CCAP vs. ARCC

Last updated Apr 1, 2026

Compare and contrast key facts about Crescent Capital BDC, Inc. (CCAP) and Ares Capital Corporation (ARCC).

Performance

CCAP vs. ARCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Crescent Capital BDC, Inc. (CCAP) and Ares Capital Corporation (ARCC). The values are adjusted to include any dividend payments, if applicable.

CCAP vs. ARCC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
CCAP Crescent Capital BDC, Inc.	-10.49%	-17.51%	23.51%	52.61%	-17.99%	32.51%	1.53%
ARCC Ares Capital Corporation	-8.49%	1.07%	19.78%	20.03%	-3.84%	36.14%	-0.21%

Fundamentals

EPS CCAP : $2.71K ARCC : $1.64
PE Ratio CCAP : 0.00 ARCC : 11.00
PEG Ratio CCAP : 0.00 ARCC : 1.65
PS Ratio CCAP : 1.79 ARCC : 6.71
Total Revenue (TTM) CCAP : $167.29M ARCC : $1.88B
Gross Profit (TTM) CCAP : $36.08M ARCC : $1.18B
EBITDA (TTM) CCAP : $27.20M ARCC : $1.08B

Returns By Period

In the year-to-date period, CCAP achieves a -10.49% return, which is significantly lower than ARCC's -8.49% return.

CCAP

• 1D: 1.33%
• 1M: -0.67%
• YTD: -10.49%
• 6M: -9.19%
• 1Y: -19.32%
• 3Y*: 8.21%
• 5Y*: 4.77%
• 10Y*: —

ARCC

• 1D: 1.58%
• 1M: -0.58%
• YTD: -8.49%
• 6M: -7.16%
• 1Y: -10.69%
• 3Y*: 9.35%
• 5Y*: 8.75%
• 10Y*: 11.92%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CCAP vs. ARCC — Risk / Return Rank

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

CCAP

CCAP Risk / Return Rank: 10
CCAP Sharpe Ratio Rank: 11
CCAP Sortino Ratio Rank: 13
CCAP Omega Ratio Rank: 14
CCAP Calmar Ratio Rank: 7
CCAP Martin Ratio Rank: 6

ARCC

ARCC Risk / Return Rank: 21
ARCC Sharpe Ratio Rank: 22
ARCC Sortino Ratio Rank: 20
ARCC Omega Ratio Rank: 20
ARCC Calmar Ratio Rank: 25
ARCC Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCAP vs. ARCC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Crescent Capital BDC, Inc. (CCAP) 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.

	CCAP	ARCC	Difference
Sharpe ratio Return per unit of total volatility	-0.72	-0.46	-0.26
Sortino ratio Return per unit of downside risk	-0.89	-0.51	-0.38
Omega ratio Gain probability vs. loss probability	0.89	0.93	-0.04
Calmar ratio Return relative to maximum drawdown	-0.91	-0.54	-0.37
Martin ratio Return relative to average drawdown	-1.66	-1.12	-0.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCAP vs. ARCC - Sharpe Ratio Comparison

The current CCAP Sharpe Ratio is -0.72, which is lower than the ARCC Sharpe Ratio of -0.46. The chart below compares the historical Sharpe Ratios of CCAP and ARCC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCAP	ARCC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.72	-0.46	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.44	-0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.37	-0.16

Correlation

The correlation between CCAP and ARCC is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CCAP vs. ARCC - Dividend Comparison

CCAP's dividend yield for the trailing twelve months is around 14.65%, more than ARCC's 10.65% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCAP Crescent Capital BDC, Inc.	14.65%	13.02%	10.61%	10.41%	14.83%	9.63%	11.26%	0.00%	0.00%	0.00%	0.00%	0.00%
ARCC Ares Capital Corporation	10.65%	9.49%	8.77%	9.59%	10.12%	7.65%	9.47%	9.01%	9.88%	9.67%	9.22%	11.02%

Drawdowns

CCAP vs. ARCC - Drawdown Comparison

The maximum CCAP drawdown since its inception was -63.68%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for CCAP and ARCC.

Drawdown Indicators

	CCAP	ARCC	Difference
Max Drawdown Largest peak-to-trough decline	-63.68%	-79.36%	+15.68%
Max Drawdown (1Y) Largest decline over 1 year	-21.07%	-19.35%	-1.72%
Max Drawdown (5Y) Largest decline over 5 years	-31.15%	-21.76%	-9.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-56.77%	—
Current Drawdown Current decline from peak	-29.05%	-16.71%	-12.34%
Average Drawdown Average peak-to-trough decline	-12.39%	-9.07%	-3.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.61%	9.33%	+2.28%

Volatility

CCAP vs. ARCC - Volatility Comparison

Crescent Capital BDC, Inc. (CCAP) has a higher volatility of 7.31% compared to Ares Capital Corporation (ARCC) at 6.61%. This indicates that CCAP's price experiences larger fluctuations and is considered to be riskier than ARCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCAP	ARCC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.31%	6.61%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	18.25%	15.16%	+3.09%
Volatility (1Y) Calculated over the trailing 1-year period	27.07%	23.48%	+3.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.10%	19.88%	+2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.92%	25.53%	+8.39%

Financials