T vs. ARCC
T (AT&T Inc.) and ARCC (Ares Capital Corporation) are both stocks. T operates in Telecom Services (Communication Services), while ARCC operates in Asset Management (Financial Services). Over the past 10 years, T returned 2.86%/yr vs 12.83%/yr for ARCC. At a 0.33 correlation, their price movements are largely independent.
Performance
T vs. ARCC - Performance Comparison
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Returns By Period
In the year-to-date period, T achieves a -7.40% return, which is significantly lower than ARCC's -4.69% return. Over the past 10 years, T has underperformed ARCC with an annualized return of 2.86%, while ARCC has yielded a comparatively higher 12.83% annualized return.
T
- 1D
- -1.10%
- 1M
- -10.57%
- YTD
- -7.40%
- 6M
- -7.40%
- 1Y
- -16.38%
- 3Y*
- 18.39%
- 5Y*
- 6.60%
- 10Y*
- 2.86%
ARCC
- 1D
- -0.11%
- 1M
- -1.26%
- YTD
- -4.69%
- 6M
- -6.11%
- 1Y
- -7.10%
- 3Y*
- 9.21%
- 5Y*
- 8.47%
- 10Y*
- 12.83%
T vs. ARCC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
T AT&T Inc. | -7.40% | 13.97% | 44.08% | -2.74% | 5.76% | -8.09% | -21.37% | 45.55% | -22.25% | -4.01% |
ARCC Ares Capital Corporation | -4.69% | 1.07% | 19.78% | 20.03% | -3.84% | 36.14% | 0.86% | 31.30% | 8.81% | 4.50% |
Correlation
The correlation between T and ARCC is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2004 | 0.33 |
Over the past year, the correlation between T and ARCC has dropped to 0.04 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
T:
$3.04
ARCC:
$1.63
T:
7.39
ARCC:
11.51
T:
0.31
ARCC:
1.72
T:
1.29
ARCC:
5.03
T:
$125.65B
ARCC:
$2.63B
T:
$105.41B
ARCC:
$1.86B
T:
$54.70B
ARCC:
$2.05B
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Return for Risk
T vs. ARCC — Risk / Return Rank
T
ARCC
T vs. ARCC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AT&T Inc. (T) 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.
| T | ARCC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.56 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.95 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | -0.37 | -0.38 |
| Martin ratioReturn relative to average drawdown | -1.59 | -0.67 | -0.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| T | ARCC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.75 | -0.39 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.43 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 0.50 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.37 | 0.00 |
Drawdowns
T vs. ARCC - Drawdown Comparison
The maximum T drawdown since its inception was -64.15%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for T and ARCC.
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Drawdown Indicators
| T | ARCC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.15% | -79.36% | +15.21% |
Max Drawdown (1Y)Largest decline over 1 year | -21.87% | -19.35% | -2.52% |
Max Drawdown (3Y)Largest decline over 3 years | -21.87% | -19.35% | -2.52% |
Max Drawdown (5Y)Largest decline over 5 years | -32.01% | -21.76% | -10.25% |
Max Drawdown (10Y)Largest decline over 10 years | -42.35% | -56.77% | +14.42% |
Current DrawdownCurrent decline from peak | -21.87% | -13.24% | -8.63% |
Average DrawdownAverage peak-to-trough decline | -15.72% | -9.10% | -6.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.34% | 10.58% | -0.24% |
Volatility
T vs. ARCC - Volatility Comparison
AT&T Inc. (T) has a higher volatility of 7.50% compared to Ares Capital Corporation (ARCC) at 3.82%. This indicates that T'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
| T | ARCC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.50% | 3.82% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 17.57% | 14.73% | +2.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.98% | 18.45% | +3.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.97% | 19.97% | +4.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.71% | 25.59% | -1.88% |
Dividends
T vs. ARCC - Dividend Comparison
T's dividend yield for the trailing twelve months is around 4.93%, 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% |
T AT&T Inc. | 4.93% | 4.47% | 4.87% | 6.62% | 6.66% | 8.46% | 7.23% | 5.22% | 7.01% | 5.04% | 4.51% | 5.46% |
Financials
T vs. ARCC - Financials Comparison
This section allows you to compare key financial metrics between AT&T 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
Frequently Asked Questions
T and ARCC have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
T has higher volatility (7.50%) compared to ARCC (3.82%). In terms of maximum drawdown, T dropped -64.15% vs ARCC's -79.36%.
ARCC currently has the higher Sharpe Ratio (-0.39 vs -0.75), 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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