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ARDC vs. IQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ARDC and IQQQ is 0.29, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

ARDC vs. IQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and ProShares Nasdaq-100 High Income ETF (IQQQ). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
5.80%
1.15%
ARDC
IQQQ

Key characteristics

Sharpe Ratio

ARDC:

0.39

IQQQ:

0.32

Sortino Ratio

ARDC:

0.60

IQQQ:

0.54

Omega Ratio

ARDC:

1.10

IQQQ:

1.08

Calmar Ratio

ARDC:

0.31

IQQQ:

0.34

Martin Ratio

ARDC:

1.34

IQQQ:

1.07

Ulcer Index

ARDC:

4.63%

IQQQ:

6.47%

Daily Std Dev

ARDC:

15.75%

IQQQ:

21.76%

Max Drawdown

ARDC:

-45.40%

IQQQ:

-20.41%

Current Drawdown

ARDC:

-11.80%

IQQQ:

-15.11%

Returns By Period

In the year-to-date period, ARDC achieves a -8.11% return, which is significantly higher than IQQQ's -10.88% return.


ARDC

YTD

-8.11%

1M

-4.66%

6M

-5.99%

1Y

6.96%

5Y*

15.24%

10Y*

7.35%

IQQQ

YTD

-10.88%

1M

-8.31%

6M

-8.01%

1Y

4.82%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ARDC vs. IQQQ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARDC
The Risk-Adjusted Performance Rank of ARDC is 6464
Overall Rank
The Sharpe Ratio Rank of ARDC is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of ARDC is 5656
Sortino Ratio Rank
The Omega Ratio Rank of ARDC is 6060
Omega Ratio Rank
The Calmar Ratio Rank of ARDC is 6767
Calmar Ratio Rank
The Martin Ratio Rank of ARDC is 6868
Martin Ratio Rank

IQQQ
The Risk-Adjusted Performance Rank of IQQQ is 4747
Overall Rank
The Sharpe Ratio Rank of IQQQ is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of IQQQ is 4545
Sortino Ratio Rank
The Omega Ratio Rank of IQQQ is 4646
Omega Ratio Rank
The Calmar Ratio Rank of IQQQ is 5151
Calmar Ratio Rank
The Martin Ratio Rank of IQQQ is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ARDC vs. IQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and ProShares Nasdaq-100 High Income ETF (IQQQ). 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.


The chart of Sharpe ratio for ARDC, currently valued at 0.39, compared to the broader market-2.00-1.000.001.002.003.00
ARDC: 0.39
IQQQ: 0.32
The chart of Sortino ratio for ARDC, currently valued at 0.60, compared to the broader market-6.00-4.00-2.000.002.004.00
ARDC: 0.60
IQQQ: 0.54
The chart of Omega ratio for ARDC, currently valued at 1.10, compared to the broader market0.501.001.502.00
ARDC: 1.10
IQQQ: 1.08
The chart of Calmar ratio for ARDC, currently valued at 0.31, compared to the broader market0.001.002.003.004.005.00
ARDC: 0.31
IQQQ: 0.34
The chart of Martin ratio for ARDC, currently valued at 1.34, compared to the broader market-10.00-5.000.005.0010.0015.0020.00
ARDC: 1.34
IQQQ: 1.07

The current ARDC Sharpe Ratio is 0.39, which is comparable to the IQQQ Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of ARDC and IQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.00Thu 27Sat 29Mon 31Wed 02Fri 04Apr 06Tue 08Thu 10Sat 12Mon 14Wed 16Fri 18Apr 20Tue 22Thu 24
0.39
0.32
ARDC
IQQQ

Dividends

ARDC vs. IQQQ - Dividend Comparison

ARDC's dividend yield for the trailing twelve months is around 10.38%, less than IQQQ's 12.96% yield.


TTM20242023202220212020201920182017201620152014
ARDC
Ares Dynamic Credit Allocation Fund, Inc.
10.38%9.33%9.85%10.31%7.16%8.40%8.40%9.35%7.58%8.45%10.51%8.87%
IQQQ
ProShares Nasdaq-100 High Income ETF
12.96%7.27%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

ARDC vs. IQQQ - Drawdown Comparison

The maximum ARDC drawdown since its inception was -45.40%, which is greater than IQQQ's maximum drawdown of -20.41%. Use the drawdown chart below to compare losses from any high point for ARDC and IQQQ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.80%
-15.11%
ARDC
IQQQ

Volatility

ARDC vs. IQQQ - Volatility Comparison

The current volatility for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is 11.80%, while ProShares Nasdaq-100 High Income ETF (IQQQ) has a volatility of 12.94%. This indicates that ARDC experiences smaller price fluctuations and is considered to be less risky than IQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%NovemberDecember2025FebruaryMarchApril
11.80%
12.94%
ARDC
IQQQ