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

Correlation

The correlation between TSLX and HTGC is 0.42, 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.


-0.50.00.51.0
Correlation: 0.4

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.

250.00%300.00%350.00%NovemberDecember2025FebruaryMarchApril
331.39%
259.57%
TSLX
HTGC

Key characteristics

Sharpe Ratio

TSLX:

0.50

HTGC:

0.12

Sortino Ratio

TSLX:

0.78

HTGC:

0.32

Omega Ratio

TSLX:

1.11

HTGC:

1.05

Calmar Ratio

TSLX:

0.53

HTGC:

0.12

Martin Ratio

TSLX:

2.09

HTGC:

0.35

Ulcer Index

TSLX:

4.25%

HTGC:

8.68%

Daily Std Dev

TSLX:

17.84%

HTGC:

26.02%

Max Drawdown

TSLX:

-50.27%

HTGC:

-68.50%

Current Drawdown

TSLX:

-9.11%

HTGC:

-17.03%

Fundamentals

Market Cap

TSLX:

$1.97B

HTGC:

$3.10B

EPS

TSLX:

$2.03

HTGC:

$1.61

PE Ratio

TSLX:

10.31

HTGC:

11.12

PEG Ratio

TSLX:

1.27

HTGC:

0.52

PS Ratio

TSLX:

4.07

HTGC:

6.29

PB Ratio

TSLX:

1.22

HTGC:

1.56

Total Revenue (TTM)

TSLX:

$287.39M

HTGC:

$286.20M

Gross Profit (TTM)

TSLX:

$242.79M

HTGC:

$234.55M

EBITDA (TTM)

TSLX:

$160.44M

HTGC:

$192.67M

Returns By Period

In the year-to-date period, TSLX achieves a 0.62% return, which is significantly higher than HTGC's -9.14% return. Both investments have delivered pretty close results over the past 10 years, with TSLX having a 13.00% annualized return and HTGC not far ahead at 13.50%.


TSLX

YTD

0.62%

1M

-7.23%

6M

6.22%

1Y

6.36%

5Y*

18.16%

10Y*

13.00%

HTGC

YTD

-9.14%

1M

-8.58%

6M

-6.38%

1Y

1.89%

5Y*

25.37%

10Y*

13.50%

*Annualized

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

TSLX vs. HTGC — Risk-Adjusted Performance Rank

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

TSLX
The Risk-Adjusted Performance Rank of TSLX is 6969
Overall Rank
The Sharpe Ratio Rank of TSLX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of TSLX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of TSLX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of TSLX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of TSLX is 7474
Martin Ratio Rank

HTGC
The Risk-Adjusted Performance Rank of HTGC is 5353
Overall Rank
The Sharpe Ratio Rank of HTGC is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of HTGC is 4747
Sortino Ratio Rank
The Omega Ratio Rank of HTGC is 4848
Omega Ratio Rank
The Calmar Ratio Rank of HTGC is 5959
Calmar Ratio Rank
The Martin Ratio Rank of HTGC is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for TSLX, currently valued at 0.50, compared to the broader market-2.00-1.000.001.002.003.00
TSLX: 0.50
HTGC: 0.12
The chart of Sortino ratio for TSLX, currently valued at 0.78, compared to the broader market-6.00-4.00-2.000.002.004.00
TSLX: 0.78
HTGC: 0.32
The chart of Omega ratio for TSLX, currently valued at 1.11, compared to the broader market0.501.001.502.00
TSLX: 1.11
HTGC: 1.05
The chart of Calmar ratio for TSLX, currently valued at 0.53, compared to the broader market0.001.002.003.004.005.00
TSLX: 0.53
HTGC: 0.12
The chart of Martin ratio for TSLX, currently valued at 2.09, compared to the broader market-5.000.005.0010.0015.0020.00
TSLX: 2.09
HTGC: 0.35

The current TSLX Sharpe Ratio is 0.50, which is higher than the HTGC Sharpe Ratio of 0.12. 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 Ratio0.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
0.50
0.12
TSLX
HTGC

Dividends

TSLX vs. HTGC - Dividend Comparison

TSLX's dividend yield for the trailing twelve months is around 9.94%, more than HTGC's 8.93% yield.


TTM20242023202220212020201920182017201620152014
TSLX
Sixth Street Specialty Lending, Inc.
9.94%11.97%9.72%10.34%15.35%11.08%8.43%9.84%10.81%8.35%9.62%9.10%
HTGC
Hercules Capital, Inc.
8.93%7.96%11.40%14.90%9.34%9.57%9.49%11.40%9.45%8.79%10.17%8.33%

Drawdowns

TSLX vs. HTGC - Drawdown Comparison

The maximum TSLX drawdown since its inception was -50.27%, smaller than the maximum HTGC drawdown of -68.50%. Use the drawdown chart below to compare losses from any high point for TSLX and HTGC. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-9.11%
-17.03%
TSLX
HTGC

Volatility

TSLX vs. HTGC - Volatility Comparison

The current volatility for Sixth Street Specialty Lending, Inc. (TSLX) is 11.94%, while Hercules Capital, Inc. (HTGC) has a volatility of 13.55%. 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%NovemberDecember2025FebruaryMarchApril
11.94%
13.55%
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