TCPC vs. MRCC
Compare and contrast key facts about BlackRock TCP Capital Corp. (TCPC) and Monroe Capital Corporation (MRCC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCPC or MRCC.
Key characteristics
| TCPC | MRCC | |
|---|---|---|
| YTD Return | -18.47% | 25.40% |
| 1Y Return | -20.05% | 23.75% |
| 3Y Return (Ann) | -4.95% | 2.97% |
| 5Y Return (Ann) | 1.20% | 6.94% |
| 10Y Return (Ann) | 3.41% | 5.93% |
| Sharpe Ratio | -0.94 | 1.06 |
| Daily Std Dev | 21.71% | 20.94% |
| Max Drawdown | -69.08% | -57.63% |
| Current Drawdown | -24.35% | -3.26% |
Fundamentals
| TCPC | MRCC | |
|---|---|---|
| Market Cap | $742.08M | $173.98M |
| EPS | -$0.63 | $0.37 |
| PEG Ratio | 0.88 | 2.05 |
| Total Revenue (TTM) | $156.40M | $48.06M |
| Gross Profit (TTM) | $118.03M | $28.01M |
| EBITDA (TTM) | $13.60M | $16.94M |
Correlation
The correlation between TCPC and MRCC is 0.35, 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
TCPC vs. MRCC - Performance Comparison
In the year-to-date period, TCPC achieves a -18.47% return, which is significantly lower than MRCC's 25.40% return. Over the past 10 years, TCPC has underperformed MRCC with an annualized return of 3.41%, while MRCC has yielded a comparatively higher 5.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TCPC vs. MRCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock TCP Capital Corp. (TCPC) and Monroe Capital Corporation (MRCC). 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. MRCC - Dividend Comparison
TCPC's dividend yield for the trailing twelve months is around 16.00%, more than MRCC's 12.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCPC BlackRock TCP Capital Corp. | 16.00% | 9.37% | 9.58% | 8.60% | 11.74% | 10.25% | 11.04% | 9.42% | 8.52% | 10.34% | 9.18% | 9.12% |
MRCC Monroe Capital Corporation | 12.45% | 14.15% | 11.71% | 8.91% | 13.70% | 12.89% | 14.58% | 10.18% | 9.10% | 10.70% | 9.41% | 11.15% |
Drawdowns
TCPC vs. MRCC - Drawdown Comparison
The maximum TCPC drawdown since its inception was -69.08%, which is greater than MRCC's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for TCPC and MRCC. For additional features, visit the drawdowns tool.
Volatility
TCPC vs. MRCC - Volatility Comparison
BlackRock TCP Capital Corp. (TCPC) has a higher volatility of 6.68% compared to Monroe Capital Corporation (MRCC) at 5.25%. This indicates that TCPC's price experiences larger fluctuations and is considered to be riskier than MRCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TCPC vs. MRCC - Financials Comparison
This section allows you to compare key financial metrics between BlackRock TCP Capital Corp. and Monroe Capital Corporation. 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