TCW Senior Loan ETF (SLNZ) Sharpe Ratio: 0.51

SLNZ's Sharpe Ratio of 0.51 indicates that for each unit of volatility, it generates 0.51 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Apr 2, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

SLNZ Sharpe Ratio Rank

Below Average

SLNZ ranks above 25.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

SLNZ Sharpe Ratio Market Positioning

The chart shows SLNZ's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.49 or lower
Yellow zone (middle 50%): 0.49 to 1.44
Green zone (top 25%): 1.44 or higher
Top 1%: 5.88+
Median: 0.97 — half of all investments score higher

How it compares to other similar ETFs

The table compares TCW Senior Loan ETF's Sharpe Ratio with other ETFs in the Bank Loan category across multiple time periods, showing how SLNZ's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Apr 2, 2026.

Symbol	Name	1Y Sharpe Ratio
SEIX	Virtus Seix Senior Loan ETF	1.99
MBSF	Regan Floating Rate MBS ETF	1.69
EVLN	Eaton Vance Floating-Rate ETF	1.68
LONZ	PIMCO Senior Loan Active Exchange-Traded Fund	1.33
BRLN	BlackRock Floating Rate Loan ETF	1.15
TFLR	T. Rowe Price Floating Rate ETF	1.09
PFRL	PGIM Floating Rate Income ETF	0.67
SLNZ	TCW Senior Loan ETF	0.51

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

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Historical Sharpe Ratio

The chart shows SLNZ's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when SLNZ consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Explore SLNZ risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

SLNZ Sortino Ratio