SPMC vs NHICU

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

SPMC vs NHICU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Market Cap

SPMC

$209M

Winner

NHICU

$210M

Max Drawdown

SPMC

61.74%

Winner

NHICU

18.74%

Sharpe Ratio

SPMC

-1.04

Winner

NHICU

0.42

5Y Beta

SPMC

0.55

Winner

NHICU

0.01

Industry

SPMC

Asset Management

NHICU

N/A

P/E Ratio

Winner

SPMC

-1.32

NHICU

535.85

Forward P/E

SPMC

5.49

NHICU

N/A

Dividend Yield

SPMC

29.60%

NHICU

N/A

Debt to Equity

SPMC

30.20%

Winner

NHICU

0.00%

Free Cash Flow Yield

Winner

SPMC

25.91%

NHICU

-0.99%

P/B Ratio

SPMC

N/A

NHICU

-37.17

SPMC vs NHICU - Historical Returns

Returns include dividend reinvestment.

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

Winner

SPMC

+5.76%

NHICU

-10.92%

Winner

SPMC

+11.54%

NHICU

+9.25%

SPMC

-19.94%

Winner

NHICU

+8.83%

SPMC

-30.26%

Winner

NHICU

+12.21%

Max(CAGR)

SPMC

-13.73%

Winner

NHICU

+10.92%

SPMC vs NHICU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

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

SPMC vs NHICU Drawdown Comparison

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

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

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

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

Correlation

Correlation between SPMC and NHICU 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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