BANX vs. CLOZ
BANX (StoneCastle Financial Corp.) is a stock, while CLOZ (Panagram BBB-B CLO ETF) is CLO fund actively managed by Panagram. Over the past 3 years, BANX returned 18.70%/yr vs 9.99%/yr for CLOZ. At a 0.11 correlation, their price movements are largely independent.
Performance
BANX vs. CLOZ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BANX achieves a -6.87% return, which is significantly lower than CLOZ's 2.26% return.
BANX
- 1D
- -0.61%
- 1M
- -1.02%
- YTD
- -6.87%
- 6M
- -7.09%
- 1Y
- 4.64%
- 3Y*
- 18.70%
- 5Y*
- 8.45%
- 10Y*
- 9.86%
CLOZ
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 2.26%
- 6M
- 2.50%
- 1Y
- 5.55%
- 3Y*
- 9.99%
- 5Y*
- —
- 10Y*
- —
BANX vs. CLOZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BANX StoneCastle Financial Corp. | -6.87% | 15.64% | 27.68% | 11.65% |
CLOZ Panagram BBB-B CLO ETF | 2.26% | 5.99% | 11.85% | 14.99% |
Correlation
The correlation between BANX and CLOZ is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2023 | 0.11 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BANX vs. CLOZ — Risk / Return Rank
BANX
CLOZ
BANX vs. CLOZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for StoneCastle Financial Corp. (BANX) and Panagram BBB-B CLO ETF (CLOZ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BANX | CLOZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.31 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.40 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.35 | 1.43 | -1.08 |
| Martin ratioReturn relative to average drawdown | 0.78 | 4.74 | -3.96 |
Loading charts...
Drawdowns
BANX vs. CLOZ - Drawdown Comparison
The maximum BANX drawdown since its inception was -55.06%, which is greater than CLOZ's maximum drawdown of -5.32%. Use the drawdown chart below to compare losses from any high point for BANX and CLOZ.
Loading charts...
Drawdown Indicators
| BANX | CLOZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.06% | -5.32% | -49.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.20% | -3.90% | -9.30% |
Max Drawdown (3Y)Largest decline over 3 years | -13.71% | -5.32% | -8.39% |
Max Drawdown (5Y)Largest decline over 5 years | -28.50% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -55.06% | — | — |
Current DrawdownCurrent decline from peak | -8.05% | -0.38% | -7.67% |
Average DrawdownAverage peak-to-trough decline | -9.45% | -0.38% | -9.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.98% | 1.17% | +4.81% |
Volatility
BANX vs. CLOZ - Volatility Comparison
StoneCastle Financial Corp. (BANX) has a higher volatility of 3.05% compared to Panagram BBB-B CLO ETF (CLOZ) at 0.66%. This indicates that BANX's price experiences larger fluctuations and is considered to be riskier than CLOZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BANX | CLOZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 0.66% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.75% | 3.17% | +7.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.42% | 3.47% | +11.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.73% | 3.79% | +16.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.55% | 3.79% | +23.76% |
Dividends
BANX vs. CLOZ - Dividend Comparison
BANX's dividend yield for the trailing twelve months is around 13.34%, more than CLOZ's 7.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BANX StoneCastle Financial Corp. | 13.34% | 10.54% | 9.53% | 12.11% | 9.74% | 5.64% | 8.16% | 6.82% | 7.88% | 7.45% | 7.81% | 9.26% |
CLOZ Panagram BBB-B CLO ETF | 7.41% | 7.63% | 9.09% | 8.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BANX and CLOZ have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BANX has higher volatility (3.05%) compared to CLOZ (0.66%). In terms of maximum drawdown, BANX dropped -55.06% vs CLOZ's -5.32%.
CLOZ currently has the higher Sharpe Ratio (1.61 vs 0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BANX and CLOZ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer