FLRT vs. BSJP
Compare and contrast key facts about Pacific Global Senior Loan ETF (FLRT) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP).
FLRT and BSJP 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. BSJP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. It was launched on Sep 27, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLRT or BSJP.
Key characteristics
| FLRT | BSJP | |
|---|---|---|
| YTD Return | 8.06% | 7.54% |
| 1Y Return | 11.44% | 9.95% |
| 3Y Return (Ann) | 6.53% | 4.34% |
| 5Y Return (Ann) | 5.38% | 4.63% |
| Sharpe Ratio | 8.12 | 5.04 |
| Sortino Ratio | 14.15 | 9.93 |
| Omega Ratio | 4.03 | 2.30 |
| Calmar Ratio | 22.16 | 23.63 |
| Martin Ratio | 110.21 | 93.61 |
| Ulcer Index | 0.10% | 0.11% |
| Daily Std Dev | 1.42% | 2.03% |
| Max Drawdown | -20.96% | -23.58% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between FLRT and BSJP is 0.21, 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.
Performance
FLRT vs. BSJP - Performance Comparison
In the year-to-date period, FLRT achieves a 8.06% return, which is significantly higher than BSJP's 7.54% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLRT vs. BSJP - Expense Ratio Comparison
FLRT has a 0.69% expense ratio, which is higher than BSJP's 0.42% expense ratio.
Risk-Adjusted Performance
FLRT vs. BSJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Global Senior Loan ETF (FLRT) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). 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. BSJP - Dividend Comparison
FLRT's dividend yield for the trailing twelve months is around 8.26%, more than BSJP's 6.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacific Global Senior Loan ETF | 8.26% | 8.42% | 5.81% | 3.16% | 3.51% | 4.31% | 3.95% | 3.20% | 3.38% | 3.21% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 6.80% | 7.07% | 5.37% | 4.26% | 4.95% | 5.50% | 5.84% | 1.32% | 0.00% | 0.00% |
Drawdowns
FLRT vs. BSJP - Drawdown Comparison
The maximum FLRT drawdown since its inception was -20.96%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for FLRT and BSJP. For additional features, visit the drawdowns tool.
Volatility
FLRT vs. BSJP - Volatility Comparison
The current volatility for Pacific Global Senior Loan ETF (FLRT) is 0.21%, while Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) has a volatility of 0.53%. This indicates that FLRT experiences smaller price fluctuations and is considered to be less risky than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.