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.
Performance
PFLT vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, PFLT achieves a 0.69% return, which is significantly lower than VOO's 26.16% return. Over the past 10 years, PFLT has underperformed VOO with an annualized return of 7.56%, while VOO has yielded a comparatively higher 13.18% annualized return.
PFLT
0.69%
-2.68%
3.46%
11.93%
9.83%
7.56%
VOO
26.16%
1.77%
13.62%
32.33%
15.68%
13.18%
Key characteristics
| PFLT | VOO | |
|---|---|---|
| Sharpe Ratio | 0.91 | 2.70 |
| Sortino Ratio | 1.25 | 3.60 |
| Omega Ratio | 1.17 | 1.50 |
| Calmar Ratio | 1.10 | 3.90 |
| Martin Ratio | 2.19 | 17.65 |
| Ulcer Index | 5.78% | 1.86% |
| Daily Std Dev | 13.88% | 12.19% |
| Max Drawdown | -69.77% | -33.99% |
| Current Drawdown | -6.28% | -0.86% |
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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.
Risk-Adjusted Performance
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 11.14%, more than VOO's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 11.14% | 9.98% | 10.38% | 8.93% | 10.83% | 9.36% | 9.85% | 8.31% | 8.08% | 10.04% | 7.87% | 7.63% |
VOO Vanguard S&P 500 ETF | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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) and Vanguard S&P 500 ETF (VOO) have volatilities of 4.15% and 3.99%, 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.