Total Return Securities Fund (SWZ) vs WhiteHorse Finance (WHF)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
WhiteHorse Finance is the larger company by market cap ($151.0 million vs $74.6 million), about 2.0 times the size. On valuation, Total Return Securities Fund trades at a lower trailing P/E (1.8x vs 9.0x for WhiteHorse Finance). WhiteHorse Finance pays a dividend yielding 16.15%, while Total Return Securities Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | SWZ | WHF |
|---|---|---|
| Share price | $5.75 | $7.03 |
| Market cap | $74.62M | $150.98M |
| 1-day change | -0.32% | +1.59% |
| YTD return | — | -0.43% |
| 1-year return | — | +1.17% |
| 5-year return | — | -56.40% |
| P/E ratio (TTM) | 1.84 | 9.01 |
| Forward P/E | — | 7.19 |
| EPS (TTM) | $3.12 | $0.78 |
| Dividend yield | 0.00% | 16.15% |
| Annual dividend | $0.00 | $1.14 |
| 52-week high | $6.31 | $7.84 |
| 52-week low | $5.68 | $6.07 |
| Distance from 52-week high | -8.85% | -10.33% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +11.38% |
| Average volume | 28.05K | 73.95K |
| Shares outstanding | 12.97M | 21.48M |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance Companies |
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
- WhiteHorse Finance is about 2.0 times larger than Total Return Securities Fund by market value ($150.98M vs $74.62M).
- WhiteHorse Finance trades at a higher earnings multiple (9.0x vs 1.8x trailing P/E).
- WhiteHorse Finance offers a meaningfully higher dividend yield (16.15% vs 0.00%).
About WhiteHorse Finance
WHF stock →WhiteHorse Finance, Inc. is business development company, non-diversified, closed end management company specializing in originating senior secured loans, lower middle market, growth capital industries.
Finance · Finance Companies
SWZ vs WHF FAQ
Which is bigger, Total Return Securities Fund or WhiteHorse Finance?
WhiteHorse Finance (WHF) is larger, with a market capitalization of $150.98M compared with $74.62M for Total Return Securities Fund (SWZ).
Which has the lower P/E ratio, SWZ or WHF?
SWZ has the lower trailing P/E at 1.8, versus 9.0 for WHF. 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, Total Return Securities Fund or WhiteHorse Finance?
WhiteHorse Finance pays a dividend yielding 16.15%, while Total Return Securities Fund does not currently pay a regular dividend.
Are Total Return Securities Fund and WhiteHorse Finance in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.