BRLN vs. SLJY
BRLN (BlackRock Floating Rate Loan ETF) and SLJY (Amplify SILJ Covered Call ETF) are both exchange-traded funds - BRLN is a Bank Loan fund actively managed by BlackRock, while SLJY is a Derivative Income fund actively managed by Amplify. Both are actively managed. At a correlation of -0.05, they often move in opposite directions. BRLN charges 0.55%/yr vs 0.75%/yr for SLJY.
Performance
BRLN vs. SLJY - Performance Comparison
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Returns By Period
In the year-to-date period, BRLN achieves a 1.35% return, which is significantly lower than SLJY's 7.71% return.
BRLN
- 1D
- -0.21%
- 1M
- 0.94%
- YTD
- 1.35%
- 6M
- 2.23%
- 1Y
- 5.10%
- 3Y*
- 7.36%
- 5Y*
- —
- 10Y*
- —
SLJY
- 1D
- -4.01%
- 1M
- 3.34%
- YTD
- 7.71%
- 6M
- 15.56%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BRLN vs. SLJY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 1.35% | 1.95% |
SLJY Amplify SILJ Covered Call ETF | 7.71% | 43.38% |
Correlation
The correlation between BRLN and SLJY is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 20, 2025 | -0.05 |
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Return for Risk
BRLN vs. SLJY — Risk / Return Rank
BRLN
SLJY
BRLN vs. SLJY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Loan ETF (BRLN) and Amplify SILJ Covered Call ETF (SLJY). 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.
| BRLN | SLJY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | — | — |
| Martin ratioReturn relative to average drawdown | 9.95 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRLN | SLJY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.19 | 1.49 | +0.69 |
Drawdowns
BRLN vs. SLJY - Drawdown Comparison
The maximum BRLN drawdown since its inception was -3.85%, smaller than the maximum SLJY drawdown of -30.60%. Use the drawdown chart below to compare losses from any high point for BRLN and SLJY.
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Drawdown Indicators
| BRLN | SLJY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.85% | -30.60% | +26.75% |
Max Drawdown (1Y)Largest decline over 1 year | -2.00% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.85% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -21.65% | +21.44% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -9.60% | +9.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | — | — |
Volatility
BRLN vs. SLJY - Volatility Comparison
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Volatility by Period
| BRLN | SLJY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.81% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.24% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.06% | 49.59% | -46.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.73% | 49.59% | -45.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.73% | 49.59% | -45.86% |
BRLN vs. SLJY - Expense Ratio Comparison
BRLN has a 0.55% expense ratio, which is lower than SLJY's 0.75% expense ratio.
Dividends
BRLN vs. SLJY - Dividend Comparison
BRLN's dividend yield for the trailing twelve months is around 6.35%, less than SLJY's 16.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 6.35% | 6.50% | 7.87% | 9.06% | 1.48% |
SLJY Amplify SILJ Covered Call ETF | 16.71% | 6.26% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BRLN and SLJY have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BRLN is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BRLN is cheaper with a 0.55% expense ratio, compared with 0.75% for SLJY.
SLJY has the higher dividend yield at 16.71%, compared with 6.35% for BRLN.
BRLN is categorized as Bank Loan, while SLJY is Derivative Income. They also come from different issuers: BlackRock and Amplify. Their fees differ too: 0.55% for BRLN and 0.75% for SLJY.
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