PHD vs. BANX

Last updated Jun 4, 2026

PHD (Pioneer Floating Rate Fund, Inc.) and BANX (StoneCastle Financial Corp.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, PHD returned -22.88%/yr vs 10.38%/yr for BANX. At a 0.11 correlation, their price movements are largely independent.

Performance

PHD vs. BANX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Floating Rate Fund, Inc. (PHD) and StoneCastle Financial Corp. (BANX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

Over the past 10 years, PHD has underperformed BANX with an annualized return of -22.88%, while BANX has yielded a comparatively higher 10.38% annualized return.

PHD

• 1D: -95.98%
• 1M: -95.98%
• YTD: -0.00%
• 6M: -0.00%
• 1Y: -95.85%
• 3Y*: -60.81%
• 5Y*: -44.55%
• 10Y*: -22.88%

BANX

• 1D: 0.15%
• 1M: 1.74%
• YTD: -5.58%
• 6M: -2.02%
• 1Y: 11.94%
• 3Y*: 16.94%
• 5Y*: 7.94%
• 10Y*: 10.38%

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

PHD vs. BANX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHD Pioneer Floating Rate Fund, Inc.	-0.00%	-95.64%	16.93%	18.20%	-17.24%	21.32%	-0.22%	20.28%	-8.94%	2.66%
BANX StoneCastle Financial Corp.	-5.58%	15.64%	27.68%	20.43%	-15.27%	20.95%	-5.78%	23.84%	2.95%	16.01%

Correlation

The correlation between PHD and BANX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.10
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.12
Correlation (All Time) Calculated using the full available price history since Nov 8, 2013	0.11

The correlation between PHD and BANX shifts across timeframes, from 0.01 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PHD : $4.95M BANX : $154.33M
PB Ratio PHD : 0.04 BANX : 0.90
Total Revenue (TTM) PHD : $36.22M BANX : $46.84M
Gross Profit (TTM) PHD : $36.22M BANX : $39.03M
EBITDA (TTM) PHD : $1.67M BANX : $45.24M

Return for Risk

PHD vs. BANX — Risk / Return Rank

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

PHD

PHD Risk / Return Rank: 48
PHD Sharpe Ratio Rank: 39
PHD Sortino Ratio Rank: 100
PHD Omega Ratio Rank: 100
PHD Calmar Ratio Rank: 0
PHD Martin Ratio Rank: 0

BANX

BANX Risk / Return Rank: 60
BANX Sharpe Ratio Rank: 65
BANX Sortino Ratio Rank: 58
BANX Omega Ratio Rank: 58
BANX Calmar Ratio Rank: 60
BANX Martin Ratio Rank: 60

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.

PHD vs. BANX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Floating Rate Fund, Inc. (PHD) and StoneCastle Financial Corp. (BANX). 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.

	PHD	BANX	Difference
Sharpe ratio Return per unit of total volatility	-0.02	0.77	-0.80
Sortino ratio Return per unit of downside risk	32.69	1.17	+31.52
Omega ratio Gain probability vs. loss probability	16.19	1.16	+15.04
Calmar ratio Return relative to maximum drawdown	-1.03	0.91	-1.94
Martin ratio Return relative to average drawdown	-3.03	2.09	-5.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PHD vs. BANX - Sharpe Ratio Comparison

The current PHD Sharpe Ratio is -0.02, which is lower than the BANX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of PHD and BANX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PHD	BANX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	0.77	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.38	-0.41
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.02	0.38	-0.40
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	0.26	-0.28

Drawdowns

PHD vs. BANX - Drawdown Comparison

The maximum PHD drawdown since its inception was -96.00%, which is greater than BANX's maximum drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for PHD and BANX.

Drawdown Indicators

	PHD	BANX	Difference
Max Drawdown Largest peak-to-trough decline	-96.00%	-55.06%	-40.94%
Max Drawdown (1Y) Largest decline over 1 year	-96.00%	-13.20%	-82.80%
Max Drawdown (3Y) Largest decline over 3 years	-96.00%	-13.71%	-82.29%
Max Drawdown (5Y) Largest decline over 5 years	-96.00%	-28.50%	-67.50%
Max Drawdown (10Y) Largest decline over 10 years	-96.00%	-55.06%	-40.94%
Current Drawdown Current decline from peak	-96.00%	-6.77%	-89.23%
Average Drawdown Average peak-to-trough decline	-9.52%	-9.46%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.10%	5.73%	+21.37%

Volatility

PHD vs. BANX - Volatility Comparison

Pioneer Floating Rate Fund, Inc. (PHD) has a higher volatility of 565.86% compared to StoneCastle Financial Corp. (BANX) at 2.99%. This indicates that PHD's price experiences larger fluctuations and is considered to be riskier than BANX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PHD	BANX	Difference
Volatility (1M) Calculated over the trailing 1-month period	565.86%	2.99%	+562.87%
Volatility (6M) Calculated over the trailing 6-month period	720.94%	11.58%	+709.36%
Volatility (1Y) Calculated over the trailing 1-year period	4,070.94%	15.54%	+4,055.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1,564.39%	20.75%	+1,543.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1,087.64%	27.54%	+1,060.10%

Dividends

PHD vs. BANX - Dividend Comparison

PHD's dividend yield for the trailing twelve months is around 37.50%, more than BANX's 13.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BANX StoneCastle Financial Corp.	13.16%	10.54%	9.53%	12.11%	9.74%	5.64%	8.16%	6.82%	7.88%	7.45%	7.81%	9.26%
PHD Pioneer Floating Rate Fund, Inc.	37.50%	131.25%	10.36%	11.91%	9.75%	6.24%	6.67%	7.29%	6.71%	6.28%	6.13%	6.50%

Financials

PHD vs. BANX - Profitability Comparison

The chart below illustrates the profitability comparison between Pioneer Floating Rate Fund, Inc. and StoneCastle Financial Corp. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PHD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pioneer Floating Rate Fund, Inc. reported a gross profit of 7.84M and revenue of 7.84M. Therefore, the gross margin over that period was 100.0%.

BANX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, StoneCastle Financial Corp. reported a gross profit of 9.56M and revenue of 11.52M. Therefore, the gross margin over that period was 83.0%.

PHD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pioneer Floating Rate Fund, Inc. reported an operating income of 6.99M and revenue of 7.84M, resulting in an operating margin of 89.2%.

BANX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, StoneCastle Financial Corp. reported an operating income of 9.33M and revenue of 11.52M, resulting in an operating margin of 81.0%.

PHD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pioneer Floating Rate Fund, Inc. reported a net income of 1.95M and revenue of 7.84M, resulting in a net margin of 24.9%.

BANX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, StoneCastle Financial Corp. reported a net income of 7.61M and revenue of 11.52M, resulting in a net margin of 66.1%.

Frequently Asked Questions

Can I hold both PHD and BANX in my portfolio?

PHD and BANX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PHD or BANX?

PHD has higher volatility (565.86%) compared to BANX (2.99%). In terms of maximum drawdown, PHD dropped -96.00% vs BANX's -55.06%.

Which has better risk-adjusted returns?

BANX currently has the higher Sharpe Ratio (0.77 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.