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OXLC vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OXLC and SPY is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.3

Performance

OXLC vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Lane Capital Corp. (OXLC) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

100.00%200.00%300.00%400.00%500.00%NovemberDecember2025FebruaryMarchApril
155.27%
453.14%
OXLC
SPY

Key characteristics

Sharpe Ratio

OXLC:

0.54

SPY:

0.54

Sortino Ratio

OXLC:

0.84

SPY:

0.89

Omega Ratio

OXLC:

1.14

SPY:

1.13

Calmar Ratio

OXLC:

0.86

SPY:

0.58

Martin Ratio

OXLC:

2.91

SPY:

2.39

Ulcer Index

OXLC:

4.26%

SPY:

4.51%

Daily Std Dev

OXLC:

22.82%

SPY:

20.07%

Max Drawdown

OXLC:

-74.58%

SPY:

-55.19%

Current Drawdown

OXLC:

-7.81%

SPY:

-10.54%

Returns By Period

In the year-to-date period, OXLC achieves a -3.56% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, OXLC has underperformed SPY with an annualized return of 6.60%, while SPY has yielded a comparatively higher 11.95% annualized return.


OXLC

YTD

-3.56%

1M

-0.61%

6M

-3.80%

1Y

12.17%

5Y*

16.76%

10Y*

6.60%

SPY

YTD

-6.44%

1M

-5.00%

6M

-5.02%

1Y

9.54%

5Y*

15.80%

10Y*

11.95%

*Annualized

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Risk-Adjusted Performance

OXLC vs. SPY — Risk-Adjusted Performance Rank

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

OXLC
The Risk-Adjusted Performance Rank of OXLC is 7373
Overall Rank
The Sharpe Ratio Rank of OXLC is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of OXLC is 6363
Sortino Ratio Rank
The Omega Ratio Rank of OXLC is 6868
Omega Ratio Rank
The Calmar Ratio Rank of OXLC is 8282
Calmar Ratio Rank
The Martin Ratio Rank of OXLC is 7979
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6565
Overall Rank
The Sharpe Ratio Rank of SPY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6565
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6969
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

OXLC vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLC) and SPDR S&P 500 ETF (SPY). 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.


The chart of Sharpe ratio for OXLC, currently valued at 0.54, compared to the broader market-2.00-1.000.001.002.003.00
OXLC: 0.54
SPY: 0.54
The chart of Sortino ratio for OXLC, currently valued at 0.84, compared to the broader market-6.00-4.00-2.000.002.004.00
OXLC: 0.84
SPY: 0.89
The chart of Omega ratio for OXLC, currently valued at 1.14, compared to the broader market0.501.001.502.00
OXLC: 1.14
SPY: 1.13
The chart of Calmar ratio for OXLC, currently valued at 0.86, compared to the broader market0.001.002.003.004.005.00
OXLC: 0.86
SPY: 0.58
The chart of Martin ratio for OXLC, currently valued at 2.91, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
OXLC: 2.91
SPY: 2.39

The current OXLC Sharpe Ratio is 0.54, which is comparable to the SPY Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of OXLC and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.54
0.54
OXLC
SPY

Dividends

OXLC vs. SPY - Dividend Comparison

OXLC's dividend yield for the trailing twelve months is around 23.35%, more than SPY's 1.31% yield.


TTM20242023202220212020201920182017201620152014
OXLC
Oxford Lane Capital Corp.
23.35%20.12%18.83%17.75%10.58%22.51%19.85%16.70%17.91%22.84%24.10%16.72%
SPY
SPDR S&P 500 ETF
1.31%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

OXLC vs. SPY - Drawdown Comparison

The maximum OXLC drawdown since its inception was -74.58%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for OXLC and SPY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.81%
-10.54%
OXLC
SPY

Volatility

OXLC vs. SPY - Volatility Comparison

Oxford Lane Capital Corp. (OXLC) and SPDR S&P 500 ETF (SPY) have volatilities of 15.51% and 15.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.51%
15.13%
OXLC
SPY