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FLBL vs. BKLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLBL and BKLN is 0.48, 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.


-0.50.00.51.00.5

Performance

FLBL vs. BKLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Liberty Senior Loan ETF (FLBL) and Invesco Senior Loan ETF (BKLN). The values are adjusted to include any dividend payments, if applicable.

24.00%26.00%28.00%30.00%32.00%34.00%36.00%JulyAugustSeptemberOctoberNovemberDecember
36.30%
31.48%
FLBL
BKLN

Key characteristics

Sharpe Ratio

FLBL:

4.56

BKLN:

3.55

Sortino Ratio

FLBL:

6.93

BKLN:

5.33

Omega Ratio

FLBL:

2.15

BKLN:

1.93

Calmar Ratio

FLBL:

9.72

BKLN:

4.87

Martin Ratio

FLBL:

59.15

BKLN:

40.48

Ulcer Index

FLBL:

0.14%

BKLN:

0.20%

Daily Std Dev

FLBL:

1.84%

BKLN:

2.29%

Max Drawdown

FLBL:

-19.52%

BKLN:

-24.17%

Current Drawdown

FLBL:

-0.16%

BKLN:

-0.19%

Returns By Period

The year-to-date returns for both stocks are quite close, with FLBL having a 8.02% return and BKLN slightly lower at 7.90%.


FLBL

YTD

8.02%

1M

0.46%

6M

3.91%

1Y

8.40%

5Y*

5.22%

10Y*

N/A

BKLN

YTD

7.90%

1M

0.19%

6M

4.33%

1Y

8.00%

5Y*

4.23%

10Y*

3.77%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FLBL vs. BKLN - Expense Ratio Comparison

FLBL has a 0.45% expense ratio, which is lower than BKLN's 0.65% expense ratio.


BKLN
Invesco Senior Loan ETF
Expense ratio chart for BKLN: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FLBL: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

FLBL vs. BKLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) 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.


Sharpe ratio
The chart of Sharpe ratio for FLBL, currently valued at 4.56, compared to the broader market0.002.004.004.563.55
The chart of Sortino ratio for FLBL, currently valued at 6.93, compared to the broader market-2.000.002.004.006.008.0010.006.935.33
The chart of Omega ratio for FLBL, currently valued at 2.15, compared to the broader market0.501.001.502.002.503.002.151.93
The chart of Calmar ratio for FLBL, currently valued at 9.72, compared to the broader market0.005.0010.0015.009.724.87
The chart of Martin ratio for FLBL, currently valued at 59.15, compared to the broader market0.0020.0040.0060.0080.00100.0059.1540.48
FLBL
BKLN

The current FLBL Sharpe Ratio is 4.56, which is comparable to the BKLN Sharpe Ratio of 3.55. The chart below compares the historical Sharpe Ratios of FLBL and BKLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio3.504.004.505.00JulyAugustSeptemberOctoberNovemberDecember
4.56
3.55
FLBL
BKLN

Dividends

FLBL vs. BKLN - Dividend Comparison

FLBL's dividend yield for the trailing twelve months is around 8.07%, less than BKLN's 8.43% yield.


TTM20232022202120202019201820172016201520142013
FLBL
Franklin Liberty Senior Loan ETF
8.07%8.37%5.53%3.57%3.22%3.97%2.20%0.00%0.00%0.00%0.00%0.00%
BKLN
Invesco Senior Loan ETF
8.43%8.59%4.93%3.11%3.56%4.86%4.51%3.51%4.55%4.11%4.12%4.39%

Drawdowns

FLBL vs. BKLN - Drawdown Comparison

The maximum FLBL drawdown since its inception was -19.52%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for FLBL and BKLN. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.16%
-0.19%
FLBL
BKLN

Volatility

FLBL vs. BKLN - Volatility Comparison

Franklin Liberty Senior Loan ETF (FLBL) has a higher volatility of 0.39% compared to Invesco Senior Loan ETF (BKLN) at 0.35%. This indicates that FLBL'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.


0.40%0.60%0.80%1.00%1.20%1.40%1.60%JulyAugustSeptemberOctoberNovemberDecember
0.39%
0.35%
FLBL
BKLN
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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