TCPC vs. BBDC
Compare and contrast key facts about BlackRock TCP Capital Corp. (TCPC) and Barings BDC, Inc. (BBDC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCPC or BBDC.
Performance
TCPC vs. BBDC - Performance Comparison
Returns By Period
In the year-to-date period, TCPC achieves a -14.06% return, which is significantly lower than BBDC's 25.50% return. Over the past 10 years, TCPC has outperformed BBDC with an annualized return of 3.70%, while BBDC has yielded a comparatively lower 2.41% annualized return.
TCPC
-14.06%
7.43%
-10.90%
-11.17%
1.49%
3.70%
BBDC
25.50%
2.16%
6.53%
24.02%
8.99%
2.41%
Fundamentals
| TCPC | BBDC | |
|---|---|---|
| Market Cap | $735.23M | $1.03B |
| EPS | -$0.55 | $1.09 |
| Total Revenue (TTM) | $212.86M | $163.12M |
| Gross Profit (TTM) | $173.34M | $121.28M |
| EBITDA (TTM) | $19.14M | $114.55M |
Key characteristics
| TCPC | BBDC | |
|---|---|---|
| Sharpe Ratio | -0.47 | 1.39 |
| Sortino Ratio | -0.54 | 2.05 |
| Omega Ratio | 0.93 | 1.26 |
| Calmar Ratio | -0.36 | 1.27 |
| Martin Ratio | -0.79 | 9.04 |
| Ulcer Index | 13.86% | 2.69% |
| Daily Std Dev | 23.08% | 17.44% |
| Max Drawdown | -69.08% | -64.64% |
| Current Drawdown | -20.25% | -0.10% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between TCPC and BBDC is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
TCPC vs. BBDC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock TCP Capital Corp. (TCPC) 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.
Dividends
TCPC vs. BBDC - Dividend Comparison
TCPC's dividend yield for the trailing twelve months is around 15.18%, more than BBDC's 10.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCPC BlackRock TCP Capital Corp. | 15.18% | 9.53% | 9.81% | 8.88% | 11.74% | 10.25% | 11.04% | 9.42% | 8.52% | 10.34% | 9.18% | 9.12% |
BBDC Barings BDC, Inc. | 10.45% | 11.89% | 11.66% | 7.44% | 7.07% | 5.25% | 24.57% | 17.39% | 10.31% | 12.35% | 12.62% | 7.81% |
Drawdowns
TCPC vs. BBDC - Drawdown Comparison
The maximum TCPC drawdown since its inception was -69.08%, which is greater than BBDC's maximum drawdown of -64.64%. Use the drawdown chart below to compare losses from any high point for TCPC and BBDC. For additional features, visit the drawdowns tool.
Volatility
TCPC vs. BBDC - Volatility Comparison
BlackRock TCP Capital Corp. (TCPC) has a higher volatility of 11.35% compared to Barings BDC, Inc. (BBDC) at 5.52%. This indicates that TCPC's price experiences larger fluctuations and is considered to be riskier than BBDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TCPC vs. BBDC - Financials Comparison
This section allows you to compare key financial metrics between BlackRock TCP Capital Corp. 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.
Total Revenue: Total amount of money received from sales and other business activities