PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
WHF vs. ARCC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

WHF vs. ARCC - Performance Comparison

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

-10.00%-5.00%0.00%5.00%JuneJulyAugustSeptemberOctoberNovember
-13.32%
6.55%
WHF
ARCC

Returns By Period

In the year-to-date period, WHF achieves a -4.15% return, which is significantly lower than ARCC's 16.85% return. Over the past 10 years, WHF has underperformed ARCC with an annualized return of 10.91%, while ARCC has yielded a comparatively higher 13.38% annualized return.


WHF

YTD

-4.15%

1M

-9.75%

6M

-13.31%

1Y

-1.88%

5Y (annualized)

6.44%

10Y (annualized)

10.91%

ARCC

YTD

16.85%

1M

0.83%

6M

6.55%

1Y

21.51%

5Y (annualized)

13.70%

10Y (annualized)

13.38%

Fundamentals


WHFARCC
Market Cap$246.14M$14.01B
EPS$0.45$2.60
PE Ratio23.538.34
PEG Ratio1.013.95
Total Revenue (TTM)$79.68M$2.46B
Gross Profit (TTM)$85.70M$2.10B
EBITDA (TTM)$46.68M$897.00M

Key characteristics


WHFARCC
Sharpe Ratio-0.211.93
Sortino Ratio-0.172.70
Omega Ratio0.981.35
Calmar Ratio-0.273.16
Martin Ratio-0.7313.41
Ulcer Index5.02%1.64%
Daily Std Dev17.50%11.39%
Max Drawdown-57.48%-79.36%
Current Drawdown-13.71%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.3

The correlation between WHF and ARCC is 0.34, 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

WHF vs. ARCC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WhiteHorse Finance, Inc. (WHF) 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 WHF, currently valued at -0.21, compared to the broader market-4.00-2.000.002.004.00-0.211.93
The chart of Sortino ratio for WHF, currently valued at -0.17, compared to the broader market-4.00-2.000.002.004.00-0.172.70
The chart of Omega ratio for WHF, currently valued at 0.98, compared to the broader market0.501.001.502.000.981.35
The chart of Calmar ratio for WHF, currently valued at -0.27, compared to the broader market0.002.004.006.00-0.273.16
The chart of Martin ratio for WHF, currently valued at -0.73, compared to the broader market-10.000.0010.0020.0030.00-0.7313.41
WHF
ARCC

The current WHF Sharpe Ratio is -0.21, which is lower than the ARCC Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of WHF 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 Ratio0.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
-0.21
1.93
WHF
ARCC

Dividends

WHF vs. ARCC - Dividend Comparison

WHF's dividend yield for the trailing twelve months is around 16.95%, more than ARCC's 8.80% yield.


TTM20232022202120202019201820172016201520142013
WHF
WhiteHorse Finance, Inc.
16.95%12.60%11.26%10.03%11.35%11.79%11.16%13.23%11.67%12.37%12.29%9.40%
ARCC
Ares Capital Corporation
8.80%9.59%10.12%7.65%9.47%9.01%9.88%9.67%9.22%11.02%10.06%8.84%

Drawdowns

WHF vs. ARCC - Drawdown Comparison

The maximum WHF drawdown since its inception was -57.48%, smaller than the maximum ARCC drawdown of -79.36%. Use the drawdown chart below to compare losses from any high point for WHF and ARCC. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-13.71%
0
WHF
ARCC

Volatility

WHF vs. ARCC - Volatility Comparison

WhiteHorse Finance, Inc. (WHF) has a higher volatility of 6.80% compared to Ares Capital Corporation (ARCC) at 3.34%. This indicates that WHF'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
6.80%
3.34%
WHF
ARCC

Financials

WHF vs. ARCC - Financials Comparison

This section allows you to compare key financial metrics between WhiteHorse Finance, 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.


Quarterly
Annual

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


Values in USD except per share items