DMLP vs. GAIN
DMLP (Dorchester Minerals, L.P.) and GAIN (Gladstone Investment Corporation) are both stocks. DMLP operates in Oil & Gas E&P (Energy), while GAIN operates in Asset Management (Financial Services). Over the past 10 years, DMLP returned 16.68%/yr vs 18.56%/yr for GAIN. At a 0.18 correlation, their price movements are largely independent.
Performance
DMLP vs. GAIN - Performance Comparison
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Returns By Period
In the year-to-date period, DMLP achieves a 21.02% return, which is significantly higher than GAIN's 8.56% return. Over the past 10 years, DMLP has underperformed GAIN with an annualized return of 16.68%, while GAIN has yielded a comparatively higher 18.56% annualized return.
DMLP
- 1D
- 3.24%
- 1M
- -6.04%
- YTD
- 21.02%
- 6M
- 21.57%
- 1Y
- 2.66%
- 3Y*
- 6.48%
- 5Y*
- 21.91%
- 10Y*
- 16.68%
GAIN
- 1D
- -0.14%
- 1M
- -7.17%
- YTD
- 8.56%
- 6M
- 10.38%
- 1Y
- 11.56%
- 3Y*
- 19.05%
- 5Y*
- 12.21%
- 10Y*
- 18.56%
DMLP vs. GAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DMLP Dorchester Minerals, L.P. | 21.02% | -25.92% | 16.59% | 18.99% | 71.68% | 98.93% | -37.39% | 48.52% | 6.12% | -6.93% |
GAIN Gladstone Investment Corporation | 8.56% | 17.11% | 5.33% | 31.01% | -17.55% | 82.14% | -16.56% | 53.31% | -9.67% | 44.63% |
Correlation
The correlation between DMLP and GAIN is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2005 | 0.18 |
The correlation between DMLP and GAIN shifts across timeframes, from 0.07 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
DMLP:
$1.44
GAIN:
$3.40
DMLP:
17.89
GAIN:
4.34
DMLP:
7.31
GAIN:
5.02
DMLP:
$168.54M
GAIN:
$112.66M
DMLP:
$65.71M
GAIN:
$80.66M
DMLP:
$110.16M
GAIN:
$57.95M
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Return for Risk
DMLP vs. GAIN — Risk / Return Rank
DMLP
GAIN
DMLP vs. GAIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dorchester Minerals, L.P. (DMLP) and Gladstone Investment Corporation (GAIN). 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.
| DMLP | GAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.13 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.13 | 0.91 | -0.78 |
| Martin ratioReturn relative to average drawdown | 0.31 | 3.42 | -3.11 |
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Drawdowns
DMLP vs. GAIN - Drawdown Comparison
The maximum DMLP drawdown since its inception was -72.35%, smaller than the maximum GAIN drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for DMLP and GAIN.
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Drawdown Indicators
| DMLP | GAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.35% | -80.87% | +8.52% |
Max Drawdown (1Y)Largest decline over 1 year | -20.01% | -12.75% | -7.26% |
Max Drawdown (3Y)Largest decline over 3 years | -32.31% | -14.76% | -17.55% |
Max Drawdown (5Y)Largest decline over 5 years | -32.31% | -26.26% | -6.05% |
Max Drawdown (10Y)Largest decline over 10 years | -56.80% | -56.28% | -0.52% |
Current DrawdownCurrent decline from peak | -13.84% | -12.75% | -1.09% |
Average DrawdownAverage peak-to-trough decline | -19.86% | -15.90% | -3.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 3.39% | +5.10% |
Volatility
DMLP vs. GAIN - Volatility Comparison
Dorchester Minerals, L.P. (DMLP) has a higher volatility of 7.90% compared to Gladstone Investment Corporation (GAIN) at 6.40%. This indicates that DMLP's price experiences larger fluctuations and is considered to be riskier than GAIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DMLP | GAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.90% | 6.40% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 17.40% | 16.64% | +0.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.41% | 19.02% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.67% | 22.30% | +7.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.77% | 25.72% | +6.05% |
Dividends
DMLP vs. GAIN - Dividend Comparison
DMLP's dividend yield for the trailing twelve months is around 9.84%, more than GAIN's 5.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMLP Dorchester Minerals, L.P. | 9.84% | 12.41% | 10.46% | 10.67% | 11.68% | 7.75% | 12.75% | 10.32% | 11.87% | 7.60% | 4.88% | 11.67% |
GAIN Gladstone Investment Corporation | 5.96% | 10.74% | 12.53% | 17.24% | 9.88% | 6.06% | 9.22% | 7.06% | 9.24% | 7.94% | 8.87% | 9.68% |
Financials
DMLP vs. GAIN - Financials Comparison
This section allows you to compare key financial metrics between Dorchester Minerals, L.P. and Gladstone 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
DMLP and GAIN have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DMLP has higher volatility (7.90%) compared to GAIN (6.40%). In terms of maximum drawdown, DMLP dropped -72.35% vs GAIN's -80.87%.
GAIN currently has the higher Sharpe Ratio (0.61 vs 0.11), 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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