BKLN vs. FTSL
Compare and contrast key facts about Invesco Senior Loan ETF (BKLN) and First Trust Senior Loan Fund (FTSL).
BKLN and FTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BKLN is a passively managed fund by Invesco that tracks the performance of the S&P/LSTA U.S. Leveraged Loan 100 Index. It was launched on Mar 3, 2011. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKLN or FTSL.
Correlation
The correlation between BKLN and FTSL is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BKLN vs. FTSL - Performance Comparison
Key characteristics
BKLN:
3.84
FTSL:
4.57
BKLN:
5.76
FTSL:
7.00
BKLN:
2.03
FTSL:
2.24
BKLN:
5.21
FTSL:
8.31
BKLN:
46.30
FTSL:
56.24
BKLN:
0.19%
FTSL:
0.16%
BKLN:
2.26%
FTSL:
1.98%
BKLN:
-24.17%
FTSL:
-22.67%
BKLN:
0.00%
FTSL:
0.00%
Returns By Period
In the year-to-date period, BKLN achieves a 0.38% return, which is significantly lower than FTSL's 0.45% return. Over the past 10 years, BKLN has underperformed FTSL with an annualized return of 3.81%, while FTSL has yielded a comparatively higher 4.24% annualized return.
BKLN
0.38%
0.81%
4.28%
8.67%
4.29%
3.81%
FTSL
0.45%
0.72%
4.32%
8.58%
4.80%
4.24%
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BKLN vs. FTSL - Expense Ratio Comparison
BKLN has a 0.65% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Risk-Adjusted Performance
BKLN vs. FTSL — Risk-Adjusted Performance Rank
BKLN
FTSL
BKLN vs. FTSL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan ETF (BKLN) and First Trust Senior Loan Fund (FTSL). 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.
Dividends
BKLN vs. FTSL - Dividend Comparison
BKLN's dividend yield for the trailing twelve months is around 8.38%, more than FTSL's 7.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | 8.38% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.51% | 3.51% | 4.55% | 4.11% | 4.12% |
FTSL First Trust Senior Loan Fund | 7.53% | 7.56% | 7.59% | 4.77% | 3.18% | 3.48% | 4.45% | 4.29% | 3.64% | 3.70% | 3.95% | 3.75% |
Drawdowns
BKLN vs. FTSL - Drawdown Comparison
The maximum BKLN drawdown since its inception was -24.17%, which is greater than FTSL's maximum drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for BKLN and FTSL. For additional features, visit the drawdowns tool.
Volatility
BKLN vs. FTSL - Volatility Comparison
The current volatility for Invesco Senior Loan ETF (BKLN) is 0.48%, while First Trust Senior Loan Fund (FTSL) has a volatility of 0.77%. This indicates that BKLN experiences smaller price fluctuations and is considered to be less risky than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.