BANX vs. CLOZ
Compare and contrast key facts about StoneCastle Financial Corp. (BANX) and Panagram Bbb-B Clo ETF (CLOZ).
CLOZ is an actively managed fund by Panagram. It was launched on Jan 23, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BANX or CLOZ.
Correlation
The correlation between BANX and CLOZ is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BANX vs. CLOZ - Performance Comparison
Key characteristics
BANX:
1.89
CLOZ:
5.84
BANX:
2.87
CLOZ:
8.00
BANX:
1.36
CLOZ:
3.03
BANX:
4.54
CLOZ:
8.27
BANX:
12.21
CLOZ:
52.13
BANX:
2.30%
CLOZ:
0.22%
BANX:
14.90%
CLOZ:
1.97%
BANX:
-55.06%
CLOZ:
-2.70%
BANX:
-1.92%
CLOZ:
0.00%
Returns By Period
In the year-to-date period, BANX achieves a 22.13% return, which is significantly higher than CLOZ's 11.60% return.
BANX
22.13%
-0.36%
14.95%
26.36%
7.20%
9.43%
CLOZ
11.60%
0.95%
5.13%
12.11%
N/A
N/A
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Risk-Adjusted Performance
BANX vs. CLOZ - Risk-Adjusted Performance 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.
Dividends
BANX vs. CLOZ - Dividend Comparison
BANX's dividend yield for the trailing twelve months is around 9.18%, more than CLOZ's 8.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BANX StoneCastle Financial Corp. | 9.18% | 12.11% | 9.74% | 7.37% | 8.16% | 6.82% | 8.60% | 7.45% | 7.81% | 9.26% | 12.84% | 1.14% |
CLOZ Panagram Bbb-B Clo ETF | 8.75% | 8.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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 -2.70%. Use the drawdown chart below to compare losses from any high point for BANX and CLOZ. For additional features, visit the drawdowns tool.
Volatility
BANX vs. CLOZ - Volatility Comparison
StoneCastle Financial Corp. (BANX) has a higher volatility of 1.94% compared to Panagram Bbb-B Clo ETF (CLOZ) at 0.21%. 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.