FRA vs VOO
FRA vs VOO
Blackrock Floating Rate Income Strategies Fund Inc vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | FRA | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 2.97% | 0.03% | |
| AUM | $402M | $979.0B | |
| Dividend Yield | 13.06% | 1.09% | |
| Holdings | 469 | 509 | |
| YTD Return | -0.68% | +9.95% | |
| 1Y Return | -7.11% | +19.58% | |
| 3Y Return (annualized) | +7.57% | +19.43% | |
| 5Y Return (annualized) | +6.35% | +12.89% | |
| Volatility (annualized) | 14.5% | 14.2% | |
| Max Drawdown | -51.4% | -34.3% | |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 31, 2003 | Sep 7, 2010 |
FRA vs VOO Performance
Blackrock Floating Rate Income Strategies Fund Inc (FRA) is a ETF from BlackRock, Inc. (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year FRA returned -7.11% while VOO returned +19.58%. Year to date, FRA is down 0.68% versus a gain of 9.95% for VOO.
Over three years, FRA compounded at +7.57% per year against +19.43% for VOO; over five years the annualized figures are +6.35% and +12.89% respectively. Across the full 16-year window we track, VOO has the edge at +13.35% annualized vs +5.12%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FRA has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 14.2% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -51.4% for FRA and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
FRA charges 2.97% per year while VOO charges 0.03%. On a $10,000 position that is $297 vs $3 annually, a gap of $294 per year that compounds over a long holding period. On income, FRA currently yields 13.06% against 1.09% for VOO.
Holdings Overlap
FRA and VOO share 0 holdings out of 726 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, FRA or VOO?
FRA has an expense ratio of 2.97% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $294 per year of difference.
Which performed better, FRA or VOO?
Over the past year FRA returned -7.11% vs +19.58% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (16 years), FRA annualized +5.12% vs +13.35% for VOO. Past performance does not guarantee future results.
Which is riskier, FRA or VOO?
FRA has been the more volatile fund at 14.5% annualized versus 14.2% for VOO. Worst drawdown: FRA -51.4% vs VOO -34.3%.
Should I hold both FRA and VOO?
FRA and VOO have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between FRA and VOO?
FRA and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 726 unique securities.
Which pays a higher dividend, FRA or VOO?
FRA yields 13.06% while VOO yields 1.09%, so FRA currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.