PFLT vs. VOO
Compare and contrast key facts about PennantPark Floating Rate Capital Ltd. (PFLT) and Vanguard S&P 500 ETF (VOO).
VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFLT or VOO.
Correlation
The correlation between PFLT and VOO is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PFLT vs. VOO - Performance Comparison
Key characteristics
PFLT:
-0.09
VOO:
0.54
PFLT:
0.02
VOO:
0.88
PFLT:
1.00
VOO:
1.13
PFLT:
-0.09
VOO:
0.55
PFLT:
-0.32
VOO:
2.27
PFLT:
5.43%
VOO:
4.55%
PFLT:
20.24%
VOO:
19.19%
PFLT:
-69.77%
VOO:
-33.99%
PFLT:
-10.16%
VOO:
-9.90%
Returns By Period
In the year-to-date period, PFLT achieves a -3.48% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, PFLT has underperformed VOO with an annualized return of 6.78%, while VOO has yielded a comparatively higher 12.12% annualized return.
PFLT
-3.48%
-10.16%
-6.29%
-1.32%
19.67%
6.78%
VOO
-5.74%
-2.90%
-4.28%
9.78%
15.72%
12.12%
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Risk-Adjusted Performance
PFLT vs. VOO — Risk-Adjusted Performance Rank
PFLT
VOO
PFLT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Floating Rate Capital Ltd. (PFLT) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
PFLT vs. VOO - Dividend Comparison
PFLT's dividend yield for the trailing twelve months is around 12.12%, more than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 12.12% | 11.25% | 9.98% | 10.38% | 8.93% | 10.83% | 9.36% | 9.85% | 8.31% | 8.08% | 10.04% | 7.87% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PFLT vs. VOO - Drawdown Comparison
The maximum PFLT drawdown since its inception was -69.77%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PFLT and VOO. For additional features, visit the drawdowns tool.
Volatility
PFLT vs. VOO - Volatility Comparison
PennantPark Floating Rate Capital Ltd. (PFLT) has a higher volatility of 15.56% compared to Vanguard S&P 500 ETF (VOO) at 13.96%. This indicates that PFLT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.