OXLC vs. SHV
OXLC (Oxford Lane Capital Corp.) is a stock, while SHV (iShares 0-1 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE Short US Treasury Securities Index. Over the past 10 years, OXLC returned 6.33%/yr vs 2.24%/yr for SHV. At a correlation of -0.03, they often move in opposite directions.
Performance
OXLC vs. SHV - Performance Comparison
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Returns By Period
In the year-to-date period, OXLC achieves a -12.27% return, which is significantly lower than SHV's 1.61% return. Over the past 10 years, OXLC has outperformed SHV with an annualized return of 6.33%, while SHV has yielded a comparatively lower 2.24% annualized return.
OXLC
- 1D
- 1.44%
- 1M
- 14.51%
- YTD
- -12.27%
- 6M
- -9.86%
- 1Y
- -26.02%
- 3Y*
- -2.21%
- 5Y*
- -4.18%
- 10Y*
- 6.33%
SHV
- 1D
- 0.01%
- 1M
- 0.27%
- YTD
- 1.61%
- 6M
- 1.69%
- 1Y
- 3.83%
- 3Y*
- 4.61%
- 5Y*
- 3.36%
- 10Y*
- 2.24%
OXLC vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OXLC Oxford Lane Capital Corp. | -12.27% | -24.38% | 24.58% | 16.52% | -24.15% | 59.91% | -15.79% | -0.98% | 12.86% | 13.47% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.61% | 4.21% | 5.12% | 5.04% | 0.94% | -0.10% | 0.81% | 2.36% | 1.72% | 0.67% |
Correlation
The correlation between OXLC and SHV is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jan 21, 2011 | -0.03 |
The correlation between OXLC and SHV shifts across timeframes, from -0.08 (1 year) to 0.03 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
OXLC vs. SHV — Risk / Return Rank
OXLC
SHV
OXLC vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLC) and iShares 0-1 Year Treasury Bond ETF (SHV). 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 | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.15 | ||
| Sortino ratioReturn per unit of downside risk | -98.74 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 35.59 | -34.69 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | 141.48 | -141.99 |
| Martin ratioReturn relative to average drawdown | -0.92 | 1,585.42 | -1,586.34 |
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Drawdowns
OXLC vs. SHV - Drawdown Comparison
The maximum OXLC drawdown since its inception was -74.58%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for OXLC and SHV.
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Drawdown Indicators
| OXLC | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.58% | -0.45% | -74.13% |
Max Drawdown (1Y)Largest decline over 1 year | -51.38% | -0.03% | -51.35% |
Max Drawdown (3Y)Largest decline over 3 years | -57.17% | -0.03% | -57.14% |
Max Drawdown (5Y)Largest decline over 5 years | -57.17% | -0.38% | -56.79% |
Max Drawdown (10Y)Largest decline over 10 years | -74.58% | -0.45% | -74.13% |
Current DrawdownCurrent decline from peak | -37.16% | 0.00% | -37.16% |
Average DrawdownAverage peak-to-trough decline | -14.06% | -0.03% | -14.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.25% | 0.00% | +28.25% |
Volatility
OXLC vs. SHV - Volatility Comparison
Oxford Lane Capital Corp. (OXLC) has a higher volatility of 25.53% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.07%. This indicates that OXLC's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OXLC | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.53% | 0.07% | +25.46% |
Volatility (6M)Calculated over the trailing 6-month period | 37.08% | 0.13% | +36.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.20% | 0.21% | +43.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.74% | 0.29% | +28.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.35% | 0.28% | +43.07% |
Dividends
OXLC vs. SHV - Dividend Comparison
OXLC's dividend yield for the trailing twelve months is around 75.51%, more than SHV's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OXLC Oxford Lane Capital Corp. | 75.51% | 35.86% | 20.12% | 18.83% | 17.75% | 10.51% | 22.46% | 19.85% | 16.70% | 17.91% | 22.84% | 24.10% |
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
Frequently Asked Questions
OXLC and SHV have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OXLC has higher volatility (25.53%) compared to SHV (0.07%). In terms of maximum drawdown, OXLC dropped -74.58% vs SHV's -0.45%.
SHV currently has the higher Sharpe Ratio (18.56 vs -0.59), 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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