ETF Comparison
ARCC vs OBDC: Which Is the Better Pick in 2026?
A head-to-head comparison of Ares Capital Corporation and Blue Owl Capital Corporation covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| ARCC | OBDC | |
|---|---|---|
| Full name | Ares Capital Corporation | Blue Owl Capital Corporation |
| Issuer | — | Blue Owl Capital |
| Price | $17.73 | $10.76 |
| Distribution yield | — | — |
| Expense ratio | — | — |
| AUM | — | — |
| Distribution frequency | — | Quarterly |
| Underlying index | — | — |
| Objective | — | A specialty finance company that provides direct lending solutions to U.S. middle market companies, investing primarily in senior secured first lien and unitranche loans. |
| Asset class | Equity | Equity |
| Inception date | — | — |
| Beta | — | — |
| Last dividend | $0.48 | $0.37 |
| Ex-dividend date | 03/13/2026 | 03/31/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
ARCC (Ares Capital Corporation) and OBDC (Blue Owl Capital Corporation) are both popular -pay income ETFs, but they take different approaches.
OBDC is the larger fund by assets (—), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, ARCC would generate roughly $0.00/month while OBDC would produce $0.00/month at current distribution rates. Both pay distributions.
Cost & efficiency
Over 10 years on $10,000, ARCC would cost approximately $0 in fees vs $0 for OBDC (simplified, not compounded). Both charge the same expense ratio.
Strategy & risk
ARCC tracks — with a — approach, while OBDC tracks — using a a specialty finance company that provides direct lending solutions to u.s. middle market companies, investing primarily in senior secured first lien and unitranche loans. strategy.
Fund details
ARCC is managed by — (launched —) with — in assets. OBDC is managed by Blue Owl Capital (launched —) with — in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is ARCC or OBDC better for dividend income?
It depends on your goals. ARCC currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between ARCC and OBDC?
ARCC (Ares Capital Corporation) tracks — with a — strategy, while OBDC (Blue Owl Capital Corporation) tracks — with a a specialty finance company that provides direct lending solutions to u.s. middle market companies, investing primarily in senior secured first lien and unitranche loans. approach. They are issued by — and Blue Owl Capital respectively.
Can I hold both ARCC and OBDC?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, ARCC or OBDC?
ARCC has an expense ratio of — while OBDC charges —. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in ARCC vs OBDC generate?
At current yields, $10,000 in ARCC would generate roughly $0.00 per month ($0.00 annually). The same in OBDC would produce about $0.00 per month ($0.00 annually).
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