ZTRE vs. OXLC
Compare and contrast key facts about F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE) and Oxford Lane Capital Corp. (OXLC).
ZTRE is a passively managed fund by F/m that tracks the performance of the ICE 3-Year US Target Maturity Corporate Index - Benchmark TR Gross. It was launched on Jan 10, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ZTRE or OXLC.
Correlation
The correlation between ZTRE and OXLC is 0.12, 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
ZTRE vs. OXLC - Performance Comparison
Key characteristics
ZTRE:
2.59
OXLC:
1.38
ZTRE:
4.02
OXLC:
1.93
ZTRE:
1.52
OXLC:
1.28
ZTRE:
4.82
OXLC:
1.25
ZTRE:
11.93
OXLC:
7.33
ZTRE:
0.51%
OXLC:
2.57%
ZTRE:
2.33%
OXLC:
13.66%
ZTRE:
-1.25%
OXLC:
-74.58%
ZTRE:
0.00%
OXLC:
-0.48%
Returns By Period
In the year-to-date period, ZTRE achieves a 0.76% return, which is significantly lower than OXLC's 3.39% return.
ZTRE
0.76%
0.61%
1.79%
5.90%
N/A
N/A
OXLC
3.39%
1.38%
7.94%
21.17%
5.89%
7.40%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ZTRE vs. OXLC — Risk-Adjusted Performance Rank
ZTRE
OXLC
ZTRE vs. OXLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE) and Oxford Lane Capital Corp. (OXLC). 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
ZTRE vs. OXLC - Dividend Comparison
ZTRE's dividend yield for the trailing twelve months is around 4.91%, less than OXLC's 20.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ZTRE F/M 3-Year Investment Grade Corporate Bond ETF | 4.91% | 4.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OXLC Oxford Lane Capital Corp. | 20.55% | 20.12% | 18.83% | 17.75% | 10.58% | 22.51% | 19.85% | 16.70% | 17.91% | 22.84% | 24.10% | 16.72% |
Drawdowns
ZTRE vs. OXLC - Drawdown Comparison
The maximum ZTRE drawdown since its inception was -1.25%, smaller than the maximum OXLC drawdown of -74.58%. Use the drawdown chart below to compare losses from any high point for ZTRE and OXLC. For additional features, visit the drawdowns tool.
Volatility
ZTRE vs. OXLC - Volatility Comparison
The current volatility for F/M 3-Year Investment Grade Corporate Bond ETF (ZTRE) is 0.49%, while Oxford Lane Capital Corp. (OXLC) has a volatility of 1.59%. This indicates that ZTRE experiences smaller price fluctuations and is considered to be less risky than OXLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.