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PHYL vs. BKLN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PHYL and BKLN is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

PHYL vs. BKLN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Active High Yield Bond ETF (PHYL) and Invesco Senior Loan ETF (BKLN). The values are adjusted to include any dividend payments, if applicable.

26.00%28.00%30.00%32.00%34.00%36.00%38.00%NovemberDecember2025FebruaryMarchApril
37.65%
29.55%
PHYL
BKLN

Key characteristics

Sharpe Ratio

PHYL:

2.07

BKLN:

1.60

Sortino Ratio

PHYL:

2.88

BKLN:

2.50

Omega Ratio

PHYL:

1.43

BKLN:

1.49

Calmar Ratio

PHYL:

2.15

BKLN:

1.80

Martin Ratio

PHYL:

11.10

BKLN:

12.13

Ulcer Index

PHYL:

0.88%

BKLN:

0.53%

Daily Std Dev

PHYL:

4.71%

BKLN:

4.00%

Max Drawdown

PHYL:

-22.06%

BKLN:

-24.17%

Current Drawdown

PHYL:

-0.80%

BKLN:

-0.20%

Returns By Period

In the year-to-date period, PHYL achieves a 1.71% return, which is significantly higher than BKLN's 0.43% return.


PHYL

YTD

1.71%

1M

0.12%

6M

2.42%

1Y

10.19%

5Y*

6.53%

10Y*

N/A

BKLN

YTD

0.43%

1M

0.23%

6M

1.88%

1Y

6.53%

5Y*

5.92%

10Y*

3.61%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PHYL vs. BKLN - Expense Ratio Comparison

PHYL has a 0.53% expense ratio, which is lower than BKLN's 0.65% expense ratio.


Expense ratio chart for BKLN: current value is 0.65%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BKLN: 0.65%
Expense ratio chart for PHYL: current value is 0.53%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
PHYL: 0.53%

Risk-Adjusted Performance

PHYL vs. BKLN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PHYL
The Risk-Adjusted Performance Rank of PHYL is 9494
Overall Rank
The Sharpe Ratio Rank of PHYL is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of PHYL is 9494
Sortino Ratio Rank
The Omega Ratio Rank of PHYL is 9595
Omega Ratio Rank
The Calmar Ratio Rank of PHYL is 9494
Calmar Ratio Rank
The Martin Ratio Rank of PHYL is 9494
Martin Ratio Rank

BKLN
The Risk-Adjusted Performance Rank of BKLN is 9393
Overall Rank
The Sharpe Ratio Rank of BKLN is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of BKLN is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BKLN is 9696
Omega Ratio Rank
The Calmar Ratio Rank of BKLN is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BKLN is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PHYL vs. BKLN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Active High Yield Bond ETF (PHYL) and Invesco Senior Loan ETF (BKLN). 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.


The chart of Sharpe ratio for PHYL, currently valued at 2.07, compared to the broader market-1.000.001.002.003.004.00
PHYL: 2.07
BKLN: 1.60
The chart of Sortino ratio for PHYL, currently valued at 2.88, compared to the broader market-2.000.002.004.006.008.00
PHYL: 2.88
BKLN: 2.50
The chart of Omega ratio for PHYL, currently valued at 1.43, compared to the broader market0.501.001.502.002.50
PHYL: 1.43
BKLN: 1.49
The chart of Calmar ratio for PHYL, currently valued at 2.15, compared to the broader market0.002.004.006.008.0010.0012.00
PHYL: 2.15
BKLN: 1.80
The chart of Martin ratio for PHYL, currently valued at 11.10, compared to the broader market0.0020.0040.0060.00
PHYL: 11.10
BKLN: 12.13

The current PHYL Sharpe Ratio is 2.07, which is comparable to the BKLN Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of PHYL and BKLN, 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 Ratio1.001.502.002.503.003.504.004.50NovemberDecember2025FebruaryMarchApril
2.07
1.60
PHYL
BKLN

Dividends

PHYL vs. BKLN - Dividend Comparison

PHYL's dividend yield for the trailing twelve months is around 8.04%, which matches BKLN's 8.08% yield.


TTM20242023202220212020201920182017201620152014
PHYL
PGIM Active High Yield Bond ETF
8.04%8.28%7.62%6.55%6.13%7.51%7.30%1.79%0.00%0.00%0.00%0.00%
BKLN
Invesco Senior Loan ETF
8.08%8.41%8.59%4.93%3.11%3.56%4.86%4.52%3.50%4.54%4.12%4.12%

Drawdowns

PHYL vs. BKLN - Drawdown Comparison

The maximum PHYL drawdown since its inception was -22.06%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for PHYL and BKLN. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-0.80%
-0.20%
PHYL
BKLN

Volatility

PHYL vs. BKLN - Volatility Comparison

PGIM Active High Yield Bond ETF (PHYL) and Invesco Senior Loan ETF (BKLN) have volatilities of 3.26% and 3.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.26%
3.41%
PHYL
BKLN