BKLN vs. VOO
Compare and contrast key facts about Invesco Senior Loan ETF (BKLN) and Vanguard S&P 500 ETF (VOO).
BKLN and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BKLN and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BKLN or VOO.
Performance
BKLN vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, BKLN achieves a 7.69% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, BKLN has underperformed VOO with an annualized return of 3.59%, while VOO has yielded a comparatively higher 13.18% annualized return.
BKLN
7.69%
1.06%
4.50%
9.90%
4.59%
3.59%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| BKLN | VOO | |
|---|---|---|
| Sharpe Ratio | 4.24 | 2.70 |
| Sortino Ratio | 6.55 | 3.60 |
| Omega Ratio | 2.16 | 1.50 |
| Calmar Ratio | 5.95 | 3.90 |
| Martin Ratio | 50.27 | 17.65 |
| Ulcer Index | 0.20% | 1.86% |
| Daily Std Dev | 2.33% | 12.19% |
| Max Drawdown | -24.17% | -33.99% |
| Current Drawdown | -0.05% | -0.86% |
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BKLN vs. VOO - Expense Ratio Comparison
BKLN has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Correlation
The correlation between BKLN and VOO is 0.52, 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.
Risk-Adjusted Performance
BKLN vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Loan ETF (BKLN) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
BKLN's dividend yield for the trailing twelve months is around 8.53%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | 8.53% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.51% | 3.51% | 4.55% | 4.11% | 4.12% | 4.39% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BKLN vs. VOO - Drawdown Comparison
The maximum BKLN drawdown since its inception was -24.17%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BKLN and VOO. For additional features, visit the drawdowns tool.
Volatility
BKLN vs. VOO - Volatility Comparison
The current volatility for Invesco Senior Loan ETF (BKLN) is 0.54%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. This indicates that BKLN experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.