ARA.TO vs. ELEZY

Last updated Jun 4, 2026

ARA.TO (Aclara Resources Inc.) and ELEZY (Endesa SA ADR) are both stocks. ARA.TO operates in Other Industrial Metals & Mining (Basic Materials), while ELEZY operates in Utilities - Regulated Electric (Utilities). Over the past 3 years, ARA.TO returned 114.21%/yr vs 32.71%/yr for ELEZY. At a 0.02 correlation, their price movements are largely independent.

Performance

ARA.TO vs. ELEZY - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Aclara Resources Inc. (ARA.TO) and Endesa SA ADR (ELEZY). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

ARA.TO is traded in CAD, while ELEZY is traded in USD. To make them comparable, the ELEZY values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ARA.TO achieves a 113.89% return, which is significantly higher than ELEZY's 19.53% return.

ARA.TO

• 1D: -3.75%
• 1M: -1.91%
• YTD: 113.89%
• 6M: 72.39%
• 1Y: 477.50%
• 3Y*: 114.21%
• 5Y*: —
• 10Y*: —

ELEZY

• 1D: 0.56%
• 1M: -4.03%
• YTD: 19.53%
• 6M: 17.60%
• 1Y: 45.09%
• 3Y*: 32.71%
• 5Y*: 19.41%
• 10Y*: —

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

ARA.TO vs. ELEZY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ARA.TO Aclara Resources Inc.	113.89%	380.00%	-10.00%	56.25%	-77.78%	-10.00%
ELEZY Endesa SA ADR	19.53%	67.74%	19.21%	16.83%	-8.54%	6.25%

Correlation

The correlation between ARA.TO and ELEZY is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.02
Correlation (All Time) Calculated using the full available price history since Dec 13, 2021	0.02

Fundamentals

Market Cap ARA.TO : CA$1.02B ELEZY : $43.21B
EPS ARA.TO : -CA$0.05 ELEZY : $1.11
PB Ratio ARA.TO : 6.71 ELEZY : 5.04
Total Revenue (TTM) ARA.TO : CA$0.00 ELEZY : $21.28B
Gross Profit (TTM) ARA.TO : -CA$1.03M ELEZY : $1.31B
EBITDA (TTM) ARA.TO : -CA$9.35M ELEZY : $1.08B

Return for Risk

ARA.TO vs. ELEZY — Risk / Return Rank

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

ARA.TO

ARA.TO Risk / Return Rank: 95
ARA.TO Sharpe Ratio Rank: 98
ARA.TO Sortino Ratio Rank: 93
ARA.TO Omega Ratio Rank: 91
ARA.TO Calmar Ratio Rank: 97
ARA.TO Martin Ratio Rank: 95

ELEZY

ELEZY Risk / Return Rank: 83
ELEZY Sharpe Ratio Rank: 83
ELEZY Sortino Ratio Rank: 79
ELEZY Omega Ratio Rank: 76
ELEZY Calmar Ratio Rank: 88
ELEZY Martin Ratio Rank: 89

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.

ARA.TO vs. ELEZY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aclara Resources Inc. (ARA.TO) and Endesa SA ADR (ELEZY). 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.

	ARA.TO	ELEZY	Difference
Sharpe ratio: Return per unit of total volatility	4.27	1.70	+2.57
Sortino ratio: Return per unit of downside risk	3.78	2.34	+1.43
Omega ratio: Gain probability vs. loss probability	1.46	1.28	+0.17
Calmar ratio: Return relative to maximum drawdown	8.93	4.50	+4.43
Martin ratio: Return relative to average drawdown	19.00	11.24	+7.75
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARA.TO vs. ELEZY - Sharpe Ratio Comparison

The current ARA.TO Sharpe Ratio is 4.27, which is higher than the ELEZY Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ARA.TO and ELEZY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ARA.TO	ELEZY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.27	1.70	+2.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.51	-0.21

Drawdowns

ARA.TO vs. ELEZY - Drawdown Comparison

The maximum ARA.TO drawdown since its inception was -84.38%, which is greater than ELEZY's maximum drawdown of -45.34%. Use the drawdown chart below to compare losses from any high point for ARA.TO and ELEZY.

Drawdown Indicators

	ARA.TO	ELEZY	Difference
Max Drawdown Largest peak-to-trough decline	-84.38%	-45.34%	-39.04%
Max Drawdown (1Y) Largest decline over 1 year	-53.93%	-10.07%	-43.86%
Max Drawdown (3Y) Largest decline over 3 years	-53.93%	-19.57%	-34.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-37.49%	—
Current Drawdown Current decline from peak	-11.49%	-7.23%	-4.26%
Average Drawdown Average peak-to-trough decline	-57.30%	-13.56%	-43.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	25.30%	4.02%	+21.28%

Volatility

ARA.TO vs. ELEZY - Volatility Comparison

Aclara Resources Inc. (ARA.TO) has a higher volatility of 22.10% compared to Endesa SA ADR (ELEZY) at 7.78%. This indicates that ARA.TO's price experiences larger fluctuations and is considered to be riskier than ELEZY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARA.TO	ELEZY	Difference
Volatility (1M) Calculated over the trailing 1-month period	22.10%	7.78%	+14.32%
Volatility (6M) Calculated over the trailing 6-month period	63.37%	21.47%	+41.90%
Volatility (1Y) Calculated over the trailing 1-year period	112.95%	26.74%	+86.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.27%	30.94%	+60.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.27%	35.78%	+55.49%

Dividends

ARA.TO vs. ELEZY - Dividend Comparison

ARA.TO has not paid dividends to shareholders, while ELEZY's dividend yield for the trailing twelve months is around 3.72%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARA.TO Aclara Resources Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ELEZY Endesa SA ADR	3.72%	4.12%	2.49%	11.14%	5.31%	9.35%	2.10%	2.80%

Financials

Frequently Asked Questions

Can I hold both ARA.TO and ELEZY in my portfolio?

ARA.TO and ELEZY have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.