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HTGC vs. TPVG
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

HTGC vs. TPVG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hercules Capital, Inc. (HTGC) and TriplePoint Venture Growth BDC Corp. (TPVG). The values are adjusted to include any dividend payments, if applicable.

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HTGC vs. TPVG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HTGC
Hercules Capital, Inc.
-18.99%3.54%33.33%42.91%-10.42%26.50%14.49%39.86%-6.86%1.86%
TPVG
TriplePoint Venture Growth BDC Corp.
-20.21%3.93%-20.01%20.29%-34.65%50.54%5.70%44.22%-2.83%19.62%

Fundamentals

Market Cap

HTGC:

$2.79B

TPVG:

$201.61M

EPS

HTGC:

$0.00

TPVG:

$1.02

PS Ratio

HTGC:

6.25

TPVG:

2.33

PB Ratio

HTGC:

1.26

TPVG:

0.57

Total Revenue (TTM)

HTGC:

$451.96M

TPVG:

$86.43M

Gross Profit (TTM)

HTGC:

$388.62M

TPVG:

$47.67M

EBITDA (TTM)

HTGC:

$245.95M

TPVG:

$41.10M

Returns By Period

In the year-to-date period, HTGC achieves a -18.99% return, which is significantly higher than TPVG's -20.21% return. Over the past 10 years, HTGC has outperformed TPVG with an annualized return of 12.98%, while TPVG has yielded a comparatively lower 5.43% annualized return.


HTGC

1D
4.01%
1M
3.94%
YTD
-18.99%
6M
-17.22%
1Y
-14.23%
3Y*
16.72%
5Y*
9.21%
10Y*
12.98%

TPVG

1D
5.72%
1M
0.54%
YTD
-20.21%
6M
-5.98%
1Y
-15.89%
3Y*
-12.75%
5Y*
-7.48%
10Y*
5.43%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

HTGC vs. TPVG — Risk / Return Rank

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

HTGC
HTGC Risk / Return Rank: 1717
Overall Rank
HTGC Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
HTGC Sortino Ratio Rank: 1818
Sortino Ratio Rank
HTGC Omega Ratio Rank: 1818
Omega Ratio Rank
HTGC Calmar Ratio Rank: 2323
Calmar Ratio Rank
HTGC Martin Ratio Rank: 99
Martin Ratio Rank

TPVG
TPVG Risk / Return Rank: 2121
Overall Rank
TPVG Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
TPVG Sortino Ratio Rank: 2020
Sortino Ratio Rank
TPVG Omega Ratio Rank: 2121
Omega Ratio Rank
TPVG Calmar Ratio Rank: 2424
Calmar Ratio Rank
TPVG Martin Ratio Rank: 1919
Martin Ratio Rank
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.

HTGC vs. TPVG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hercules Capital, Inc. (HTGC) and TriplePoint Venture Growth BDC Corp. (TPVG). 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.


HTGCTPVGDifference

Sharpe ratio

Return per unit of total volatility

-0.56

-0.47

-0.09

Sortino ratio

Return per unit of downside risk

-0.62

-0.46

-0.16

Omega ratio

Gain probability vs. loss probability

0.92

0.94

-0.03

Calmar ratio

Return relative to maximum drawdown

-0.58

-0.54

-0.04

Martin ratio

Return relative to average drawdown

-1.54

-1.19

-0.35

HTGC vs. TPVG - Sharpe Ratio Comparison

The current HTGC Sharpe Ratio is -0.56, which is comparable to the TPVG Sharpe Ratio of -0.47. The chart below compares the historical Sharpe Ratios of HTGC and TPVG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HTGCTPVGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.56

-0.47

-0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.36

-0.24

+0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.08

+0.39

Sharpe Ratio (All Time)

Calculated using the full available price history

0.35

0.05

+0.30

Correlation

The correlation between HTGC and TPVG is 0.45, 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.


Dividends

HTGC vs. TPVG - Dividend Comparison

HTGC's dividend yield for the trailing twelve months is around 12.73%, less than TPVG's 20.24% yield.


TTM20252024202320222021202020192018201720162015
HTGC
Hercules Capital, Inc.
12.73%9.99%9.56%11.40%13.77%9.76%9.02%9.49%11.40%9.45%8.79%10.17%
TPVG
TriplePoint Venture Growth BDC Corp.
20.24%16.51%18.97%14.73%14.86%8.02%11.81%10.13%14.14%11.35%12.22%12.04%

Drawdowns

HTGC vs. TPVG - Drawdown Comparison

The maximum HTGC drawdown since its inception was -68.21%, smaller than the maximum TPVG drawdown of -81.78%. Use the drawdown chart below to compare losses from any high point for HTGC and TPVG.


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Drawdown Indicators


HTGCTPVGDifference

Max Drawdown

Largest peak-to-trough decline

-68.21%

-81.78%

+13.57%

Max Drawdown (1Y)

Largest decline over 1 year

-24.74%

-31.61%

+6.87%

Max Drawdown (5Y)

Largest decline over 5 years

-36.11%

-54.79%

+18.68%

Max Drawdown (10Y)

Largest decline over 10 years

-57.54%

-81.78%

+24.24%

Current Drawdown

Current decline from peak

-23.41%

-49.87%

+26.46%

Average Drawdown

Average peak-to-trough decline

-10.79%

-17.98%

+7.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.38%

14.43%

-5.05%

Volatility

HTGC vs. TPVG - Volatility Comparison

The current volatility for Hercules Capital, Inc. (HTGC) is 8.67%, while TriplePoint Venture Growth BDC Corp. (TPVG) has a volatility of 13.29%. This indicates that HTGC experiences smaller price fluctuations and is considered to be less risky than TPVG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HTGCTPVGDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.67%

13.29%

-4.62%

Volatility (6M)

Calculated over the trailing 6-month period

19.68%

22.64%

-2.96%

Volatility (1Y)

Calculated over the trailing 1-year period

25.56%

34.20%

-8.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.66%

31.01%

-5.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.76%

67.60%

-39.84%

Financials

HTGC vs. TPVG - Financials Comparison

This section allows you to compare key financial metrics between Hercules Capital, Inc. and TriplePoint Venture Growth BDC Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
62.62M
22.54M
(HTGC) Total Revenue
(TPVG) Total Revenue
Values in USD except per share items