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USD=X vs. PFLT
Performance
Return for Risk
Drawdowns
Volatility

Performance

USD=X vs. PFLT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USD Cash (USD=X) and PennantPark Floating Rate Capital Ltd. (PFLT). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%

PFLT

1D
-1.32%
1M
-8.82%
YTD
-13.49%
6M
-11.20%
1Y
-17.85%
3Y*
0.05%
5Y*
0.63%
10Y*
5.33%
*Multi-year figures are annualized to reflect compound growth (CAGR)

USD=X vs. PFLT - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PFLT
PennantPark Floating Rate Capital Ltd.
-13.49%-4.17%0.62%23.05%-5.53%32.64%-1.41%15.52%-8.29%5.49%

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Return for Risk

USD=X vs. PFLT — Risk / Return Rank

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

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.


PFLT
PFLT Risk / Return Rank: 99
Overall Rank
PFLT Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PFLT Sortino Ratio Rank: 1010
Sortino Ratio Rank
PFLT Omega Ratio Rank: 1212
Omega Ratio Rank
PFLT Calmar Ratio Rank: 1010
Calmar Ratio Rank
PFLT Martin Ratio Rank: 66
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.

USD=X vs. PFLT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and PennantPark Floating Rate Capital Ltd. (PFLT). 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.


USD=XPFLTDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.87

Calmar ratioReturn relative to maximum drawdown

-0.82

Martin ratioReturn relative to average drawdown

-1.50

USD=X vs. PFLT - Sharpe Ratio Comparison


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Drawdowns

USD=X vs. PFLT - Drawdown Comparison

The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum PFLT drawdown of -69.77%. Use the drawdown chart below to compare losses from any high point for USD=X and PFLT.


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Drawdown Indicators


USD=XPFLTDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-69.77%

+69.77%

Max Drawdown (1Y)

Largest decline over 1 year

0.00%

-21.90%

+21.90%

Max Drawdown (3Y)

Largest decline over 3 years

0.00%

-22.96%

+22.96%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

-29.64%

+29.64%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

-69.77%

+69.77%

Current Drawdown

Current decline from peak

0.00%

-22.85%

+22.85%

Average Drawdown

Average peak-to-trough decline

0.00%

-8.33%

+8.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.00%

11.93%

-11.93%

Volatility

USD=X vs. PFLT - Volatility Comparison

The current volatility for USD Cash (USD=X) is 0.00%, while PennantPark Floating Rate Capital Ltd. (PFLT) has a volatility of 8.03%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than PFLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


USD=XPFLTDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

8.03%

-8.03%

Volatility (6M)

Calculated over the trailing 6-month period

0.00%

17.12%

-17.12%

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

20.81%

-20.81%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

21.28%

-21.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

28.98%

-28.98%

Frequently Asked Questions


PFLT has higher volatility (8.03%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs PFLT's -69.77%.

Portfolio Optimizer

Find the right allocation for USD=X and PFLT

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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