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OOSAX vs. LLDYX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


OOSAXLLDYX
YTD Return6.89%5.37%
1Y Return9.13%7.49%
3Y Return (Ann)5.96%1.69%
5Y Return (Ann)4.55%2.08%
10Y Return (Ann)3.59%2.38%
Sharpe Ratio2.972.65
Sortino Ratio7.674.85
Omega Ratio2.271.93
Calmar Ratio15.143.78
Martin Ratio43.5725.27
Ulcer Index0.21%0.29%
Daily Std Dev3.07%2.71%
Max Drawdown-32.11%-10.54%
Current Drawdown-0.15%-0.34%

Correlation

-0.50.00.51.00.2

The correlation between OOSAX and LLDYX is 0.20, 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

OOSAX vs. LLDYX - Performance Comparison

In the year-to-date period, OOSAX achieves a 6.89% return, which is significantly higher than LLDYX's 5.37% return. Over the past 10 years, OOSAX has outperformed LLDYX with an annualized return of 3.59%, while LLDYX has yielded a comparatively lower 2.38% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
3.75%
3.45%
OOSAX
LLDYX

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OOSAX vs. LLDYX - Expense Ratio Comparison

OOSAX has a 1.04% expense ratio, which is higher than LLDYX's 0.38% expense ratio.


OOSAX
Invesco Senior Floating Rate Fund
Expense ratio chart for OOSAX: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%
Expense ratio chart for LLDYX: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

OOSAX vs. LLDYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Floating Rate Fund (OOSAX) and Lord Abbett Short Duration Income Fund (LLDYX). 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
Sharpe ratio
The chart of Sharpe ratio for OOSAX, currently valued at 2.97, compared to the broader market0.002.004.002.97
Sortino ratio
The chart of Sortino ratio for OOSAX, currently valued at 7.67, compared to the broader market0.005.0010.007.67
Omega ratio
The chart of Omega ratio for OOSAX, currently valued at 2.27, compared to the broader market1.002.003.004.002.27
Calmar ratio
The chart of Calmar ratio for OOSAX, currently valued at 15.14, compared to the broader market0.005.0010.0015.0020.0025.0015.14
Martin ratio
The chart of Martin ratio for OOSAX, currently valued at 43.57, compared to the broader market0.0020.0040.0060.0080.00100.0043.57
LLDYX
Sharpe ratio
The chart of Sharpe ratio for LLDYX, currently valued at 2.65, compared to the broader market0.002.004.002.65
Sortino ratio
The chart of Sortino ratio for LLDYX, currently valued at 4.85, compared to the broader market0.005.0010.004.85
Omega ratio
The chart of Omega ratio for LLDYX, currently valued at 1.93, compared to the broader market1.002.003.004.001.93
Calmar ratio
The chart of Calmar ratio for LLDYX, currently valued at 3.78, compared to the broader market0.005.0010.0015.0020.0025.003.78
Martin ratio
The chart of Martin ratio for LLDYX, currently valued at 25.27, compared to the broader market0.0020.0040.0060.0080.00100.0025.27

OOSAX vs. LLDYX - Sharpe Ratio Comparison

The current OOSAX Sharpe Ratio is 2.97, which is comparable to the LLDYX Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of OOSAX and LLDYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.97
2.65
OOSAX
LLDYX

Dividends

OOSAX vs. LLDYX - Dividend Comparison

OOSAX's dividend yield for the trailing twelve months is around 9.22%, more than LLDYX's 5.10% yield.


TTM20232022202120202019201820172016201520142013
OOSAX
Invesco Senior Floating Rate Fund
9.22%8.58%8.11%4.36%4.83%5.23%4.64%4.10%4.77%4.64%4.55%4.66%
LLDYX
Lord Abbett Short Duration Income Fund
5.10%4.71%3.42%2.52%3.04%3.80%4.15%3.88%4.14%4.15%4.02%3.89%

Drawdowns

OOSAX vs. LLDYX - Drawdown Comparison

The maximum OOSAX drawdown since its inception was -32.11%, which is greater than LLDYX's maximum drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for OOSAX and LLDYX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.15%
-0.34%
OOSAX
LLDYX

Volatility

OOSAX vs. LLDYX - Volatility Comparison

The current volatility for Invesco Senior Floating Rate Fund (OOSAX) is 0.69%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.74%. This indicates that OOSAX experiences smaller price fluctuations and is considered to be less risky than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.69%
0.74%
OOSAX
LLDYX