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RAND vs. BBDC
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

RAND vs. BBDC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Rand Capital Corporation (RAND) and Barings BDC, Inc. (BBDC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RAND achieves a -6.14% return, which is significantly lower than BBDC's -2.05% return.


RAND

1D
-0.49%
1M
0.00%
6M
-7.33%
YTD
-6.14%
1Y
-34.49%
3Y*
7.07%
5Y*
0.52%
10Y*
3.09%

BBDC

1D
-1.28%
1M
0.83%
6M
-1.95%
YTD
-2.05%
1Y
0.44%
3Y*
14.95%
5Y*
6.53%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

RAND vs. BBDC - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
RAND
Rand Capital Corporation
-6.14%-34.86%91.43%7.45%-17.05%-0.95%69.87%7.20%2.88%
BBDC
Barings BDC, Inc.
-2.05%8.84%23.86%18.53%-18.59%29.31%-3.48%20.40%-9.56%

Correlation

The correlation between RAND and BBDC is 0.02, 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

0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.06

Correlation (All Time)
Calculated using the full available price history since Aug 3, 2018

0.08

Fundamentals

Market Cap

RAND:

$30.14M

BBDC:

$885.82M

EPS

RAND:

-$2.81

BBDC:

$0.66

PB Ratio

RAND:

0.59

BBDC:

0.77

Total Revenue (TTM)

RAND:

-$3.23M

BBDC:

$174.30M

Gross Profit (TTM)

RAND:

-$4.74M

BBDC:

$149.47M

EBITDA (TTM)

RAND:

-$6.47M

BBDC:

$90.27M

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Return for Risk

RAND vs. BBDC — Risk / Return Rank

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

RAND
RAND Risk / Return Rank: 1414
Overall Rank
RAND Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
RAND Sortino Ratio Rank: 1313
Sortino Ratio Rank
RAND Omega Ratio Rank: 1313
Omega Ratio Rank
RAND Calmar Ratio Rank: 1212
Calmar Ratio Rank
RAND Martin Ratio Rank: 1919
Martin Ratio Rank

BBDC
BBDC Risk / Return Rank: 4343
Overall Rank
BBDC Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
BBDC Sortino Ratio Rank: 3939
Sortino Ratio Rank
BBDC Omega Ratio Rank: 3838
Omega Ratio Rank
BBDC Calmar Ratio Rank: 4646
Calmar Ratio Rank
BBDC Martin Ratio Rank: 4646
Martin Ratio Rank
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.

RAND vs. BBDC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Rand Capital Corporation (RAND) and Barings BDC, Inc. (BBDC). 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.


RANDBBDCDifference
Sharpe ratioReturn per unit of total volatility

-0.81

Sortino ratioReturn per unit of downside risk

-1.13

Omega ratioGain probability vs. loss probability

0.87

1.02

-0.15

Calmar ratioReturn relative to maximum drawdown

-0.81

0.04

-0.84

Martin ratioReturn relative to average drawdown

-1.11

0.07

-1.18

RAND vs. BBDC - Sharpe Ratio Comparison

The current RAND Sharpe Ratio is -0.78, which is lower than the BBDC Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of RAND and BBDC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

RAND vs. BBDC - Drawdown Comparison

The maximum RAND drawdown since its inception was -89.66%, which is greater than BBDC's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for RAND and BBDC.


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Drawdown Indicators


RANDBBDCDifference

Max Drawdown

Largest peak-to-trough decline

-89.66%

-48.45%

-41.21%

Max Drawdown (1Y)

Largest decline over 1 year

-42.76%

-12.28%

-30.48%

Max Drawdown (3Y)

Largest decline over 3 years

-60.11%

-24.51%

-35.60%

Max Drawdown (5Y)

Largest decline over 5 years

-60.11%

-27.55%

-32.56%

Max Drawdown (10Y)

Largest decline over 10 years

-60.11%

Current Drawdown

Current decline from peak

-58.71%

-5.64%

-53.07%

Average Drawdown

Average peak-to-trough decline

-67.67%

-7.97%

-59.70%

Ulcer Index

Depth and duration of drawdowns from previous peaks

31.12%

5.90%

+25.22%

Volatility

RAND vs. BBDC - Volatility Comparison

Rand Capital Corporation (RAND) and Barings BDC, Inc. (BBDC) have volatilities of 5.92% and 5.89%, 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


RANDBBDCDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.92%

5.89%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

25.96%

15.39%

+10.57%

Volatility (1Y)

Calculated over the trailing 1-year period

44.28%

19.16%

+25.12%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

41.36%

19.48%

+21.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

46.40%

24.18%

+22.22%

Dividends

RAND vs. BBDC - Dividend Comparison

RAND's dividend yield for the trailing twelve months is around 16.95%, more than BBDC's 12.88% yield.


PositionTTM20252024202320222021202020192018
BBDC
Barings BDC, Inc.
12.88%12.96%10.87%11.89%11.66%7.44%7.07%5.25%21.24%
RAND
Rand Capital Corporation
16.95%15.15%26.13%10.24%6.23%2.59%90.40%0.00%0.00%

Financials

RAND vs. BBDC - Financials Comparison

This section allows you to compare key financial metrics between Rand Capital Corporation and Barings BDC, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.0020.00M40.00M60.00M80.00MJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober2026
1.24M
0
(RAND) Total Revenue
(BBDC) Total Revenue
Values in USD except per share items

Frequently Asked Questions


RAND and BBDC have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

RAND has higher volatility (5.92%) compared to BBDC (5.89%). In terms of maximum drawdown, RAND dropped -89.66% vs BBDC's -48.45%.

BBDC currently has the higher Sharpe Ratio (0.02 vs -0.78), 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.

Portfolio Optimizer

Find the right allocation for RAND and BBDC

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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