FLBL vs. SEIX
Compare and contrast key facts about Franklin Liberty Senior Loan ETF (FLBL) and Virtus Seix Senior Loan ETF (SEIX).
FLBL and SEIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLBL is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLBL or SEIX.
Performance
FLBL vs. SEIX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FLBL having a 7.52% return and SEIX slightly lower at 7.44%.
FLBL
7.52%
0.85%
3.59%
9.75%
5.31%
N/A
SEIX
7.44%
0.73%
3.97%
9.42%
5.67%
N/A
Key characteristics
| FLBL | SEIX | |
|---|---|---|
| Sharpe Ratio | 5.21 | 3.82 |
| Sortino Ratio | 8.14 | 5.51 |
| Omega Ratio | 2.36 | 2.17 |
| Calmar Ratio | 11.31 | 7.60 |
| Martin Ratio | 69.45 | 26.10 |
| Ulcer Index | 0.14% | 0.36% |
| Daily Std Dev | 1.87% | 2.47% |
| Max Drawdown | -19.52% | -17.50% |
| Current Drawdown | 0.00% | 0.00% |
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FLBL vs. SEIX - Expense Ratio Comparison
FLBL has a 0.45% expense ratio, which is lower than SEIX's 0.57% expense ratio.
Correlation
The correlation between FLBL and SEIX is 0.27, 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.
Risk-Adjusted Performance
FLBL vs. SEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Liberty Senior Loan ETF (FLBL) and Virtus Seix Senior Loan ETF (SEIX). 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
FLBL vs. SEIX - Dividend Comparison
FLBL's dividend yield for the trailing twelve months is around 8.12%, less than SEIX's 8.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FLBL Franklin Liberty Senior Loan ETF | 8.12% | 8.37% | 5.53% | 3.57% | 3.22% | 3.97% | 2.20% |
SEIX Virtus Seix Senior Loan ETF | 8.33% | 8.75% | 5.75% | 4.16% | 3.76% | 3.82% | 0.00% |
Drawdowns
FLBL vs. SEIX - Drawdown Comparison
The maximum FLBL drawdown since its inception was -19.52%, which is greater than SEIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for FLBL and SEIX. For additional features, visit the drawdowns tool.
Volatility
FLBL vs. SEIX - Volatility Comparison
Franklin Liberty Senior Loan ETF (FLBL) has a higher volatility of 0.38% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.29%. This indicates that FLBL's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.