PortfoliosLab logo
MSDL vs. BXSL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between MSDL and BXSL is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

MSDL vs. BXSL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Direct Lending Fund (MSDL) and Blackstone Secured Lending Fund (BXSL). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%December2025FebruaryMarchAprilMay
6.82%
17.62%
MSDL
BXSL

Key characteristics

Sharpe Ratio

MSDL:

0.01

BXSL:

0.15

Sortino Ratio

MSDL:

0.18

BXSL:

0.34

Omega Ratio

MSDL:

1.02

BXSL:

1.05

Calmar Ratio

MSDL:

0.01

BXSL:

0.16

Martin Ratio

MSDL:

0.03

BXSL:

0.57

Ulcer Index

MSDL:

9.96%

BXSL:

5.50%

Daily Std Dev

MSDL:

24.43%

BXSL:

21.03%

Max Drawdown

MSDL:

-18.12%

BXSL:

-36.80%

Current Drawdown

MSDL:

-10.66%

BXSL:

-12.00%

Fundamentals

Market Cap

MSDL:

$1.71B

BXSL:

$6.80B

PE Ratio

MSDL:

7.99

BXSL:

8.65

PS Ratio

MSDL:

6.80

BXSL:

5.12

PB Ratio

MSDL:

0.93

BXSL:

1.12

Total Revenue (TTM)

MSDL:

$227.04M

BXSL:

$655.02M

Gross Profit (TTM)

MSDL:

$210.64M

BXSL:

$585.56M

EBITDA (TTM)

MSDL:

$88.35M

BXSL:

$525.37M

Returns By Period

In the year-to-date period, MSDL achieves a -3.72% return, which is significantly higher than BXSL's -6.04% return.


MSDL

YTD

-3.72%

1M

-3.34%

6M

2.25%

1Y

-0.66%

5Y*

N/A

10Y*

N/A

BXSL

YTD

-6.04%

1M

-6.44%

6M

1.61%

1Y

1.42%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

MSDL vs. BXSL — Risk-Adjusted Performance Rank

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

MSDL
The Risk-Adjusted Performance Rank of MSDL is 4646
Overall Rank
The Sharpe Ratio Rank of MSDL is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of MSDL is 4141
Sortino Ratio Rank
The Omega Ratio Rank of MSDL is 4141
Omega Ratio Rank
The Calmar Ratio Rank of MSDL is 5151
Calmar Ratio Rank
The Martin Ratio Rank of MSDL is 5050
Martin Ratio Rank

BXSL
The Risk-Adjusted Performance Rank of BXSL is 5353
Overall Rank
The Sharpe Ratio Rank of BXSL is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of BXSL is 4646
Sortino Ratio Rank
The Omega Ratio Rank of BXSL is 4646
Omega Ratio Rank
The Calmar Ratio Rank of BXSL is 5858
Calmar Ratio Rank
The Martin Ratio Rank of BXSL is 5858
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MSDL vs. BXSL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Direct Lending Fund (MSDL) 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.


The chart of Sharpe ratio for MSDL, currently valued at 0.01, compared to the broader market-2.00-1.000.001.002.003.00
MSDL: 0.01
BXSL: 0.15
The chart of Sortino ratio for MSDL, currently valued at 0.18, compared to the broader market-6.00-4.00-2.000.002.004.00
MSDL: 0.18
BXSL: 0.34
The chart of Omega ratio for MSDL, currently valued at 1.02, compared to the broader market0.501.001.502.00
MSDL: 1.02
BXSL: 1.05
The chart of Calmar ratio for MSDL, currently valued at 0.01, compared to the broader market0.001.002.003.004.005.00
MSDL: 0.01
BXSL: 0.16
The chart of Martin ratio for MSDL, currently valued at 0.03, compared to the broader market-40.00-30.00-20.00-10.000.0010.0020.00
MSDL: 0.03
BXSL: 0.57

The current MSDL Sharpe Ratio is 0.01, which is lower than the BXSL Sharpe Ratio of 0.15. The chart below compares the historical Sharpe Ratios of MSDL and BXSL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20Apr 27
0.01
0.15
MSDL
BXSL

Dividends

MSDL vs. BXSL - Dividend Comparison

MSDL's dividend yield for the trailing twelve months is around 11.33%, more than BXSL's 10.39% yield.


TTM2024202320222021
MSDL
Morgan Stanley Direct Lending Fund
11.33%10.65%0.00%0.00%0.00%
BXSL
Blackstone Secured Lending Fund
10.39%9.53%10.64%13.02%1.56%

Drawdowns

MSDL vs. BXSL - Drawdown Comparison

The maximum MSDL drawdown since its inception was -18.12%, smaller than the maximum BXSL drawdown of -36.80%. Use the drawdown chart below to compare losses from any high point for MSDL and BXSL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-10.66%
-12.00%
MSDL
BXSL

Volatility

MSDL vs. BXSL - Volatility Comparison

The current volatility for Morgan Stanley Direct Lending Fund (MSDL) is 11.42%, while Blackstone Secured Lending Fund (BXSL) has a volatility of 15.25%. This indicates that MSDL experiences smaller price fluctuations and is considered to be less risky than BXSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%December2025FebruaryMarchAprilMay
11.42%
15.25%
MSDL
BXSL

Financials

MSDL vs. BXSL - Financials Comparison

This section allows you to compare key financial metrics between Morgan Stanley Direct Lending Fund 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


0.0050.00M100.00M150.00M200.00M250.00M300.00M350.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
61.27M
164.77M
(MSDL) Total Revenue
(BXSL) Total Revenue
Values in USD except per share items