DFLYX vs. JBBB
Compare and contrast key facts about BNY Mellon Floating Rate Income Fund (DFLYX) and Janus Henderson B-BBB CLO ETF (JBBB).
DFLYX is managed by Dreyfus. It was launched on Sep 26, 2013. JBBB is an actively managed fund by Janus Henderson. It was launched on Jan 11, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFLYX or JBBB.
Correlation
The correlation between DFLYX and JBBB is 0.20, 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
DFLYX vs. JBBB - Performance Comparison
Key characteristics
DFLYX:
9.07
JBBB:
4.56
DFLYX:
15.91
JBBB:
6.83
DFLYX:
6.59
JBBB:
2.49
DFLYX:
17.61
JBBB:
6.65
DFLYX:
174.67
JBBB:
37.01
DFLYX:
0.05%
JBBB:
0.27%
DFLYX:
1.05%
JBBB:
2.19%
DFLYX:
-18.82%
JBBB:
-10.79%
DFLYX:
0.00%
JBBB:
-0.48%
Returns By Period
The year-to-date returns for both stocks are quite close, with DFLYX having a 0.81% return and JBBB slightly lower at 0.79%.
DFLYX
0.81%
0.36%
4.32%
9.44%
5.86%
4.53%
JBBB
0.79%
0.65%
4.94%
9.93%
N/A
N/A
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DFLYX vs. JBBB - Expense Ratio Comparison
DFLYX has a 0.73% expense ratio, which is higher than JBBB's 0.49% expense ratio.
Risk-Adjusted Performance
DFLYX vs. JBBB — Risk-Adjusted Performance Rank
DFLYX
JBBB
DFLYX vs. JBBB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Floating Rate Income Fund (DFLYX) and Janus Henderson B-BBB CLO ETF (JBBB). 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. JBBB - Dividend Comparison
DFLYX's dividend yield for the trailing twelve months is around 8.64%, more than JBBB's 7.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFLYX BNY Mellon Floating Rate Income Fund | 8.64% | 8.78% | 8.78% | 5.48% | 4.22% | 4.66% | 5.54% | 5.19% | 3.77% | 4.14% | 4.65% | 3.76% |
JBBB Janus Henderson B-BBB CLO ETF | 7.58% | 7.65% | 8.10% | 5.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DFLYX vs. JBBB - Drawdown Comparison
The maximum DFLYX drawdown since its inception was -18.82%, which is greater than JBBB's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for DFLYX and JBBB. For additional features, visit the drawdowns tool.
Volatility
DFLYX vs. JBBB - Volatility Comparison
The current volatility for BNY Mellon Floating Rate Income Fund (DFLYX) is 0.28%, while Janus Henderson B-BBB CLO ETF (JBBB) has a volatility of 0.58%. This indicates that DFLYX experiences smaller price fluctuations and is considered to be less risky than JBBB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.