HRZN vs VGZ

Comparison between Horizon Technology Finance Corp (HRZN, Company) and Vista Gold Corp (VGZ, Company).

HRZN is from the Financial Services sector, while VGZ is from the Basic Materials sector.

5-Year PerformanceVGZ has outperformed HRZN, delivering a return of +22.0% compared to -11.7%

HRZN vs VGZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HRZN(COMPANY)	VGZ(COMPANY)
Market Cap	$293M	$290M
Max Drawdown	79.08%	98.17%
Sharpe Ratio	-0.44	1.33
5Y Beta	0.60	0.82
Industry	Asset Management	Gold
P/E Ratio	11.27	-32.61
Forward P/E	8.94	6.75
PEG Ratio	1.91	0.00
Dividend Yield	24.20%	N/A
5Y Dividends CAGR	0.66%	N/A
5Y EPS CAGR	N/A	28.79%
Debt to Equity	96.39%	0.00%
Free Cash Flow Yield	34.64%	-2.78%
P/S Ratio	3.07	380.58
P/B Ratio	0.89	5.32

Market Cap

Winner

HRZN

$293M

VGZ

$290M

Max Drawdown

Winner

HRZN

79.08%

VGZ

98.17%

Sharpe Ratio

HRZN

-0.44

Winner

VGZ

1.33

5Y Beta

Winner

HRZN

0.60

VGZ

0.82

Industry

HRZN

Asset Management

VGZ

Gold

P/E Ratio

HRZN

11.27

Winner

VGZ

-32.61

Forward P/E

HRZN

8.94

Winner

VGZ

6.75

PEG Ratio

HRZN

1.91

Winner

VGZ

0.00

Dividend Yield

HRZN

24.20%

VGZ

N/A

5Y Dividends CAGR

HRZN

0.66%

VGZ

N/A

5Y EPS CAGR

HRZN

N/A

VGZ

28.79%

Debt to Equity

HRZN

96.39%

Winner

VGZ

0.00%

Free Cash Flow Yield

Winner

HRZN

34.64%

VGZ

-2.78%

P/S Ratio

Winner

HRZN

3.07

VGZ

380.58

P/B Ratio

Winner

HRZN

0.89

VGZ

5.32

HRZN vs VGZ - Historical Returns

Returns include dividend reinvestment.

Period	HRZN	VGZ
1 month	+4.11%	+29.65%
3 months	+15.92%	-5.91%
6 months	-19.74%	-23.89%
1 year	-18.61%	+112.38%
5 years(CAGR)	-11.72%	+22.01%
10 years(CAGR)	+1.17%	+6.48%
Max(CAGR)	+3.72%	+9.63%

HRZN

+4.11%

Winner

VGZ

+29.65%

Winner

HRZN

+15.92%

VGZ

-5.91%

Winner

HRZN

-19.74%

VGZ

-23.89%

HRZN

-18.61%

Winner

VGZ

+112.38%

5Y(CAGR)

HRZN

-11.72%

Winner

VGZ

+22.01%

10Y(CAGR)

HRZN

+1.17%

Winner

VGZ

+6.48%

Max(CAGR)

HRZN

+3.72%

Winner

VGZ

+9.63%

HRZN vs VGZ - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HRZN	VGZ
2026	-19.39%	+23.20%
2025	-15.46%	+242.37%
2024	-23.31%	+23.86%
2023	+25.85%	-10.99%
2022	-20.47%	-31.24%
2021	+31.35%	-36.08%
2020	+14.00%	+44.00%
2019	+25.22%	+33.08%
2018	+9.81%	-28.08%
2017	+18.26%	-29.29%
2016	-0.22%	+224.14%
2015	-4.75%	-4.71%
2014	+8.77%	-35.93%
2013	+3.10%	-85.60%
2012	+3.21%	-18.43%
2011	+18.15%	+22.80%
2010	-6.02%	-5.16%
2009	N/A	+104.17%
2008	N/A	-79.07%
2007	N/A	-40.94%
2006	N/A	+64.38%
2005	N/A	+41.90%
2004	N/A	-14.03%
2003	N/A	+10.17%
2002	N/A	+6700.00%
2001	N/A	+20.00%
2000	N/A	-61.54%
1999	N/A	-52.63%

HRZN vs VGZ 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 VGZ was -98.17%, occurring on Jul 21, 2015. This drawdown has not yet recovered.

The current HRZN drawdown is -51.20%. The current VGZ drawdown is -83.14%.

Rank	HRZN	VGZ
#1	-62.37% Nov 15, 2021 - Apr 27, 2026	-98.17% Sep 6, 2006 - Jul 21, 2015
#2	-60.35% Feb 20, 2020 - Oct 5, 2020	-83.53% Nov 1, 1999 - May 20, 2002
#3	-34.45% May 27, 2015 - Jul 5, 2016	-57.89% Sep 9, 2002 - Mar 18, 2004
#4	-27.85% Oct 13, 2016 - Aug 7, 2018	-52.27% Mar 26, 2004 - Apr 4, 2006
#5	-16.50% Sep 19, 2012 - Jan 21, 2014	-40.61% Jun 21, 2002 - Jul 11, 2002
#6	-15.00% Oct 16, 2018 - Nov 13, 2018	-38.64% May 24, 2002 - Jun 20, 2002
#7	-14.92% Feb 18, 2014 - Jun 17, 2014	-35.81% Jul 16, 2002 - Aug 6, 2002
#8	-14.58% Jul 21, 2011 - Aug 31, 2011	-28.89% Aug 6, 2002 - Sep 4, 2002
#9	-14.56% Oct 15, 2020 - Dec 11, 2020	-25.83% May 2, 2006 - Jul 11, 2006
#10	-12.67% Jun 27, 2014 - Feb 10, 2015	-17.05% Jul 12, 2006 - Aug 8, 2006
#11	-12.65% Mar 11, 2019 - Nov 12, 2019	-8.81% Aug 9, 2006 - Aug 22, 2006
#12	-12.46% Feb 24, 2021 - Apr 5, 2021	-6.87% Apr 10, 2006 - Apr 18, 2006
#13	-11.65% Nov 15, 2018 - Jan 14, 2019	-6.44% Apr 19, 2006 - Apr 24, 2006
#14	-11.29% Oct 29, 2010 - Jan 5, 2011	-5.83% Apr 26, 2006 - May 1, 2006
#15	-11.28% Apr 16, 2021 - Jun 8, 2021	-3.55% Aug 25, 2006 - Aug 31, 2006

Correlation

Correlation between HRZN and VGZ is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101