ARDC vs. IQQQ

In the year-to-date period, ARDC achieves a -2.99% return, which is significantly lower than IQQQ's -1.52% return.

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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 current ARDC Sharpe Ratio is 0.34, which is comparable to the IQQQ Sharpe Ratio of 0.46. 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.

ARDC's dividend yield for the trailing twelve months is around 9.83%, less than IQQQ's 15.32% yield.

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.

The current volatility for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is 2.62%, while ProShares Nasdaq-100 High Income ETF (IQQQ) has a volatility of 6.54%. 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.