ADX vs. ARCC
Compare and contrast key facts about Adams Diversified Equity Fund, Inc. (ADX) and Ares Capital Corporation (ARCC).
ADX is managed by Adams Funds. It was launched on Jan 2, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ADX or ARCC.
Key characteristics
| ADX | ARCC | |
|---|---|---|
| YTD Return | 30.02% | 15.25% |
| 1Y Return | 41.62% | 20.64% |
| 3Y Return (Ann) | 11.66% | 11.19% |
| 5Y Return (Ann) | 16.60% | 13.32% |
| 10Y Return (Ann) | 13.83% | 13.09% |
| Sharpe Ratio | 3.02 | 1.81 |
| Sortino Ratio | 4.02 | 2.55 |
| Omega Ratio | 1.54 | 1.33 |
| Calmar Ratio | 4.56 | 2.96 |
| Martin Ratio | 16.69 | 12.55 |
| Ulcer Index | 2.54% | 1.64% |
| Daily Std Dev | 14.02% | 11.38% |
| Max Drawdown | -60.58% | -79.36% |
| Current Drawdown | -0.36% | -0.87% |
Correlation
The correlation between ADX and ARCC is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ADX vs. ARCC - Performance Comparison
In the year-to-date period, ADX achieves a 30.02% return, which is significantly higher than ARCC's 15.25% return. Over the past 10 years, ADX has outperformed ARCC with an annualized return of 13.83%, while ARCC has yielded a comparatively lower 13.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ADX vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Adams Diversified Equity Fund, Inc. (ADX) and Ares Capital Corporation (ARCC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ADX vs. ARCC - Dividend Comparison
ADX's dividend yield for the trailing twelve months is around 7.53%, less than ARCC's 8.92% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ADX Adams Diversified Equity Fund, Inc. | 7.53% | 7.34% | 7.36% | 1.13% | 5.96% | 9.00% | 15.85% | 9.18% | 1.57% | 1.17% | 8.63% | 6.43% |
ARCC Ares Capital Corporation | 8.92% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% | 8.84% |
Drawdowns
ADX vs. ARCC - Drawdown Comparison
The maximum ADX drawdown since its inception was -60.58%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for ADX and ARCC. For additional features, visit the drawdowns tool.
Volatility
ADX vs. ARCC - Volatility Comparison
Adams Diversified Equity Fund, Inc. (ADX) has a higher volatility of 3.74% compared to Ares Capital Corporation (ARCC) at 3.27%. This indicates that ADX's price experiences larger fluctuations and is considered to be riskier than ARCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.