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FRA correlations (Blackrock Floating Rate Income Strategies Fund Inc)

Which assets move with FRA and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

11.6%

3y weekly

Beta vs S&P 500

0.44

3y weekly

1-year return

-6.5%

price, adjusted

5-year return

+37.4%

price, adjusted

P/E ratio

15.6

trailing

Dividend yield

13.61%

trailing

Max drawdown

-18.8%

3y, daily closes

FRA over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with FRA

Asset		Correlation (3Y)
BGT	BlackRock Floating Rate Income Trust	0.76
EFR	Eaton Vance Senior Floating-Rate Fund	0.74
EFT	Eaton Vance Floating Rate Income Trust	0.73
DSU	Blackrock Debt Strategies Fund, Inc.	0.72
JFR	Nuveen Floating Rate Income Fund	0.71

If the goal is offsetting FRA, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.45
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.45

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/fra.json

Correlations, diversifiers, beta and volatility for FRA, plus one endpoint per pair. API documentation.