OOSAX vs. MFTFX
OOSAX (Invesco Senior Floating Rate Fund) and MFTFX (Arrow Managed Futures Stragegy Fund) are both mutual funds - OOSAX is a Bank Loan fund managed by Invesco, while MFTFX is a Systematic Trend fund managed by Arrow Funds. Over the past 10 years, OOSAX returned 3.51%/yr vs 4.93%/yr for MFTFX. Their -0.00 correlation means they have often moved in opposite directions in the past. OOSAX charges 1.04%/yr vs 1.54%/yr for MFTFX.
Performance
OOSAX vs. MFTFX - Performance Comparison
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Returns By Period
In the year-to-date period, OOSAX achieves a -0.53% return, which is significantly lower than MFTFX's 8.99% return. Over the past 10 years, OOSAX has underperformed MFTFX with an annualized return of 3.51%, while MFTFX has yielded a comparatively higher 4.93% annualized return.
OOSAX
- 1D
- 0.00%
- 1M
- -0.16%
- 6M
- 0.26%
- YTD
- -0.53%
- 1Y
- 0.01%
- 3Y*
- 5.00%
- 5Y*
- 4.73%
- 10Y*
- 3.51%
- ALL TIME*
- 4.40%
MFTFX
- 1D
- 0.76%
- 1M
- 0.45%
- 6M
- 1.21%
- YTD
- 8.99%
- 1Y
- 39.25%
- 3Y*
- 1.69%
- 5Y*
- 11.10%
- 10Y*
- 4.93%
- ALL TIME*
- 2.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
OOSAX vs. MFTFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OOSAX Invesco Senior Floating Rate Fund | -0.53% | 3.78% | 7.76% | 10.67% | -0.94% | 8.66% | -4.46% | 2.36% | -0.86% | 3.79% |
MFTFX Arrow Managed Futures Stragegy Fund | 8.99% | 9.29% | 6.87% | -13.57% | 57.88% | 2.13% | -4.13% | 15.17% | -19.70% | 19.09% |
Correlation
The correlation between OOSAX and MFTFX is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.01 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2010 | -0.00 |
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Return for Risk
OOSAX vs. MFTFX — Risk / Return Rank
OOSAX
MFTFX
OOSAX vs. MFTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Floating Rate Fund (OOSAX) and Arrow Managed Futures Stragegy Fund (MFTFX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OOSAX | MFTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.84 | ||
| Sortino ratioReturn per unit of downside risk | -2.46 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.31 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 3.50 | -3.55 |
| Martin ratioReturn relative to average drawdown | -0.10 | 8.76 | -8.87 |
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Drawdowns
OOSAX vs. MFTFX - Drawdown Comparison
The maximum OOSAX drawdown since its inception was -32.12%, smaller than the maximum MFTFX drawdown of -35.70%. Use the drawdown chart below to compare losses from any high point for OOSAX and MFTFX.
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Drawdown Indicators
| OOSAX | MFTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.12% | -35.70% | +3.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.23% | -9.83% | +6.60% |
Max Drawdown (3Y)Largest decline over 3 years | -3.23% | -32.57% | +29.34% |
Max Drawdown (5Y)Largest decline over 5 years | -6.52% | -32.57% | +26.05% |
Max Drawdown (10Y)Largest decline over 10 years | -23.53% | -35.70% | +12.17% |
Current DrawdownCurrent decline from peak | -1.27% | -7.23% | +5.96% |
Average DrawdownAverage peak-to-trough decline | -2.14% | -16.87% | +14.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 3.93% | -2.44% |
Volatility
OOSAX vs. MFTFX - Volatility Comparison
The current volatility for Invesco Senior Floating Rate Fund (OOSAX) is 0.28%, while Arrow Managed Futures Stragegy Fund (MFTFX) has a volatility of 5.71%. This indicates that OOSAX experiences smaller price fluctuations and is considered to be less risky than MFTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OOSAX | MFTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 5.71% | -5.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 12.32% | -10.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 19.54% | -16.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.63% | 21.85% | -18.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.14% | 22.08% | -17.94% |
OOSAX vs. MFTFX - Expense Ratio Comparison
OOSAX has a 1.04% expense ratio, which is lower than MFTFX's 1.54% expense ratio.
Dividends
OOSAX vs. MFTFX - Dividend Comparison
OOSAX's dividend yield for the trailing twelve months is around 4.48%, while MFTFX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFTFX Arrow Managed Futures Stragegy Fund | 0.00% | 0.00% | 0.00% | 11.75% | 41.04% | 2.30% | 0.00% | 20.00% | 7.84% | 2.12% | 9.36% | 1.21% |
OOSAX Invesco Senior Floating Rate Fund | 4.48% | 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 MFTFX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MFTFX has higher volatility (5.71%) compared to OOSAX (0.28%). In terms of maximum drawdown, OOSAX dropped -32.12% vs MFTFX's -35.70%.
MFTFX currently has the higher Sharpe Ratio (1.79 vs -0.06), 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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