NEN vs HRZN

Comparison between New England Realty Associates LP (NEN, Company) and Horizon Technology Finance Corp (HRZN, Company).

NEN is from the Real Estate sector, while HRZN is from the Financial Services sector.

5-Year PerformanceNEN has outperformed HRZN, delivering a return of +2.3% compared to -12.4%

NEN vs HRZN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NEN(COMPANY)	HRZN(COMPANY)
Market Cap	$202M	$202M
Max Drawdown	50.38%	79.08%
Sharpe Ratio	-1.16	-0.50
5Y Beta	0.05	0.60
Industry	Real Estate Services	Asset Management
P/E Ratio	-120.31	9.37
Forward P/E	23.58	8.40
Dividend Yield	2.74%	29.10%
5Y Dividends CAGR	0.00%	3.45%
5Y EPS CAGR	49.47%	N/A
Debt to Equity	-668.42%	133.94%
Free Cash Flow Yield	-48.16%	13.71%

Market Cap

Winner

NEN

$202M

HRZN

$202M

Max Drawdown

Winner

NEN

50.38%

HRZN

79.08%

Sharpe Ratio

NEN

-1.16

Winner

HRZN

-0.50

5Y Beta

Winner

NEN

0.05

HRZN

0.60

Industry

NEN

Real Estate Services

HRZN

Asset Management

P/E Ratio

Winner

NEN

-120.31

HRZN

9.37

Forward P/E

NEN

23.58

Winner

HRZN

8.40

Dividend Yield

NEN

2.74%

Winner

HRZN

29.10%

5Y Dividends CAGR

NEN

0.00%

Winner

HRZN

3.45%

5Y EPS CAGR

NEN

49.47%

HRZN

N/A

Debt to Equity

Winner

NEN

-668.42%

HRZN

133.94%

Free Cash Flow Yield

NEN

-48.16%

Winner

HRZN

13.71%

NEN vs HRZN - Historical Returns

Returns include dividend reinvestment.

Period	NEN	HRZN
1 month	-1.01%	+15.72%
3 months	-5.14%	+11.59%
6 months	-7.92%	-20.75%
1 year	-18.51%	-24.67%
5 years(CAGR)	+2.26%	-12.38%
10 years(CAGR)	+3.42%	+2.15%
Max(CAGR)	+14.99%	+3.40%

NEN

-1.01%

Winner

HRZN

+15.72%

NEN

-5.14%

Winner

HRZN

+11.59%

Winner

NEN

-7.92%

HRZN

-20.75%

Winner

NEN

-18.51%

HRZN

-24.67%

5Y(CAGR)

Winner

NEN

+2.26%

HRZN

-12.38%

10Y(CAGR)

Winner

NEN

+3.42%

HRZN

+2.15%

Max(CAGR)

Winner

NEN

+14.99%

HRZN

+3.40%

NEN vs HRZN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	NEN	HRZN
2026	-8.85%	-23.62%
2025	-17.03%	-15.46%
2024	+24.04%	-23.31%
2023	+2.06%	+25.85%
2022	+6.31%	-20.47%
2021	+38.51%	+31.35%
2020	-16.64%	+14.00%
2019	+14.31%	+25.22%
2018	-20.85%	+9.81%
2017	+26.01%	+18.26%
2016	+24.41%	-0.22%
2015	+6.77%	-4.75%
2014	+10.60%	+8.77%
2013	+56.87%	+3.10%
2012	+29.58%	+3.21%
2011	+10.76%	+18.15%
2010	+26.37%	-6.02%
2009	+0.12%	N/A
2008	-19.22%	N/A
2007	-11.69%	N/A
2006	+7.73%	N/A
2005	-4.74%	N/A
2004	+67.23%	N/A
2003	+38.92%	N/A
2002	+47.77%	N/A
2001	+80.88%	N/A
2000	+68.13%	N/A
1999	-3.30%	N/A

NEN vs HRZN Drawdown Comparison

The maximum drawdown for NEN was -44.21%, occurring on Mar 9, 2009. Recovery took 1234 trading sessions.

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

The current NEN drawdown is -26.66%. The current HRZN drawdown is -53.76%.

Rank	NEN	HRZN
#1	-44.21% Feb 16, 2007 - Jan 10, 2012	-62.37% Nov 15, 2021 - Apr 27, 2026
#2	-41.90% Nov 8, 2017 - Dec 23, 2021	-60.35% Feb 20, 2020 - Oct 5, 2020
#3	-29.11% Jun 7, 2002 - Mar 24, 2003	-34.45% May 27, 2015 - Jul 5, 2016
#4	-28.42% Mar 31, 2025 - Apr 7, 2026	-27.85% Oct 13, 2016 - Aug 7, 2018
#5	-27.38% Oct 2, 2000 - Jan 23, 2001	-16.50% Sep 19, 2012 - Jan 21, 2014
#6	-27.22% Feb 14, 2005 - Feb 15, 2007	-15.00% Oct 16, 2018 - Nov 13, 2018
#7	-22.66% Aug 20, 2001 - Feb 20, 2002	-14.92% Feb 18, 2014 - Jun 17, 2014
#8	-20.83% Jan 23, 2001 - May 29, 2001	-14.58% Jul 21, 2011 - Aug 31, 2011
#9	-20.00% Feb 9, 2000 - Mar 20, 2000	-14.56% Oct 15, 2020 - Dec 11, 2020
#10	-18.28% Jul 12, 2001 - Aug 3, 2001	-12.67% Jun 27, 2014 - Feb 10, 2015
#11	-18.02% Apr 14, 2022 - Aug 22, 2024	-12.65% Mar 11, 2019 - Nov 12, 2019
#12	-15.95% Nov 6, 2003 - Jun 9, 2004	-12.46% Feb 24, 2021 - Apr 5, 2021
#13	-12.85% Mar 20, 2000 - May 19, 2000	-11.65% Nov 15, 2018 - Jan 14, 2019
#14	-11.96% Feb 12, 2013 - Mar 27, 2013	-11.29% Oct 29, 2010 - Jan 5, 2011
#15	-11.87% Aug 17, 2016 - Mar 23, 2017	-11.28% Apr 16, 2021 - Jun 8, 2021

Correlation

Correlation between NEN and HRZN is 0.74 which considered as a strong positive correlation - the stocks tend to move together.

0.74

-101

Dividend Comparison (2000 - 2026)

NEN vs HRZN dividend yield comparison.

Year	NEN	HRZN
2026	1.38%	20.87%
2025	7.44%	20.47%
2024	3.87%	15.24%
2023	4.02%	10.40%
2022	3.61%	10.86%
2021	1.89%	7.85%
2020	2.55%	9.44%
2019	2.06%	9.28%
2018	2.14%	10.67%
2017	2.92%	10.70%
2016	2.96%	12.96%
2015	1.97%	11.76%
2014	2.05%	9.86%
2013	2.25%	9.71%
2012	3.37%	12.84%
2011	3.93%	7.23%
2010	4.24%	1.52%
2009	5.33%	0.00%
2008	5.16%	0.00%
2007	4.08%	0.00%
2006	3.41%	0.00%
2005	3.50%	0.00%
2004	3.07%	0.00%
2003	5.39%	0.00%
2002	6.15%	0.00%
2001	3.70%	0.00%
2000	6.20%	0.00%