CPZ vs. ARCC
Compare and contrast key facts about Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) and Ares Capital Corporation (ARCC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPZ or ARCC.
Key characteristics
| CPZ | ARCC | |
|---|---|---|
| YTD Return | 10.50% | 4.97% |
| 1Y Return | 13.65% | 25.18% |
| 3Y Return (Ann) | 0.43% | 12.57% |
| Sharpe Ratio | 1.06 | 2.01 |
| Daily Std Dev | 13.94% | 12.72% |
| Max Drawdown | -51.43% | -79.36% |
| Current Drawdown | -6.50% | -1.49% |
Fundamentals
| CPZ | ARCC | |
|---|---|---|
| Market Cap | $304.89M | $12.61B |
| EPS | -$0.68 | $2.68 |
| PE Ratio | 7.10 | 7.75 |
| PEG Ratio | 6.16 | 3.95 |
| Revenue (TTM) | $0.00 | $2.61B |
| Gross Profit (TTM) | $0.00 | $2.10B |
Correlation
The correlation between CPZ and ARCC is 0.39, 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
CPZ vs. ARCC - Performance Comparison
In the year-to-date period, CPZ achieves a 10.50% return, which is significantly higher than ARCC's 4.97% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CPZ vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) 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
CPZ vs. ARCC - Dividend Comparison
CPZ's dividend yield for the trailing twelve months is around 10.82%, more than ARCC's 9.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPZ Calamos Long/Short Equity & Dynamic Income Term Trust | 10.82% | 11.63% | 11.06% | 8.37% | 7.69% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARCC Ares Capital Corporation | 9.35% | 9.59% | 10.10% | 7.60% | 9.41% | 8.94% | 9.78% | 9.57% | 9.12% | 10.90% | 9.93% | 8.67% |
Drawdowns
CPZ vs. ARCC - Drawdown Comparison
The maximum CPZ drawdown since its inception was -51.43%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for CPZ and ARCC. For additional features, visit the drawdowns tool.
Volatility
CPZ vs. ARCC - Volatility Comparison
Calamos Long/Short Equity & Dynamic Income Term Trust (CPZ) has a higher volatility of 3.68% compared to Ares Capital Corporation (ARCC) at 3.36%. This indicates that CPZ'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.
Financials
CPZ vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between Calamos Long/Short Equity & Dynamic Income Term 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