OCCI vs. SRLN
Compare and contrast key facts about OFS Credit Company, Inc. (OCCI) and SPDR Blackstone Senior Loan ETF (SRLN).
SRLN is a passively managed fund by State Street that tracks the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. It was launched on Apr 3, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OCCI or SRLN.
Correlation
The correlation between OCCI and SRLN is 0.60, 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
OCCI vs. SRLN - Performance Comparison
Key characteristics
OCCI:
0.72
SRLN:
1.60
OCCI:
1.20
SRLN:
2.32
OCCI:
1.17
SRLN:
1.49
OCCI:
0.60
SRLN:
1.43
OCCI:
3.53
SRLN:
8.73
OCCI:
4.68%
SRLN:
0.70%
OCCI:
23.09%
SRLN:
3.83%
OCCI:
-66.45%
SRLN:
-22.29%
OCCI:
-11.14%
SRLN:
-0.58%
Returns By Period
In the year-to-date period, OCCI achieves a 1.91% return, which is significantly higher than SRLN's 0.15% return.
OCCI
1.91%
17.55%
6.73%
14.86%
18.44%
N/A
SRLN
0.15%
2.75%
1.66%
5.60%
6.40%
3.73%
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Risk-Adjusted Performance
OCCI vs. SRLN — Risk-Adjusted Performance Rank
OCCI
SRLN
OCCI vs. SRLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for OFS Credit Company, Inc. (OCCI) and SPDR Blackstone Senior Loan ETF (SRLN). 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
OCCI vs. SRLN - Dividend Comparison
OCCI's dividend yield for the trailing twelve months is around 19.91%, more than SRLN's 8.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OCCI OFS Credit Company, Inc. | 19.91% | 18.14% | 30.19% | 27.09% | 16.28% | 18.04% | 13.21% | 2.93% | 0.00% | 0.00% | 0.00% | 0.00% |
SRLN SPDR Blackstone Senior Loan ETF | 8.37% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% |
Drawdowns
OCCI vs. SRLN - Drawdown Comparison
The maximum OCCI drawdown since its inception was -66.45%, which is greater than SRLN's maximum drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for OCCI and SRLN. For additional features, visit the drawdowns tool.
Volatility
OCCI vs. SRLN - Volatility Comparison
OFS Credit Company, Inc. (OCCI) has a higher volatility of 16.06% compared to SPDR Blackstone Senior Loan ETF (SRLN) at 3.38%. This indicates that OCCI's price experiences larger fluctuations and is considered to be riskier than SRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.