CMB1.L vs. ARCC
CMB1.L (iShares FTSE MIB UCITS ETF (Acc)) is Europe Equities fund tracking the FTSE Italia AllShare TR EUR, while ARCC (Ares Capital Corporation) is a stock. Over the past 10 years, CMB1.L returned 16.09%/yr vs 13.54%/yr for ARCC. At a 0.23 correlation, their price movements are largely independent.
Performance
CMB1.L vs. ARCC - Performance Comparison
Loading charts...
Different Trading Currencies
CMB1.L is traded in GBp, while ARCC is traded in USD. To make them comparable, the ARCC values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CMB1.L achieves a 13.66% return, which is significantly higher than ARCC's -3.64% return. Over the past 10 years, CMB1.L has outperformed ARCC with an annualized return of 16.09%, while ARCC has yielded a comparatively lower 13.54% annualized return.
CMB1.L
- 1D
- 0.08%
- 1M
- 5.18%
- YTD
- 13.66%
- 6M
- 17.10%
- 1Y
- 34.20%
- 3Y*
- 29.03%
- 5Y*
- 19.92%
- 10Y*
- 16.09%
ARCC
- 1D
- 1.18%
- 1M
- -1.43%
- YTD
- -3.64%
- 6M
- -5.66%
- 1Y
- -4.43%
- 3Y*
- 6.77%
- 5Y*
- 10.07%
- 10Y*
- 13.54%
CMB1.L vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMB1.L iShares FTSE MIB UCITS ETF (Acc) | 13.66% | 43.83% | 13.25% | 30.68% | -3.56% | 18.29% | 1.52% | 24.83% | -12.74% | 21.01% |
ARCC Ares Capital Corporation | -3.64% | -6.13% | 21.87% | 14.03% | 7.59% | 37.42% | -2.10% | 26.30% | 15.26% | -4.54% |
Correlation
The correlation between CMB1.L and ARCC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 2010 | 0.23 |
The correlation between CMB1.L and ARCC shifts across timeframes, from 0.14 (3 years) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CMB1.L vs. ARCC — Risk / Return Rank
CMB1.L
ARCC
CMB1.L vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) 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.
| CMB1.L | ARCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.50 | ||
| Sortino ratioReturn per unit of downside risk | +3.27 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.98 | +0.42 |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | -0.24 | +3.54 |
| Martin ratioReturn relative to average drawdown | 12.03 | -0.42 | +12.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CMB1.L | ARCC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | -0.23 | +2.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.51 | +0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.53 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.43 | +0.03 |
Drawdowns
CMB1.L vs. ARCC - Drawdown Comparison
The maximum CMB1.L drawdown since its inception was -47.37%, smaller than the maximum ARCC drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for CMB1.L and ARCC.
Loading charts...
Drawdown Indicators
| CMB1.L | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.37% | -67.55% | +20.18% |
Max Drawdown (1Y)Largest decline over 1 year | -10.32% | -18.40% | +8.08% |
Max Drawdown (3Y)Largest decline over 3 years | -15.62% | -22.67% | +7.05% |
Max Drawdown (5Y)Largest decline over 5 years | -24.19% | -22.67% | -1.52% |
Max Drawdown (10Y)Largest decline over 10 years | -36.61% | -52.10% | +15.49% |
Current DrawdownCurrent decline from peak | -0.63% | -17.23% | +16.60% |
Average DrawdownAverage peak-to-trough decline | -8.80% | -8.43% | -0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.84% | 10.52% | -7.68% |
Volatility
CMB1.L vs. ARCC - Volatility Comparison
iShares FTSE MIB UCITS ETF (Acc) (CMB1.L) and Ares Capital Corporation (ARCC) have volatilities of 4.47% and 4.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CMB1.L | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 4.46% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 12.15% | 14.82% | -2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.06% | 19.05% | -3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.00% | 19.79% | -1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.52% | 25.40% | -5.88% |
Dividends
CMB1.L vs. ARCC - Dividend Comparison
CMB1.L has not paid dividends to shareholders, while ARCC's dividend yield for the trailing twelve months is around 10.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.16% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
CMB1.L iShares FTSE MIB UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CMB1.L and ARCC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for CMB1.L and ARCC
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer