CGBD vs. MSFT
CGBD (TCG BDC, Inc.) and MSFT (Microsoft Corporation) are both stocks. CGBD operates in Asset Management (Financial Services), while MSFT operates in Software - Infrastructure (Technology). Over the past 5 years, CGBD returned 7.28%/yr vs 7.62%/yr for MSFT. At a 0.23 correlation, their price movements are largely independent.
Performance
CGBD vs. MSFT - Performance Comparison
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Returns By Period
In the year-to-date period, CGBD achieves a -9.69% return, which is significantly higher than MSFT's -20.02% return.
CGBD
- 1D
- 1.45%
- 1M
- -0.90%
- 6M
- -11.18%
- YTD
- -9.69%
- 1Y
- -15.25%
- 3Y*
- 0.31%
- 5Y*
- 7.28%
- 10Y*
- —
MSFT
- 1D
- 0.19%
- 1M
- -1.44%
- 6M
- -19.29%
- YTD
- -20.02%
- 1Y
- -22.88%
- 3Y*
- 5.84%
- 5Y*
- 7.62%
- 10Y*
- 23.40%
CGBD vs. MSFT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CGBD TCG BDC, Inc. | -9.69% | -21.53% | 33.53% | 18.01% | 17.70% | 49.48% | -8.34% | 21.62% | -31.01% | 20.23% |
MSFT Microsoft Corporation | -20.02% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 22.33% |
Correlation
The correlation between CGBD and MSFT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jun 14, 2017 | 0.23 |
Fundamentals
CGBD:
$731.80M
MSFT:
$2.86T
CGBD:
$1.15
MSFT:
$16.79
CGBD:
9.17
MSFT:
22.93
CGBD:
2.26
MSFT:
9.02
CGBD:
$226.59M
MSFT:
$318.27B
CGBD:
$123.55M
MSFT:
$217.41B
CGBD:
$85.61M
MSFT:
$200.96B
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Return for Risk
CGBD vs. MSFT — Risk / Return Rank
CGBD
MSFT
CGBD vs. MSFT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCG BDC, Inc. (CGBD) and Microsoft Corporation (MSFT). 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.
| CGBD | MSFT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 0.86 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.76 | -0.66 | -0.10 |
| Martin ratioReturn relative to average drawdown | -1.37 | -1.24 | -0.13 |
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Drawdowns
CGBD vs. MSFT - Drawdown Comparison
The maximum CGBD drawdown since its inception was -71.09%, roughly equal to the maximum MSFT drawdown of -69.38%. Use the drawdown chart below to compare losses from any high point for CGBD and MSFT.
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Drawdown Indicators
| CGBD | MSFT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.09% | -69.38% | -1.71% |
Max Drawdown (1Y)Largest decline over 1 year | -19.72% | -34.50% | +14.78% |
Max Drawdown (3Y)Largest decline over 3 years | -35.06% | -34.50% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -35.06% | -37.15% | +2.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.15% | — |
Current DrawdownCurrent decline from peak | -31.53% | -28.51% | -3.02% |
Average DrawdownAverage peak-to-trough decline | -12.67% | -21.80% | +9.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.90% | 18.28% | -7.38% |
Volatility
CGBD vs. MSFT - Volatility Comparison
The current volatility for TCG BDC, Inc. (CGBD) is 7.44%, while Microsoft Corporation (MSFT) has a volatility of 10.57%. This indicates that CGBD experiences smaller price fluctuations and is considered to be less risky than MSFT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CGBD | MSFT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.44% | 10.57% | -3.13% |
Volatility (6M)Calculated over the trailing 6-month period | 18.24% | 24.20% | -5.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.75% | 27.08% | -4.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.77% | 27.00% | -5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.64% | 27.16% | +7.48% |
Dividends
CGBD vs. MSFT - Dividend Comparison
CGBD's dividend yield for the trailing twelve months is around 14.72%, more than MSFT's 0.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CGBD TCG BDC, Inc. | 14.72% | 13.21% | 10.43% | 11.76% | 11.46% | 10.92% | 14.33% | 13.00% | 13.55% | 6.09% | 0.00% | 0.00% |
MSFT Microsoft Corporation | 0.92% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
Financials
CGBD vs. MSFT - Financials Comparison
This section allows you to compare key financial metrics between TCG BDC, Inc. and Microsoft 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.
Total Revenue: Total amount of money received from sales and other business activities
CGBD vs. MSFT - Profitability Comparison
CGBD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, TCG BDC, Inc. reported a gross profit of 0.00 and revenue of 64.08M. Therefore, the gross margin over that period was 0.0%.
MSFT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a gross profit of 56.06B and revenue of 82.89B. Therefore, the gross margin over that period was 67.6%.
CGBD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, TCG BDC, Inc. reported an operating income of 0.00 and revenue of 64.08M, resulting in an operating margin of 0.0%.
MSFT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported an operating income of 38.40B and revenue of 82.89B, resulting in an operating margin of 46.3%.
CGBD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, TCG BDC, Inc. reported a net income of 0.00 and revenue of 64.08M, resulting in a net margin of 0.0%.
MSFT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Microsoft Corporation reported a net income of 31.78B and revenue of 82.89B, resulting in a net margin of 38.3%.
Frequently Asked Questions
CGBD and MSFT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.57%) compared to CGBD (7.44%). In terms of maximum drawdown, CGBD dropped -71.09% vs MSFT's -69.38%.
CGBD currently has the higher Sharpe Ratio (-0.66 vs -0.84), 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.
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