SEIX vs. BKLN
SEIX (Virtus Seix Senior Loan ETF) and BKLN (Invesco Senior Loan ETF) are both Bank Loan funds - SEIX tracks the Credit Suisse Leveraged Loan Index while BKLN tracks the Morningstar LSTA US Leveraged Loan 100 Index. Both are passively managed. Over the past 5 years, SEIX returned 5.75%/yr vs 5.17%/yr for BKLN. At a 0.29 correlation, their price movements are largely independent. SEIX charges 0.57%/yr vs 0.65%/yr for BKLN.
Performance
SEIX vs. BKLN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SEIX achieves a 2.33% return, which is significantly higher than BKLN's -0.03% return.
SEIX
- 1D
- 0.00%
- 1M
- 0.28%
- YTD
- 2.33%
- 6M
- 2.49%
- 1Y
- 6.06%
- 3Y*
- 7.76%
- 5Y*
- 5.75%
- 10Y*
- —
BKLN
- 1D
- 0.01%
- 1M
- -0.04%
- YTD
- -0.03%
- 6M
- 0.26%
- 1Y
- 4.45%
- 3Y*
- 7.23%
- 5Y*
- 5.17%
- 10Y*
- 4.33%
SEIX vs. BKLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
SEIX Virtus Seix Senior Loan ETF | 2.33% | 5.10% | 8.42% | 12.51% | -1.77% | 5.49% | 3.17% | 3.44% |
BKLN Invesco Senior Loan ETF | -0.03% | 6.88% | 8.21% | 12.53% | -2.51% | 2.32% | 1.32% | 3.03% |
Correlation
The correlation between SEIX and BKLN is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Apr 25, 2019 | 0.29 |
The correlation between SEIX and BKLN shifts across timeframes, from 0.29 (all time) to 0.48 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SEIX vs. BKLN — Risk / Return Rank
SEIX
BKLN
SEIX vs. BKLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Senior Loan ETF (SEIX) 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.
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.
| SEIX | BKLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.19 | ||
| Sortino ratioReturn per unit of downside risk | +3.81 | ||
| Omega ratioGain probability vs. loss probability | 1.87 | 1.37 | +0.50 |
| Calmar ratioReturn relative to maximum drawdown | 5.39 | 1.45 | +3.93 |
| Martin ratioReturn relative to average drawdown | 21.55 | 5.68 | +15.87 |
Loading charts...
Drawdowns
SEIX vs. BKLN - Drawdown Comparison
The maximum SEIX drawdown since its inception was -17.51%, smaller than the maximum BKLN drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for SEIX and BKLN.
Loading charts...
Drawdown Indicators
| SEIX | BKLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.51% | -24.17% | +6.66% |
Max Drawdown (1Y)Largest decline over 1 year | -1.13% | -3.07% | +1.94% |
Max Drawdown (3Y)Largest decline over 3 years | -3.01% | -3.55% | +0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -6.69% | -7.31% | +0.62% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.17% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.47% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -1.09% | +0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.28% | 0.78% | -0.50% |
Volatility
SEIX vs. BKLN - Volatility Comparison
The current volatility for Virtus Seix Senior Loan ETF (SEIX) is 0.33%, while Invesco Senior Loan ETF (BKLN) has a volatility of 0.53%. This indicates that SEIX experiences smaller price fluctuations and is considered to be less risky than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SEIX | BKLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.33% | 0.53% | -0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 1.29% | 2.54% | -1.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.60% | 2.77% | -1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.92% | 4.48% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.32% | 6.43% | -2.11% |
SEIX vs. BKLN - Expense Ratio Comparison
SEIX has a 0.57% expense ratio, which is lower than BKLN's 0.65% expense ratio.
Dividends
SEIX vs. BKLN - Dividend Comparison
SEIX's dividend yield for the trailing twelve months is around 7.25%, more than BKLN's 7.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BKLN Invesco Senior Loan ETF | 6.59% | 6.95% | 8.41% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.52% | 3.50% | 4.54% | 4.12% |
SEIX Virtus Seix Senior Loan ETF | 7.25% | 7.52% | 8.09% | 8.74% | 5.76% | 4.16% | 3.75% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SEIX and BKLN have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BKLN has higher volatility (0.53%) compared to SEIX (0.33%). In terms of maximum drawdown, SEIX dropped -17.51% vs BKLN's -24.17%.
On 5-year performance, SEIX leads with 5.75% vs 5.17% for BKLN. On fees, SEIX is cheaper at 0.57% per year. On volatility, SEIX has been the lower-risk option at 0.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SEIX has performed better with a 5.75% return vs 5.17%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SEIX is cheaper with a 0.57% expense ratio, compared with 0.65% for BKLN.
SEIX has the higher dividend yield at 7.25%, compared with 7.16% for BKLN.
SEIX tracks Credit Suisse Leveraged Loan Index, while BKLN tracks Morningstar LSTA US Leveraged Loan 100 Index. They also come from different issuers: Virtus and Invesco. Their fees differ too: 0.57% for SEIX and 0.65% for BKLN.
SEIX currently has the higher Sharpe Ratio (3.81 vs 1.62), 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.
Find the right allocation for SEIX and BKLN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer