Correlation
The correlation between SFLTX and BRLN is 0.10, 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.
SFLTX vs. BRLN
Compare and contrast key facts about Virtus Seix High Grade Municipal Bond Fund (SFLTX) and BlackRock Floating Rate Loan ETF (BRLN).
SFLTX is managed by Virtus. It was launched on Jan 17, 1994. BRLN is an actively managed fund by Blackrock. It was launched on Oct 4, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SFLTX or BRLN.
Performance
SFLTX vs. BRLN - Performance Comparison
Loading data...
Key characteristics
SFLTX:
0.11
BRLN:
1.61
SFLTX:
0.16
BRLN:
2.21
SFLTX:
1.03
BRLN:
1.32
SFLTX:
0.06
BRLN:
1.51
SFLTX:
0.24
BRLN:
8.89
SFLTX:
1.91%
BRLN:
0.65%
SFLTX:
4.78%
BRLN:
3.74%
SFLTX:
-13.41%
BRLN:
-3.85%
SFLTX:
-5.34%
BRLN:
-0.06%
Returns By Period
In the year-to-date period, SFLTX achieves a -1.81% return, which is significantly lower than BRLN's 1.17% return.
SFLTX
-1.81%
-0.65%
-3.08%
0.21%
1.09%
-0.25%
1.98%
BRLN
1.17%
1.04%
1.75%
5.89%
N/A
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.
SFLTX vs. BRLN - Expense Ratio Comparison
SFLTX has a 0.74% expense ratio, which is higher than BRLN's 0.55% expense ratio.
Risk-Adjusted Performance
SFLTX vs. BRLN — Risk-Adjusted Performance Rank
SFLTX
BRLN
SFLTX vs. BRLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Virtus Seix High Grade Municipal Bond Fund (SFLTX) and BlackRock Floating Rate Loan ETF (BRLN). 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.
Loading data...
Dividends
SFLTX vs. BRLN - Dividend Comparison
SFLTX's dividend yield for the trailing twelve months is around 2.59%, less than BRLN's 7.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SFLTX Virtus Seix High Grade Municipal Bond Fund | 2.59% | 2.74% | 2.56% | 2.05% | 2.32% | 3.62% | 3.78% | 3.17% | 2.44% | 5.99% | 3.10% | 3.84% |
BRLN BlackRock Floating Rate Loan ETF | 7.52% | 7.87% | 9.06% | 1.48% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SFLTX vs. BRLN - Drawdown Comparison
The maximum SFLTX drawdown since its inception was -13.41%, which is greater than BRLN's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for SFLTX and BRLN.
Loading data...
Volatility
SFLTX vs. BRLN - Volatility Comparison
The current volatility for Virtus Seix High Grade Municipal Bond Fund (SFLTX) is 0.58%, while BlackRock Floating Rate Loan ETF (BRLN) has a volatility of 1.24%. This indicates that SFLTX experiences smaller price fluctuations and is considered to be less risky than BRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...