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TPVG vs. TSLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

TPVG vs. TSLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TriplePoint Venture Growth BDC Corp. (TPVG) and Sixth Street Specialty Lending, Inc. (TSLX). The values are adjusted to include any dividend payments, if applicable.

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TPVG vs. TSLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TPVG
TriplePoint Venture Growth BDC Corp.
-20.21%3.93%-20.01%20.29%-34.65%50.54%5.70%44.22%-2.83%19.62%
TSLX
Sixth Street Specialty Lending, Inc.
-13.09%11.52%8.83%35.29%-16.37%32.33%9.77%29.62%0.36%15.47%

Fundamentals

Market Cap

TPVG:

$201.61M

TSLX:

$1.73B

EPS

TPVG:

$1.02

TSLX:

-$0.00

PS Ratio

TPVG:

2.33

TSLX:

0.00

PB Ratio

TPVG:

0.57

TSLX:

0.00

Total Revenue (TTM)

TPVG:

$86.43M

TSLX:

$438.70B

Gross Profit (TTM)

TPVG:

$47.67M

TSLX:

$0.00

EBITDA (TTM)

TPVG:

$41.10M

TSLX:

$37.52M

Returns By Period

In the year-to-date period, TPVG achieves a -20.21% return, which is significantly lower than TSLX's -13.09% return. Over the past 10 years, TPVG has underperformed TSLX with an annualized return of 5.43%, while TSLX has yielded a comparatively higher 12.33% annualized return.


TPVG

1D
5.72%
1M
0.54%
YTD
-20.21%
6M
-5.98%
1Y
-15.89%
3Y*
-12.75%
5Y*
-7.48%
10Y*
5.43%

TSLX

1D
2.62%
1M
8.93%
YTD
-13.09%
6M
-15.59%
1Y
-9.95%
3Y*
10.38%
5Y*
7.27%
10Y*
12.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

TPVG vs. TSLX — Risk / Return Rank

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

TPVG
TPVG Risk / Return Rank: 2121
Overall Rank
TPVG Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
TPVG Sortino Ratio Rank: 2020
Sortino Ratio Rank
TPVG Omega Ratio Rank: 2121
Omega Ratio Rank
TPVG Calmar Ratio Rank: 2424
Calmar Ratio Rank
TPVG Martin Ratio Rank: 1919
Martin Ratio Rank

TSLX
TSLX Risk / Return Rank: 2525
Overall Rank
TSLX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
TSLX Sortino Ratio Rank: 2121
Sortino Ratio Rank
TSLX Omega Ratio Rank: 2222
Omega Ratio Rank
TSLX Calmar Ratio Rank: 3131
Calmar Ratio Rank
TSLX Martin Ratio Rank: 2828
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.

TPVG vs. TSLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TriplePoint Venture Growth BDC Corp. (TPVG) and Sixth Street Specialty Lending, Inc. (TSLX). 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.


TPVGTSLXDifference

Sharpe ratio

Return per unit of total volatility

-0.47

-0.42

-0.05

Sortino ratio

Return per unit of downside risk

-0.46

-0.42

-0.04

Omega ratio

Gain probability vs. loss probability

0.94

0.95

0.00

Calmar ratio

Return relative to maximum drawdown

-0.54

-0.35

-0.19

Martin ratio

Return relative to average drawdown

-1.19

-0.86

-0.33

TPVG vs. TSLX - Sharpe Ratio Comparison

The current TPVG Sharpe Ratio is -0.47, which is comparable to the TSLX Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of TPVG and TSLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TPVGTSLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.47

-0.42

-0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.24

0.39

-0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.08

0.59

-0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.05

0.55

-0.50

Correlation

The correlation between TPVG and TSLX is 0.47, 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.


Dividends

TPVG vs. TSLX - Dividend Comparison

TPVG's dividend yield for the trailing twelve months is around 20.24%, more than TSLX's 10.83% yield.


TTM20252024202320222021202020192018201720162015
TPVG
TriplePoint Venture Growth BDC Corp.
20.24%16.51%18.97%14.73%14.86%8.02%11.81%10.13%14.14%11.35%12.22%12.04%
TSLX
Sixth Street Specialty Lending, Inc.
10.83%9.44%9.81%9.72%10.34%15.35%11.08%8.43%9.84%8.84%8.35%9.62%

Drawdowns

TPVG vs. TSLX - Drawdown Comparison

The maximum TPVG drawdown since its inception was -81.78%, which is greater than TSLX's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for TPVG and TSLX.


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Drawdown Indicators


TPVGTSLXDifference

Max Drawdown

Largest peak-to-trough decline

-81.78%

-50.27%

-31.51%

Max Drawdown (1Y)

Largest decline over 1 year

-31.61%

-27.94%

-3.67%

Max Drawdown (5Y)

Largest decline over 5 years

-54.79%

-28.77%

-26.02%

Max Drawdown (10Y)

Largest decline over 10 years

-81.78%

-50.27%

-31.51%

Current Drawdown

Current decline from peak

-49.87%

-21.50%

-28.37%

Average Drawdown

Average peak-to-trough decline

-17.98%

-8.88%

-9.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

14.43%

11.37%

+3.06%

Volatility

TPVG vs. TSLX - Volatility Comparison

TriplePoint Venture Growth BDC Corp. (TPVG) has a higher volatility of 13.29% compared to Sixth Street Specialty Lending, Inc. (TSLX) at 8.23%. This indicates that TPVG's price experiences larger fluctuations and is considered to be riskier than TSLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TPVGTSLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

13.29%

8.23%

+5.06%

Volatility (6M)

Calculated over the trailing 6-month period

22.64%

18.05%

+4.59%

Volatility (1Y)

Calculated over the trailing 1-year period

34.20%

24.04%

+10.16%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

31.01%

18.58%

+12.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.60%

21.06%

+46.54%

Financials

TPVG vs. TSLX - Financials Comparison

This section allows you to compare key financial metrics between TriplePoint Venture Growth BDC Corp. and Sixth Street Specialty Lending, 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


0.00100.00B200.00B300.00B400.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
22.54M
438.43B
(TPVG) Total Revenue
(TSLX) Total Revenue
Values in USD except per share items

TPVG vs. TSLX - Profitability Comparison

The chart below illustrates the profitability comparison between TriplePoint Venture Growth BDC Corp. and Sixth Street Specialty Lending, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober0
-0.0%
Portfolio components
TPVG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TriplePoint Venture Growth BDC Corp. reported a gross profit of 0.00 and revenue of 22.54M. Therefore, the gross margin over that period was 0.0%.

TSLX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Sixth Street Specialty Lending, Inc. reported a gross profit of -191.56M and revenue of 438.43B. Therefore, the gross margin over that period was -0.0%.

TPVG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TriplePoint Venture Growth BDC Corp. reported an operating income of 0.00 and revenue of 22.54M, resulting in an operating margin of 0.0%.

TSLX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Sixth Street Specialty Lending, Inc. reported an operating income of -133.89M and revenue of 438.43B, resulting in an operating margin of -0.0%.

TPVG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TriplePoint Venture Growth BDC Corp. reported a net income of 0.00 and revenue of 22.54M, resulting in a net margin of 0.0%.

TSLX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Sixth Street Specialty Lending, Inc. reported a net income of -140.98M and revenue of 438.43B, resulting in a net margin of -0.0%.