EDGH vs. BKLN

Last updated Jun 4, 2026

EDGH (3EDGE Dynamic Hard Assets ETF) and BKLN (Invesco Senior Loan ETF) are both exchange-traded funds - EDGH is a Commodities fund actively managed by 3EDGE Asset Management, while BKLN is a High Yield Bonds fund tracking the S&P/LSTA U.S. Leveraged Loan 100 Index. EDGH is actively managed, while BKLN is passively managed. Over the past year, EDGH returned 31.24% vs 4.85% for BKLN. At a correlation of -0.02, they often move in opposite directions. EDGH charges 1.01%/yr vs 0.65%/yr for BKLN.

Performance

EDGH vs. BKLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic Hard Assets ETF (EDGH) and Invesco Senior Loan ETF (BKLN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDGH achieves a 12.49% return, which is significantly higher than BKLN's 0.21% return.

EDGH

• 1D: -0.45%
• 1M: -1.84%
• YTD: 12.49%
• 6M: 14.30%
• 1Y: 31.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BKLN

• 1D: 0.00%
• 1M: 0.05%
• YTD: 0.21%
• 6M: 1.13%
• 1Y: 4.85%
• 3Y*: 7.65%
• 5Y*: 5.15%
• 10Y*: 4.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDGH vs. BKLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDGH 3EDGE Dynamic Hard Assets ETF	12.49%	28.98%	-1.99%
BKLN Invesco Senior Loan ETF	0.21%	6.88%	2.43%

Correlation

The correlation between EDGH and BKLN is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Oct 4, 2024	-0.02

EDGH vs. BKLN - Sectors Allocation Comparison

Sectors	EDGH	BKLN
Financial Services	92.7%	1.9%
Basic Materials	7.3%	-
Communication Services	-	0.8%
Consumer Cyclical	-	2.3%
Consumer Defensive	-	0.7%
Energy	-	-
Healthcare	-	0.8%
Industrials	-	0.9%
Real Estate	-	0.8%
Technology	-	5.7%
Utilities	-	-

Return for Risk

EDGH vs. BKLN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDGH

EDGH Risk / Return Rank: 54
EDGH Sharpe Ratio Rank: 52
EDGH Sortino Ratio Rank: 43
EDGH Omega Ratio Rank: 60
EDGH Calmar Ratio Rank: 60
EDGH Martin Ratio Rank: 57

BKLN

BKLN Risk / Return Rank: 48
BKLN Sharpe Ratio Rank: 50
BKLN Sortino Ratio Rank: 53
BKLN Omega Ratio Rank: 67
BKLN Calmar Ratio Rank: 31
BKLN Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGH vs. BKLN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic Hard Assets ETF (EDGH) and Invesco Senior Loan ETF (BKLN). 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.

	EDGH	BKLN	Difference
Sharpe ratio Return per unit of total volatility	1.77	1.77	0.00
Sortino ratio Return per unit of downside risk	2.15	2.61	-0.46
Omega ratio Gain probability vs. loss probability	1.36	1.41	-0.05
Calmar ratio Return relative to maximum drawdown	2.96	1.59	+1.38
Martin ratio Return relative to average drawdown	9.70	6.24	+3.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDGH vs. BKLN - Sharpe Ratio Comparison

The current EDGH Sharpe Ratio is 1.77, which is comparable to the BKLN Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of EDGH and BKLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EDGH	BKLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.77	1.77	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.16	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	0.64	+0.88

Drawdowns

EDGH vs. BKLN - Drawdown Comparison

The maximum EDGH drawdown since its inception was -10.60%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for EDGH and BKLN.

Drawdown Indicators

	EDGH	BKLN	Difference
Max Drawdown Largest peak-to-trough decline	-10.60%	-24.17%	+13.57%
Max Drawdown (1Y) Largest decline over 1 year	-10.60%	-3.07%	-7.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.31%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.17%	—
Current Drawdown Current decline from peak	-4.80%	-0.24%	-4.56%
Average Drawdown Average peak-to-trough decline	-2.04%	-1.09%	-0.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.23%	0.78%	+2.45%

Volatility

EDGH vs. BKLN - Volatility Comparison

3EDGE Dynamic Hard Assets ETF (EDGH) has a higher volatility of 3.01% compared to Invesco Senior Loan ETF (BKLN) at 0.44%. This indicates that EDGH's price experiences larger fluctuations and is considered to be riskier than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EDGH	BKLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.01%	0.44%	+2.57%
Volatility (6M) Calculated over the trailing 6-month period	14.72%	2.52%	+12.20%
Volatility (1Y) Calculated over the trailing 1-year period	17.72%	2.75%	+14.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	4.47%	+11.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.60%	6.43%	+9.17%

EDGH vs. BKLN - Expense Ratio Comparison

EDGH has a 1.01% expense ratio, which is higher than BKLN's 0.65% expense ratio.

Dividends

EDGH vs. BKLN - Dividend Comparison

EDGH's dividend yield for the trailing twelve months is around 1.05%, less than BKLN's 6.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKLN Invesco Senior Loan ETF	6.61%	6.95%	8.41%	8.59%	4.93%	3.11%	3.56%	4.86%	4.52%	3.50%	4.54%	4.12%
EDGH 3EDGE Dynamic Hard Assets ETF	1.05%	1.18%	3.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDGH and BKLN in my portfolio?

EDGH and BKLN have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDGH or BKLN?

EDGH has higher volatility (3.01%) compared to BKLN (0.44%). In terms of maximum drawdown, EDGH dropped -10.60% vs BKLN's -24.17%.

Which ETF is better, EDGH or BKLN?

On 1-year performance, EDGH leads with 31.24% vs 4.85% for BKLN. On fees, BKLN is cheaper at 0.65% per year. On volatility, BKLN has been the lower-risk option at 0.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EDGH or BKLN?

Over the 1-year period, EDGH has performed better with a 31.24% return vs 4.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EDGH or BKLN?

BKLN is cheaper with a 0.65% expense ratio, compared with 1.01% for EDGH.

Which ETF pays a higher dividend yield, EDGH or BKLN?

BKLN has the higher dividend yield at 6.61%, compared with 1.05% for EDGH.

What is the main difference between EDGH and BKLN?

EDGH is categorized as Commodities, while BKLN is High Yield Bonds. They also come from different issuers: 3EDGE Asset Management and Invesco. Their fees differ too: 1.01% for EDGH and 0.65% for BKLN.

Which has better risk-adjusted returns?

EDGH currently has the higher Sharpe Ratio (1.77 vs 1.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.