HPP vs. ARCC
HPP (Hudson Pacific Properties, Inc.) and ARCC (Ares Capital Corporation) are both stocks. HPP operates in REIT - Office (Real Estate), while ARCC operates in Asset Management (Financial Services). Over the past 10 years, HPP returned -20.36%/yr vs 12.46%/yr for ARCC. At a 0.36 correlation, their price movements are largely independent.
Performance
HPP vs. ARCC - Performance Comparison
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Returns By Period
In the year-to-date period, HPP achieves a 32.96% return, which is significantly higher than ARCC's -6.83% return. Over the past 10 years, HPP has underperformed ARCC with an annualized return of -20.36%, while ARCC has yielded a comparatively higher 12.46% annualized return.
HPP
- 1D
- -0.96%
- 1M
- 28.23%
- YTD
- 32.96%
- 6M
- 40.35%
- 1Y
- -26.53%
- 3Y*
- -19.93%
- 5Y*
- -38.70%
- 10Y*
- -20.36%
ARCC
- 1D
- 0.28%
- 1M
- -1.31%
- YTD
- -6.83%
- 6M
- -5.38%
- 1Y
- -8.17%
- 3Y*
- 9.59%
- 5Y*
- 8.14%
- 10Y*
- 12.46%
HPP vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HPP Hudson Pacific Properties, Inc. | 32.96% | -48.94% | -66.86% | 1.86% | -57.88% | 6.79% | -33.40% | 33.35% | -12.49% | 1.41% |
ARCC Ares Capital Corporation | -6.83% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
Correlation
The correlation between HPP and ARCC is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2010 | 0.36 |
Fundamentals
HPP:
$928.25M
ARCC:
$12.85B
HPP:
-$10.62
ARCC:
$1.63
HPP:
0.90
ARCC:
4.79
HPP:
0.37
ARCC:
0.91
HPP:
$814.50M
ARCC:
$2.63B
HPP:
$237.04M
ARCC:
$1.86B
HPP:
-$33.73M
ARCC:
$2.05B
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Return for Risk
HPP vs. ARCC — Risk / Return Rank
HPP
ARCC
HPP vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Hudson Pacific Properties, Inc. (HPP) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HPP | ARCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.04 | ||
| Sortino ratioReturn per unit of downside risk | +0.27 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.94 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | -0.42 | +0.07 |
| Martin ratioReturn relative to average drawdown | -0.60 | -0.75 | +0.15 |
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Drawdowns
HPP vs. ARCC - Drawdown Comparison
The maximum HPP drawdown since its inception was -97.44%, which is greater than ARCC's maximum drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for HPP and ARCC.
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Drawdown Indicators
| HPP | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.44% | -79.36% | -18.08% |
Max Drawdown (1Y)Largest decline over 1 year | -74.36% | -19.35% | -55.01% |
Max Drawdown (3Y)Largest decline over 3 years | -91.71% | -19.35% | -72.36% |
Max Drawdown (5Y)Largest decline over 5 years | -96.83% | -21.76% | -75.07% |
Max Drawdown (10Y)Largest decline over 10 years | -97.44% | -56.77% | -40.67% |
Current DrawdownCurrent decline from peak | -93.32% | -15.20% | -78.12% |
Average DrawdownAverage peak-to-trough decline | -30.10% | -9.11% | -20.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 44.11% | 10.89% | +33.22% |
Volatility
HPP vs. ARCC - Volatility Comparison
Hudson Pacific Properties, Inc. (HPP) has a higher volatility of 20.75% compared to Ares Capital Corporation (ARCC) at 4.64%. This indicates that HPP'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
| HPP | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.75% | 4.64% | +16.11% |
Volatility (6M)Calculated over the trailing 6-month period | 54.76% | 15.11% | +39.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.87% | 18.65% | +47.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.70% | 19.96% | +38.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.73% | 25.60% | +22.13% |
Dividends
HPP vs. ARCC - Dividend Comparison
HPP has not paid dividends to shareholders, while ARCC's dividend yield for the trailing twelve months is around 10.73%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.73% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
HPP Hudson Pacific Properties, Inc. | 0.00% | 0.00% | 3.30% | 4.03% | 10.28% | 4.05% | 4.16% | 2.66% | 3.44% | 2.92% | 2.30% | 2.04% |
Financials
HPP vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between Hudson Pacific Properties, Inc. 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
HPP vs. ARCC - Profitability Comparison
HPP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Hudson Pacific Properties, Inc. reported a gross profit of -81.12M and revenue of 181.85M. Therefore, the gross margin over that period was -44.6%.
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%.
HPP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Hudson Pacific Properties, Inc. reported an operating income of -14.94M and revenue of 181.85M, resulting in an operating margin of -8.2%.
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%.
HPP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Hudson Pacific Properties, Inc. reported a net income of -48.04M and revenue of 181.85M, resulting in a net margin of -26.4%.
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
HPP and ARCC have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HPP has higher volatility (20.75%) compared to ARCC (4.64%). In terms of maximum drawdown, HPP dropped -97.44% vs ARCC's -79.36%.
HPP currently has the higher Sharpe Ratio (-0.40 vs -0.44), 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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