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CLOZ vs. ECCC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CLOZ and ECCC is 0.17, 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

CLOZ vs. ECCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Panagram Bbb-B Clo ETF (CLOZ) and Eagle Point Credit Company Inc. (ECCC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CLOZ:

1.78

ECCC:

0.97

Sortino Ratio

CLOZ:

2.30

ECCC:

1.43

Omega Ratio

CLOZ:

1.62

ECCC:

1.19

Calmar Ratio

CLOZ:

1.57

ECCC:

1.48

Martin Ratio

CLOZ:

7.43

ECCC:

3.57

Ulcer Index

CLOZ:

1.13%

ECCC:

2.13%

Daily Std Dev

CLOZ:

4.84%

ECCC:

7.78%

Max Drawdown

CLOZ:

-5.33%

ECCC:

-19.15%

Current Drawdown

CLOZ:

0.00%

ECCC:

-3.53%

Returns By Period

In the year-to-date period, CLOZ achieves a 1.57% return, which is significantly higher than ECCC's 0.55% return.


CLOZ

YTD

1.57%

1M

3.88%

6M

2.92%

1Y

8.57%

5Y*

N/A

10Y*

N/A

ECCC

YTD

0.55%

1M

1.06%

6M

-1.46%

1Y

7.46%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

CLOZ vs. ECCC — Risk-Adjusted Performance Rank

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

CLOZ
The Risk-Adjusted Performance Rank of CLOZ is 9393
Overall Rank
The Sharpe Ratio Rank of CLOZ is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOZ is 9393
Sortino Ratio Rank
The Omega Ratio Rank of CLOZ is 9797
Omega Ratio Rank
The Calmar Ratio Rank of CLOZ is 9090
Calmar Ratio Rank
The Martin Ratio Rank of CLOZ is 9191
Martin Ratio Rank

ECCC
The Risk-Adjusted Performance Rank of ECCC is 8181
Overall Rank
The Sharpe Ratio Rank of ECCC is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of ECCC is 7676
Sortino Ratio Rank
The Omega Ratio Rank of ECCC is 7575
Omega Ratio Rank
The Calmar Ratio Rank of ECCC is 8989
Calmar Ratio Rank
The Martin Ratio Rank of ECCC is 8181
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CLOZ vs. ECCC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Panagram Bbb-B Clo ETF (CLOZ) and Eagle Point Credit Company Inc. (ECCC). 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.


The current CLOZ Sharpe Ratio is 1.78, which is higher than the ECCC Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of CLOZ and ECCC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CLOZ vs. ECCC - Dividend Comparison

CLOZ's dividend yield for the trailing twelve months is around 8.57%, more than ECCC's 7.27% yield.


TTM2024202320222021
CLOZ
Panagram Bbb-B Clo ETF
8.57%9.09%8.81%0.00%0.00%
ECCC
Eagle Point Credit Company Inc.
7.27%7.10%7.53%7.95%3.48%

Drawdowns

CLOZ vs. ECCC - Drawdown Comparison

The maximum CLOZ drawdown since its inception was -5.33%, smaller than the maximum ECCC drawdown of -19.15%. Use the drawdown chart below to compare losses from any high point for CLOZ and ECCC. For additional features, visit the drawdowns tool.


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Volatility

CLOZ vs. ECCC - Volatility Comparison

Panagram Bbb-B Clo ETF (CLOZ) has a higher volatility of 2.21% compared to Eagle Point Credit Company Inc. (ECCC) at 1.86%. This indicates that CLOZ's price experiences larger fluctuations and is considered to be riskier than ECCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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