OXLCN vs. BRLN
OXLCN (Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock) is a stock, while BRLN (BlackRock Floating Rate Loan ETF) is Bank Loan fund actively managed by BlackRock. Over the past 3 years, OXLCN returned 10.87%/yr vs 7.36%/yr for BRLN. At a 0.05 correlation, their price movements are largely independent.
Performance
OXLCN vs. BRLN - Performance Comparison
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Returns By Period
In the year-to-date period, OXLCN achieves a 5.87% return, which is significantly higher than BRLN's 1.35% return.
OXLCN
- 1D
- 0.08%
- 1M
- 1.04%
- YTD
- 5.87%
- 6M
- 6.29%
- 1Y
- 12.07%
- 3Y*
- 10.87%
- 5Y*
- —
- 10Y*
- —
BRLN
- 1D
- -0.21%
- 1M
- 0.94%
- YTD
- 1.35%
- 6M
- 2.23%
- 1Y
- 5.10%
- 3Y*
- 7.36%
- 5Y*
- —
- 10Y*
- —
OXLCN vs. BRLN - 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% | 5.17% |
BRLN BlackRock Floating Rate Loan ETF | 1.35% | 5.38% | 7.49% | 13.42% | 2.13% |
Correlation
The correlation between OXLCN and BRLN is -0.04, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2022 | 0.05 |
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Return for Risk
OXLCN vs. BRLN — Risk / Return Rank
OXLCN
BRLN
OXLCN vs. BRLN - 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 BlackRock Floating Rate Loan ETF (BRLN). 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 | BRLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 5.86 | 2.56 | +3.30 |
| Martin ratioReturn relative to average drawdown | 17.19 | 9.95 | +7.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OXLCN | BRLN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 1.68 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 2.19 | -1.34 |
Drawdowns
OXLCN vs. BRLN - Drawdown Comparison
The maximum OXLCN drawdown since its inception was -12.23%, which is greater than BRLN's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for OXLCN and BRLN.
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Drawdown Indicators
| OXLCN | BRLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.23% | -3.85% | -8.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -2.00% | -0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.58% | -3.85% | -0.73% |
Current DrawdownCurrent decline from peak | -0.56% | -0.21% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -1.64% | -0.31% | -1.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.51% | +0.19% |
Volatility
OXLCN vs. BRLN - Volatility Comparison
Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) has a higher volatility of 2.87% compared to BlackRock Floating Rate Loan ETF (BRLN) at 0.81%. This indicates that OXLCN's price experiences larger fluctuations and is considered to be riskier than BRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OXLCN | BRLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.87% | 0.81% | +2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 5.64% | 2.24% | +3.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.79% | 3.06% | +3.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.90% | 3.73% | +6.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.90% | 3.73% | +6.17% |
Dividends
OXLCN vs. BRLN - Dividend Comparison
OXLCN's dividend yield for the trailing twelve months is around 7.14%, more than BRLN's 6.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BRLN BlackRock Floating Rate Loan ETF | 6.35% | 6.50% | 7.87% | 9.06% | 1.48% |
OXLCN Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock | 7.14% | 7.33% | 7.34% | 7.68% | 4.21% |
Frequently Asked Questions
OXLCN and BRLN have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OXLCN has higher volatility (2.87%) compared to BRLN (0.81%). In terms of maximum drawdown, OXLCN dropped -12.23% vs BRLN's -3.85%.
OXLCN currently has the higher Sharpe Ratio (1.78 vs 1.68), 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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