ARR vs. HASI

Last updated Aug 1, 2026

ARR (ARMOUR Residential REIT, Inc.) and HASI (Hannon Armstrong Sustainable Infrastructure Capital, Inc.) are both stocks. Both are in the Real Estate sector — ARR in REIT - Mortgage, HASI in REIT - Specialty. Over the past 10 years, ARR returned -5.09%/yr vs 11.04%/yr for HASI. Their 0.40 correlation means their historical movements had little consistent relationship.

Performance

ARR vs. HASI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ARMOUR Residential REIT, Inc. (ARR) and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ARR achieves a 2.48% return, which is significantly lower than HASI's 23.22% return. Over the past 10 years, ARR has underperformed HASI with an annualized return of -5.09%, while HASI has yielded a comparatively higher 11.04% annualized return.

ARR

• 1D: 0.12%
• 1M: -2.49%
• 6M: 2.86%
• YTD: 2.48%
• 1Y: 19.39%
• 3Y*: 2.49%
• 5Y*: -5.93%
• 10Y*: -5.09%
• ALL TIME*: -3.24%

HASI

• 1D: -0.24%
• 1M: -1.02%
• 6M: 12.55%
• YTD: 23.22%
• 1Y: 54.79%
• 3Y*: 21.66%
• 5Y*: -2.93%
• 10Y*: 11.04%
• ALL TIME*: 15.22%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ARR ARMOUR Residential REIT, Inc.	$55.47M	$71.78M	$62.28M
HASI Hannon Armstrong Sustainable Infrastructure Capital, Inc.	$33.16M	$30.49M	$40.30M

ARR vs. HASI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARR ARMOUR Residential REIT, Inc.	2.48%	11.69%	13.17%	-15.43%	-32.01%	1.11%	-33.13%	-2.07%	-11.97%	30.13%
HASI Hannon Armstrong Sustainable Infrastructure Capital, Inc.	23.22%	23.95%	3.02%	1.49%	-43.05%	-14.08%	105.59%	77.07%	-15.37%	34.31%

Correlation

The correlation between ARR and HASI is 0.42, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.42
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.47
Correlation (10Y) Provides a long-term view across more market conditions.	0.42
Correlation (All Time) Calculated using the full available price history since Apr 18, 2013	0.40

Fundamentals

Market Cap ARR : $1.92B HASI : $4.84B
EPS ARR : $3.70 HASI : $0.43
PE Ratio ARR : 4.46 HASI : 88.75
PEG Ratio ARR : 0.02 HASI : 2.47
PS Ratio ARR : 2.41 HASI : 7.00
PB Ratio ARR : 0.83 HASI : 1.91
Total Revenue (TTM) ARR : $798.45M HASI : $710.03M
Gross Profit (TTM) ARR : $765.90M HASI : $522.93M
EBITDA (TTM) ARR : $692.10M HASI : $347.85M

Return for Risk

ARR vs. HASI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ARR

ARR Risk / Return Rank: 68
ARR Sharpe Ratio Rank: 72
ARR Sortino Ratio Rank: 64
ARR Omega Ratio Rank: 64
ARR Calmar Ratio Rank: 69
ARR Martin Ratio Rank: 72

HASI

HASI Risk / Return Rank: 88
HASI Sharpe Ratio Rank: 89
HASI Sortino Ratio Rank: 90
HASI Omega Ratio Rank: 87
HASI Calmar Ratio Rank: 89
HASI Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ARR vs. HASI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARMOUR Residential REIT, Inc. (ARR) and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI). 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.

	ARR	HASI	Difference
Sharpe ratio: Return per unit of total volatility	0.83	1.74	-0.91
Sortino ratio: Return per unit of downside risk	1.19	2.74	-1.54
Omega ratio: Gain probability vs. loss probability	1.16	1.32	-0.16
Calmar ratio: Return relative to maximum drawdown	1.19	3.33	-2.14
Martin ratio: Return relative to average drawdown	3.22	8.54	-5.32

ARR vs. HASI - Sharpe Ratio Comparison

The current ARR Sharpe Ratio is 0.83, which is lower than the HASI Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of ARR and HASI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ARR vs. HASI - Drawdown Comparison

The maximum ARR drawdown since its inception was -80.12%, roughly equal to the maximum HASI drawdown of -76.94%. Use the drawdown chart below to compare losses from any high point for ARR and HASI.

Drawdown Indicators

	ARR	HASI	Difference
Max Drawdown Largest peak-to-trough decline	-80.12%	-76.94%	-3.18%
Max Drawdown (1Y) Largest decline over 1 year	-16.79%	-16.02%	-0.77%
Max Drawdown (3Y) Largest decline over 3 years	-44.25%	-41.41%	-2.84%
Max Drawdown (5Y) Largest decline over 5 years	-64.74%	-75.24%	+10.50%
Max Drawdown (10Y) Largest decline over 10 years	-78.34%	-76.94%	-1.40%
Current Drawdown Current decline from peak	-61.77%	-29.32%	-32.45%
Average Drawdown Average peak-to-trough decline	-33.35%	-22.81%	-10.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.20%	6.25%	-0.05%

Volatility

ARR vs. HASI - Volatility Comparison

ARMOUR Residential REIT, Inc. (ARR) and Hannon Armstrong Sustainable Infrastructure Capital, Inc. (HASI) have volatilities of 5.59% and 5.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARR	HASI	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.59%	5.43%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	18.07%	20.41%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	24.00%	30.85%	-6.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.91%	46.99%	-18.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.25%	42.22%	-7.97%

Dividends

ARR vs. HASI - Dividend Comparison

ARR's dividend yield for the trailing twelve months is around 17.49%, more than HASI's 4.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARR ARMOUR Residential REIT, Inc.	17.49%	16.28%	15.27%	25.88%	21.31%	12.23%	11.12%	12.09%	11.12%	8.86%	13.92%	17.88%
HASI Hannon Armstrong Sustainable Infrastructure Capital, Inc.	4.46%	5.35%	6.19%	5.73%	5.18%	2.64%	2.14%	4.16%	6.93%	5.49%	6.48%	5.71%

Financials

Frequently Asked Questions

Can I hold both ARR and HASI in my portfolio?

ARR and HASI have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ARR or HASI?

ARR has higher volatility (5.59%) compared to HASI (5.43%). In terms of maximum drawdown, ARR dropped -80.12% vs HASI's -76.94%.

Which has better risk-adjusted returns?

HASI currently has the higher Sharpe Ratio (1.74 vs 0.83), 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.