ARCC vs. ARDC
Compare and contrast key facts about Ares Capital Corporation (ARCC) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC).
Performance
ARCC vs. ARDC - Performance Comparison
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ARCC vs. ARDC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | -8.49% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
ARDC Ares Dynamic Credit Allocation Fund, Inc. | -6.14% | -3.10% | 21.05% | 32.35% | -22.21% | 23.12% | 2.56% | 21.26% | -8.80% | 17.63% |
Fundamentals
ARCC:
$12.60B
ARDC:
$291.43M
ARCC:
$1.64
ARDC:
$2.52
ARCC:
11.00
ARDC:
4.82
ARCC:
1.65
ARDC:
0.05
ARCC:
6.71
ARDC:
3.32
ARCC:
0.88
ARDC:
0.85
ARCC:
$1.88B
ARDC:
$87.73M
ARCC:
$1.18B
ARDC:
$56.87M
ARCC:
$1.08B
ARDC:
$82.14M
Returns By Period
In the year-to-date period, ARCC achieves a -8.49% return, which is significantly lower than ARDC's -6.14% return. Over the past 10 years, ARCC has outperformed ARDC with an annualized return of 11.92%, while ARDC has yielded a comparatively lower 8.37% annualized return.
ARCC
- 1D
- 1.58%
- 1M
- -0.58%
- YTD
- -8.49%
- 6M
- -7.16%
- 1Y
- -10.69%
- 3Y*
- 9.35%
- 5Y*
- 8.75%
- 10Y*
- 11.92%
ARDC
- 1D
- 2.70%
- 1M
- -3.27%
- YTD
- -6.14%
- 6M
- -9.00%
- 1Y
- -4.89%
- 3Y*
- 11.17%
- 5Y*
- 5.31%
- 10Y*
- 8.37%
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Return for Risk
ARCC vs. ARDC — Risk / Return Rank
ARCC
ARDC
ARCC vs. ARDC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Capital Corporation (ARCC) and Ares Dynamic Credit Allocation Fund, Inc. (ARDC). 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.
| ARCC | ARDC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.46 | -0.34 | -0.12 |
Sortino ratioReturn per unit of downside risk | -0.51 | -0.34 | -0.16 |
Omega ratioGain probability vs. loss probability | 0.93 | 0.94 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | -0.54 | -0.31 | -0.23 |
Martin ratioReturn relative to average drawdown | -1.12 | -0.77 | -0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARCC | ARDC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.46 | -0.34 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.39 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.50 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.34 | +0.03 |
Correlation
The correlation between ARCC and ARDC is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
ARCC vs. ARDC - Dividend Comparison
ARCC's dividend yield for the trailing twelve months is around 10.65%, less than ARDC's 11.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.65% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
ARDC Ares Dynamic Credit Allocation Fund, Inc. | 11.10% | 10.19% | 9.33% | 9.85% | 10.31% | 7.16% | 8.40% | 8.40% | 9.35% | 7.58% | 8.45% | 10.51% |
Drawdowns
ARCC vs. ARDC - Drawdown Comparison
The maximum ARCC drawdown since its inception was -79.36%, which is greater than ARDC's maximum drawdown of -45.40%. Use the drawdown chart below to compare losses from any high point for ARCC and ARDC.
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Drawdown Indicators
| ARCC | ARDC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.36% | -45.40% | -33.96% |
Max Drawdown (1Y)Largest decline over 1 year | -19.35% | -15.57% | -3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -26.48% | +4.72% |
Max Drawdown (10Y)Largest decline over 10 years | -56.77% | -45.40% | -11.37% |
Current DrawdownCurrent decline from peak | -16.71% | -13.29% | -3.42% |
Average DrawdownAverage peak-to-trough decline | -9.07% | -6.60% | -2.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.33% | 6.36% | +2.97% |
Volatility
ARCC vs. ARDC - Volatility Comparison
Ares Capital Corporation (ARCC) has a higher volatility of 6.61% compared to Ares Dynamic Credit Allocation Fund, Inc. (ARDC) at 4.94%. This indicates that ARCC's price experiences larger fluctuations and is considered to be riskier than ARDC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARCC | ARDC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.61% | 4.94% | +1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 15.16% | 7.42% | +7.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.48% | 14.48% | +9.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.88% | 13.73% | +6.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.53% | 16.85% | +8.68% |
Financials
ARCC vs. ARDC - Financials Comparison
This section allows you to compare key financial metrics between Ares Capital Corporation and Ares Dynamic Credit Allocation Fund, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ARCC vs. ARDC - Profitability Comparison
ARCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ares Capital Corporation reported a gross profit of 43.48M and revenue of 202.00M. Therefore, the gross margin over that period was 21.5%.
ARDC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ares Dynamic Credit Allocation Fund, Inc. reported a gross profit of 21.10M and revenue of 24.48M. Therefore, the gross margin over that period was 86.2%.
ARCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ares Capital Corporation reported an operating income of 26.85M and revenue of 202.00M, resulting in an operating margin of 13.3%.
ARDC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ares Dynamic Credit Allocation Fund, Inc. reported an operating income of 15.45M and revenue of 24.48M, resulting in an operating margin of 63.1%.
ARCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ares Capital Corporation reported a net income of 142.36M and revenue of 202.00M, resulting in a net margin of 70.5%.
ARDC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ares Dynamic Credit Allocation Fund, Inc. reported a net income of 10.23M and revenue of 24.48M, resulting in a net margin of 41.8%.