HCXY vs. RITM

Last updated Apr 1, 2026

Compare and contrast key facts about Hercules Capital, Inc. (HCXY) and Rithm Capital Corp. (RITM).

Performance

HCXY vs. RITM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hercules Capital, Inc. (HCXY) and Rithm Capital Corp. (RITM). The values are adjusted to include any dividend payments, if applicable.

HCXY vs. RITM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
HCXY Hercules Capital, Inc.	-1.26%	7.78%	6.10%	9.52%	-1.82%	5.48%	8.24%	20.03%	-2.27%
RITM Rithm Capital Corp.	-13.03%	10.06%	11.07%	45.60%	-14.44%	17.07%	-34.36%	28.46%	-16.85%

Fundamentals

Market Cap HCXY : $4.68B RITM : $4.74T
EPS HCXY : $0.00 RITM : $0.00
PS Ratio HCXY : 10.05 RITM : 1.41K
PB Ratio HCXY : 2.11 RITM : 626.63
Total Revenue (TTM) HCXY : $471.60M RITM : $1.12B
Gross Profit (TTM) HCXY : $421.71M RITM : $3.30B
EBITDA (TTM) HCXY : $109.01M RITM : $903.62M

Returns By Period

In the year-to-date period, HCXY achieves a -1.26% return, which is significantly higher than RITM's -13.03% return.

HCXY

• 1D: -0.48%
• 1M: -1.10%
• YTD: -1.26%
• 6M: 1.14%
• 1Y: 4.52%
• 3Y*: 7.71%
• 5Y*: 4.87%
• 10Y*: —

RITM

• 1D: 3.16%
• 1M: -5.67%
• YTD: -13.03%
• 6M: -12.94%
• 1Y: -11.45%
• 3Y*: 15.27%
• 5Y*: 6.19%
• 10Y*: 8.38%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HCXY vs. RITM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HCXY

HCXY Risk / Return Rank: 61
HCXY Sharpe Ratio Rank: 61
HCXY Sortino Ratio Rank: 51
HCXY Omega Ratio Rank: 52
HCXY Calmar Ratio Rank: 70
HCXY Martin Ratio Rank: 71

RITM

RITM Risk / Return Rank: 24
RITM Sharpe Ratio Rank: 22
RITM Sortino Ratio Rank: 21
RITM Omega Ratio Rank: 20
RITM Calmar Ratio Rank: 32
RITM Martin Ratio Rank: 27

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HCXY vs. RITM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hercules Capital, Inc. (HCXY) and Rithm Capital Corp. (RITM). 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.

	HCXY	RITM	Difference
Sharpe ratio Return per unit of total volatility	0.53	-0.45	+0.98
Sortino ratio Return per unit of downside risk	0.84	-0.45	+1.29
Omega ratio Gain probability vs. loss probability	1.11	0.94	+0.18
Calmar ratio Return relative to maximum drawdown	1.41	-0.33	+1.74
Martin ratio Return relative to average drawdown	3.62	-0.91	+4.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HCXY vs. RITM - Sharpe Ratio Comparison

The current HCXY Sharpe Ratio is 0.53, which is higher than the RITM Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of HCXY and RITM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HCXY	RITM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.53	-0.45	+0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.23	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.21	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.38	0.22	+0.16

Correlation

The correlation between HCXY and RITM is 0.09, 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.

Dividends

HCXY vs. RITM - Dividend Comparison

HCXY's dividend yield for the trailing twelve months is around 6.31%, less than RITM's 7.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HCXY Hercules Capital, Inc.	6.31%	6.13%	6.21%	6.19%	6.35%	5.86%	5.83%	5.93%	0.67%	0.00%	0.00%	0.00%
RITM Rithm Capital Corp.	7.91%	9.17%	9.23%	9.36%	12.24%	8.40%	5.03%	12.41%	14.07%	11.07%	11.70%	14.39%

Drawdowns

HCXY vs. RITM - Drawdown Comparison

The maximum HCXY drawdown since its inception was -34.76%, smaller than the maximum RITM drawdown of -81.11%. Use the drawdown chart below to compare losses from any high point for HCXY and RITM.

Drawdown Indicators

	HCXY	RITM	Difference
Max Drawdown Largest peak-to-trough decline	-34.76%	-81.11%	+46.35%
Max Drawdown (1Y) Largest decline over 1 year	-3.20%	-27.31%	+24.11%
Max Drawdown (5Y) Largest decline over 5 years	-15.23%	-36.61%	+21.38%
Max Drawdown (10Y) Largest decline over 10 years	—	-81.11%	—
Current Drawdown Current decline from peak	-3.20%	-21.42%	+18.22%
Average Drawdown Average peak-to-trough decline	-2.72%	-15.92%	+13.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.25%	9.89%	-8.64%

Volatility

HCXY vs. RITM - Volatility Comparison

The current volatility for Hercules Capital, Inc. (HCXY) is 1.66%, while Rithm Capital Corp. (RITM) has a volatility of 8.39%. This indicates that HCXY experiences smaller price fluctuations and is considered to be less risky than RITM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HCXY	RITM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.66%	8.39%	-6.73%
Volatility (6M) Calculated over the trailing 6-month period	5.52%	17.49%	-11.97%
Volatility (1Y) Calculated over the trailing 1-year period	8.56%	25.57%	-17.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.33%	27.45%	-14.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.62%	40.11%	-22.49%

Financials