GECC vs. PRFRX
Compare and contrast key facts about Great Elm Capital Corp. (GECC) and T. Rowe Price Floating Rate Fund (PRFRX).
PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GECC or PRFRX.
Correlation
The correlation between GECC and PRFRX is 0.08, 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
GECC vs. PRFRX - Performance Comparison
Key characteristics
GECC:
0.57
PRFRX:
5.05
GECC:
0.98
PRFRX:
19.59
GECC:
1.12
PRFRX:
5.92
GECC:
0.21
PRFRX:
21.97
GECC:
2.89
PRFRX:
108.75
GECC:
4.84%
PRFRX:
0.15%
GECC:
24.62%
PRFRX:
3.23%
GECC:
-78.52%
PRFRX:
-19.67%
GECC:
-59.65%
PRFRX:
-0.21%
Returns By Period
GECC
-3.09%
-3.09%
11.92%
13.06%
-15.67%
N/A
PRFRX
0.00%
0.00%
6.50%
15.81%
11.40%
8.87%
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Risk-Adjusted Performance
GECC vs. PRFRX — Risk-Adjusted Performance Rank
GECC
PRFRX
GECC vs. PRFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Great Elm Capital Corp. (GECC) and T. Rowe Price Floating Rate Fund (PRFRX). 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.
Dividends
GECC vs. PRFRX - Dividend Comparison
GECC's dividend yield for the trailing twelve months is around 13.62%, less than PRFRX's 14.28% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Great Elm Capital Corp. | 13.62% | 13.19% | 14.09% | 23.52% | 13.00% | 9.45% | 13.13% | 15.88% | 11.87% | 1.39% | 0.00% | 0.00% |
T. Rowe Price Floating Rate Fund | 14.28% | 15.72% | 16.65% | 10.41% | 7.41% | 8.01% | 9.31% | 8.55% | 6.74% | 4.08% | 4.08% | 3.85% |
Drawdowns
GECC vs. PRFRX - Drawdown Comparison
The maximum GECC drawdown since its inception was -78.52%, which is greater than PRFRX's maximum drawdown of -19.67%. Use the drawdown chart below to compare losses from any high point for GECC and PRFRX. For additional features, visit the drawdowns tool.
Volatility
GECC vs. PRFRX - Volatility Comparison
Great Elm Capital Corp. (GECC) has a higher volatility of 7.06% compared to T. Rowe Price Floating Rate Fund (PRFRX) at 0.66%. This indicates that GECC's price experiences larger fluctuations and is considered to be riskier than PRFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.