ICMB vs. NMFC
ICMB (Investcorp Credit Management BDC, Inc.) and NMFC (New Mountain Finance Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, ICMB returned -11.13%/yr vs 4.31%/yr for NMFC. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
ICMB vs. NMFC - Performance Comparison
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Returns By Period
In the year-to-date period, ICMB achieves a -71.48% return, which is significantly lower than NMFC's -19.39% return. Over the past 10 years, ICMB has underperformed NMFC with an annualized return of -11.13%, while NMFC has yielded a comparatively higher 4.31% annualized return.
ICMB
- 1D
- -1.18%
- 1M
- -20.95%
- 6M
- -74.16%
- YTD
- -71.48%
- 1Y
- -70.11%
- 3Y*
- -32.92%
- 5Y*
- -24.18%
- 10Y*
- -11.13%
- ALL TIME*
- -10.14%
NMFC
- 1D
- -0.29%
- 1M
- -3.64%
- 6M
- -13.77%
- YTD
- -19.39%
- 1Y
- -23.83%
- 3Y*
- -7.63%
- 5Y*
- -1.81%
- 10Y*
- 4.31%
- ALL TIME*
- 6.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $24.35K | $49.37K | $104.10K | |
| $3.57M | $3.93M | $4.62M |
ICMB vs. NMFC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICMB Investcorp Credit Management BDC, Inc. | -71.48% | 5.92% | 0.74% | 19.01% | -18.96% | 15.99% | -16.38% | 23.01% | -13.98% | -2.71% |
NMFC New Mountain Finance Corporation | -19.39% | -7.17% | -0.95% | 15.47% | -0.55% | 31.94% | -7.13% | 20.64% | 2.78% | 5.71% |
Correlation
The correlation between ICMB and NMFC is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2014 | 0.14 |
The correlation between ICMB and NMFC shifts across timeframes, from 0.03 (1 year) to 0.14 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ICMB:
$11.11M
NMFC:
$650.78M
ICMB:
-$0.98
NMFC:
$373.27
ICMB:
0.85
NMFC:
1.79
ICMB:
$6.51M
NMFC:
$315.55M
ICMB:
$729.57K
NMFC:
$203.95M
ICMB:
-$9.28M
NMFC:
$106.53M
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Return for Risk
ICMB vs. NMFC — Risk / Return Rank
ICMB
NMFC
ICMB vs. NMFC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Investcorp Credit Management BDC, Inc. (ICMB) and New Mountain Finance Corporation (NMFC). 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.
| ICMB | NMFC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 0.69 | 0.84 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | -0.94 | 0.00 |
| Martin ratioReturn relative to average drawdown | -2.00 | -1.72 | -0.28 |
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Drawdowns
ICMB vs. NMFC - Drawdown Comparison
The maximum ICMB drawdown since its inception was -80.34%, which is greater than NMFC's maximum drawdown of -64.16%. Use the drawdown chart below to compare losses from any high point for ICMB and NMFC.
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Drawdown Indicators
| ICMB | NMFC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.34% | -64.16% | -16.18% |
Max Drawdown (1Y)Largest decline over 1 year | -75.55% | -26.30% | -49.25% |
Max Drawdown (3Y)Largest decline over 3 years | -75.55% | -30.61% | -44.94% |
Max Drawdown (5Y)Largest decline over 5 years | -76.50% | -30.61% | -45.89% |
Max Drawdown (10Y)Largest decline over 10 years | -80.34% | -64.16% | -16.18% |
Current DrawdownCurrent decline from peak | -76.12% | -29.90% | -46.22% |
Average DrawdownAverage peak-to-trough decline | -19.94% | -5.66% | -14.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.27% | 14.33% | +20.94% |
Volatility
ICMB vs. NMFC - Volatility Comparison
Investcorp Credit Management BDC, Inc. (ICMB) has a higher volatility of 18.67% compared to New Mountain Finance Corporation (NMFC) at 6.78%. This indicates that ICMB's price experiences larger fluctuations and is considered to be riskier than NMFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICMB | NMFC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.67% | 6.78% | +11.89% |
Volatility (6M)Calculated over the trailing 6-month period | 56.11% | 19.05% | +37.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.52% | 23.92% | +33.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.16% | 18.70% | +22.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.33% | 26.03% | +19.30% |
Dividends
ICMB vs. NMFC - Dividend Comparison
ICMB's dividend yield for the trailing twelve months is around 36.36%, more than NMFC's 17.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICMB Investcorp Credit Management BDC, Inc. | 36.36% | 19.26% | 17.82% | 17.72% | 17.02% | 12.73% | 15.93% | 14.93% | 16.00% | 12.27% | 15.12% | 18.14% |
NMFC New Mountain Finance Corporation | 17.56% | 13.90% | 12.17% | 11.40% | 9.86% | 8.76% | 10.92% | 9.90% | 10.81% | 10.04% | 9.65% | 10.45% |
Financials
ICMB vs. NMFC - Financials Comparison
This section allows you to compare key financial metrics between Investcorp Credit Management BDC, Inc. and New Mountain Finance 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
Frequently Asked Questions
ICMB and NMFC have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICMB has higher volatility (18.67%) compared to NMFC (6.78%). In terms of maximum drawdown, ICMB dropped -80.34% vs NMFC's -64.16%.
NMFC currently has the higher Sharpe Ratio (-1.03 vs -1.23), 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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