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AR vs. ITA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ARITA
YTD Return27.87%4.42%
1Y Return28.49%16.78%
3Y Return (Ann)42.39%9.55%
5Y Return (Ann)26.90%6.96%
10Y Return (Ann)-7.07%10.47%
Sharpe Ratio0.741.28
Daily Std Dev41.39%14.12%
Max Drawdown-98.97%-59.72%
Current Drawdown-55.32%0.00%

Correlation

0.31
-1.001.00

The correlation between AR and ITA is 0.31, 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.

Performance

AR vs. ITA - Performance Comparison

In the year-to-date period, AR achieves a 27.87% return, which is significantly higher than ITA's 4.42% return. Over the past 10 years, AR has underperformed ITA with an annualized return of -7.07%, while ITA has yielded a comparatively higher 10.47% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-50.00%0.00%50.00%100.00%150.00%200.00%OctoberNovemberDecember2024FebruaryMarch
-42.09%
221.11%
AR
ITA

Compare stocks, funds, or ETFs


Antero Resources Corporation

iShares U.S. Aerospace & Defense ETF

Risk-Adjusted Performance

AR vs. ITA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Antero Resources Corporation (AR) and iShares U.S. Aerospace & Defense ETF (ITA). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AR
Antero Resources Corporation
0.74
ITA
iShares U.S. Aerospace & Defense ETF
1.28

AR vs. ITA - Sharpe Ratio Comparison

The current AR Sharpe Ratio is 0.74, which is lower than the ITA Sharpe Ratio of 1.28. The chart below compares the 12-month rolling Sharpe Ratio of AR and ITA.


Rolling 12-month Sharpe Ratio-0.500.000.501.00OctoberNovemberDecember2024FebruaryMarch
0.74
1.28
AR
ITA

Dividends

AR vs. ITA - Dividend Comparison

AR has not paid dividends to shareholders, while ITA's dividend yield for the trailing twelve months is around 0.88%.


TTM20232022202120202019201820172016201520142013
AR
Antero Resources Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.58%0.99%2.20%0.00%0.00%
ITA
iShares U.S. Aerospace & Defense ETF
0.88%0.93%0.95%0.82%1.07%1.53%1.13%0.91%1.07%1.03%1.20%1.13%

Drawdowns

AR vs. ITA - Drawdown Comparison

The maximum AR drawdown since its inception was -98.97%, which is greater than ITA's maximum drawdown of -59.72%. The drawdown chart below compares losses from any high point along the way for AR and ITA


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-55.32%
0
AR
ITA

Volatility

AR vs. ITA - Volatility Comparison

Antero Resources Corporation (AR) has a higher volatility of 7.25% compared to iShares U.S. Aerospace & Defense ETF (ITA) at 2.69%. This indicates that AR's price experiences larger fluctuations and is considered to be riskier than ITA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%16.00%OctoberNovemberDecember2024FebruaryMarch
7.25%
2.69%
AR
ITA