ARES vs. MSTR
ARES (Ares Management Corporation) and MSTR (Strategy Inc) are both stocks. ARES operates in Asset Management (Financial Services), while MSTR operates in Software - Application (Technology). Over the past 10 years, ARES returned 31.19%/yr vs 20.92%/yr for MSTR. At a 0.31 correlation, their price movements are largely independent.
Performance
ARES vs. MSTR - Performance Comparison
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Returns By Period
In the year-to-date period, ARES achieves a -15.40% return, which is significantly higher than MSTR's -18.41% return. Over the past 10 years, ARES has outperformed MSTR with an annualized return of 31.19%, while MSTR has yielded a comparatively lower 20.92% annualized return.
ARES
- 1D
- 1.57%
- 1M
- 9.31%
- YTD
- -15.40%
- 6M
- -20.42%
- 1Y
- -15.88%
- 3Y*
- 16.02%
- 5Y*
- 21.68%
- 10Y*
- 31.19%
MSTR
- 1D
- 3.18%
- 1M
- -30.13%
- YTD
- -18.41%
- 6M
- -29.74%
- 1Y
- -67.62%
- 3Y*
- 63.46%
- 5Y*
- 19.14%
- 10Y*
- 20.92%
ARES vs. MSTR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | -15.40% | -5.72% | 52.68% | 79.52% | -12.75% | 77.75% | 37.37% | 110.13% | -5.54% | 10.72% |
MSTR Strategy Inc | -18.41% | -47.53% | 358.54% | 346.15% | -74.00% | 40.13% | 172.42% | 11.65% | -2.70% | -33.49% |
Correlation
The correlation between ARES and MSTR is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.40 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 2, 2014 | 0.31 |
Fundamentals
ARES:
$2.83
MSTR:
-$40.19
ARES:
4.71
MSTR:
77.72
ARES:
$6.31B
MSTR:
$490.47M
ARES:
$4.46B
MSTR:
$334.08M
ARES:
$2.42B
MSTR:
$466.93M
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Return for Risk
ARES vs. MSTR — Risk / Return Rank
ARES
MSTR
ARES vs. MSTR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Management Corporation (ARES) and Strategy Inc (MSTR). 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.
| ARES | MSTR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.34 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.82 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | -0.88 | +0.51 |
| Martin ratioReturn relative to average drawdown | -0.72 | -1.27 | +0.55 |
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Drawdowns
ARES vs. MSTR - Drawdown Comparison
The maximum ARES drawdown since its inception was -49.73%, smaller than the maximum MSTR drawdown of -99.86%. Use the drawdown chart below to compare losses from any high point for ARES and MSTR.
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Drawdown Indicators
| ARES | MSTR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.73% | -99.86% | +50.13% |
Max Drawdown (1Y)Largest decline over 1 year | -49.05% | -76.53% | +27.48% |
Max Drawdown (3Y)Largest decline over 3 years | -49.73% | -77.42% | +27.69% |
Max Drawdown (5Y)Largest decline over 5 years | -49.73% | -84.11% | +34.38% |
Max Drawdown (10Y)Largest decline over 10 years | -49.73% | -89.27% | +39.54% |
Current DrawdownCurrent decline from peak | -28.77% | -73.84% | +45.07% |
Average DrawdownAverage peak-to-trough decline | -11.33% | -86.45% | +75.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.00% | 53.01% | -28.01% |
Volatility
ARES vs. MSTR - Volatility Comparison
The current volatility for Ares Management Corporation (ARES) is 11.97%, while Strategy Inc (MSTR) has a volatility of 21.60%. This indicates that ARES experiences smaller price fluctuations and is considered to be less risky than MSTR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARES | MSTR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 21.60% | -9.63% |
Volatility (6M)Calculated over the trailing 6-month period | 35.10% | 57.34% | -22.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.35% | 71.15% | -29.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.37% | 90.79% | -53.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.71% | 73.80% | -37.09% |
Dividends
ARES vs. MSTR - Dividend Comparison
ARES's dividend yield for the trailing twelve months is around 4.12%, while MSTR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 4.12% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
MSTR Strategy Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ARES vs. MSTR - Financials Comparison
This section allows you to compare key financial metrics between Ares Management Corporation and Strategy Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ARES and MSTR have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTR has higher volatility (21.60%) compared to ARES (11.97%). In terms of maximum drawdown, ARES dropped -49.73% vs MSTR's -99.86%.
ARES currently has the higher Sharpe Ratio (-0.44 vs -0.95), 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.
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