ORC vs. OXSQ

Last updated Jun 24, 2026

ORC (Orchid Island Capital, Inc.) and OXSQ (Oxford Square Capital Corp.) are both stocks. ORC operates in REIT - Mortgage (Real Estate), while OXSQ operates in Asset Management (Financial Services). Over the past 5 years, ORC returned -8.28%/yr vs -11.29%/yr for OXSQ. At a 0.30 correlation, their price movements are largely independent.

Performance

ORC vs. OXSQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Orchid Island Capital, Inc. (ORC) and Oxford Square Capital Corp. (OXSQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORC achieves a 1.54% return, which is significantly higher than OXSQ's -17.82% return.

ORC

• 1D: 2.27%
• 1M: 1.61%
• YTD: 1.54%
• 6M: 2.11%
• 1Y: 17.55%
• 3Y*: 6.04%
• 5Y*: -8.28%
• 10Y*: -3.18%

OXSQ

• 1D: 7.56%
• 1M: 2.68%
• YTD: -17.82%
• 6M: -16.88%
• 1Y: -26.53%
• 3Y*: -5.86%
• 5Y*: -11.29%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ORC vs. OXSQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
ORC Orchid Island Capital, Inc.	1.54%	12.66%	9.87%	-3.10%	-41.63%	0.07%	4.75%	6.68%	-1.89%
OXSQ Oxford Square Capital Corp.	-17.82%	-13.32%	-1.86%	7.92%	-14.37%	47.13%	-32.37%	-4.32%	15.84%

Correlation

The correlation between ORC and OXSQ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.33
Correlation (All Time) Calculated using the full available price history since Mar 21, 2018	0.30

The correlation between ORC and OXSQ shifts across timeframes, from 0.22 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ORC : $1.28B OXSQ : $113.00M
EPS ORC : $0.85 OXSQ : -$0.45
PB Ratio ORC : 0.92 OXSQ : 0.92
Total Revenue (TTM) ORC : $181.13M OXSQ : -$4.62M
Gross Profit (TTM) ORC : $87.42M OXSQ : -$11.30M
EBITDA (TTM) ORC : $197.11M OXSQ : -$30.55M

Return for Risk

ORC vs. OXSQ — Risk / Return Rank

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

ORC

ORC Risk / Return Rank: 63
ORC Sharpe Ratio Rank: 68
ORC Sortino Ratio Rank: 61
ORC Omega Ratio Rank: 60
ORC Calmar Ratio Rank: 64
ORC Martin Ratio Rank: 65

OXSQ

OXSQ Risk / Return Rank: 14
OXSQ Sharpe Ratio Rank: 15
OXSQ Sortino Ratio Rank: 17
OXSQ Omega Ratio Rank: 16
OXSQ Calmar Ratio Rank: 17
OXSQ Martin Ratio Rank: 6

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.

ORC vs. OXSQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orchid Island Capital, Inc. (ORC) and Oxford Square Capital Corp. (OXSQ). 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.

	ORC	OXSQ	Difference
Sharpe ratio: Return per unit of total volatility	0.82	-0.64	+1.46
Sortino ratio: Return per unit of downside risk	1.23	-0.69	+1.92
Omega ratio: Gain probability vs. loss probability	1.15	0.90	+0.25
Calmar ratio: Return relative to maximum drawdown	1.06	-0.68	+1.75
Martin ratio: Return relative to average drawdown	2.39	-1.51	+3.90

ORC vs. OXSQ - Sharpe Ratio Comparison

The current ORC Sharpe Ratio is 0.82, which is higher than the OXSQ Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of ORC and OXSQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ORC vs. OXSQ - Drawdown Comparison

The maximum ORC drawdown since its inception was -75.77%, which is greater than OXSQ's maximum drawdown of -67.11%. Use the drawdown chart below to compare losses from any high point for ORC and OXSQ.

Drawdown Indicators

	ORC	OXSQ	Difference
Max Drawdown Largest peak-to-trough decline	-75.77%	-67.11%	-8.66%
Max Drawdown (1Y) Largest decline over 1 year	-16.58%	-38.87%	+22.29%
Max Drawdown (3Y) Largest decline over 3 years	-43.06%	-45.98%	+2.92%
Max Drawdown (5Y) Largest decline over 5 years	-64.80%	-48.30%	-16.50%
Max Drawdown (10Y) Largest decline over 10 years	-75.77%	—	—
Current Drawdown Current decline from peak	-45.26%	-46.59%	+1.33%
Average Drawdown Average peak-to-trough decline	-28.86%	-21.18%	-7.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.37%	17.56%	-10.19%

Volatility

ORC vs. OXSQ - Volatility Comparison

The current volatility for Orchid Island Capital, Inc. (ORC) is 6.82%, while Oxford Square Capital Corp. (OXSQ) has a volatility of 23.55%. This indicates that ORC experiences smaller price fluctuations and is considered to be less risky than OXSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORC	OXSQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.82%	23.55%	-16.73%
Volatility (6M) Calculated over the trailing 6-month period	17.88%	36.23%	-18.35%
Volatility (1Y) Calculated over the trailing 1-year period	21.51%	41.86%	-20.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.80%	27.81%	+1.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.74%	35.78%	+1.96%

Dividends

ORC vs. OXSQ - Dividend Comparison

ORC's dividend yield for the trailing twelve months is around 20.68%, less than OXSQ's 32.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ORC Orchid Island Capital, Inc.	20.68%	20.00%	18.51%	21.35%	29.67%	17.33%	15.13%	16.41%	16.74%	18.10%	15.51%	19.34%
OXSQ Oxford Square Capital Corp.	32.81%	23.86%	17.21%	17.66%	13.46%	10.29%	20.07%	14.76%	9.27%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ORC and OXSQ in my portfolio?

ORC and OXSQ have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORC or OXSQ?

OXSQ has higher volatility (23.55%) compared to ORC (6.82%). In terms of maximum drawdown, ORC dropped -75.77% vs OXSQ's -67.11%.

Which has better risk-adjusted returns?

ORC currently has the higher Sharpe Ratio (0.82 vs -0.64), 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.