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GLAD vs. VYM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GLAD and VYM is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

GLAD vs. VYM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gladstone Capital Corporation (GLAD) and Vanguard High Dividend Yield ETF (VYM). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
213.84%
339.09%
GLAD
VYM

Key characteristics

Sharpe Ratio

GLAD:

2.48

VYM:

1.62

Sortino Ratio

GLAD:

3.00

VYM:

2.29

Omega Ratio

GLAD:

1.44

VYM:

1.29

Calmar Ratio

GLAD:

3.72

VYM:

3.13

Martin Ratio

GLAD:

10.23

VYM:

10.12

Ulcer Index

GLAD:

4.33%

VYM:

1.74%

Daily Std Dev

GLAD:

17.86%

VYM:

10.86%

Max Drawdown

GLAD:

-74.87%

VYM:

-56.98%

Current Drawdown

GLAD:

-1.94%

VYM:

-5.62%

Returns By Period

In the year-to-date period, GLAD achieves a 40.58% return, which is significantly higher than VYM's 16.32% return. Over the past 10 years, GLAD has outperformed VYM with an annualized return of 14.87%, while VYM has yielded a comparatively lower 9.61% annualized return.


GLAD

YTD

40.58%

1M

5.23%

6M

27.04%

1Y

44.08%

5Y*

16.01%

10Y*

14.87%

VYM

YTD

16.32%

1M

-3.19%

6M

7.77%

1Y

16.71%

5Y*

9.55%

10Y*

9.61%

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Risk-Adjusted Performance

GLAD vs. VYM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gladstone Capital Corporation (GLAD) and Vanguard High Dividend Yield ETF (VYM). 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.


Sharpe ratio
The chart of Sharpe ratio for GLAD, currently valued at 2.48, compared to the broader market-4.00-2.000.002.002.481.62
The chart of Sortino ratio for GLAD, currently valued at 3.00, compared to the broader market-4.00-2.000.002.004.003.002.29
The chart of Omega ratio for GLAD, currently valued at 1.44, compared to the broader market0.501.001.502.001.441.29
The chart of Calmar ratio for GLAD, currently valued at 3.72, compared to the broader market0.002.004.006.003.723.13
The chart of Martin ratio for GLAD, currently valued at 10.23, compared to the broader market0.0010.0020.0010.2310.12
GLAD
VYM

The current GLAD Sharpe Ratio is 2.48, which is higher than the VYM Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of GLAD and VYM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.48
1.62
GLAD
VYM

Dividends

GLAD vs. VYM - Dividend Comparison

GLAD's dividend yield for the trailing twelve months is around 8.11%, more than VYM's 1.99% yield.


TTM20232022202120202019201820172016201520142013
GLAD
Gladstone Capital Corporation
8.11%9.19%8.45%6.73%8.97%8.46%11.51%9.12%8.95%11.49%10.16%8.78%
VYM
Vanguard High Dividend Yield ETF
1.99%3.12%3.01%2.76%3.18%3.03%3.40%2.80%2.91%3.22%2.78%2.81%

Drawdowns

GLAD vs. VYM - Drawdown Comparison

The maximum GLAD drawdown since its inception was -74.87%, which is greater than VYM's maximum drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for GLAD and VYM. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.94%
-5.62%
GLAD
VYM

Volatility

GLAD vs. VYM - Volatility Comparison

Gladstone Capital Corporation (GLAD) has a higher volatility of 5.58% compared to Vanguard High Dividend Yield ETF (VYM) at 3.76%. This indicates that GLAD's price experiences larger fluctuations and is considered to be riskier than VYM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.58%
3.76%
GLAD
VYM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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