NHICU vs SPMC

Comparison between NewHold Investment Corp III - Units (1 Ord Cls A & 1/2 War) (NHICU, Company) and Sound Point Meridian Capital Inc (SPMC, Company).

NHICU vs SPMC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NHICU(COMPANY)	SPMC(COMPANY)
Market Cap	$210M	$209M
Max Drawdown	18.74%	61.74%
Sharpe Ratio	0.42	-1.04
5Y Beta	0.01	0.55
Industry	N/A	Asset Management
P/E Ratio	535.85	-1.32
Forward P/E	N/A	5.49
Dividend Yield	N/A	29.60%
Debt to Equity	0.00%	30.20%
Free Cash Flow Yield	-0.99%	25.91%
P/B Ratio	-37.17	N/A

Market Cap

Winner

NHICU

$210M

SPMC

$209M

Max Drawdown

Winner

NHICU

18.74%

SPMC

61.74%

Sharpe Ratio

Winner

NHICU

0.42

SPMC

-1.04

5Y Beta

Winner

NHICU

0.01

SPMC

0.55

Industry

NHICU

N/A

SPMC

Asset Management

P/E Ratio

NHICU

535.85

Winner

SPMC

-1.32

Forward P/E

NHICU

N/A

SPMC

5.49

Dividend Yield

NHICU

N/A

SPMC

29.60%

Debt to Equity

Winner

NHICU

0.00%

SPMC

30.20%

Free Cash Flow Yield

NHICU

-0.99%

Winner

SPMC

25.91%

P/B Ratio

NHICU

-37.17

SPMC

N/A

NHICU vs SPMC - Historical Returns

Returns include dividend reinvestment.

Period	NHICU	SPMC
1 month	-10.92%	+5.76%
3 months	+9.25%	+11.54%
6 months	+8.83%	-19.94%
1 year	+12.21%	-30.26%
Max(CAGR)	+10.92%	-13.73%

NHICU

-10.92%

Winner

SPMC

+5.76%

NHICU

+9.25%

Winner

SPMC

+11.54%

Winner

NHICU

+8.83%

SPMC

-19.94%

Winner

NHICU

+12.21%

SPMC

-30.26%

Max(CAGR)

Winner

NHICU

+10.92%

SPMC

-13.73%

NHICU vs SPMC - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	NHICU	SPMC
2026	+10.81%	-15.27%
2025	+4.29%	-21.50%
2024	N/A	+11.82%

NHICU vs SPMC Drawdown Comparison

The maximum drawdown for NHICU was -18.74%, occurring on Jul 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for SPMC was -52.81%, occurring on Mar 18, 2026. This drawdown has not yet recovered.

The current NHICU drawdown is -18.74%. The current SPMC drawdown is -39.46%.

Rank	NHICU	SPMC
#1	-18.74% Jun 8, 2026 - Jul 14, 2026	-52.81% Mar 5, 2025 - Mar 18, 2026
#2	-7.25% Jun 1, 2026 - Jun 8, 2026	-8.61% Feb 19, 2025 - Mar 5, 2025
#3	-4.91% Aug 19, 2025 - Apr 28, 2026	-5.93% Jul 26, 2024 - Aug 21, 2024
#4	-2.76% Jun 16, 2025 - Aug 19, 2025	-5.88% Aug 21, 2024 - Nov 8, 2024
#5	-0.50% Mar 27, 2025 - Apr 22, 2025	-5.44% Jan 6, 2025 - Feb 12, 2025
#6	-0.40% Apr 22, 2025 - Apr 29, 2025	-4.57% Nov 8, 2024 - Dec 12, 2024
#7	-0.22% Apr 29, 2025 - May 6, 2025	-4.19% Dec 16, 2024 - Jan 6, 2025
#8	-0.20% Mar 14, 2025 - Mar 27, 2025	-1.87% Feb 13, 2025 - Feb 19, 2025
#9	-0.19% Jun 11, 2025 - Jun 13, 2025	-1.26% Jul 23, 2024 - Jul 26, 2024
#10	-0.10% May 6, 2025 - May 21, 2025	-0.85% Jun 17, 2024 - Jul 23, 2024
#11	-0.10% Mar 5, 2025 - Mar 10, 2025	N/A
#12	-0.09% Mar 12, 2025 - Mar 14, 2025	N/A
#13	-0.05% Jun 4, 2025 - Jun 6, 2025	N/A

Correlation

Correlation between NHICU and SPMC is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

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