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

Performance

TSLX vs. NLY - Performance Comparison

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

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TSLX vs. NLY - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TSLX
Sixth Street Specialty Lending, Inc.
-14.36%11.52%8.83%35.29%-16.37%32.33%9.77%29.62%0.36%15.47%
NLY
Annaly Capital Management, Inc.
-2.28%40.00%8.07%4.94%-21.41%2.48%2.38%7.22%-7.22%31.92%

Fundamentals

Market Cap

TSLX:

$1.70B

NLY:

$14.69B

EPS

TSLX:

-$0.00

NLY:

$3.14

PS Ratio

TSLX:

0.00

NLY:

3.26

PB Ratio

TSLX:

0.00

NLY:

1.03

Total Revenue (TTM)

TSLX:

$438.70B

NLY:

$4.19B

Gross Profit (TTM)

TSLX:

$0.00

NLY:

$4.15B

EBITDA (TTM)

TSLX:

$37.52M

NLY:

$3.29B

Returns By Period

In the year-to-date period, TSLX achieves a -14.36% return, which is significantly lower than NLY's -2.28% return. Over the past 10 years, TSLX has outperformed NLY with an annualized return of 12.16%, while NLY has yielded a comparatively lower 5.83% annualized return.


TSLX

1D
-1.47%
1M
5.39%
YTD
-14.36%
6M
-14.16%
1Y
-11.47%
3Y*
9.84%
5Y*
6.95%
10Y*
12.16%

NLY

1D
-0.09%
1M
-5.86%
YTD
-2.28%
6M
9.23%
1Y
20.39%
3Y*
18.25%
5Y*
3.38%
10Y*
5.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

TSLX vs. NLY — Risk / Return Rank

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

TSLX
TSLX Risk / Return Rank: 2222
Overall Rank
TSLX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
TSLX Sortino Ratio Rank: 1818
Sortino Ratio Rank
TSLX Omega Ratio Rank: 1919
Omega Ratio Rank
TSLX Calmar Ratio Rank: 2828
Calmar Ratio Rank
TSLX Martin Ratio Rank: 2323
Martin Ratio Rank

NLY
NLY Risk / Return Rank: 6767
Overall Rank
NLY Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
NLY Sortino Ratio Rank: 6262
Sortino Ratio Rank
NLY Omega Ratio Rank: 6363
Omega Ratio Rank
NLY Calmar Ratio Rank: 6767
Calmar Ratio Rank
NLY Martin Ratio Rank: 7171
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.

TSLX vs. NLY - Risk-Adjusted Trends Comparison

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


TSLXNLYDifference

Sharpe ratio

Return per unit of total volatility

-0.48

0.92

-1.39

Sortino ratio

Return per unit of downside risk

-0.52

1.28

-1.80

Omega ratio

Gain probability vs. loss probability

0.94

1.18

-0.25

Calmar ratio

Return relative to maximum drawdown

-0.40

1.28

-1.69

Martin ratio

Return relative to average drawdown

-0.98

3.79

-4.78

TSLX vs. NLY - Sharpe Ratio Comparison

The current TSLX Sharpe Ratio is -0.48, which is lower than the NLY Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of TSLX and NLY, 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


TSLXNLYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.48

0.92

-1.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

0.13

+0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.21

+0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.31

+0.24

Correlation

The correlation between TSLX and NLY is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

TSLX vs. NLY - Dividend Comparison

TSLX's dividend yield for the trailing twelve months is around 10.99%, less than NLY's 13.25% yield.


TTM20252024202320222021202020192018201720162015
TSLX
Sixth Street Specialty Lending, Inc.
10.99%9.44%9.81%9.72%10.34%15.35%11.08%8.43%9.84%8.84%8.35%9.62%
NLY
Annaly Capital Management, Inc.
13.25%12.52%14.21%13.42%16.70%11.25%10.77%11.15%12.22%10.09%12.04%12.79%

Drawdowns

TSLX vs. NLY - Drawdown Comparison

The maximum TSLX drawdown since its inception was -50.27%, smaller than the maximum NLY drawdown of -60.09%. Use the drawdown chart below to compare losses from any high point for TSLX and NLY.


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Drawdown Indicators


TSLXNLYDifference

Max Drawdown

Largest peak-to-trough decline

-50.27%

-60.09%

+9.82%

Max Drawdown (1Y)

Largest decline over 1 year

-27.94%

-14.88%

-13.06%

Max Drawdown (5Y)

Largest decline over 5 years

-28.77%

-52.12%

+23.35%

Max Drawdown (10Y)

Largest decline over 10 years

-50.27%

-60.09%

+9.82%

Current Drawdown

Current decline from peak

-22.65%

-10.45%

-12.20%

Average Drawdown

Average peak-to-trough decline

-8.88%

-13.79%

+4.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

11.46%

5.03%

+6.43%

Volatility

TSLX vs. NLY - Volatility Comparison

Sixth Street Specialty Lending, Inc. (TSLX) and Annaly Capital Management, Inc. (NLY) have volatilities of 8.40% and 8.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TSLXNLYDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.40%

8.54%

-0.14%

Volatility (6M)

Calculated over the trailing 6-month period

18.10%

14.56%

+3.54%

Volatility (1Y)

Calculated over the trailing 1-year period

24.09%

22.40%

+1.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.58%

25.46%

-6.88%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.07%

28.06%

-6.99%

Financials

TSLX vs. NLY - Financials Comparison

This section allows you to compare key financial metrics between Sixth Street Specialty Lending, Inc. and Annaly Capital Management, 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
438.43B
0
(TSLX) Total Revenue
(NLY) Total Revenue
Values in USD except per share items