NCDL vs. BBDC
Compare and contrast key facts about Nuveen Churchill Direct Lending Corp. (NCDL) and Barings BDC, Inc. (BBDC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NCDL or BBDC.
Correlation
The correlation between NCDL and BBDC is 0.25, 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.
Performance
NCDL vs. BBDC - Performance Comparison
Key characteristics
NCDL:
0.86
BBDC:
1.71
NCDL:
1.35
BBDC:
2.43
NCDL:
1.17
BBDC:
1.32
NCDL:
1.41
BBDC:
2.07
NCDL:
5.41
BBDC:
9.69
NCDL:
2.64%
BBDC:
3.05%
NCDL:
16.62%
BBDC:
17.26%
NCDL:
-10.15%
BBDC:
-64.64%
NCDL:
0.00%
BBDC:
0.00%
Fundamentals
NCDL:
$963.85M
BBDC:
$1.10B
NCDL:
8.27
BBDC:
9.51
NCDL:
$80.93M
BBDC:
$215.54M
NCDL:
$101.14M
BBDC:
$215.54M
NCDL:
$46.97M
BBDC:
$167.70M
Returns By Period
In the year-to-date period, NCDL achieves a 6.75% return, which is significantly lower than BBDC's 9.72% return.
NCDL
6.75%
5.62%
9.77%
15.45%
N/A
N/A
BBDC
9.72%
6.38%
10.82%
28.13%
10.42%
2.59%
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Risk-Adjusted Performance
NCDL vs. BBDC — Risk-Adjusted Performance Rank
NCDL
BBDC
NCDL vs. BBDC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Churchill Direct Lending Corp. (NCDL) and Barings BDC, Inc. (BBDC). 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.
Dividends
NCDL vs. BBDC - Dividend Comparison
NCDL's dividend yield for the trailing twelve months is around 12.35%, more than BBDC's 9.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCDL Nuveen Churchill Direct Lending Corp. | 12.35% | 12.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BBDC Barings BDC, Inc. | 9.90% | 10.87% | 11.89% | 11.66% | 7.44% | 7.07% | 5.25% | 24.57% | 17.39% | 10.31% | 12.35% | 12.62% |
Drawdowns
NCDL vs. BBDC - Drawdown Comparison
The maximum NCDL drawdown since its inception was -10.15%, smaller than the maximum BBDC drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for NCDL and BBDC. For additional features, visit the drawdowns tool.
Volatility
NCDL vs. BBDC - Volatility Comparison
Nuveen Churchill Direct Lending Corp. (NCDL) has a higher volatility of 2.85% compared to Barings BDC, Inc. (BBDC) at 2.50%. This indicates that NCDL's price experiences larger fluctuations and is considered to be riskier than BBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NCDL vs. BBDC - Financials Comparison
This section allows you to compare key financial metrics between Nuveen Churchill Direct Lending Corp. and Barings BDC, 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.
Total Revenue: Total amount of money received from sales and other business activities