OCSL vs. RPIFX
Compare and contrast key facts about Oaktree Specialty Lending Corporation (OCSL) and T. Rowe Price Institutional Floating Rate Fund (RPIFX).
RPIFX is managed by T. Rowe Price. It was launched on Jan 30, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OCSL or RPIFX.
Correlation
The correlation between OCSL and RPIFX is 0.23, 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
OCSL vs. RPIFX - Performance Comparison
Key characteristics
OCSL:
-0.97
RPIFX:
2.22
OCSL:
-1.21
RPIFX:
4.20
OCSL:
0.83
RPIFX:
1.95
OCSL:
-0.72
RPIFX:
2.76
OCSL:
-1.75
RPIFX:
13.22
OCSL:
12.26%
RPIFX:
0.48%
OCSL:
22.24%
RPIFX:
2.84%
OCSL:
-59.52%
RPIFX:
-22.53%
OCSL:
-27.61%
RPIFX:
-0.58%
Returns By Period
In the year-to-date period, OCSL achieves a -10.01% return, which is significantly lower than RPIFX's 0.31% return. Over the past 10 years, OCSL has outperformed RPIFX with an annualized return of 5.62%, while RPIFX has yielded a comparatively lower 4.73% annualized return.
OCSL
-10.01%
0.68%
-10.79%
-20.98%
12.21%
5.62%
RPIFX
0.31%
1.74%
1.83%
6.18%
7.22%
4.73%
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Risk-Adjusted Performance
OCSL vs. RPIFX — Risk-Adjusted Performance Rank
OCSL
RPIFX
OCSL vs. RPIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Oaktree Specialty Lending Corporation (OCSL) and T. Rowe Price Institutional Floating Rate Fund (RPIFX). 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
OCSL vs. RPIFX - Dividend Comparison
OCSL's dividend yield for the trailing twelve months is around 15.89%, more than RPIFX's 7.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OCSL Oaktree Specialty Lending Corporation | 15.89% | 14.40% | 11.12% | 11.86% | 7.37% | 7.27% | 6.96% | 8.75% | 8.38% | 13.41% | 10.85% | 12.88% |
RPIFX T. Rowe Price Institutional Floating Rate Fund | 7.44% | 8.44% | 8.66% | 5.51% | 3.95% | 4.30% | 5.12% | 5.17% | 4.32% | 4.32% | 4.46% | 4.37% |
Drawdowns
OCSL vs. RPIFX - Drawdown Comparison
The maximum OCSL drawdown since its inception was -59.52%, which is greater than RPIFX's maximum drawdown of -22.53%. Use the drawdown chart below to compare losses from any high point for OCSL and RPIFX. For additional features, visit the drawdowns tool.
Volatility
OCSL vs. RPIFX - Volatility Comparison
Oaktree Specialty Lending Corporation (OCSL) has a higher volatility of 13.43% compared to T. Rowe Price Institutional Floating Rate Fund (RPIFX) at 0.86%. This indicates that OCSL's price experiences larger fluctuations and is considered to be riskier than RPIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.