ARI vs. AGNC

Last updated Jun 5, 2026

ARI (Apollo Commercial Real Estate Finance, Inc.) and AGNC (AGNC Investment Corp.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, ARI returned 7.59%/yr vs 6.31%/yr for AGNC. A 0.52 correlation means they provide meaningful diversification when combined.

Performance

ARI vs. AGNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apollo Commercial Real Estate Finance, Inc. (ARI) and AGNC Investment Corp. (AGNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARI achieves a 15.55% return, which is significantly higher than AGNC's 1.46% return. Over the past 10 years, ARI has outperformed AGNC with an annualized return of 7.59%, while AGNC has yielded a comparatively lower 6.31% annualized return.

ARI

• 1D: 0.28%
• 1M: -0.91%
• YTD: 15.55%
• 6M: 15.09%
• 1Y: 22.92%
• 3Y*: 13.45%
• 5Y*: 3.99%
• 10Y*: 7.59%

AGNC

• 1D: 1.18%
• 1M: -2.91%
• YTD: 1.46%
• 6M: 4.85%
• 1Y: 30.97%
• 3Y*: 19.07%
• 5Y*: 1.79%
• 10Y*: 6.31%

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

ARI vs. AGNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARI Apollo Commercial Real Estate Finance, Inc.	15.55%	23.83%	-16.51%	24.46%	-7.12%	29.66%	-29.03%	21.15%	-0.03%	22.51%
AGNC AGNC Investment Corp.	1.46%	34.92%	8.90%	10.14%	-21.65%	5.20%	-1.78%	13.31%	-2.46%	23.73%

Correlation

The correlation between ARI and AGNC is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Sep 25, 2009	0.52

The correlation between ARI and AGNC shifts across timeframes, from 0.52 (all time) to 0.66 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ARI : $1.53B AGNC : $11.55B
EPS ARI : $0.91 AGNC : $1.33
PE Ratio ARI : 11.99 AGNC : 7.73
PEG Ratio ARI : 0.00 AGNC : 0.02
PS Ratio ARI : 2.56 AGNC : 4.75
PB Ratio ARI : 0.84 AGNC : 1.13
Total Revenue (TTM) ARI : $595.26M AGNC : $2.33B
Gross Profit (TTM) ARI : $429.14M AGNC : $2.30B
EBITDA (TTM) ARI : $372.79M AGNC : $3.72B

Return for Risk

ARI vs. AGNC — Risk / Return Rank

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

ARI

ARI Risk / Return Rank: 74
ARI Sharpe Ratio Rank: 77
ARI Sortino Ratio Rank: 72
ARI Omega Ratio Rank: 68
ARI Calmar Ratio Rank: 77
ARI Martin Ratio Rank: 76

AGNC

AGNC Risk / Return Rank: 77
AGNC Sharpe Ratio Rank: 83
AGNC Sortino Ratio Rank: 79
AGNC Omega Ratio Rank: 77
AGNC Calmar Ratio Rank: 71
AGNC Martin Ratio Rank: 76

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.

ARI vs. AGNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Apollo Commercial Real Estate Finance, Inc. (ARI) and AGNC Investment Corp. (AGNC). 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.

	ARI	AGNC	Difference
Sharpe ratio: Return per unit of total volatility	1.22	1.61	-0.39
Sortino ratio: Return per unit of downside risk	1.85	2.23	-0.38
Omega ratio: Gain probability vs. loss probability	1.22	1.28	-0.06
Calmar ratio: Return relative to maximum drawdown	2.29	1.66	+0.63
Martin ratio: Return relative to average drawdown	5.17	5.00	+0.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARI vs. AGNC - Sharpe Ratio Comparison

The current ARI Sharpe Ratio is 1.22, which is comparable to the AGNC Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of ARI and AGNC, 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

	ARI	AGNC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.61	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.07	+0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.17	0.25	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.43	-0.22

Drawdowns

ARI vs. AGNC - Drawdown Comparison

The maximum ARI drawdown since its inception was -77.39%, which is greater than AGNC's maximum drawdown of -54.56%. Use the drawdown chart below to compare losses from any high point for ARI and AGNC.

Drawdown Indicators

	ARI	AGNC	Difference
Max Drawdown Largest peak-to-trough decline	-77.39%	-54.56%	-22.83%
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	-18.71%	+8.67%
Max Drawdown (3Y) Largest decline over 3 years	-24.73%	-31.04%	+6.31%
Max Drawdown (5Y) Largest decline over 5 years	-41.62%	-54.56%	+12.94%
Max Drawdown (10Y) Largest decline over 10 years	-77.39%	-54.56%	-22.83%
Current Drawdown Current decline from peak	-2.67%	-10.63%	+7.96%
Average Drawdown Average peak-to-trough decline	-8.90%	-13.56%	+4.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	6.20%	-1.76%

Volatility

ARI vs. AGNC - Volatility Comparison

The current volatility for Apollo Commercial Real Estate Finance, Inc. (ARI) is 3.89%, while AGNC Investment Corp. (AGNC) has a volatility of 4.90%. This indicates that ARI experiences smaller price fluctuations and is considered to be less risky than AGNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARI	AGNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.89%	4.90%	-1.01%
Volatility (6M) Calculated over the trailing 6-month period	13.94%	15.90%	-1.96%
Volatility (1Y) Calculated over the trailing 1-year period	18.91%	19.31%	-0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.79%	25.82%	+4.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.98%	25.38%	+18.60%

Dividends

ARI vs. AGNC - Dividend Comparison

ARI's dividend yield for the trailing twelve months is around 9.16%, less than AGNC's 13.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNC AGNC Investment Corp.	13.99%	13.43%	15.64%	14.68%	13.91%	9.57%	10.00%	11.31%	12.31%	10.70%	12.69%	14.30%
ARI Apollo Commercial Real Estate Finance, Inc.	9.16%	10.33%	13.86%	11.93%	13.01%	10.64%	12.98%	10.06%	11.04%	9.97%	11.07%	10.33%

Financials

Frequently Asked Questions

Can I hold both ARI and AGNC in my portfolio?

ARI and AGNC have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARI or AGNC?

AGNC has higher volatility (4.90%) compared to ARI (3.89%). In terms of maximum drawdown, ARI dropped -77.39% vs AGNC's -54.56%.

Which has better risk-adjusted returns?

AGNC currently has the higher Sharpe Ratio (1.61 vs 1.22), 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.