Correlation
The correlation between NMFC and ARCC is 0.42, 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.
NMFC vs. ARCC
Compare and contrast key facts about New Mountain Finance Corporation (NMFC) and Ares Capital Corporation (ARCC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NMFC or ARCC.
Performance
NMFC vs. ARCC - Performance Comparison
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Key characteristics
NMFC:
-0.44
ARCC:
0.62
NMFC:
-0.49
ARCC:
1.01
NMFC:
0.93
ARCC:
1.15
NMFC:
-0.39
ARCC:
0.70
NMFC:
-1.14
ARCC:
2.69
NMFC:
8.14%
ARCC:
4.89%
NMFC:
20.71%
ARCC:
20.81%
NMFC:
-64.16%
ARCC:
-79.40%
NMFC:
-10.13%
ARCC:
-5.27%
Fundamentals
NMFC:
$1.16B
ARCC:
$15.31B
NMFC:
$0.99
ARCC:
$2.05
NMFC:
10.88
ARCC:
10.76
NMFC:
0.00
ARCC:
3.95
NMFC:
3.17
ARCC:
5.07
NMFC:
0.87
ARCC:
1.12
NMFC:
$274.13M
ARCC:
$2.13B
NMFC:
$232.38M
ARCC:
$2.04B
NMFC:
$130.61M
ARCC:
$1.83B
Returns By Period
In the year-to-date period, NMFC achieves a -1.53% return, which is significantly lower than ARCC's 3.04% return. Over the past 10 years, NMFC has underperformed ARCC with an annualized return of 6.66%, while ARCC has yielded a comparatively higher 13.16% annualized return.
NMFC
-1.53%
10.01%
-4.53%
-9.24%
3.25%
12.79%
6.66%
ARCC
3.04%
8.41%
4.09%
11.96%
15.05%
19.17%
13.16%
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Risk-Adjusted Performance
NMFC vs. ARCC — Risk-Adjusted Performance Rank
NMFC
ARCC
NMFC vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for New Mountain Finance Corporation (NMFC) 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.
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Dividends
NMFC vs. ARCC - Dividend Comparison
NMFC's dividend yield for the trailing twelve months is around 6.31%, less than ARCC's 8.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMFC New Mountain Finance Corporation | 6.31% | 6.04% | 11.71% | 9.86% | 8.76% | 10.92% | 9.90% | 10.81% | 10.04% | 9.65% | 10.45% | 9.91% |
ARCC Ares Capital Corporation | 8.71% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
Drawdowns
NMFC vs. ARCC - Drawdown Comparison
The maximum NMFC drawdown since its inception was -64.16%, smaller than the maximum ARCC drawdown of -79.40%. Use the drawdown chart below to compare losses from any high point for NMFC and ARCC.
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Volatility
NMFC vs. ARCC - Volatility Comparison
New Mountain Finance Corporation (NMFC) has a higher volatility of 6.71% compared to Ares Capital Corporation (ARCC) at 5.18%. This indicates that NMFC'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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Financials
NMFC vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between New Mountain Finance 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
NMFC vs. ARCC - Profitability Comparison
NMFC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, New Mountain Finance Corporation reported a gross profit of 85.66M and revenue of 85.66M. Therefore, the gross margin over that period was 100.0%.
ARCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Ares Capital Corporation reported a gross profit of 505.00M and revenue of 599.00M. Therefore, the gross margin over that period was 84.3%.
NMFC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, New Mountain Finance Corporation reported an operating income of 83.76M and revenue of 85.66M, resulting in an operating margin of 97.8%.
ARCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Ares Capital Corporation reported an operating income of 434.00M and revenue of 599.00M, resulting in an operating margin of 72.5%.
NMFC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, New Mountain Finance Corporation reported a net income of 34.64M and revenue of 85.66M, resulting in a net margin of 40.4%.
ARCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Ares Capital Corporation reported a net income of 365.00M and revenue of 599.00M, resulting in a net margin of 60.9%.