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:
0.65
VOO:
0.63
PFLT:
0.94
VOO:
0.92
PFLT:
1.13
VOO:
1.12
PFLT:
0.79
VOO:
0.87
PFLT:
2.27
VOO:
2.88
PFLT:
3.99%
VOO:
3.04%
PFLT:
13.89%
VOO:
13.87%
PFLT:
-69.77%
VOO:
-33.99%
PFLT:
-2.54%
VOO:
-8.18%
Returns By Period
In the year-to-date period, PFLT achieves a 4.72% return, which is significantly higher than VOO's -3.94% return. Over the past 10 years, PFLT has underperformed VOO with an annualized return of 7.88%, while VOO has yielded a comparatively higher 12.55% annualized return.
PFLT
4.72%
-0.92%
2.46%
10.82%
33.50%
7.88%
VOO
-3.94%
-5.26%
-0.67%
8.88%
19.28%
12.55%
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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 11.05%, more than VOO's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 11.05% | 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 | 1.35% | 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
The current volatility for PennantPark Floating Rate Capital Ltd. (PFLT) is 4.02%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.76%. This indicates that PFLT experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.