ARDC vs TDF

Comparison between Ares Dynamic Credit Allocation Fund Inc (ARDC, ETF) and Templeton Dragon Fund Inc (TDF, ETF).

5-Year PerformanceARDC has outperformed TDF, delivering a return of +5.3% compared to -8.4%

ARDC vs TDF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARDC(ETF)	TDF(ETF)
Net Assets	$322M	$321M
Max Drawdown	57.11%	80.16%
Sharpe Ratio	-0.57	0.39
5Y Beta	0.38	0.54
5Y Dividends CAGR	2.90%	-39.97%

Net Assets

Winner

ARDC

$322M

TDF

$321M

Max Drawdown

Winner

ARDC

57.11%

TDF

80.16%

Sharpe Ratio

ARDC

-0.57

Winner

TDF

0.39

5Y Beta

Winner

ARDC

0.38

TDF

0.54

5Y Dividends CAGR

Winner

ARDC

2.90%

TDF

-39.97%

ARDC vs TDF - Historical Returns

Returns include dividend reinvestment.

Period	ARDC	TDF
1 month	+0.58%	+0.95%
3 months	+3.95%	-3.67%
6 months	-2.14%	-5.82%
1 year	-2.76%	+9.47%
5 years(CAGR)	+5.25%	-8.42%
10 years(CAGR)	+8.24%	+4.43%
Max(CAGR)	+5.61%	+10.36%

ARDC

+0.58%

Winner

TDF

+0.95%

Winner

ARDC

+3.95%

TDF

-3.67%

Winner

ARDC

-2.14%

TDF

-5.82%

ARDC

-2.76%

Winner

TDF

+9.47%

5Y(CAGR)

Winner

ARDC

+5.25%

TDF

-8.42%

10Y(CAGR)

Winner

ARDC

+8.24%

TDF

+4.43%

Max(CAGR)

ARDC

+5.61%

Winner

TDF

+10.36%

ARDC vs TDF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ARDC	TDF
2026	+0.31%	-5.34%
2025	-3.74%	+39.46%
2024	+19.73%	+7.27%
2023	+31.58%	-22.26%
2022	-21.58%	-33.30%
2021	+23.06%	-18.29%
2020	+2.84%	+47.84%
2019	+19.70%	+28.46%
2018	-8.99%	-12.48%
2017	+17.00%	+40.43%
2016	+23.95%	+2.68%
2015	-7.90%	-9.97%
2014	-5.03%	+10.33%
2013	-3.23%	-5.53%
2012	+0.05%	+16.74%
2011	N/A	-11.66%
2010	N/A	+18.51%
2009	N/A	+56.73%
2008	N/A	-38.63%
2007	N/A	+29.15%
2006	N/A	+49.59%
2005	N/A	+17.89%
2004	N/A	-4.02%
2003	N/A	+105.30%
2002	N/A	+21.17%
2001	N/A	+16.16%
2000	N/A	-15.70%
1999	N/A	+23.89%

ARDC vs TDF Drawdown Comparison

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

The maximum drawdown for TDF was -66.88%, occurring on Feb 2, 2024. This drawdown has not yet recovered.

The current ARDC drawdown is -7.33%. The current TDF drawdown is -46.74%.

Rank	ARDC	TDF
#1	-45.40% Feb 21, 2020 - Jan 19, 2021	-66.88% Feb 17, 2021 - Feb 2, 2024
#2	-26.47% Jan 6, 2022 - Dec 19, 2023	-61.05% Oct 31, 2007 - Oct 5, 2010
#3	-24.69% May 13, 2013 - Dec 7, 2016	-39.37% Jan 5, 2004 - Jul 21, 2005
#4	-19.78% Feb 11, 2025 - Sep 5, 2025	-34.62% Apr 28, 2015 - Jul 11, 2017
#5	-16.92% May 21, 2018 - May 24, 2019	-33.00% May 8, 2006 - Dec 18, 2006
#6	-15.57% Sep 12, 2025 - Mar 30, 2026	-30.39% Jun 12, 2001 - Apr 23, 2002
#7	-6.37% Sep 22, 2021 - Dec 31, 2021	-29.56% Jan 16, 2020 - Jun 23, 2020
#8	-4.58% Dec 10, 2012 - Mar 28, 2013	-26.65% Jan 26, 2018 - Jan 2, 2020
#9	-4.08% May 15, 2024 - Jun 6, 2024	-24.73% Apr 8, 2011 - Dec 31, 2012
#10	-3.86% Aug 1, 2024 - Aug 16, 2024	-24.09% Jun 3, 2002 - Jan 14, 2003
#11	-3.72% Dec 2, 2024 - Feb 3, 2025	-22.30% Oct 28, 2003 - Dec 29, 2003
#12	-3.61% Jul 16, 2019 - Dec 17, 2019	-22.09% Jan 3, 2000 - Jan 31, 2001
#13	-3.50% Oct 24, 2017 - Nov 24, 2017	-21.68% Jan 16, 2007 - Jun 18, 2007
#14	-3.40% Jul 13, 2021 - Aug 10, 2021	-20.66% Feb 1, 2013 - Sep 9, 2014
#15	-3.22% Apr 1, 2024 - May 3, 2024	-18.02% Jul 12, 2007 - Sep 12, 2007

Correlation

Correlation between ARDC and TDF is 0.35 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.35

-101

Dividend Comparison (1999 - 2026)

ARDC vs TDF dividend yield comparison.

Year	ARDC	TDF
2026	6.28%	2.31%
2025	10.19%	3.55%
2024	9.33%	1.36%
2023	9.85%	0.00%
2022	10.31%	12.73%
2021	7.16%	14.13%
2020	8.40%	24.72%
2019	8.40%	10.75%
2018	9.35%	12.43%
2017	7.58%	7.95%
2016	8.45%	10.34%
2015	10.51%	22.49%
2014	8.87%	17.94%
2013	7.81%	6.44%
2012	0.00%	5.18%
2011	0.00%	8.81%
2010	0.00%	5.74%
2009	0.00%	3.39%
2008	0.00%	9.79%
2007	0.00%	10.49%
2006	0.00%	10.18%
2005	0.00%	4.73%
2004	0.00%	3.21%
2003	0.00%	3.21%
2002	0.00%	1.91%
2001	0.00%	13.22%
2000	0.00%	16.14%
1999	0.00%	3.06%