BSL vs FAAR

Comparison between Blackstone Senior Floating Rate 2027 Term Fund (BSL, ETF) and FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF (FAAR, ETF).

5-Year PerformanceFAAR has outperformed BSL, delivering a return of +7.5% compared to +3.9%

BSL vs FAAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSL(ETF)	FAAR(ETF)
Net Assets	$176M	$176M
Expense Ratio	N/A	0.98%
Max Drawdown	57.08%	27.93%
Sharpe Ratio	-0.62	2.03
5Y Beta	0.20	0.15
5Y Dividends CAGR	3.76%	31.47%

Net Assets

BSL

$176M

FAAR

$176M

Expense Ratio

BSL

N/A

FAAR

0.98%

Max Drawdown

BSL

57.08%

Winner

FAAR

27.93%

Sharpe Ratio

BSL

-0.62

Winner

FAAR

2.03

5Y Beta

BSL

0.20

Winner

FAAR

0.15

5Y Dividends CAGR

BSL

3.76%

Winner

FAAR

31.47%

BSL vs FAAR - Historical Returns

Returns include dividend reinvestment.

Period	BSL	FAAR
1 month	-1.11%	-2.79%
3 months	+4.45%	-1.84%
6 months	-0.56%	+22.36%
1 year	-0.98%	+32.87%
5 years(CAGR)	+3.92%	+7.52%
10 years(CAGR)	+5.86%	+4.91%
Max(CAGR)	+4.77%	+4.88%

Winner

BSL

-1.11%

FAAR

-2.79%

Winner

BSL

+4.45%

FAAR

-1.84%

BSL

-0.56%

Winner

FAAR

+22.36%

BSL

-0.98%

Winner

FAAR

+32.87%

5Y(CAGR)

BSL

+3.92%

Winner

FAAR

+7.52%

10Y(CAGR)

Winner

BSL

+5.86%

FAAR

+4.91%

Max(CAGR)

BSL

+4.77%

Winner

FAAR

+4.88%

BSL vs FAAR - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BSL	FAAR
2026	-0.89%	+22.25%
2025	+1.72%	+6.84%
2024	+18.03%	+5.74%
2023	+18.66%	-4.73%
2022	-22.30%	+10.10%
2021	+28.50%	+12.29%
2020	-4.31%	+11.07%
2019	+11.88%	-1.61%
2018	-7.41%	-8.92%
2017	+5.87%	+5.00%
2016	+31.56%	-3.78%
2015	-6.15%	N/A
2014	-4.74%	N/A
2013	-1.90%	N/A
2012	+17.78%	N/A
2011	-1.24%	N/A
2010	+3.21%	N/A

BSL vs FAAR Drawdown Comparison

The maximum drawdown for BSL was -43.82%, occurring on Mar 18, 2020. Recovery took 413 trading sessions.

The maximum drawdown for FAAR was -18.06%, occurring on Apr 8, 2025. Recovery took 901 trading sessions.

The current BSL drawdown is -3.60%. The current FAAR drawdown is -3.52%.

Rank	BSL	FAAR
#1	-43.82% Aug 8, 2019 - Mar 30, 2021	-18.06% Jun 9, 2022 - Jan 13, 2026
#2	-26.92% Apr 26, 2013 - Nov 14, 2016	-16.65% May 21, 2018 - Feb 22, 2021
#3	-24.49% Dec 31, 2021 - Mar 12, 2024	-12.20% Jul 13, 2021 - Feb 7, 2022
#4	-16.90% Jul 12, 2011 - Apr 3, 2012	-6.77% May 3, 2017 - Jan 11, 2018
#5	-14.81% Sep 24, 2018 - Jul 3, 2019	-6.33% Mar 8, 2022 - Jun 9, 2022
#6	-7.85% Sep 8, 2025 - Mar 9, 2026	-5.93% Jul 13, 2016 - May 3, 2017
#7	-7.24% Jun 2, 2010 - Nov 2, 2010	-5.87% Jun 8, 2021 - Jul 13, 2021
#8	-6.98% Apr 5, 2012 - Aug 15, 2012	-5.76% Jan 24, 2018 - May 21, 2018
#9	-6.91% May 4, 2021 - Oct 14, 2021	-3.63% Feb 24, 2021 - Apr 29, 2021
#10	-6.82% Oct 5, 2012 - Dec 13, 2012	-3.52% May 18, 2026 - Jun 9, 2026
#11	-6.41% Feb 19, 2013 - Apr 22, 2013	-2.88% Jan 29, 2026 - Feb 19, 2026
#12	-5.95% Mar 17, 2011 - Apr 19, 2011	-2.70% Mar 20, 2026 - Apr 2, 2026
#13	-5.70% May 2, 2011 - Jul 12, 2011	-2.24% Apr 30, 2026 - May 18, 2026
#14	-5.06% Feb 4, 2025 - Jun 25, 2025	-2.03% Feb 11, 2022 - Feb 22, 2022
#15	-4.91% May 11, 2017 - Dec 28, 2017	-1.98% Feb 23, 2022 - Mar 1, 2022

Correlation

Correlation between BSL and FAAR is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2010 - 2026)

BSL vs FAAR dividend yield comparison.

Year	BSL	FAAR
2026	2.67%	0.33%
2025	8.45%	11.63%
2024	9.46%	3.45%
2023	10.76%	3.20%
2022	6.89%	5.82%
2021	5.75%	6.49%
2020	7.65%	3.05%
2019	8.15%	1.02%
2018	9.21%	0.58%
2017	5.93%	2.83%
2016	5.86%	0.00%
2015	7.27%	0.00%
2014	7.23%	0.00%
2013	6.42%	0.00%
2012	6.98%	0.00%
2011	7.52%	0.00%
2010	3.31%	0.00%