FLRT vs. AAA
Compare and contrast key facts about Pacific Global Senior Loan ETF (FLRT) and AAF First Priority CLO Bond ETF (AAA).
FLRT and AAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FLRT is an actively managed fund by Pacific Life. It was launched on Feb 19, 2015. AAA is an actively managed fund by Alternative Access Funds LLC. It was launched on Sep 9, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLRT or AAA.
Correlation
The correlation between FLRT and AAA is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FLRT vs. AAA - Performance Comparison
Key characteristics
FLRT:
1.84
AAA:
1.68
FLRT:
2.31
AAA:
2.33
FLRT:
1.63
AAA:
1.44
FLRT:
1.87
AAA:
2.25
FLRT:
10.34
AAA:
17.56
FLRT:
0.52%
AAA:
0.31%
FLRT:
2.91%
AAA:
3.23%
FLRT:
-20.96%
AAA:
-2.63%
FLRT:
-1.09%
AAA:
-0.15%
Returns By Period
In the year-to-date period, FLRT achieves a -0.08% return, which is significantly lower than AAA's 0.86% return.
FLRT
-0.08%
-0.68%
1.28%
5.58%
6.89%
5.15%
AAA
0.86%
0.36%
2.00%
5.34%
N/A
N/A
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FLRT vs. AAA - Expense Ratio Comparison
FLRT has a 0.69% expense ratio, which is higher than AAA's 0.25% expense ratio.
Risk-Adjusted Performance
FLRT vs. AAA — Risk-Adjusted Performance Rank
FLRT
AAA
FLRT vs. AAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Global Senior Loan ETF (FLRT) and AAF First Priority CLO Bond ETF (AAA). 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
FLRT vs. AAA - Dividend Comparison
FLRT's dividend yield for the trailing twelve months is around 7.60%, more than AAA's 5.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacific Global Senior Loan ETF | 7.60% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.95% | 3.20% | 3.38% | 3.21% |
AAA AAF First Priority CLO Bond ETF | 5.93% | 6.17% | 6.11% | 2.78% | 1.06% | 0.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLRT vs. AAA - Drawdown Comparison
The maximum FLRT drawdown since its inception was -20.96%, which is greater than AAA's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for FLRT and AAA. For additional features, visit the drawdowns tool.
Volatility
FLRT vs. AAA - Volatility Comparison
Pacific Global Senior Loan ETF (FLRT) and AAF First Priority CLO Bond ETF (AAA) have volatilities of 2.64% and 2.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.