TFLIX vs. BGT
TFLIX (Transamerica Floating Rate Fund) and BGT (BlackRock Floating Rate Income Trust) are both Bank Loan funds. Over the past 10 years, TFLIX returned 4.02%/yr vs 6.13%/yr for BGT. At a 0.24 correlation, their price movements are largely independent. TFLIX charges 0.80%/yr vs 1.74%/yr for BGT.
Performance
TFLIX vs. BGT - Performance Comparison
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Returns By Period
In the year-to-date period, TFLIX achieves a 1.63% return, which is significantly higher than BGT's -0.49% return. Over the past 10 years, TFLIX has underperformed BGT with an annualized return of 4.02%, while BGT has yielded a comparatively higher 6.13% annualized return.
TFLIX
- 1D
- 0.00%
- 1M
- 0.88%
- YTD
- 1.63%
- 6M
- 2.06%
- 1Y
- 5.06%
- 3Y*
- 6.93%
- 5Y*
- 4.33%
- 10Y*
- 4.02%
BGT
- 1D
- -0.65%
- 1M
- -0.58%
- YTD
- -0.49%
- 6M
- 1.38%
- 1Y
- -1.80%
- 3Y*
- 10.35%
- 5Y*
- 6.89%
- 10Y*
- 6.13%
TFLIX vs. BGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TFLIX Transamerica Floating Rate Fund | 1.63% | 5.34% | 8.07% | 8.15% | -2.55% | 3.88% | 1.18% | 7.09% | 0.30% | 3.72% |
BGT BlackRock Floating Rate Income Trust | -0.49% | -0.84% | 16.12% | 26.29% | -16.57% | 25.89% | -0.81% | 18.97% | -11.95% | 3.91% |
Correlation
The correlation between TFLIX and BGT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2014 | 0.24 |
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Return for Risk
TFLIX vs. BGT — Risk / Return Rank
TFLIX
BGT
TFLIX vs. BGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica Floating Rate Fund (TFLIX) and BlackRock Floating Rate Income Trust (BGT). 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.
| TFLIX | BGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.22 | ||
| Sortino ratioReturn per unit of downside risk | +5.01 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 0.98 | +0.79 |
| Calmar ratioReturn relative to maximum drawdown | 5.47 | -0.16 | +5.63 |
| Martin ratioReturn relative to average drawdown | 16.43 | -0.36 | +16.80 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TFLIX | BGT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | -0.17 | +2.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.61 | 0.51 | +1.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.21 | 0.40 | +0.81 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.25 | 0.29 | +0.96 |
Drawdowns
TFLIX vs. BGT - Drawdown Comparison
The maximum TFLIX drawdown since its inception was -17.79%, smaller than the maximum BGT drawdown of -58.06%. Use the drawdown chart below to compare losses from any high point for TFLIX and BGT.
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Drawdown Indicators
| TFLIX | BGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.79% | -58.06% | +40.27% |
Max Drawdown (1Y)Largest decline over 1 year | -0.93% | -11.06% | +10.13% |
Max Drawdown (3Y)Largest decline over 3 years | -2.57% | -15.91% | +13.34% |
Max Drawdown (5Y)Largest decline over 5 years | -6.26% | -23.19% | +16.93% |
Max Drawdown (10Y)Largest decline over 10 years | -17.79% | -41.90% | +24.11% |
Current DrawdownCurrent decline from peak | 0.00% | -6.56% | +6.56% |
Average DrawdownAverage peak-to-trough decline | -0.79% | -8.12% | +7.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.31% | 4.99% | -4.68% |
Volatility
TFLIX vs. BGT - Volatility Comparison
The current volatility for Transamerica Floating Rate Fund (TFLIX) is 0.59%, while BlackRock Floating Rate Income Trust (BGT) has a volatility of 1.63%. This indicates that TFLIX experiences smaller price fluctuations and is considered to be less risky than BGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TFLIX | BGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.59% | 1.63% | -1.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.77% | 7.13% | -5.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.49% | 10.35% | -7.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.70% | 13.57% | -10.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.33% | 15.34% | -12.01% |
TFLIX vs. BGT - Expense Ratio Comparison
TFLIX has a 0.80% expense ratio, which is lower than BGT's 1.74% expense ratio.
Dividends
TFLIX vs. BGT - Dividend Comparison
TFLIX's dividend yield for the trailing twelve months is around 7.51%, less than BGT's 13.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGT BlackRock Floating Rate Income Trust | 13.51% | 12.74% | 11.22% | 10.36% | 6.87% | 5.55% | 7.58% | 6.33% | 6.64% | 5.03% | 5.03% | 6.04% |
TFLIX Transamerica Floating Rate Fund | 7.51% | 7.86% | 7.84% | 6.21% | 3.58% | 3.06% | 3.78% | 5.20% | 4.91% | 4.06% | 4.42% | 3.92% |
Frequently Asked Questions
TFLIX and BGT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BGT has higher volatility (1.63%) compared to TFLIX (0.59%). In terms of maximum drawdown, TFLIX dropped -17.79% vs BGT's -58.06%.
TFLIX currently has the higher Sharpe Ratio (2.04 vs -0.17), 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.
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