MXI vs ARDC

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

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

MXI vs ARDC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

MXI

$325M

ARDC

$325M

Expense Ratio

MXI

0.39%

ARDC

N/A

Max Drawdown

MXI

68.65%

Winner

ARDC

57.11%

Sharpe Ratio

Winner

MXI

1.20

ARDC

-0.51

5Y Beta

MXI

0.80

Winner

ARDC

0.37

5Y Dividends CAGR

Winner

MXI

14.71%

ARDC

2.90%

MXI vs ARDC - Historical Returns

Returns include dividend reinvestment.

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

MXI

-0.56%

Winner

ARDC

-0.55%

MXI

-0.06%

Winner

ARDC

+3.58%

Winner

MXI

+16.16%

ARDC

-1.98%

Winner

MXI

+28.97%

ARDC

-2.11%

5Y(CAGR)

Winner

MXI

+5.78%

ARDC

+4.80%

10Y(CAGR)

Winner

MXI

+10.93%

ARDC

+8.20%

Max(CAGR)

Winner

MXI

+6.56%

ARDC

+5.50%

MXI vs ARDC - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

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

MXI vs ARDC Drawdown Comparison

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

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

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

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

Correlation

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

0.93

-101

Dividend Comparison (2006 - 2026)

MXI vs ARDC dividend yield comparison.

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