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TCPC vs HRZN

Comparison between BlackRock TCP Capital Corp (TCPC, Company) and Horizon Technology Finance Corp (HRZN, Company).

Both TCPC and HRZN are from the Financial Services sector.

5-Year PerformanceTCPC has outperformed HRZN, delivering a return of -10.3% compared to -12.1%

TCPC vs HRZN - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
Winner
TCPC
$294M
HRZN
$293M
Max Drawdown
TCPC
82.91%
Winner
HRZN
79.08%
Sharpe Ratio
TCPC
-0.90
Winner
HRZN
-0.60
5Y Beta
TCPC
0.78
Winner
HRZN
0.60
Industry
TCPC
Asset Management
HRZN
Asset Management
P/E Ratio
Winner
TCPC
-2.34
HRZN
11.27
Forward P/E
Winner
TCPC
7.72
HRZN
8.83
PEG Ratio
Winner
TCPC
-0.01
HRZN
1.91
Dividend Yield
Winner
TCPC
26.30%
HRZN
24.20%
5Y Dividends CAGR
TCPC
-0.51%
Winner
HRZN
0.66%
Debt to Equity
TCPC
163.83%
Winner
HRZN
96.39%
Free Cash Flow Yield
Winner
TCPC
88.90%
HRZN
34.64%
P/S Ratio
Winner
TCPC
1.56
HRZN
3.07
P/B Ratio
Winner
TCPC
0.48
HRZN
0.89

TCPC vs HRZN - Historical Returns

Returns include dividend reinvestment.

1M
Winner
TCPC
+28.44%
HRZN
+1.91%
3M
TCPC
-1.13%
Winner
HRZN
+8.72%
6M
Winner
TCPC
-7.03%
HRZN
-22.54%
1Y
TCPC
-29.11%
Winner
HRZN
-23.39%
5Y(CAGR)
Winner
TCPC
-10.32%
HRZN
-12.14%
10Y(CAGR)
TCPC
-1.47%
Winner
HRZN
+0.95%
Max(CAGR)
TCPC
+2.44%
Winner
HRZN
+3.57%

TCPC vs HRZN - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

YearTCPCHRZN
2026-18.59%-21.26%
2025-27.56%-15.46%
2024-12.65%-23.31%
2023+2.43%+25.85%
2022+5.01%-20.47%
2021+32.17%+31.35%
2020-8.06%+14.00%
2019+17.63%+25.22%
2018-6.11%+9.81%
2017-1.05%+18.26%
2016+30.31%-0.22%
2015-8.79%-4.75%
2014+9.94%+8.77%
2013+24.80%+3.10%
2012+8.99%+3.21%
2011N/A+18.15%
2010N/A-6.02%

TCPC vs HRZN Drawdown Comparison

The maximum drawdown for TCPC was -68.74%, occurring on Mar 18, 2020. Recovery took 257 trading sessions.

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

The current TCPC drawdown is -48.50%. The current HRZN drawdown is -52.33%.

RankTCPCHRZN
#1-68.74%
Feb 20, 2020 - Feb 26, 2021
-62.37%
Nov 15, 2021 - Apr 27, 2026
#2-60.78%
Jan 10, 2024 - Jul 23, 2026
-60.35%
Feb 20, 2020 - Oct 5, 2020
#3-25.96%
Aug 16, 2022 - Aug 4, 2023
-34.45%
May 27, 2015 - Jul 5, 2016
#4-22.34%
Jun 26, 2014 - Jun 30, 2016
-27.85%
Oct 13, 2016 - Aug 7, 2018
#5-16.63%
Aug 4, 2023 - Dec 14, 2023
-16.50%
Sep 19, 2012 - Jan 21, 2014
#6-15.32%
Apr 1, 2022 - Aug 11, 2022
-15.00%
Oct 16, 2018 - Nov 13, 2018
#7-13.49%
Oct 5, 2017 - Feb 22, 2019
-14.92%
Feb 18, 2014 - Jun 17, 2014
#8-10.77%
Jul 15, 2013 - Oct 17, 2013
-14.58%
Jul 21, 2011 - Aug 31, 2011
#9-10.14%
Feb 21, 2014 - Jun 13, 2014
-14.56%
Oct 15, 2020 - Dec 11, 2020
#10-9.55%
Jun 19, 2019 - Nov 7, 2019
-12.67%
Jun 27, 2014 - Feb 10, 2015
#11-7.80%
Oct 21, 2021 - Mar 3, 2022
-12.65%
Mar 11, 2019 - Nov 12, 2019
#12-7.64%
Sep 28, 2012 - Feb 28, 2013
-12.46%
Feb 24, 2021 - Apr 5, 2021
#13-7.12%
Mar 15, 2013 - May 20, 2013
-11.65%
Nov 15, 2018 - Jan 14, 2019
#14-6.90%
Jun 8, 2021 - Oct 21, 2021
-11.29%
Oct 29, 2010 - Jan 5, 2011
#15-6.82%
Mar 31, 2017 - Oct 5, 2017
-11.28%
Apr 16, 2021 - Jun 8, 2021

Correlation

Correlation between TCPC and HRZN is 0.88 which considered as a strong positive correlation - the stocks tend to move together.

0.88
-101

Dividend Comparison (2010 - 2026)

TCPC vs HRZN dividend yield comparison.

YearTCPCHRZN
20268.27%12.50%
202520.48%20.47%
202416.76%15.24%
202314.64%10.40%
20229.81%10.86%
20218.88%7.85%
202011.74%9.44%
201910.25%9.28%
201811.04%10.67%
20179.42%10.70%
20168.52%12.96%
201510.34%11.76%
20149.18%9.86%
20139.12%9.71%
20127.39%12.84%
20110.00%7.23%
20100.00%1.52%

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