TCPC vs. PFLT
Compare and contrast key facts about BlackRock TCP Capital Corp. (TCPC) and PennantPark Floating Rate Capital Ltd. (PFLT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCPC or PFLT.
Key characteristics
| TCPC | PFLT | |
|---|---|---|
| YTD Return | -18.66% | 3.28% |
| 1Y Return | -20.57% | 19.41% |
| 3Y Return (Ann) | -5.01% | 7.07% |
| 5Y Return (Ann) | 0.97% | 10.86% |
| 10Y Return (Ann) | 3.38% | 8.06% |
| Sharpe Ratio | -0.93 | 1.30 |
| Daily Std Dev | 21.71% | 15.03% |
| Max Drawdown | -69.08% | -69.77% |
| Current Drawdown | -24.52% | -0.90% |
Fundamentals
| TCPC | PFLT | |
|---|---|---|
| Market Cap | $725.81M | $846.54M |
| EPS | -$0.63 | $1.66 |
| PEG Ratio | 0.88 | 0.27 |
| Total Revenue (TTM) | $156.40M | $150.18M |
| Gross Profit (TTM) | $118.03M | $122.79M |
| EBITDA (TTM) | $13.60M | $130.04M |
Correlation
The correlation between TCPC and PFLT is 0.45, 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.
Performance
TCPC vs. PFLT - Performance Comparison
In the year-to-date period, TCPC achieves a -18.66% return, which is significantly lower than PFLT's 3.28% return. Over the past 10 years, TCPC has underperformed PFLT with an annualized return of 3.38%, while PFLT has yielded a comparatively higher 8.06% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
TCPC vs. PFLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock TCP Capital Corp. (TCPC) and PennantPark Floating Rate Capital Ltd. (PFLT). 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. PFLT - Dividend Comparison
TCPC's dividend yield for the trailing twelve months is around 16.04%, more than PFLT's 10.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCPC BlackRock TCP Capital Corp. | 16.04% | 9.37% | 9.58% | 8.60% | 11.74% | 10.25% | 11.04% | 9.42% | 8.52% | 10.34% | 9.18% | 9.12% |
PFLT PennantPark Floating Rate Capital Ltd. | 10.67% | 9.98% | 10.38% | 8.93% | 10.83% | 9.36% | 9.85% | 8.31% | 8.08% | 10.04% | 7.87% | 7.63% |
Drawdowns
TCPC vs. PFLT - Drawdown Comparison
The maximum TCPC drawdown since its inception was -69.08%, roughly equal to the maximum PFLT drawdown of -69.77%. Use the drawdown chart below to compare losses from any high point for TCPC and PFLT. For additional features, visit the drawdowns tool.
Volatility
TCPC vs. PFLT - Volatility Comparison
BlackRock TCP Capital Corp. (TCPC) has a higher volatility of 6.45% compared to PennantPark Floating Rate Capital Ltd. (PFLT) at 2.31%. This indicates that TCPC's price experiences larger fluctuations and is considered to be riskier than PFLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TCPC vs. PFLT - Financials Comparison
This section allows you to compare key financial metrics between BlackRock TCP Capital Corp. and PennantPark Floating Rate Capital Ltd.. 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