PRA vs MSDL

Comparison between ProAssurance Corporation (PRA, Company) and Morgan Stanley Direct Lending Fund (MSDL, Company).

Both PRA and MSDL are from the Financial Services sector.

PRA vs MSDL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PRA(COMPANY)	MSDL(COMPANY)
Market Cap	$1.29B	$1.29B
Max Drawdown	82.71%	42.73%
Sharpe Ratio	0.87	-0.20
5Y Beta	N/A	0.56
Industry	Insurance - Property & Casualty	Asset Management
P/E Ratio	49.44	22.06
Forward P/E	16.86	8.08
Dividend Yield	N/A	12.80%
5Y Dividends CAGR	-49.75%	N/A
5Y EPS CAGR	-23.40%	N/A
Debt to Equity	31.32%	120.27%
Free Cash Flow Yield	-2.74%	21.94%

Market Cap

PRA

$1.29B

Winner

MSDL

$1.29B

Max Drawdown

PRA

82.71%

Winner

MSDL

42.73%

Sharpe Ratio

Winner

PRA

0.87

MSDL

-0.20

5Y Beta

PRA

N/A

MSDL

0.56

Industry

PRA

Insurance - Property & Casualty

MSDL

Asset Management

P/E Ratio

PRA

49.44

Winner

MSDL

22.06

Forward P/E

PRA

16.86

Winner

MSDL

8.08

Dividend Yield

PRA

N/A

MSDL

12.80%

5Y Dividends CAGR

PRA

-49.75%

MSDL

N/A

5Y EPS CAGR

PRA

-23.40%

MSDL

N/A

Debt to Equity

Winner

PRA

31.32%

MSDL

120.27%

Free Cash Flow Yield

PRA

-2.74%

Winner

MSDL

21.94%

PRA vs MSDL - Historical Returns

Returns include dividend reinvestment.

Period	PRA	MSDL
1 month	+4.25%	+0.78%
3 months	+1.63%	+6.04%
6 months	+4.08%	+4.81%
1 year	+8.84%	-0.94%
5 years(CAGR)	+2.47%	N/A
10 years(CAGR)	-4.27%	N/A
Max(CAGR)	+5.20%	-0.21%

Winner

PRA

+4.25%

MSDL

+0.78%

PRA

+1.63%

Winner

MSDL

+6.04%

PRA

+4.08%

Winner

MSDL

+4.81%

Winner

PRA

+8.84%

MSDL

-0.94%

5Y(CAGR)

PRA

+2.47%

MSDL

N/A

10Y(CAGR)

PRA

-4.27%

MSDL

N/A

Max(CAGR)

Winner

PRA

+5.20%

MSDL

-0.21%

PRA vs MSDL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PRA	MSDL
2026	+4.08%	+0.55%
2025	+53.79%	-11.88%
2024	+15.29%	+11.06%
2023	-21.38%	N/A
2022	-29.67%	N/A
2021	+40.48%	N/A
2020	-49.97%	N/A
2019	-5.85%	N/A
2018	-24.21%	N/A
2017	+12.84%	N/A
2016	+30.15%	N/A
2015	+12.83%	N/A
2014	+3.46%	N/A
2013	+13.66%	N/A
2012	+10.78%	N/A
2011	+30.98%	N/A
2010	+11.62%	N/A
2009	+4.62%	N/A
2008	-2.24%	N/A
2007	+9.34%	N/A
2006	+1.98%	N/A
2005	+24.65%	N/A
2004	+21.76%	N/A
2003	+53.31%	N/A
2002	+23.67%	N/A
2001	+9.87%	N/A
2000	-16.80%	N/A
1999	-7.52%	N/A

PRA vs MSDL Drawdown Comparison

The maximum drawdown for PRA was -78.82%, occurring on Jul 9, 2024. This drawdown has not yet recovered.

The maximum drawdown for MSDL was -29.56%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The current PRA drawdown is -51.39%. The current MSDL drawdown is -16.79%.

Rank	PRA	MSDL
#1	-78.82% Dec 18, 2017 - Jul 9, 2024	-29.56% Jun 21, 2024 - Mar 27, 2026
#2	-56.88% Nov 8, 1999 - Mar 21, 2003	-6.13% May 9, 2024 - Jun 21, 2024
#3	-37.30% Sep 19, 2008 - Apr 28, 2011	-6.08% Mar 27, 2024 - May 6, 2024
#4	-22.34% Jul 22, 2013 - Aug 14, 2015	-4.94% Jan 25, 2024 - Mar 14, 2024
#5	-22.23% Feb 1, 2008 - Sep 18, 2008	-4.15% Mar 20, 2024 - Mar 22, 2024
#6	-19.67% Jun 27, 2003 - Oct 29, 2003	-2.76% Mar 22, 2024 - Mar 26, 2024
#7	-19.29% May 11, 2004 - Nov 9, 2004	-2.37% May 6, 2024 - May 8, 2024
#8	-17.43% Apr 27, 2017 - Nov 30, 2017	-1.63% Mar 15, 2024 - Mar 20, 2024
#9	-15.03% Jun 4, 2007 - Jan 23, 2008	N/A
#10	-13.41% Mar 29, 2006 - Apr 13, 2007	N/A
#11	-12.65% Mar 4, 2005 - Jul 5, 2005	N/A
#12	-12.09% Jan 20, 2004 - Mar 1, 2004	N/A
#13	-11.13% Oct 29, 2015 - May 27, 2016	N/A
#14	-8.80% Dec 17, 2004 - Mar 1, 2005	N/A
#15	-8.70% Jul 21, 2011 - Aug 30, 2011	N/A

Correlation

Correlation between PRA and MSDL is -0.52 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.52

-101

Dividend Comparison (2011 - 2026)

PRA vs MSDL dividend yield comparison.

Year	PRA	MSDL
2026	0.00%	5.78%
2025	0.00%	12.14%
2024	0.00%	10.65%
2023	0.36%	0.00%
2022	1.14%	0.00%
2021	0.79%	0.00%
2020	2.59%	0.00%
2019	3.43%	0.00%
2018	4.29%	0.00%
2017	10.38%	0.00%
2016	10.55%	0.00%
2015	4.62%	0.00%
2014	8.55%	0.00%
2013	2.17%	0.00%
2012	4.15%	0.00%
2011	0.63%	0.00%