HERZ vs TWCBU

Comparison between Herzfeld Credit Income Fund Inc Com (HERZ, Company) and Bilander Acquisition Corp - Units (1 Ord Share Class A & 1/4 War) (TWCBU, Company).

HERZ vs TWCBU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HERZ(COMPANY)	TWCBU(COMPANY)
Market Cap	$230M	$229M
Max Drawdown	46.61%	7.64%
Sharpe Ratio	0.49	0.01
Industry	Asset Management	N/A
P/E Ratio	-345.65	1283.43
Free Cash Flow Yield	N/A	-0.36%
P/S Ratio	203.38	N/A
P/B Ratio	5.13	-18.24

Market Cap

Winner

HERZ

$230M

TWCBU

$229M

Max Drawdown

HERZ

46.61%

Winner

TWCBU

7.64%

Sharpe Ratio

Winner

HERZ

0.49

TWCBU

0.01

Industry

HERZ

Asset Management

TWCBU

N/A

P/E Ratio

Winner

HERZ

-345.65

TWCBU

1283.43

Free Cash Flow Yield

HERZ

N/A

TWCBU

-0.36%

P/S Ratio

HERZ

203.38

TWCBU

N/A

P/B Ratio

HERZ

5.13

Winner

TWCBU

-18.24

HERZ vs TWCBU - Historical Returns

Returns include dividend reinvestment.

Period	HERZ	TWCBU
1 month	-6.76%	+0.39%
3 months	+10.69%	+2.93%
6 months	-11.96%	-0.70%
1 year	+16.76%	+4.83%
Max(CAGR)	+17.77%	+1.28%

HERZ

-6.76%

Winner

TWCBU

+0.39%

Winner

HERZ

+10.69%

TWCBU

+2.93%

HERZ

-11.96%

Winner

TWCBU

-0.70%

Winner

HERZ

+16.76%

TWCBU

+4.83%

Max(CAGR)

Winner

HERZ

+17.77%

TWCBU

+1.28%

HERZ vs TWCBU - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	HERZ	TWCBU
2026	-20.82%	N/A
2025	+49.49%	N/A
2023	N/A	+2.98%
2022	N/A	-1.44%
2021	N/A	+1.11%

HERZ vs TWCBU Drawdown Comparison

The maximum drawdown for HERZ was -33.63%, occurring on Feb 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for TWCBU was -7.64%, occurring on Sep 12, 2022. Recovery took 366 trading sessions.

The current HERZ drawdown is -21.89%. The current TWCBU drawdown is -4.23%.

Rank	HERZ	TWCBU
#1	-33.63% Dec 31, 2025 - Feb 27, 2026	-7.64% Dec 16, 2021 - Jun 2, 2023
#2	-16.24% Jul 8, 2025 - Nov 21, 2025	-5.26% Jun 2, 2023 - Jun 12, 2023
#3	-3.99% Dec 29, 2025 - Dec 31, 2025	-3.17% Nov 9, 2021 - Dec 16, 2021
#4	-3.44% Dec 4, 2025 - Dec 26, 2025	-1.50% Aug 4, 2021 - Nov 9, 2021
#5	-1.16% Nov 21, 2025 - Dec 2, 2025	-0.50% Jul 16, 2021 - Aug 3, 2021