PECO vs. HRZN
PECO (Phillips Edison & Company, Inc.) and HRZN (Horizon Technology Finance Corporation) are both stocks. PECO operates in REIT - Retail (Real Estate), while HRZN operates in Asset Management (Financial Services). Over the past 5 years, PECO returned 12.47%/yr vs -13.59%/yr for HRZN. Their 0.26 correlation means their historical movements had little consistent relationship.
Performance
PECO vs. HRZN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PECO achieves a 21.80% return, which is significantly higher than HRZN's -25.37% return.
PECO
- 1D
- 0.12%
- 1M
- 1.28%
- 6M
- 19.21%
- YTD
- 21.80%
- 1Y
- 31.23%
- 3Y*
- 9.87%
- 5Y*
- 12.47%
- 10Y*
- —
- ALL TIME*
- 12.36%
HRZN
- 1D
- -1.82%
- 1M
- -7.30%
- 6M
- -29.32%
- YTD
- -25.37%
- 1Y
- -31.80%
- 3Y*
- -19.76%
- 5Y*
- -13.59%
- 10Y*
- 0.01%
- ALL TIME*
- 2.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.25M | $2.64M | $3.35M | |
| $41.05M | $36.52M | $42.62M |
PECO vs. HRZN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PECO Phillips Edison & Company, Inc. | 21.80% | -1.59% | 6.20% | 18.53% | -0.33% | 19.67% |
HRZN Horizon Technology Finance Corporation | -25.37% | -14.44% | -22.87% | 26.99% | -19.72% | -6.04% |
Correlation
The correlation between PECO and HRZN is 0.05, 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. | 0.05 |
Correlation (3Y) Balances recent behavior with more history. | 0.19 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2021 | 0.26 |
Over the past year, the correlation between PECO and HRZN has dropped to 0.05 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
PECO:
$5.46B
HRZN:
$190.63M
PECO:
$1.48
HRZN:
$0.62
PECO:
28.75
HRZN:
6.97
PECO:
0.42
HRZN:
0.14
PECO:
5.50
HRZN:
3.67
PECO:
$750.89M
HRZN:
$53.12M
PECO:
$533.12M
HRZN:
$47.15M
PECO:
$411.50M
HRZN:
$51.20M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PECO vs. HRZN — Risk / Return Rank
PECO
HRZN
PECO vs. HRZN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Phillips Edison & Company, Inc. (PECO) and Horizon Technology Finance Corporation (HRZN). 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.
| PECO | HRZN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.75 | ||
| Sortino ratioReturn per unit of downside risk | +3.96 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.86 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | -0.79 | +4.71 |
| Martin ratioReturn relative to average drawdown | 9.98 | -1.40 | +11.38 |
Loading charts...
Drawdowns
PECO vs. HRZN - Drawdown Comparison
The maximum PECO drawdown since its inception was -23.11%, smaller than the maximum HRZN drawdown of -62.57%. Use the drawdown chart below to compare losses from any high point for PECO and HRZN.
Loading charts...
Drawdown Indicators
| PECO | HRZN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.11% | -62.57% | +39.46% |
Max Drawdown (1Y)Largest decline over 1 year | -7.74% | -42.21% | +34.47% |
Max Drawdown (3Y)Largest decline over 3 years | -15.78% | -59.36% | +43.58% |
Max Drawdown (5Y)Largest decline over 5 years | -23.11% | -62.57% | +39.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.57% | — |
Current DrawdownCurrent decline from peak | -3.45% | -56.18% | +52.73% |
Average DrawdownAverage peak-to-trough decline | -6.34% | -13.71% | +7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 24.47% | -21.43% |
Volatility
PECO vs. HRZN - Volatility Comparison
Phillips Edison & Company, Inc. (PECO) and Horizon Technology Finance Corporation (HRZN) have volatilities of 5.31% and 5.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PECO | HRZN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.31% | 5.08% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.85% | 40.09% | -28.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 42.06% | -26.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.48% | 31.47% | -8.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.48% | 36.49% | -14.01% |
Dividends
PECO vs. HRZN - Dividend Comparison
PECO's dividend yield for the trailing twelve months is around 3.04%, less than HRZN's 25.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HRZN Horizon Technology Finance Corporation | 25.46% | 20.47% | 15.24% | 10.40% | 10.86% | 7.85% | 9.44% | 9.28% | 10.67% | 10.70% | 12.96% | 11.76% |
PECO Phillips Edison & Company, Inc. | 3.04% | 3.52% | 3.18% | 3.12% | 3.43% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
PECO vs. HRZN - Financials Comparison
This section allows you to compare key financial metrics between Phillips Edison & Company, Inc. and Horizon Technology Finance Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PECO and HRZN have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PECO has higher volatility (5.31%) compared to HRZN (5.08%). In terms of maximum drawdown, PECO dropped -23.11% vs HRZN's -62.57%.
PECO currently has the higher Sharpe Ratio (1.96 vs -0.79), 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.
Find the right allocation for PECO and HRZN
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer