PSFIX vs. DFRPX

Last updated Jun 5, 2026

PSFIX (Virtus Newfleet Senior Floating Rate Fund) and DFRPX (DWS Floating Rate Fund Class S) are both Bank Loan funds. A 0.55 correlation means they provide meaningful diversification when combined. PSFIX charges 0.69%/yr vs 0.87%/yr for DFRPX.

Performance

PSFIX vs. DFRPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet Senior Floating Rate Fund (PSFIX) and DWS Floating Rate Fund Class S (DFRPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PSFIX

• 1D: 0.00%
• 1M: 0.20%
• YTD: 1.56%
• 6M: 1.93%
• 1Y: 4.95%
• 3Y*: 7.37%
• 5Y*: 5.26%
• 10Y*: 4.46%

DFRPX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PSFIX vs. DFRPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSFIX Virtus Newfleet Senior Floating Rate Fund	1.56%	5.11%	7.59%	10.67%	-0.21%	4.51%	0.94%	8.29%	-0.95%	3.11%
DFRPX DWS Floating Rate Fund Class S	0.38%	3.45%	7.72%	11.42%	-1.52%	3.75%	0.89%	8.69%	-0.58%	1.57%

Correlation

The correlation between PSFIX and DFRPX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.17
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.52
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.55

Over the past year, the correlation between PSFIX and DFRPX has dropped to 0.17 - well below their long-term average of 0.55, suggesting their price drivers have been diverging.

Return for Risk

PSFIX vs. DFRPX — Risk / Return Rank

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

PSFIX

PSFIX Risk / Return Rank: 87
PSFIX Sharpe Ratio Rank: 57
PSFIX Sortino Ratio Rank: 95
PSFIX Omega Ratio Rank: 95
PSFIX Calmar Ratio Rank: 95
PSFIX Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PSFIX vs. DFRPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Senior Floating Rate Fund (PSFIX) and DWS Floating Rate Fund Class S (DFRPX). 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.

	PSFIX	DFRPX	Difference
Sharpe ratio: Return per unit of total volatility	2.19	—	—
Sortino ratio: Return per unit of downside risk	5.12	—	—
Omega ratio: Gain probability vs. loss probability	1.81	—	—
Calmar ratio: Return relative to maximum drawdown	5.62	—	—
Martin ratio: Return relative to average drawdown	18.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PSFIX	DFRPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.19	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.88	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.08	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	—	—

Drawdowns

Drawdown Indicators

	PSFIX	DFRPX	Difference
Max Drawdown Largest peak-to-trough decline	-22.76%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.88%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-2.62%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-5.78%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.76%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.86%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.27%	—	—

Volatility

Volatility by Period

	PSFIX	DFRPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.64%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.27%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.82%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	—	—

PSFIX vs. DFRPX - Expense Ratio Comparison

PSFIX has a 0.69% expense ratio, which is lower than DFRPX's 0.87% expense ratio.

Dividends

PSFIX vs. DFRPX - Dividend Comparison

PSFIX's dividend yield for the trailing twelve months is around 6.63%, more than DFRPX's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFRPX DWS Floating Rate Fund Class S	5.11%	5.99%	8.67%	8.22%	4.25%	3.31%	3.75%	4.80%	4.21%	4.39%	4.76%	4.63%
PSFIX Virtus Newfleet Senior Floating Rate Fund	6.63%	7.22%	7.77%	7.48%	4.85%	2.84%	3.98%	5.29%	5.07%	4.03%	3.95%	4.40%

Frequently Asked Questions

Can I hold both PSFIX and DFRPX in my portfolio?

PSFIX and DFRPX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.