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OXLCP vs. NEAR
Performance
Return for Risk
Drawdowns
Volatility
Dividends

OXLCP vs. NEAR

Last updated Jun 4, 2026

OXLCP (Oxford Lane Capital Corp.) is a stock, while NEAR (iShares Short Duration Bond Active ETF) is Short-Term Bond fund actively managed by iShares. Over the past 5 years, OXLCP returned 6.76%/yr vs 3.86%/yr for NEAR. At a 0.03 correlation, their price movements are largely independent.

Performance

OXLCP vs. NEAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Lane Capital Corp. (OXLCP) and iShares Short Duration Bond Active ETF (NEAR). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, OXLCP achieves a 4.37% return, which is significantly higher than NEAR's 0.73% return.

OXLCP

1D
0.00%
1M
0.36%
YTD
4.37%
6M
4.86%
1Y
9.91%
3Y*
10.45%
5Y*
6.76%
10Y*
—

NEAR

1D
0.00%
1M
0.20%
YTD
0.73%
6M
1.15%
1Y
4.31%
3Y*
5.64%
5Y*
3.86%
10Y*
2.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

OXLCP vs. NEAR - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
OXLCP
Oxford Lane Capital Corp.		4.37%9.04%12.26%8.13%-4.30%17.17%-0.74%
NEAR
iShares Short Duration Bond Active ETF		0.73%5.90%5.09%7.42%0.41%0.32%1.13%

Correlation

The correlation between OXLCP and NEAR 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

-0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.03

Correlation (5Y)
Calculated over the trailing 5-year period

0.04

Correlation (All Time)
Calculated using the full available price history since Feb 7, 2020

0.03

Compare stocks, funds, or ETFs

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Oxford Lane Capital Corp.

iShares Short Duration Bond Active ETF

Often compared with OXLCP:
OXLCP vs. FSCOOXLCP vs. VGTOXLCP vs. BILOXLCP vs. SDCIOXLCP vs. YCLOXLCP vs. SGOVOXLCP vs. BRLN
Often compared with NEAR:
NEAR vs. SGOVNEAR vs. JPSTNEAR vs. MINTNEAR vs. SHVNEAR vs. FLOTNEAR vs. GSYNEAR vs. GSST

Return for Risk

OXLCP vs. NEAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
OXLCP
OXLCP Risk / Return Rank: 9595
Overall Rank
OXLCP Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
OXLCP Sortino Ratio Rank: 9393
Sortino Ratio Rank
OXLCP Omega Ratio Rank: 9494
Omega Ratio Rank
OXLCP Calmar Ratio Rank: 9797
Calmar Ratio Rank
OXLCP Martin Ratio Rank: 9898
Martin Ratio Rank
NEAR
NEAR Risk / Return Rank: 8787
Overall Rank
NEAR Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
NEAR Sortino Ratio Rank: 9494
Sortino Ratio Rank
NEAR Omega Ratio Rank: 9393
Omega Ratio Rank
NEAR Calmar Ratio Rank: 7575
Calmar Ratio Rank
NEAR Martin Ratio Rank: 8484
Martin Ratio Rank
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.

OXLCP vs. NEAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Lane Capital Corp. (OXLCP) and iShares Short Duration Bond Active ETF (NEAR). 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.

OXLCPNEARDifference
Sharpe ratioReturn per unit of total volatility
2.49
3.18

-0.69

Sortino ratioReturn per unit of downside risk
3.78
5.07

-1.30

Omega ratioGain probability vs. loss probability

1.53

1.66

-0.13

Calmar ratioReturn relative to maximum drawdown

10.26

3.81

+6.44

Martin ratioReturn relative to average drawdown

29.32

17.49

+11.83

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OXLCP vs. NEAR - Sharpe Ratio Comparison

The current OXLCP Sharpe Ratio is 2.49, which is comparable to the NEAR Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of OXLCP and NEAR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

OXLCPNEARDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.49

3.18

-0.69

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

2.90

-2.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.14

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.28

1.09

-0.81

Drawdowns

OXLCP vs. NEAR - Drawdown Comparison

The maximum OXLCP drawdown since its inception was -49.79%, which is greater than NEAR's maximum drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for OXLCP and NEAR.

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Drawdown Indicators

OXLCPNEARDifference

Max Drawdown

Largest peak-to-trough decline

-49.79%

-9.61%

-40.18%

Max Drawdown (1Y)

Largest decline over 1 year

-0.97%

-1.13%

+0.16%

Max Drawdown (3Y)

Largest decline over 3 years

-1.90%

-1.16%

-0.74%

Max Drawdown (5Y)

Largest decline over 5 years

-11.72%

-1.32%

-10.40%

Max Drawdown (10Y)

Largest decline over 10 years

—

-9.61%

—

Current Drawdown

Current decline from peak

-0.25%

-0.09%

-0.16%

Average Drawdown

Average peak-to-trough decline

-2.40%

-0.16%

-2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

0.25%

+0.09%

Volatility

OXLCP vs. NEAR - Volatility Comparison

Oxford Lane Capital Corp. (OXLCP) has a higher volatility of 0.70% compared to iShares Short Duration Bond Active ETF (NEAR) at 0.37%. This indicates that OXLCP's price experiences larger fluctuations and is considered to be riskier than NEAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

OXLCPNEARDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.70%

0.37%

+0.33%

Volatility (6M)

Calculated over the trailing 6-month period

2.58%

1.00%

+1.58%

Volatility (1Y)

Calculated over the trailing 1-year period

4.00%

1.36%

+2.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.33%

1.34%

+6.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.11%

2.50%

+22.61%

Dividends

OXLCP vs. NEAR - Dividend Comparison

OXLCP's dividend yield for the trailing twelve months is around 6.25%, more than NEAR's 4.44% yield.

PositionTTM20252024202320222021202020192018201720162015
NEAR
iShares Short Duration Bond Active ETF		4.44%4.54%5.00%4.59%1.78%0.76%1.53%2.69%2.25%1.52%1.07%0.85%
OXLCP
Oxford Lane Capital Corp.		6.25%6.35%6.49%6.82%6.89%6.18%6.02%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

OXLCP and NEAR 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.

OXLCP has higher volatility (0.70%) compared to NEAR (0.37%). In terms of maximum drawdown, OXLCP dropped -49.79% vs NEAR's -9.61%.

NEAR currently has the higher Sharpe Ratio (3.18 vs 2.49), 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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