FDUS vs. ARCC
FDUS (Fidus Investment Corporation) and ARCC (Ares Capital Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, FDUS returned 13.71%/yr vs 12.56%/yr for ARCC. At a 0.45 correlation, their price movements are largely independent.
Performance
FDUS vs. ARCC - Performance Comparison
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Returns By Period
In the year-to-date period, FDUS achieves a -1.84% return, which is significantly higher than ARCC's -5.14% return. Over the past 10 years, FDUS has outperformed ARCC with an annualized return of 13.71%, while ARCC has yielded a comparatively lower 12.56% annualized return.
FDUS
- 1D
- -2.44%
- 1M
- -4.12%
- YTD
- -1.84%
- 6M
- -1.57%
- 1Y
- 1.45%
- 3Y*
- 11.73%
- 5Y*
- 13.03%
- 10Y*
- 13.71%
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%
FDUS vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDUS Fidus Investment Corporation | -1.84% | 2.08% | 20.55% | 20.02% | 17.09% | 50.66% | -0.78% | 40.72% | -13.70% | 6.25% |
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 FDUS and ARCC is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jun 22, 2011 | 0.45 |
Over the past year, FDUS and ARCC have become more correlated (0.73) than their long-term average of 0.45, meaning their price movements have been converging.
Fundamentals
FDUS:
$698.36M
ARCC:
$13.41B
FDUS:
$2.40
ARCC:
$1.63
FDUS:
7.68
ARCC:
11.46
FDUS:
3.07
ARCC:
1.72
FDUS:
4.78
ARCC:
5.01
FDUS:
0.94
ARCC:
0.95
FDUS:
$140.24M
ARCC:
$2.63B
FDUS:
$91.57M
ARCC:
$1.86B
FDUS:
$98.79M
ARCC:
$2.05B
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Return for Risk
FDUS vs. ARCC — Risk / Return Rank
FDUS
ARCC
FDUS vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidus Investment Corporation (FDUS) 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.
| FDUS | ARCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 0.95 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.09 | -0.34 | +0.43 |
| Martin ratioReturn relative to average drawdown | 0.19 | -0.63 | +0.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDUS | ARCC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | -0.36 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.66 | 0.43 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.49 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.37 | +0.01 |
Drawdowns
FDUS vs. ARCC - Drawdown Comparison
The maximum FDUS drawdown since its inception was -68.76%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for FDUS and ARCC.
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Drawdown Indicators
| FDUS | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.76% | -79.36% | +10.60% |
Max Drawdown (1Y)Largest decline over 1 year | -16.45% | -19.35% | +2.90% |
Max Drawdown (3Y)Largest decline over 3 years | -23.94% | -19.35% | -4.59% |
Max Drawdown (5Y)Largest decline over 5 years | -23.94% | -21.76% | -2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -68.76% | -56.77% | -11.99% |
Current DrawdownCurrent decline from peak | -9.88% | -13.66% | +3.78% |
Average DrawdownAverage peak-to-trough decline | -8.91% | -9.10% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.52% | 10.48% | -2.96% |
Volatility
FDUS vs. ARCC - Volatility Comparison
Fidus Investment Corporation (FDUS) has a higher volatility of 10.63% compared to Ares Capital Corporation (ARCC) at 3.94%. This indicates that FDUS'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.
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Volatility by Period
| FDUS | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 3.94% | +6.69% |
Volatility (6M)Calculated over the trailing 6-month period | 17.08% | 14.71% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.85% | 18.40% | +2.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 19.96% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.54% | 25.58% | +7.96% |
Dividends
FDUS vs. ARCC - Dividend Comparison
FDUS's dividend yield for the trailing twelve months is around 11.58%, more 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% |
FDUS Fidus Investment Corporation | 11.58% | 11.14% | 11.51% | 14.63% | 10.51% | 8.90% | 10.15% | 10.78% | 13.69% | 10.54% | 10.17% | 11.69% |
Financials
FDUS vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between Fidus Investment Corporation 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
FDUS vs. ARCC - Profitability Comparison
FDUS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fidus Investment Corporation reported a gross profit of 0.00 and revenue of 34.29M. Therefore, the gross margin over that period was 0.0%.
ARCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported a gross profit of 550.00M and revenue of 763.00M. Therefore, the gross margin over that period was 72.1%.
FDUS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fidus Investment Corporation reported an operating income of 0.00 and revenue of 34.29M, resulting in an operating margin of 0.0%.
ARCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported an operating income of 404.00M and revenue of 763.00M, resulting in an operating margin of 53.0%.
FDUS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fidus Investment Corporation reported a net income of 24.64M and revenue of 34.29M, resulting in a net margin of 71.9%.
ARCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ares Capital Corporation reported a net income of 92.00M and revenue of 763.00M, resulting in a net margin of 12.1%.
Frequently Asked Questions
FDUS and ARCC have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDUS has higher volatility (10.63%) compared to ARCC (3.94%). In terms of maximum drawdown, FDUS dropped -68.76% vs ARCC's -79.36%.
FDUS currently has the higher Sharpe Ratio (0.07 vs -0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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