FTSL vs SPY

Comparison between FIRST TRUST SENIOR LOAN FUND (FTSL, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed FTSL, delivering a return of +13.3% compared to +5.1%

FTSL vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FTSL(ETF)	SPY(ETF)
Net Assets	$2.20B	$652B
Expense Ratio	0.70%	0.09%
Max Drawdown	26.38%	56.47%
Sharpe Ratio	0.86	2.07
5Y Beta	0.10	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	13.76%	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

FTSL

$2.20B

Winner

SPY

$652B

Expense Ratio

FTSL

0.70%

Winner

SPY

0.09%

Max Drawdown

Winner

FTSL

26.38%

SPY

56.47%

Sharpe Ratio

FTSL

0.86

Winner

SPY

2.07

5Y Beta

Winner

FTSL

0.10

SPY

1.00

P/E Ratio

FTSL

N/A

SPY

28.24

Forward P/E

FTSL

N/A

SPY

21.85

5Y Dividends CAGR

Winner

FTSL

13.76%

SPY

5.43%

5Y EPS CAGR

FTSL

N/A

SPY

25.79%

Debt to Equity

FTSL

N/A

SPY

22.35%

P/S Ratio

FTSL

N/A

SPY

3.55

P/B Ratio

FTSL

N/A

SPY

5.29

FTSL vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	FTSL	SPY
1 month	+0.99%	+9.11%
3 months	+1.15%	+6.59%
6 months	+1.73%	+10.56%
1 year	+5.52%	+32.04%
5 years(CAGR)	+5.14%	+13.35%
10 years(CAGR)	+4.50%	+15.49%
Max(CAGR)	+4.02%	+8.50%

FTSL

+0.99%

Winner

SPY

+9.11%

FTSL

+1.15%

Winner

SPY

+6.59%

FTSL

+1.73%

Winner

SPY

+10.56%

FTSL

+5.52%

Winner

SPY

+32.04%

5Y(CAGR)

FTSL

+5.14%

Winner

SPY

+13.35%

10Y(CAGR)

FTSL

+4.50%

Winner

SPY

+15.49%

Max(CAGR)

FTSL

+4.02%

Winner

SPY

+8.50%

FTSL vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FTSL	SPY
2026	+0.59%	+8.27%
2025	+6.00%	+18.00%
2024	+8.32%	+25.59%
2023	+10.96%	+26.72%
2022	-2.44%	-18.64%
2021	+4.05%	+30.52%
2020	+2.82%	+17.28%
2019	+10.16%	+31.09%
2018	-1.40%	-5.24%
2017	+2.64%	+20.78%
2016	+7.28%	+13.59%
2015	+0.16%	+1.31%
2014	+1.32%	+14.56%
2013	+1.79%	+29.00%
2012	N/A	+14.17%
2011	N/A	+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%

FTSL vs SPY Drawdown Comparison

The maximum drawdown for FTSL was -22.67%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

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

Rank	FTSL	SPY
#1	-22.67% Jan 29, 2020 - Nov 9, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-6.96% Jan 24, 2022 - Feb 1, 2023	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-4.61% Oct 22, 2018 - Feb 20, 2019	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-4.29% Jul 21, 2015 - Apr 21, 2016	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-2.66% Mar 25, 2025 - Apr 28, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-2.54% Dec 2, 2014 - Feb 5, 2015	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-2.33% Jan 16, 2026 - May 5, 2026	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-2.06% Jul 28, 2014 - Nov 24, 2014	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-1.83% May 31, 2013 - Oct 22, 2013	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-1.54% Feb 7, 2023 - Apr 3, 2023	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-1.21% Sep 17, 2019 - Nov 11, 2019	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-1.09% Jul 31, 2024 - Aug 19, 2024	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-0.98% Jun 9, 2016 - Jul 8, 2016	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-0.97% Jul 30, 2019 - Sep 10, 2019	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-0.93% Oct 24, 2016 - Dec 7, 2016	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between FTSL 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)

FTSL vs SPY dividend yield comparison.

Year	FTSL	SPY
2026	2.10%	0.24%
2025	6.59%	1.07%
2024	7.56%	1.21%
2023	7.59%	1.40%
2022	4.77%	1.65%
2021	3.17%	1.20%
2020	3.48%	1.52%
2019	4.44%	1.75%
2018	4.29%	2.04%
2017	3.64%	1.80%
2016	3.70%	2.03%
2015	3.95%	2.06%
2014	3.75%	1.87%
2013	2.64%	1.81%
2012	0.00%	2.18%
2011	0.00%	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%