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BlackRock TCP Capital Corp. (TCPC) Sharpe Ratio: -1.40

Equity · Currency in USD · Last updated Jun 23, 2026

TCPC's Sharpe Ratio of -1.40 indicates that for each unit of volatility, it generates -1.40 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

TCPC Sharpe Ratio Rank

TCPC Sharpe Ratio Rank: 0.91
Concerning

TCPC ranks above 0.9% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

TCPC Sharpe Ratio Market Positioning

The chart shows TCPC's Sharpe Ratio relative to all stocks on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): -0.40 or lower
  • Yellow zone (middle 50%): -0.40 to 1.12
  • Green zone (top 25%): 1.12 or higher
  • Top 1%: 5.74+
  • Median: 0.20 — half of all investments score higher

How it compares to other similar stocks

The table compares BlackRock TCP Capital Corp.'s Sharpe Ratio with other stocks in the Asset Management industry across multiple time periods, showing how TCPC's risk-adjusted performance compares to industry peers.

Data shows 1-, 5-, and 10-year periods, plus each stock's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RMTRoyce Micro-Cap Trust, Inc.3.70
AEFAberdeen Emerging Markets Equity Income Fund, Inc.3.64
AAMIAcadian Asset Management Inc3.29
STTState Street Corporation3.18
HQLTekla Life Sciences Investors3.03
AMGAffiliated Managers Group, Inc.3.01
IVZInvesco Ltd.2.90
GAMGeneral American Investors Company, Inc.2.75
TYTri-Continental Corporation2.68
BCVBancroft Fund Ltd.2.66
TCPCBlackRock TCP Capital Corp.-1.40

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows TCPC's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when TCPC consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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