OPSIX vs. ARCC
Compare and contrast key facts about Invesco Global Strategic Income Fund (OPSIX) and Ares Capital Corporation (ARCC).
OPSIX is managed by Invesco. It was launched on Oct 15, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OPSIX or ARCC.
Correlation
The correlation between OPSIX and ARCC is 0.23, 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.
Performance
OPSIX vs. ARCC - Performance Comparison
Key characteristics
OPSIX:
1.09
ARCC:
2.26
OPSIX:
1.58
ARCC:
3.02
OPSIX:
1.21
ARCC:
1.41
OPSIX:
0.58
ARCC:
3.96
OPSIX:
3.77
ARCC:
16.48
OPSIX:
1.72%
ARCC:
1.67%
OPSIX:
5.92%
ARCC:
12.19%
OPSIX:
-25.44%
ARCC:
-79.36%
OPSIX:
-3.06%
ARCC:
-1.43%
Returns By Period
In the year-to-date period, OPSIX achieves a 1.95% return, which is significantly lower than ARCC's 7.22% return. Over the past 10 years, OPSIX has underperformed ARCC with an annualized return of 1.49%, while ARCC has yielded a comparatively higher 13.75% annualized return.
OPSIX
1.95%
1.29%
1.62%
6.47%
-0.06%
1.49%
ARCC
7.22%
1.25%
17.24%
27.91%
14.91%
13.75%
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Risk-Adjusted Performance
OPSIX vs. ARCC — Risk-Adjusted Performance Rank
OPSIX
ARCC
OPSIX vs. ARCC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Strategic Income Fund (OPSIX) 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
OPSIX vs. ARCC - Dividend Comparison
OPSIX's dividend yield for the trailing twelve months is around 4.90%, less than ARCC's 8.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPSIX Invesco Global Strategic Income Fund | 4.90% | 5.45% | 4.92% | 3.44% | 2.60% | 2.71% | 4.60% | 5.28% | 4.23% | 3.81% | 4.51% | 5.16% |
ARCC Ares Capital Corporation | 8.18% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% |
Drawdowns
OPSIX vs. ARCC - Drawdown Comparison
The maximum OPSIX drawdown since its inception was -25.44%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for OPSIX and ARCC. For additional features, visit the drawdowns tool.
Volatility
OPSIX vs. ARCC - Volatility Comparison
The current volatility for Invesco Global Strategic Income Fund (OPSIX) is 1.51%, while Ares Capital Corporation (ARCC) has a volatility of 4.79%. This indicates that OPSIX experiences smaller price fluctuations and is considered to be less risky than ARCC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.