OTF vs. RWAY
OTF (Blue Owl Technology Finance Corp) and RWAY (Runway Growth Finance Corp.) are both stocks. Both are in the Financial Services sector — OTF in Asset Management, RWAY in Credit Services. Over the past year, OTF returned -26.31% vs -40.66% for RWAY. At a 0.41 correlation, their price movements are largely independent.
Performance
OTF vs. RWAY - Performance Comparison
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Returns By Period
In the year-to-date period, OTF achieves a -25.11% return, which is significantly higher than RWAY's -30.64% return.
OTF
- 1D
- 0.50%
- 1M
- -1.10%
- 6M
- -23.05%
- YTD
- -25.11%
- 1Y
- -26.31%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -28.82%
RWAY
- 1D
- 0.18%
- 1M
- 1.26%
- 6M
- -34.04%
- YTD
- -30.64%
- 1Y
- -40.66%
- 3Y*
- -10.55%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -3.66%
OTF vs. RWAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
OTF Blue Owl Technology Finance Corp | -25.11% | -8.23% |
RWAY Runway Growth Finance Corp. | -30.64% | -5.95% |
Correlation
The correlation between OTF and RWAY is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025 | 0.41 |
Fundamentals
OTF:
$4.70B
RWAY:
$203.80M
OTF:
$2.10
RWAY:
$0.89
OTF:
4.84
RWAY:
6.37
OTF:
0.01
RWAY:
1.28
OTF:
3.19
RWAY:
1.85
OTF:
0.62
RWAY:
0.47
OTF:
$1.24B
RWAY:
$110.63M
OTF:
$661.92M
RWAY:
$105.16M
OTF:
$802.86M
RWAY:
$74.86M
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Return for Risk
OTF vs. RWAY — Risk / Return Rank
OTF
RWAY
OTF vs. RWAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blue Owl Technology Finance Corp (OTF) and Runway Growth Finance Corp. (RWAY). 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.
| OTF | RWAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.15 | ||
| Omega ratioGain probability vs. loss probability | 0.88 | 0.74 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | -0.90 | -0.04 |
| Martin ratioReturn relative to average drawdown | -1.75 | -1.72 | -0.03 |
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Drawdowns
OTF vs. RWAY - Drawdown Comparison
The maximum OTF drawdown since its inception was -33.06%, smaller than the maximum RWAY drawdown of -45.35%. Use the drawdown chart below to compare losses from any high point for OTF and RWAY.
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Drawdown Indicators
| OTF | RWAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.06% | -45.35% | +12.29% |
Max Drawdown (1Y)Largest decline over 1 year | -27.99% | -45.12% | +17.13% |
Max Drawdown (3Y)Largest decline over 3 years | — | -45.35% | — |
Current DrawdownCurrent decline from peak | -31.28% | -41.40% | +10.12% |
Average DrawdownAverage peak-to-trough decline | -17.86% | -11.41% | -6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.31% | 23.73% | -8.42% |
Volatility
OTF vs. RWAY - Volatility Comparison
The current volatility for Blue Owl Technology Finance Corp (OTF) is 6.99%, while Runway Growth Finance Corp. (RWAY) has a volatility of 13.00%. This indicates that OTF experiences smaller price fluctuations and is considered to be less risky than RWAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OTF | RWAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 13.00% | -6.01% |
Volatility (6M)Calculated over the trailing 6-month period | 26.27% | 25.11% | +1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.37% | 28.52% | +3.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.50% | 28.99% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.50% | 28.99% | +2.51% |
Dividends
OTF vs. RWAY - Dividend Comparison
OTF's dividend yield for the trailing twelve months is around 15.76%, less than RWAY's 23.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
OTF Blue Owl Technology Finance Corp | 15.76% | 7.91% | 0.00% | 0.00% | 0.00% | 0.00% |
RWAY Runway Growth Finance Corp. | 23.94% | 15.68% | 16.33% | 14.34% | 10.87% | 1.95% |
Financials
OTF vs. RWAY - Financials Comparison
This section allows you to compare key financial metrics between Blue Owl Technology Finance Corp and Runway Growth Finance Corp.. 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
OTF vs. RWAY - Profitability Comparison
OTF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
RWAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Runway Growth Finance Corp. reported a gross profit of 0.00 and revenue of 29.45M. 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 Jul 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%.
RWAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Runway Growth Finance Corp. reported an operating income of 0.00 and revenue of 29.45M, 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 Jul 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%.
RWAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Runway Growth Finance Corp. reported a net income of 0.00 and revenue of 29.45M, resulting in a net margin of 0.0%.
Frequently Asked Questions
OTF and RWAY have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RWAY has higher volatility (13.00%) compared to OTF (6.99%). In terms of maximum drawdown, OTF dropped -33.06% vs RWAY's -45.35%.
OTF currently has the higher Sharpe Ratio (-0.82 vs -1.43), 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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