MetaCap

ASA Gold and Precious Metals (ASA) vs Oaktree Specialty Lending (OCSL)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

ASA Gold and Precious Metals (ASA) has outperformed Oaktree Specialty Lending (OCSL) over the past year, gaining 17.6% versus a loss of 7.5%. Over five years, ASA leads with a +160.9% price change compared with -47.3% for OCSL. Oaktree Specialty Lending is the larger company by market cap ($1.04 billion vs $1.03 billion), about 1.0 times the size.

On valuation, ASA Gold and Precious Metals trades at a lower trailing P/E (1.5x vs 24.5x for Oaktree Specialty Lending). Oaktree Specialty Lending offers the higher dividend yield (12.75% vs 0.13%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

ASA+17.58%OCSL-7.47%
+79%+30%-19%
Oct 7, 20251 yearOct 7, 2026
ASA+175.41%OCSL-46.21%
+327%+130%-67%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

ASA versus OCSL key metrics
MetricASAOCSL
Share price$55.99$11.77
Market cap$1.03B$1.04B
1-day change+2.21%+0.99%
YTD return-8.20%-8.56%
1-year return+17.58%-7.47%
5-year return+160.86%-47.31%
P/E ratio (TTM)1.4624.51
Forward P/E—8.64
EPS (TTM)$38.47$0.48
Dividend yield0.13%12.75%
Annual dividend$0.07$1.50
52-week high$83.20$14.31
52-week low$43.20$10.63
Distance from 52-week high-32.70%-17.78%
Analyst consensus—none
Avg. price target upside—+6.25%
Average volume53.69K492.67K
Shares outstanding18.36M88.09M
SectorIndustrialsFinance
IndustryPrecious MetalsFinance: Consumer Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • ASA has outperformed OCSL by 25.0 percentage points over the past year.
  • Oaktree Specialty Lending trades at a higher earnings multiple (24.5x vs 1.5x trailing P/E).
  • Oaktree Specialty Lending offers a meaningfully higher dividend yield (12.75% vs 0.13%).
  • The two companies sit in different sectors: ASA Gold and Precious Metals in Industrials and Oaktree Specialty Lending in Finance.

About ASA Gold and Precious Metals

ASA stock →

ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe.

Industrials · Precious Metals

About Oaktree Specialty Lending

OCSL stock →

Oaktree Specialty Lending Corporation is a business development company. The fund specializing in investments in middle market, bridge financing, first and second lien debt financing, unsecured and mezzanine loan, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, preferred equity, and management buyouts in small and mid-sized companies.

Finance · Finance: Consumer Services

ASA vs OCSL FAQ

Which is bigger, ASA Gold and Precious Metals or Oaktree Specialty Lending?

Oaktree Specialty Lending (OCSL) is larger, with a market capitalization of $1.04B compared with $1.03B for ASA Gold and Precious Metals (ASA).

Which stock has performed better over the past year, ASA or OCSL?

ASA returned +17.58% over the past 12 months, compared with -7.47% for OCSL (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, ASA or OCSL?

ASA has the lower trailing P/E at 1.5, versus 24.5 for OCSL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, ASA Gold and Precious Metals or Oaktree Specialty Lending?

Oaktree Specialty Lending has the higher yield at 12.75%, compared with 0.13% for ASA Gold and Precious Metals.

Are ASA Gold and Precious Metals and Oaktree Specialty Lending in the same industry?

No. ASA Gold and Precious Metals is in the Industrials sector, while Oaktree Specialty Lending is in Finance.

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