ANIX vs. ARIS

Last updated Jun 24, 2026

ANIX (Anixa Biosciences, Inc.) and ARIS (Aris Water Solutions, Inc.) are both stocks. ANIX operates in Diagnostics & Research (Healthcare), while ARIS operates in Utilities - Regulated Water (Utilities). Over the past 3 years, ANIX returned -6.62%/yr vs 88.58%/yr for ARIS. At a 0.11 correlation, their price movements are largely independent.

Performance

ANIX vs. ARIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Anixa Biosciences, Inc. (ANIX) and Aris Water Solutions, Inc. (ARIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ANIX achieves a -11.54% return, which is significantly lower than ARIS's -2.90% return.

ANIX

• 1D: -0.36%
• 1M: -1.08%
• YTD: -11.54%
• 6M: -16.36%
• 1Y: -20.92%
• 3Y*: -6.62%
• 5Y*: -6.92%
• 10Y*: -1.34%

ARIS

• 1D: -4.14%
• 1M: -8.58%
• YTD: -2.90%
• 6M: -4.08%
• 1Y: 130.75%
• 3Y*: 88.58%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ANIX vs. ARIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ANIX Anixa Biosciences, Inc.	-11.54%	34.48%	-40.21%	-8.71%	43.10%	-31.41%
ARIS Aris Water Solutions, Inc.	-2.90%	363.71%	6.54%	31.93%	-39.60%	1.33%

Correlation

The correlation between ANIX and ARIS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021	0.11

Fundamentals

Market Cap ANIX : $92.72M ARIS : $3.30B
EPS ANIX : -$0.23 ARIS : $0.87
PB Ratio ANIX : 6.41 ARIS : 2.10
Total Revenue (TTM) ANIX : $0.00 ARIS : $1.14B
Gross Profit (TTM) ANIX : -$19.00K ARIS : $612.94M
EBITDA (TTM) ANIX : -$10.68M ARIS : $432.53M

Return for Risk

ANIX vs. ARIS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ANIX

ANIX Risk / Return Rank: 31
ANIX Sharpe Ratio Rank: 29
ANIX Sortino Ratio Rank: 32
ANIX Omega Ratio Rank: 32
ANIX Calmar Ratio Rank: 30
ANIX Martin Ratio Rank: 31

ARIS

ARIS Risk / Return Rank: 91
ARIS Sharpe Ratio Rank: 94
ARIS Sortino Ratio Rank: 86
ARIS Omega Ratio Rank: 88
ARIS Calmar Ratio Rank: 91
ARIS Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ANIX vs. ARIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Anixa Biosciences, Inc. (ANIX) and Aris Water Solutions, Inc. (ARIS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ANIX	ARIS	Difference
Sharpe ratio: Return per unit of total volatility	-0.30	2.71	-3.01
Sortino ratio: Return per unit of downside risk	0.02	2.74	-2.72
Omega ratio: Gain probability vs. loss probability	1.00	1.38	-0.38
Calmar ratio: Return relative to maximum drawdown	-0.38	4.68	-5.06
Martin ratio: Return relative to average drawdown	-0.64	15.15	-15.79

ANIX vs. ARIS - Sharpe Ratio Comparison

The current ANIX Sharpe Ratio is -0.30, which is lower than the ARIS Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of ANIX and ARIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ANIX vs. ARIS - Drawdown Comparison

The maximum ANIX drawdown since its inception was -98.74%, which is greater than ARIS's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for ANIX and ARIS.

Drawdown Indicators

	ANIX	ARIS	Difference
Max Drawdown Largest peak-to-trough decline	-98.74%	-57.98%	-40.76%
Max Drawdown (1Y) Largest decline over 1 year	-54.98%	-34.32%	-20.66%
Max Drawdown (3Y) Largest decline over 3 years	-57.57%	-34.46%	-23.11%
Max Drawdown (5Y) Largest decline over 5 years	-65.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-91.11%	—	—
Current Drawdown Current decline from peak	-94.19%	-27.21%	-66.98%
Average Drawdown Average peak-to-trough decline	-77.39%	-22.67%	-54.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.91%	9.99%	+22.92%

Volatility

ANIX vs. ARIS - Volatility Comparison

The current volatility for Anixa Biosciences, Inc. (ANIX) is 16.54%, while Aris Water Solutions, Inc. (ARIS) has a volatility of 21.23%. This indicates that ANIX experiences smaller price fluctuations and is considered to be less risky than ARIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ANIX	ARIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.54%	21.23%	-4.69%
Volatility (6M) Calculated over the trailing 6-month period	34.99%	46.19%	-11.20%
Volatility (1Y) Calculated over the trailing 1-year period	70.37%	59.25%	+11.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.09%	53.19%	+17.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.68%	53.19%	+40.49%

Dividends

ANIX vs. ARIS - Dividend Comparison

Neither ANIX nor ARIS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
ANIX Anixa Biosciences, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ARIS Aris Water Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	3.84%	0.85%

Financials

Frequently Asked Questions

Can I hold both ANIX and ARIS in my portfolio?

ANIX and ARIS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ANIX or ARIS?

ARIS has higher volatility (21.23%) compared to ANIX (16.54%). In terms of maximum drawdown, ANIX dropped -98.74% vs ARIS's -57.98%.

Which has better risk-adjusted returns?

ARIS currently has the higher Sharpe Ratio (2.71 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.