HTGC Hercules Capital, Inc.

Last close: 16.16
504-day return: +4.06%
Median $/day: $19.5M
Relationships shown: 14

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

HTGC vs PBDC

Both indexed to 100 at 2026-05-11.

HTGC PBDC · range 96–117 · 2026-05-11 → 2026-11-06

Moves with HTGC

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

PBDC Putnam BDC Income ETF

ρ +0.82beyond mkt +0.71holdout +0.84stable 100%robust

OBDC Blue Owl Capital Corporation

ρ +0.71beyond mkt +0.57holdout +0.74stable 100%robust

ARCC Ares Capital Corporation Common Stock

ρ +0.71beyond mkt +0.56holdout +0.77stable 100%robust

MAIN Main Street Capital Corporation

ρ +0.71beyond mkt +0.55holdout +0.71stable 100%robust

GSBD Goldman Sachs BDC, Inc.

ρ +0.70beyond mkt +0.55holdout +0.71stable 100%robust

BBDC Barings BDC, Inc.

ρ +0.69beyond mkt +0.54holdout +0.75stable 100%robust

Moves against HTGC

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.31beyond mkt +0.02holdout -0.26stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.35beyond mkt +0.01holdout -0.24stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

BGH Barings Global Short Duration High Yield Fund

horizon 10dρ +0.60holdout +0.71stable 75%robust

PCF High Income Securities Fund

horizon 10dρ +0.55holdout +0.67stable 88%robust

TAIL Cambria Tail Risk ETF

horizon 10dρ -0.49holdout -0.28stable 62%moderate

ISD PGIM High Yield Bond Fund, Inc.

horizon 10dρ +0.46holdout +0.62stable 88%robust

RSST Return Stacked U.S. Stocks & Managed Futures ETF

horizon 10dρ +0.36holdout +0.32stable 88%robust

SNPS Synopsys, Inc. Common Stock

horizon 5dρ +0.31holdout +0.16stable 88%robust

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

ARQ Arq, Inc. Common Stock

Δ -0.63recent -0.33prior +0.30beyond mkt +0.03

GHM Graham Corporation

Δ -0.61recent -0.34prior +0.27beyond mkt -0.02

SXI Standex International Corporation

Δ -0.58recent -0.31prior +0.27beyond mkt -0.02

TAIL Cambria Tail Risk ETF

Δ +0.55recent +0.25prior -0.30beyond mkt -0.04

MTUS Metallus Inc.

Δ -0.53recent -0.23prior +0.30beyond mkt +0.00

ARBE Arbe Robotics Ltd. Ordinary Shares

Δ -0.53recent -0.23prior +0.30beyond mkt +0.05

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF	+0.47	+0.67	19
FSK FS KKR Capital Corp. Common Stock	+0.51	+0.67	25
OBDC Blue Owl Capital Corporation	+0.57	+0.71	26
ARCC Ares Capital Corporation Common Stock	+0.56	+0.71	26
SLRC SLR Investment Corp. Common Stock	+0.51	+0.68	26
BCSF Bain Capital Specialty Finance, Inc.	+0.51	+0.68	26