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

Performance

HTGC vs. UTF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hercules Capital, Inc. (HTGC) and Cohen & Steers Infrastructure Fund, Inc (UTF). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HTGC achieves a -12.79% return, which is significantly lower than UTF's 17.84% return. Over the past 10 years, HTGC has outperformed UTF with an annualized return of 13.89%, while UTF has yielded a comparatively lower 11.75% annualized return.


HTGC

1D
-0.06%
1M
-0.19%
YTD
-12.79%
6M
-12.84%
1Y
-3.94%
3Y*
12.33%
5Y*
9.00%
10Y*
13.89%

UTF

1D
0.59%
1M
2.71%
YTD
17.84%
6M
19.68%
1Y
14.41%
3Y*
16.65%
5Y*
6.94%
10Y*
11.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HTGC vs. UTF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HTGC
Hercules Capital, Inc.
-12.79%3.54%33.33%42.91%-10.42%26.50%14.49%39.86%-6.86%1.86%
UTF
Cohen & Steers Infrastructure Fund, Inc
17.84%9.93%22.37%-3.83%-9.60%17.91%6.93%42.74%-9.87%34.10%

Correlation

The correlation between HTGC and UTF is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.14

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.32

Correlation (10Y)
Calculated over the trailing 10-year period

0.31

Correlation (All Time)
Calculated using the full available price history since Jun 9, 2005

0.33

The correlation between HTGC and UTF shifts across timeframes, from 0.14 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

HTGC:

$3.05B

UTF:

$2.65B

EPS

HTGC:

$1.49

UTF:

$6.79

PE Ratio

HTGC:

10.40

UTF:

4.03

PEG Ratio

HTGC:

0.32

UTF:

0.03

PS Ratio

HTGC:

5.21

UTF:

6.85

PB Ratio

HTGC:

1.37

UTF:

0.93

Total Revenue (TTM)

HTGC:

$578.18M

UTF:

$387.16M

Gross Profit (TTM)

HTGC:

$510.74M

UTF:

$388.42M

EBITDA (TTM)

HTGC:

$380.44M

UTF:

$765.72M

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Return for Risk

HTGC vs. UTF — Risk / Return Rank

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

HTGC
HTGC Risk / Return Rank: 3333
Overall Rank
HTGC Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
HTGC Sortino Ratio Rank: 2929
Sortino Ratio Rank
HTGC Omega Ratio Rank: 2929
Omega Ratio Rank
HTGC Calmar Ratio Rank: 3737
Calmar Ratio Rank
HTGC Martin Ratio Rank: 3636
Martin Ratio Rank

UTF
UTF Risk / Return Rank: 7070
Overall Rank
UTF Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
UTF Sortino Ratio Rank: 7070
Sortino Ratio Rank
UTF Omega Ratio Rank: 6868
Omega Ratio Rank
UTF Calmar Ratio Rank: 6969
Calmar Ratio Rank
UTF Martin Ratio Rank: 6767
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. UTF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hercules Capital, Inc. (HTGC) and Cohen & Steers Infrastructure Fund, Inc (UTF). 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.


HTGCUTFDifference
Sharpe ratioReturn per unit of total volatility

-1.34

Sortino ratioReturn per unit of downside risk

-1.76

Omega ratioGain probability vs. loss probability

0.99

1.20

-0.21

Calmar ratioReturn relative to maximum drawdown

-0.19

1.37

-1.56

Martin ratioReturn relative to average drawdown

-0.42

2.79

-3.21

HTGC vs. UTF - Sharpe Ratio Comparison

The current HTGC Sharpe Ratio is -0.20, which is lower than the UTF Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of HTGC and UTF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

HTGC vs. UTF - Drawdown Comparison

The maximum HTGC drawdown since its inception was -68.21%, smaller than the maximum UTF drawdown of -72.62%. Use the drawdown chart below to compare losses from any high point for HTGC and UTF.


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Drawdown Indicators


HTGCUTFDifference

Max Drawdown

Largest peak-to-trough decline

-68.21%

-72.62%

+4.41%

Max Drawdown (1Y)

Largest decline over 1 year

-24.74%

-10.33%

-14.41%

Max Drawdown (3Y)

Largest decline over 3 years

-27.97%

-21.06%

-6.91%

Max Drawdown (5Y)

Largest decline over 5 years

-36.11%

-30.28%

-5.83%

Max Drawdown (10Y)

Largest decline over 10 years

-57.54%

-52.53%

-5.01%

Current Drawdown

Current decline from peak

-17.54%

0.00%

-17.54%

Average Drawdown

Average peak-to-trough decline

-10.87%

-10.36%

-0.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

10.98%

5.05%

+5.93%

Volatility

HTGC vs. UTF - Volatility Comparison

Hercules Capital, Inc. (HTGC) has a higher volatility of 5.93% compared to Cohen & Steers Infrastructure Fund, Inc (UTF) at 2.43%. This indicates that HTGC's price experiences larger fluctuations and is considered to be riskier than UTF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HTGCUTFDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.93%

2.43%

+3.50%

Volatility (6M)

Calculated over the trailing 6-month period

20.04%

8.40%

+11.64%

Volatility (1Y)

Calculated over the trailing 1-year period

23.30%

12.40%

+10.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.74%

18.33%

+7.41%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.84%

23.34%

+4.50%

Dividends

HTGC vs. UTF - Dividend Comparison

HTGC's dividend yield for the trailing twelve months is around 11.68%, more than UTF's 6.87% yield.


PositionTTM20252024202320222021202020192018201720162015
HTGC
Hercules Capital, Inc.
11.68%9.99%9.56%11.40%13.77%9.76%9.02%9.49%11.40%9.45%8.79%10.17%
UTF
Cohen & Steers Infrastructure Fund, Inc
6.87%7.62%7.74%8.76%7.75%6.53%7.20%7.10%10.12%7.37%10.51%8.39%

Financials

HTGC vs. UTF - Financials Comparison

This section allows you to compare key financial metrics between Hercules Capital, Inc. and Cohen & Steers Infrastructure Fund, Inc. 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


0.0050.00M100.00M150.00M20222023202420252026
123.49M
144.46M
(HTGC) Total Revenue
(UTF) Total Revenue
Values in USD except per share items

Frequently Asked Questions


HTGC and UTF have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HTGC has higher volatility (5.93%) compared to UTF (2.43%). In terms of maximum drawdown, HTGC dropped -68.21% vs UTF's -72.62%.

UTF currently has the higher Sharpe Ratio (1.14 vs -0.20), 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.

Portfolio Optimizer

Find the right allocation for HTGC and UTF

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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