GLAD vs. GOOD
GLAD (Gladstone Capital Corporation) and GOOD (Gladstone Commercial Corporation) are both stocks. GLAD operates in Asset Management (Financial Services), while GOOD operates in REIT - Diversified (Real Estate). Over the past 10 years, GLAD returned 12.17%/yr vs 4.75%/yr for GOOD. At a 0.32 correlation, their price movements are largely independent.
Performance
GLAD vs. GOOD - Performance Comparison
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Returns By Period
In the year-to-date period, GLAD achieves a -7.00% return, which is significantly lower than GOOD's 16.80% return. Over the past 10 years, GLAD has outperformed GOOD with an annualized return of 12.17%, while GOOD has yielded a comparatively lower 4.75% annualized return.
GLAD
- 1D
- -1.23%
- 1M
- -2.59%
- YTD
- -7.00%
- 6M
- -5.72%
- 1Y
- -24.17%
- 3Y*
- 8.76%
- 5Y*
- 4.59%
- 10Y*
- 12.17%
GOOD
- 1D
- -0.99%
- 1M
- -5.76%
- YTD
- 16.80%
- 6M
- 17.13%
- 1Y
- -8.91%
- 3Y*
- 9.42%
- 5Y*
- -4.42%
- 10Y*
- 4.75%
GLAD vs. GOOD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLAD Gladstone Capital Corporation | -7.00% | -21.14% | 46.99% | 22.71% | -10.43% | 40.50% | -0.69% | 48.58% | -13.07% | 7.05% |
GOOD Gladstone Commercial Corporation | 16.80% | -28.11% | 33.25% | -21.63% | -22.52% | 53.53% | -9.58% | 30.74% | -7.82% | 12.41% |
Correlation
The correlation between GLAD and GOOD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Aug 14, 2003 | 0.32 |
The correlation between GLAD and GOOD shifts across timeframes, from 0.32 (all time) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
GLAD:
$1.09
GOOD:
$0.60
GLAD:
17.01
GOOD:
19.89
GLAD:
0.99
GOOD:
0.22
GLAD:
7.13
GOOD:
2.54
GLAD:
$66.59M
GOOD:
$165.74M
GLAD:
$28.95M
GOOD:
-$19.45M
GLAD:
$27.90M
GOOD:
$45.52M
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Return for Risk
GLAD vs. GOOD — Risk / Return Rank
GLAD
GOOD
GLAD vs. GOOD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gladstone Capital Corporation (GLAD) and Gladstone Commercial Corporation (GOOD). 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 | GOOD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 0.95 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.62 | -0.35 | -0.27 |
| Martin ratioReturn relative to average drawdown | -0.93 | -0.62 | -0.31 |
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Drawdowns
GLAD vs. GOOD - Drawdown Comparison
The maximum GLAD drawdown since its inception was -74.87%, which is greater than GOOD's maximum drawdown of -67.22%. Use the drawdown chart below to compare losses from any high point for GLAD and GOOD.
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Drawdown Indicators
| GLAD | GOOD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.87% | -67.22% | -7.65% |
Max Drawdown (1Y)Largest decline over 1 year | -39.22% | -25.38% | -13.84% |
Max Drawdown (3Y)Largest decline over 3 years | -39.59% | -35.29% | -4.30% |
Max Drawdown (5Y)Largest decline over 5 years | -39.59% | -53.30% | +13.71% |
Max Drawdown (10Y)Largest decline over 10 years | -58.37% | -66.25% | +7.88% |
Current DrawdownCurrent decline from peak | -31.52% | -32.06% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -18.72% | -13.46% | -5.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.91% | 14.29% | +11.62% |
Volatility
GLAD vs. GOOD - Volatility Comparison
Gladstone Capital Corporation (GLAD) has a higher volatility of 6.72% compared to Gladstone Commercial Corporation (GOOD) at 6.14%. This indicates that GLAD's price experiences larger fluctuations and is considered to be riskier than GOOD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLAD | GOOD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.72% | 6.14% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 19.27% | 16.26% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.72% | 22.11% | +3.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.64% | 25.05% | -1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.05% | 32.19% | -2.14% |
Dividends
GLAD vs. GOOD - Dividend Comparison
GLAD's dividend yield for the trailing twelve months is around 9.72%, more than GOOD's 9.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLAD Gladstone Capital Corporation | 9.72% | 9.85% | 8.37% | 9.16% | 8.42% | 6.73% | 8.97% | 8.46% | 11.51% | 9.12% | 8.95% | 11.49% |
GOOD Gladstone Commercial Corporation | 9.21% | 11.25% | 7.39% | 9.06% | 8.13% | 5.83% | 8.34% | 6.86% | 8.37% | 7.12% | 7.46% | 10.28% |
Financials
GLAD vs. GOOD - Financials Comparison
This section allows you to compare key financial metrics between Gladstone Capital Corporation and Gladstone Commercial 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
GLAD vs. GOOD - Profitability Comparison
GLAD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gladstone Capital Corporation reported a gross profit of 0.00 and revenue of 21.49M. Therefore, the gross margin over that period was 0.0%.
GOOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Gladstone Commercial Corporation reported a gross profit of 0.00 and revenue of 41.91M. Therefore, the gross margin over that period was 0.0%.
GLAD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gladstone Capital Corporation reported an operating income of 0.00 and revenue of 21.49M, resulting in an operating margin of 0.0%.
GOOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Gladstone Commercial Corporation reported an operating income of 0.00 and revenue of 41.91M, resulting in an operating margin of 0.0%.
GLAD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gladstone Capital Corporation reported a net income of 0.00 and revenue of 21.49M, resulting in a net margin of 0.0%.
GOOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Gladstone Commercial Corporation reported a net income of 6.97M and revenue of 41.91M, resulting in a net margin of 16.6%.
Frequently Asked Questions
GLAD and GOOD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLAD has higher volatility (6.72%) compared to GOOD (6.14%). In terms of maximum drawdown, GLAD dropped -74.87% vs GOOD's -67.22%.
GOOD currently has the higher Sharpe Ratio (-0.41 vs -0.94), 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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