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OTF vs. TRIN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

OTF vs. TRIN - Performance Comparison

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

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Returns By Period

In the year-to-date period, OTF achieves a -22.83% return, which is significantly lower than TRIN's 37.50% return.


OTF

1D
-1.88%
1M
-0.33%
6M
-20.98%
YTD
-22.83%
1Y
-24.06%
3Y*
5Y*
10Y*

TRIN

1D
-0.61%
1M
12.98%
6M
33.84%
YTD
37.50%
1Y
50.76%
3Y*
27.64%
5Y*
21.38%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

OTF vs. TRIN - Yearly Performance Comparison


2026 (YTD)2025
OTF
Blue Owl Technology Finance Corp
-22.83%-8.23%
TRIN
Trinity Capital Inc.
37.50%11.50%

Correlation

The correlation between OTF and TRIN is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (All Time)
Calculated using the full available price history since Jun 12, 2025

0.39

Fundamentals

Market Cap

OTF:

$4.84B

TRIN:

$1.33B

EPS

OTF:

$2.10

TRIN:

$1.99

PE Ratio

OTF:

4.99

TRIN:

8.94

PS Ratio

OTF:

3.28

TRIN:

4.99

PB Ratio

OTF:

0.64

TRIN:

1.28

Total Revenue (TTM)

OTF:

$1.24B

TRIN:

$276.05M

Gross Profit (TTM)

OTF:

$661.92M

TRIN:

$219.75M

EBITDA (TTM)

OTF:

$802.86M

TRIN:

$195.35M

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Return for Risk

OTF vs. TRIN — Risk / Return Rank

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

OTF
OTF Risk / Return Rank: 1111
Overall Rank
OTF Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
OTF Sortino Ratio Rank: 1414
Sortino Ratio Rank
OTF Omega Ratio Rank: 1515
Omega Ratio Rank
OTF Calmar Ratio Rank: 1111
Calmar Ratio Rank
OTF Martin Ratio Rank: 55
Martin Ratio Rank

TRIN
TRIN Risk / Return Rank: 9191
Overall Rank
TRIN Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
TRIN Sortino Ratio Rank: 9393
Sortino Ratio Rank
TRIN Omega Ratio Rank: 9292
Omega Ratio Rank
TRIN Calmar Ratio Rank: 8888
Calmar Ratio Rank
TRIN Martin Ratio Rank: 8888
Martin Ratio Rank
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. TRIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Blue Owl Technology Finance Corp (OTF) and Trinity Capital Inc. (TRIN). 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.


OTFTRINDifference
Sharpe ratioReturn per unit of total volatility

-3.18

Sortino ratioReturn per unit of downside risk

-4.23

Omega ratioGain probability vs. loss probability

0.89

1.42

-0.52

Calmar ratioReturn relative to maximum drawdown

-0.82

3.47

-4.28

Martin ratioReturn relative to average drawdown

-1.57

8.72

-10.30

OTF vs. TRIN - Sharpe Ratio Comparison

The current OTF Sharpe Ratio is -0.73, which is lower than the TRIN Sharpe Ratio of 2.45. The chart below compares the historical Sharpe Ratios of OTF and TRIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

OTF vs. TRIN - Drawdown Comparison

The maximum OTF drawdown since its inception was -33.06%, smaller than the maximum TRIN drawdown of -43.12%. Use the drawdown chart below to compare losses from any high point for OTF and TRIN.


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Drawdown Indicators


OTFTRINDifference

Max Drawdown

Largest peak-to-trough decline

-33.06%

-43.12%

+10.06%

Max Drawdown (1Y)

Largest decline over 1 year

-28.77%

-14.99%

-13.78%

Max Drawdown (3Y)

Largest decline over 3 years

-15.58%

Max Drawdown (5Y)

Largest decline over 5 years

-43.12%

Current Drawdown

Current decline from peak

-29.18%

-0.61%

-28.57%

Average Drawdown

Average peak-to-trough decline

-17.33%

-8.82%

-8.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.87%

5.94%

+8.93%

Volatility

OTF vs. TRIN - Volatility Comparison

Blue Owl Technology Finance Corp (OTF) has a higher volatility of 9.77% compared to Trinity Capital Inc. (TRIN) at 8.33%. This indicates that OTF's price experiences larger fluctuations and is considered to be riskier than TRIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


OTFTRINDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.77%

8.33%

+1.44%

Volatility (6M)

Calculated over the trailing 6-month period

26.98%

16.90%

+10.08%

Volatility (1Y)

Calculated over the trailing 1-year period

32.18%

21.20%

+10.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.94%

26.78%

+5.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

31.94%

27.01%

+4.93%

Dividends

OTF vs. TRIN - Dividend Comparison

OTF's dividend yield for the trailing twelve months is around 15.30%, less than TRIN's 17.00% yield.


PositionTTM20252024202320222021
OTF
Blue Owl Technology Finance Corp
15.30%7.91%0.00%0.00%0.00%0.00%
TRIN
Trinity Capital Inc.
17.00%13.92%14.10%14.04%21.32%7.17%

Financials

OTF vs. TRIN - Financials Comparison

This section allows you to compare key financial metrics between Blue Owl Technology Finance Corp and Trinity Capital 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0050.00M100.00M150.00M200.00M250.00M300.00M350.00MOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
310.42M
83.32M
(OTF) Total Revenue
(TRIN) Total Revenue
Values in USD except per share items

OTF vs. TRIN - Profitability Comparison

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

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

-20.0%0.0%20.0%40.0%60.0%80.0%100.0%October2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober20260
79.3%
Portfolio components
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%.

TRIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Trinity Capital Inc. reported a gross profit of 66.05M and revenue of 83.32M. Therefore, the gross margin over that period was 79.3%.

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%.

TRIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Trinity Capital Inc. reported an operating income of 61.68M and revenue of 83.32M, resulting in an operating margin of 74.0%.

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%.

TRIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Trinity Capital Inc. reported a net income of 45.52M and revenue of 83.32M, resulting in a net margin of 54.6%.


Frequently Asked Questions


OTF and TRIN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

OTF has higher volatility (9.77%) compared to TRIN (8.33%). In terms of maximum drawdown, OTF dropped -33.06% vs TRIN's -43.12%.

TRIN currently has the higher Sharpe Ratio (2.45 vs -0.73), 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.

Portfolio Optimizer

Find the right allocation for OTF and TRIN

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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