PFC.NS vs. RECLTD.NS

Last updated Jun 5, 2026

PFC.NS (Power Finance Corporation Limited) and RECLTD.NS (REC Limited) are both stocks. Both operate in the Credit Services industry within the Financial Services sector. Over the past 10 years, PFC.NS returned 22.91%/yr vs 27.86%/yr for RECLTD.NS. A 0.76 correlation means they provide meaningful diversification when combined.

Performance

PFC.NS vs. RECLTD.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Power Finance Corporation Limited (PFC.NS) and REC Limited (RECLTD.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFC.NS achieves a 21.56% return, which is significantly higher than RECLTD.NS's -3.99% return. Over the past 10 years, PFC.NS has underperformed RECLTD.NS with an annualized return of 22.91%, while RECLTD.NS has yielded a comparatively higher 27.86% annualized return.

PFC.NS

• 1D: 1.88%
• 1M: -8.50%
• YTD: 21.56%
• 6M: 22.51%
• 1Y: 8.49%
• 3Y*: 45.62%
• 5Y*: 39.55%
• 10Y*: 22.91%

RECLTD.NS

• 1D: 2.93%
• 1M: -6.66%
• YTD: -3.99%
• 6M: -3.04%
• 1Y: -12.33%
• 3Y*: 39.18%
• 5Y*: 33.46%
• 10Y*: 27.86%

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

PFC.NS vs. RECLTD.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFC.NS Power Finance Corporation Limited	21.56%	-17.33%	21.27%	251.91%	24.63%	5.84%	-3.05%	9.83%	-11.83%	-0.16%
RECLTD.NS REC Limited	-3.99%	-25.12%	25.39%	283.20%	32.56%	7.60%	6.16%	26.92%	-16.33%	32.56%

Correlation

The correlation between PFC.NS and RECLTD.NS is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.82
Correlation (All Time) Calculated using the full available price history since Mar 13, 2008	0.76

The correlation between PFC.NS and RECLTD.NS shifts across timeframes, from 0.76 (all time) to 0.89 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

PFC.NS vs. RECLTD.NS — Risk / Return Rank

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

PFC.NS

PFC.NS Risk / Return Rank: 50
PFC.NS Sharpe Ratio Rank: 54
PFC.NS Sortino Ratio Rank: 47
PFC.NS Omega Ratio Rank: 45
PFC.NS Calmar Ratio Rank: 52
PFC.NS Martin Ratio Rank: 53

RECLTD.NS

RECLTD.NS Risk / Return Rank: 22
RECLTD.NS Sharpe Ratio Rank: 21
RECLTD.NS Sortino Ratio Rank: 20
RECLTD.NS Omega Ratio Rank: 21
RECLTD.NS Calmar Ratio Rank: 25
RECLTD.NS Martin Ratio Rank: 23

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.

PFC.NS vs. RECLTD.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Power Finance Corporation Limited (PFC.NS) and REC Limited (RECLTD.NS). 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.

	PFC.NS	RECLTD.NS	Difference
Sharpe ratio: Return per unit of total volatility	0.35	-0.46	+0.80
Sortino ratio: Return per unit of downside risk	0.71	-0.50	+1.21
Omega ratio: Gain probability vs. loss probability	1.08	0.94	+0.14
Calmar ratio: Return relative to maximum drawdown	0.45	-0.48	+0.93
Martin ratio: Return relative to average drawdown	1.05	-0.96	+2.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFC.NS vs. RECLTD.NS - Sharpe Ratio Comparison

The current PFC.NS Sharpe Ratio is 0.35, which is higher than the RECLTD.NS Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of PFC.NS and RECLTD.NS, 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

	PFC.NS	RECLTD.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.35	-0.46	+0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.13	0.94	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	0.76	-0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.47	-0.15

Drawdowns

PFC.NS vs. RECLTD.NS - Drawdown Comparison

The maximum PFC.NS drawdown since its inception was -74.24%, which is greater than RECLTD.NS's maximum drawdown of -61.59%. Use the drawdown chart below to compare losses from any high point for PFC.NS and RECLTD.NS.

Drawdown Indicators

	PFC.NS	RECLTD.NS	Difference
Max Drawdown Largest peak-to-trough decline	-74.24%	-61.59%	-12.65%
Max Drawdown (1Y) Largest decline over 1 year	-20.76%	-24.55%	+3.79%
Max Drawdown (3Y) Largest decline over 3 years	-37.63%	-48.57%	+10.94%
Max Drawdown (5Y) Largest decline over 5 years	-37.63%	-48.57%	+10.94%
Max Drawdown (10Y) Largest decline over 10 years	-59.02%	-55.97%	-3.05%
Current Drawdown Current decline from peak	-19.57%	-43.49%	+23.92%
Average Drawdown Average peak-to-trough decline	-34.41%	-26.12%	-8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.84%	12.37%	-3.53%

Volatility

PFC.NS vs. RECLTD.NS - Volatility Comparison

Power Finance Corporation Limited (PFC.NS) and REC Limited (RECLTD.NS) have volatilities of 6.93% and 6.69%, 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.

Volatility by Period

	PFC.NS	RECLTD.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.93%	6.69%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	22.52%	22.07%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	26.98%	26.03%	+0.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.81%	36.23%	-0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.87%	37.59%	+0.28%

Dividends

PFC.NS vs. RECLTD.NS - Dividend Comparison

PFC.NS's dividend yield for the trailing twelve months is around 3.92%, less than RECLTD.NS's 5.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFC.NS Power Finance Corporation Limited	3.92%	4.61%	3.51%	2.03%	4.53%	1.07%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
RECLTD.NS REC Limited	5.85%	5.52%	3.40%	3.42%	11.24%	8.38%	12.70%	7.69%	7.49%	6.20%	6.85%	4.72%

Financials

Frequently Asked Questions

Can I hold both PFC.NS and RECLTD.NS in my portfolio?

PFC.NS and RECLTD.NS have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.