PNNT vs. USD
Compare and contrast key facts about PennantPark Investment Corporation (PNNT) and ProShares Ultra Semiconductors (USD).
USD is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Semiconductors Index (200%). It was launched on Jan 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PNNT or USD.
Correlation
The correlation between PNNT and USD is 0.38, 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
PNNT vs. USD - Performance Comparison
Key characteristics
PNNT:
1.14
USD:
1.91
PNNT:
1.60
USD:
2.34
PNNT:
1.21
USD:
1.30
PNNT:
1.31
USD:
3.21
PNNT:
3.20
USD:
8.01
PNNT:
6.25%
USD:
19.18%
PNNT:
17.47%
USD:
80.40%
PNNT:
-82.16%
USD:
-87.93%
PNNT:
-5.75%
USD:
-21.60%
Returns By Period
In the year-to-date period, PNNT achieves a 14.42% return, which is significantly lower than USD's 137.12% return. Over the past 10 years, PNNT has underperformed USD with an annualized return of 8.93%, while USD has yielded a comparatively higher 43.86% annualized return.
PNNT
14.42%
0.87%
-0.71%
18.89%
13.48%
8.93%
USD
137.12%
-4.89%
-11.97%
142.33%
53.19%
43.86%
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Risk-Adjusted Performance
PNNT vs. USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Investment Corporation (PNNT) and ProShares Ultra Semiconductors (USD). 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
PNNT vs. USD - Dividend Comparison
PNNT's dividend yield for the trailing twelve months is around 13.09%, while USD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | 13.09% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% | 11.75% | 9.66% |
USD ProShares Ultra Semiconductors | 0.00% | 0.10% | 0.30% | 0.00% | 0.21% | 1.09% | 1.74% | 0.48% | 7.11% | 0.63% | 2.78% | 0.93% |
Drawdowns
PNNT vs. USD - Drawdown Comparison
The maximum PNNT drawdown since its inception was -82.16%, smaller than the maximum USD drawdown of -87.93%. Use the drawdown chart below to compare losses from any high point for PNNT and USD. For additional features, visit the drawdowns tool.
Volatility
PNNT vs. USD - Volatility Comparison
The current volatility for PennantPark Investment Corporation (PNNT) is 4.70%, while ProShares Ultra Semiconductors (USD) has a volatility of 17.01%. This indicates that PNNT experiences smaller price fluctuations and is considered to be less risky than USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.