PSEC vs. ADC

Last updated Apr 1, 2026

Compare and contrast key facts about Prospect Capital Corporation (PSEC) and Agree Realty Corporation (ADC).

Performance

PSEC vs. ADC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prospect Capital Corporation (PSEC) and Agree Realty Corporation (ADC). The values are adjusted to include any dividend payments, if applicable.

PSEC vs. ADC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSEC Prospect Capital Corporation	5.88%	-28.86%	-18.16%	-4.13%	-8.61%	70.00%	-3.54%	13.83%	4.09%	-9.44%
ADC Agree Realty Corporation	5.75%	6.62%	17.20%	-7.07%	3.50%	11.28%	-1.40%	22.71%	19.75%	16.42%

Fundamentals

EPS PSEC : -$0.86 ADC : $1.79
PS Ratio PSEC : 61.69 ADC : 11.68
Total Revenue (TTM) PSEC : $12.64M ADC : $718.40M
Gross Profit (TTM) PSEC : -$212.47M ADC : $648.34M
EBITDA (TTM) PSEC : -$257.87M ADC : $595.08M

Returns By Period

The year-to-date returns for both stocks are quite close, with PSEC having a 5.88% return and ADC slightly lower at 5.75%. Over the past 10 years, PSEC has underperformed ADC with an annualized return of 1.82%, while ADC has yielded a comparatively higher 11.40% annualized return.

PSEC

• 1D: 3.98%
• 1M: -2.32%
• YTD: 5.88%
• 6M: 4.98%
• 1Y: -23.27%
• 3Y*: -16.65%
• 5Y*: -9.07%
• 10Y*: 1.82%

ADC

• 1D: 0.90%
• 1M: -6.01%
• YTD: 5.75%
• 6M: 8.38%
• 1Y: 1.86%
• 3Y*: 7.91%
• 5Y*: 6.50%
• 10Y*: 11.40%

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

Return for Risk

PSEC vs. ADC — Risk / Return Rank

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

PSEC

PSEC Risk / Return Rank: 16
PSEC Sharpe Ratio Rank: 12
PSEC Sortino Ratio Rank: 13
PSEC Omega Ratio Rank: 15
PSEC Calmar Ratio Rank: 17
PSEC Martin Ratio Rank: 23

ADC

ADC Risk / Return Rank: 44
ADC Sharpe Ratio Rank: 46
ADC Sortino Ratio Rank: 37
ADC Omega Ratio Rank: 37
ADC Calmar Ratio Rank: 50
ADC Martin Ratio Rank: 48

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.

PSEC vs. ADC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prospect Capital Corporation (PSEC) and Agree Realty Corporation (ADC). 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.

	PSEC	ADC	Difference
Sharpe ratio Return per unit of total volatility	-0.69	0.11	-0.80
Sortino ratio Return per unit of downside risk	-0.90	0.28	-1.18
Omega ratio Gain probability vs. loss probability	0.90	1.03	-0.14
Calmar ratio Return relative to maximum drawdown	-0.72	0.31	-1.03
Martin ratio Return relative to average drawdown	-1.04	0.51	-1.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSEC vs. ADC - Sharpe Ratio Comparison

The current PSEC Sharpe Ratio is -0.69, which is lower than the ADC Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of PSEC and ADC, 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

	PSEC	ADC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.69	0.11	-0.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	0.35	-0.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.07	0.48	-0.41
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.38	-0.29

Correlation

The correlation between PSEC and ADC is 0.25, 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.

Dividends

PSEC vs. ADC - Dividend Comparison

PSEC's dividend yield for the trailing twelve months is around 20.69%, more than ADC's 4.12% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSEC Prospect Capital Corporation	20.69%	20.85%	16.01%	12.02%	10.30%	8.56%	13.31%	11.18%	11.41%	13.45%	11.98%	14.72%
ADC Agree Realty Corporation	4.12%	4.28%	4.26%	4.64%	3.95%	3.65%	3.61%	3.25%	3.65%	3.94%	4.17%	5.43%

Drawdowns

PSEC vs. ADC - Drawdown Comparison

The maximum PSEC drawdown since its inception was -61.51%, smaller than the maximum ADC drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for PSEC and ADC.

Drawdown Indicators

	PSEC	ADC	Difference
Max Drawdown Largest peak-to-trough decline	-61.51%	-70.25%	+8.74%
Max Drawdown (1Y) Largest decline over 1 year	-32.01%	-9.40%	-22.61%
Max Drawdown (5Y) Largest decline over 5 years	-55.18%	-29.52%	-25.66%
Max Drawdown (10Y) Largest decline over 10 years	-55.18%	-39.00%	-16.18%
Current Drawdown Current decline from peak	-48.91%	-7.66%	-41.25%
Average Drawdown Average peak-to-trough decline	-15.32%	-9.65%	-5.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.63%	5.76%	+16.87%

Volatility

PSEC vs. ADC - Volatility Comparison

Prospect Capital Corporation (PSEC) has a higher volatility of 9.13% compared to Agree Realty Corporation (ADC) at 4.39%. This indicates that PSEC's price experiences larger fluctuations and is considered to be riskier than ADC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSEC	ADC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.13%	4.39%	+4.74%
Volatility (6M) Calculated over the trailing 6-month period	24.68%	11.35%	+13.33%
Volatility (1Y) Calculated over the trailing 1-year period	33.68%	17.42%	+16.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.28%	18.84%	+8.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.86%	23.72%	+3.14%

Financials

PSEC vs. ADC - Profitability Comparison

The chart below illustrates the profitability comparison between Prospect Capital Corporation and Agree Realty Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PSEC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Prospect Capital Corporation reported a gross profit of 0.00 and revenue of 133.90M. Therefore, the gross margin over that period was 0.0%.

ADC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Agree Realty Corporation reported a gross profit of 175.78M and revenue of 190.49M. Therefore, the gross margin over that period was 92.3%.

PSEC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Prospect Capital Corporation reported an operating income of 0.00 and revenue of 133.90M, resulting in an operating margin of 0.0%.

ADC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Agree Realty Corporation reported an operating income of 92.43M and revenue of 190.49M, resulting in an operating margin of 48.5%.

PSEC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Prospect Capital Corporation reported a net income of 0.00 and revenue of 133.90M, resulting in a net margin of 0.0%.

ADC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Agree Realty Corporation reported a net income of 54.18M and revenue of 190.49M, resulting in a net margin of 28.4%.