MHNC vs MSDL
Comparison between Maiden Holdings North American Ltd 775 Nts 12012043 (MHNC, Company) and Morgan Stanley Direct Lending Fund (MSDL, Company).
MHNC vs MSDL - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
MHNC
$1.31B
MSDL
$1.30B
Max Drawdown
MHNC
58.28%
Winner
MSDL
42.73%
Sharpe Ratio
MHNC
-0.88
Winner
MSDL
-0.74
5Y Beta
Winner
MHNC
0.14
MSDL
0.55
Industry
MHNC
N/A
MSDL
Asset Management
P/E Ratio
Winner
MHNC
-6.18
MSDL
15.06
Forward P/E
MHNC
N/A
MSDL
8.24
PEG Ratio
MHNC
-0.01
MSDL
N/A
Dividend Yield
MHNC
10.60%
Winner
MSDL
12.60%
5Y Dividends CAGR
MHNC
4.56%
MSDL
N/A
5Y EPS CAGR
MHNC
18.84%
MSDL
N/A
Debt to Equity
MHNC
678.14%
Winner
MSDL
121.45%
Free Cash Flow Yield
MHNC
-7.37%
Winner
MSDL
15.60%
P/S Ratio
MHNC
N/A
MSDL
3.40
P/B Ratio
MHNC
N/A
MSDL
0.77
MHNC vs MSDL - Historical Returns
Returns include dividend reinvestment.
1M
MHNC
-3.05%
Winner
MSDL
-2.88%
3M
MHNC
-13.70%
Winner
MSDL
+5.74%
6M
MHNC
-17.31%
Winner
MSDL
-8.14%
1Y
MHNC
-18.54%
Winner
MSDL
-12.21%
5Y(CAGR)
MHNC
-2.49%
MSDL
N/A
10Y(CAGR)
MHNC
+1.49%
MSDL
N/A
Max(CAGR)
Winner
MHNC
+3.61%
MSDL
-2.59%
MHNC vs MSDL - Annual Returns (2013 - 2026)
Returns include dividend reinvestment.
| Year | MHNC | MSDL |
|---|---|---|
| 2026 | -16.05% | -4.99% |
| 2025 | -0.47% | -11.88% |
| 2024 | +5.68% | +11.06% |
| 2023 | +13.11% | N/A |
| 2022 | -10.47% | N/A |
| 2021 | +13.55% | N/A |
| 2020 | +6.69% | N/A |
| 2019 | +4.60% | N/A |
| 2018 | +1.98% | N/A |
| 2017 | -1.35% | N/A |
| 2016 | +6.93% | N/A |
| 2015 | +8.97% | N/A |
| 2014 | +34.94% | N/A |
| 2013 | -15.14% | N/A |
MHNC vs MSDL Drawdown Comparison
The maximum drawdown for MHNC was -32.49%, occurring on Mar 7, 2019. Recovery took 597 trading sessions.
The maximum drawdown for MSDL was -29.56%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current MHNC drawdown is -24.30%. The current MSDL drawdown is -21.37%.
| Rank | MHNC | MSDL |
|---|---|---|
| #1 | -32.49% Aug 7, 2017 - Dec 19, 2019 | -29.56% Jun 21, 2024 - Mar 27, 2026 |
| #2 | -31.67% Sep 12, 2025 - Mar 20, 2026 | -6.13% May 9, 2024 - Jun 21, 2024 |
| #3 | -29.19% Feb 4, 2020 - May 29, 2020 | -6.08% Mar 27, 2024 - May 6, 2024 |
| #4 | -28.20% Sep 30, 2021 - Dec 13, 2023 | -4.94% Jan 25, 2024 - Mar 14, 2024 |
| #5 | -19.57% Nov 4, 2024 - Aug 13, 2025 | -4.15% Mar 20, 2024 - Mar 22, 2024 |
| #6 | -15.91% Nov 27, 2013 - Feb 14, 2014 | -2.76% Mar 22, 2024 - Mar 26, 2024 |
| #7 | -9.62% Dec 13, 2023 - Oct 18, 2024 | -2.37% May 6, 2024 - May 8, 2024 |
| #8 | -8.40% Jun 3, 2020 - Aug 11, 2020 | -1.63% Mar 15, 2024 - Mar 20, 2024 |
| #9 | -7.70% Dec 10, 2015 - Feb 25, 2016 | N/A |
| #10 | -6.67% Aug 11, 2020 - Nov 23, 2020 | N/A |
| #11 | -5.82% Mar 16, 2017 - Jun 27, 2017 | N/A |
| #12 | -4.48% Sep 7, 2016 - Dec 27, 2016 | N/A |
| #13 | -3.86% Oct 18, 2024 - Oct 28, 2024 | N/A |
| #14 | -3.86% Feb 23, 2021 - Mar 16, 2021 | N/A |
| #15 | -3.61% Dec 21, 2020 - Jan 13, 2021 | N/A |
Correlation
Correlation between MHNC and MSDL is 0.28 which considered as a very weak or no correlation - the stocks move independently of each other.
0.28
-101
Dividend Comparison (2014 - 2026)
MHNC vs MSDL dividend yield comparison.
| Year | MHNC | MSDL |
|---|---|---|
| 2026 | 7.82% | 2.97% |
| 2025 | 12.26% | 12.14% |
| 2024 | 10.83% | 10.65% |
| 2023 | 10.18% | 0.00% |
| 2022 | 10.35% | 0.00% |
| 2021 | 8.43% | 0.00% |
| 2020 | 8.97% | 0.00% |
| 2019 | 8.59% | 0.00% |
| 2018 | 6.15% | 0.00% |
| 2017 | 7.93% | 0.00% |
| 2016 | 7.18% | 0.00% |
| 2015 | 7.19% | 0.00% |
| 2014 | 7.42% | 0.00% |
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