BTA vs. ARCC
BTA (BlackRock Long-Term Municipal Advantage Trust) and ARCC (Ares Capital Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. At a 0.13 correlation, their price movements are largely independent.
Performance
BTA vs. ARCC - Performance Comparison
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Returns By Period
BTA
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ARCC
- 1D
- -1.53%
- 1M
- -2.61%
- YTD
- -5.14%
- 6M
- -5.66%
- 1Y
- -6.58%
- 3Y*
- 9.07%
- 5Y*
- 8.64%
- 10Y*
- 12.56%
BTA vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BTA BlackRock Long-Term Municipal Advantage Trust | 5.82% | 1.29% | 0.52% | 14.83% | -33.64% | 23.51% | 4.79% | 25.74% | -5.85% | 12.44% |
ARCC Ares Capital Corporation | -5.14% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
Correlation
The correlation between BTA and ARCC is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2006 | 0.13 |
Fundamentals
BTA:
$130.64M
ARCC:
$13.41B
BTA:
-$1.59
ARCC:
$1.63
BTA:
9.95
ARCC:
5.01
BTA:
1.02
ARCC:
0.95
BTA:
$13.12M
ARCC:
$2.63B
BTA:
$11.18M
ARCC:
$1.86B
BTA:
-$7.41M
ARCC:
$2.05B
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Return for Risk
BTA vs. ARCC — Risk / Return Rank
BTA
ARCC
BTA vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Long-Term Municipal Advantage Trust (BTA) and Ares Capital Corporation (ARCC). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| BTA | ARCC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -0.36 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.43 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.49 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.37 | — |
Drawdowns
BTA vs. ARCC - Drawdown Comparison
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Drawdown Indicators
| BTA | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -79.36% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -19.35% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.35% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.76% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.77% | — |
Current DrawdownCurrent decline from peak | — | -13.66% | — |
Average DrawdownAverage peak-to-trough decline | — | -9.10% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.48% | — |
Volatility
BTA vs. ARCC - Volatility Comparison
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Volatility by Period
| BTA | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.94% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 14.71% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 18.40% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 19.96% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 25.58% | — |
Dividends
BTA vs. ARCC - Dividend Comparison
BTA's dividend yield for the trailing twelve months is around 4.58%, less than ARCC's 10.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.28% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
BTA BlackRock Long-Term Municipal Advantage Trust | 4.58% | 6.40% | 5.53% | 5.11% | 6.74% | 4.20% | 4.79% | 4.75% | 6.10% | 5.46% | 5.95% | 6.05% |
Financials
BTA vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between BlackRock Long-Term Municipal Advantage Trust and Ares Capital Corporation. 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
BTA and ARCC have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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