GAINL vs SAR

Comparison between Gladstone Investment Corporation (GAINL, Company) and Saratoga Investment Corp (SAR, Company).

Both GAINL and SAR are from the Financial Services sector.

GAINL vs SAR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GAINL(COMPANY)	SAR(COMPANY)
Market Cap	$358M	$358M
Max Drawdown	5.28%	94.01%
Sharpe Ratio	-0.12	0.26
5Y Beta	0.04	0.52
Industry	Specialty Finance	Asset Management
P/E Ratio	N/A	9.57
Forward P/E	N/A	11.05
PEG Ratio	N/A	0.32
Dividend Yield	7.78%	13.60%
5Y Dividends CAGR	N/A	19.72%
Debt to Equity	N/A	186.64%
Free Cash Flow Yield	N/A	-24.56%
P/S Ratio	N/A	2.86
P/B Ratio	N/A	0.91

Market Cap

GAINL

$358M

Winner

SAR

$358M

Max Drawdown

Winner

GAINL

5.28%

SAR

94.01%

Sharpe Ratio

GAINL

-0.12

Winner

SAR

0.26

5Y Beta

Winner

GAINL

0.04

SAR

0.52

Industry

GAINL

Specialty Finance

SAR

Asset Management

P/E Ratio

GAINL

N/A

SAR

9.57

Forward P/E

GAINL

N/A

SAR

11.05

PEG Ratio

GAINL

N/A

SAR

0.32

Dividend Yield

GAINL

7.78%

Winner

SAR

13.60%

5Y Dividends CAGR

GAINL

N/A

SAR

19.72%

Debt to Equity

GAINL

N/A

SAR

186.64%

Free Cash Flow Yield

GAINL

N/A

SAR

-24.56%

P/S Ratio

GAINL

N/A

SAR

2.86

P/B Ratio

GAINL

N/A

SAR

0.91

GAINL vs SAR - Historical Returns

Returns include dividend reinvestment.

Period	GAINL	SAR
1 month	+0.00%	+0.52%
3 months	+0.00%	+5.69%
6 months	+0.00%	+4.51%
1 year	+2.84%	+5.97%
5 years(CAGR)	N/A	+8.73%
10 years(CAGR)	N/A	+13.95%
Max(CAGR)	+6.99%	+5.72%

GAINL

+0.00%

Winner

SAR

+0.52%

GAINL

+0.00%

Winner

SAR

+5.69%

GAINL

+0.00%

Winner

SAR

+4.51%

GAINL

+2.84%

Winner

SAR

+5.97%

5Y(CAGR)

GAINL

N/A

SAR

+8.73%

10Y(CAGR)

GAINL

N/A

SAR

+13.95%

Max(CAGR)

Winner

GAINL

+6.99%

SAR

+5.72%

GAINL vs SAR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	GAINL	SAR
2026	+0.00%	+4.51%
2025	+5.25%	+9.10%
2024	+8.63%	+6.50%
2023	+7.11%	+10.72%
2022	N/A	-4.08%
2021	N/A	+54.28%
2020	N/A	-10.77%
2019	N/A	+29.96%
2018	N/A	-2.27%
2017	N/A	+22.47%
2016	N/A	+48.92%
2015	N/A	+14.78%
2014	N/A	-3.24%
2013	N/A	+16.35%
2012	N/A	+56.12%
2011	N/A	-15.58%
2010	N/A	+26.49%
2009	N/A	+5.90%
2008	N/A	-67.73%
2007	N/A	-21.56%

GAINL vs SAR Drawdown Comparison

The maximum drawdown for GAINL was -4.71%, occurring on Nov 17, 2025. This drawdown has not yet recovered.

The maximum drawdown for SAR was -90.54%, occurring on Nov 24, 2008. Recovery took 2410 trading sessions.

The current GAINL drawdown is -4.26%. The current SAR drawdown is -2.94%.

Rank	GAINL	SAR
#1	-4.71% Nov 6, 2025 - Nov 17, 2025	-90.54% Jun 4, 2007 - Dec 27, 2016
#2	-2.65% Mar 15, 2024 - Jul 1, 2024	-69.89% Feb 14, 2020 - Apr 5, 2021
#3	-2.47% Apr 2, 2025 - May 6, 2025	-28.49% Jun 26, 2018 - Jul 26, 2019
#4	-2.24% May 14, 2025 - Jul 15, 2025	-25.99% Oct 6, 2021 - Jan 10, 2023
#5	-2.19% Sep 16, 2024 - Nov 15, 2024	-15.50% Feb 17, 2023 - May 24, 2023
#6	-1.84% Sep 19, 2023 - Oct 12, 2023	-15.19% Jun 1, 2023 - Oct 9, 2024
#7	-1.83% Jan 31, 2025 - Apr 1, 2025	-14.36% Apr 1, 2025 - May 6, 2025
#8	-1.76% Nov 29, 2024 - Jan 8, 2025	-13.85% Sep 2, 2025 - Feb 2, 2026
#9	-1.23% Aug 26, 2024 - Sep 9, 2024	-13.25% Jan 10, 2018 - May 15, 2018
#10	-1.12% Aug 1, 2024 - Aug 23, 2024	-12.48% Mar 13, 2017 - Oct 23, 2017
#11	-1.04% Nov 15, 2024 - Nov 29, 2024	-11.73% Mar 4, 2026 - May 1, 2026
#12	-1.02% Oct 13, 2023 - Nov 3, 2023	-8.61% May 6, 2025 - May 27, 2025
#13	-1.01% Aug 7, 2025 - Sep 12, 2025	-7.64% May 4, 2026 - May 11, 2026
#14	-0.99% Nov 8, 2023 - Nov 30, 2023	-7.37% Feb 28, 2025 - Mar 27, 2025
#15	-0.98% Jul 17, 2025 - Aug 7, 2025	-7.20% Mar 27, 2007 - May 29, 2007

Correlation

Correlation between GAINL and SAR is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2007 - 2026)

GAINL vs SAR dividend yield comparison.

Year	GAINL	SAR
2026	0.00%	9.43%
2025	7.93%	14.04%
2024	7.75%	13.80%
2023	3.90%	10.90%
2022	0.00%	11.02%
2021	0.00%	6.16%
2020	0.00%	6.57%
2019	0.00%	6.61%
2018	0.00%	10.35%
2017	0.00%	10.51%
2016	0.00%	9.12%
2015	0.00%	14.14%
2014	0.00%	1.21%
2013	0.00%	16.93%
2012	0.00%	27.60%
2011	0.00%	24.29%
2010	0.00%	25.36%
2009	0.00%	103.69%
2008	0.00%	62.99%
2007	0.00%	9.66%