CCAP vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Crescent Capital BDC, Inc. (CCAP) and S&P 500 Index (^GSPC).

Performance

CCAP vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crescent Capital BDC, Inc. (CCAP) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

CCAP vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CCAP Crescent Capital BDC, Inc.	-9.68%	-17.51%	23.51%	52.61%	-17.99%	32.51%	1.53%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	15.61%

Returns By Period

In the year-to-date period, CCAP achieves a -9.68% return, which is significantly lower than ^GSPC's -3.95% return.

CCAP

• 1D: 0.91%
• 1M: -4.09%
• YTD: -9.68%
• 6M: -7.98%
• 1Y: -18.64%
• 3Y*: 8.54%
• 5Y*: 4.96%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CCAP vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCAP

CCAP Risk / Return Rank: 11
CCAP Sharpe Ratio Rank: 12
CCAP Sortino Ratio Rank: 13
CCAP Omega Ratio Rank: 14
CCAP Calmar Ratio Rank: 8
CCAP Martin Ratio Rank: 7

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCAP vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crescent Capital BDC, Inc. (CCAP) and S&P 500 Index (^GSPC). 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.

	CCAP	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.69	0.92	-1.61
Sortino ratio Return per unit of downside risk	-0.85	1.41	-2.26
Omega ratio Gain probability vs. loss probability	0.90	1.21	-0.32
Calmar ratio Return relative to maximum drawdown	-0.88	1.41	-2.30
Martin ratio Return relative to average drawdown	-1.59	6.61	-8.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCAP vs. ^GSPC - Sharpe Ratio Comparison

The current CCAP Sharpe Ratio is -0.69, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of CCAP and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCAP	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	0.92	-1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	0.61	-0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.46	-0.24

Correlation

The correlation between CCAP and ^GSPC is 0.32, 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.

Drawdowns

CCAP vs. ^GSPC - Drawdown Comparison

The maximum CCAP drawdown since its inception was -63.68%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for CCAP and ^GSPC.

Drawdown Indicators

	CCAP	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-56.78%	-6.90%
Max Drawdown (1Y) Largest decline over 1 year	-20.75%	-12.14%	-8.61%
Max Drawdown (5Y) Largest decline over 5 years	-31.15%	-25.43%	-5.72%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-28.40%	-5.78%	-22.62%
Average Drawdown Average peak-to-trough decline	-12.40%	-10.75%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.67%	2.60%	+9.07%

Volatility

CCAP vs. ^GSPC - Volatility Comparison

Crescent Capital BDC, Inc. (CCAP) has a higher volatility of 7.22% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that CCAP's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCAP	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.22%	5.37%	+1.85%
Volatility (6M) Calculated over the trailing 6-month period	18.23%	9.55%	+8.68%
Volatility (1Y) Calculated over the trailing 1-year period	27.08%	18.33%	+8.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.10%	16.90%	+5.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.91%	18.05%	+15.86%