TRIN vs. PMT
TRIN (Trinity Capital Inc.) and PMT (PennyMac Mortgage Investment Trust) are both stocks. TRIN operates in Asset Management (Financial Services), while PMT operates in REIT - Mortgage (Real Estate). Over the past 5 years, TRIN returned 20.45%/yr vs -1.52%/yr for PMT. At a 0.30 correlation, their price movements are largely independent.
Performance
TRIN vs. PMT - Performance Comparison
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Returns By Period
In the year-to-date period, TRIN achieves a 30.46% return, which is significantly higher than PMT's -13.53% return.
TRIN
- 1D
- 0.30%
- 1M
- 9.80%
- YTD
- 30.46%
- 6M
- 30.59%
- 1Y
- 48.53%
- 3Y*
- 28.19%
- 5Y*
- 20.45%
- 10Y*
- —
PMT
- 1D
- -3.02%
- 1M
- -0.09%
- YTD
- -13.53%
- 6M
- -16.01%
- 1Y
- -4.04%
- 3Y*
- 5.77%
- 5Y*
- -1.52%
- 10Y*
- 7.17%
TRIN vs. PMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TRIN Trinity Capital Inc. | 30.46% | 16.01% | 14.83% | 53.97% | -26.60% | 36.20% |
PMT PennyMac Mortgage Investment Trust | -13.53% | 13.23% | -5.38% | 36.11% | -18.07% | 8.84% |
Correlation
The correlation between TRIN and PMT is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 29, 2021 | 0.30 |
Fundamentals
TRIN:
$1.41B
PMT:
$865.60M
TRIN:
$2.07
PMT:
$1.52
TRIN:
8.17
PMT:
6.54
TRIN:
4.56
PMT:
0.81
TRIN:
1.21
PMT:
0.46
TRIN:
$276.05M
PMT:
$1.06B
TRIN:
$219.75M
PMT:
$946.50M
TRIN:
$195.35M
PMT:
$966.77M
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Return for Risk
TRIN vs. PMT — Risk / Return Rank
TRIN
PMT
TRIN vs. PMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Trinity Capital Inc. (TRIN) and PennyMac Mortgage Investment Trust (PMT). 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.
| TRIN | PMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.46 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.00 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | -0.16 | +3.41 |
| Martin ratioReturn relative to average drawdown | 8.19 | -0.38 | +8.57 |
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Drawdowns
TRIN vs. PMT - Drawdown Comparison
The maximum TRIN drawdown since its inception was -43.12%, smaller than the maximum PMT drawdown of -75.90%. Use the drawdown chart below to compare losses from any high point for TRIN and PMT.
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Drawdown Indicators
| TRIN | PMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.12% | -75.90% | +32.78% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -26.14% | +11.15% |
Max Drawdown (3Y)Largest decline over 3 years | -15.58% | -26.14% | +10.56% |
Max Drawdown (5Y)Largest decline over 5 years | -43.12% | -39.81% | -3.31% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.90% | — |
Current DrawdownCurrent decline from peak | -0.12% | -21.42% | +21.30% |
Average DrawdownAverage peak-to-trough decline | -8.87% | -11.59% | +2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.95% | 10.64% | -4.69% |
Volatility
TRIN vs. PMT - Volatility Comparison
The current volatility for Trinity Capital Inc. (TRIN) is 8.16%, while PennyMac Mortgage Investment Trust (PMT) has a volatility of 10.02%. This indicates that TRIN experiences smaller price fluctuations and is considered to be less risky than PMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRIN | PMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.16% | 10.02% | -1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 16.50% | 23.26% | -6.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.12% | 27.60% | -6.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.76% | 29.76% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.03% | 45.27% | -18.24% |
Dividends
TRIN vs. PMT - Dividend Comparison
TRIN's dividend yield for the trailing twelve months is around 20.94%, less than PMT's 21.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMT PennyMac Mortgage Investment Trust | 21.44% | 12.75% | 12.71% | 10.70% | 14.61% | 10.85% | 8.64% | 8.43% | 10.10% | 11.70% | 11.48% | 14.15% |
TRIN Trinity Capital Inc. | 20.94% | 13.92% | 14.10% | 14.04% | 21.32% | 7.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TRIN vs. PMT - Financials Comparison
This section allows you to compare key financial metrics between Trinity Capital Inc. and PennyMac Mortgage Investment Trust. 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
Frequently Asked Questions
TRIN and PMT have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMT has higher volatility (10.02%) compared to TRIN (8.16%). In terms of maximum drawdown, TRIN dropped -43.12% vs PMT's -75.90%.
TRIN currently has the higher Sharpe Ratio (2.31 vs -0.15), 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.
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