MAIN vs. VBIL
MAIN (Main Street Capital Corporation) is a stock, while VBIL (Vanguard 0-3 Month Treasury Bill ETF) is Ultrashort Bond fund tracking the Bloomberg US Treasury Bills 0-3 Months Index. Over the past year, MAIN returned -7.07% vs 3.91% for VBIL. At a correlation of -0.00, they often move in opposite directions.
Performance
MAIN vs. VBIL - Performance Comparison
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Returns By Period
In the year-to-date period, MAIN achieves a -13.89% return, which is significantly lower than VBIL's 1.71% return.
MAIN
- 1D
- -0.66%
- 1M
- 1.89%
- YTD
- -13.89%
- 6M
- -11.80%
- 1Y
- -7.07%
- 3Y*
- 18.57%
- 5Y*
- 11.81%
- 10Y*
- 12.59%
VBIL
- 1D
- 0.01%
- 1M
- 0.30%
- YTD
- 1.71%
- 6M
- 1.81%
- 1Y
- 3.91%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAIN vs. VBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MAIN Main Street Capital Corporation | -13.89% | 6.21% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 1.71% | 3.73% |
Correlation
The correlation between MAIN and VBIL 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 (All Time) Calculated using the full available price history since Feb 11, 2025 | -0.00 |
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Return for Risk
MAIN vs. VBIL — Risk / Return Rank
MAIN
VBIL
MAIN vs. VBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Main Street Capital Corporation (MAIN) and Vanguard 0-3 Month Treasury Bill ETF (VBIL). 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.
| MAIN | VBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.36 | ||
| Sortino ratioReturn per unit of downside risk | -112.04 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 39.66 | -38.68 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 296.41 | -296.73 |
| Martin ratioReturn relative to average drawdown | -0.61 | 1,960.46 | -1,961.07 |
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Drawdowns
MAIN vs. VBIL - Drawdown Comparison
The maximum MAIN drawdown since its inception was -64.53%, which is greater than VBIL's maximum drawdown of -0.09%. Use the drawdown chart below to compare losses from any high point for MAIN and VBIL.
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Drawdown Indicators
| MAIN | VBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.53% | -0.09% | -64.44% |
Max Drawdown (1Y)Largest decline over 1 year | -22.43% | -0.01% | -22.42% |
Max Drawdown (3Y)Largest decline over 3 years | -22.43% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -64.53% | — | — |
Current DrawdownCurrent decline from peak | -20.96% | 0.00% | -20.96% |
Average DrawdownAverage peak-to-trough decline | -7.32% | -0.00% | -7.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.60% | 0.00% | +11.60% |
Volatility
MAIN vs. VBIL - Volatility Comparison
Main Street Capital Corporation (MAIN) has a higher volatility of 5.99% compared to Vanguard 0-3 Month Treasury Bill ETF (VBIL) at 0.05%. This indicates that MAIN's price experiences larger fluctuations and is considered to be riskier than VBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MAIN | VBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.99% | 0.05% | +5.94% |
Volatility (6M)Calculated over the trailing 6-month period | 20.14% | 0.16% | +19.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.90% | 0.22% | +24.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.55% | 0.30% | +21.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.32% | 0.30% | +27.02% |
Dividends
MAIN vs. VBIL - Dividend Comparison
MAIN's dividend yield for the trailing twelve months is around 8.58%, more than VBIL's 3.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAIN Main Street Capital Corporation | 8.58% | 7.00% | 7.02% | 8.55% | 7.97% | 5.74% | 6.99% | 6.76% | 8.43% | 7.49% | 7.42% | 9.15% |
VBIL Vanguard 0-3 Month Treasury Bill ETF | 3.65% | 3.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MAIN and VBIL 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.
MAIN has higher volatility (5.99%) compared to VBIL (0.05%). In terms of maximum drawdown, MAIN dropped -64.53% vs VBIL's -0.09%.
VBIL currently has the higher Sharpe Ratio (18.07 vs -0.29), 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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