OXLC vs. MEUD.L

Last updated Jun 13, 2026

OXLC (Oxford Lane Capital Corp.) is a stock, while MEUD.L (Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc) is Europe Equities fund tracking the MSCI Europe NR EUR. Over the past 10 years, OXLC returned 3.38%/yr vs 10.43%/yr for MEUD.L. At a 0.22 correlation, their price movements are largely independent.

Performance

OXLC vs. MEUD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Lane Capital Corp. (OXLC) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

OXLC is traded in USD, while MEUD.L is traded in GBp. To make them comparable, the MEUD.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, OXLC achieves a -27.84% return, which is significantly lower than MEUD.L's 7.32% return. Over the past 10 years, OXLC has underperformed MEUD.L with an annualized return of 3.38%, while MEUD.L has yielded a comparatively higher 10.43% annualized return.

OXLC

• 1D: -1.41%
• 1M: -8.51%
• YTD: -27.84%
• 6M: -21.18%
• 1Y: -42.28%
• 3Y*: -9.70%
• 5Y*: -7.86%
• 10Y*: 3.38%

MEUD.L

• 1D: 1.59%
• 1M: 2.70%
• YTD: 7.32%
• 6M: 9.74%
• 1Y: 17.86%
• 3Y*: 16.80%
• 5Y*: 8.78%
• 10Y*: 10.43%

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

OXLC vs. MEUD.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OXLC Oxford Lane Capital Corp.	-27.84%	-24.38%	24.58%	16.52%	-24.15%	59.91%	-15.79%	-0.98%	12.86%	13.47%
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	7.32%	36.05%	1.93%	19.47%	-15.19%	16.00%	7.03%	25.23%	-14.71%	26.41%

Correlation

The correlation between OXLC and MEUD.L is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.23
Correlation (10Y) Calculated over the trailing 10-year period	0.22
Correlation (All Time) Calculated using the full available price history since Apr 3, 2013	0.22

The correlation between OXLC and MEUD.L shifts across timeframes, from 0.10 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

OXLC vs. MEUD.L — Risk / Return Rank

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

OXLC

OXLC Risk / Return Rank: 6
OXLC Sharpe Ratio Rank: 2
OXLC Sortino Ratio Rank: 4
OXLC Omega Ratio Rank: 4
OXLC Calmar Ratio Rank: 11
OXLC Martin Ratio Rank: 7

MEUD.L

MEUD.L Risk / Return Rank: 50
MEUD.L Sharpe Ratio Rank: 53
MEUD.L Sortino Ratio Rank: 53
MEUD.L Omega Ratio Rank: 56
MEUD.L Calmar Ratio Rank: 43
MEUD.L Martin Ratio Rank: 46

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.

OXLC vs. MEUD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLC) and Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L). 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.

	OXLC	MEUD.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.23	1.21	-2.45
Sortino ratio: Return per unit of downside risk	-1.73	1.79	-3.53
Omega ratio: Gain probability vs. loss probability	0.77	1.22	-0.46
Calmar ratio: Return relative to maximum drawdown	-0.81	1.54	-2.36
Martin ratio: Return relative to average drawdown	-1.47	5.48	-6.95

OXLC vs. MEUD.L - Sharpe Ratio Comparison

The current OXLC Sharpe Ratio is -1.23, which is lower than the MEUD.L Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of OXLC and MEUD.L, 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

OXLC vs. MEUD.L - Drawdown Comparison

The maximum OXLC drawdown since its inception was -74.58%, which is greater than MEUD.L's maximum drawdown of -36.31%. Use the drawdown chart below to compare losses from any high point for OXLC and MEUD.L.

Drawdown Indicators

	OXLC	MEUD.L	Difference
Max Drawdown Largest peak-to-trough decline	-74.58%	-36.31%	-38.27%
Max Drawdown (1Y) Largest decline over 1 year	-52.18%	-11.53%	-40.65%
Max Drawdown (3Y) Largest decline over 3 years	-57.17%	-14.53%	-42.64%
Max Drawdown (5Y) Largest decline over 5 years	-57.17%	-32.40%	-24.77%
Max Drawdown (10Y) Largest decline over 10 years	-74.58%	-36.31%	-38.27%
Current Drawdown Current decline from peak	-48.31%	-0.83%	-47.48%
Average Drawdown Average peak-to-trough decline	-14.02%	-9.38%	-4.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.82%	3.25%	+25.57%

Volatility

OXLC vs. MEUD.L - Volatility Comparison

Oxford Lane Capital Corp. (OXLC) has a higher volatility of 5.90% compared to Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc (MEUD.L) at 4.22%. This indicates that OXLC's price experiences larger fluctuations and is considered to be riskier than MEUD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OXLC	MEUD.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.90%	4.22%	+1.68%
Volatility (6M) Calculated over the trailing 6-month period	27.68%	12.16%	+15.52%
Volatility (1Y) Calculated over the trailing 1-year period	34.41%	14.68%	+19.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.92%	19.17%	+6.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.48%	19.34%	+23.14%

Dividends

OXLC vs. MEUD.L - Dividend Comparison

OXLC's dividend yield for the trailing twelve months is around 50.72%, while MEUD.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MEUD.L Lyxor Core STOXX Europe 600 (DR) - UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OXLC Oxford Lane Capital Corp.	50.72%	35.86%	20.12%	18.83%	17.75%	10.51%	22.46%	19.85%	16.70%	17.91%	22.84%	24.10%

Frequently Asked Questions

Can I hold both OXLC and MEUD.L in my portfolio?

OXLC and MEUD.L have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.