NCDL vs FRGE
Comparison between Nuveen Churchill Direct Lending Corp (NCDL, Company) and Forge Global Holdings, Inc. (FRGE, Company).
Both NCDL and FRGE are from the Financial Services sector.
NCDL vs FRGE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
NCDL
$617M
FRGE
$617M
Max Drawdown
Winner
NCDL
33.11%
FRGE
98.69%
Sharpe Ratio
NCDL
-0.82
Winner
FRGE
1.44
5Y Beta
Winner
NCDL
0.49
FRGE
0.79
Industry
NCDL
Asset Management
FRGE
Capital Markets
P/E Ratio
NCDL
10.42
Winner
FRGE
-9.22
Forward P/E
NCDL
7.93
FRGE
N/A
Debt to Equity
NCDL
131.86%
Winner
FRGE
0.00%
Free Cash Flow Yield
Winner
NCDL
30.65%
FRGE
-6.50%
NCDL vs FRGE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
NCDL
+2.13%
FRGE
+0.00%
3M
NCDL
-10.79%
Winner
FRGE
+0.00%
6M
NCDL
-4.43%
Winner
FRGE
+1.01%
1Y
NCDL
-19.22%
Winner
FRGE
+150.00%
5Y(CAGR)
NCDL
N/A
FRGE
-21.04%
Max(CAGR)
Winner
NCDL
-3.21%
FRGE
-20.20%
NCDL vs FRGE - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | NCDL | FRGE |
|---|---|---|
| 2026 | -4.57% | +1.24% |
| 2025 | -9.74% | +214.46% |
| 2024 | +6.10% | -72.70% |
| 2023 | N/A | +100.58% |
| 2022 | N/A | -82.54% |
| 2021 | N/A | -4.56% |
NCDL vs FRGE 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 FRGE was -98.69%, occurring on Apr 4, 2025. This drawdown has not yet recovered.
The current NCDL drawdown is -19.74%. The current FRGE drawdown is -92.03%.
| Rank | NCDL | FRGE |
|---|---|---|
| #1 | -22.31% Jul 17, 2025 - Jun 22, 2026 | -98.69% Mar 30, 2022 - Apr 4, 2025 |
| #2 | -15.56% Feb 20, 2025 - Jul 10, 2025 | -22.91% Mar 22, 2022 - Mar 25, 2022 |
| #3 | -10.15% Jan 30, 2024 - Mar 21, 2024 | -12.51% Feb 8, 2021 - Mar 22, 2022 |
| #4 | -7.02% Jul 17, 2024 - Aug 29, 2024 | -2.35% Feb 3, 2021 - Feb 8, 2021 |
| #5 | -5.76% Mar 28, 2024 - Jun 6, 2024 | N/A |
| #6 | -4.80% Oct 9, 2024 - Jan 24, 2025 | N/A |
| #7 | -3.06% Jun 7, 2024 - Jul 2, 2024 | N/A |
| #8 | -2.70% Aug 30, 2024 - Sep 13, 2024 | N/A |
| #9 | -2.17% Mar 21, 2024 - Mar 28, 2024 | N/A |
| #10 | -2.17% Sep 18, 2024 - Oct 9, 2024 | N/A |
| #11 | -1.91% Jul 2, 2024 - Jul 17, 2024 | N/A |
| #12 | -1.45% Jan 27, 2025 - Feb 3, 2025 | N/A |
| #13 | -1.17% Jul 11, 2025 - Jul 16, 2025 | N/A |
| #14 | -0.46% Feb 3, 2025 - Feb 11, 2025 | N/A |
| #15 | -0.28% Jan 25, 2024 - Jan 30, 2024 | N/A |
Correlation
Correlation between NCDL and FRGE is -0.70 which considered as a strong negative correlation - the stocks tend to move in opposite directions.
-0.70
-101
Select Stocks to Compare
Popular: NCDL vs SPYFRGE vs SPY
More Comparisons
Compare with similar stocks