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IPX.L vs. BXSL
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

IPX.L vs. BXSL - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Impax Asset Management Group plc (IPX.L) and Blackstone Secured Lending Fund (BXSL). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

IPX.L is traded in GBp, while BXSL is traded in USD. To make them comparable, the BXSL values have been converted to GBp using the latest available exchange rates.

Returns By Period

In the year-to-date period, IPX.L achieves a -29.71% return, which is significantly lower than BXSL's -6.21% return.


IPX.L

1D
2.94%
1M
3.58%
YTD
-29.71%
6M
-27.81%
1Y
-43.43%
3Y*
-40.97%
5Y*
-33.99%
10Y*
12.14%

BXSL

1D
2.32%
1M
-3.70%
YTD
-6.21%
6M
-11.05%
1Y
-14.50%
3Y*
5.12%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

IPX.L vs. BXSL - Yearly Performance Comparison


2026 (YTD)20252024202320222021
IPX.L
Impax Asset Management Group plc
-29.71%-29.43%-52.49%-21.30%-49.68%34.55%
BXSL
Blackstone Secured Lending Fund
-6.21%-15.82%31.27%30.93%-17.23%27.37%

Correlation

The correlation between IPX.L and BXSL is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


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

0.05

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

0.07

Correlation (All Time)
Calculated using the full available price history since Oct 29, 2021

0.06

Fundamentals

Market Cap

IPX.L:

£124.54M

BXSL:

$5.53B

EPS

IPX.L:

£0.35

BXSL:

$1.80

PE Ratio

IPX.L:

2.89

BXSL:

13.23

PS Ratio

IPX.L:

0.44

BXSL:

7.74

PB Ratio

IPX.L:

1.17

BXSL:

0.91

Total Revenue (TTM)

IPX.L:

£287.01M

BXSL:

$706.98M

Gross Profit (TTM)

IPX.L:

£225.50M

BXSL:

$831.73M

EBITDA (TTM)

IPX.L:

£72.26M

BXSL:

$525.53M

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Return for Risk

IPX.L vs. BXSL — Risk / Return Rank

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

IPX.L
IPX.L Risk / Return Rank: 66
Overall Rank
IPX.L Sharpe Ratio Rank: 55
Sharpe Ratio Rank
IPX.L Sortino Ratio Rank: 88
Sortino Ratio Rank
IPX.L Omega Ratio Rank: 66
Omega Ratio Rank
IPX.L Calmar Ratio Rank: 1010
Calmar Ratio Rank
IPX.L Martin Ratio Rank: 44
Martin Ratio Rank

BXSL
BXSL Risk / Return Rank: 1515
Overall Rank
BXSL Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
BXSL Sortino Ratio Rank: 1111
Sortino Ratio Rank
BXSL Omega Ratio Rank: 1414
Omega Ratio Rank
BXSL Calmar Ratio Rank: 1818
Calmar Ratio Rank
BXSL Martin Ratio Rank: 2222
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.

IPX.L vs. BXSL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Impax Asset Management Group plc (IPX.L) and Blackstone Secured Lending Fund (BXSL). 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.


IPX.LBXSLDifference
Sharpe ratioReturn per unit of total volatility

-0.30

Sortino ratioReturn per unit of downside risk

-0.38

Omega ratioGain probability vs. loss probability

0.81

0.90

-0.09

Calmar ratioReturn relative to maximum drawdown

-0.82

-0.62

-0.20

Martin ratioReturn relative to average drawdown

-1.61

-0.95

-0.66

IPX.L vs. BXSL - Sharpe Ratio Comparison

The current IPX.L Sharpe Ratio is -1.00, which is lower than the BXSL Sharpe Ratio of -0.71. The chart below compares the historical Sharpe Ratios of IPX.L and BXSL, 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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Sharpe Ratios by Period


IPX.LBXSLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.00

-0.71

-0.30

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.71

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.12

0.34

-0.22

Drawdowns

IPX.L vs. BXSL - Drawdown Comparison

The maximum IPX.L drawdown since its inception was -93.18%, which is greater than BXSL's maximum drawdown of -29.12%. Use the drawdown chart below to compare losses from any high point for IPX.L and BXSL.


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Drawdown Indicators


IPX.LBXSLDifference

Max Drawdown

Largest peak-to-trough decline

-93.18%

-29.12%

-64.06%

Max Drawdown (1Y)

Largest decline over 1 year

-52.68%

-23.47%

-29.21%

Max Drawdown (3Y)

Largest decline over 3 years

-81.50%

-29.12%

-52.38%

Max Drawdown (5Y)

Largest decline over 5 years

-91.40%

Max Drawdown (10Y)

Largest decline over 10 years

-91.40%

Current Drawdown

Current decline from peak

-90.73%

-25.63%

-65.10%

Average Drawdown

Average peak-to-trough decline

-40.62%

-12.97%

-27.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.93%

15.25%

+11.68%

Volatility

IPX.L vs. BXSL - Volatility Comparison

Impax Asset Management Group plc (IPX.L) has a higher volatility of 10.59% compared to Blackstone Secured Lending Fund (BXSL) at 6.17%. This indicates that IPX.L's price experiences larger fluctuations and is considered to be riskier than BXSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IPX.LBXSLDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.59%

6.17%

+4.42%

Volatility (6M)

Calculated over the trailing 6-month period

37.91%

16.44%

+21.47%

Volatility (1Y)

Calculated over the trailing 1-year period

43.18%

20.55%

+22.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

47.91%

24.09%

+23.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.37%

24.09%

+23.28%

Dividends

IPX.L vs. BXSL - Dividend Comparison

IPX.L's dividend yield for the trailing twelve months is around 11.83%, less than BXSL's 12.94% yield.


PositionTTM20252024202320222021202020192018201720162015
BXSL
Blackstone Secured Lending Fund
12.94%11.70%9.53%10.64%13.02%1.56%0.00%0.00%0.00%0.00%0.00%0.00%
IPX.L
Impax Asset Management Group plc
11.83%17.70%11.17%5.02%3.00%0.71%0.83%1.16%2.86%1.33%3.36%3.60%

Financials

IPX.L vs. BXSL - Financials Comparison

This section allows you to compare key financial metrics between Impax Asset Management Group plc and Blackstone Secured Lending Fund. 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


0.0050.00M100.00M150.00M200.00M250.00M300.00M20222023202420252026
59.67M
0
(IPX.L) Total Revenue
(BXSL) Total Revenue
Please note, different currencies. IPX.L values in GBp, BXSL values in USD

Frequently Asked Questions


IPX.L and BXSL have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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