FTSL vs. AAA
Compare and contrast key facts about First Trust Senior Loan Fund (FTSL) and AAF First Priority CLO Bond ETF (AAA).
FTSL and AAA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013. 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: FTSL or AAA.
Correlation
The correlation between FTSL 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
FTSL vs. AAA - Performance Comparison
Key characteristics
FTSL:
2.16
AAA:
1.68
FTSL:
2.75
AAA:
2.33
FTSL:
1.66
AAA:
1.44
FTSL:
2.38
AAA:
2.25
FTSL:
17.06
AAA:
17.56
FTSL:
0.37%
AAA:
0.31%
FTSL:
2.94%
AAA:
3.23%
FTSL:
-22.67%
AAA:
-2.63%
FTSL:
-0.02%
AAA:
-0.15%
Returns By Period
In the year-to-date period, FTSL achieves a 0.74% return, which is significantly lower than AAA's 0.86% return.
FTSL
0.74%
0.09%
2.53%
6.35%
6.47%
4.04%
AAA
0.86%
0.48%
2.00%
5.34%
N/A
N/A
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FTSL vs. AAA - Expense Ratio Comparison
FTSL has a 0.86% expense ratio, which is higher than AAA's 0.25% expense ratio.
Risk-Adjusted Performance
FTSL vs. AAA — Risk-Adjusted Performance Rank
FTSL
AAA
FTSL vs. AAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Senior Loan Fund (FTSL) 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
FTSL vs. AAA - Dividend Comparison
FTSL's dividend yield for the trailing twelve months is around 7.34%, more than AAA's 5.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTSL First Trust Senior Loan Fund | 7.34% | 7.56% | 7.59% | 4.77% | 3.17% | 3.48% | 4.44% | 4.29% | 3.64% | 3.70% | 3.95% | 3.75% |
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% | 0.00% |
Drawdowns
FTSL vs. AAA - Drawdown Comparison
The maximum FTSL drawdown since its inception was -22.67%, which is greater than AAA's maximum drawdown of -2.63%. Use the drawdown chart below to compare losses from any high point for FTSL and AAA. For additional features, visit the drawdowns tool.
Volatility
FTSL vs. AAA - Volatility Comparison
The current volatility for First Trust Senior Loan Fund (FTSL) is 2.41%, while AAF First Priority CLO Bond ETF (AAA) has a volatility of 2.70%. This indicates that FTSL experiences smaller price fluctuations and is considered to be less risky than AAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.