OOSAX vs. AGG
OOSAX (Invesco Senior Floating Rate Fund) and AGG (iShares Core U.S. Aggregate Bond ETF) are both funds - OOSAX is a Bank Loan fund managed by Invesco, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Over the past 10 years, OOSAX returned 3.63%/yr vs 1.57%/yr for AGG. At a correlation of -0.01, they often move in opposite directions. OOSAX charges 1.04%/yr vs 0.03%/yr for AGG.
Performance
OOSAX vs. AGG - Performance Comparison
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Returns By Period
In the year-to-date period, OOSAX achieves a -0.83% return, which is significantly lower than AGG's 0.25% return. Over the past 10 years, OOSAX has outperformed AGG with an annualized return of 3.63%, while AGG has yielded a comparatively lower 1.57% annualized return.
OOSAX
- 1D
- 0.00%
- 1M
- 0.14%
- YTD
- -0.83%
- 6M
- -0.50%
- 1Y
- 1.47%
- 3Y*
- 5.82%
- 5Y*
- 4.91%
- 10Y*
- 3.63%
AGG
- 1D
- -0.21%
- 1M
- 0.24%
- YTD
- 0.25%
- 6M
- 0.09%
- 1Y
- 5.14%
- 3Y*
- 3.95%
- 5Y*
- 0.10%
- 10Y*
- 1.57%
OOSAX vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OOSAX Invesco Senior Floating Rate Fund | -0.83% | 3.78% | 7.76% | 10.67% | -0.94% | 8.66% | -4.46% | 2.36% | -0.86% | 3.79% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.25% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between OOSAX and AGG is 0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Sep 29, 2003 | -0.01 |
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Return for Risk
OOSAX vs. AGG — Risk / Return Rank
OOSAX
AGG
OOSAX vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Floating Rate Fund (OOSAX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.
| OOSAX | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.24 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.51 | 1.87 | -1.36 |
| Martin ratioReturn relative to average drawdown | 1.13 | 5.73 | -4.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OOSAX | AGG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 1.34 | -0.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | 0.02 | +1.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.29 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.59 | +0.70 |
Drawdowns
OOSAX vs. AGG - Drawdown Comparison
The maximum OOSAX drawdown since its inception was -32.12%, which is greater than AGG's maximum drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for OOSAX and AGG.
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Drawdown Indicators
| OOSAX | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.12% | -18.43% | -13.69% |
Max Drawdown (1Y)Largest decline over 1 year | -3.23% | -2.76% | -0.47% |
Max Drawdown (3Y)Largest decline over 3 years | -3.23% | -6.11% | +2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -6.52% | -17.82% | +11.30% |
Max Drawdown (10Y)Largest decline over 10 years | -23.53% | -18.43% | -5.10% |
Current DrawdownCurrent decline from peak | -1.57% | -2.14% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -2.15% | -2.71% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 0.90% | +0.47% |
Volatility
OOSAX vs. AGG - Volatility Comparison
The current volatility for Invesco Senior Floating Rate Fund (OOSAX) is 0.86%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.30%. This indicates that OOSAX experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OOSAX | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 1.30% | -0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 2.07% | 2.74% | -0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.99% | 3.85% | -0.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.61% | 6.09% | -2.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.13% | 5.40% | -1.27% |
OOSAX vs. AGG - Expense Ratio Comparison
OOSAX has a 1.04% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
OOSAX vs. AGG - Dividend Comparison
OOSAX's dividend yield for the trailing twelve months is around 5.18%, more than AGG's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.99% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
OOSAX Invesco Senior Floating Rate Fund | 5.18% | 6.68% | 8.38% | 7.76% | 7.42% | 4.37% | 4.84% | 5.24% | 4.65% | 4.08% | 4.78% | 4.65% |
Frequently Asked Questions
OOSAX and AGG have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGG has higher volatility (1.30%) compared to OOSAX (0.86%). In terms of maximum drawdown, OOSAX dropped -32.12% vs AGG's -18.43%.
AGG currently has the higher Sharpe Ratio (1.34 vs 0.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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