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 13.20%/yr vs 3.33%/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 -2.20% return, which is significantly higher than T's -2.96% return. Over the past 10 years, ARCC has outperformed T with an annualized return of 13.20%, while T has yielded a comparatively lower 3.33% annualized return.
ARCC
- 1D
- 1.00%
- 1M
- 2.56%
- YTD
- -2.20%
- 6M
- -2.87%
- 1Y
- -5.06%
- 3Y*
- 10.27%
- 5Y*
- 9.04%
- 10Y*
- 13.20%
T
- 1D
- 2.52%
- 1M
- -4.69%
- YTD
- -2.96%
- 6M
- -1.93%
- 1Y
- -12.96%
- 3Y*
- 20.58%
- 5Y*
- 7.38%
- 10Y*
- 3.33%
ARCC vs. T - 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% |
T AT&T Inc. | -2.96% | 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 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
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 0.05 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
ARCC:
$1.63
T:
$3.04
ARCC:
11.81
T:
7.74
ARCC:
1.77
T:
0.32
ARCC:
5.16
T:
1.35
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 | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.92 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | -0.59 | +0.33 |
| Martin ratioReturn relative to average drawdown | -0.47 | -1.22 | +0.75 |
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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 | -19.35% | -21.87% | +2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -19.35% | -21.87% | +2.52% |
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 | -10.98% | -18.12% | +7.14% |
Average DrawdownAverage peak-to-trough decline | -9.10% | -15.72% | +6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.68% | 10.64% | +0.04% |
Volatility
ARCC vs. T - Volatility Comparison
The current volatility for Ares Capital Corporation (ARCC) is 3.72%, while AT&T Inc. (T) has a volatility of 8.21%. 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 | 3.72% | 8.21% | -4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 14.83% | 17.80% | -2.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.48% | 22.13% | -3.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 24.01% | -4.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.58% | 23.73% | +1.85% |
Dividends
ARCC vs. T - Dividend Comparison
ARCC's dividend yield for the trailing twelve months is around 9.97%, more than T's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 9.97% | 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. | 4.71% | 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 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (8.21%) compared to ARCC (3.72%). In terms of maximum drawdown, ARCC dropped -79.36% vs T's -64.15%.
ARCC currently has the higher Sharpe Ratio (-0.27 vs -0.59), 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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