CELFX vs. BSV
Compare and contrast key facts about Cliffwater Enhanced Lending Fund (CELFX) and Vanguard Short-Term Bond ETF (BSV).
CELFX is managed by Cliffwater. It was launched on Jul 26, 2021. BSV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-5 Year Government/Credit Float Adjusted Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CELFX or BSV.
Correlation
The correlation between CELFX and BSV is 0.07, 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.
Performance
CELFX vs. BSV - Performance Comparison
Key characteristics
CELFX:
1.82
BSV:
3.03
CELFX:
2.27
BSV:
4.90
CELFX:
2.53
BSV:
1.62
CELFX:
3.10
BSV:
2.65
CELFX:
7.87
BSV:
11.46
CELFX:
1.13%
BSV:
0.61%
CELFX:
4.91%
BSV:
2.30%
CELFX:
-2.87%
BSV:
-8.62%
CELFX:
-2.06%
BSV:
-0.50%
Returns By Period
In the year-to-date period, CELFX achieves a 0.74% return, which is significantly lower than BSV's 2.39% return.
CELFX
0.74%
0.74%
2.45%
8.70%
N/A
N/A
BSV
2.39%
-0.07%
2.89%
6.27%
1.11%
1.77%
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CELFX vs. BSV - Expense Ratio Comparison
CELFX has a 1.68% expense ratio, which is higher than BSV's 0.04% expense ratio.
Risk-Adjusted Performance
CELFX vs. BSV — Risk-Adjusted Performance Rank
CELFX
BSV
CELFX vs. BSV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cliffwater Enhanced Lending Fund (CELFX) and Vanguard Short-Term Bond ETF (BSV). 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
CELFX vs. BSV - Dividend Comparison
CELFX's dividend yield for the trailing twelve months is around 8.42%, more than BSV's 3.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CELFX Cliffwater Enhanced Lending Fund | 8.42% | 11.26% | 10.67% | 9.42% | 3.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSV Vanguard Short-Term Bond ETF | 3.56% | 3.38% | 2.46% | 1.50% | 1.36% | 1.79% | 2.29% | 1.99% | 1.65% | 1.49% | 1.40% | 1.45% |
Drawdowns
CELFX vs. BSV - Drawdown Comparison
The maximum CELFX drawdown since its inception was -2.87%, smaller than the maximum BSV drawdown of -8.62%. Use the drawdown chart below to compare losses from any high point for CELFX and BSV. For additional features, visit the drawdowns tool.
Volatility
CELFX vs. BSV - Volatility Comparison
The current volatility for Cliffwater Enhanced Lending Fund (CELFX) is 0.28%, while Vanguard Short-Term Bond ETF (BSV) has a volatility of 0.95%. This indicates that CELFX experiences smaller price fluctuations and is considered to be less risky than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.