DFLYX vs. ENIAX
Compare and contrast key facts about BNY Mellon Floating Rate Income Fund (DFLYX) and SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX).
DFLYX is managed by Dreyfus. It was launched on Sep 26, 2013. ENIAX is managed by SEI. It was launched on Dec 13, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLYX or ENIAX.
Correlation
The correlation between DFLYX and ENIAX is 0.43, 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.
Performance
DFLYX vs. ENIAX - Performance Comparison
Key characteristics
DFLYX:
5.98
ENIAX:
8.74
DFLYX:
7.58
ENIAX:
27.10
DFLYX:
4.09
ENIAX:
11.47
DFLYX:
8.09
ENIAX:
66.80
DFLYX:
58.73
ENIAX:
386.27
DFLYX:
0.15%
ENIAX:
0.02%
DFLYX:
1.45%
ENIAX:
0.97%
DFLYX:
-18.82%
ENIAX:
-30.62%
DFLYX:
-0.98%
ENIAX:
0.00%
Returns By Period
The year-to-date returns for both stocks are quite close, with DFLYX having a 8.18% return and ENIAX slightly lower at 8.16%. Over the past 10 years, DFLYX has outperformed ENIAX with an annualized return of 4.42%, while ENIAX has yielded a comparatively lower 3.97% annualized return.
DFLYX
8.18%
-0.63%
3.50%
8.67%
5.50%
4.42%
ENIAX
8.16%
0.50%
3.91%
8.47%
4.59%
3.97%
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DFLYX vs. ENIAX - Expense Ratio Comparison
DFLYX has a 0.73% expense ratio, which is higher than ENIAX's 0.23% expense ratio.
Risk-Adjusted Performance
DFLYX vs. ENIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Floating Rate Income Fund (DFLYX) and SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX). 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
DFLYX vs. ENIAX - Dividend Comparison
DFLYX's dividend yield for the trailing twelve months is around 7.50%, more than ENIAX's 7.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLYX BNY Mellon Floating Rate Income Fund | 7.50% | 8.78% | 5.48% | 4.22% | 4.66% | 5.54% | 5.19% | 3.77% | 4.14% | 4.65% | 3.76% | 0.60% |
ENIAX SEI Institutional Investments Trust Opportunistic Income Fund | 7.19% | 7.08% | 4.07% | 2.67% | 4.06% | 4.32% | 3.97% | 3.01% | 2.76% | 2.55% | 2.56% | 1.69% |
Drawdowns
DFLYX vs. ENIAX - Drawdown Comparison
The maximum DFLYX drawdown since its inception was -18.82%, smaller than the maximum ENIAX drawdown of -30.62%. Use the drawdown chart below to compare losses from any high point for DFLYX and ENIAX. For additional features, visit the drawdowns tool.
Volatility
DFLYX vs. ENIAX - Volatility Comparison
BNY Mellon Floating Rate Income Fund (DFLYX) has a higher volatility of 1.01% compared to SEI Institutional Investments Trust Opportunistic Income Fund (ENIAX) at 0.23%. This indicates that DFLYX's price experiences larger fluctuations and is considered to be riskier than ENIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.