PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PFLT vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.4

Performance

PFLT vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PennantPark Floating Rate Capital Ltd. (PFLT) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%350.00%400.00%450.00%500.00%JulyAugustSeptemberOctoberNovemberDecember
177.76%
477.58%
PFLT
VOO

Key characteristics

Sharpe Ratio

PFLT:

0.12

VOO:

2.25

Sortino Ratio

PFLT:

0.25

VOO:

2.98

Omega Ratio

PFLT:

1.03

VOO:

1.42

Calmar Ratio

PFLT:

0.15

VOO:

3.31

Martin Ratio

PFLT:

0.28

VOO:

14.77

Ulcer Index

PFLT:

6.08%

VOO:

1.90%

Daily Std Dev

PFLT:

13.61%

VOO:

12.46%

Max Drawdown

PFLT:

-69.77%

VOO:

-33.99%

Current Drawdown

PFLT:

-8.49%

VOO:

-2.47%

Returns By Period

In the year-to-date period, PFLT achieves a -1.68% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, PFLT has underperformed VOO with an annualized return of 7.47%, while VOO has yielded a comparatively higher 13.08% annualized return.


PFLT

YTD

-1.68%

1M

-2.44%

6M

-0.77%

1Y

0.39%

5Y*

8.15%

10Y*

7.47%

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


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.


Sharpe ratio
The chart of Sharpe ratio for PFLT, currently valued at 0.12, compared to the broader market-4.00-2.000.002.000.122.25
The chart of Sortino ratio for PFLT, currently valued at 0.25, compared to the broader market-4.00-2.000.002.004.000.252.98
The chart of Omega ratio for PFLT, currently valued at 1.03, compared to the broader market0.501.001.502.001.031.42
The chart of Calmar ratio for PFLT, currently valued at 0.15, compared to the broader market0.002.004.006.000.153.31
The chart of Martin ratio for PFLT, currently valued at 0.28, compared to the broader market-5.000.005.0010.0015.0020.0025.000.2814.77
PFLT
VOO

The current PFLT Sharpe Ratio is 0.12, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of PFLT and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.12
2.25
PFLT
VOO

Dividends

PFLT vs. VOO - Dividend Comparison

PFLT's dividend yield for the trailing twelve months is around 11.52%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
PFLT
PennantPark Floating Rate Capital Ltd.
11.52%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
0.91%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.49%
-2.47%
PFLT
VOO

Volatility

PFLT vs. VOO - Volatility Comparison

The current volatility for PennantPark Floating Rate Capital Ltd. (PFLT) is 2.80%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
2.80%
3.75%
PFLT
VOO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab