GABBX vs. ARCC
Compare and contrast key facts about Gabelli Dividend Growth Fund (GABBX) and Ares Capital Corporation (ARCC).
GABBX is managed by Gabelli. It was launched on Aug 26, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GABBX or ARCC.
Key characteristics
| GABBX | ARCC | |
|---|---|---|
| YTD Return | 7.47% | 8.82% |
| 1Y Return | 13.15% | 15.87% |
| 3Y Return (Ann) | 2.72% | 10.75% |
| 5Y Return (Ann) | 7.10% | 11.68% |
| 10Y Return (Ann) | 4.75% | 12.39% |
| Sharpe Ratio | 1.23 | 1.27 |
| Daily Std Dev | 11.18% | 12.35% |
| Max Drawdown | -60.85% | -79.36% |
| Current Drawdown | -2.27% | -2.19% |
Correlation
The correlation between GABBX and ARCC is 0.57, 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.
Performance
GABBX vs. ARCC - Performance Comparison
In the year-to-date period, GABBX achieves a 7.47% return, which is significantly lower than ARCC's 8.82% return. Over the past 10 years, GABBX has underperformed ARCC with an annualized return of 4.75%, while ARCC has yielded a comparatively higher 12.39% annualized 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
GABBX vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli Dividend Growth Fund (GABBX) 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
GABBX vs. ARCC - Dividend Comparison
GABBX's dividend yield for the trailing twelve months is around 1.33%, less than ARCC's 9.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GABBX Gabelli Dividend Growth Fund | 1.33% | 1.43% | 1.72% | 11.25% | 2.90% | 4.42% | 11.77% | 16.73% | 5.97% | 3.35% | 1.42% | 4.03% |
ARCC Ares Capital Corporation | 9.44% | 9.59% | 10.10% | 7.60% | 9.41% | 8.94% | 9.78% | 9.57% | 9.12% | 10.90% | 9.93% | 8.67% |
Drawdowns
GABBX vs. ARCC - Drawdown Comparison
The maximum GABBX drawdown since its inception was -60.85%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for GABBX and ARCC. For additional features, visit the drawdowns tool.
Volatility
GABBX vs. ARCC - Volatility Comparison
Gabelli Dividend Growth Fund (GABBX) has a higher volatility of 3.45% compared to Ares Capital Corporation (ARCC) at 2.55%. This indicates that GABBX'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.