GLAD vs. FLTR
GLAD (Gladstone Capital Corporation) is a stock, while FLTR (VanEck IG Floating Rate ETF) is Corporate Bonds fund tracking the MVIS US Investment Grade Floating Rate Index. Over the past 10 years, GLAD returned 12.45%/yr vs 3.49%/yr for FLTR. At a 0.07 correlation, their price movements are largely independent.
Performance
GLAD vs. FLTR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GLAD achieves a -4.62% return, which is significantly lower than FLTR's 2.19% return. Over the past 10 years, GLAD has outperformed FLTR with an annualized return of 12.45%, while FLTR has yielded a comparatively lower 3.49% annualized return.
GLAD
- 1D
- 2.57%
- 1M
- -0.09%
- YTD
- -4.62%
- 6M
- -1.91%
- 1Y
- -21.84%
- 3Y*
- 9.68%
- 5Y*
- 5.03%
- 10Y*
- 12.45%
FLTR
- 1D
- 0.08%
- 1M
- 0.38%
- YTD
- 2.19%
- 6M
- 2.36%
- 1Y
- 5.25%
- 3Y*
- 6.16%
- 5Y*
- 4.55%
- 10Y*
- 3.49%
GLAD vs. FLTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLAD Gladstone Capital Corporation | -4.62% | -21.14% | 46.99% | 22.71% | -10.43% | 40.50% | -0.69% | 48.58% | -13.07% | 7.05% |
FLTR VanEck IG Floating Rate ETF | 2.19% | 5.22% | 7.38% | 7.41% | 0.74% | 0.55% | 1.44% | 5.70% | 0.30% | 2.80% |
Correlation
The correlation between GLAD and FLTR is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Apr 26, 2011 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GLAD vs. FLTR — Risk / Return Rank
GLAD
FLTR
GLAD vs. FLTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Capital Corporation (GLAD) and VanEck IG Floating Rate ETF (FLTR). 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.
| GLAD | FLTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.41 | ||
| Sortino ratioReturn per unit of downside risk | -13.26 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 3.03 | -2.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | 16.82 | -17.38 |
| Martin ratioReturn relative to average drawdown | -0.84 | 98.58 | -99.43 |
Loading charts...
Drawdowns
GLAD vs. FLTR - Drawdown Comparison
The maximum GLAD drawdown since its inception was -74.87%, which is greater than FLTR's maximum drawdown of -17.84%. Use the drawdown chart below to compare losses from any high point for GLAD and FLTR.
Loading charts...
Drawdown Indicators
| GLAD | FLTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.87% | -17.84% | -57.03% |
Max Drawdown (1Y)Largest decline over 1 year | -39.22% | -0.31% | -38.91% |
Max Drawdown (3Y)Largest decline over 3 years | -39.59% | -1.93% | -37.66% |
Max Drawdown (5Y)Largest decline over 5 years | -39.59% | -3.06% | -36.53% |
Max Drawdown (10Y)Largest decline over 10 years | -58.37% | -17.84% | -40.53% |
Current DrawdownCurrent decline from peak | -29.76% | -0.00% | -29.76% |
Average DrawdownAverage peak-to-trough decline | -18.72% | -0.67% | -18.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.98% | 0.05% | +25.93% |
Volatility
GLAD vs. FLTR - Volatility Comparison
Gladstone Capital Corporation (GLAD) has a higher volatility of 7.11% compared to VanEck IG Floating Rate ETF (FLTR) at 0.29%. This indicates that GLAD's price experiences larger fluctuations and is considered to be riskier than FLTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GLAD | FLTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 0.29% | +6.82% |
Volatility (6M)Calculated over the trailing 6-month period | 19.41% | 0.66% | +18.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.81% | 0.80% | +25.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.67% | 2.13% | +21.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.06% | 5.00% | +25.06% |
Dividends
GLAD vs. FLTR - Dividend Comparison
GLAD's dividend yield for the trailing twelve months is around 10.36%, more than FLTR's 4.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTR VanEck IG Floating Rate ETF | 4.72% | 4.97% | 5.93% | 6.07% | 2.29% | 0.63% | 1.49% | 3.05% | 2.67% | 1.69% | 1.16% | 0.71% |
GLAD Gladstone Capital Corporation | 10.36% | 9.85% | 8.37% | 9.16% | 8.42% | 6.73% | 8.97% | 8.46% | 11.51% | 9.12% | 8.95% | 11.49% |
Frequently Asked Questions
GLAD and FLTR have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLAD has higher volatility (7.11%) compared to FLTR (0.29%). In terms of maximum drawdown, GLAD dropped -74.87% vs FLTR's -17.84%.
FLTR currently has the higher Sharpe Ratio (6.56 vs -0.85), 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.
Find the right allocation for GLAD and FLTR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer