ARIS vs. IDR
ARIS (Aris Water Solutions, Inc.) and IDR (Idaho Strategic Resources, Inc.) are both stocks. ARIS operates in Utilities - Regulated Water (Utilities), while IDR operates in Gold (Basic Materials). Over the past 3 years, ARIS returned 82.13%/yr vs 75.61%/yr for IDR. At a 0.27 correlation, their price movements are largely independent.
Performance
ARIS vs. IDR - Performance Comparison
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Returns By Period
In the year-to-date period, ARIS achieves a -10.29% return, which is significantly higher than IDR's -23.67% return.
ARIS
- 1D
- -1.29%
- 1M
- -3.58%
- 6M
- -12.61%
- YTD
- -10.29%
- 1Y
- 106.52%
- 3Y*
- 82.13%
- 5Y*
- —
- 10Y*
- —
IDR
- 1D
- -0.55%
- 1M
- -10.87%
- 6M
- -37.07%
- YTD
- -23.67%
- 1Y
- 83.53%
- 3Y*
- 75.61%
- 5Y*
- 44.40%
- 10Y*
- 33.74%
ARIS vs. IDR - 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% |
IDR Idaho Strategic Resources, Inc. | -23.67% | 295.49% | 60.95% | 11.07% | -23.39% | 20.78% |
Correlation
The correlation between ARIS and IDR is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.27 |
The correlation between ARIS and IDR shifts across timeframes, from 0.27 (all time) to 0.43 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ARIS:
$3.01B
IDR:
$486.31M
ARIS:
$0.85
IDR:
$1.41
ARIS:
17.19
IDR:
21.82
ARIS:
0.34
IDR:
0.03
ARIS:
2.61
IDR:
9.42
ARIS:
1.94
IDR:
4.21
ARIS:
$1.14B
IDR:
$49.61M
ARIS:
$612.94M
IDR:
$23.05M
ARIS:
$432.53M
IDR:
$24.61M
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Return for Risk
ARIS vs. IDR — Risk / Return Rank
ARIS
IDR
ARIS vs. IDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aris Water Solutions, Inc. (ARIS) and Idaho Strategic Resources, Inc. (IDR). 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 | IDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.21 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 1.81 | +1.90 |
| Martin ratioReturn relative to average drawdown | 10.23 | 3.58 | +6.65 |
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Drawdowns
ARIS vs. IDR - Drawdown Comparison
The maximum ARIS drawdown since its inception was -57.98%, smaller than the maximum IDR drawdown of -93.44%. Use the drawdown chart below to compare losses from any high point for ARIS and IDR.
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Drawdown Indicators
| ARIS | IDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -93.44% | +35.46% |
Max Drawdown (1Y)Largest decline over 1 year | -35.29% | -49.96% | +14.67% |
Max Drawdown (3Y)Largest decline over 3 years | -35.29% | -49.96% | +14.67% |
Max Drawdown (5Y)Largest decline over 5 years | — | -62.42% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -62.42% | — |
Current DrawdownCurrent decline from peak | -32.75% | -41.59% | +8.84% |
Average DrawdownAverage peak-to-trough decline | -22.75% | -47.21% | +24.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.01% | 25.27% | -13.26% |
Volatility
ARIS vs. IDR - Volatility Comparison
Aris Water Solutions, Inc. (ARIS) has a higher volatility of 21.89% compared to Idaho Strategic Resources, Inc. (IDR) at 19.21%. This indicates that ARIS's price experiences larger fluctuations and is considered to be riskier than IDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARIS | IDR | 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% | 60.99% | -13.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.12% | 89.84% | -28.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.45% | 73.07% | -19.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.45% | 85.79% | -32.34% |
Dividends
ARIS vs. IDR - Dividend Comparison
Neither ARIS nor IDR 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% |
IDR Idaho Strategic Resources, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ARIS vs. IDR - Financials Comparison
This section allows you to compare key financial metrics between Aris Water Solutions, Inc. and Idaho Strategic Resources, 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
ARIS vs. IDR - 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%.
IDR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a gross profit of 8.18M and revenue of 14.48M. Therefore, the gross margin over that period was 56.5%.
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%.
IDR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported an operating income of 7.58M and revenue of 14.48M, resulting in an operating margin of 52.4%.
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%.
IDR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Idaho Strategic Resources, Inc. reported a net income of 6.39M and revenue of 14.48M, resulting in a net margin of 44.1%.
Frequently Asked Questions
ARIS and IDR have a correlation of 0.43, 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 IDR (19.21%). In terms of maximum drawdown, ARIS dropped -57.98% vs IDR's -93.44%.
ARIS currently has the higher Sharpe Ratio (2.14 vs 1.04), 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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