AR vs. CL=F

Last updated Apr 2, 2026

Compare and contrast key facts about Antero Resources Corporation (AR) and Crude Oil WTI (CL=F).

Performance

AR vs. CL=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Antero Resources Corporation (AR) and Crude Oil WTI (CL=F). The values are adjusted to include any dividend payments, if applicable.

AR vs. CL=F - 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%
CL=F Crude Oil WTI	72.26%	-19.41%	-0.82%	-10.70%	7.44%	53.98%	-19.98%	32.92%	-24.35%	12.51%

Returns By Period

In the year-to-date period, AR achieves a 18.57% return, which is significantly lower than CL=F's 72.26% return. Over the past 10 years, AR has underperformed CL=F with an annualized return of 5.13%, while CL=F has yielded a comparatively higher 10.40% 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%

CL=F

• 1D: -2.44%
• 1M: 38.86%
• YTD: 72.26%
• 6M: 60.10%
• 1Y: 38.92%
• 3Y*: 9.28%
• 5Y*: 9.98%
• 10Y*: 10.40%

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

Return for Risk

AR vs. CL=F — 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

CL=F

CL=F Risk / Return Rank: 29
CL=F Sharpe Ratio Rank: 29
CL=F Sortino Ratio Rank: 39
CL=F Omega Ratio Rank: 22
CL=F Calmar Ratio Rank: 37
CL=F Martin Ratio Rank: 17

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. CL=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Antero Resources Corporation (AR) and Crude Oil WTI (CL=F). 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	CL=F	Difference
Sharpe ratio Return per unit of total volatility	-0.00	0.83	-0.83
Sortino ratio Return per unit of downside risk	0.29	1.35	-1.05
Omega ratio Gain probability vs. loss probability	1.04	1.18	-0.15
Calmar ratio Return relative to maximum drawdown	0.03	2.08	-2.05
Martin ratio Return relative to average drawdown	0.05	3.45	-3.40
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. CL=F - Sharpe Ratio Comparison

The current AR Sharpe Ratio is -0.00, which is lower than the CL=F Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of AR and CL=F, 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	CL=F	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.00	0.83	-0.83
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.62	0.26	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.20	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.07	-0.10

Correlation

The correlation between AR and CL=F is 0.36, 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. CL=F - Drawdown Comparison

The maximum AR drawdown since its inception was -99.01%, which is greater than CL=F's maximum drawdown of -92.04%. Use the drawdown chart below to compare losses from any high point for AR and CL=F.

Drawdown Indicators

	AR	CL=F	Difference
Max Drawdown Largest peak-to-trough decline	-99.01%	-92.04%	-6.97%
Max Drawdown (1Y) Largest decline over 1 year	-31.77%	-27.07%	-4.70%
Max Drawdown (5Y) Largest decline over 5 years	-58.39%	-53.86%	-4.53%
Max Drawdown (10Y) Largest decline over 10 years	-97.78%	-84.82%	-12.96%
Current Drawdown Current decline from peak	-39.39%	-31.92%	-7.47%
Average Drawdown Average peak-to-trough decline	-61.61%	-40.84%	-20.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.20%	16.32%	+3.88%

Volatility

AR vs. CL=F - Volatility Comparison

The current volatility for Antero Resources Corporation (AR) is 11.88%, while Crude Oil WTI (CL=F) has a volatility of 27.34%. This indicates that AR experiences smaller price fluctuations and is considered to be less risky than CL=F based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AR	CL=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.88%	27.34%	-15.46%
Volatility (6M) Calculated over the trailing 6-month period	30.00%	33.40%	-3.40%
Volatility (1Y) Calculated over the trailing 1-year period	44.55%	41.12%	+3.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	49.27%	36.54%	+12.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.77%	48.71%	+12.06%