NHIC vs HRZN

Comparison between NewHold Investment Corp III - Class A (NHIC, Company) and Horizon Technology Finance Corp (HRZN, Company).

NHIC vs HRZN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NHIC(COMPANY)	HRZN(COMPANY)
Market Cap	$202M	$202M
Max Drawdown	4.72%	79.08%
Sharpe Ratio	0.64	-0.50
5Y Beta	0.06	0.60
Industry	N/A	Asset Management
P/E Ratio	516.42	9.37
Forward P/E	N/A	8.40
Dividend Yield	N/A	29.10%
5Y Dividends CAGR	N/A	3.45%
Debt to Equity	0.00%	133.94%
Free Cash Flow Yield	-1.02%	13.71%
P/B Ratio	-35.83	N/A

Market Cap

NHIC

$202M

Winner

HRZN

$202M

Max Drawdown

Winner

NHIC

4.72%

HRZN

79.08%

Sharpe Ratio

Winner

NHIC

0.64

HRZN

-0.50

5Y Beta

Winner

NHIC

0.06

HRZN

0.60

Industry

NHIC

N/A

HRZN

Asset Management

P/E Ratio

NHIC

516.42

Winner

HRZN

9.37

Forward P/E

NHIC

N/A

HRZN

8.40

Dividend Yield

NHIC

N/A

HRZN

29.10%

5Y Dividends CAGR

NHIC

N/A

HRZN

3.45%

Debt to Equity

Winner

NHIC

0.00%

HRZN

133.94%

Free Cash Flow Yield

NHIC

-1.02%

Winner

HRZN

13.71%

P/B Ratio

NHIC

-35.83

HRZN

N/A

NHIC vs HRZN - Historical Returns

Returns include dividend reinvestment.

Period	NHIC	HRZN
1 month	+3.80%	+15.72%
3 months	+5.30%	+11.59%
6 months	+5.50%	-20.75%
1 year	+7.10%	-24.67%
5 years(CAGR)	N/A	-12.38%
10 years(CAGR)	N/A	+2.15%
Max(CAGR)	+8.55%	+3.40%

NHIC

+3.80%

Winner

HRZN

+15.72%

NHIC

+5.30%

Winner

HRZN

+11.59%

Winner

NHIC

+5.50%

HRZN

-20.75%

Winner

NHIC

+7.10%

HRZN

-24.67%

5Y(CAGR)

NHIC

N/A

HRZN

-12.38%

10Y(CAGR)

NHIC

N/A

HRZN

+2.15%

Max(CAGR)

Winner

NHIC

+8.55%

HRZN

+3.40%

NHIC vs HRZN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	NHIC	HRZN
2026	+5.50%	-23.62%
2025	+4.38%	-15.46%
2024	N/A	-23.31%
2023	N/A	+25.85%
2022	N/A	-20.47%
2021	N/A	+31.35%
2020	N/A	+14.00%
2019	N/A	+25.22%
2018	N/A	+9.81%
2017	N/A	+18.26%
2016	N/A	-0.22%
2015	N/A	-4.75%
2014	N/A	+8.77%
2013	N/A	+3.10%
2012	N/A	+3.21%
2011	N/A	+18.15%
2010	N/A	-6.02%

NHIC vs HRZN Drawdown Comparison

The maximum drawdown for NHIC was -4.72%, occurring on Jun 10, 2026. This drawdown has not yet recovered.

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

The current NHIC drawdown is -4.46%. The current HRZN drawdown is -53.76%.

Rank	NHIC	HRZN
#1	-4.72% Jun 1, 2026 - Jun 10, 2026	-62.37% Nov 15, 2021 - Apr 27, 2026
#2	-0.96% Feb 2, 2026 - Apr 27, 2026	-60.35% Feb 20, 2020 - Oct 5, 2020
#3	-0.68% Jun 20, 2025 - Oct 13, 2025	-34.45% May 27, 2015 - Jul 5, 2016
#4	-0.57% May 4, 2026 - May 26, 2026	-27.85% Oct 13, 2016 - Aug 7, 2018
#5	-0.48% Oct 27, 2025 - Nov 11, 2025	-16.50% Sep 19, 2012 - Jan 21, 2014
#6	-0.47% Apr 28, 2026 - May 4, 2026	-15.00% Oct 16, 2018 - Nov 13, 2018
#7	-0.46% May 12, 2025 - Jun 4, 2025	-14.92% Feb 18, 2014 - Jun 17, 2014
#8	-0.39% Nov 11, 2025 - Dec 8, 2025	-14.58% Jul 21, 2011 - Aug 31, 2011
#9	-0.29% Dec 8, 2025 - Jan 22, 2026	-14.56% Oct 15, 2020 - Dec 11, 2020
#10	-0.10% Jun 13, 2025 - Jun 18, 2025	-12.67% Jun 27, 2014 - Feb 10, 2015
#11	-0.10% Jan 22, 2026 - Feb 2, 2026	-12.65% Mar 11, 2019 - Nov 12, 2019
#12	-0.05% Jun 9, 2025 - Jun 11, 2025	-12.46% Feb 24, 2021 - Apr 5, 2021
#13	N/A	-11.65% Nov 15, 2018 - Jan 14, 2019
#14	N/A	-11.29% Oct 29, 2010 - Jan 5, 2011
#15	N/A	-11.28% Apr 16, 2021 - Jun 8, 2021

Correlation

Correlation between NHIC and HRZN is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101