AR vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Antero Resources Corporation (AR) and S&P 500 Index (^GSPC).

Performance

AR vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Antero Resources Corporation (AR) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

AR vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AR Antero Resources Corporation	18.57%	-1.68%	54.54%	-26.82%	77.09%	221.10%	91.23%	-69.65%	-50.58%	-19.66%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, AR achieves a 18.57% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, AR has underperformed ^GSPC with an annualized return of 5.13%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

AR

• 1D: -3.72%
• 1M: 10.19%
• YTD: 18.57%
• 6M: 16.81%
• 1Y: -0.15%
• 3Y*: 20.96%
• 5Y*: 30.34%
• 10Y*: 5.13%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

AR vs. ^GSPC — Risk / Return Rank

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

AR

AR Risk / Return Rank: 38
AR Sharpe Ratio Rank: 39
AR Sortino Ratio Rank: 35
AR Omega Ratio Rank: 36
AR Calmar Ratio Rank: 41
AR Martin Ratio Rank: 41

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

AR vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Antero Resources Corporation (AR) and S&P 500 Index (^GSPC). 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.

	AR	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.00	0.92	-0.92
Sortino ratio Return per unit of downside risk	0.29	1.41	-1.12
Omega ratio Gain probability vs. loss probability	1.04	1.21	-0.18
Calmar ratio Return relative to maximum drawdown	0.03	1.41	-1.38
Martin ratio Return relative to average drawdown	0.05	6.61	-6.56
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AR vs. ^GSPC - Sharpe Ratio Comparison

The current AR Sharpe Ratio is -0.00, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of AR and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AR	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	0.92	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.61	0.00
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.68	-0.60
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.46	-0.49

Correlation

The correlation between AR and ^GSPC is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

AR vs. ^GSPC - Drawdown Comparison

The maximum AR drawdown since its inception was -99.01%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for AR and ^GSPC.

Drawdown Indicators

	AR	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-99.01%	-56.78%	-42.23%
Max Drawdown (1Y) Largest decline over 1 year	-31.77%	-12.14%	-19.63%
Max Drawdown (5Y) Largest decline over 5 years	-58.39%	-25.43%	-32.96%
Max Drawdown (10Y) Largest decline over 10 years	-97.78%	-33.92%	-63.86%
Current Drawdown Current decline from peak	-39.39%	-5.78%	-33.61%
Average Drawdown Average peak-to-trough decline	-61.61%	-10.75%	-50.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.20%	2.60%	+17.60%

Volatility

AR vs. ^GSPC - Volatility Comparison

Antero Resources Corporation (AR) has a higher volatility of 11.88% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that AR's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AR	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.88%	5.37%	+6.51%
Volatility (6M) Calculated over the trailing 6-month period	30.00%	9.55%	+20.45%
Volatility (1Y) Calculated over the trailing 1-year period	44.55%	18.33%	+26.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.27%	16.90%	+32.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.77%	18.05%	+42.72%