THYF vs. FTSL
Compare and contrast key facts about T. Rowe Price U.S. High Yield ETF (THYF) and First Trust Senior Loan Fund (FTSL).
THYF and FTSL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THYF is an actively managed fund by T. Rowe Price. It was launched on Oct 25, 2022. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Performance
THYF vs. FTSL - Performance Comparison
Loading graphics...
THYF vs. FTSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
THYF T. Rowe Price U.S. High Yield ETF | -0.78% | 7.77% | 8.51% | 11.32% | 1.53% |
FTSL First Trust Senior Loan Fund | -0.80% | 5.98% | 8.27% | 11.58% | 1.32% |
Returns By Period
The year-to-date returns for both stocks are quite close, with THYF having a -0.78% return and FTSL slightly lower at -0.80%.
THYF
- 1D
- 0.88%
- 1M
- -1.45%
- YTD
- -0.78%
- 6M
- 0.60%
- 1Y
- 6.58%
- 3Y*
- 7.79%
- 5Y*
- —
- 10Y*
- —
FTSL
- 1D
- 0.34%
- 1M
- 1.11%
- YTD
- -0.80%
- 6M
- 0.87%
- 1Y
- 4.68%
- 3Y*
- 7.10%
- 5Y*
- 4.87%
- 10Y*
- 4.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THYF vs. FTSL - Expense Ratio Comparison
THYF has a 0.56% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Return for Risk
THYF vs. FTSL — Risk / Return Rank
THYF
FTSL
THYF vs. FTSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. High Yield ETF (THYF) and First Trust Senior Loan Fund (FTSL). 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.
| THYF | FTSL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.20 | 1.51 | -0.31 |
Sortino ratioReturn per unit of downside risk | 1.74 | 1.99 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.41 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.96 | -0.34 |
Martin ratioReturn relative to average drawdown | 7.37 | 7.07 | +0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| THYF | FTSL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 1.51 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 1.46 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.87 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.41 | 0.83 | +0.57 |
Correlation
The correlation between THYF and FTSL is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
THYF vs. FTSL - Dividend Comparison
THYF's dividend yield for the trailing twelve months is around 7.22%, more than FTSL's 6.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYF T. Rowe Price U.S. High Yield ETF | 7.22% | 7.17% | 7.30% | 8.02% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FTSL First Trust Senior Loan Fund | 6.58% | 6.59% | 7.56% | 7.59% | 4.77% | 3.17% | 3.48% | 4.44% | 4.29% | 3.64% | 3.70% | 3.95% |
Drawdowns
THYF vs. FTSL - Drawdown Comparison
The maximum THYF drawdown since its inception was -5.24%, smaller than the maximum FTSL drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for THYF and FTSL.
Loading graphics...
Drawdown Indicators
| THYF | FTSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.24% | -22.67% | +17.43% |
Max Drawdown (1Y)Largest decline over 1 year | -4.05% | -2.33% | -1.72% |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.96% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.67% | — |
Current DrawdownCurrent decline from peak | -1.77% | -1.24% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -0.84% | -0.77% | -0.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.65% | +0.24% |
Volatility
THYF vs. FTSL - Volatility Comparison
T. Rowe Price U.S. High Yield ETF (THYF) has a higher volatility of 1.84% compared to First Trust Senior Loan Fund (FTSL) at 1.37%. This indicates that THYF's price experiences larger fluctuations and is considered to be riskier than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| THYF | FTSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.84% | 1.37% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 2.59% | 1.90% | +0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.50% | 3.11% | +2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.90% | 3.36% | +2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.90% | 5.19% | +0.71% |