HRZN vs RNAC

Comparison between Horizon Technology Finance Corp (HRZN, Company) and Cartesian Therapeutics Inc (RNAC, Company).

HRZN is from the Financial Services sector, while RNAC is from the Healthcare sector.

5-Year PerformanceHRZN has outperformed RNAC, delivering a return of -14.3% compared to -42.3%

HRZN vs RNAC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HRZN(COMPANY)	RNAC(COMPANY)
Market Cap	$212M	$212M
Max Drawdown	79.08%	99.26%
Sharpe Ratio	-0.63	0.02
5Y Beta	0.56	1.96
Industry	Asset Management	Biotechnology
P/E Ratio	9.86	-1.30
Forward P/E	8.29	25.06
PEG Ratio	1.91	-0.00
Dividend Yield	28.60%	N/A
5Y Dividends CAGR	-2.09%	N/A
5Y EPS CAGR	N/A	-22.75%
Debt to Equity	133.94%	0.00%
Free Cash Flow Yield	13.03%	-36.48%
P/S Ratio	3.08	127.79
P/B Ratio	0.88	31.26

Market Cap

Winner

HRZN

$212M

RNAC

$212M

Max Drawdown

Winner

HRZN

79.08%

RNAC

99.26%

Sharpe Ratio

HRZN

-0.63

Winner

RNAC

0.02

5Y Beta

Winner

HRZN

0.56

RNAC

1.96

Industry

HRZN

Asset Management

RNAC

Biotechnology

P/E Ratio

HRZN

9.86

Winner

RNAC

-1.30

Forward P/E

Winner

HRZN

8.29

RNAC

25.06

PEG Ratio

HRZN

1.91

Winner

RNAC

-0.00

Dividend Yield

HRZN

28.60%

RNAC

N/A

5Y Dividends CAGR

HRZN

-2.09%

RNAC

N/A

5Y EPS CAGR

HRZN

N/A

RNAC

-22.75%

Debt to Equity

HRZN

133.94%

Winner

RNAC

0.00%

Free Cash Flow Yield

Winner

HRZN

13.03%

RNAC

-36.48%

P/S Ratio

Winner

HRZN

3.08

RNAC

127.79

P/B Ratio

Winner

HRZN

0.88

RNAC

31.26

HRZN vs RNAC - Historical Returns

Returns include dividend reinvestment.

Period	HRZN	RNAC
1 month	+4.35%	+9.31%
3 months	+5.35%	+17.12%
6 months	-27.73%	+11.62%
1 year	-30.09%	-7.13%
5 years(CAGR)	-14.29%	-42.32%
10 years(CAGR)	+1.55%	-31.61%
Max(CAGR)	+2.93%	-31.61%

HRZN

+4.35%

Winner

RNAC

+9.31%

HRZN

+5.35%

Winner

RNAC

+17.12%

HRZN

-27.73%

Winner

RNAC

+11.62%

HRZN

-30.09%

Winner

RNAC

-7.13%

5Y(CAGR)

Winner

HRZN

-14.29%

RNAC

-42.32%

10Y(CAGR)

Winner

HRZN

+1.55%

RNAC

-31.61%

Max(CAGR)

Winner

HRZN

+2.93%

RNAC

-31.61%

HRZN vs RNAC - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HRZN	RNAC
2026	-28.95%	+40.68%
2025	-15.46%	-57.41%
2024	-23.31%	-8.88%
2023	+25.85%	-40.05%
2022	-20.47%	-65.86%
2021	+31.35%	+9.03%
2020	+14.00%	+31.74%
2019	+25.22%	-17.93%
2018	+9.81%	-74.02%
2017	+18.26%	-43.23%
2016	-0.22%	+22.50%
2015	-4.75%	N/A
2014	+8.77%	N/A
2013	+3.10%	N/A
2012	+3.21%	N/A
2011	+18.15%	N/A
2010	-6.02%	N/A

HRZN vs RNAC Drawdown Comparison

The maximum drawdown for HRZN was -62.37%, occurring on Apr 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for RNAC was -99.26%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The current HRZN drawdown is -56.98%. The current RNAC drawdown is -98.80%.

Rank	HRZN	RNAC
#1	-62.37% Nov 15, 2021 - Apr 27, 2026	-99.26% Nov 25, 2016 - Jun 5, 2026
#2	-60.35% Feb 20, 2020 - Oct 5, 2020	-24.79% Jul 13, 2016 - Sep 21, 2016
#3	-34.45% May 27, 2015 - Jul 5, 2016	-16.26% Sep 26, 2016 - Oct 18, 2016
#4	-27.85% Oct 13, 2016 - Aug 7, 2018	-7.33% Nov 11, 2016 - Nov 22, 2016
#5	-16.50% Sep 19, 2012 - Jan 21, 2014	-5.47% Oct 19, 2016 - Oct 31, 2016
#6	-15.00% Oct 16, 2018 - Nov 13, 2018	-2.75% Nov 8, 2016 - Nov 10, 2016
#7	-14.92% Feb 18, 2014 - Jun 17, 2014	-2.49% Sep 21, 2016 - Sep 23, 2016
#8	-14.58% Jul 21, 2011 - Aug 31, 2011	-1.35% Nov 3, 2016 - Nov 7, 2016
#9	-14.56% Oct 15, 2020 - Dec 11, 2020	-0.36% Jul 8, 2016 - Jul 13, 2016
#10	-12.67% Jun 27, 2014 - Feb 10, 2015	-0.29% Jun 23, 2016 - Jul 8, 2016
#11	-12.65% Mar 11, 2019 - Nov 12, 2019	N/A
#12	-12.46% Feb 24, 2021 - Apr 5, 2021	N/A
#13	-11.65% Nov 15, 2018 - Jan 14, 2019	N/A
#14	-11.29% Oct 29, 2010 - Jan 5, 2011	N/A
#15	-11.28% Apr 16, 2021 - Jun 8, 2021	N/A

Correlation

Correlation between HRZN and RNAC is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101