SEIX vs. CLOZ
Compare and contrast key facts about Virtus Seix Senior Loan ETF (SEIX) and Panagram Bbb-B Clo ETF (CLOZ).
SEIX and CLOZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019. CLOZ is an actively managed fund by Panagram. It was launched on Jan 23, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEIX or CLOZ.
Correlation
The correlation between SEIX and CLOZ is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SEIX vs. CLOZ - Performance Comparison
Key characteristics
SEIX:
2.35
CLOZ:
1.42
SEIX:
3.18
CLOZ:
1.86
SEIX:
1.73
CLOZ:
1.52
SEIX:
1.87
CLOZ:
1.23
SEIX:
10.20
CLOZ:
5.98
SEIX:
0.55%
CLOZ:
1.09%
SEIX:
2.40%
CLOZ:
4.62%
SEIX:
-17.51%
CLOZ:
-5.33%
SEIX:
-1.24%
CLOZ:
-2.35%
Returns By Period
In the year-to-date period, SEIX achieves a -0.51% return, which is significantly higher than CLOZ's -0.90% return.
SEIX
-0.51%
-0.71%
1.09%
5.67%
6.47%
N/A
CLOZ
-0.90%
-0.59%
1.82%
6.60%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SEIX vs. CLOZ - Expense Ratio Comparison
SEIX has a 0.57% expense ratio, which is higher than CLOZ's 0.50% expense ratio.
Risk-Adjusted Performance
SEIX vs. CLOZ — Risk-Adjusted Performance Rank
SEIX
CLOZ
SEIX vs. CLOZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix Senior Loan ETF (SEIX) and Panagram Bbb-B Clo ETF (CLOZ). 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.
Dividends
SEIX vs. CLOZ - Dividend Comparison
SEIX's dividend yield for the trailing twelve months is around 7.76%, less than CLOZ's 8.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
SEIX Virtus Seix Senior Loan ETF | 7.76% | 8.09% | 8.74% | 5.76% | 3.66% | 3.75% | 3.35% |
CLOZ Panagram Bbb-B Clo ETF | 8.80% | 9.09% | 8.81% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SEIX vs. CLOZ - Drawdown Comparison
The maximum SEIX drawdown since its inception was -17.51%, which is greater than CLOZ's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for SEIX and CLOZ. For additional features, visit the drawdowns tool.
Volatility
SEIX vs. CLOZ - Volatility Comparison
The current volatility for Virtus Seix Senior Loan ETF (SEIX) is 2.11%, while Panagram Bbb-B Clo ETF (CLOZ) has a volatility of 4.31%. This indicates that SEIX experiences smaller price fluctuations and is considered to be less risky than CLOZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.