LONZ vs. FTSL
Compare and contrast key facts about PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and First Trust Senior Loan Fund (FTSL).
LONZ and FTSL 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. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LONZ or FTSL.
Correlation
The correlation between LONZ and FTSL is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LONZ vs. FTSL - Performance Comparison
Key characteristics
LONZ:
4.68
FTSL:
4.44
LONZ:
7.21
FTSL:
6.74
LONZ:
2.19
FTSL:
2.21
LONZ:
6.56
FTSL:
7.96
LONZ:
48.24
FTSL:
54.04
LONZ:
0.19%
FTSL:
0.16%
LONZ:
1.97%
FTSL:
1.95%
LONZ:
-4.05%
FTSL:
-22.67%
LONZ:
-0.18%
FTSL:
0.00%
Returns By Period
In the year-to-date period, LONZ achieves a 0.08% return, which is significantly lower than FTSL's 0.65% return.
LONZ
0.08%
0.08%
4.69%
9.37%
N/A
N/A
FTSL
0.65%
0.65%
4.66%
8.67%
4.81%
4.25%
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LONZ vs. FTSL - Expense Ratio Comparison
LONZ has a 0.62% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Risk-Adjusted Performance
LONZ vs. FTSL — Risk-Adjusted Performance Rank
LONZ
FTSL
LONZ vs. FTSL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) 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.
Dividends
LONZ vs. FTSL - Dividend Comparison
LONZ's dividend yield for the trailing twelve months is around 7.37%, less than FTSL's 7.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
FTSL First Trust Senior Loan Fund | 7.47% | 7.56% | 7.59% | 4.77% | 3.18% | 3.48% | 4.45% | 4.29% | 3.64% | 3.70% | 3.95% | 3.75% |
Drawdowns
LONZ vs. FTSL - Drawdown Comparison
The maximum LONZ drawdown since its inception was -4.05%, smaller than the maximum FTSL drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for LONZ and FTSL. For additional features, visit the drawdowns tool.
Volatility
LONZ vs. FTSL - Volatility Comparison
PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) has a higher volatility of 0.42% compared to First Trust Senior Loan Fund (FTSL) at 0.32%. This indicates that LONZ'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.