ARI vs. EFC
ARI (Apollo Commercial Real Estate Finance, Inc.) and EFC (Ellington Financial Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, ARI returned 6.93%/yr vs 9.54%/yr for EFC. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
ARI vs. EFC - Performance Comparison
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Returns By Period
In the year-to-date period, ARI achieves a 10.37% return, which is significantly higher than EFC's 6.21% return. Over the past 10 years, ARI has underperformed EFC with an annualized return of 6.93%, while EFC has yielded a comparatively higher 9.54% annualized return.
ARI
- 1D
- 2.05%
- 1M
- -3.25%
- 6M
- 7.16%
- YTD
- 10.37%
- 1Y
- 12.92%
- 3Y*
- 7.07%
- 5Y*
- 3.05%
- 10Y*
- 6.93%
EFC
- 1D
- 0.37%
- 1M
- 0.59%
- 6M
- 5.13%
- YTD
- 6.21%
- 1Y
- 15.65%
- 3Y*
- 13.02%
- 5Y*
- 6.74%
- 10Y*
- 9.54%
ARI vs. EFC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARI Apollo Commercial Real Estate Finance, Inc. | 10.37% | 23.83% | -16.51% | 24.46% | -7.12% | 29.66% | -29.03% | 21.15% | -0.03% | 22.51% |
EFC Ellington Financial Inc. | 6.21% | 26.13% | 8.68% | 18.16% | -18.32% | 26.33% | -10.16% | 32.43% | 17.29% | 4.34% |
Correlation
The correlation between ARI and EFC is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.68 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2010 | 0.54 |
The correlation between ARI and EFC shifts across timeframes, from 0.51 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ARI:
$1.37B
EFC:
$1.45B
ARI:
$0.91
EFC:
$1.89
ARI:
11.46
EFC:
7.17
ARI:
0.00
EFC:
0.05
ARI:
2.44
EFC:
3.50
ARI:
0.80
EFC:
0.97
ARI:
$595.26M
EFC:
$417.93M
ARI:
$429.14M
EFC:
$347.01M
ARI:
$372.79M
EFC:
$270.77M
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Return for Risk
ARI vs. EFC — Risk / Return Rank
ARI
EFC
ARI vs. EFC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Apollo Commercial Real Estate Finance, Inc. (ARI) and Ellington Financial Inc. (EFC). 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.
| ARI | EFC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.33 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.16 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 0.88 | +0.29 |
| Martin ratioReturn relative to average drawdown | 2.49 | 2.85 | -0.36 |
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Drawdowns
ARI vs. EFC - Drawdown Comparison
The maximum ARI drawdown since its inception was -77.39%, roughly equal to the maximum EFC drawdown of -79.08%. Use the drawdown chart below to compare losses from any high point for ARI and EFC.
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Drawdown Indicators
| ARI | EFC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.39% | -79.08% | +1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -10.04% | -17.71% | +7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -24.73% | -18.86% | -5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -40.10% | -34.19% | -5.91% |
Max Drawdown (10Y)Largest decline over 10 years | -77.39% | -79.08% | +1.69% |
Current DrawdownCurrent decline from peak | -7.04% | -0.22% | -6.82% |
Average DrawdownAverage peak-to-trough decline | -9.03% | -9.88% | +0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.73% | 5.43% | -0.70% |
Volatility
ARI vs. EFC - Volatility Comparison
Apollo Commercial Real Estate Finance, Inc. (ARI) has a higher volatility of 5.59% compared to Ellington Financial Inc. (EFC) at 3.66%. This indicates that ARI's price experiences larger fluctuations and is considered to be riskier than EFC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARI | EFC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.59% | 3.66% | +1.93% |
Volatility (6M)Calculated over the trailing 6-month period | 14.13% | 13.26% | +0.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.47% | 17.57% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.64% | 23.87% | +6.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.00% | 42.28% | +1.72% |
Dividends
ARI vs. EFC - Dividend Comparison
ARI's dividend yield for the trailing twelve months is around 7.19%, less than EFC's 11.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARI Apollo Commercial Real Estate Finance, Inc. | 7.19% | 10.33% | 13.86% | 11.93% | 13.01% | 10.64% | 12.98% | 10.06% | 11.04% | 9.97% | 11.07% | 10.33% |
EFC Ellington Financial Inc. | 11.49% | 11.49% | 13.20% | 14.16% | 14.55% | 9.60% | 8.49% | 9.87% | 10.70% | 12.13% | 12.56% | 14.60% |
Financials
ARI vs. EFC - Financials Comparison
This section allows you to compare key financial metrics between Apollo Commercial Real Estate Finance, Inc. and Ellington Financial 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
ARI and EFC have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARI has higher volatility (5.59%) compared to EFC (3.66%). In terms of maximum drawdown, ARI dropped -77.39% vs EFC's -79.08%.
EFC currently has the higher Sharpe Ratio (0.88 vs 0.60), 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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