BKLN vs SPY

Comparison between INVESCO SENIOR LOAN ETF (BKLN, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed BKLN, delivering a return of +13.3% compared to +5.3%

BKLN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BKLN(ETF)	SPY(ETF)
Net Assets	$6.30B	$652B
Expense Ratio	0.65%	0.09%
Max Drawdown	32.19%	56.47%
Sharpe Ratio	0.89	2.07
5Y Beta	0.15	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	14.20%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

BKLN

$6.30B

Winner

SPY

$652B

Expense Ratio

BKLN

0.65%

Winner

SPY

0.09%

Max Drawdown

Winner

BKLN

32.19%

SPY

56.47%

Sharpe Ratio

BKLN

0.89

Winner

SPY

2.07

5Y Beta

Winner

BKLN

0.15

SPY

1.00

P/E Ratio

BKLN

N/A

SPY

28.24

Forward P/E

BKLN

N/A

SPY

21.85

5Y Dividends CAGR

Winner

BKLN

14.20%

SPY

5.43%

5Y EPS CAGR

BKLN

N/A

SPY

25.79%

Debt to Equity

BKLN

N/A

SPY

22.35%

P/S Ratio

BKLN

N/A

SPY

3.55

P/B Ratio

BKLN

N/A

SPY

5.29

BKLN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	BKLN	SPY
1 month	+0.75%	+9.11%
3 months	+1.43%	+6.59%
6 months	+1.81%	+10.56%
1 year	+6.03%	+32.04%
5 years(CAGR)	+5.33%	+13.35%
10 years(CAGR)	+4.36%	+15.49%
Max(CAGR)	+3.76%	+8.50%

BKLN

+0.75%

Winner

SPY

+9.11%

BKLN

+1.43%

Winner

SPY

+6.59%

BKLN

+1.81%

Winner

SPY

+10.56%

BKLN

+6.03%

Winner

SPY

+32.04%

5Y(CAGR)

BKLN

+5.33%

Winner

SPY

+13.35%

10Y(CAGR)

BKLN

+4.36%

Winner

SPY

+15.49%

Max(CAGR)

BKLN

+3.76%

Winner

SPY

+8.50%

BKLN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BKLN	SPY
2026	+0.35%	+8.27%
2025	+6.88%	+18.00%
2024	+8.25%	+25.59%
2023	+12.04%	+26.72%
2022	-2.47%	-18.64%
2021	+2.50%	+30.52%
2020	+1.11%	+17.28%
2019	+9.72%	+31.09%
2018	-1.53%	-5.24%
2017	+1.99%	+20.78%
2016	+9.18%	+13.59%
2015	-2.90%	+1.31%
2014	+0.55%	+14.56%
2013	+3.82%	+29.00%
2012	+9.61%	+14.17%
2011	-2.04%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

BKLN vs SPY Drawdown Comparison

The maximum drawdown for BKLN was -24.16%, occurring on Mar 23, 2020. Recovery took 228 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current BKLN drawdown is -0.05%.

Rank	BKLN	SPY
#1	-24.16% Jan 8, 2020 - Dec 2, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-8.75% May 13, 2011 - Feb 2, 2012	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-7.31% Jan 14, 2022 - Jan 23, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-7.07% May 4, 2015 - Jul 8, 2016	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.69% Oct 2, 2018 - Feb 22, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-3.73% Jul 2, 2014 - Apr 7, 2015	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-3.71% May 4, 2012 - Jul 13, 2012	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-3.55% Feb 18, 2025 - May 2, 2025	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-3.07% Jan 9, 2026 - May 5, 2026	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.66% Mar 3, 2023 - Apr 11, 2023	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.39% Mar 3, 2011 - Apr 4, 2011	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.04% May 22, 2013 - Oct 28, 2013	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-1.66% Jul 22, 2024 - Aug 16, 2024	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.57% Sep 17, 2019 - Dec 4, 2019	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.52% Oct 17, 2012 - Dec 6, 2012	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between BKLN and SPY is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (1999 - 2026)

BKLN vs SPY dividend yield comparison.

Year	BKLN	SPY
2026	2.08%	0.24%
2025	6.95%	1.07%
2024	8.41%	1.21%
2023	8.59%	1.40%
2022	4.94%	1.65%
2021	3.11%	1.20%
2020	3.56%	1.52%
2019	4.86%	1.75%
2018	4.51%	2.04%
2017	3.50%	1.80%
2016	4.54%	2.03%
2015	4.12%	2.06%
2014	4.12%	1.87%
2013	4.40%	1.81%
2012	4.81%	2.18%
2011	3.39%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%