FRA vs. WFSPX
Compare and contrast key facts about BlackRock Floating Rate Income Strategies Fund Inc (FRA) and iShares S&P 500 Index Fund (WFSPX).
FRA is managed by BlackRock. It was launched on Oct 29, 2003. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
FRA vs. WFSPX - Performance Comparison
Loading graphics...
FRA vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRA BlackRock Floating Rate Income Strategies Fund Inc | -3.38% | -3.75% | 21.56% | 25.46% | -10.59% | 17.81% | -2.38% | 20.82% | -8.27% | 0.76% |
WFSPX iShares S&P 500 Index Fund | -7.06% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, FRA achieves a -3.38% return, which is significantly higher than WFSPX's -7.06% return. Over the past 10 years, FRA has underperformed WFSPX with an annualized return of 6.61%, while WFSPX has yielded a comparatively higher 13.63% annualized return.
FRA
- 1D
- 3.86%
- 1M
- -0.13%
- YTD
- -3.38%
- 6M
- -9.61%
- 1Y
- -3.81%
- 3Y*
- 10.06%
- 5Y*
- 6.51%
- 10Y*
- 6.61%
WFSPX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.06%
- 6M
- -4.63%
- 1Y
- 14.40%
- 3Y*
- 17.13%
- 5Y*
- 11.37%
- 10Y*
- 13.63%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRA vs. WFSPX - Expense Ratio Comparison
FRA has a 2.17% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
FRA vs. WFSPX — Risk / Return Rank
FRA
WFSPX
FRA vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Income Strategies Fund Inc (FRA) and iShares S&P 500 Index Fund (WFSPX). 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.
| FRA | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.27 | 0.84 | -1.11 |
Sortino ratioReturn per unit of downside risk | -0.26 | 1.30 | -1.56 |
Omega ratioGain probability vs. loss probability | 0.96 | 1.20 | -0.24 |
Calmar ratioReturn relative to maximum drawdown | -0.23 | 1.06 | -1.28 |
Martin ratioReturn relative to average drawdown | -0.55 | 5.13 | -5.68 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FRA | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.27 | 0.84 | -1.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.68 | -0.17 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.76 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.13 | +0.18 |
Correlation
The correlation between FRA and WFSPX is 0.33, 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.
Dividends
FRA vs. WFSPX - Dividend Comparison
FRA's dividend yield for the trailing twelve months is around 13.49%, more than WFSPX's 1.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRA BlackRock Floating Rate Income Strategies Fund Inc | 13.49% | 12.62% | 10.81% | 10.44% | 6.88% | 5.96% | 7.61% | 6.44% | 6.90% | 5.31% | 5.65% | 6.17% |
WFSPX iShares S&P 500 Index Fund | 1.58% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
FRA vs. WFSPX - Drawdown Comparison
The maximum FRA drawdown since its inception was -51.43%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for FRA and WFSPX.
Loading graphics...
Drawdown Indicators
| FRA | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.43% | -58.21% | +6.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.47% | -12.11% | -3.36% |
Max Drawdown (5Y)Largest decline over 5 years | -18.77% | -24.51% | +5.74% |
Max Drawdown (10Y)Largest decline over 10 years | -42.80% | -33.74% | -9.06% |
Current DrawdownCurrent decline from peak | -11.62% | -8.90% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -7.19% | -12.84% | +5.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.44% | 2.49% | +3.95% |
Volatility
FRA vs. WFSPX - Volatility Comparison
BlackRock Floating Rate Income Strategies Fund Inc (FRA) has a higher volatility of 5.65% compared to iShares S&P 500 Index Fund (WFSPX) at 4.24%. This indicates that FRA's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FRA | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 4.24% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 8.21% | 9.08% | -0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 18.06% | -3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.78% | 16.84% | -4.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 17.98% | -2.49% |