OXLCN vs. ADC

Last updated Jun 4, 2026

OXLCN (Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock) and ADC (Agree Realty Corporation) are both stocks. OXLCN operates in Asset Management (Financial Services), while ADC operates in REIT - Retail (Real Estate). Over the past 3 years, OXLCN returned 10.87%/yr vs 8.22%/yr for ADC. At a 0.02 correlation, their price movements are largely independent.

Performance

OXLCN vs. ADC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) and Agree Realty Corporation (ADC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OXLCN achieves a 5.87% return, which is significantly higher than ADC's 1.77% return.

OXLCN

• 1D: 0.08%
• 1M: 1.04%
• YTD: 5.87%
• 6M: 6.29%
• 1Y: 12.07%
• 3Y*: 10.87%
• 5Y*: —
• 10Y*: —

ADC

• 1D: -0.89%
• 1M: -4.88%
• YTD: 1.77%
• 6M: -1.21%
• 1Y: 0.57%
• 3Y*: 8.22%
• 5Y*: 4.50%
• 10Y*: 9.63%

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

OXLCN vs. ADC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
OXLCN Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock	5.87%	7.77%	12.69%	10.55%	-3.33%
ADC Agree Realty Corporation	1.77%	6.62%	17.20%	-7.07%	4.60%

Correlation

The correlation between OXLCN and ADC is -0.07, 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	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Jun 22, 2022	0.02

Fundamentals

Market Cap OXLCN : $2.43B ADC : $8.67B
EPS OXLCN : -$5.82 ADC : $1.91
PS Ratio OXLCN : 2.71 ADC : 10.91
PB Ratio OXLCN : 2.35 ADC : 1.43
Total Revenue (TTM) OXLCN : $849.13M ADC : $750.05M
Gross Profit (TTM) OXLCN : $793.40M ADC : $667.57M
EBITDA (TTM) OXLCN : -$578.64M ADC : $639.27M

Return for Risk

OXLCN vs. ADC — Risk / Return Rank

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

OXLCN

OXLCN Risk / Return Rank: 88
OXLCN Sharpe Ratio Rank: 85
OXLCN Sortino Ratio Rank: 83
OXLCN Omega Ratio Rank: 86
OXLCN Calmar Ratio Rank: 93
OXLCN Martin Ratio Rank: 94

ADC

ADC Risk / Return Rank: 38
ADC Sharpe Ratio Rank: 41
ADC Sortino Ratio Rank: 33
ADC Omega Ratio Rank: 33
ADC Calmar Ratio Rank: 41
ADC Martin Ratio Rank: 41

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.

OXLCN vs. ADC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) and Agree Realty Corporation (ADC). 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.

	OXLCN	ADC	Difference
Sharpe ratio Return per unit of total volatility	1.78	0.04	+1.75
Sortino ratio Return per unit of downside risk	2.54	0.17	+2.37
Omega ratio Gain probability vs. loss probability	1.37	1.02	+0.36
Calmar ratio Return relative to maximum drawdown	5.86	0.05	+5.81
Martin ratio Return relative to average drawdown	17.19	0.13	+17.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OXLCN vs. ADC - Sharpe Ratio Comparison

The current OXLCN Sharpe Ratio is 1.78, which is higher than the ADC Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of OXLCN and ADC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OXLCN	ADC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	0.04	+1.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.41	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.38	+0.47

Drawdowns

OXLCN vs. ADC - Drawdown Comparison

The maximum OXLCN drawdown since its inception was -12.23%, smaller than the maximum ADC drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for OXLCN and ADC.

Drawdown Indicators

	OXLCN	ADC	Difference
Max Drawdown Largest peak-to-trough decline	-12.23%	-70.25%	+58.02%
Max Drawdown (1Y) Largest decline over 1 year	-2.07%	-11.14%	+9.07%
Max Drawdown (3Y) Largest decline over 3 years	-4.58%	-21.08%	+16.50%
Max Drawdown (5Y) Largest decline over 5 years	—	-29.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.00%	—
Current Drawdown Current decline from peak	-0.56%	-11.14%	+10.58%
Average Drawdown Average peak-to-trough decline	-1.64%	-9.64%	+8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.70%	4.37%	-3.67%

Volatility

OXLCN vs. ADC - Volatility Comparison

The current volatility for Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) is 2.87%, while Agree Realty Corporation (ADC) has a volatility of 3.87%. This indicates that OXLCN experiences smaller price fluctuations and is considered to be less risky than ADC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OXLCN	ADC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.87%	3.87%	-1.00%
Volatility (6M) Calculated over the trailing 6-month period	5.64%	12.04%	-6.40%
Volatility (1Y) Calculated over the trailing 1-year period	6.79%	15.92%	-9.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.90%	18.79%	-8.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.90%	23.64%	-13.74%

Dividends

OXLCN vs. ADC - Dividend Comparison

OXLCN's dividend yield for the trailing twelve months is around 7.14%, more than ADC's 4.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADC Agree Realty Corporation	4.35%	4.28%	4.26%	4.64%	3.95%	3.65%	3.61%	3.25%	3.65%	3.94%	4.17%	5.43%
OXLCN Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock	7.14%	7.33%	7.34%	7.68%	4.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both OXLCN and ADC in my portfolio?

OXLCN and ADC have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OXLCN or ADC?

ADC has higher volatility (3.87%) compared to OXLCN (2.87%). In terms of maximum drawdown, OXLCN dropped -12.23% vs ADC's -70.25%.

Which has better risk-adjusted returns?

OXLCN currently has the higher Sharpe Ratio (1.78 vs 0.04), 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.