SRLN vs. SEIX
Compare and contrast key facts about SPDR Blackstone Senior Loan ETF (SRLN) and Virtus Seix Senior Loan ETF (SEIX).
SRLN and SEIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SRLN or SEIX.
Correlation
The correlation between SRLN and SEIX is 0.17, 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
SRLN vs. SEIX - Performance Comparison
Key characteristics
SRLN:
1.56
SEIX:
2.34
SRLN:
2.25
SEIX:
3.17
SRLN:
1.48
SEIX:
1.73
SRLN:
1.39
SEIX:
1.86
SRLN:
8.63
SEIX:
10.26
SRLN:
0.68%
SEIX:
0.55%
SRLN:
3.80%
SEIX:
2.40%
SRLN:
-22.29%
SEIX:
-17.51%
SRLN:
-1.03%
SEIX:
-1.28%
Returns By Period
In the year-to-date period, SRLN achieves a -0.30% return, which is significantly higher than SEIX's -0.56% return.
SRLN
-0.30%
-0.41%
1.27%
5.63%
6.43%
3.67%
SEIX
-0.56%
-0.80%
1.09%
5.49%
6.47%
N/A
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SRLN vs. SEIX - Expense Ratio Comparison
SRLN has a 0.70% expense ratio, which is higher than SEIX's 0.57% expense ratio.
Risk-Adjusted Performance
SRLN vs. SEIX — Risk-Adjusted Performance Rank
SRLN
SEIX
SRLN vs. SEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Blackstone Senior Loan ETF (SRLN) and Virtus Seix Senior Loan ETF (SEIX). 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. SEIX - Dividend Comparison
SRLN's dividend yield for the trailing twelve months is around 8.51%, more than SEIX's 7.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SRLN SPDR Blackstone Senior Loan ETF | 8.51% | 8.58% | 8.44% | 5.72% | 4.45% | 4.91% | 5.39% | 4.98% | 4.01% | 3.94% | 4.43% | 3.66% |
SEIX Virtus Seix Senior Loan ETF | 7.76% | 8.09% | 8.74% | 5.76% | 3.66% | 3.75% | 3.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SRLN vs. SEIX - Drawdown Comparison
The maximum SRLN drawdown since its inception was -22.29%, which is greater than SEIX's maximum drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for SRLN and SEIX. For additional features, visit the drawdowns tool.
Volatility
SRLN vs. SEIX - Volatility Comparison
SPDR Blackstone Senior Loan ETF (SRLN) has a higher volatility of 3.35% compared to Virtus Seix Senior Loan ETF (SEIX) at 2.11%. This indicates that SRLN's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.