OTF vs. MAIN

Last updated Jun 4, 2026

OTF (Blue Owl Technology Finance Corp) and MAIN (Main Street Capital Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. At a 0.46 correlation, their price movements are largely independent.

Performance

OTF vs. MAIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Blue Owl Technology Finance Corp (OTF) and Main Street Capital Corporation (MAIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OTF achieves a -22.57% return, which is significantly lower than MAIN's -13.65% return.

OTF

• 1D: -1.36%
• 1M: -4.89%
• YTD: -22.57%
• 6M: -20.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MAIN

• 1D: -1.67%
• 1M: -8.64%
• YTD: -13.65%
• 6M: -11.32%
• 1Y: -3.49%
• 3Y*: 17.00%
• 5Y*: 12.47%
• 10Y*: 12.73%

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

OTF vs. MAIN - Yearly Performance Comparison

	2026 (YTD)	2025
OTF Blue Owl Technology Finance Corp	-22.57%	-4.96%
MAIN Main Street Capital Corporation	-13.65%	7.89%

Correlation

The correlation between OTF and MAIN is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 13, 2025	0.46

Fundamentals

Market Cap OTF : $5.06B MAIN : $4.60B
EPS OTF : $2.33 MAIN : $5.22
PE Ratio OTF : 4.69 MAIN : 9.72
PEG Ratio OTF : 0.01 MAIN : 1.11
PS Ratio OTF : 3.08 MAIN : 6.46
PB Ratio OTF : 0.67 MAIN : 1.49
Total Revenue (TTM) OTF : $1.24B MAIN : $704.17M
Gross Profit (TTM) OTF : $661.92M MAIN : $499.08M
EBITDA (TTM) OTF : $802.86M MAIN : $396.90M

Return for Risk

OTF vs. MAIN — Risk / Return Rank

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

MAIN

MAIN Risk / Return Rank: 32
MAIN Sharpe Ratio Rank: 35
MAIN Sortino Ratio Rank: 29
MAIN Omega Ratio Rank: 29
MAIN Calmar Ratio Rank: 35
MAIN Martin Ratio Rank: 35

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.

OTF vs. MAIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blue Owl Technology Finance Corp (OTF) and Main Street Capital Corporation (MAIN). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	OTF	MAIN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.14	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.86	0.55	-1.41

Drawdowns

OTF vs. MAIN - Drawdown Comparison

The maximum OTF drawdown since its inception was -28.24%, smaller than the maximum MAIN drawdown of -64.53%. Use the drawdown chart below to compare losses from any high point for OTF and MAIN.

Drawdown Indicators

	OTF	MAIN	Difference
Max Drawdown Largest peak-to-trough decline	-28.24%	-64.53%	+36.29%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.43%	—
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 Drawdown Current decline from peak	-26.41%	-20.74%	-5.67%
Average Drawdown Average peak-to-trough decline	-13.44%	-7.29%	-6.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.72%	—

Volatility

Volatility by Period

	OTF	MAIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.33%	—
Volatility (1Y) Calculated over the trailing 1-year period	31.66%	24.81%	+6.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.66%	21.56%	+10.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.66%	27.29%	+4.37%

Dividends

OTF vs. MAIN - Dividend Comparison

OTF's dividend yield for the trailing twelve months is around 14.22%, more than MAIN's 8.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAIN Main Street Capital Corporation	8.44%	7.00%	7.02%	8.55%	7.97%	5.74%	6.99%	6.76%	8.43%	7.49%	7.42%	9.15%
OTF Blue Owl Technology Finance Corp	14.22%	7.91%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

OTF vs. MAIN - Profitability Comparison

The chart below illustrates the profitability comparison between Blue Owl Technology Finance Corp and Main Street Capital Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OTF - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Blue Owl Technology Finance Corp reported a gross profit of 0.00 and revenue of 310.42M. Therefore, the gross margin over that period was 0.0%.

MAIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a gross profit of 0.00 and revenue of 140.11M. Therefore, the gross margin over that period was 0.0%.

OTF - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Blue Owl Technology Finance Corp reported an operating income of 0.00 and revenue of 310.42M, resulting in an operating margin of 0.0%.

MAIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported an operating income of 0.00 and revenue of 140.11M, resulting in an operating margin of 0.0%.

OTF - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Blue Owl Technology Finance Corp reported a net income of 171.31M and revenue of 310.42M, resulting in a net margin of 55.2%.

MAIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Main Street Capital Corporation reported a net income of 90.82M and revenue of 140.11M, resulting in a net margin of 64.8%.

Frequently Asked Questions

Can I hold both OTF and MAIN in my portfolio?

OTF and MAIN have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.