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BXSL vs. PNNT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between BXSL and PNNT is 0.34, 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.


-0.50.00.51.00.3

Performance

BXSL vs. PNNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blackstone Secured Lending Fund (BXSL) and PennantPark Investment Corporation (PNNT). The values are adjusted to include any dividend payments, if applicable.

35.00%40.00%45.00%50.00%55.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
56.38%
43.96%
BXSL
PNNT

Key characteristics

Sharpe Ratio

BXSL:

1.81

PNNT:

0.95

Sortino Ratio

BXSL:

2.46

PNNT:

1.36

Omega Ratio

BXSL:

1.32

PNNT:

1.18

Calmar Ratio

BXSL:

2.67

PNNT:

1.09

Martin Ratio

BXSL:

7.82

PNNT:

2.66

Ulcer Index

BXSL:

3.19%

PNNT:

6.22%

Daily Std Dev

BXSL:

13.76%

PNNT:

17.36%

Max Drawdown

BXSL:

-36.80%

PNNT:

-82.16%

Current Drawdown

BXSL:

-3.41%

PNNT:

-8.59%

Fundamentals

Market Cap

BXSL:

$6.89B

PNNT:

$446.63M

EPS

BXSL:

$3.59

PNNT:

$0.75

PE Ratio

BXSL:

8.86

PNNT:

9.12

Total Revenue (TTM)

BXSL:

$986.54M

PNNT:

$90.02M

Gross Profit (TTM)

BXSL:

$913.80M

PNNT:

$67.81M

EBITDA (TTM)

BXSL:

$742.67M

PNNT:

$38.31M

Returns By Period

In the year-to-date period, BXSL achieves a 22.74% return, which is significantly higher than PNNT's 10.96% return.


BXSL

YTD

22.74%

1M

1.29%

6M

5.03%

1Y

23.37%

5Y*

N/A

10Y*

N/A

PNNT

YTD

10.96%

1M

-3.01%

6M

-3.32%

1Y

15.82%

5Y*

12.80%

10Y*

8.50%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

BXSL vs. PNNT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Blackstone Secured Lending Fund (BXSL) and PennantPark Investment Corporation (PNNT). 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.


Sharpe ratio
The chart of Sharpe ratio for BXSL, currently valued at 1.81, compared to the broader market-4.00-2.000.002.001.810.95
The chart of Sortino ratio for BXSL, currently valued at 2.46, compared to the broader market-4.00-2.000.002.004.002.461.36
The chart of Omega ratio for BXSL, currently valued at 1.32, compared to the broader market0.501.001.502.001.321.18
The chart of Calmar ratio for BXSL, currently valued at 2.67, compared to the broader market0.002.004.006.002.671.09
The chart of Martin ratio for BXSL, currently valued at 7.82, compared to the broader market0.0010.0020.007.822.66
BXSL
PNNT

The current BXSL Sharpe Ratio is 1.81, which is higher than the PNNT Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of BXSL and PNNT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.81
0.95
BXSL
PNNT

Dividends

BXSL vs. PNNT - Dividend Comparison

BXSL's dividend yield for the trailing twelve months is around 9.79%, less than PNNT's 13.50% yield.


TTM20232022202120202019201820172016201520142013
BXSL
Blackstone Secured Lending Fund
9.79%10.64%13.02%1.56%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PNNT
PennantPark Investment Corporation
13.50%11.65%10.43%6.93%11.71%11.03%11.30%10.42%14.62%18.12%11.75%9.66%

Drawdowns

BXSL vs. PNNT - Drawdown Comparison

The maximum BXSL drawdown since its inception was -36.80%, smaller than the maximum PNNT drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for BXSL and PNNT. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.41%
-8.59%
BXSL
PNNT

Volatility

BXSL vs. PNNT - Volatility Comparison

Blackstone Secured Lending Fund (BXSL) has a higher volatility of 4.44% compared to PennantPark Investment Corporation (PNNT) at 4.18%. This indicates that BXSL's price experiences larger fluctuations and is considered to be riskier than PNNT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
4.44%
4.18%
BXSL
PNNT

Financials

BXSL vs. PNNT - Financials Comparison

This section allows you to compare key financial metrics between Blackstone Secured Lending Fund and PennantPark Investment Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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