ARTUX vs. PSFIX

Last updated Jun 4, 2026

ARTUX (Artisan Floating Rate Fund) and PSFIX (Virtus Newfleet Senior Floating Rate Fund) are both Bank Loan funds. Over the past 3 years, ARTUX returned 7.60%/yr vs 7.37%/yr for PSFIX. A 0.65 correlation means they provide meaningful diversification when combined. ARTUX charges 1.20%/yr vs 0.69%/yr for PSFIX.

Performance

ARTUX vs. PSFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan Floating Rate Fund (ARTUX) and Virtus Newfleet Senior Floating Rate Fund (PSFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ARTUX having a 1.53% return and PSFIX slightly higher at 1.56%.

ARTUX

• 1D: 0.11%
• 1M: 0.68%
• YTD: 1.53%
• 6M: 2.17%
• 1Y: 5.71%
• 3Y*: 7.60%
• 5Y*: —
• 10Y*: —

PSFIX

• 1D: 0.00%
• 1M: 0.32%
• YTD: 1.56%
• 6M: 2.05%
• 1Y: 4.95%
• 3Y*: 7.37%
• 5Y*: 5.26%
• 10Y*: 4.46%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARTUX vs. PSFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ARTUX Artisan Floating Rate Fund	1.53%	6.34%	7.54%	11.20%	-3.50%
PSFIX Virtus Newfleet Senior Floating Rate Fund	1.56%	5.11%	7.59%	10.67%	-0.47%

Correlation

The correlation between ARTUX and PSFIX is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.61
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (All Time) Calculated using the full available price history since Feb 1, 2022	0.65

The correlation between ARTUX and PSFIX has been stable across timeframes, ranging from 0.56 to 0.65 - a consistent structural relationship.

Return for Risk

ARTUX vs. PSFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARTUX

ARTUX Risk / Return Rank: 76
ARTUX Sharpe Ratio Rank: 67
ARTUX Sortino Ratio Rank: 97
ARTUX Omega Ratio Rank: 96
ARTUX Calmar Ratio Rank: 66
ARTUX Martin Ratio Rank: 53

PSFIX

PSFIX Risk / Return Rank: 86
PSFIX Sharpe Ratio Rank: 55
PSFIX Sortino Ratio Rank: 95
PSFIX Omega Ratio Rank: 95
PSFIX Calmar Ratio Rank: 94
PSFIX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARTUX vs. PSFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan Floating Rate Fund (ARTUX) and Virtus Newfleet Senior Floating Rate Fund (PSFIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	ARTUX	PSFIX	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.19	+0.21
Sortino ratio Return per unit of downside risk	5.65	5.12	+0.53
Omega ratio Gain probability vs. loss probability	1.83	1.81	+0.03
Calmar ratio Return relative to maximum drawdown	3.15	5.62	-2.46
Martin ratio Return relative to average drawdown	10.78	18.49	-7.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARTUX vs. PSFIX - Sharpe Ratio Comparison

The current ARTUX Sharpe Ratio is 2.40, which is comparable to the PSFIX Sharpe Ratio of 2.19. The chart below compares the historical Sharpe Ratios of ARTUX and PSFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARTUX	PSFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.19	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	1.69	+0.18

Drawdowns

ARTUX vs. PSFIX - Drawdown Comparison

The maximum ARTUX drawdown since its inception was -6.08%, smaller than the maximum PSFIX drawdown of -22.76%. Use the drawdown chart below to compare losses from any high point for ARTUX and PSFIX.

Drawdown Indicators

	ARTUX	PSFIX	Difference
Max Drawdown Largest peak-to-trough decline	-6.08%	-22.76%	+16.68%
Max Drawdown (1Y) Largest decline over 1 year	-1.82%	-0.88%	-0.94%
Max Drawdown (3Y) Largest decline over 3 years	-2.76%	-2.62%	-0.14%
Max Drawdown (5Y) Largest decline over 5 years	—	-5.78%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.76%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.95%	-0.86%	-0.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.53%	0.27%	+0.26%

Volatility

ARTUX vs. PSFIX - Volatility Comparison

Artisan Floating Rate Fund (ARTUX) has a higher volatility of 0.59% compared to Virtus Newfleet Senior Floating Rate Fund (PSFIX) at 0.52%. This indicates that ARTUX's price experiences larger fluctuations and is considered to be riskier than PSFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARTUX	PSFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.59%	0.52%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	1.81%	1.64%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	2.40%	2.27%	+0.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.80%	2.82%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.80%	4.16%	-1.36%

ARTUX vs. PSFIX - Expense Ratio Comparison

ARTUX has a 1.20% expense ratio, which is higher than PSFIX's 0.69% expense ratio.

Dividends

ARTUX vs. PSFIX - Dividend Comparison

ARTUX's dividend yield for the trailing twelve months is around 7.19%, more than PSFIX's 6.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARTUX Artisan Floating Rate Fund	7.19%	7.31%	8.09%	6.71%	3.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PSFIX Virtus Newfleet Senior Floating Rate Fund	6.63%	7.22%	7.77%	7.48%	4.85%	2.84%	3.98%	5.29%	5.07%	4.03%	3.95%	4.40%

Frequently Asked Questions

Can I hold both ARTUX and PSFIX in my portfolio?

ARTUX and PSFIX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARTUX or PSFIX?

ARTUX has higher volatility (0.59%) compared to PSFIX (0.52%). In terms of maximum drawdown, ARTUX dropped -6.08% vs PSFIX's -22.76%.

Which has better risk-adjusted returns?

ARTUX currently has the higher Sharpe Ratio (2.40 vs 2.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.