GLAD vs. GAIN
GLAD (Gladstone Capital Corporation) and GAIN (Gladstone Investment Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, GLAD returned 11.26%/yr vs 18.54%/yr for GAIN. Their 0.48 correlation means their historical movements had little consistent relationship.
Performance
GLAD vs. GAIN - Performance Comparison
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Returns By Period
In the year-to-date period, GLAD achieves a -4.42% return, which is significantly lower than GAIN's 20.04% return. Over the past 10 years, GLAD has underperformed GAIN with an annualized return of 11.26%, while GAIN has yielded a comparatively higher 18.54% annualized return.
GLAD
- 1D
- -1.01%
- 1M
- -3.69%
- 6M
- -4.87%
- YTD
- -4.42%
- 1Y
- -24.61%
- 3Y*
- 3.41%
- 5Y*
- 4.94%
- 10Y*
- 11.26%
- ALL TIME*
- 6.63%
GAIN
- 1D
- -0.43%
- 1M
- 4.31%
- 6M
- 20.55%
- YTD
- 20.04%
- 1Y
- 24.33%
- 3Y*
- 19.96%
- 5Y*
- 14.41%
- 10Y*
- 18.54%
- ALL TIME*
- 10.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.75M | $3.16M | $4.42M | |
| $3.38M | $3.15M | $3.26M |
GLAD vs. GAIN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLAD Gladstone Capital Corporation | -4.42% | -21.14% | 46.99% | 22.71% | -10.43% | 40.50% | -0.69% | 48.58% | -13.07% | 7.05% |
GAIN Gladstone Investment Corporation | 20.04% | 17.11% | 5.33% | 31.01% | -17.55% | 82.14% | -16.56% | 53.31% | -9.67% | 44.63% |
Correlation
The correlation between GLAD and GAIN is 0.64, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.64 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2005 | 0.48 |
The correlation between GLAD and GAIN shifts across timeframes, from 0.48 (all time) to 0.64 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
GLAD:
$421.81M
GAIN:
$643.13M
GLAD:
$1.04
GAIN:
$3.34
GLAD:
17.96
GAIN:
4.84
GLAD:
1.04
GAIN:
0.11
GLAD:
7.52
GAIN:
5.60
GLAD:
$66.59M
GAIN:
$112.66M
GLAD:
$28.95M
GAIN:
$80.66M
GLAD:
$27.90M
GAIN:
$57.95M
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Return for Risk
GLAD vs. GAIN — Risk / Return Rank
GLAD
GAIN
GLAD vs. GAIN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Capital Corporation (GLAD) 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.
| GLAD | GAIN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.19 | ||
| Sortino ratioReturn per unit of downside risk | -3.06 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.24 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 1.91 | -2.63 |
| Martin ratioReturn relative to average drawdown | -1.09 | 6.23 | -7.32 |
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Drawdowns
GLAD vs. GAIN - Drawdown Comparison
The maximum GLAD drawdown since its inception was -74.87%, smaller than the maximum GAIN drawdown of -80.87%. Use the drawdown chart below to compare losses from any high point for GLAD and GAIN.
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Drawdown Indicators
| GLAD | GAIN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.87% | -80.87% | +6.00% |
Max Drawdown (1Y)Largest decline over 1 year | -35.67% | -12.75% | -22.92% |
Max Drawdown (3Y)Largest decline over 3 years | -39.59% | -14.76% | -24.83% |
Max Drawdown (5Y)Largest decline over 5 years | -39.59% | -26.26% | -13.33% |
Max Drawdown (10Y)Largest decline over 10 years | -58.37% | -56.28% | -2.09% |
Current DrawdownCurrent decline from peak | -29.62% | -3.62% | -26.00% |
Average DrawdownAverage peak-to-trough decline | -18.76% | -15.84% | -2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.90% | 3.90% | +20.00% |
Volatility
GLAD vs. GAIN - Volatility Comparison
The current volatility for Gladstone Capital Corporation (GLAD) is 5.40%, while Gladstone Investment Corporation (GAIN) has a volatility of 6.74%. This indicates that GLAD experiences smaller price fluctuations and is considered to be less risky 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
| GLAD | GAIN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 6.74% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 19.11% | 17.56% | +1.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.16% | 20.03% | +6.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.69% | 22.45% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.05% | 25.79% | +4.26% |
Dividends
GLAD vs. GAIN - Dividend Comparison
GLAD's dividend yield for the trailing twelve months is around 10.34%, more than GAIN's 5.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIN Gladstone Investment Corporation | 5.94% | 10.74% | 12.53% | 17.24% | 9.88% | 6.06% | 9.22% | 7.06% | 9.24% | 7.94% | 8.87% | 9.68% |
GLAD Gladstone Capital Corporation | 10.34% | 9.85% | 8.37% | 9.16% | 8.42% | 6.73% | 8.97% | 8.46% | 11.51% | 9.12% | 8.95% | 11.49% |
Financials
GLAD vs. GAIN - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Capital Corporation 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
GLAD and GAIN have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GAIN has higher volatility (6.74%) compared to GLAD (5.40%). In terms of maximum drawdown, GLAD dropped -74.87% vs GAIN's -80.87%.
GAIN currently has the higher Sharpe Ratio (1.22 vs -0.98), 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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