ARIS vs. ERO
ARIS (Aris Water Solutions, Inc.) and ERO (Ero Copper Corp) are both stocks. ARIS operates in Utilities - Regulated Water (Utilities), while ERO operates in Copper (Basic Materials). Over the past 3 years, ARIS returned 82.13%/yr vs 7.17%/yr for ERO. At a 0.43 correlation, their price movements are largely independent.
Performance
ARIS vs. ERO - Performance Comparison
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Returns By Period
In the year-to-date period, ARIS achieves a -10.29% return, which is significantly lower than ERO's -9.58% return.
ARIS
- 1D
- -1.29%
- 1M
- -3.58%
- 6M
- -12.61%
- YTD
- -10.29%
- 1Y
- 106.52%
- 3Y*
- 82.13%
- 5Y*
- —
- 10Y*
- —
ERO
- 1D
- 2.08%
- 1M
- -7.65%
- 6M
- -12.61%
- YTD
- -9.58%
- 1Y
- 69.40%
- 3Y*
- 7.17%
- 5Y*
- 4.29%
- 10Y*
- —
ARIS vs. ERO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ARIS Aris Water Solutions, Inc. | -10.29% | 363.71% | 6.54% | 31.93% | -39.60% | 1.33% |
ERO Ero Copper Corp | -9.58% | 109.87% | -14.63% | 14.84% | -10.07% | -23.74% |
Correlation
The correlation between ARIS and ERO is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.43 |
The correlation between ARIS and ERO has been stable across timeframes, ranging from 0.43 to 0.50 - a consistent structural relationship.
Fundamentals
ARIS:
$3.01B
ERO:
$2.67B
ARIS:
$0.85
ERO:
$2.79
ARIS:
17.19
ERO:
9.16
ARIS:
0.34
ERO:
0.10
ARIS:
2.61
ERO:
2.89
ARIS:
1.94
ERO:
2.44
ARIS:
$1.14B
ERO:
$925.20M
ARIS:
$612.94M
ERO:
$394.67M
ARIS:
$432.53M
ERO:
$528.87M
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Return for Risk
ARIS vs. ERO — Risk / Return Rank
ARIS
ERO
ARIS vs. ERO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aris Water Solutions, Inc. (ARIS) and Ero Copper Corp (ERO). 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.
| ARIS | ERO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.86 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 1.94 | +1.77 |
| Martin ratioReturn relative to average drawdown | 10.23 | 4.11 | +6.12 |
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Drawdowns
ARIS vs. ERO - Drawdown Comparison
The maximum ARIS drawdown since its inception was -57.98%, smaller than the maximum ERO drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for ARIS and ERO.
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Drawdown Indicators
| ARIS | ERO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -67.17% | +9.19% |
Max Drawdown (1Y)Largest decline over 1 year | -35.29% | -37.97% | +2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -35.29% | -59.84% | +24.55% |
Max Drawdown (5Y)Largest decline over 5 years | — | -60.24% | — |
Current DrawdownCurrent decline from peak | -32.75% | -32.74% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -22.75% | -27.05% | +4.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.01% | 17.91% | -5.90% |
Volatility
ARIS vs. ERO - Volatility Comparison
Aris Water Solutions, Inc. (ARIS) has a higher volatility of 21.89% compared to Ero Copper Corp (ERO) at 19.21%. This indicates that ARIS's price experiences larger fluctuations and is considered to be riskier than ERO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARIS | ERO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.89% | 19.21% | +2.68% |
Volatility (6M)Calculated over the trailing 6-month period | 47.67% | 48.83% | -1.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.12% | 57.64% | +3.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.45% | 55.15% | -1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.45% | 59.39% | -5.94% |
Dividends
ARIS vs. ERO - Dividend Comparison
Neither ARIS nor ERO has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ARIS Aris Water Solutions, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 3.84% | 0.85% |
ERO Ero Copper Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ARIS vs. ERO - Financials Comparison
This section allows you to compare key financial metrics between Aris Water Solutions, Inc. and Ero Copper Corp. 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
ARIS vs. ERO - Profitability Comparison
ARIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported a gross profit of 217.03M and revenue of 372.48M. Therefore, the gross margin over that period was 58.3%.
ERO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Ero Copper Corp reported a gross profit of 103.33M and revenue of 259.52M. Therefore, the gross margin over that period was 39.8%.
ARIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported an operating income of 179.05M and revenue of 372.48M, resulting in an operating margin of 48.1%.
ERO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Ero Copper Corp reported an operating income of 90.17M and revenue of 259.52M, resulting in an operating margin of 34.7%.
ARIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported a net income of 97.61M and revenue of 372.48M, resulting in a net margin of 26.2%.
ERO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Ero Copper Corp reported a net income of 107.26M and revenue of 259.52M, resulting in a net margin of 41.3%.
Frequently Asked Questions
ARIS and ERO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARIS has higher volatility (21.89%) compared to ERO (19.21%). In terms of maximum drawdown, ARIS dropped -57.98% vs ERO's -67.17%.
ARIS currently has the higher Sharpe Ratio (2.14 vs 1.28), 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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