ARES vs. RACE.MI
ARES (Ares Management Corporation) and RACE.MI (Ferrari NV) are both stocks. ARES operates in Asset Management (Financial Services), while RACE.MI operates in Auto Manufacturers (Consumer Cyclical). Over the past 10 years, ARES returned 31.19%/yr vs 25.04%/yr for RACE.MI. At a 0.22 correlation, their price movements are largely independent.
Performance
ARES vs. RACE.MI - Performance Comparison
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Different Trading Currencies
ARES is traded in USD, while RACE.MI is traded in EUR. To make them comparable, the RACE.MI values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, ARES achieves a -15.40% return, which is significantly lower than RACE.MI's -4.12% return. Over the past 10 years, ARES has outperformed RACE.MI with an annualized return of 31.19%, while RACE.MI has yielded a comparatively lower 25.04% 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%
RACE.MI
- 1D
- -1.22%
- 1M
- 5.97%
- YTD
- -4.12%
- 6M
- -2.38%
- 1Y
- -22.60%
- 3Y*
- 6.47%
- 5Y*
- 11.87%
- 10Y*
- 25.04%
ARES vs. RACE.MI - 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% |
RACE.MI Ferrari NV | -4.12% | -12.08% | 28.21% | 58.40% | -16.30% | 11.63% | 41.09% | 68.24% | -4.76% | 82.24% |
Correlation
The correlation between ARES and RACE.MI is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.22 |
The correlation between ARES and RACE.MI shifts across timeframes, from 0.17 (3 years) to 0.29 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ARES vs. RACE.MI — Risk / Return Rank
ARES
RACE.MI
ARES vs. RACE.MI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Management Corporation (ARES) and Ferrari NV (RACE.MI). 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 | RACE.MI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.90 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | -0.64 | +0.28 |
| Martin ratioReturn relative to average drawdown | -0.72 | -1.00 | +0.28 |
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Drawdowns
ARES vs. RACE.MI - Drawdown Comparison
The maximum ARES drawdown since its inception was -49.73%, which is greater than RACE.MI's maximum drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for ARES and RACE.MI.
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Drawdown Indicators
| ARES | RACE.MI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.73% | -38.80% | -10.93% |
Max Drawdown (1Y)Largest decline over 1 year | -49.05% | -38.80% | -10.25% |
Max Drawdown (3Y)Largest decline over 3 years | -49.73% | -38.80% | -10.93% |
Max Drawdown (5Y)Largest decline over 5 years | -49.73% | -38.80% | -10.93% |
Max Drawdown (10Y)Largest decline over 10 years | -49.73% | -38.80% | -10.93% |
Current DrawdownCurrent decline from peak | -28.77% | -30.66% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -11.33% | -10.09% | -1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.00% | 25.01% | -0.01% |
Volatility
ARES vs. RACE.MI - Volatility Comparison
The current volatility for Ares Management Corporation (ARES) is 11.97%, while Ferrari NV (RACE.MI) has a volatility of 12.94%. This indicates that ARES experiences smaller price fluctuations and is considered to be less risky than RACE.MI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARES | RACE.MI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.97% | 12.94% | -0.97% |
Volatility (6M)Calculated over the trailing 6-month period | 35.10% | 25.68% | +9.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.35% | 36.77% | +4.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.37% | 29.90% | +7.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.71% | 29.00% | +7.71% |
Dividends
ARES vs. RACE.MI - Dividend Comparison
ARES's dividend yield for the trailing twelve months is around 4.12%, more than RACE.MI's 1.18% yield.
| 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% |
RACE.MI Ferrari NV | 1.18% | 0.94% | 0.59% | 0.59% | 0.68% | 0.38% | 0.60% | 0.70% | 0.82% | 0.73% | 0.83% | 0.00% |
Financials
ARES vs. RACE.MI - Financials Comparison
This section allows you to compare key financial metrics between Ares Management Corporation and Ferrari NV. 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 RACE.MI have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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