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BXSL vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BXSL and VOO is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

BXSL vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackstone Secured Lending Fund (BXSL) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.06%
10.43%
BXSL
VOO

Key characteristics

Sharpe Ratio

BXSL:

2.07

VOO:

2.22

Sortino Ratio

BXSL:

2.77

VOO:

2.95

Omega Ratio

BXSL:

1.36

VOO:

1.42

Calmar Ratio

BXSL:

3.05

VOO:

3.27

Martin Ratio

BXSL:

8.94

VOO:

14.57

Ulcer Index

BXSL:

3.19%

VOO:

1.90%

Daily Std Dev

BXSL:

13.80%

VOO:

12.47%

Max Drawdown

BXSL:

-36.80%

VOO:

-33.99%

Current Drawdown

BXSL:

-0.28%

VOO:

-1.77%

Returns By Period

The year-to-date returns for both investments are quite close, with BXSL having a 26.72% return and VOO slightly higher at 26.92%.


BXSL

YTD

26.72%

1M

2.27%

6M

8.05%

1Y

27.95%

5Y*

N/A

10Y*

N/A

VOO

YTD

26.92%

1M

0.27%

6M

10.43%

1Y

27.36%

5Y*

14.95%

10Y*

13.12%

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Risk-Adjusted Performance

BXSL vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) 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.


Sharpe ratio
The chart of Sharpe ratio for BXSL, currently valued at 2.07, compared to the broader market-4.00-2.000.002.002.072.22
The chart of Sortino ratio for BXSL, currently valued at 2.77, compared to the broader market-4.00-2.000.002.004.002.772.95
The chart of Omega ratio for BXSL, currently valued at 1.36, compared to the broader market0.501.001.502.001.361.42
The chart of Calmar ratio for BXSL, currently valued at 3.05, compared to the broader market0.002.004.006.003.053.27
The chart of Martin ratio for BXSL, currently valued at 8.94, compared to the broader market-5.000.005.0010.0015.0020.0025.008.9414.57
BXSL
VOO

The current BXSL Sharpe Ratio is 2.07, which is comparable to the VOO Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of BXSL and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.07
2.22
BXSL
VOO

Dividends

BXSL vs. VOO - Dividend Comparison

BXSL's dividend yield for the trailing twelve months is around 9.48%, more than VOO's 1.23% yield.


TTM20232022202120202019201820172016201520142013
BXSL
Blackstone Secured Lending Fund
9.48%10.64%13.02%1.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF
1.23%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

BXSL vs. VOO - Drawdown Comparison

The maximum BXSL drawdown since its inception was -36.80%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BXSL and VOO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.28%
-1.77%
BXSL
VOO

Volatility

BXSL vs. VOO - Volatility Comparison

Blackstone Secured Lending Fund (BXSL) has a higher volatility of 4.57% compared to Vanguard S&P 500 ETF (VOO) at 3.78%. This indicates that BXSL's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.57%
3.78%
BXSL
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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