PFLT vs. RIO.L
PFLT (PennantPark Floating Rate Capital Ltd.) and RIO.L (Rio Tinto PLC) are both stocks. PFLT operates in Asset Management (Financial Services), while RIO.L operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, PFLT returned 5.33%/yr vs 20.72%/yr for RIO.L. At a 0.19 correlation, their price movements are largely independent.
Performance
PFLT vs. RIO.L - Performance Comparison
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Different Trading Currencies
PFLT is traded in USD, while RIO.L is traded in GBp. To make them comparable, the RIO.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PFLT achieves a -13.49% return, which is significantly lower than RIO.L's 24.60% return. Over the past 10 years, PFLT has underperformed RIO.L with an annualized return of 5.33%, while RIO.L has yielded a comparatively higher 20.72% annualized return.
PFLT
- 1D
- -1.32%
- 1M
- -8.82%
- YTD
- -13.49%
- 6M
- -11.20%
- 1Y
- -17.85%
- 3Y*
- 0.05%
- 5Y*
- 0.63%
- 10Y*
- 5.33%
RIO.L
- 1D
- -2.39%
- 1M
- -4.70%
- YTD
- 24.60%
- 6M
- 28.73%
- 1Y
- 84.66%
- 3Y*
- 21.37%
- 5Y*
- 12.55%
- 10Y*
- 20.72%
PFLT vs. RIO.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | -13.49% | -4.17% | 0.62% | 23.05% | -5.53% | 32.64% | -1.41% | 15.52% | -8.29% | 5.49% |
RIO.L Rio Tinto PLC | 24.60% | 44.94% | -14.82% | 12.61% | 17.90% | -0.65% | 34.36% | 33.42% | -5.37% | 43.93% |
Correlation
The correlation between PFLT and RIO.L 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 | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2011 | 0.19 |
Fundamentals
PFLT:
$1.69
RIO.L:
$13.15
PFLT:
4.42
RIO.L:
7.44
PFLT:
2.28
RIO.L:
1.44
PFLT:
$229.78M
RIO.L:
$111.44B
PFLT:
$45.40M
RIO.L:
$45.93B
PFLT:
$38.59M
RIO.L:
$44.33B
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Return for Risk
PFLT vs. RIO.L — Risk / Return Rank
PFLT
RIO.L
PFLT vs. RIO.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Floating Rate Capital Ltd. (PFLT) and Rio Tinto PLC (RIO.L). 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.
| PFLT | RIO.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.88 | ||
| Sortino ratioReturn per unit of downside risk | -4.75 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.45 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 5.48 | -6.30 |
| Martin ratioReturn relative to average drawdown | -1.50 | 19.48 | -20.98 |
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Drawdowns
PFLT vs. RIO.L - Drawdown Comparison
The maximum PFLT drawdown since its inception was -69.77%, smaller than the maximum RIO.L drawdown of -88.71%. Use the drawdown chart below to compare losses from any high point for PFLT and RIO.L.
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Drawdown Indicators
| PFLT | RIO.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.77% | -88.71% | +18.94% |
Max Drawdown (1Y)Largest decline over 1 year | -21.90% | -15.38% | -6.52% |
Max Drawdown (3Y)Largest decline over 3 years | -22.96% | -23.98% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | -35.65% | +6.01% |
Max Drawdown (10Y)Largest decline over 10 years | -69.77% | -38.42% | -31.35% |
Current DrawdownCurrent decline from peak | -22.85% | -12.56% | -10.29% |
Average DrawdownAverage peak-to-trough decline | -8.33% | -28.10% | +19.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.93% | 4.33% | +7.60% |
Volatility
PFLT vs. RIO.L - Volatility Comparison
The current volatility for PennantPark Floating Rate Capital Ltd. (PFLT) is 8.03%, while Rio Tinto PLC (RIO.L) has a volatility of 9.71%. This indicates that PFLT experiences smaller price fluctuations and is considered to be less risky than RIO.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PFLT | RIO.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.03% | 9.71% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 17.12% | 23.54% | -6.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.81% | 28.04% | -7.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.28% | 29.47% | -8.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.98% | 30.70% | -1.72% |
Dividends
PFLT vs. RIO.L - Dividend Comparison
PFLT's dividend yield for the trailing twelve months is around 16.18%, more than RIO.L's 4.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 16.18% | 13.27% | 11.25% | 9.98% | 10.38% | 8.93% | 10.83% | 9.24% | 9.59% | 8.31% | 8.08% | 10.04% |
RIO.L Rio Tinto PLC | 4.06% | 4.75% | 7.16% | 5.53% | 9.90% | 14.14% | 5.43% | 5.76% | 6.07% | 4.66% | 3.42% | 7.42% |
Financials
PFLT vs. RIO.L - Financials Comparison
This section allows you to compare key financial metrics between PennantPark Floating Rate Capital Ltd. and Rio Tinto PLC. 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
PFLT vs. RIO.L - Profitability Comparison
PFLT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PennantPark Floating Rate Capital Ltd. reported a gross profit of 1.39M and revenue of 110.28M. Therefore, the gross margin over that period was 1.3%.
RIO.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a gross profit of 8.22B and revenue of 30.91B. Therefore, the gross margin over that period was 26.6%.
PFLT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PennantPark Floating Rate Capital Ltd. reported an operating income of 3.99M and revenue of 110.28M, resulting in an operating margin of 3.6%.
RIO.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported an operating income of 8.22B and revenue of 30.91B, resulting in an operating margin of 26.6%.
PFLT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PennantPark Floating Rate Capital Ltd. reported a net income of 85.16M and revenue of 110.28M, resulting in a net margin of 77.2%.
RIO.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Rio Tinto PLC reported a net income of 5.46B and revenue of 30.91B, resulting in a net margin of 17.7%.
Frequently Asked Questions
PFLT and RIO.L 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.
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