ARX.TO vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about ARC Resources Ltd. (ARX.TO) and S&P 500 Index (^GSPC).

Performance

ARX.TO vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in ARC Resources Ltd. (ARX.TO) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

ARX.TO vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ARX.TO ARC Resources Ltd.	6.07%	1.65%	36.47%	11.75%	63.30%	97.09%	-22.60%	9.60%	-42.37%	-33.93%
^GSPC S&P 500 Index	-2.73%	11.05%	33.90%	21.49%	-13.70%	25.75%	14.29%	22.54%	1.71%	11.82%

Different Trading Currencies

ARX.TO is traded in CAD, while ^GSPC is traded in USD. To make them comparable, the ^GSPC values have been converted to CAD using the latest available exchange rates.

Returns By Period

In the year-to-date period, ARX.TO achieves a 6.07% return, which is significantly higher than ^GSPC's -3.34% return. Over the past 10 years, ARX.TO has underperformed ^GSPC with an annualized return of 8.59%, while ^GSPC has yielded a comparatively higher 12.91% annualized return.

ARX.TO

• 1D: -6.32%
• 1M: 7.87%
• YTD: 6.07%
• 6M: 6.69%
• 1Y: -4.37%
• 3Y*: 24.68%
• 5Y*: 31.48%
• 10Y*: 8.59%

^GSPC

• 1D: 0.00%
• 1M: -3.51%
• YTD: -3.34%
• 6M: -2.91%
• 1Y: 12.69%
• 3Y*: 17.80%
• 5Y*: 12.48%
• 10Y*: 12.91%

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

Return for Risk

ARX.TO vs. ^GSPC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARX.TO

ARX.TO Risk / Return Rank: 33
ARX.TO Sharpe Ratio Rank: 34
ARX.TO Sortino Ratio Rank: 29
ARX.TO Omega Ratio Rank: 29
ARX.TO Calmar Ratio Rank: 36
ARX.TO Martin Ratio Rank: 37

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARX.TO vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ARC Resources Ltd. (ARX.TO) and S&P 500 Index (^GSPC). 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.

	ARX.TO	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	-0.14	0.70	-0.84
Sortino ratio Return per unit of downside risk	0.03	1.07	-1.05
Omega ratio Gain probability vs. loss probability	1.00	1.17	-0.17
Calmar ratio Return relative to maximum drawdown	-0.14	1.04	-1.18
Martin ratio Return relative to average drawdown	-0.23	3.82	-4.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ARX.TO vs. ^GSPC - Sharpe Ratio Comparison

The current ARX.TO Sharpe Ratio is -0.14, which is lower than the ^GSPC Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of ARX.TO and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ARX.TO	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	0.70	-0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	0.84	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.79	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	-0.50	0.91	-1.41

Correlation

The correlation between ARX.TO and ^GSPC is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Drawdowns

ARX.TO vs. ^GSPC - Drawdown Comparison

The maximum ARX.TO drawdown since its inception was -100.00%, which is greater than ^GSPC's maximum drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for ARX.TO and ^GSPC.

Drawdown Indicators

	ARX.TO	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	-56.78%	-43.22%
Max Drawdown (1Y) Largest decline over 1 year	-25.41%	-12.14%	-13.27%
Max Drawdown (5Y) Largest decline over 5 years	-35.42%	-25.43%	-9.99%
Max Drawdown (10Y) Largest decline over 10 years	-86.80%	-33.92%	-52.88%
Current Drawdown Current decline from peak	-99.85%	-5.78%	-94.07%
Average Drawdown Average peak-to-trough decline	-99.67%	-10.75%	-88.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.02%	2.60%	+12.42%

Volatility

ARX.TO vs. ^GSPC - Volatility Comparison

ARC Resources Ltd. (ARX.TO) has a higher volatility of 9.17% compared to S&P 500 Index (^GSPC) at 5.22%. This indicates that ARX.TO's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ARX.TO	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.17%	5.22%	+3.95%
Volatility (6M) Calculated over the trailing 6-month period	23.97%	9.60%	+14.37%
Volatility (1Y) Calculated over the trailing 1-year period	31.99%	18.11%	+13.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.89%	14.99%	+20.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.15%	16.33%	+23.82%