USHYX vs. BKLN
Compare and contrast key facts about USAA High Income Fund (USHYX) and Invesco Senior Loan ETF (BKLN).
USHYX is managed by Victory Capital. It was launched on Aug 2, 1999. BKLN is a passively managed fund by Invesco that tracks the performance of the S&P/LSTA U.S. Leveraged Loan 100 Index. It was launched on Mar 3, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USHYX or BKLN.
Key characteristics
| USHYX | BKLN | |
|---|---|---|
| YTD Return | 6.66% | 7.33% |
| 1Y Return | 13.57% | 9.96% |
| 3Y Return (Ann) | 2.50% | 5.68% |
| 5Y Return (Ann) | 3.82% | 4.48% |
| 10Y Return (Ann) | 3.77% | 3.59% |
| Sharpe Ratio | 4.07 | 4.18 |
| Sortino Ratio | 6.89 | 6.42 |
| Omega Ratio | 2.05 | 2.14 |
| Calmar Ratio | 2.42 | 5.86 |
| Martin Ratio | 31.70 | 49.62 |
| Ulcer Index | 0.42% | 0.20% |
| Daily Std Dev | 3.25% | 2.33% |
| Max Drawdown | -33.65% | -24.17% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between USHYX and BKLN is 0.47, 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.
Performance
USHYX vs. BKLN - Performance Comparison
In the year-to-date period, USHYX achieves a 6.66% return, which is significantly lower than BKLN's 7.33% return. Both investments have delivered pretty close results over the past 10 years, with USHYX having a 3.77% annualized return and BKLN not far behind at 3.59%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USHYX vs. BKLN - Expense Ratio Comparison
USHYX has a 0.76% expense ratio, which is higher than BKLN's 0.65% expense ratio.
Risk-Adjusted Performance
USHYX vs. BKLN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA High Income Fund (USHYX) and Invesco Senior Loan ETF (BKLN). 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
USHYX vs. BKLN - Dividend Comparison
USHYX's dividend yield for the trailing twelve months is around 7.74%, less than BKLN's 8.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USHYX USAA High Income Fund | 7.74% | 7.14% | 5.88% | 4.83% | 5.25% | 5.79% | 6.32% | 5.73% | 5.94% | 6.46% | 5.76% | 6.05% |
BKLN Invesco Senior Loan ETF | 8.65% | 8.59% | 4.93% | 3.11% | 3.56% | 4.86% | 4.51% | 3.51% | 4.55% | 4.11% | 4.12% | 4.39% |
Drawdowns
USHYX vs. BKLN - Drawdown Comparison
The maximum USHYX drawdown since its inception was -33.65%, which is greater than BKLN's maximum drawdown of -24.17%. Use the drawdown chart below to compare losses from any high point for USHYX and BKLN. For additional features, visit the drawdowns tool.
Volatility
USHYX vs. BKLN - Volatility Comparison
USAA High Income Fund (USHYX) has a higher volatility of 0.62% compared to Invesco Senior Loan ETF (BKLN) at 0.47%. This indicates that USHYX's price experiences larger fluctuations and is considered to be riskier than BKLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.