CLML.TO vs. ARCC
Compare and contrast key facts about CI Global Climate Leaders Fund (CLML.TO) and Ares Capital Corporation (ARCC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLML.TO or ARCC.
Correlation
The correlation between CLML.TO and ARCC is 0.28, 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.
Performance
CLML.TO vs. ARCC - Performance Comparison
Key characteristics
CLML.TO:
2.30
ARCC:
2.01
CLML.TO:
2.76
ARCC:
2.71
CLML.TO:
1.44
ARCC:
1.37
CLML.TO:
4.94
ARCC:
3.50
CLML.TO:
14.34
ARCC:
14.92
CLML.TO:
3.76%
ARCC:
1.63%
CLML.TO:
23.39%
ARCC:
12.14%
CLML.TO:
-28.17%
ARCC:
-79.36%
CLML.TO:
-6.98%
ARCC:
-4.64%
Returns By Period
In the year-to-date period, CLML.TO achieves a 5.11% return, which is significantly higher than ARCC's 3.72% return.
CLML.TO
5.11%
1.47%
24.88%
50.11%
N/A
N/A
ARCC
3.72%
3.30%
15.63%
23.25%
13.94%
13.43%
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Risk-Adjusted Performance
CLML.TO vs. ARCC — Risk-Adjusted Performance Rank
CLML.TO
ARCC
CLML.TO vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for CI Global Climate Leaders Fund (CLML.TO) 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.
Dividends
CLML.TO vs. ARCC - Dividend Comparison
CLML.TO has not paid dividends to shareholders, while ARCC's dividend yield for the trailing twelve months is around 8.46%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLML.TO CI Global Climate Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARCC Ares Capital Corporation | 8.46% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
Drawdowns
CLML.TO vs. ARCC - Drawdown Comparison
The maximum CLML.TO drawdown since its inception was -28.17%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for CLML.TO and ARCC. For additional features, visit the drawdowns tool.
Volatility
CLML.TO vs. ARCC - Volatility Comparison
CI Global Climate Leaders Fund (CLML.TO) has a higher volatility of 13.28% compared to Ares Capital Corporation (ARCC) at 5.15%. This indicates that CLML.TO'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.