GJO vs. FTSL

Last updated Jun 4, 2026

GJO (Strats Trust Wal Mart Stores Inc. STRT CTF 05-4) is a stock, while FTSL (First Trust Senior Loan Fund) is High Yield Bonds fund actively managed by First Trust. Over the past 10 years, GJO returned 5.45%/yr vs 4.45%/yr for FTSL. At a correlation of -0.00, they often move in opposite directions.

Performance

GJO vs. FTSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO) and First Trust Senior Loan Fund (FTSL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GJO achieves a 0.47% return, which is significantly lower than FTSL's 0.62% return. Over the past 10 years, GJO has outperformed FTSL with an annualized return of 5.45%, while FTSL has yielded a comparatively lower 4.45% annualized return.

GJO

• 1D: -1.16%
• 1M: -0.52%
• YTD: 0.47%
• 6M: 1.65%
• 1Y: 2.72%
• 3Y*: 5.74%
• 5Y*: 4.86%
• 10Y*: 5.45%

FTSL

• 1D: -0.02%
• 1M: 0.20%
• YTD: 0.62%
• 6M: 0.99%
• 1Y: 4.53%
• 3Y*: 7.34%
• 5Y*: 5.02%
• 10Y*: 4.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GJO vs. FTSL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GJO Strats Trust Wal Mart Stores Inc. STRT CTF 05-4	0.47%	5.57%	5.19%	9.80%	1.34%	1.76%	2.31%	10.59%	4.45%	13.43%
FTSL First Trust Senior Loan Fund	0.62%	5.98%	8.27%	11.58%	-2.50%	3.94%	2.99%	10.11%	-1.30%	2.59%

Correlation

The correlation between GJO and FTSL is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	-0.03
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 3, 2013	-0.00

Return for Risk

GJO vs. FTSL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GJO

GJO Risk / Return Rank: 54
GJO Sharpe Ratio Rank: 53
GJO Sortino Ratio Rank: 42
GJO Omega Ratio Rank: 50
GJO Calmar Ratio Rank: 59
GJO Martin Ratio Rank: 65

FTSL

FTSL Risk / Return Rank: 60
FTSL Sharpe Ratio Rank: 63
FTSL Sortino Ratio Rank: 73
FTSL Omega Ratio Rank: 83
FTSL Calmar Ratio Rank: 39
FTSL Martin Ratio Rank: 44

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GJO vs. FTSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO) and First Trust Senior Loan Fund (FTSL). 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.

	GJO	FTSL	Difference
Sharpe ratio: Return per unit of total volatility	0.34	2.15	-1.81
Sortino ratio: Return per unit of downside risk	0.51	3.35	-2.84
Omega ratio: Gain probability vs. loss probability	1.11	1.51	-0.39
Calmar ratio: Return relative to maximum drawdown	0.89	1.95	-1.06
Martin ratio: Return relative to average drawdown	2.73	7.25	-4.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GJO vs. FTSL - Sharpe Ratio Comparison

The current GJO Sharpe Ratio is 0.34, which is lower than the FTSL Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of GJO and FTSL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GJO	FTSL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.34	2.15	-1.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	1.50	-0.97
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.86	-0.36
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.85	-0.44

Drawdowns

GJO vs. FTSL - Drawdown Comparison

The maximum GJO drawdown since its inception was -25.56%, which is greater than FTSL's maximum drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for GJO and FTSL.

Drawdown Indicators

	GJO	FTSL	Difference
Max Drawdown Largest peak-to-trough decline	-25.56%	-22.67%	-2.89%
Max Drawdown (1Y) Largest decline over 1 year	-3.07%	-2.33%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	-3.19%	-2.66%	-0.53%
Max Drawdown (5Y) Largest decline over 5 years	-4.42%	-6.96%	+2.54%
Max Drawdown (10Y) Largest decline over 10 years	-13.93%	-22.67%	+8.74%
Current Drawdown Current decline from peak	-1.16%	-0.03%	-1.13%
Average Drawdown Average peak-to-trough decline	-3.64%	-0.76%	-2.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.01%	0.63%	+0.38%

Volatility

GJO vs. FTSL - Volatility Comparison

Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO) has a higher volatility of 4.13% compared to First Trust Senior Loan Fund (FTSL) at 0.36%. This indicates that GJO's price experiences larger fluctuations and is considered to be riskier than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GJO	FTSL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.13%	0.36%	+3.77%
Volatility (6M) Calculated over the trailing 6-month period	6.10%	1.95%	+4.15%
Volatility (1Y) Calculated over the trailing 1-year period	8.02%	2.11%	+5.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.07%	3.35%	+5.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.96%	5.19%	+5.77%

Dividends

GJO vs. FTSL - Dividend Comparison

GJO's dividend yield for the trailing twelve months is around 4.38%, less than FTSL's 6.46% 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	4.38%	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

Can I hold both GJO and FTSL in my portfolio?

GJO and FTSL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, GJO or FTSL?

GJO has higher volatility (4.13%) compared to FTSL (0.36%). In terms of maximum drawdown, GJO dropped -25.56% vs FTSL's -22.67%.

Which has better risk-adjusted returns?

FTSL currently has the higher Sharpe Ratio (2.15 vs 0.34), 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.