FLOTX vs. PYFRX
Compare and contrast key facts about Donoghue Forlines Risk Managed Income Fund (FLOTX) and Payden Floating Rate Fund (PYFRX).
FLOTX is managed by Donoghue Forlines LLC. It was launched on Dec 26, 2017. PYFRX is managed by Paydenfunds. It was launched on Nov 10, 2013.
Performance
FLOTX vs. PYFRX - Performance Comparison
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FLOTX vs. PYFRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FLOTX Donoghue Forlines Risk Managed Income Fund | -1.65% | 2.47% | 6.76% | 8.28% | -3.59% | 2.45% | 3.95% | 3.51% | 1.96% |
PYFRX Payden Floating Rate Fund | -0.31% | 6.61% | 8.90% | 12.86% | 0.27% | 3.93% | 1.72% | 8.49% | -0.51% |
Returns By Period
In the year-to-date period, FLOTX achieves a -1.65% return, which is significantly lower than PYFRX's -0.31% return.
FLOTX
- 1D
- 0.08%
- 1M
- -0.79%
- YTD
- -1.65%
- 6M
- -0.38%
- 1Y
- 0.89%
- 3Y*
- 4.95%
- 5Y*
- 2.62%
- 10Y*
- —
PYFRX
- 1D
- 0.04%
- 1M
- 0.14%
- YTD
- -0.31%
- 6M
- 1.29%
- 1Y
- 5.59%
- 3Y*
- 8.14%
- 5Y*
- 6.11%
- 10Y*
- 5.01%
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FLOTX vs. PYFRX - Expense Ratio Comparison
FLOTX has a 1.07% expense ratio, which is higher than PYFRX's 0.70% expense ratio.
Return for Risk
FLOTX vs. PYFRX — Risk / Return Rank
FLOTX
PYFRX
FLOTX vs. PYFRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Donoghue Forlines Risk Managed Income Fund (FLOTX) and Payden Floating Rate Fund (PYFRX). 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.
| FLOTX | PYFRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.35 | 2.70 | -2.35 |
Sortino ratioReturn per unit of downside risk | 0.43 | 3.51 | -3.07 |
Omega ratioGain probability vs. loss probability | 1.09 | 1.88 | -0.79 |
Calmar ratioReturn relative to maximum drawdown | 0.28 | 2.26 | -1.98 |
Martin ratioReturn relative to average drawdown | 0.64 | 10.65 | -10.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FLOTX | PYFRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.35 | 2.70 | -2.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 3.17 | -2.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 1.36 | -0.16 |
Correlation
The correlation between FLOTX and PYFRX is 0.36, 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.
Dividends
FLOTX vs. PYFRX - Dividend Comparison
FLOTX's dividend yield for the trailing twelve months is around 6.88%, less than PYFRX's 7.23% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLOTX Donoghue Forlines Risk Managed Income Fund | 6.88% | 5.79% | 7.15% | 7.16% | 1.56% | 2.13% | 2.42% | 3.78% | 3.20% | 0.00% | 0.00% | 0.00% |
PYFRX Payden Floating Rate Fund | 7.23% | 7.55% | 8.88% | 8.35% | 5.08% | 2.94% | 3.19% | 4.45% | 4.22% | 3.30% | 3.53% | 3.17% |
Drawdowns
FLOTX vs. PYFRX - Drawdown Comparison
The maximum FLOTX drawdown since its inception was -4.40%, smaller than the maximum PYFRX drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for FLOTX and PYFRX.
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Drawdown Indicators
| FLOTX | PYFRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.40% | -20.18% | +15.78% |
Max Drawdown (1Y)Largest decline over 1 year | -2.36% | -2.18% | -0.18% |
Max Drawdown (5Y)Largest decline over 5 years | -4.40% | -4.80% | +0.40% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.18% | — |
Current DrawdownCurrent decline from peak | -2.07% | -0.62% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -1.02% | -0.60% | -0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 0.51% | +0.55% |
Volatility
FLOTX vs. PYFRX - Volatility Comparison
The current volatility for Donoghue Forlines Risk Managed Income Fund (FLOTX) is 0.63%, while Payden Floating Rate Fund (PYFRX) has a volatility of 0.67%. This indicates that FLOTX experiences smaller price fluctuations and is considered to be less risky than PYFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLOTX | PYFRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 0.67% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.33% | 0.96% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.25% | 2.04% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 1.94% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.47% | 3.62% | -1.15% |