ARCC vs. BXSL
ARCC (Ares Capital Corporation) and BXSL (Blackstone Secured Lending Fund) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 3 years, ARCC returned 8.39%/yr vs 4.19%/yr for BXSL. Their 0.54 correlation means they have sometimes moved together and sometimes differently.
Performance
ARCC vs. BXSL - Performance Comparison
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Returns By Period
In the year-to-date period, ARCC achieves a -2.30% return, which is significantly higher than BXSL's -6.41% return.
ARCC
- 1D
- -0.37%
- 1M
- 0.16%
- 6M
- -0.63%
- YTD
- -2.30%
- 1Y
- -7.66%
- 3Y*
- 8.39%
- 5Y*
- 8.57%
- 10Y*
- 12.33%
- ALL TIME*
- 11.98%
BXSL
- 1D
- -0.26%
- 1M
- -2.82%
- 6M
- -3.96%
- YTD
- -6.41%
- 1Y
- -16.28%
- 3Y*
- 4.19%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.49%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.64M | $84.10M | $93.93M | |
| $37.14M | $38.04M | $43.29M |
ARCC vs. BXSL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | -2.30% | 1.07% | 19.78% | 20.03% | -3.84% | 0.28% |
BXSL Blackstone Secured Lending Fund | -6.41% | -9.36% | 29.02% | 37.82% | -26.03% | 32.04% |
Correlation
The correlation between ARCC and BXSL is 0.79, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.79 |
Correlation (3Y) Balances recent behavior with more history. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021 | 0.54 |
Over the past year, ARCC and BXSL have become more correlated (0.79) than their long-term average of 0.54, meaning their price movements have been converging.
Fundamentals
ARCC:
$13.47B
BXSL:
$5.37B
ARCC:
$1.35
BXSL:
$1.79
ARCC:
13.89
BXSL:
12.88
ARCC:
6.28
BXSL:
7.53
ARCC:
0.97
BXSL:
0.88
ARCC:
$2.13B
BXSL:
$706.98M
ARCC:
$1.36B
BXSL:
$831.73M
ARCC:
$1.26B
BXSL:
$525.53M
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Return for Risk
ARCC vs. BXSL — Risk / Return Rank
ARCC
BXSL
ARCC vs. BXSL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Capital Corporation (ARCC) and Blackstone Secured Lending Fund (BXSL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ARCC | BXSL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.37 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.88 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.86 | +0.36 |
| Martin ratioReturn relative to average drawdown | -0.91 | -1.25 | +0.34 |
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Drawdowns
ARCC vs. BXSL - Drawdown Comparison
The maximum ARCC drawdown since its inception was -79.36%, which is greater than BXSL's maximum drawdown of -36.80%. Use the drawdown chart below to compare losses from any high point for ARCC and BXSL.
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Drawdown Indicators
| ARCC | BXSL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.36% | -36.80% | -42.56% |
Max Drawdown (1Y)Largest decline over 1 year | -17.35% | -20.13% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -24.21% | +4.86% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.77% | — | — |
Current DrawdownCurrent decline from peak | -11.07% | -20.55% | +9.48% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -14.31% | +5.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.51% | 14.69% | -5.18% |
Volatility
ARCC vs. BXSL - Volatility Comparison
The current volatility for Ares Capital Corporation (ARCC) is 4.33%, while Blackstone Secured Lending Fund (BXSL) has a volatility of 5.25%. This indicates that ARCC experiences smaller price fluctuations and is considered to be less risky than BXSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARCC | BXSL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 5.25% | -0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 14.79% | 16.17% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.86% | 20.75% | -1.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.97% | 23.71% | -3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 23.71% | +1.87% |
Dividends
ARCC vs. BXSL - Dividend Comparison
ARCC's dividend yield for the trailing twelve months is around 10.23%, less than BXSL's 13.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.23% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
BXSL Blackstone Secured Lending Fund | 13.33% | 11.70% | 9.53% | 10.64% | 13.02% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ARCC vs. BXSL - Financials Comparison
This section allows you to compare key financial metrics between Ares Capital Corporation and Blackstone Secured Lending Fund. 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
Frequently Asked Questions
ARCC and BXSL have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BXSL has higher volatility (5.25%) compared to ARCC (4.33%). In terms of maximum drawdown, ARCC dropped -79.36% vs BXSL's -36.80%.
ARCC currently has the higher Sharpe Ratio (-0.46 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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