ARCC vs. T
ARCC (Ares Capital Corporation) and T (AT&T Inc.) are both stocks. ARCC operates in Asset Management (Financial Services), while T operates in Telecom Services (Communication Services). Over the past 10 years, ARCC returned 12.48%/yr vs 2.10%/yr for T. At a 0.33 correlation, their price movements are largely independent.
Performance
ARCC vs. T - Performance Comparison
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Returns By Period
In the year-to-date period, ARCC achieves a -1.16% return, which is significantly higher than T's -7.04% return. Over the past 10 years, ARCC has outperformed T with an annualized return of 12.48%, while T has yielded a comparatively lower 2.10% annualized return.
ARCC
- 1D
- -0.99%
- 1M
- 5.27%
- 6M
- -4.32%
- YTD
- -1.16%
- 1Y
- -9.88%
- 3Y*
- 8.83%
- 5Y*
- 8.74%
- 10Y*
- 12.48%
- ALL TIME*
- 12.05%
T
- 1D
- 0.64%
- 1M
- 2.62%
- 6M
- -2.84%
- YTD
- -7.04%
- 1Y
- -13.37%
- 3Y*
- 20.93%
- 5Y*
- 7.13%
- 10Y*
- 2.10%
- ALL TIME*
- 9.35%
ARCC vs. T - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | -1.16% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
T AT&T Inc. | -7.04% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
Correlation
The correlation between ARCC and T is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2004 | 0.33 |
Over the past year, the correlation between ARCC and T has dropped to 0.06 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
ARCC:
$13.63B
T:
$152.52B
ARCC:
$1.62
T:
$3.05
ARCC:
11.70
T:
7.19
ARCC:
1.75
T:
0.30
ARCC:
5.11
T:
1.25
ARCC:
$2.63B
T:
$125.65B
ARCC:
$1.86B
T:
$105.41B
ARCC:
$2.05B
T:
$54.70B
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Return for Risk
ARCC vs. T — Risk / Return Rank
ARCC
T
ARCC vs. T - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Capital Corporation (ARCC) and AT&T Inc. (T). 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 | T | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.92 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.46 | -0.06 |
| Martin ratioReturn relative to average drawdown | -0.91 | -1.03 | +0.12 |
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Drawdowns
ARCC vs. T - Drawdown Comparison
The maximum ARCC drawdown since its inception was -79.36%, which is greater than T's maximum drawdown of -64.15%. Use the drawdown chart below to compare losses from any high point for ARCC and T.
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Drawdown Indicators
| ARCC | T | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.36% | -64.15% | -15.21% |
Max Drawdown (1Y)Largest decline over 1 year | -18.86% | -28.89% | +10.03% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -28.89% | +9.54% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -32.01% | +10.25% |
Max Drawdown (10Y)Largest decline over 10 years | -56.77% | -42.35% | -14.42% |
Current DrawdownCurrent decline from peak | -10.03% | -21.57% | +11.54% |
Average DrawdownAverage peak-to-trough decline | -9.12% | -15.74% | +6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.21% | 12.94% | -1.73% |
Volatility
ARCC vs. T - Volatility Comparison
The current volatility for Ares Capital Corporation (ARCC) is 4.12%, while AT&T Inc. (T) has a volatility of 9.59%. This indicates that ARCC experiences smaller price fluctuations and is considered to be less risky than T based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARCC | T | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 9.59% | -5.47% |
Volatility (6M)Calculated over the trailing 6-month period | 14.85% | 19.91% | -5.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 23.72% | -4.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.99% | 24.38% | -4.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 23.92% | +1.66% |
Dividends
ARCC vs. T - Dividend Comparison
ARCC's dividend yield for the trailing twelve months is around 10.12%, more than T's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.12% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
T AT&T Inc. | 6.58% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
ARCC vs. T - Financials Comparison
This section allows you to compare key financial metrics between Ares Capital Corporation and AT&T 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
Frequently Asked Questions
ARCC and T have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (9.59%) compared to ARCC (4.12%). In terms of maximum drawdown, ARCC dropped -79.36% vs T's -64.15%.
ARCC currently has the higher Sharpe Ratio (-0.53 vs -0.57), 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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