VLT vs. PHD
Compare and contrast key facts about Invesco High Income Trust II (VLT) and Pioneer Floating Rate Fund, Inc. (PHD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLT or PHD.
Key characteristics
| VLT | PHD | |
|---|---|---|
| YTD Return | 19.26% | 16.33% |
| 1Y Return | 28.17% | 22.47% |
| 3Y Return (Ann) | 1.40% | 4.01% |
| 5Y Return (Ann) | 5.26% | 7.78% |
| 10Y Return (Ann) | 5.93% | 6.30% |
| Sharpe Ratio | 3.19 | 2.58 |
| Sortino Ratio | 4.45 | 3.37 |
| Omega Ratio | 1.63 | 1.54 |
| Calmar Ratio | 1.46 | 2.02 |
| Martin Ratio | 25.58 | 26.81 |
| Ulcer Index | 1.09% | 0.86% |
| Daily Std Dev | 8.73% | 8.99% |
| Max Drawdown | -69.60% | -63.57% |
| Current Drawdown | -1.41% | -0.73% |
Fundamentals
| VLT | PHD | |
|---|---|---|
| Market Cap | $74.08M | $122.02M |
| EPS | $1.36 | $1.71 |
| PE Ratio | 8.38 | 5.77 |
| PEG Ratio | 0.00 | 0.00 |
| Total Revenue (TTM) | $7.49M | $5.04M |
| Gross Profit (TTM) | $6.56M | $5.04M |
| EBITDA (TTM) | $6.47M | $834.23K |
Correlation
The correlation between VLT and PHD is 0.33, 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
VLT vs. PHD - Performance Comparison
In the year-to-date period, VLT achieves a 19.26% return, which is significantly higher than PHD's 16.33% return. Over the past 10 years, VLT has underperformed PHD with an annualized return of 5.93%, while PHD has yielded a comparatively higher 6.30% annualized return. 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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Risk-Adjusted Performance
VLT vs. PHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Income Trust II (VLT) and Pioneer Floating Rate Fund, Inc. (PHD). 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
VLT vs. PHD - Dividend Comparison
VLT's dividend yield for the trailing twelve months is around 10.17%, less than PHD's 11.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VLT Invesco High Income Trust II | 10.17% | 11.09% | 11.23% | 8.02% | 8.48% | 8.07% | 8.43% | 7.00% | 8.08% | 9.74% | 8.69% | 8.62% |
PHD Pioneer Floating Rate Fund, Inc. | 11.39% | 11.96% | 9.78% | 6.30% | 6.71% | 7.33% | 6.71% | 6.28% | 6.13% | 6.50% | 6.51% | 7.26% |
Drawdowns
VLT vs. PHD - Drawdown Comparison
The maximum VLT drawdown since its inception was -69.60%, which is greater than PHD's maximum drawdown of -63.57%. Use the drawdown chart below to compare losses from any high point for VLT and PHD. For additional features, visit the drawdowns tool.
Volatility
VLT vs. PHD - Volatility Comparison
Invesco High Income Trust II (VLT) has a higher volatility of 1.93% compared to Pioneer Floating Rate Fund, Inc. (PHD) at 1.79%. This indicates that VLT's price experiences larger fluctuations and is considered to be riskier than PHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
VLT vs. PHD - Financials Comparison
This section allows you to compare key financial metrics between Invesco High Income Trust II and Pioneer Floating Rate Fund, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities