ARCC vs. RJF
ARCC (Ares Capital Corporation) and RJF (Raymond James Financial, Inc.) are both stocks. Both are in the Financial Services sector — ARCC in Asset Management, RJF in Capital Markets. Over the past 10 years, ARCC returned 13.20%/yr vs 17.98%/yr for RJF. At a 0.50 correlation, their price movements are largely independent.
Performance
ARCC vs. RJF - Performance Comparison
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Returns By Period
In the year-to-date period, ARCC achieves a -2.20% return, which is significantly higher than RJF's -3.17% return. Over the past 10 years, ARCC has underperformed RJF with an annualized return of 13.20%, while RJF has yielded a comparatively higher 17.98% annualized return.
ARCC
- 1D
- 1.00%
- 1M
- 1.90%
- YTD
- -2.20%
- 6M
- -2.87%
- 1Y
- -3.87%
- 3Y*
- 10.27%
- 5Y*
- 9.04%
- 10Y*
- 13.20%
RJF
- 1D
- 2.65%
- 1M
- -0.75%
- YTD
- -3.17%
- 6M
- -5.10%
- 1Y
- 7.45%
- 3Y*
- 18.32%
- 5Y*
- 13.66%
- 10Y*
- 17.98%
ARCC vs. RJF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | -2.20% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
RJF Raymond James Financial, Inc. | -3.17% | 4.74% | 40.83% | 6.12% | 8.32% | 59.48% | 8.70% | 22.80% | -15.65% | 29.99% |
Correlation
The correlation between ARCC and RJF is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004 | 0.50 |
Fundamentals
ARCC:
$13.83B
RJF:
$30.93B
ARCC:
$1.63
RJF:
$10.55
ARCC:
11.81
RJF:
14.63
ARCC:
1.77
RJF:
1.25
ARCC:
5.16
RJF:
1.92
ARCC:
$2.63B
RJF:
$16.35B
ARCC:
$1.86B
RJF:
$6.99B
ARCC:
$2.05B
RJF:
$1.40B
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Return for Risk
ARCC vs. RJF — Risk / Return Rank
ARCC
RJF
ARCC vs. RJF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Capital Corporation (ARCC) and Raymond James Financial, Inc. (RJF). 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 | RJF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.70 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.06 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.27 | -0.53 |
| Martin ratioReturn relative to average drawdown | -0.47 | 0.57 | -1.04 |
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Drawdowns
ARCC vs. RJF - Drawdown Comparison
The maximum ARCC drawdown since its inception was -79.36%, which is greater than RJF's maximum drawdown of -69.68%. Use the drawdown chart below to compare losses from any high point for ARCC and RJF.
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Drawdown Indicators
| ARCC | RJF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.36% | -69.68% | -9.68% |
Max Drawdown (1Y)Largest decline over 1 year | -19.35% | -19.64% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -28.12% | +8.77% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -32.11% | +10.35% |
Max Drawdown (10Y)Largest decline over 10 years | -56.77% | -45.59% | -11.18% |
Current DrawdownCurrent decline from peak | -10.98% | -11.61% | +0.63% |
Average DrawdownAverage peak-to-trough decline | -9.10% | -14.62% | +5.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.68% | 9.34% | +1.34% |
Volatility
ARCC vs. RJF - Volatility Comparison
The current volatility for Ares Capital Corporation (ARCC) is 3.72%, while Raymond James Financial, Inc. (RJF) has a volatility of 7.64%. This indicates that ARCC experiences smaller price fluctuations and is considered to be less risky than RJF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARCC | RJF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 7.64% | -3.92% |
Volatility (6M)Calculated over the trailing 6-month period | 14.83% | 19.52% | -4.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.48% | 24.66% | -6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 28.04% | -8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 30.95% | -5.37% |
Dividends
ARCC vs. RJF - Dividend Comparison
ARCC's dividend yield for the trailing twelve months is around 9.97%, more than RJF's 1.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 7.48% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
RJF Raymond James Financial, Inc. | 1.35% | 1.25% | 0.87% | 1.53% | 1.67% | 1.04% | 1.16% | 1.93% | 1.48% | 0.74% | 1.18% | 1.28% |
Financials
ARCC vs. RJF - Financials Comparison
This section allows you to compare key financial metrics between Ares Capital Corporation and Raymond James Financial, 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. RJF - Profitability Comparison
ARCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported a gross profit of 550.00M and revenue of 763.00M. Therefore, the gross margin over that period was 72.1%.
RJF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported a gross profit of -3.74B and revenue of 4.26B. Therefore, the gross margin over that period was -87.6%.
ARCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported an operating income of 404.00M and revenue of 763.00M, resulting in an operating margin of 53.0%.
RJF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported an operating income of -728.00M and revenue of 4.26B, resulting in an operating margin of -17.1%.
ARCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported a net income of 92.00M and revenue of 763.00M, resulting in a net margin of 12.1%.
RJF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported a net income of 544.00M and revenue of 4.26B, resulting in a net margin of 12.8%.
Frequently Asked Questions
ARCC and RJF have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RJF has higher volatility (7.64%) compared to ARCC (3.72%). In terms of maximum drawdown, ARCC dropped -79.36% vs RJF's -69.68%.
RJF currently has the higher Sharpe Ratio (0.22 vs -0.27), 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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