ARIS vs. SSRM
ARIS (Aris Water Solutions, Inc.) and SSRM (SSR Mining Inc.) are both stocks. ARIS operates in Utilities - Regulated Water (Utilities), while SSRM operates in Gold (Basic Materials). Over the past 3 years, ARIS returned 82.13%/yr vs 27.10%/yr for SSRM. A 0.64 correlation means they provide meaningful diversification when combined.
Performance
ARIS vs. SSRM - 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 SSRM's 30.38% return.
ARIS
- 1D
- -1.29%
- 1M
- -3.58%
- 6M
- -12.61%
- YTD
- -10.29%
- 1Y
- 106.52%
- 3Y*
- 82.13%
- 5Y*
- —
- 10Y*
- —
SSRM
- 1D
- -1.96%
- 1M
- 8.59%
- 6M
- 29.85%
- YTD
- 30.38%
- 1Y
- 125.75%
- 3Y*
- 27.10%
- 5Y*
- 13.03%
- 10Y*
- 7.68%
ARIS vs. SSRM - 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% |
SSRM SSR Mining Inc. | 30.38% | 214.94% | -35.32% | -29.94% | -10.02% | 11.68% |
Correlation
The correlation between ARIS and SSRM is 0.65, 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 | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.64 |
The correlation between ARIS and SSRM has been stable across timeframes, ranging from 0.60 to 0.65 - a consistent structural relationship.
Fundamentals
ARIS:
$3.01B
SSRM:
$5.93B
ARIS:
$0.85
SSRM:
$3.26
ARIS:
17.19
SSRM:
8.76
ARIS:
0.34
SSRM:
0.14
ARIS:
2.61
SSRM:
3.27
ARIS:
1.94
SSRM:
1.40
ARIS:
$1.14B
SSRM:
$1.90B
ARIS:
$612.94M
SSRM:
$643.76M
ARIS:
$432.53M
SSRM:
$835.27M
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Return for Risk
ARIS vs. SSRM — Risk / Return Rank
ARIS
SSRM
ARIS vs. SSRM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Aris Water Solutions, Inc. (ARIS) and SSR Mining Inc. (SSRM). 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 | SSRM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 4.18 | -0.47 |
| Martin ratioReturn relative to average drawdown | 10.23 | 10.21 | +0.02 |
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Drawdowns
ARIS vs. SSRM - Drawdown Comparison
The maximum ARIS drawdown since its inception was -57.98%, smaller than the maximum SSRM drawdown of -91.68%. Use the drawdown chart below to compare losses from any high point for ARIS and SSRM.
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Drawdown Indicators
| ARIS | SSRM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.98% | -91.68% | +33.70% |
Max Drawdown (1Y)Largest decline over 1 year | -35.29% | -31.28% | -4.01% |
Max Drawdown (3Y)Largest decline over 3 years | -35.29% | -73.41% | +38.12% |
Max Drawdown (5Y)Largest decline over 5 years | — | -83.16% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.16% | — |
Current DrawdownCurrent decline from peak | -32.75% | -34.34% | +1.59% |
Average DrawdownAverage peak-to-trough decline | -22.75% | -57.09% | +34.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.01% | 12.80% | -0.79% |
Volatility
ARIS vs. SSRM - Volatility Comparison
Aris Water Solutions, Inc. (ARIS) has a higher volatility of 21.89% compared to SSR Mining Inc. (SSRM) at 19.50%. This indicates that ARIS's price experiences larger fluctuations and is considered to be riskier than SSRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARIS | SSRM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.89% | 19.50% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 47.67% | 55.96% | -8.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.12% | 67.57% | -6.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.45% | 56.32% | -2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.45% | 53.08% | +0.37% |
Dividends
ARIS vs. SSRM - Dividend Comparison
Neither ARIS nor SSRM 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% |
SSRM SSR Mining Inc. | 0.00% | 0.00% | 0.00% | 2.60% | 1.79% | 1.13% |
Financials
ARIS vs. SSRM - Financials Comparison
This section allows you to compare key financial metrics between Aris Water Solutions, Inc. and SSR Mining 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. SSRM - 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%.
SSRM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a gross profit of 0.00 and revenue of 581.78M. Therefore, the gross margin over that period was 0.0%.
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%.
SSRM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported an operating income of 300.38M and revenue of 581.78M, resulting in an operating margin of 51.6%.
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%.
SSRM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, SSR Mining Inc. reported a net income of 369.74M and revenue of 581.78M, resulting in a net margin of 63.6%.
Frequently Asked Questions
ARIS and SSRM have a correlation of 0.65, 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 SSRM (19.50%). In terms of maximum drawdown, ARIS dropped -57.98% vs SSRM's -91.68%.
ARIS currently has the higher Sharpe Ratio (2.14 vs 1.94), 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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