PNNT vs. WMT
PNNT (PennantPark Investment Corporation) and WMT (Walmart Inc.) are both stocks. PNNT operates in Asset Management (Financial Services), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, PNNT returned 7.07%/yr vs 19.77%/yr for WMT. At a 0.20 correlation, their price movements are largely independent.
Performance
PNNT vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, PNNT achieves a -29.84% return, which is significantly lower than WMT's 9.07% return. Over the past 10 years, PNNT has underperformed WMT with an annualized return of 7.07%, while WMT has yielded a comparatively higher 19.77% annualized return.
PNNT
- 1D
- 1.58%
- 1M
- -8.53%
- YTD
- -29.84%
- 6M
- -27.65%
- 1Y
- -33.82%
- 3Y*
- 0.38%
- 5Y*
- 0.83%
- 10Y*
- 7.07%
WMT
- 1D
- 0.45%
- 1M
- -7.93%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 28.71%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
PNNT vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | -29.84% | -2.96% | 16.56% | 37.25% | -8.90% | 61.71% | -17.99% | 14.30% | 2.05% | -0.65% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between PNNT and WMT is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.20 |
The correlation between PNNT and WMT shifts across timeframes, from -0.06 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
PNNT:
$302.41
WMT:
$2.88
PNNT:
0.01
WMT:
42.04
PNNT:
0.00
WMT:
2.75
PNNT:
2.20
WMT:
1.34
PNNT:
$85.01M
WMT:
$725.31B
PNNT:
$24.12M
WMT:
$181.16B
PNNT:
$16.10M
WMT:
$44.32B
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Return for Risk
PNNT vs. WMT — Risk / Return Rank
PNNT
WMT
PNNT vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Investment Corporation (PNNT) and Walmart Inc. (WMT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PNNT | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.47 | ||
| Sortino ratioReturn per unit of downside risk | -3.50 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.23 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 1.83 | -2.63 |
| Martin ratioReturn relative to average drawdown | -1.65 | 5.82 | -7.47 |
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Drawdowns
PNNT vs. WMT - Drawdown Comparison
The maximum PNNT drawdown since its inception was -82.16%, which is greater than WMT's maximum drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for PNNT and WMT.
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Drawdown Indicators
| PNNT | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.16% | -77.14% | -5.02% |
Max Drawdown (1Y)Largest decline over 1 year | -42.61% | -15.75% | -26.86% |
Max Drawdown (3Y)Largest decline over 3 years | -42.61% | -21.93% | -20.68% |
Max Drawdown (5Y)Largest decline over 5 years | -42.61% | -25.74% | -16.87% |
Max Drawdown (10Y)Largest decline over 10 years | -69.14% | -25.74% | -43.40% |
Current DrawdownCurrent decline from peak | -40.28% | -9.81% | -30.47% |
Average DrawdownAverage peak-to-trough decline | -15.29% | -14.63% | -0.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.58% | 4.94% | +15.64% |
Volatility
PNNT vs. WMT - Volatility Comparison
PennantPark Investment Corporation (PNNT) and Walmart Inc. (WMT) have volatilities of 9.97% and 9.86%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNNT | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.97% | 9.86% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 23.95% | 18.49% | +5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.06% | 23.67% | +3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.79% | 21.68% | +2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.76% | 21.73% | +11.03% |
Dividends
PNNT vs. WMT - Dividend Comparison
PNNT's dividend yield for the trailing twelve months is around 24.94%, more than WMT's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PNNT PennantPark Investment Corporation | 24.94% | 16.11% | 12.85% | 11.65% | 10.43% | 6.93% | 11.71% | 11.03% | 11.30% | 10.42% | 14.62% | 18.12% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
PNNT vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between PennantPark Investment Corporation and Walmart Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PNNT and WMT have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PNNT has higher volatility (9.97%) compared to WMT (9.86%). In terms of maximum drawdown, PNNT dropped -82.16% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.22 vs -1.25), 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.
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