Here is what Alliant said to Accurate Shooter when it was first introduced:
http://bulletin.accurateshooter.com/2011/03/new-ar-comp-powder-from-alliant-details-revealed/
ie that it's a modified form of Re15, and it's a bit quicker than that powder making it similar to H. VarGet, actually slightly slower. As others have said though, actual loads suggest it's rather quicker burning than that, so I thought I'd have a look at Alliant and Sierra data for the 224 Valkyrie with the 90gn SMK. Being a new cartridge, the data tables should be comparable in that they'll all be recent, and with Federal brass being first on the scene for the Valkyrie, it is another common feature.
Alliant gives a max charge of AR-Comp of 22.7gn AR-Comp for 2,574 fps MV, and 25.2gn Re15 for 2,679 fps suggesting that AR-Comp is significantly quicker, not 'slightly'. MVs are for a 24-inch barrel.
Sierra's datasets also use Federal brass and a 24-inch barrel. Its max for AR-Comp is a low 20.5gn and a disappointing 2,400 fps. The nearest equivalent load here to the Alliant data is 22.5gn H4895 (maximum) for 2,500 fps.
Varget appears to be significantly 'slower' than AR-Comp in this table in terms of maximum / achievable MVs, but even when comparable MVs (ie 2,400) are looked at, the Hodgdon powder needs an extra 1.6gn to get there. Even H4895's 2,400 fps (below maximum) charge weight is above AR-Comp's at 21.4gn, 1.1gn higher.
Burning rate isn't a fixed metric and can vary between cartridges, so data for others might change this, but it does seem on the face of it to be quicker than Alliant originally stated.
Interestingly, Sierra uses the convention of quickest powder at the top of the table, slowest at the bottom. It slots AR-Comp in between VarGet (quicker) and IMR-4166 (slower). That in itself is a slight puzzle as I've always seen 4166 as quicker than VarGet.
https://sierrabullets.files.wordpress.com/2018/03/224-valkyrie1.pdf