FLRT vs. PFLRX
FLRT (Pacer Aristotle Pacific Floating Rate High Income ETF) and PFLRX (Putnam Floating Rate Income Fund) are both Bank Loan funds. Over the past 10 years, FLRT returned 4.77%/yr vs 3.62%/yr for PFLRX. Their 0.29 correlation means their historical movements had little consistent relationship. FLRT charges 0.60%/yr vs 1.03%/yr for PFLRX.
Performance
FLRT vs. PFLRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FLRT achieves a 2.44% return, which is significantly higher than PFLRX's 0.42% return. Over the past 10 years, FLRT has outperformed PFLRX with an annualized return of 4.77%, while PFLRX has yielded a comparatively lower 3.62% annualized return.
FLRT
- 1D
- 0.04%
- 1M
- 0.42%
- 6M
- 1.88%
- YTD
- 2.44%
- 1Y
- 5.13%
- 3Y*
- 7.90%
- 5Y*
- 6.08%
- 10Y*
- 4.77%
- ALL TIME*
- 4.48%
PFLRX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.35%
- YTD
- 0.42%
- 1Y
- 2.16%
- 3Y*
- 4.96%
- 5Y*
- 4.10%
- 10Y*
- 3.62%
- ALL TIME*
- 3.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.79M | $4.57M | $4.68M | |
| $0.00 | $0.00 | $0.00 |
FLRT vs. PFLRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 2.44% | 6.24% | 9.18% | 14.59% | -2.72% | 3.18% | 2.78% | 9.44% | -1.14% | 1.72% |
PFLRX Putnam Floating Rate Income Fund | 0.42% | 4.74% | 6.34% | 11.01% | -2.78% | 3.04% | 0.69% | 8.14% | -0.66% | 3.28% |
Correlation
The correlation between FLRT and PFLRX is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2015 | 0.29 |
The correlation between FLRT and PFLRX shifts across timeframes, from 0.22 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FLRT vs. PFLRX — Risk / Return Rank
FLRT
PFLRX
FLRT vs. PFLRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) and Putnam Floating Rate Income Fund (PFLRX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLRT | PFLRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.61 | ||
| Sortino ratioReturn per unit of downside risk | +3.63 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.22 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 2.90 | 0.96 | +1.93 |
| Martin ratioReturn relative to average drawdown | 10.63 | 2.57 | +8.07 |
Loading charts...
Drawdowns
FLRT vs. PFLRX - Drawdown Comparison
The maximum FLRT drawdown since its inception was -20.96%, smaller than the maximum PFLRX drawdown of -32.89%. Use the drawdown chart below to compare losses from any high point for FLRT and PFLRX.
Loading charts...
Drawdown Indicators
| FLRT | PFLRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.96% | -32.89% | +11.93% |
Max Drawdown (1Y)Largest decline over 1 year | -1.78% | -1.98% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -2.87% | -3.01% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -7.60% | -6.95% | -0.65% |
Max Drawdown (10Y)Largest decline over 10 years | -20.96% | -20.74% | -0.22% |
Current DrawdownCurrent decline from peak | 0.00% | -0.26% | +0.26% |
Average DrawdownAverage peak-to-trough decline | -1.39% | -1.73% | +0.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 0.74% | -0.26% |
Volatility
FLRT vs. PFLRX - Volatility Comparison
Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT) has a higher volatility of 0.29% compared to Putnam Floating Rate Income Fund (PFLRX) at 0.27%. This indicates that FLRT's price experiences larger fluctuations and is considered to be riskier than PFLRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FLRT | PFLRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.29% | 0.27% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.19% | 1.61% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.49% | 2.32% | -0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.30% | 2.84% | -0.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.09% | 4.01% | +2.08% |
FLRT vs. PFLRX - Expense Ratio Comparison
FLRT has a 0.60% expense ratio, which is lower than PFLRX's 1.03% expense ratio.
Dividends
FLRT vs. PFLRX - Dividend Comparison
FLRT's dividend yield for the trailing twelve months is around 6.71%, more than PFLRX's 5.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF | 6.71% | 6.93% | 7.93% | 8.40% | 5.81% | 3.16% | 3.52% | 4.30% | 3.95% | 3.20% | 3.38% | 3.21% |
PFLRX Putnam Floating Rate Income Fund | 5.69% | 6.69% | 6.25% | 7.27% | 3.48% | 2.63% | 3.10% | 4.56% | 4.54% | 3.69% | 3.71% | 4.45% |
Frequently Asked Questions
FLRT and PFLRX have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLRT has higher volatility (0.29%) compared to PFLRX (0.27%). In terms of maximum drawdown, FLRT dropped -20.96% vs PFLRX's -32.89%.
FLRT currently has the higher Sharpe Ratio (3.46 vs 0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FLRT and PFLRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer