ARX vs HTGC

Comparison between Accelerant Holdings - Class A (ARX, Company) and Hercules Capital Inc (HTGC, Company).

Both ARX and HTGC are from the Financial Services sector.

ARX vs HTGC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARX(COMPANY)	HTGC(COMPANY)
Market Cap	$2.99B	$2.98B
Max Drawdown	68.85%	75.85%
Sharpe Ratio	-0.71	-0.37
5Y Beta	-0.06	0.77
Industry	Insurance Brokers	Asset Management
P/E Ratio	-2.05	8.77
Forward P/E	19.30	8.40
PEG Ratio	N/A	0.24
Dividend Yield	N/A	9.92%
5Y Dividends CAGR	N/A	9.16%
Debt to Equity	17.43%	114.01%
Free Cash Flow Yield	11.12%	-14.57%
P/S Ratio	3.08	5.38
P/B Ratio	4.26	1.35

Market Cap

Winner

ARX

$2.99B

HTGC

$2.98B

Max Drawdown

Winner

ARX

68.85%

HTGC

75.85%

Sharpe Ratio

ARX

-0.71

Winner

HTGC

-0.37

5Y Beta

Winner

ARX

-0.06

HTGC

0.77

Industry

ARX

Insurance Brokers

HTGC

Asset Management

P/E Ratio

Winner

ARX

-2.05

HTGC

8.77

Forward P/E

ARX

19.30

Winner

HTGC

8.40

PEG Ratio

ARX

N/A

HTGC

0.24

Dividend Yield

ARX

N/A

HTGC

9.92%

5Y Dividends CAGR

ARX

N/A

HTGC

9.16%

Debt to Equity

Winner

ARX

17.43%

HTGC

114.01%

Free Cash Flow Yield

Winner

ARX

11.12%

HTGC

-14.57%

P/S Ratio

Winner

ARX

3.08

HTGC

5.38

P/B Ratio

ARX

4.26

Winner

HTGC

1.35

ARX vs HTGC - Historical Returns

Returns include dividend reinvestment.

Period	ARX	HTGC
1 month	+7.85%	+6.35%
3 months	+9.82%	+6.56%
6 months	-2.10%	-8.48%
1 year	-45.14%	-7.77%
5 years(CAGR)	N/A	+10.21%
10 years(CAGR)	N/A	+13.43%
Max(CAGR)	-45.16%	+11.74%

Winner

ARX

+7.85%

HTGC

+6.35%

Winner

ARX

+9.82%

HTGC

+6.56%

Winner

ARX

-2.10%

HTGC

-8.48%

ARX

-45.14%

Winner

HTGC

-7.77%

5Y(CAGR)

ARX

N/A

HTGC

+10.21%

10Y(CAGR)

ARX

N/A

HTGC

+13.43%

Max(CAGR)

ARX

-45.16%

Winner

HTGC

+11.74%

ARX vs HTGC - Annual Returns (2005 - 2026)

Returns include dividend reinvestment.

Year	ARX	HTGC
2026	-6.87%	-9.64%
2025	-38.30%	+1.96%
2024	N/A	+32.98%
2023	N/A	+41.90%
2022	N/A	-10.44%
2021	N/A	+28.51%
2020	N/A	+14.66%
2019	N/A	+37.73%
2018	N/A	-7.89%
2017	N/A	-0.02%
2016	N/A	+27.29%
2015	N/A	-10.92%
2014	N/A	-0.53%
2013	N/A	+57.57%
2012	N/A	+26.44%
2011	N/A	-3.48%
2010	N/A	+4.16%
2009	N/A	+53.21%
2008	N/A	-22.46%
2007	N/A	-4.17%
2006	N/A	+35.73%
2005	N/A	-7.27%

ARX vs HTGC Drawdown Comparison

The maximum drawdown for ARX was -68.85%, occurring on Feb 23, 2026. This drawdown has not yet recovered.

The maximum drawdown for HTGC was -68.28%, occurring on Mar 5, 2009. Recovery took 599 trading sessions.

The current ARX drawdown is -51.62%. The current HTGC drawdown is -14.47%.

Rank	ARX	HTGC
#1	-68.85% Aug 22, 2025 - Feb 23, 2026	-68.28% May 23, 2007 - Oct 7, 2009
#2	-9.84% Jul 25, 2025 - Aug 20, 2025	-57.47% Feb 21, 2020 - Dec 23, 2020
#3	-1.00% Aug 20, 2025 - Aug 22, 2025	-36.10% Apr 20, 2022 - Jul 18, 2023
#4	N/A	-33.89% Jul 28, 2014 - Aug 9, 2016
#5	N/A	-28.12% Feb 19, 2025 - Mar 27, 2026
#6	N/A	-27.93% Aug 12, 2005 - Sep 29, 2006
#7	N/A	-24.45% Apr 6, 2011 - Feb 3, 2012
#8	N/A	-23.46% Apr 23, 2010 - Jan 5, 2011
#9	N/A	-19.98% Aug 22, 2018 - Feb 22, 2019
#10	N/A	-19.09% Nov 27, 2013 - Jul 2, 2014
#11	N/A	-18.82% Apr 26, 2017 - Aug 15, 2018
#12	N/A	-18.27% Jul 30, 2024 - Jan 16, 2025
#13	N/A	-17.31% Jan 19, 2010 - Apr 6, 2010
#14	N/A	-15.09% Oct 19, 2009 - Jan 4, 2010
#15	N/A	-13.80% Aug 7, 2023 - Jan 4, 2024

Correlation

Correlation between ARX and HTGC is 0.41 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.41

-101

Dividend Comparison (2005 - 2026)

ARX vs HTGC dividend yield comparison.

Year	ARX	HTGC
2026	1.81%	8.01%
2025	0.00%	9.99%
2024	0.00%	9.56%
2023	0.00%	11.40%
2022	0.00%	13.77%
2021	0.00%	9.76%
2020	0.00%	9.02%
2019	0.00%	9.49%
2018	0.00%	11.40%
2017	0.00%	9.45%
2016	0.00%	8.79%
2015	0.00%	10.17%
2014	0.00%	8.33%
2013	0.00%	6.77%
2012	0.00%	8.54%
2011	0.00%	9.32%
2010	0.00%	7.72%
2009	0.00%	12.13%
2008	0.00%	16.67%
2007	0.00%	9.66%
2006	0.00%	9.05%
2005	0.00%	0.21%