PSEC vs. SLQD
Compare and contrast key facts about Prospect Capital Corporation (PSEC) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD).
SLQD is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid Investment Grade 0-5 Index. It was launched on Oct 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSEC or SLQD.
Correlation
The correlation between PSEC and SLQD is 0.06, 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
PSEC vs. SLQD - Performance Comparison
Key characteristics
PSEC:
-0.25
SLQD:
3.16
PSEC:
-0.16
SLQD:
5.06
PSEC:
0.97
SLQD:
1.67
PSEC:
-0.19
SLQD:
7.00
PSEC:
-0.64
SLQD:
18.68
PSEC:
10.19%
SLQD:
0.31%
PSEC:
25.56%
SLQD:
1.81%
PSEC:
-61.51%
SLQD:
-12.69%
PSEC:
-29.24%
SLQD:
-0.02%
Returns By Period
In the year-to-date period, PSEC achieves a 4.32% return, which is significantly higher than SLQD's 0.71% return. Over the past 10 years, PSEC has outperformed SLQD with an annualized return of 4.91%, while SLQD has yielded a comparatively lower 2.27% annualized return.
PSEC
4.32%
3.84%
-4.48%
-13.13%
3.83%
4.91%
SLQD
0.71%
0.55%
1.86%
5.73%
2.04%
2.27%
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Risk-Adjusted Performance
PSEC vs. SLQD — Risk-Adjusted Performance Rank
PSEC
SLQD
PSEC vs. SLQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Prospect Capital Corporation (PSEC) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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
PSEC vs. SLQD - Dividend Comparison
PSEC's dividend yield for the trailing twelve months is around 15.17%, more than SLQD's 3.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSEC Prospect Capital Corporation | 15.17% | 16.01% | 12.02% | 10.30% | 9.27% | 13.31% | 11.18% | 11.41% | 13.41% | 11.93% | 14.67% | 16.04% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 3.75% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.56% | 1.98% | 1.81% | 1.43% | 1.24% |
Drawdowns
PSEC vs. SLQD - Drawdown Comparison
The maximum PSEC drawdown since its inception was -61.51%, which is greater than SLQD's maximum drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for PSEC and SLQD. For additional features, visit the drawdowns tool.
Volatility
PSEC vs. SLQD - Volatility Comparison
Prospect Capital Corporation (PSEC) has a higher volatility of 4.97% compared to iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) at 0.44%. This indicates that PSEC's price experiences larger fluctuations and is considered to be riskier than SLQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.