Correlation
The correlation between DFLYX and CFRIX is 0.28, 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.
DFLYX vs. CFRIX
Compare and contrast key facts about BNY Mellon Floating Rate Income Fund (DFLYX) and Catalyst/CIFC Floating Rate Income Fund (CFRIX).
DFLYX is managed by Dreyfus. It was launched on Sep 26, 2013. CFRIX is managed by Catalyst Mutual Funds. It was launched on Dec 30, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLYX or CFRIX.
Performance
DFLYX vs. CFRIX - Performance Comparison
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Key characteristics
DFLYX:
4.46
CFRIX:
2.50
DFLYX:
6.38
CFRIX:
4.62
DFLYX:
2.75
CFRIX:
2.05
DFLYX:
3.83
CFRIX:
2.91
DFLYX:
23.13
CFRIX:
15.02
DFLYX:
0.34%
CFRIX:
0.49%
DFLYX:
1.78%
CFRIX:
3.03%
DFLYX:
-18.83%
CFRIX:
-19.19%
DFLYX:
0.00%
CFRIX:
0.00%
Returns By Period
In the year-to-date period, DFLYX achieves a 2.27% return, which is significantly higher than CFRIX's 1.63% return. Over the past 10 years, DFLYX has underperformed CFRIX with an annualized return of 4.48%, while CFRIX has yielded a comparatively higher 4.74% annualized return.
DFLYX
2.27%
1.65%
2.77%
7.77%
8.97%
7.36%
4.48%
CFRIX
1.63%
1.10%
2.25%
6.65%
8.32%
6.62%
4.74%
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DFLYX vs. CFRIX - Expense Ratio Comparison
DFLYX has a 0.73% expense ratio, which is lower than CFRIX's 0.90% expense ratio.
Risk-Adjusted Performance
DFLYX vs. CFRIX — Risk-Adjusted Performance Rank
DFLYX
CFRIX
DFLYX vs. CFRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Floating Rate Income Fund (DFLYX) and Catalyst/CIFC Floating Rate Income Fund (CFRIX). 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.
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Dividends
DFLYX vs. CFRIX - Dividend Comparison
DFLYX's dividend yield for the trailing twelve months is around 8.20%, more than CFRIX's 7.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLYX BNY Mellon Floating Rate Income Fund | 8.20% | 8.78% | 8.78% | 5.48% | 4.22% | 4.66% | 5.54% | 5.19% | 3.77% | 4.14% | 4.65% | 3.89% |
CFRIX Catalyst/CIFC Floating Rate Income Fund | 7.41% | 8.70% | 8.62% | 5.46% | 3.52% | 3.99% | 5.51% | 4.28% | 4.51% | 5.70% | 6.29% | 4.90% |
Drawdowns
DFLYX vs. CFRIX - Drawdown Comparison
The maximum DFLYX drawdown since its inception was -18.83%, roughly equal to the maximum CFRIX drawdown of -19.19%. Use the drawdown chart below to compare losses from any high point for DFLYX and CFRIX.
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Volatility
DFLYX vs. CFRIX - Volatility Comparison
BNY Mellon Floating Rate Income Fund (DFLYX) and Catalyst/CIFC Floating Rate Income Fund (CFRIX) have volatilities of 0.54% and 0.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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