FLRN vs SPXX
Comparison between STATE STREET(R) SPDR(R) BLOOMBERG INVESTMENT GRADE FLOATING RATE ETF (FLRN, ETF) and Nuveen S&P 500 Dynamic Overwrite Fund (SPXX, ETF).
5-Year PerformanceSPXX has outperformed FLRN, delivering a return of +6.9% compared to +4.2%
FLRN vs SPXX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
FLRN vs SPXX - Historical Returns
Returns include dividend reinvestment.
FLRN vs SPXX - Annual Returns (2005 - 2026)
Returns include dividend reinvestment.
| Year | FLRN | SPXX |
|---|---|---|
| 2026 | +1.90% | +3.04% |
| 2025 | +4.97% | +11.56% |
| 2024 | +6.28% | +28.64% |
| 2023 | +6.50% | +1.77% |
| 2022 | +1.28% | -7.14% |
| 2021 | +0.33% | +31.06% |
| 2020 | +0.80% | +0.75% |
| 2019 | +4.16% | +23.48% |
| 2018 | +1.43% | -14.40% |
| 2017 | +1.91% | +28.09% |
| 2016 | +1.73% | +14.57% |
| 2015 | +0.47% | +2.35% |
| 2014 | +0.07% | +9.85% |
| 2013 | +0.87% | +15.93% |
| 2012 | +2.91% | +15.76% |
| 2011 | +0.86% | -5.57% |
| 2010 | N/A | +13.97% |
| 2009 | N/A | +28.61% |
| 2008 | N/A | -29.58% |
| 2007 | N/A | -4.08% |
| 2006 | N/A | +22.10% |
| 2005 | N/A | -13.75% |
FLRN vs SPXX Drawdown Comparison
The maximum drawdown for FLRN was -14.64%, occurring on Mar 18, 2020. Recovery took 115 trading sessions.
The maximum drawdown for SPXX was -52.38%, occurring on Mar 9, 2009. Recovery took 924 trading sessions.
The current SPXX drawdown is -1.41%.
| Rank | FLRN | SPXX |
|---|---|---|
| #1 | -14.64% Feb 21, 2020 - Aug 5, 2020 | -52.38% Apr 12, 2007 - Dec 9, 2010 |
| #2 | -7.84% Jan 17, 2012 - May 2, 2018 | -43.80% Jun 7, 2018 - Mar 1, 2021 |
| #3 | -2.16% Mar 7, 2023 - Apr 17, 2023 | -18.59% Dec 14, 2010 - Feb 13, 2012 |
| #4 | -1.46% Feb 7, 2022 - Sep 7, 2022 | -18.06% Jan 12, 2022 - Dec 1, 2022 |
| #5 | -1.43% Apr 2, 2025 - Apr 28, 2025 | -17.95% Dec 1, 2022 - Jun 6, 2024 |
| #6 | -0.89% Nov 12, 2018 - Jan 18, 2019 | -17.67% Feb 19, 2025 - Jun 30, 2025 |
| #7 | -0.57% Sep 23, 2022 - Nov 8, 2022 | -14.69% Nov 30, 2005 - Aug 31, 2006 |
| #8 | -0.46% Aug 1, 2024 - Aug 9, 2024 | -14.67% Nov 24, 2015 - Apr 12, 2016 |
| #9 | -0.43% Apr 17, 2023 - Apr 27, 2023 | -11.85% Jan 12, 2026 - May 13, 2026 |
| #10 | -0.33% May 3, 2023 - May 12, 2023 | -11.20% Oct 1, 2012 - Jan 11, 2013 |
| #11 | -0.26% May 1, 2023 - May 3, 2023 | -9.73% Jun 15, 2021 - Dec 30, 2021 |
| #12 | -0.23% Dec 1, 2011 - Dec 15, 2011 | -9.68% Jul 16, 2015 - Nov 3, 2015 |
| #13 | -0.23% Mar 9, 2026 - Mar 23, 2026 | -7.94% Jan 26, 2018 - May 4, 2018 |
| #14 | -0.21% Mar 23, 2026 - Apr 6, 2026 | -7.77% Apr 2, 2012 - Jul 27, 2012 |
| #15 | -0.21% Sep 29, 2021 - Feb 7, 2022 | -7.69% Jul 16, 2024 - Aug 26, 2024 |
Correlation
Correlation between FLRN and SPXX is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.
Dividend Comparison (2006 - 2026)
FLRN vs SPXX dividend yield comparison.
| Year | FLRN | SPXX |
|---|---|---|
| 2026 | 1.72% | 1.85% |
| 2025 | 4.89% | 7.48% |
| 2024 | 5.67% | 6.87% |
| 2023 | 5.68% | 7.82% |
| 2022 | 1.95% | 7.30% |
| 2021 | 0.39% | 5.27% |
| 2020 | 1.22% | 6.56% |
| 2019 | 2.76% | 6.44% |
| 2018 | 2.39% | 7.98% |
| 2017 | 1.64% | 5.69% |
| 2016 | 1.06% | 5.14% |
| 2015 | 0.63% | 7.75% |
| 2014 | 0.53% | 7.30% |
| 2013 | 0.72% | 7.93% |
| 2012 | 1.59% | 8.66% |
| 2011 | 0.13% | 9.28% |
| 2010 | 0.00% | 8.09% |
| 2009 | 0.00% | 8.56% |
| 2008 | 0.00% | 13.80% |
| 2007 | 0.00% | 9.46% |
| 2006 | 0.00% | 8.36% |
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