PFSEX vs. HTGC

Last updated Apr 1, 2026

Compare and contrast key facts about PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) and Hercules Capital, Inc. (HTGC).

PFSEX is managed by The Pacific Financial Group. It was launched on Dec 10, 2017.

Performance

PFSEX vs. HTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) and Hercules Capital, Inc. (HTGC). The values are adjusted to include any dividend payments, if applicable.

PFSEX vs. HTGC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PFSEX PFG JP Morgan Tactical Aggressive Strategy Fund	-6.26%	17.66%	15.07%	19.04%	-17.22%	17.81%	11.91%	22.25%	-15.09%
HTGC Hercules Capital, Inc.	-18.99%	3.54%	33.33%	42.91%	-10.42%	26.50%	14.49%	39.86%	-16.21%

Returns By Period

In the year-to-date period, PFSEX achieves a -6.26% return, which is significantly higher than HTGC's -18.99% return.

PFSEX

• 1D: -0.30%
• 1M: -9.04%
• YTD: -6.26%
• 6M: -4.38%
• 1Y: 13.04%
• 3Y*: 12.52%
• 5Y*: 6.62%
• 10Y*: —

HTGC

• 1D: 4.01%
• 1M: 3.94%
• YTD: -18.99%
• 6M: -17.22%
• 1Y: -14.23%
• 3Y*: 16.72%
• 5Y*: 9.21%
• 10Y*: 12.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

PFSEX vs. HTGC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFSEX

PFSEX Risk / Return Rank: 38
PFSEX Sharpe Ratio Rank: 35
PFSEX Sortino Ratio Rank: 37
PFSEX Omega Ratio Rank: 39
PFSEX Calmar Ratio Rank: 36
PFSEX Martin Ratio Rank: 44

HTGC

HTGC Risk / Return Rank: 17
HTGC Sharpe Ratio Rank: 17
HTGC Sortino Ratio Rank: 18
HTGC Omega Ratio Rank: 18
HTGC Calmar Ratio Rank: 23
HTGC Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFSEX vs. HTGC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) and Hercules Capital, Inc. (HTGC). 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.

	PFSEX	HTGC	Difference
Sharpe ratio Return per unit of total volatility	0.78	-0.56	+1.34
Sortino ratio Return per unit of downside risk	1.21	-0.62	+1.83
Omega ratio Gain probability vs. loss probability	1.18	0.92	+0.26
Calmar ratio Return relative to maximum drawdown	0.96	-0.58	+1.55
Martin ratio Return relative to average drawdown	4.33	-1.54	+5.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFSEX vs. HTGC - Sharpe Ratio Comparison

The current PFSEX Sharpe Ratio is 0.78, which is higher than the HTGC Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of PFSEX and HTGC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PFSEX	HTGC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	-0.56	+1.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.36	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.35	+0.05

Correlation

The correlation between PFSEX and HTGC is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PFSEX vs. HTGC - Dividend Comparison

PFSEX's dividend yield for the trailing twelve months is around 18.52%, more than HTGC's 12.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFSEX PFG JP Morgan Tactical Aggressive Strategy Fund	18.52%	17.36%	1.71%	0.00%	6.35%	5.13%	0.00%	0.00%	3.27%	0.00%	0.00%	0.00%
HTGC Hercules Capital, Inc.	12.73%	9.99%	9.56%	11.40%	13.77%	9.76%	9.02%	9.49%	11.40%	9.45%	8.79%	10.17%

Drawdowns

PFSEX vs. HTGC - Drawdown Comparison

The maximum PFSEX drawdown since its inception was -33.76%, smaller than the maximum HTGC drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for PFSEX and HTGC.

Drawdown Indicators

	PFSEX	HTGC	Difference
Max Drawdown Largest peak-to-trough decline	-33.76%	-68.21%	+34.45%
Max Drawdown (1Y) Largest decline over 1 year	-11.60%	-24.74%	+13.14%
Max Drawdown (5Y) Largest decline over 5 years	-28.41%	-36.11%	+7.70%
Max Drawdown (10Y) Largest decline over 10 years	—	-57.54%	—
Current Drawdown Current decline from peak	-9.85%	-23.41%	+13.56%
Average Drawdown Average peak-to-trough decline	-7.04%	-10.79%	+3.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	9.38%	-6.80%

Volatility

PFSEX vs. HTGC - Volatility Comparison

The current volatility for PFG JP Morgan Tactical Aggressive Strategy Fund (PFSEX) is 4.97%, while Hercules Capital, Inc. (HTGC) has a volatility of 8.67%. This indicates that PFSEX experiences smaller price fluctuations and is considered to be less risky than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFSEX	HTGC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	8.67%	-3.70%
Volatility (6M) Calculated over the trailing 6-month period	9.34%	19.68%	-10.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.96%	25.56%	-8.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.17%	25.66%	-9.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.53%	27.76%	-9.23%