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 0.36, 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:
0.92
VOO:
1.89
PFLT:
1.27
VOO:
2.54
PFLT:
1.18
VOO:
1.35
PFLT:
1.09
VOO:
2.83
PFLT:
3.17
VOO:
11.83
PFLT:
3.95%
VOO:
2.02%
PFLT:
13.56%
VOO:
12.66%
PFLT:
-69.77%
VOO:
-33.99%
PFLT:
-1.28%
VOO:
-0.42%
Returns By Period
In the year-to-date period, PFLT achieves a 5.41% return, which is significantly higher than VOO's 4.17% return. Over the past 10 years, PFLT has underperformed VOO with an annualized return of 8.08%, while VOO has yielded a comparatively higher 13.26% annualized return.
PFLT
5.41%
1.01%
6.85%
12.29%
9.47%
8.08%
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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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 10.88%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 10.88% | 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 | 1.19% | 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 5.02% compared to Vanguard S&P 500 ETF (VOO) at 2.94%. 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.