ARES vs. USLM
ARES (Ares Management Corporation) and USLM (United States Lime & Minerals, Inc.) are both stocks. ARES operates in Asset Management (Financial Services), while USLM operates in Building Materials (Basic Materials). Over the past 10 years, ARES returned 29.88%/yr vs 26.08%/yr for USLM. At a 0.25 correlation, their price movements are largely independent.
Performance
ARES vs. USLM - Performance Comparison
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Returns By Period
In the year-to-date period, ARES achieves a -20.44% return, which is significantly lower than USLM's -11.65% return. Over the past 10 years, ARES has outperformed USLM with an annualized return of 29.88%, while USLM has yielded a comparatively lower 26.08% annualized return.
ARES
- 1D
- 0.97%
- 1M
- 0.49%
- YTD
- -20.44%
- 6M
- -20.82%
- 1Y
- -24.22%
- 3Y*
- 14.73%
- 5Y*
- 20.40%
- 10Y*
- 29.88%
USLM
- 1D
- 1.01%
- 1M
- -3.90%
- YTD
- -11.65%
- 6M
- -12.38%
- 1Y
- -0.24%
- 3Y*
- 40.83%
- 5Y*
- 30.59%
- 10Y*
- 26.08%
ARES vs. USLM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | -20.44% | -5.72% | 52.68% | 79.52% | -12.75% | 77.75% | 37.37% | 110.13% | -5.54% | 10.72% |
USLM United States Lime & Minerals, Inc. | -11.65% | -9.59% | 188.91% | 64.34% | 9.84% | 13.69% | 27.15% | 35.03% | -7.26% | 2.47% |
Correlation
The correlation between ARES and USLM is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.38 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 5, 2014 | 0.25 |
The correlation between ARES and USLM shifts across timeframes, from 0.25 (all time) to 0.38 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
ARES:
$2.83
USLM:
$6.07
ARES:
44.81
USLM:
17.42
ARES:
1.79
USLM:
0.45
ARES:
4.43
USLM:
6.17
ARES:
$6.31B
USLM:
$369.31M
ARES:
$4.46B
USLM:
$177.91M
ARES:
$2.42B
USLM:
$185.83M
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Return for Risk
ARES vs. USLM — Risk / Return Rank
ARES
USLM
ARES vs. USLM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ares Management Corporation (ARES) and United States Lime & Minerals, Inc. (USLM). 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.
| ARES | USLM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.04 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | -0.01 | -0.49 |
| Martin ratioReturn relative to average drawdown | -0.98 | -0.02 | -0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ARES | USLM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.59 | -0.01 | -0.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.86 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.72 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.25 | +0.38 |
Drawdowns
ARES vs. USLM - Drawdown Comparison
The maximum ARES drawdown since its inception was -49.73%, smaller than the maximum USLM drawdown of -77.09%. Use the drawdown chart below to compare losses from any high point for ARES and USLM.
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Drawdown Indicators
| ARES | USLM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.73% | -77.09% | +27.36% |
Max Drawdown (1Y)Largest decline over 1 year | -49.05% | -26.55% | -22.50% |
Max Drawdown (3Y)Largest decline over 3 years | -49.73% | -45.87% | -3.86% |
Max Drawdown (5Y)Largest decline over 5 years | -49.73% | -45.87% | -3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -49.73% | -45.87% | -3.86% |
Current DrawdownCurrent decline from peak | -33.01% | -32.66% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -11.31% | -27.35% | +16.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.72% | 11.12% | +13.60% |
Volatility
ARES vs. USLM - Volatility Comparison
Ares Management Corporation (ARES) has a higher volatility of 11.35% compared to United States Lime & Minerals, Inc. (USLM) at 8.63%. This indicates that ARES's price experiences larger fluctuations and is considered to be riskier than USLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARES | USLM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.35% | 8.63% | +2.72% |
Volatility (6M)Calculated over the trailing 6-month period | 35.50% | 32.06% | +3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.16% | 40.45% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.33% | 35.91% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.69% | 36.37% | +0.32% |
Dividends
ARES vs. USLM - Dividend Comparison
ARES's dividend yield for the trailing twelve months is around 4.38%, more than USLM's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 4.38% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
USLM United States Lime & Minerals, Inc. | 0.23% | 0.20% | 0.15% | 0.35% | 0.57% | 0.50% | 0.56% | 6.52% | 0.76% | 0.70% | 0.66% | 0.91% |
Financials
ARES vs. USLM - Financials Comparison
This section allows you to compare key financial metrics between Ares Management Corporation and United States Lime & Minerals, 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
ARES vs. USLM - Profitability Comparison
ARES - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported a gross profit of 1.47B and revenue of 1.53B. Therefore, the gross margin over that period was 96.1%.
USLM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported a gross profit of 41.75M and revenue of 87.83M. Therefore, the gross margin over that period was 47.5%.
ARES - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported an operating income of 364.95M and revenue of 1.53B, resulting in an operating margin of 23.8%.
USLM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported an operating income of 35.78M and revenue of 87.83M, resulting in an operating margin of 40.7%.
ARES - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported a net income of 142.59M and revenue of 1.53B, resulting in a net margin of 9.3%.
USLM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United States Lime & Minerals, Inc. reported a net income of 30.58M and revenue of 87.83M, resulting in a net margin of 34.8%.
Frequently Asked Questions
ARES and USLM have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARES has higher volatility (11.35%) compared to USLM (8.63%). In terms of maximum drawdown, ARES dropped -49.73% vs USLM's -77.09%.
USLM currently has the higher Sharpe Ratio (-0.01 vs -0.59), 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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