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NMFC correlations (New Mountain Finance Corporation)

Which assets move with NMFC and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

19.7%

3y weekly

Beta vs S&P 500

0.53

3y weekly

1-year return

-16.1%

price, adjusted

5-year return

+1.4%

price, adjusted

Market cap

$0.7B

latest

Dividend yield

15.98%

trailing

Max drawdown

-30.6%

3y, daily closes

NMFC over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with NMFC

Asset		Correlation (3Y)
BDCZ	ETRACS MarketVector Business Development Companies Liquid	0.85
TCPC	BlackRock TCP Capital Corp. - Closed End Fund	0.78
ARCC	Ares Capital Corporation - Closed End Fund	0.78
FSK	FS KKR Capital Corp.	0.76
TSLX	Sixth Street Specialty Lending, Inc.	0.75

These are the assets whose returns had the least to do with NMFC's, historically the most independent picks in our universe.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.41
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.40
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.29

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/nmfc.json

Correlations, diversifiers, beta and volatility for NMFC, plus one endpoint per pair. API documentation.