ARDC vs. OXLC
ARDC (Ares Dynamic Credit Allocation Fund, Inc.) and OXLC (Oxford Lane Capital Corp.) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, ARDC returned 7.88%/yr vs 5.56%/yr for OXLC. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
ARDC vs. OXLC - Performance Comparison
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Returns By Period
In the year-to-date period, ARDC achieves a -0.97% return, which is significantly higher than OXLC's -2.62% return. Over the past 10 years, ARDC has outperformed OXLC with an annualized return of 7.88%, while OXLC has yielded a comparatively lower 5.56% annualized return.
ARDC
- 1D
- 0.32%
- 1M
- -2.17%
- 6M
- -2.88%
- YTD
- -0.97%
- 1Y
- -4.12%
- 3Y*
- 9.45%
- 5Y*
- 4.88%
- 10Y*
- 7.88%
- ALL TIME*
- 5.60%
OXLC
- 1D
- 2.12%
- 1M
- 6.34%
- 6M
- 14.48%
- YTD
- -2.62%
- 1Y
- -6.01%
- 3Y*
- -3.45%
- 5Y*
- -1.74%
- 10Y*
- 5.56%
- ALL TIME*
- 4.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.13M | $1.55M | $1.50M | |
| $8.22M | $7.92M | $9.50M |
ARDC vs. OXLC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARDC Ares Dynamic Credit Allocation Fund, Inc. | -0.97% | -3.10% | 21.05% | 32.35% | -22.21% | 23.12% | 2.56% | 21.26% | -8.80% | 17.63% |
OXLC Oxford Lane Capital Corp. | -2.62% | -24.38% | 24.58% | 16.52% | -24.15% | 59.91% | -15.79% | -0.98% | 12.86% | 13.47% |
Correlation
The correlation between ARDC and OXLC is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.32 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 28, 2012 | 0.23 |
Fundamentals
ARDC:
$296.70M
OXLC:
$894.02M
ARDC:
$2.52
OXLC:
-$5.82
ARDC:
3.38
OXLC:
0.99
ARDC:
0.86
OXLC:
0.86
ARDC:
$87.73M
OXLC:
$849.13M
ARDC:
$56.87M
OXLC:
$793.40M
ARDC:
$82.14M
OXLC:
-$578.64M
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Return for Risk
ARDC vs. OXLC — Risk / Return Rank
ARDC
OXLC
ARDC vs. OXLC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) and Oxford Lane Capital Corp. (OXLC). 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.
| ARDC | OXLC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.00 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.18 | -0.12 |
| Martin ratioReturn relative to average drawdown | -0.58 | -0.34 | -0.25 |
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Drawdowns
ARDC vs. OXLC - Drawdown Comparison
The maximum ARDC drawdown since its inception was -45.40%, smaller than the maximum OXLC drawdown of -74.58%. Use the drawdown chart below to compare losses from any high point for ARDC and OXLC.
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Drawdown Indicators
| ARDC | OXLC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.40% | -74.58% | +29.18% |
Max Drawdown (1Y)Largest decline over 1 year | -15.57% | -47.99% | +32.42% |
Max Drawdown (3Y)Largest decline over 3 years | -19.78% | -57.17% | +37.39% |
Max Drawdown (5Y)Largest decline over 5 years | -26.48% | -57.17% | +30.69% |
Max Drawdown (10Y)Largest decline over 10 years | -45.40% | -74.58% | +29.18% |
Current DrawdownCurrent decline from peak | -8.50% | -30.25% | +21.75% |
Average DrawdownAverage peak-to-trough decline | -6.65% | -14.19% | +7.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.01% | 24.92% | -16.91% |
Volatility
ARDC vs. OXLC - Volatility Comparison
The current volatility for Ares Dynamic Credit Allocation Fund, Inc. (ARDC) is 2.49%, while Oxford Lane Capital Corp. (OXLC) has a volatility of 6.14%. This indicates that ARDC experiences smaller price fluctuations and is considered to be less risky than OXLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARDC | OXLC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.49% | 6.14% | -3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 7.50% | 37.20% | -29.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.61% | 43.07% | -33.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.78% | 28.65% | -14.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 43.31% | -26.45% |
Dividends
ARDC vs. OXLC - Dividend Comparison
ARDC's dividend yield for the trailing twelve months is around 10.90%, less than OXLC's 66.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARDC Ares Dynamic Credit Allocation Fund, Inc. | 10.90% | 10.19% | 9.33% | 9.85% | 10.31% | 7.16% | 8.40% | 8.40% | 9.35% | 7.58% | 8.45% | 10.51% |
OXLC Oxford Lane Capital Corp. | 66.85% | 35.86% | 20.12% | 18.83% | 17.75% | 10.51% | 22.46% | 19.85% | 16.70% | 17.91% | 22.84% | 24.10% |
Financials
ARDC vs. OXLC - Financials Comparison
This section allows you to compare key financial metrics between Ares Dynamic Credit Allocation Fund, Inc. and Oxford Lane Capital Corp.. 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
ARDC and OXLC have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OXLC has higher volatility (6.14%) compared to ARDC (2.49%). In terms of maximum drawdown, ARDC dropped -45.40% vs OXLC's -74.58%.
OXLC currently has the higher Sharpe Ratio (-0.20 vs -0.49), 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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