LONZ vs. FLRT
Compare and contrast key facts about PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and Pacific Global Senior Loan ETF (FLRT).
LONZ and FLRT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LONZ is an actively managed fund by PIMCO. It was launched on Jun 8, 2022. FLRT is an actively managed fund by Pacific Life. It was launched on Feb 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LONZ or FLRT.
Correlation
The correlation between LONZ and FLRT is 0.33, 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.
Performance
LONZ vs. FLRT - Performance Comparison
Key characteristics
LONZ:
4.68
FLRT:
6.41
LONZ:
7.21
FLRT:
10.46
LONZ:
2.19
FLRT:
3.09
LONZ:
6.56
FLRT:
17.01
LONZ:
48.24
FLRT:
83.26
LONZ:
0.19%
FLRT:
0.11%
LONZ:
1.97%
FLRT:
1.38%
LONZ:
-4.05%
FLRT:
-20.96%
LONZ:
-0.18%
FLRT:
0.00%
Returns By Period
In the year-to-date period, LONZ achieves a 0.08% return, which is significantly lower than FLRT's 0.69% return.
LONZ
0.08%
0.08%
4.69%
9.37%
N/A
N/A
FLRT
0.69%
0.69%
3.95%
8.79%
5.63%
N/A
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LONZ vs. FLRT - Expense Ratio Comparison
LONZ has a 0.62% expense ratio, which is lower than FLRT's 0.69% expense ratio.
Risk-Adjusted Performance
LONZ vs. FLRT — Risk-Adjusted Performance Rank
LONZ
FLRT
LONZ vs. FLRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and Pacific Global Senior Loan ETF (FLRT). 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
LONZ vs. FLRT - Dividend Comparison
LONZ's dividend yield for the trailing twelve months is around 7.37%, less than FLRT's 7.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LONZ PIMCO Senior Loan Active Exchange-Traded Fund | 7.37% | 8.16% | 8.29% | 3.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FLRT Pacific Global Senior Loan ETF | 7.80% | 7.93% | 8.42% | 5.81% | 3.16% | 3.51% | 4.31% | 3.97% | 3.20% | 3.38% | 3.21% |
Drawdowns
LONZ vs. FLRT - Drawdown Comparison
The maximum LONZ drawdown since its inception was -4.05%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for LONZ and FLRT. For additional features, visit the drawdowns tool.
Volatility
LONZ vs. FLRT - Volatility Comparison
PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and Pacific Global Senior Loan ETF (FLRT) have volatilities of 0.42% and 0.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.