CEMB vs FRA

Comparison between ISHARES J.P. MORGAN EM CORPORATE BOND ETF (CEMB, ETF) and Blackrock Floating Rate Income Strategies Fund Inc (FRA, ETF).

5-Year PerformanceFRA has outperformed CEMB, delivering a return of +6.6% compared to +1.9%

CEMB vs FRA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CEMB(ETF)	FRA(ETF)
Net Assets	$404M	$403M
Expense Ratio	0.50%	N/A
Max Drawdown	25.91%	61.81%
Sharpe Ratio	0.09	-0.92
5Y Beta	0.13	0.37
5Y Dividends CAGR	3.26%	13.98%

Net Assets

Winner

CEMB

$404M

FRA

$403M

Expense Ratio

CEMB

0.50%

FRA

N/A

Max Drawdown

Winner

CEMB

25.91%

FRA

61.81%

Sharpe Ratio

Winner

CEMB

0.09

FRA

-0.92

5Y Beta

Winner

CEMB

0.13

FRA

0.37

5Y Dividends CAGR

CEMB

3.26%

Winner

FRA

13.98%

CEMB vs FRA - Historical Returns

Returns include dividend reinvestment.

Period	CEMB	FRA
1 month	+0.82%	+2.82%
3 months	+0.75%	+1.96%
6 months	+0.49%	+3.71%
1 year	+4.21%	-5.83%
5 years(CAGR)	+1.88%	+6.61%
10 years(CAGR)	+3.37%	+6.39%
Max(CAGR)	+3.66%	+5.20%

CEMB

+0.82%

Winner

FRA

+2.82%

CEMB

+0.75%

Winner

FRA

+1.96%

CEMB

+0.49%

Winner

FRA

+3.71%

Winner

CEMB

+4.21%

FRA

-5.83%

5Y(CAGR)

CEMB

+1.88%

Winner

FRA

+6.61%

10Y(CAGR)

CEMB

+3.37%

Winner

FRA

+6.39%

Max(CAGR)

CEMB

+3.66%

Winner

FRA

+5.20%

CEMB vs FRA - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	CEMB	FRA
2026	+2.08%	+1.58%
2025	+8.77%	-3.57%
2024	+6.15%	+21.71%
2023	+8.26%	+24.07%
2022	-12.21%	-10.11%
2021	-0.61%	+19.27%
2020	+6.46%	-2.72%
2019	+13.74%	+18.72%
2018	-3.04%	-9.21%
2017	+6.77%	+0.49%
2016	+10.83%	+18.78%
2015	-1.70%	+2.35%
2014	+0.11%	-2.22%
2013	-5.29%	+1.55%
2012	+9.22%	+20.31%
2011	N/A	-4.69%
2010	N/A	+11.74%
2009	N/A	+66.49%
2008	N/A	-38.85%
2007	N/A	-3.77%
2006	N/A	+14.89%
2005	N/A	-2.46%
2004	N/A	+0.22%
2003	N/A	-1.38%

CEMB vs FRA Drawdown Comparison

The maximum drawdown for CEMB was -20.84%, occurring on Mar 19, 2020. Recovery took 114 trading sessions.

The maximum drawdown for FRA was -51.41%, occurring on Dec 15, 2008. Recovery took 655 trading sessions.

The current FRA drawdown is -7.16%.

Rank	CEMB	FRA
#1	-20.84% Feb 21, 2020 - Aug 4, 2020	-51.41% Jun 19, 2007 - Jan 25, 2010
#2	-20.49% Sep 13, 2021 - Sep 27, 2024	-42.81% Jan 22, 2020 - Jan 14, 2021
#3	-11.84% May 2, 2013 - Jun 2, 2014	-21.89% Jun 2, 2011 - Aug 30, 2012
#4	-9.58% May 11, 2015 - Apr 4, 2016	-20.14% Apr 26, 2010 - May 12, 2011
#5	-7.73% Jul 10, 2014 - Apr 24, 2015	-18.78% Dec 16, 2024 - Aug 26, 2025
#6	-5.60% Jan 11, 2018 - Feb 4, 2019	-18.63% Feb 9, 2022 - Jul 14, 2023
#7	-4.05% Oct 25, 2016 - Jan 9, 2017	-15.86% May 2, 2018 - Dec 9, 2019
#8	-3.10% Feb 28, 2025 - May 29, 2025	-15.46% Aug 28, 2025 - Mar 27, 2026
#9	-2.88% Feb 27, 2026 - Jun 1, 2026	-14.87% May 24, 2013 - Sep 8, 2016
#10	-2.75% May 7, 2012 - Jun 21, 2012	-10.36% Mar 9, 2005 - Sep 5, 2006
#11	-2.49% Feb 10, 2021 - Jun 15, 2021	-7.92% Sep 22, 2023 - Dec 13, 2023
#12	-2.49% May 12, 2016 - Jul 8, 2016	-7.28% Jul 26, 2024 - Oct 4, 2024
#13	-2.29% Jan 24, 2013 - Apr 5, 2013	-6.18% Mar 11, 2010 - Apr 13, 2010
#14	-2.11% Sep 27, 2024 - Feb 24, 2025	-5.84% Oct 25, 2012 - Dec 21, 2012
#15	-2.11% Sep 11, 2012 - Oct 16, 2012	-5.65% Mar 26, 2013 - May 22, 2013

Correlation

Correlation between CEMB and FRA is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2003 - 2026)

CEMB vs FRA dividend yield comparison.

Year	CEMB	FRA
2026	3.02%	9.05%
2025	5.14%	12.61%
2024	5.11%	10.80%
2023	4.77%	10.44%
2022	4.29%	6.88%
2021	3.51%	5.96%
2020	3.86%	7.61%
2019	4.19%	6.44%
2018	4.66%	6.90%
2017	4.06%	5.31%
2016	4.26%	5.65%
2015	4.76%	6.17%
2014	4.23%	6.24%
2013	3.93%	6.38%
2012	2.50%	6.81%
2011	0.00%	6.92%
2010	0.00%	6.33%
2009	0.00%	7.77%
2008	0.00%	16.85%
2007	0.00%	9.50%
2006	0.00%	8.09%
2005	0.00%	7.49%
2004	0.00%	5.12%
2003	0.00%	0.38%