OXLCN vs. YCL
OXLCN (Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock) is a stock, while YCL (ProShares Ultra Yen) is Leveraged Currency fund tracking the USD/JPY Exchange Rate (-200%). Over the past 3 years, OXLCN returned 10.33%/yr vs -13.30%/yr for YCL. Their -0.00 correlation means they have often moved in opposite directions in the past.
Performance
OXLCN vs. YCL - Performance Comparison
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Returns By Period
In the year-to-date period, OXLCN achieves a 6.37% return, which is significantly higher than YCL's -5.82% return.
OXLCN
- 1D
- 0.12%
- 1M
- 1.67%
- 6M
- 4.42%
- YTD
- 6.37%
- 1Y
- 9.51%
- 3Y*
- 10.33%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.15%
YCL
- 1D
- 0.22%
- 1M
- 1.24%
- 6M
- -7.85%
- YTD
- -5.82%
- 1Y
- -18.77%
- 3Y*
- -13.30%
- 5Y*
- -19.30%
- 10Y*
- -13.42%
- ALL TIME*
- -9.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $67.57K | $58.61K | $69.11K | |
| $965.32K | $858.06K | $714.31K |
OXLCN vs. YCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
OXLCN Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock | 6.37% | 7.77% | 12.69% | 10.55% | -3.37% |
YCL ProShares Ultra Yen | -5.82% | -6.34% | -25.97% | -20.46% | 1.76% |
Correlation
The correlation between OXLCN and YCL is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.02 |
Correlation (3Y) Balances recent behavior with more history. | -0.02 |
Correlation (All Time) Calculated using the full available price history since Jun 21, 2022 | -0.00 |
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Return for Risk
OXLCN vs. YCL — Risk / Return Rank
OXLCN
YCL
OXLCN vs. YCL - 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 ProShares Ultra Yen (YCL). 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.
| OXLCN | YCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.27 | ||
| Sortino ratioReturn per unit of downside risk | +3.33 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 0.85 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 4.54 | -0.65 | +5.19 |
| Martin ratioReturn relative to average drawdown | 12.50 | -1.03 | +13.53 |
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Drawdowns
OXLCN vs. YCL - Drawdown Comparison
The maximum OXLCN drawdown since its inception was -12.23%, smaller than the maximum YCL drawdown of -88.74%. Use the drawdown chart below to compare losses from any high point for OXLCN and YCL.
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Drawdown Indicators
| OXLCN | YCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.23% | -88.74% | +76.51% |
Max Drawdown (1Y)Largest decline over 1 year | -2.07% | -23.28% | +21.21% |
Max Drawdown (3Y)Largest decline over 3 years | -4.58% | -39.44% | +34.86% |
Max Drawdown (5Y)Largest decline over 5 years | — | -67.75% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -77.87% | — |
Current DrawdownCurrent decline from peak | -0.08% | -88.15% | +88.07% |
Average DrawdownAverage peak-to-trough decline | -1.61% | -53.42% | +51.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 14.60% | -13.85% |
Volatility
OXLCN vs. YCL - Volatility Comparison
The current volatility for Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock (OXLCN) is 1.95%, while ProShares Ultra Yen (YCL) has a volatility of 5.60%. This indicates that OXLCN experiences smaller price fluctuations and is considered to be less risky than YCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OXLCN | YCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 5.60% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 6.24% | 11.00% | -4.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.94% | 16.66% | -9.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 20.60% | -10.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.82% | 18.20% | -8.38% |
Dividends
OXLCN vs. YCL - Dividend Comparison
OXLCN's dividend yield for the trailing twelve months is around 7.19%, while YCL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
OXLCN Oxford Lane Capital Corp. 7.125% Series 2029 Term Preferred Stock | 7.19% | 7.33% | 7.34% | 7.68% | 4.21% |
YCL ProShares Ultra Yen | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
OXLCN and YCL have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YCL has higher volatility (5.60%) compared to OXLCN (1.95%). In terms of maximum drawdown, OXLCN dropped -12.23% vs YCL's -88.74%.
OXLCN currently has the higher Sharpe Ratio (1.35 vs -0.91), 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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