OXSQ vs. MOAT

Last updated Jun 4, 2026

OXSQ (Oxford Square Capital Corp.) is a stock, while MOAT (VanEck Vectors Morningstar Wide Moat ETF) is Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Over the past 5 years, OXSQ returned -10.36%/yr vs 8.01%/yr for MOAT. At a 0.32 correlation, their price movements are largely independent.

Performance

OXSQ vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Oxford Square Capital Corp. (OXSQ) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OXSQ achieves a -15.59% return, which is significantly lower than MOAT's -0.94% return.

OXSQ

• 1D: -3.57%
• 1M: -29.35%
• YTD: -15.59%
• 6M: -17.72%
• 1Y: -27.67%
• 3Y*: -7.44%
• 5Y*: -10.36%
• 10Y*: —

MOAT

• 1D: -1.37%
• 1M: 3.30%
• YTD: -0.94%
• 6M: -0.69%
• 1Y: 14.97%
• 3Y*: 11.34%
• 5Y*: 8.01%
• 10Y*: 13.37%

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

OXSQ vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
OXSQ Oxford Square Capital Corp.	-15.59%	-13.32%	-1.86%	7.92%	-14.37%	47.13%	-32.37%	-4.32%	16.80%
MOAT VanEck Vectors Morningstar Wide Moat ETF	-0.94%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.09%

Correlation

The correlation between OXSQ and MOAT is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.24
Correlation (5Y) Calculated over the trailing 5-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 22, 2018	0.32

The correlation between OXSQ and MOAT shifts across timeframes, from 0.14 (1 year) to 0.32 (all time), reflecting how their relationship changes across market environments.

Return for Risk

OXSQ vs. MOAT — Risk / Return Rank

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

OXSQ

OXSQ Risk / Return Rank: 10
OXSQ Sharpe Ratio Rank: 10
OXSQ Sortino Ratio Rank: 13
OXSQ Omega Ratio Rank: 12
OXSQ Calmar Ratio Rank: 12
OXSQ Martin Ratio Rank: 2

MOAT

MOAT Risk / Return Rank: 27
MOAT Sharpe Ratio Rank: 29
MOAT Sortino Ratio Rank: 29
MOAT Omega Ratio Rank: 27
MOAT Calmar Ratio Rank: 25
MOAT Martin Ratio Rank: 27

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.

OXSQ vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Oxford Square Capital Corp. (OXSQ) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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.

	OXSQ	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	-0.74	1.09	-1.83
Sortino ratio: Return per unit of downside risk	-0.90	1.64	-2.54
Omega ratio: Gain probability vs. loss probability	0.88	1.19	-0.31
Calmar ratio: Return relative to maximum drawdown	-0.76	1.21	-1.97
Martin ratio: Return relative to average drawdown	-1.75	3.77	-5.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OXSQ vs. MOAT - Sharpe Ratio Comparison

The current OXSQ Sharpe Ratio is -0.74, which is lower than the MOAT Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of OXSQ and MOAT, 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

	OXSQ	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	1.09	-1.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	0.44	-0.83
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.10	0.77	-0.87

Drawdowns

OXSQ vs. MOAT - Drawdown Comparison

The maximum OXSQ drawdown since its inception was -67.11%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for OXSQ and MOAT.

Drawdown Indicators

	OXSQ	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-67.11%	-33.31%	-33.80%
Max Drawdown (1Y) Largest decline over 1 year	-36.46%	-12.43%	-24.03%
Max Drawdown (3Y) Largest decline over 3 years	-43.85%	-21.44%	-22.41%
Max Drawdown (5Y) Largest decline over 5 years	-47.48%	-23.96%	-23.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.31%	—
Current Drawdown Current decline from peak	-45.14%	-4.72%	-40.42%
Average Drawdown Average peak-to-trough decline	-21.03%	-3.83%	-17.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.85%	3.98%	+11.87%

Volatility

OXSQ vs. MOAT - Volatility Comparison

Oxford Square Capital Corp. (OXSQ) has a higher volatility of 23.75% compared to VanEck Vectors Morningstar Wide Moat ETF (MOAT) at 3.82%. This indicates that OXSQ's price experiences larger fluctuations and is considered to be riskier than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OXSQ	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.75%	3.82%	+19.93%
Volatility (6M) Calculated over the trailing 6-month period	30.87%	9.87%	+21.00%
Volatility (1Y) Calculated over the trailing 1-year period	37.46%	13.86%	+23.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.58%	18.18%	+8.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.29%	18.68%	+16.61%

Dividends

OXSQ vs. MOAT - Dividend Comparison

OXSQ's dividend yield for the trailing twelve months is around 31.11%, more than MOAT's 1.37% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Vectors Morningstar Wide Moat ETF	1.37%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
OXSQ Oxford Square Capital Corp.	31.11%	23.86%	17.21%	17.66%	13.46%	10.29%	20.07%	14.76%	9.27%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OXSQ and MOAT in my portfolio?

OXSQ and MOAT have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OXSQ or MOAT?

OXSQ has higher volatility (23.75%) compared to MOAT (3.82%). In terms of maximum drawdown, OXSQ dropped -67.11% vs MOAT's -33.31%.

Which has better risk-adjusted returns?

MOAT currently has the higher Sharpe Ratio (1.09 vs -0.74), 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.