BKLN
Invesco Senior Loan ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for BKLN (Invesco Senior Loan ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -7.1% (compared to the benchmark's drawdown of -24.2%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 3.2%, compared to a Buy-and-Hold benchmark return of 3.6%. The strategy executed 21 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
BKLN Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 3.64% | 3.89% | 4.60% | 5.30% | 3.55% | 4.18% | 3.25% | 3.63% |
| Sharpe Ratio | 1.45 | 1.38 | 1.40 | 1.16 | 1.02 | 0.64 | 1.00 | 0.62 |
| Max Drawdown | -3.07% | -3.07% | -5.96% | -7.31% | -7.12% | -24.17% | -7.12% | -24.17% |
| % Time Invested | 100.0% | 100.0% | 98.6% | 100.0% | 98.7% | 100.0% | 96.8% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.0 | 0.0 | 1.2 | 0.0 | 1.6 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2026-03-20 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.43% | Interest Income | |
| 2025-07-14 | 2026-03-20 | Completed | 33.33% | $19.59 | $20.00 | 2.06% | Signal | |
| 2025-06-03 | 2025-07-14 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.72% | Interest Income | |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income | |
| 2025-04-10 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.53% | Interest Income | |
| 2023-01-09 | 2025-04-10 | Completed | 33.33% | $15.88 | $18.84 | 18.54% | Signal | |
| 2023-06-02 | 2023-09-06 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.72% | Interest Income | |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income | |
| 2022-12-02 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income | |
| 2022-12-02 | 2023-01-09 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.90% | Interest Income | |
| 2022-11-18 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.12% | Interest Income | |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income | |
| 2022-08-05 | 2022-11-18 | Completed | 33.33% | $15.60 | $15.59 | -0.07% | Signal | |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income | |
| 2022-08-03 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2022-05-10 | 2022-08-05 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.17% | Interest Income | |
| 2022-03-16 | 2022-08-05 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.20% | Interest Income | |
| 2022-07-08 | 2022-08-03 | Completed | 33.33% | $15.02 | $15.45 | 2.85% | Signal | |
| 2022-06-14 | 2022-07-08 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income | |
| 2021-03-09 | 2022-06-14 | Completed | 33.33% | $15.66 | $15.02 | -4.13% | Stop | |
| 2020-05-27 | 2022-05-10 | Completed | 33.33% | $14.70 | $15.46 | 5.18% | Signal | |
| 2020-05-27 | 2022-03-16 | Completed | 33.33% | $14.70 | $15.46 | 5.16% | Signal | |
| 2020-12-02 | 2021-03-09 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2020-11-18 | 2020-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2020-04-01 | 2020-11-18 | Completed | 33.33% | $13.75 | $15.31 | 11.34% | Signal | |
| 2020-03-10 | 2020-05-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2020-03-10 | 2020-05-27 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income | |
| 2020-03-10 | 2020-04-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2019-11-26 | 2020-03-10 | Completed | 33.33% | $15.11 | $14.49 | -4.20% | Stop | |
| 2019-02-22 | 2020-03-10 | Completed | 33.33% | $14.70 | $14.49 | -1.53% | Stop | |
| 2016-03-01 | 2020-03-10 | Completed | 33.33% | $12.65 | $14.49 | 14.45% | Stop | |
| 2019-11-04 | 2019-11-26 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income | |
| 2019-02-22 | 2019-11-04 | Completed | 33.33% | $14.70 | $15.06 | 2.34% | Signal | |
| 2019-01-04 | 2019-02-22 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2018-12-21 | 2019-02-22 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.43% | Interest Income | |
| 2016-03-01 | 2019-01-04 | Completed | 33.33% | $12.65 | $14.15 | 11.81% | Signal | |
| 2016-03-01 | 2018-12-21 | Completed | 33.33% | $12.65 | $14.00 | 10.58% | Signal | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income | |
| 2015-11-11 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.07% | Interest Income | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2013-02-28 | 2015-11-11 | Completed | 33.33% | $12.64 | $12.94 | 2.26% | Signal | |
| 2015-10-16 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.06% | Interest Income | |
| 2015-09-02 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2015-06-01 | 2015-10-16 | Completed | 33.33% | $13.38 | $12.97 | -3.10% | Signal | |
| 2015-08-14 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2015-03-26 | 2015-08-14 | Completed | 33.33% | $13.24 | $13.09 | -1.17% | Signal | |
| 2015-03-03 | 2015-06-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.24% | Interest Income | |
| 2015-03-03 | 2015-03-26 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income | |
| 2015-02-03 | 2015-03-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income | |
| 2015-02-03 | 2015-03-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income | |
| 2015-01-07 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2015-01-05 | 2015-02-02 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2013-02-28 | 2015-01-07 | Completed | 33.33% | $12.64 | $13.03 | 3.03% | Signal | |
| 2014-12-02 | 2015-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.04% | Interest Income | |
| 2014-11-04 | 2014-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income | |
| 2014-10-17 | 2014-11-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.10% | Interest Income | |
| 2013-10-02 | 2014-10-17 | Completed | 33.33% | $12.81 | $12.98 | 1.30% | Signal | |
| 2013-09-04 | 2013-10-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income | |
| 2013-02-28 | 2013-09-04 | Completed | 33.33% | $12.64 | $12.81 | 1.24% | Signal | |
| 2013-02-26 | 2013-02-28 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2013-02-26 | 2013-02-28 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |
| 2013-02-26 | 2013-02-28 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income | |