comparatively higher 19.33% annualized return.
FRA
-3.85%
-6.61%
3.35%
19.89%
8.45%
7.52%
JPM
3.77%
3.67%
17.16%
49.74%
15.85%
19.33%
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Risk-Adjusted Performance
FRA vs. JPM — Risk-Adjusted Performance Rank
FRA
JPM
FRA vs. JPM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Strategies Fund Inc (FRA) and JPMorgan Chase & Co. (JPM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FRA vs. JPM - Dividend Comparison
FRA's dividend yield for the trailing twelve months is around 10.32%, more than JPM's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRA BlackRock Floating Rate Income Strategies Fund Inc | 10.32% | 10.82% | 10.44% | 6.89% | 5.99% | 7.63% | 6.48% | 6.92% | 5.31% | 5.65% | 6.15% | 6.23% |
JPM JPMorgan Chase & Co. | 1.94% | 1.92% | 2.38% | 2.98% | 2.34% | 2.83% | 2.37% | 2.54% | 1.91% | 2.13% | 2.54% | 2.49% |
Drawdowns
FRA vs. JPM - Drawdown Comparison
The maximum FRA drawdown since its inception was -51.42%, smaller than the maximum JPM drawdown of -74.02%. Use the drawdown chart below to compare losses from any high point for FRA and JPM. For additional features, visit the drawdowns tool.
Volatility
FRA vs. JPM - Volatility Comparison
The current volatility for BlackRock Floating Rate Income Strategies Fund Inc (FRA) is 3.95%, while JPMorgan Chase & Co. (JPM) has a volatility of 5.79%. This indicates that FRA experiences smaller price fluctuations and is considered to be less risky than JPM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.