FRA vs FXE

Comparison between Blackrock Floating Rate Income Strategies Fund Inc (FRA, ETF) and Invesco CurrencyShares Euro Trust (FXE, ETF).

5-Year PerformanceFRA has outperformed FXE, delivering a return of +6.6% compared to -0.2%

FRA vs FXE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRA(ETF)	FXE(ETF)
Net Assets	$409M	$409M
Expense Ratio	N/A	0.40%
Max Drawdown	61.81%	44.67%
Sharpe Ratio	-0.77	-0.65
5Y Beta	0.39	-0.00
5Y Dividends CAGR	11.53%	N/A

Net Assets

Winner

FRA

$409M

FXE

$409M

Expense Ratio

FRA

N/A

FXE

0.40%

Max Drawdown

FRA

61.81%

Winner

FXE

44.67%

Sharpe Ratio

FRA

-0.77

Winner

FXE

-0.65

5Y Beta

FRA

0.39

Winner

FXE

-0.00

5Y Dividends CAGR

FRA

11.53%

FXE

N/A

FRA vs FXE - Historical Returns

Returns include dividend reinvestment.

Period	FRA	FXE
1 month	-0.33%	-1.87%
3 months	+3.91%	-1.82%
6 months	-0.56%	-3.08%
1 year	-4.46%	-1.02%
5 years(CAGR)	+6.56%	-0.17%
10 years(CAGR)	+6.44%	-0.05%
Max(CAGR)	+5.11%	+0.07%

Winner

FRA

-0.33%

FXE

-1.87%

Winner

FRA

+3.91%

FXE

-1.82%

Winner

FRA

-0.56%

FXE

-3.08%

FRA

-4.46%

Winner

FXE

-1.02%

5Y(CAGR)

Winner

FRA

+6.56%

FXE

-0.17%

10Y(CAGR)

Winner

FRA

+6.44%

FXE

-0.05%

Max(CAGR)

Winner

FRA

+5.11%

FXE

+0.07%

FRA vs FXE - Annual Returns (2003 - 2026)

Returns include dividend reinvestment.

Year	FRA	FXE
2026	-1.15%	-2.53%
2025	-3.57%	+15.55%
2024	+21.71%	-3.36%
2023	+24.07%	+6.37%
2022	-10.11%	-5.88%
2021	+19.27%	-8.08%
2020	-2.72%	+8.40%
2019	+18.72%	-1.97%
2018	-9.21%	-5.78%
2017	+0.49%	+14.54%
2016	+18.78%	-3.55%
2015	+2.35%	-9.98%
2014	-2.22%	-11.81%
2013	+1.55%	+3.90%
2012	+20.31%	+0.72%
2011	-4.69%	-2.84%
2010	+11.74%	-7.48%
2009	+66.49%	+3.32%
2008	-38.85%	-2.02%
2007	-3.77%	+14.49%
2006	+14.89%	+12.27%
2005	-2.46%	-0.88%
2004	+0.22%	N/A
2003	-1.38%	N/A

FRA vs FXE Drawdown Comparison

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

The maximum drawdown for FXE was -43.32%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current FRA drawdown is -9.66%. The current FXE drawdown is -29.29%.

Rank	FRA	FXE
#1	-51.41% Jun 19, 2007 - Jan 25, 2010	-43.32% Jul 11, 2008 - Sep 27, 2022
#2	-42.81% Jan 22, 2020 - Jan 14, 2021	-3.60% Nov 26, 2007 - Jan 14, 2008
#3	-21.89% Jun 2, 2011 - Aug 30, 2012	-3.54% Jan 23, 2006 - Apr 4, 2006
#4	-20.14% Apr 26, 2010 - May 12, 2011	-3.49% Apr 22, 2008 - Jul 2, 2008
#5	-18.78% Dec 16, 2024 - Aug 26, 2025	-3.04% Jun 2, 2006 - Aug 4, 2006
#6	-18.63% Feb 9, 2022 - Jul 14, 2023	-3.01% Dec 1, 2006 - Mar 15, 2007
#7	-15.86% May 2, 2018 - Dec 9, 2019	-2.74% Jan 30, 2008 - Feb 26, 2008
#8	-15.46% Aug 28, 2025 - Mar 27, 2026	-2.73% Jul 20, 2007 - Sep 7, 2007
#9	-14.87% May 24, 2013 - Sep 8, 2016	-2.63% Aug 21, 2006 - Nov 9, 2006
#10	-10.36% Mar 9, 2005 - Sep 5, 2006	-2.25% Apr 27, 2007 - Jul 2, 2007
#11	-7.92% Sep 22, 2023 - Dec 13, 2023	-2.09% Mar 17, 2008 - Mar 26, 2008
#12	-7.28% Jul 26, 2024 - Oct 4, 2024	-1.72% Jan 14, 2008 - Jan 30, 2008
#13	-6.18% Mar 11, 2010 - Apr 13, 2010	-1.52% Apr 5, 2006 - Apr 18, 2006
#14	-5.84% Oct 25, 2012 - Dec 21, 2012	-1.51% May 12, 2006 - Jun 2, 2006
#15	-5.65% Mar 26, 2013 - May 22, 2013	-1.47% Dec 16, 2005 - Jan 3, 2006

Correlation

Correlation between FRA and FXE is -0.65 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.65

-101

Dividend Comparison (2003 - 2026)

FRA vs FXE dividend yield comparison.

Year	FRA	FXE
2026	6.82%	0.37%
2025	12.61%	0.94%
2024	10.80%	2.28%
2023	10.44%	1.49%
2022	6.88%	0.01%
2021	5.96%	0.00%
2020	7.61%	0.00%
2019	6.44%	0.00%
2018	6.90%	0.00%
2017	5.31%	0.00%
2016	5.65%	0.00%
2015	6.17%	0.00%
2014	6.24%	0.00%
2013	6.38%	0.00%
2012	6.81%	0.00%
2011	6.92%	0.23%
2010	6.33%	0.01%
2009	7.77%	0.34%
2008	16.85%	3.57%
2007	9.50%	3.01%
2006	8.09%	1.97%
2005	7.49%	0.00%
2004	5.12%	0.00%
2003	0.38%	0.00%