OOSAX vs. XPTFX
OOSAX (Invesco Senior Floating Rate Fund) and XPTFX (Federated Hermes Project and Trade Finance Tender Fund) are both Bank Loan funds. Over the past 5 years, OOSAX returned 4.73%/yr vs 6.57%/yr for XPTFX. Their 0.07 correlation means their historical movements had little consistent relationship. OOSAX charges 1.04%/yr vs 0.41%/yr for XPTFX.
Performance
OOSAX vs. XPTFX - 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 XPTFX's 3.95% 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%
XPTFX
- 1D
- 0.00%
- 1M
- 0.50%
- 6M
- 3.33%
- YTD
- 3.95%
- 1Y
- 7.07%
- 3Y*
- 7.88%
- 5Y*
- 6.57%
- 10Y*
- —
- ALL TIME*
- 4.76%
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. XPTFX - 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% | 3.30% |
XPTFX Federated Hermes Project and Trade Finance Tender Fund | 3.95% | 7.47% | 8.62% | 8.55% | 3.74% | 1.91% | 2.18% | 4.70% | 4.47% | -0.10% |
Correlation
The correlation between OOSAX and XPTFX is -0.05, 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. | -0.05 |
Correlation (3Y) Balances recent behavior with more history. | -0.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.07 |
The correlation between OOSAX and XPTFX shifts across timeframes, from -0.05 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
OOSAX vs. XPTFX — Risk / Return Rank
OOSAX
XPTFX
OOSAX vs. XPTFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Senior Floating Rate Fund (OOSAX) and Federated Hermes Project and Trade Finance Tender Fund (XPTFX). 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 | XPTFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.51 | ||
| Sortino ratioReturn per unit of downside risk | -3.64 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 4.11 | -3.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 3.68 | -3.73 |
| Martin ratioReturn relative to average drawdown | -0.10 | 11.56 | -11.66 |
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Drawdowns
OOSAX vs. XPTFX - Drawdown Comparison
The maximum OOSAX drawdown since its inception was -32.12%, which is greater than XPTFX's maximum drawdown of -2.95%. Use the drawdown chart below to compare losses from any high point for OOSAX and XPTFX.
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Drawdown Indicators
| OOSAX | XPTFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.12% | -2.95% | -29.17% |
Max Drawdown (1Y)Largest decline over 1 year | -3.23% | -1.96% | -1.27% |
Max Drawdown (3Y)Largest decline over 3 years | -3.23% | -2.95% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -6.52% | -2.95% | -3.57% |
Max Drawdown (10Y)Largest decline over 10 years | -23.53% | — | — |
Current DrawdownCurrent decline from peak | -1.27% | 0.00% | -1.27% |
Average DrawdownAverage peak-to-trough decline | -2.14% | -0.26% | -1.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.49% | 0.62% | +0.87% |
Volatility
OOSAX vs. XPTFX - Volatility Comparison
Invesco Senior Floating Rate Fund (OOSAX) has a higher volatility of 0.28% compared to Federated Hermes Project and Trade Finance Tender Fund (XPTFX) at 0.21%. This indicates that OOSAX's price experiences larger fluctuations and is considered to be riskier than XPTFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OOSAX | XPTFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.28% | 0.21% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 0.60% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.07% | 2.93% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.63% | 2.53% | +1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.14% | 2.00% | +2.14% |
OOSAX vs. XPTFX - Expense Ratio Comparison
OOSAX has a 1.04% expense ratio, which is higher than XPTFX's 0.41% expense ratio.
Dividends
OOSAX vs. XPTFX - Dividend Comparison
OOSAX's dividend yield for the trailing twelve months is around 4.48%, less than XPTFX's 6.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
XPTFX Federated Hermes Project and Trade Finance Tender Fund | 6.03% | 7.24% | 6.78% | 6.66% | 5.70% | 2.21% | 2.74% | 4.62% | 4.60% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OOSAX and XPTFX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OOSAX has higher volatility (0.28%) compared to XPTFX (0.21%). In terms of maximum drawdown, OOSAX dropped -32.12% vs XPTFX's -2.95%.
XPTFX currently has the higher Sharpe Ratio (2.46 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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