FTSL vs. GJO
FTSL (First Trust Senior Loan Fund) is High Yield Bonds fund actively managed by First Trust, while GJO (Strats Trust Wal Mart Stores Inc. STRT CTF 05-4) is a stock. Over the past 10 years, FTSL returned 4.45%/yr vs 5.60%/yr for GJO. At a correlation of -0.00, they often move in opposite directions.
Performance
FTSL vs. GJO - Performance Comparison
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Returns By Period
In the year-to-date period, FTSL achieves a 0.65% return, which is significantly lower than GJO's 1.66% return. Over the past 10 years, FTSL has underperformed GJO with an annualized return of 4.45%, while GJO has yielded a comparatively higher 5.60% annualized return.
FTSL
- 1D
- -0.01%
- 1M
- 0.20%
- YTD
- 0.65%
- 6M
- 0.65%
- 1Y
- 4.20%
- 3Y*
- 7.14%
- 5Y*
- 4.99%
- 10Y*
- 4.45%
GJO
- 1D
- 0.00%
- 1M
- 3.40%
- YTD
- 1.66%
- 6M
- 1.68%
- 1Y
- 5.63%
- 3Y*
- 5.89%
- 5Y*
- 5.07%
- 10Y*
- 5.60%
FTSL vs. GJO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTSL First Trust Senior Loan Fund | 0.65% | 5.98% | 8.27% | 11.58% | -2.50% | 3.94% | 2.99% | 10.11% | -1.30% | 2.59% |
GJO Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 | 1.66% | 5.57% | 5.19% | 9.80% | 1.34% | 1.76% | 2.31% | 10.59% | 4.45% | 13.43% |
Correlation
The correlation between FTSL and GJO is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.01 |
Correlation (All Time) Calculated using the full available price history since May 2, 2013 | -0.00 |
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Return for Risk
FTSL vs. GJO — Risk / Return Rank
FTSL
GJO
FTSL vs. GJO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Senior Loan Fund (FTSL) and Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO). 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.
| FTSL | GJO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.27 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.23 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 1.84 | -0.03 |
| Martin ratioReturn relative to average drawdown | 6.72 | 5.64 | +1.08 |
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Drawdowns
FTSL vs. GJO - Drawdown Comparison
The maximum FTSL drawdown since its inception was -22.67%, smaller than the maximum GJO drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for FTSL and GJO.
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Drawdown Indicators
| FTSL | GJO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.67% | -25.56% | +2.89% |
Max Drawdown (1Y)Largest decline over 1 year | -2.33% | -3.07% | +0.74% |
Max Drawdown (3Y)Largest decline over 3 years | -2.66% | -3.19% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -6.96% | -3.69% | -3.27% |
Max Drawdown (10Y)Largest decline over 10 years | -22.67% | -13.93% | -8.74% |
Current DrawdownCurrent decline from peak | -0.03% | 0.00% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -3.63% | +2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 1.00% | -0.37% |
Volatility
FTSL vs. GJO - Volatility Comparison
The current volatility for First Trust Senior Loan Fund (FTSL) is 0.33%, while Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO) has a volatility of 3.18%. This indicates that FTSL experiences smaller price fluctuations and is considered to be less risky than GJO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTSL | GJO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.33% | 3.18% | -2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 1.96% | 6.13% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.12% | 7.96% | -5.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.35% | 8.92% | -5.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.19% | 10.93% | -5.74% |
Dividends
FTSL vs. GJO - Dividend Comparison
FTSL's dividend yield for the trailing twelve months is around 6.46%, more than GJO's 4.29% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTSL First Trust Senior Loan Fund | 6.46% | 6.59% | 7.56% | 7.59% | 4.77% | 3.17% | 3.48% | 4.44% | 4.29% | 3.64% | 3.70% | 3.95% |
GJO Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 | 4.29% | 4.97% | 5.94% | 3.92% | 1.97% | 0.69% | 1.35% | 5.87% | 2.99% | 1.92% | 1.50% | 0.98% |
Frequently Asked Questions
FTSL and GJO have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GJO has higher volatility (3.18%) compared to FTSL (0.33%). In terms of maximum drawdown, FTSL dropped -22.67% vs GJO's -25.56%.
FTSL currently has the higher Sharpe Ratio (1.99 vs 0.72), 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.
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