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NHFIX vs. BKLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NHFIX and BKLN is 0.40, 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

NHFIX vs. BKLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northern High Yield Fixed Income Fund (NHFIX) and Invesco Senior Loan ETF (BKLN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NHFIX:

1.88

BKLN:

1.69

Sortino Ratio

NHFIX:

2.78

BKLN:

2.69

Omega Ratio

NHFIX:

1.43

BKLN:

1.53

Calmar Ratio

NHFIX:

1.86

BKLN:

1.94

Martin Ratio

NHFIX:

8.08

BKLN:

13.07

Ulcer Index

NHFIX:

1.01%

BKLN:

0.53%

Daily Std Dev

NHFIX:

4.36%

BKLN:

4.04%

Max Drawdown

NHFIX:

-27.42%

BKLN:

-24.17%

Current Drawdown

NHFIX:

-0.49%

BKLN:

-0.26%

Returns By Period

In the year-to-date period, NHFIX achieves a 1.78% return, which is significantly higher than BKLN's 1.66% return. Over the past 10 years, NHFIX has outperformed BKLN with an annualized return of 4.67%, while BKLN has yielded a comparatively lower 3.71% annualized return.


NHFIX

YTD

1.78%

1M

3.01%

6M

2.17%

1Y

8.17%

3Y*

7.68%

5Y*

6.65%

10Y*

4.67%

BKLN

YTD

1.66%

1M

2.32%

6M

2.20%

1Y

6.79%

3Y*

8.19%

5Y*

5.71%

10Y*

3.71%

*Annualized

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Invesco Senior Loan ETF

NHFIX vs. BKLN - Expense Ratio Comparison

NHFIX has a 0.60% expense ratio, which is lower than BKLN's 0.65% expense ratio.


Risk-Adjusted Performance

NHFIX vs. BKLN — Risk-Adjusted Performance Rank

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

NHFIX
The Risk-Adjusted Performance Rank of NHFIX is 9292
Overall Rank
The Sharpe Ratio Rank of NHFIX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of NHFIX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of NHFIX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of NHFIX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of NHFIX is 9292
Martin Ratio Rank

BKLN
The Risk-Adjusted Performance Rank of BKLN is 9494
Overall Rank
The Sharpe Ratio Rank of BKLN is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BKLN is 9494
Sortino Ratio Rank
The Omega Ratio Rank of BKLN is 9797
Omega Ratio Rank
The Calmar Ratio Rank of BKLN is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BKLN is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NHFIX vs. BKLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northern High Yield Fixed Income Fund (NHFIX) and Invesco Senior Loan ETF (BKLN). 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.


The current NHFIX Sharpe Ratio is 1.88, which is comparable to the BKLN Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of NHFIX and BKLN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

NHFIX vs. BKLN - Dividend Comparison

NHFIX's dividend yield for the trailing twelve months is around 6.87%, less than BKLN's 8.08% yield.


TTM20242023202220212020201920182017201620152014
NHFIX
Northern High Yield Fixed Income Fund
6.87%6.66%6.56%6.91%5.35%5.44%6.17%6.62%6.69%6.04%6.40%6.55%
BKLN
Invesco Senior Loan ETF
8.08%8.41%8.59%4.93%3.11%3.56%4.84%4.52%3.50%4.54%4.12%4.12%

Drawdowns

NHFIX vs. BKLN - Drawdown Comparison

The maximum NHFIX drawdown since its inception was -27.42%, which is greater than BKLN's maximum drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for NHFIX and BKLN. For additional features, visit the drawdowns tool.


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Volatility

NHFIX vs. BKLN - Volatility Comparison

Northern High Yield Fixed Income Fund (NHFIX) has a higher volatility of 1.46% compared to Invesco Senior Loan ETF (BKLN) at 1.01%. This indicates that NHFIX's price experiences larger fluctuations and is considered to be riskier than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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