BXSL vs GVA

Comparison between Blackstone Secured Lending Fund. (BXSL, Company) and Granite Construction Inc (GVA, Company).

BXSL is from the Financial Services sector, while GVA is from the Industrials sector.

5-Year PerformanceGVA has outperformed BXSL, delivering a return of +28.5% compared to +8.0%

BXSL vs GVA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BXSL(COMPANY)	GVA(COMPANY)
Market Cap	$5.47B	$5.45B
Max Drawdown	41.26%	86.24%
Sharpe Ratio	-0.98	1.00
5Y Beta	0.62	0.84
Industry	Asset Management	Engineering & Construction
P/E Ratio	12.40	29.41
Forward P/E	9.71	19.05
PEG Ratio	N/A	0.60
Dividend Yield	13.10%	0.41%
5Y Dividends CAGR	N/A	4.56%
Debt to Equity	131.71%	120.24%
Free Cash Flow Yield	-11.59%	5.55%
P/S Ratio	3.97	1.19
P/B Ratio	0.90	5.28

Market Cap

Winner

BXSL

$5.47B

GVA

$5.45B

Max Drawdown

Winner

BXSL

41.26%

GVA

86.24%

Sharpe Ratio

BXSL

-0.98

Winner

GVA

1.00

5Y Beta

Winner

BXSL

0.62

GVA

0.84

Industry

BXSL

Asset Management

GVA

Engineering & Construction

P/E Ratio

Winner

BXSL

12.40

GVA

29.41

Forward P/E

Winner

BXSL

9.71

GVA

19.05

PEG Ratio

BXSL

N/A

GVA

0.60

Dividend Yield

Winner

BXSL

13.10%

GVA

0.41%

5Y Dividends CAGR

BXSL

N/A

GVA

4.56%

Debt to Equity

BXSL

131.71%

Winner

GVA

120.24%

Free Cash Flow Yield

BXSL

-11.59%

Winner

GVA

5.55%

P/S Ratio

BXSL

3.97

Winner

GVA

1.19

P/B Ratio

Winner

BXSL

0.90

GVA

5.28

BXSL vs GVA - Historical Returns

Returns include dividend reinvestment.

Period	BXSL	GVA
1 month	+4.74%	-13.40%
3 months	-0.27%	-0.11%
6 months	-4.17%	+2.40%
1 year	-17.05%	+32.59%
5 years(CAGR)	+7.99%	+28.48%
10 years(CAGR)	N/A	+10.85%
Max(CAGR)	+7.99%	+10.38%

Winner

BXSL

+4.74%

GVA

-13.40%

BXSL

-0.27%

Winner

GVA

-0.11%

BXSL

-4.17%

Winner

GVA

+2.40%

BXSL

-17.05%

Winner

GVA

+32.59%

5Y(CAGR)

BXSL

+7.99%

Winner

GVA

+28.48%

10Y(CAGR)

BXSL

N/A

GVA

+10.85%

Max(CAGR)

BXSL

+7.99%

Winner

GVA

+10.38%

BXSL vs GVA - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BXSL	GVA
2026	-4.43%	+4.72%
2025	-9.91%	+31.91%
2024	+28.00%	+75.44%
2023	+37.79%	+47.00%
2022	-19.73%	-8.92%
2021	+24.98%	+47.29%
2020	N/A	-0.40%
2019	N/A	-30.47%
2018	N/A	-36.37%
2017	N/A	+16.08%
2016	N/A	+33.59%
2015	N/A	+17.09%
2014	N/A	+13.24%
2013	N/A	+2.04%
2012	N/A	+40.60%
2011	N/A	-13.98%
2010	N/A	-18.14%
2009	N/A	-23.70%
2008	N/A	+23.30%
2007	N/A	-27.78%
2006	N/A	+36.91%
2005	N/A	+39.27%
2004	N/A	+13.51%
2003	N/A	+43.24%
2002	N/A	-35.38%
2001	N/A	+26.31%
2000	N/A	+66.79%
1999	N/A	-5.36%

BXSL vs GVA Drawdown Comparison

The maximum drawdown for BXSL was -36.82%, occurring on Jul 6, 2022. Recovery took 543 trading sessions.

The maximum drawdown for GVA was -84.73%, occurring on Mar 17, 2020. Recovery took 1580 trading sessions.

The current BXSL drawdown is -18.12%. The current GVA drawdown is -22.61%.

Rank	BXSL	GVA
#1	-36.82% Dec 23, 2021 - Feb 23, 2024	-84.73% Jan 29, 2018 - May 9, 2024
#2	-24.22% Feb 19, 2025 - Mar 27, 2026	-75.06% Jul 13, 2007 - Oct 27, 2017
#3	-9.31% May 6, 2024 - Oct 21, 2024	-53.23% May 14, 2001 - Jul 1, 2005
#4	-8.87% Nov 11, 2021 - Dec 13, 2021	-29.06% Dec 4, 2024 - Aug 7, 2025
#5	-6.19% Dec 13, 2021 - Dec 23, 2021	-26.75% Apr 21, 2006 - Aug 22, 2006
#6	-3.71% Oct 24, 2024 - Nov 22, 2024	-25.91% Jun 26, 2026 - Jul 13, 2026
#7	-3.41% Nov 29, 2024 - Dec 24, 2024	-25.19% May 11, 2000 - Nov 17, 2000
#8	-2.92% Jan 2, 2025 - Jan 16, 2025	-24.25% Oct 19, 2006 - Apr 27, 2007
#9	-2.43% Mar 13, 2024 - Mar 21, 2024	-16.54% Nov 15, 1999 - Jan 7, 2000
#10	-2.25% Mar 28, 2024 - Apr 18, 2024	-16.01% Oct 3, 2005 - Nov 22, 2005
#11	-1.66% Feb 3, 2025 - Feb 12, 2025	-15.69% Mar 21, 2000 - May 11, 2000
#12	-1.31% Apr 29, 2024 - May 1, 2024	-14.69% Feb 24, 2026 - Apr 30, 2026
#13	-1.14% Feb 27, 2024 - Mar 6, 2024	-12.42% Mar 2, 2001 - Apr 10, 2001
#14	-0.73% Oct 21, 2024 - Oct 24, 2024	-11.45% Jan 16, 2001 - Feb 9, 2001
#15	-0.60% Dec 27, 2024 - Jan 2, 2025	-11.39% Aug 13, 2025 - Dec 10, 2025

Correlation

Correlation between BXSL and GVA is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (1999 - 2026)

BXSL vs GVA dividend yield comparison.

Year	BXSL	GVA
2026	6.46%	0.21%
2025	11.70%	0.45%
2024	9.53%	0.59%
2023	10.64%	1.02%
2022	13.02%	1.48%
2021	1.56%	1.34%
2020	0.00%	1.95%
2019	0.00%	1.88%
2018	0.00%	1.29%
2017	0.00%	0.82%
2016	0.00%	0.95%
2015	0.00%	1.21%
2014	0.00%	1.37%
2013	0.00%	1.49%
2012	0.00%	1.55%
2011	0.00%	2.19%
2010	0.00%	1.90%
2009	0.00%	1.54%
2008	0.00%	1.18%
2007	0.00%	1.19%
2006	0.00%	0.79%
2005	0.00%	1.11%
2004	0.00%	1.50%
2003	0.00%	1.70%
2002	0.00%	2.06%
2001	0.00%	1.33%
2000	0.00%	1.38%
1999	0.00%	0.38%