FTSL vs. SLYV
Compare and contrast key facts about First Trust Senior Loan Fund (FTSL) and SPDR S&P 600 Small Cap Value ETF (SLYV).
FTSL and SLYV 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. SLYV is a passively managed fund by State Street that tracks the performance of the S&P SmallCap 600 Value Index. It was launched on Sep 29, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTSL or SLYV.
Performance
FTSL vs. SLYV - Performance Comparison
Returns By Period
In the year-to-date period, FTSL achieves a 7.45% return, which is significantly lower than SLYV's 10.10% return. Over the past 10 years, FTSL has underperformed SLYV with an annualized return of 4.11%, while SLYV has yielded a comparatively higher 8.66% annualized return.
FTSL
7.45%
1.13%
4.16%
9.28%
4.93%
4.11%
SLYV
10.10%
2.40%
11.75%
25.17%
9.54%
8.66%
Key characteristics
| FTSL | SLYV | |
|---|---|---|
| Sharpe Ratio | 4.78 | 1.26 |
| Sortino Ratio | 7.29 | 1.91 |
| Omega Ratio | 2.28 | 1.23 |
| Calmar Ratio | 8.54 | 1.68 |
| Martin Ratio | 58.58 | 5.70 |
| Ulcer Index | 0.16% | 4.67% |
| Daily Std Dev | 1.94% | 21.17% |
| Max Drawdown | -22.67% | -61.32% |
| Current Drawdown | 0.00% | -4.44% |
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FTSL vs. SLYV - Expense Ratio Comparison
FTSL has a 0.86% expense ratio, which is higher than SLYV's 0.15% expense ratio.
Correlation
The correlation between FTSL and SLYV is 0.32, 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.
Risk-Adjusted Performance
FTSL vs. SLYV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Senior Loan Fund (FTSL) and SPDR S&P 600 Small Cap Value ETF (SLYV). 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. SLYV - Dividend Comparison
FTSL's dividend yield for the trailing twelve months is around 7.62%, more than SLYV's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTSL First Trust Senior Loan Fund | 7.62% | 7.59% | 4.77% | 3.18% | 3.48% | 4.45% | 4.29% | 3.64% | 3.70% | 3.95% | 3.75% | 2.64% |
SLYV SPDR S&P 600 Small Cap Value ETF | 2.16% | 2.11% | 1.47% | 1.94% | 1.40% | 1.66% | 2.14% | 5.53% | 2.18% | 6.55% | 7.50% | 1.58% |
Drawdowns
FTSL vs. SLYV - Drawdown Comparison
The maximum FTSL drawdown since its inception was -22.67%, smaller than the maximum SLYV drawdown of -61.32%. Use the drawdown chart below to compare losses from any high point for FTSL and SLYV. For additional features, visit the drawdowns tool.
Volatility
FTSL vs. SLYV - Volatility Comparison
The current volatility for First Trust Senior Loan Fund (FTSL) is 0.49%, while SPDR S&P 600 Small Cap Value ETF (SLYV) has a volatility of 7.94%. This indicates that FTSL experiences smaller price fluctuations and is considered to be less risky than SLYV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.