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FLDB vs FRA

Comparison between FIDELITY LOW DURATION BOND ETF (FLDB, ETF) and Blackrock Floating Rate Income Strategies Fund Inc (FRA, ETF).

FLDB vs FRA - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
FLDB
$409M
FRA
$409M
Expense Ratio
FLDB
0.20%
FRA
N/A
Max Drawdown
Winner
FLDB
1.00%
FRA
61.81%
Sharpe Ratio
Winner
FLDB
0.34
FRA
-0.77
5Y Beta
Winner
FLDB
-0.00
FRA
0.39
5Y Dividends CAGR
FLDB
N/A
FRA
11.53%

FLDB vs FRA - Historical Returns

Returns include dividend reinvestment.

1M
Winner
FLDB
+0.34%
FRA
-0.33%
3M
FLDB
+0.96%
Winner
FRA
+3.91%
6M
Winner
FLDB
+1.69%
FRA
-0.56%
1Y
Winner
FLDB
+4.15%
FRA
-4.46%
5Y(CAGR)
FLDB
N/A
FRA
+6.56%
10Y(CAGR)
FLDB
N/A
FRA
+6.44%
Max(CAGR)
FLDB
+4.66%
Winner
FRA
+5.11%

FLDB vs FRA - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

YearFLDBFRA
2026+1.50%-1.15%
2025+4.99%-3.57%
2024+4.29%+21.71%
2023N/A+24.07%
2022N/A-10.11%
2021N/A+19.27%
2020N/A-2.72%
2019N/A+18.72%
2018N/A-9.21%
2017N/A+0.49%
2016N/A+18.78%
2015N/A+2.35%
2014N/A-2.22%
2013N/A+1.55%
2012N/A+20.31%
2011N/A-4.69%
2010N/A+11.74%
2009N/A+66.49%
2008N/A-38.85%
2007N/A-3.77%
2006N/A+14.89%
2005N/A-2.46%
2004N/A+0.22%
2003N/A-1.38%

FLDB vs FRA Drawdown Comparison

The maximum drawdown for FLDB was -0.49%, occurring on Aug 30, 2024. Recovery took 15 trading sessions.

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

The current FLDB drawdown is -0.03%. The current FRA drawdown is -9.66%.

RankFLDBFRA
#1-0.49%
Aug 28, 2024 - Sep 19, 2024
-51.41%
Jun 19, 2007 - Jan 25, 2010
#2-0.40%
Apr 4, 2025 - Apr 28, 2025
-42.81%
Jan 22, 2020 - Jan 14, 2021
#3-0.38%
Mar 26, 2024 - Apr 26, 2024
-21.89%
Jun 2, 2011 - Aug 30, 2012
#4-0.38%
Aug 5, 2024 - Aug 14, 2024
-20.14%
Apr 26, 2010 - May 12, 2011
#5-0.33%
Mar 10, 2025 - Mar 26, 2025
-18.78%
Dec 16, 2024 - Aug 26, 2025
#6-0.24%
Aug 14, 2024 - Aug 16, 2024
-18.63%
Feb 9, 2022 - Jul 14, 2023
#7-0.24%
Oct 11, 2024 - Oct 15, 2024
-15.86%
May 2, 2018 - Dec 9, 2019
#8-0.22%
Oct 3, 2024 - Oct 9, 2024
-15.46%
Aug 28, 2025 - Mar 27, 2026
#9-0.22%
Oct 18, 2024 - Oct 24, 2024
-14.87%
May 24, 2013 - Sep 8, 2016
#10-0.20%
Oct 15, 2024 - Oct 18, 2024
-10.36%
Mar 9, 2005 - Sep 5, 2006
#11-0.18%
Dec 10, 2024 - Dec 20, 2024
-7.92%
Sep 22, 2023 - Dec 13, 2023
#12-0.18%
Mar 28, 2025 - Apr 1, 2025
-7.28%
Jul 26, 2024 - Oct 4, 2024
#13-0.17%
Oct 28, 2025 - Nov 5, 2025
-6.18%
Mar 11, 2010 - Apr 13, 2010
#14-0.16%
Jun 10, 2024 - Jun 12, 2024
-5.84%
Oct 25, 2012 - Dec 21, 2012
#15-0.16%
Feb 27, 2026 - Mar 25, 2026
-5.65%
Mar 26, 2013 - May 22, 2013

Correlation

Correlation between FLDB and FRA is 0.54 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.54
-101

Dividend Comparison (2003 - 2026)

FLDB vs FRA dividend yield comparison.

YearFLDBFRA
20261.60%6.82%
20254.72%12.61%
20243.58%10.80%
20230.00%10.44%
20220.00%6.88%
20210.00%5.96%
20200.00%7.61%
20190.00%6.44%
20180.00%6.90%
20170.00%5.31%
20160.00%5.65%
20150.00%6.17%
20140.00%6.24%
20130.00%6.38%
20120.00%6.81%
20110.00%6.92%
20100.00%6.33%
20090.00%7.77%
20080.00%16.85%
20070.00%9.50%
20060.00%8.09%
20050.00%7.49%
20040.00%5.12%
20030.00%0.38%

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