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TSLX vs. HTGC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TSLX and HTGC is 0.48, 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.


-0.50.00.51.00.5

Performance

TSLX vs. HTGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sixth Street Specialty Lending, Inc. (TSLX) and Hercules Capital, Inc. (HTGC). The values are adjusted to include any dividend payments, if applicable.

240.00%260.00%280.00%300.00%320.00%JulyAugustSeptemberOctoberNovemberDecember
322.69%
281.20%
TSLX
HTGC

Key characteristics

Sharpe Ratio

TSLX:

0.89

HTGC:

1.32

Sortino Ratio

TSLX:

1.29

HTGC:

1.65

Omega Ratio

TSLX:

1.16

HTGC:

1.28

Calmar Ratio

TSLX:

1.43

HTGC:

1.59

Martin Ratio

TSLX:

4.11

HTGC:

4.80

Ulcer Index

TSLX:

3.00%

HTGC:

6.04%

Daily Std Dev

TSLX:

13.89%

HTGC:

21.99%

Max Drawdown

TSLX:

-50.27%

HTGC:

-68.29%

Current Drawdown

TSLX:

-0.64%

HTGC:

-7.53%

Fundamentals

Market Cap

TSLX:

$1.93B

HTGC:

$3.21B

EPS

TSLX:

$2.06

HTGC:

$2.04

PE Ratio

TSLX:

10.04

HTGC:

9.40

PEG Ratio

TSLX:

1.27

HTGC:

0.52

Total Revenue (TTM)

TSLX:

$396.71M

HTGC:

$507.35M

Gross Profit (TTM)

TSLX:

$115.82B

HTGC:

$452.75M

EBITDA (TTM)

TSLX:

$115.63B

HTGC:

$8.23M

Returns By Period

In the year-to-date period, TSLX achieves a 9.65% return, which is significantly lower than HTGC's 25.34% return. Both investments have delivered pretty close results over the past 10 years, with TSLX having a 14.18% annualized return and HTGC not far behind at 13.83%.


TSLX

YTD

9.65%

1M

4.63%

6M

4.05%

1Y

11.14%

5Y*

12.50%

10Y*

14.18%

HTGC

YTD

25.34%

1M

2.07%

6M

1.10%

1Y

28.58%

5Y*

18.38%

10Y*

13.83%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

TSLX vs. HTGC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Sixth Street Specialty Lending, Inc. (TSLX) and Hercules Capital, Inc. (HTGC). 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.


Sharpe ratio
The chart of Sharpe ratio for TSLX, currently valued at 0.89, compared to the broader market-4.00-2.000.002.000.891.32
The chart of Sortino ratio for TSLX, currently valued at 1.29, compared to the broader market-4.00-2.000.002.004.001.291.65
The chart of Omega ratio for TSLX, currently valued at 1.16, compared to the broader market0.501.001.502.001.161.28
The chart of Calmar ratio for TSLX, currently valued at 1.43, compared to the broader market0.002.004.006.001.431.59
The chart of Martin ratio for TSLX, currently valued at 4.11, compared to the broader market-5.000.005.0010.0015.0020.0025.004.114.80
TSLX
HTGC

The current TSLX Sharpe Ratio is 0.89, which is lower than the HTGC Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of TSLX and HTGC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.89
1.32
TSLX
HTGC

Dividends

TSLX vs. HTGC - Dividend Comparison

TSLX's dividend yield for the trailing twelve months is around 12.14%, more than HTGC's 8.33% yield.


TTM20232022202120202019201820172016201520142013
TSLX
Sixth Street Specialty Lending, Inc.
12.14%9.72%10.34%15.35%11.08%8.43%9.84%10.81%8.35%9.62%9.10%0.00%
HTGC
Hercules Capital, Inc.
8.33%11.40%14.90%9.34%9.57%9.49%11.40%9.45%8.79%10.17%8.33%6.77%

Drawdowns

TSLX vs. HTGC - Drawdown Comparison

The maximum TSLX drawdown since its inception was -50.27%, smaller than the maximum HTGC drawdown of -68.29%. Use the drawdown chart below to compare losses from any high point for TSLX and HTGC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.64%
-7.53%
TSLX
HTGC

Volatility

TSLX vs. HTGC - Volatility Comparison

The current volatility for Sixth Street Specialty Lending, Inc. (TSLX) is 3.79%, while Hercules Capital, Inc. (HTGC) has a volatility of 5.26%. This indicates that TSLX experiences smaller price fluctuations and is considered to be less risky than HTGC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
3.79%
5.26%
TSLX
HTGC

Financials

TSLX vs. HTGC - Financials Comparison

This section allows you to compare key financial metrics between Sixth Street Specialty Lending, Inc. and Hercules Capital, 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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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