SAR vs GAINL

Comparison between Saratoga Investment Corp (SAR, Company) and Gladstone Investment Corporation (GAINL, Company).

Both SAR and GAINL are from the Financial Services sector.

SAR vs GAINL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SAR(COMPANY)	GAINL(COMPANY)
Market Cap	$358M	$358M
Max Drawdown	94.01%	5.28%
Sharpe Ratio	0.26	-0.12
5Y Beta	0.52	0.04
Industry	Asset Management	Specialty Finance
P/E Ratio	9.57	N/A
Forward P/E	11.05	N/A
PEG Ratio	0.32	N/A
Dividend Yield	13.60%	7.78%
5Y Dividends CAGR	19.72%	N/A
Debt to Equity	186.64%	N/A
Free Cash Flow Yield	-24.56%	N/A
P/S Ratio	2.86	N/A
P/B Ratio	0.91	N/A

Market Cap

Winner

SAR

$358M

GAINL

$358M

Max Drawdown

SAR

94.01%

Winner

GAINL

5.28%

Sharpe Ratio

Winner

SAR

0.26

GAINL

-0.12

5Y Beta

SAR

0.52

Winner

GAINL

0.04

Industry

SAR

Asset Management

GAINL

Specialty Finance

P/E Ratio

SAR

9.57

GAINL

N/A

Forward P/E

SAR

11.05

GAINL

N/A

PEG Ratio

SAR

0.32

GAINL

N/A

Dividend Yield

Winner

SAR

13.60%

GAINL

7.78%

5Y Dividends CAGR

SAR

19.72%

GAINL

N/A

Debt to Equity

SAR

186.64%

GAINL

N/A

Free Cash Flow Yield

SAR

-24.56%

GAINL

N/A

P/S Ratio

SAR

2.86

GAINL

N/A

P/B Ratio

SAR

0.91

GAINL

N/A

SAR vs GAINL - Historical Returns

Returns include dividend reinvestment.

Period	SAR	GAINL
1 month	+0.52%	+0.00%
3 months	+5.69%	+0.00%
6 months	+4.51%	+0.00%
1 year	+5.97%	+2.84%
5 years(CAGR)	+8.73%	N/A
10 years(CAGR)	+13.95%	N/A
Max(CAGR)	+5.72%	+6.99%

Winner

SAR

+0.52%

GAINL

+0.00%

Winner

SAR

+5.69%

GAINL

+0.00%

Winner

SAR

+4.51%

GAINL

+0.00%

Winner

SAR

+5.97%

GAINL

+2.84%

5Y(CAGR)

SAR

+8.73%

GAINL

N/A

10Y(CAGR)

SAR

+13.95%

GAINL

N/A

Max(CAGR)

SAR

+5.72%

Winner

GAINL

+6.99%

SAR vs GAINL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	SAR	GAINL
2026	+4.51%	+0.00%
2025	+9.10%	+5.25%
2024	+6.50%	+8.63%
2023	+10.72%	+7.11%
2022	-4.08%	N/A
2021	+54.28%	N/A
2020	-10.77%	N/A
2019	+29.96%	N/A
2018	-2.27%	N/A
2017	+22.47%	N/A
2016	+48.92%	N/A
2015	+14.78%	N/A
2014	-3.24%	N/A
2013	+16.35%	N/A
2012	+56.12%	N/A
2011	-15.58%	N/A
2010	+26.49%	N/A
2009	+5.90%	N/A
2008	-67.73%	N/A
2007	-21.56%	N/A

SAR vs GAINL Drawdown Comparison

The maximum drawdown for SAR was -90.54%, occurring on Nov 24, 2008. Recovery took 2410 trading sessions.

The maximum drawdown for GAINL was -4.71%, occurring on Nov 17, 2025. This drawdown has not yet recovered.

The current SAR drawdown is -2.94%. The current GAINL drawdown is -4.26%.

Rank	SAR	GAINL
#1	-90.54% Jun 4, 2007 - Dec 27, 2016	-4.71% Nov 6, 2025 - Nov 17, 2025
#2	-69.89% Feb 14, 2020 - Apr 5, 2021	-2.65% Mar 15, 2024 - Jul 1, 2024
#3	-28.49% Jun 26, 2018 - Jul 26, 2019	-2.47% Apr 2, 2025 - May 6, 2025
#4	-25.99% Oct 6, 2021 - Jan 10, 2023	-2.24% May 14, 2025 - Jul 15, 2025
#5	-15.50% Feb 17, 2023 - May 24, 2023	-2.19% Sep 16, 2024 - Nov 15, 2024
#6	-15.19% Jun 1, 2023 - Oct 9, 2024	-1.84% Sep 19, 2023 - Oct 12, 2023
#7	-14.36% Apr 1, 2025 - May 6, 2025	-1.83% Jan 31, 2025 - Apr 1, 2025
#8	-13.85% Sep 2, 2025 - Feb 2, 2026	-1.76% Nov 29, 2024 - Jan 8, 2025
#9	-13.25% Jan 10, 2018 - May 15, 2018	-1.23% Aug 26, 2024 - Sep 9, 2024
#10	-12.48% Mar 13, 2017 - Oct 23, 2017	-1.12% Aug 1, 2024 - Aug 23, 2024
#11	-11.73% Mar 4, 2026 - May 1, 2026	-1.04% Nov 15, 2024 - Nov 29, 2024
#12	-8.61% May 6, 2025 - May 27, 2025	-1.02% Oct 13, 2023 - Nov 3, 2023
#13	-7.64% May 4, 2026 - May 11, 2026	-1.01% Aug 7, 2025 - Sep 12, 2025
#14	-7.37% Feb 28, 2025 - Mar 27, 2025	-0.99% Nov 8, 2023 - Nov 30, 2023
#15	-7.20% Mar 27, 2007 - May 29, 2007	-0.98% Jul 17, 2025 - Aug 7, 2025

Correlation

Correlation between SAR and GAINL is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (2007 - 2026)

SAR vs GAINL dividend yield comparison.

Year	SAR	GAINL
2026	9.43%	0.00%
2025	14.04%	7.93%
2024	13.80%	7.75%
2023	10.90%	3.90%
2022	11.02%	0.00%
2021	6.16%	0.00%
2020	6.57%	0.00%
2019	6.61%	0.00%
2018	10.35%	0.00%
2017	10.51%	0.00%
2016	9.12%	0.00%
2015	14.14%	0.00%
2014	1.21%	0.00%
2013	16.93%	0.00%
2012	27.60%	0.00%
2011	24.29%	0.00%
2010	25.36%	0.00%
2009	103.69%	0.00%
2008	62.99%	0.00%
2007	9.66%	0.00%