OWL vs. ARCC
OWL (Blue Owl Capital Inc.) and ARCC (Ares Capital Corporation) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 5 years, OWL returned -2.16%/yr vs 8.57%/yr for ARCC. Their 0.46 correlation means their historical movements had little consistent relationship.
Performance
OWL vs. ARCC - Performance Comparison
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Returns By Period
In the year-to-date period, OWL achieves a -28.04% return, which is significantly lower than ARCC's -2.30% return.
OWL
- 1D
- 1.38%
- 1M
- 13.94%
- 6M
- -21.18%
- YTD
- -28.04%
- 1Y
- -41.43%
- 3Y*
- -0.97%
- 5Y*
- -2.16%
- 10Y*
- —
- ALL TIME*
- 3.12%
ARCC
- 1D
- -0.37%
- 1M
- 0.16%
- 6M
- -0.63%
- YTD
- -2.30%
- 1Y
- -7.66%
- 3Y*
- 8.39%
- 5Y*
- 8.57%
- 10Y*
- 12.33%
- ALL TIME*
- 11.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $81.64M | $84.10M | $93.93M | |
| $179.46M | $164.25M | $219.48M |
OWL vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OWL Blue Owl Capital Inc. | -28.04% | -32.83% | 61.76% | 47.40% | -26.29% | 32.18% | 5.86% |
ARCC Ares Capital Corporation | -2.30% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 1.87% |
Correlation
The correlation between OWL and ARCC is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.53 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.51 |
Correlation (All Time) Calculated using the full available price history since Dec 14, 2020 | 0.46 |
The correlation between OWL and ARCC shifts across timeframes, from 0.46 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OWL:
$16.10B
ARCC:
$13.47B
OWL:
$0.19
ARCC:
$1.35
OWL:
53.57
ARCC:
13.89
OWL:
0.19
ARCC:
2.08
OWL:
2.33
ARCC:
6.28
OWL:
3.55
ARCC:
0.97
OWL:
$2.99B
ARCC:
$2.13B
OWL:
$1.83B
ARCC:
$1.36B
OWL:
$861.39M
ARCC:
$1.26B
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Return for Risk
OWL vs. ARCC — Risk / Return Rank
OWL
ARCC
OWL vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Blue Owl Capital Inc. (OWL) 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.
| OWL | ARCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.50 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 0.94 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.50 | -0.25 |
| Martin ratioReturn relative to average drawdown | -1.16 | -0.91 | -0.25 |
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Drawdowns
OWL vs. ARCC - Drawdown Comparison
The maximum OWL drawdown since its inception was -67.10%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for OWL and ARCC.
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Drawdown Indicators
| OWL | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.10% | -79.36% | +12.26% |
Max Drawdown (1Y)Largest decline over 1 year | -57.61% | -17.35% | -40.26% |
Max Drawdown (3Y)Largest decline over 3 years | -67.10% | -19.35% | -47.75% |
Max Drawdown (5Y)Largest decline over 5 years | -67.10% | -21.76% | -45.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.77% | — |
Current DrawdownCurrent decline from peak | -57.86% | -11.07% | -46.79% |
Average DrawdownAverage peak-to-trough decline | -25.02% | -9.12% | -15.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 37.12% | 9.51% | +27.61% |
Volatility
OWL vs. ARCC - Volatility Comparison
Blue Owl Capital Inc. (OWL) has a higher volatility of 11.24% compared to Ares Capital Corporation (ARCC) at 4.33%. This indicates that OWL'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
| OWL | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.24% | 4.33% | +6.91% |
Volatility (6M)Calculated over the trailing 6-month period | 35.60% | 14.79% | +20.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.91% | 18.86% | +26.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.11% | 19.97% | +22.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.72% | 25.58% | +17.14% |
Dividends
OWL vs. ARCC - Dividend Comparison
OWL's dividend yield for the trailing twelve months is around 8.79%, less than ARCC's 10.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARCC Ares Capital Corporation | 10.23% | 9.49% | 8.77% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% |
OWL Blue Owl Capital Inc. | 8.79% | 5.72% | 2.92% | 3.69% | 4.06% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OWL vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between Blue Owl Capital 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
OWL vs. ARCC - Profitability Comparison
OWL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Blue Owl Capital Inc. reported a gross profit of 308.17M and revenue of 753.05M. Therefore, the gross margin over that period was 40.9%.
ARCC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ares Capital Corporation reported a gross profit of 408.00M and revenue of 581.00M. Therefore, the gross margin over that period was 70.2%.
OWL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Blue Owl Capital Inc. reported an operating income of 116.41M and revenue of 753.05M, resulting in an operating margin of 15.5%.
ARCC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ares Capital Corporation reported an operating income of 394.00M and revenue of 581.00M, resulting in an operating margin of 67.8%.
OWL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Blue Owl Capital Inc. reported a net income of 60.66M and revenue of 753.05M, resulting in a net margin of 8.1%.
ARCC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ares Capital Corporation reported a net income of 171.00M and revenue of 581.00M, resulting in a net margin of 29.4%.
Frequently Asked Questions
OWL and ARCC have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OWL has higher volatility (11.24%) compared to ARCC (4.33%). In terms of maximum drawdown, OWL dropped -67.10% vs ARCC's -79.36%.
ARCC currently has the higher Sharpe Ratio (-0.46 vs -0.96), 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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