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HQH vs. ARCC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

HQH vs. ARCC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tekla Healthcare Investors (HQH) and Ares Capital Corporation (ARCC). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.62%
8.03%
HQH
ARCC

Returns By Period

In the year-to-date period, HQH achieves a 14.32% return, which is significantly lower than ARCC's 17.87% return. Over the past 10 years, HQH has underperformed ARCC with an annualized return of 2.81%, while ARCC has yielded a comparatively higher 13.31% annualized return.


HQH

YTD

14.32%

1M

-5.99%

6M

6.62%

1Y

27.82%

5Y (annualized)

5.99%

10Y (annualized)

2.81%

ARCC

YTD

17.87%

1M

1.62%

6M

8.03%

1Y

21.59%

5Y (annualized)

13.72%

10Y (annualized)

13.31%

Fundamentals


HQHARCC
Market Cap$892.52M$14.07B
EPS$1.31$2.60
PE Ratio13.468.38
PEG Ratio0.003.95
Total Revenue (TTM)$5.31M$2.46B
Gross Profit (TTM)$5.31M$2.10B
EBITDA (TTM)$149.58M$897.00M

Key characteristics


HQHARCC
Sharpe Ratio1.811.92
Sortino Ratio2.492.69
Omega Ratio1.331.35
Calmar Ratio0.803.15
Martin Ratio8.6613.34
Ulcer Index3.21%1.64%
Daily Std Dev15.35%11.42%
Max Drawdown-56.17%-79.36%
Current Drawdown-15.29%0.00%

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Correlation

-0.50.00.51.00.4

The correlation between HQH and ARCC is 0.38, 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.

Risk-Adjusted Performance

HQH vs. ARCC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tekla Healthcare Investors (HQH) 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.


Sharpe ratio
The chart of Sharpe ratio for HQH, currently valued at 1.81, compared to the broader market-4.00-2.000.002.004.001.811.92
The chart of Sortino ratio for HQH, currently valued at 2.49, compared to the broader market-4.00-2.000.002.004.002.492.69
The chart of Omega ratio for HQH, currently valued at 1.33, compared to the broader market0.501.001.502.001.331.35
The chart of Calmar ratio for HQH, currently valued at 0.80, compared to the broader market0.002.004.006.000.803.15
The chart of Martin ratio for HQH, currently valued at 8.66, compared to the broader market0.0010.0020.0030.008.6613.34
HQH
ARCC

The current HQH Sharpe Ratio is 1.81, which is comparable to the ARCC Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of HQH and ARCC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.81
1.92
HQH
ARCC

Dividends

HQH vs. ARCC - Dividend Comparison

HQH's dividend yield for the trailing twelve months is around 9.62%, more than ARCC's 8.72% yield.


TTM20232022202120202019201820172016201520142013
HQH
Tekla Healthcare Investors
9.62%9.66%9.50%8.59%7.96%8.22%10.73%8.76%9.78%11.96%7.05%6.41%
ARCC
Ares Capital Corporation
8.72%9.59%10.12%7.65%9.47%9.01%9.88%9.67%9.22%11.02%10.06%8.84%

Drawdowns

HQH vs. ARCC - Drawdown Comparison

The maximum HQH drawdown since its inception was -56.17%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for HQH and ARCC. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.29%
0
HQH
ARCC

Volatility

HQH vs. ARCC - Volatility Comparison

Tekla Healthcare Investors (HQH) has a higher volatility of 6.18% compared to Ares Capital Corporation (ARCC) at 3.34%. This indicates that HQH'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.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
6.18%
3.34%
HQH
ARCC

Financials

HQH vs. ARCC - Financials Comparison

This section allows you to compare key financial metrics between Tekla Healthcare Investors 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items