ARDC vs MXI

Comparison between Ares Dynamic Credit Allocation Fund Inc (ARDC, ETF) and ISHARES GLOBAL MATERIALS ETF (MXI, ETF).

5-Year PerformanceMXI has outperformed ARDC, delivering a return of +5.8% compared to +4.8%

ARDC vs MXI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARDC(ETF)	MXI(ETF)
Net Assets	$325M	$325M
Expense Ratio	N/A	0.39%
Max Drawdown	57.11%	68.65%
Sharpe Ratio	-0.51	1.20
5Y Beta	0.37	0.80
5Y Dividends CAGR	2.90%	14.71%

Net Assets

ARDC

$325M

Winner

MXI

$325M

Expense Ratio

ARDC

N/A

MXI

0.39%

Max Drawdown

Winner

ARDC

57.11%

MXI

68.65%

Sharpe Ratio

ARDC

-0.51

Winner

MXI

1.20

5Y Beta

Winner

ARDC

0.37

MXI

0.80

5Y Dividends CAGR

ARDC

2.90%

Winner

MXI

14.71%

ARDC vs MXI - Historical Returns

Returns include dividend reinvestment.

Period	ARDC	MXI
1 month	-0.55%	-0.56%
3 months	+3.58%	-0.06%
6 months	-1.98%	+16.16%
1 year	-2.11%	+28.97%
5 years(CAGR)	+4.80%	+5.78%
10 years(CAGR)	+8.20%	+10.93%
Max(CAGR)	+5.50%	+6.56%

Winner

ARDC

-0.55%

MXI

-0.56%

Winner

ARDC

+3.58%

MXI

-0.06%

ARDC

-1.98%

Winner

MXI

+16.16%

ARDC

-2.11%

Winner

MXI

+28.97%

5Y(CAGR)

ARDC

+4.80%

Winner

MXI

+5.78%

10Y(CAGR)

ARDC

+8.20%

Winner

MXI

+10.93%

Max(CAGR)

ARDC

+5.50%

Winner

MXI

+6.56%

ARDC vs MXI - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	ARDC	MXI
2026	-1.78%	+10.91%
2025	-3.74%	+27.65%
2024	+19.73%	-7.48%
2023	+31.58%	+14.37%
2022	-21.58%	-8.61%
2021	+23.06%	+13.65%
2020	+2.84%	+22.08%
2019	+19.70%	+22.32%
2018	-8.99%	-17.31%
2017	+17.00%	+29.31%
2016	+23.95%	+25.67%
2015	-7.90%	-16.71%
2014	-5.03%	-7.30%
2013	-3.23%	-0.41%
2012	+0.05%	+7.02%
2011	N/A	-20.83%
2010	N/A	+16.37%
2009	N/A	+56.48%
2008	N/A	-48.27%
2007	N/A	+39.00%
2006	N/A	+16.65%

ARDC vs MXI Drawdown Comparison

The maximum drawdown for ARDC was -45.40%, occurring on Mar 18, 2020. Recovery took 229 trading sessions.

The maximum drawdown for MXI was -68.44%, occurring on Nov 20, 2008. Recovery took 2431 trading sessions.

The current ARDC drawdown is -9.26%. The current MXI drawdown is -6.83%.

Rank	ARDC	MXI
#1	-45.40% Feb 21, 2020 - Jan 19, 2021	-68.44% May 19, 2008 - Jan 12, 2018
#2	-26.47% Jan 6, 2022 - Dec 19, 2023	-39.50% Jan 26, 2018 - Aug 17, 2020
#3	-24.69% May 13, 2013 - Dec 7, 2016	-28.72% Apr 1, 2022 - Mar 20, 2024
#4	-19.78% Feb 11, 2025 - Sep 5, 2025	-22.25% Sep 26, 2024 - Sep 5, 2025
#5	-16.92% May 21, 2018 - May 24, 2019	-18.11% Oct 29, 2007 - Apr 16, 2008
#6	-15.57% Sep 12, 2025 - Mar 30, 2026	-17.47% Jul 23, 2007 - Sep 21, 2007
#7	-6.37% Sep 22, 2021 - Dec 31, 2021	-16.18% Feb 27, 2026 - Mar 20, 2026
#8	-4.58% Dec 10, 2012 - Mar 28, 2013	-11.52% May 7, 2021 - Mar 25, 2022
#9	-4.08% May 15, 2024 - Jun 6, 2024	-9.16% Feb 26, 2007 - Mar 21, 2007
#10	-3.86% Aug 1, 2024 - Aug 16, 2024	-8.99% May 20, 2024 - Sep 24, 2024
#11	-3.72% Dec 2, 2024 - Feb 3, 2025	-8.16% Sep 15, 2020 - Nov 6, 2020
#12	-3.61% Jul 16, 2019 - Dec 17, 2019	-7.95% Jan 7, 2021 - Mar 11, 2021
#13	-3.50% Oct 24, 2017 - Nov 24, 2017	-5.69% Oct 12, 2007 - Oct 29, 2007
#14	-3.40% Jul 13, 2021 - Aug 10, 2021	-5.56% Oct 20, 2025 - Nov 12, 2025
#15	-3.22% Apr 1, 2024 - May 3, 2024	-5.44% Nov 12, 2025 - Nov 28, 2025

Correlation

Correlation between ARDC and MXI is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2006 - 2026)

ARDC vs MXI dividend yield comparison.

Year	ARDC	MXI
2026	4.50%	0.00%
2025	10.19%	2.22%
2024	9.33%	3.24%
2023	9.85%	2.92%
2022	10.31%	4.84%
2021	7.16%	3.51%
2020	8.40%	1.21%
2019	8.40%	3.64%
2018	9.35%	2.77%
2017	7.58%	1.76%
2016	8.45%	1.31%
2015	10.51%	3.64%
2014	8.87%	2.32%
2013	7.81%	2.14%
2012	0.00%	2.09%
2011	0.00%	2.21%
2010	0.00%	1.64%
2009	0.00%	0.73%
2008	0.00%	2.67%
2007	0.00%	0.62%
2006	0.00%	0.29%