SRLN vs. NUSIX
Compare and contrast key facts about SPDR Blackstone Senior Loan ETF (SRLN) and Navigator Ultra Short Term Bond Fund (NUSIX).
SRLN is a passively managed fund by State Street that tracks the performance of the Markit iBoxx USD Liquid Leveraged Loan Index. It was launched on Apr 3, 2013. NUSIX is managed by Navigator Funds. It was launched on Mar 21, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SRLN or NUSIX.
Performance
SRLN vs. NUSIX - Performance Comparison
Returns By Period
In the year-to-date period, SRLN achieves a 7.42% return, which is significantly higher than NUSIX's 4.87% return.
SRLN
7.42%
0.76%
4.12%
9.73%
4.55%
3.85%
NUSIX
4.87%
0.30%
2.66%
5.69%
2.74%
N/A
Key characteristics
| SRLN | NUSIX | |
|---|---|---|
| Sharpe Ratio | 5.13 | 8.74 |
| Sortino Ratio | 7.83 | 354.80 |
| Omega Ratio | 2.47 | 355.80 |
| Calmar Ratio | 7.13 | 364.62 |
| Martin Ratio | 58.27 | 4,092.82 |
| Ulcer Index | 0.17% | 0.00% |
| Daily Std Dev | 1.90% | 0.65% |
| Max Drawdown | -22.29% | -2.69% |
| Current Drawdown | -0.24% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SRLN vs. NUSIX - Expense Ratio Comparison
SRLN has a 0.70% expense ratio, which is lower than NUSIX's 0.71% expense ratio.
Correlation
The correlation between SRLN and NUSIX 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.
Risk-Adjusted Performance
SRLN vs. NUSIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Blackstone Senior Loan ETF (SRLN) and Navigator Ultra Short Term Bond Fund (NUSIX). 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
SRLN vs. NUSIX - Dividend Comparison
SRLN's dividend yield for the trailing twelve months is around 8.85%, more than NUSIX's 5.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRLN SPDR Blackstone Senior Loan ETF | 8.85% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% | 1.91% |
NUSIX Navigator Ultra Short Term Bond Fund | 5.63% | 4.92% | 1.75% | 0.49% | 1.09% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SRLN vs. NUSIX - Drawdown Comparison
The maximum SRLN drawdown since its inception was -22.29%, which is greater than NUSIX's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for SRLN and NUSIX. For additional features, visit the drawdowns tool.
Volatility
SRLN vs. NUSIX - Volatility Comparison
SPDR Blackstone Senior Loan ETF (SRLN) has a higher volatility of 0.58% compared to Navigator Ultra Short Term Bond Fund (NUSIX) at 0.16%. This indicates that SRLN's price experiences larger fluctuations and is considered to be riskier than NUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.