NCDL vs ATLCP

Comparison between Nuveen Churchill Direct Lending Corp (NCDL, Company) and Atlanticus Holdings Corp (ATLCP, Company).

Both NCDL and ATLCP are from the Financial Services sector.

NCDL vs ATLCP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NCDL(COMPANY)	ATLCP(COMPANY)
Market Cap	$609M	$613M
Max Drawdown	33.11%	37.48%
Sharpe Ratio	-0.83	1.23
5Y Beta	0.50	0.11
Industry	Asset Management	Credit Services
P/E Ratio	10.29	3.20
Forward P/E	7.93	N/A
Debt to Equity	131.86%	N/A
Free Cash Flow Yield	31.05%	N/A
P/S Ratio	8.63	N/A
P/B Ratio	0.72	N/A

Market Cap

NCDL

$609M

Winner

ATLCP

$613M

Max Drawdown

Winner

NCDL

33.11%

ATLCP

37.48%

Sharpe Ratio

NCDL

-0.83

Winner

ATLCP

1.23

5Y Beta

NCDL

0.50

Winner

ATLCP

0.11

Industry

NCDL

Asset Management

ATLCP

Credit Services

P/E Ratio

NCDL

10.29

Winner

ATLCP

3.20

Forward P/E

NCDL

7.93

ATLCP

N/A

Debt to Equity

NCDL

131.86%

ATLCP

N/A

Free Cash Flow Yield

NCDL

31.05%

ATLCP

N/A

P/S Ratio

NCDL

8.63

ATLCP

N/A

P/B Ratio

NCDL

0.72

ATLCP

N/A

NCDL vs ATLCP - Historical Returns

Returns include dividend reinvestment.

Period	NCDL	ATLCP
1 month	-4.42%	+1.10%
3 months	-15.72%	+4.51%
6 months	-4.57%	+4.35%
1 year	-15.94%	+19.87%
5 years(CAGR)	N/A	+8.28%
Max(CAGR)	-3.15%	+8.25%

NCDL

-4.42%

Winner

ATLCP

+1.10%

NCDL

-15.72%

Winner

ATLCP

+4.51%

NCDL

-4.57%

Winner

ATLCP

+4.35%

NCDL

-15.94%

Winner

ATLCP

+19.87%

5Y(CAGR)

NCDL

N/A

ATLCP

+8.28%

Max(CAGR)

NCDL

-3.15%

Winner

ATLCP

+8.25%

NCDL vs ATLCP - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	NCDL	ATLCP
2026	-4.50%	+5.43%
2025	-9.74%	+13.94%
2024	+6.10%	+9.54%
2023	N/A	+40.70%
2022	N/A	-24.98%
2021	N/A	+6.18%

NCDL vs ATLCP Drawdown Comparison

The maximum drawdown for NCDL was -22.31%, occurring on Jun 22, 2026. This drawdown has not yet recovered.

The maximum drawdown for ATLCP was -30.60%, occurring on Mar 17, 2023. Recovery took 421 trading sessions.

The current NCDL drawdown is -19.67%.

Rank	NCDL	ATLCP
#1	-22.31% Jul 17, 2025 - Jun 22, 2026	-30.60% Apr 4, 2022 - Dec 6, 2023
#2	-15.56% Feb 20, 2025 - Jul 10, 2025	-12.64% Mar 6, 2026 - Jun 2, 2026
#3	-10.15% Jan 30, 2024 - Mar 21, 2024	-10.85% Mar 15, 2024 - Nov 13, 2024
#4	-7.02% Jul 17, 2024 - Aug 29, 2024	-7.69% Dec 15, 2023 - Mar 11, 2024
#5	-5.76% Mar 28, 2024 - Jun 6, 2024	-6.84% Dec 2, 2024 - Aug 26, 2025
#6	-4.80% Oct 9, 2024 - Jan 24, 2025	-5.13% Jan 25, 2022 - Apr 4, 2022
#7	-3.06% Jun 7, 2024 - Jul 2, 2024	-4.63% Sep 23, 2025 - Jan 13, 2026
#8	-2.70% Aug 30, 2024 - Sep 13, 2024	-3.32% Jun 5, 2026 - Jun 24, 2026
#9	-2.17% Mar 21, 2024 - Mar 28, 2024	-2.64% Jun 2, 2026 - Jun 5, 2026
#10	-2.17% Sep 18, 2024 - Oct 9, 2024	-2.07% Sep 2, 2021 - Dec 2, 2021
#11	-1.91% Jul 2, 2024 - Jul 17, 2024	-1.54% Feb 27, 2026 - Mar 6, 2026
#12	-1.45% Jan 27, 2025 - Feb 3, 2025	-1.42% Jun 14, 2021 - Jul 6, 2021
#13	-1.17% Jul 11, 2025 - Jul 16, 2025	-1.21% Dec 8, 2023 - Dec 13, 2023
#14	-0.46% Feb 3, 2025 - Feb 11, 2025	-1.18% Jul 2, 2026 - Jul 9, 2026
#15	-0.28% Jan 25, 2024 - Jan 30, 2024	-1.14% Nov 13, 2024 - Nov 19, 2024

Correlation

Correlation between NCDL and ATLCP is -0.37 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.37

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