ASM vs. ARIS
ASM (Avino Silver & Gold Mines Ltd.) and ARIS (Aris Water Solutions, Inc.) are both stocks. ASM operates in Other Precious Metals & Mining (Basic Materials), while ARIS operates in Utilities - Regulated Water (Utilities). Over the past 3 years, ASM returned 109.07%/yr vs 88.30%/yr for ARIS. A 0.56 correlation means they provide meaningful diversification when combined.
Performance
ASM vs. ARIS - Performance Comparison
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Returns By Period
In the year-to-date period, ASM achieves a 2.90% return, which is significantly higher than ARIS's -2.09% return.
ASM
- 1D
- 6.86%
- 1M
- -10.50%
- YTD
- 2.90%
- 6M
- 7.58%
- 1Y
- 79.49%
- 3Y*
- 109.07%
- 5Y*
- 37.29%
- 10Y*
- 11.05%
ARIS
- 1D
- 5.23%
- 1M
- -12.60%
- YTD
- -2.09%
- 6M
- 1.15%
- 1Y
- 137.16%
- 3Y*
- 88.30%
- 5Y*
- —
- 10Y*
- —
ASM vs. ARIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASM Avino Silver & Gold Mines Ltd. | 2.90% | 604.88% | 68.13% | -22.95% | -21.01% | -6.21% |
ARIS Aris Water Solutions, Inc. | -2.09% | 363.71% | 6.54% | 31.93% | -39.60% | 1.33% |
Correlation
The correlation between ASM and ARIS is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021 | 0.57 |
The correlation between ASM and ARIS has been stable across timeframes, ranging from 0.56 to 0.61 - a consistent structural relationship.
Fundamentals
ASM:
$1.11B
ARIS:
$3.32B
ASM:
$0.23
ARIS:
$0.87
ASM:
28.13
ARIS:
18.19
ASM:
0.08
ARIS:
0.36
ASM:
9.37
ARIS:
2.76
ASM:
4.02
ARIS:
2.11
ASM:
$110.70M
ARIS:
$1.14B
ASM:
$59.09M
ARIS:
$612.94M
ASM:
$55.20M
ARIS:
$432.53M
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Return for Risk
ASM vs. ARIS — Risk / Return Rank
ASM
ARIS
ASM vs. ARIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avino Silver & Gold Mines Ltd. (ASM) and Aris Water Solutions, Inc. (ARIS). 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.
| ASM | ARIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.40 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 4.87 | -3.48 |
| Martin ratioReturn relative to average drawdown | 2.95 | 16.85 | -13.90 |
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Drawdowns
ASM vs. ARIS - Drawdown Comparison
The maximum ASM drawdown since its inception was -94.10%, which is greater than ARIS's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for ASM and ARIS.
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Drawdown Indicators
| ASM | ARIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.10% | -57.98% | -36.12% |
Max Drawdown (1Y)Largest decline over 1 year | -52.40% | -34.32% | -18.08% |
Max Drawdown (3Y)Largest decline over 3 years | -52.40% | -34.46% | -17.94% |
Max Drawdown (5Y)Largest decline over 5 years | -67.29% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -90.91% | — | — |
Current DrawdownCurrent decline from peak | -43.15% | -26.61% | -16.54% |
Average DrawdownAverage peak-to-trough decline | -63.76% | -22.67% | -41.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.57% | 9.35% | +15.22% |
Volatility
ASM vs. ARIS - Volatility Comparison
Avino Silver & Gold Mines Ltd. (ASM) has a higher volatility of 26.77% compared to Aris Water Solutions, Inc. (ARIS) at 21.05%. This indicates that ASM's price experiences larger fluctuations and is considered to be riskier than ARIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASM | ARIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.77% | 21.05% | +5.72% |
Volatility (6M)Calculated over the trailing 6-month period | 65.36% | 46.30% | +19.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.16% | 58.35% | +23.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.03% | 53.11% | +12.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.72% | 53.11% | +16.61% |
Dividends
ASM vs. ARIS - Dividend Comparison
Neither ASM nor ARIS 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% |
ASM Avino Silver & Gold Mines Ltd. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ASM vs. ARIS - Financials Comparison
This section allows you to compare key financial metrics between Avino Silver & Gold Mines Ltd. and Aris Water Solutions, 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
ASM vs. ARIS - Profitability Comparison
ASM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a gross profit of 25.51M and revenue of 41.41M. Therefore, the gross margin over that period was 61.6%.
ARIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
ASM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported an operating income of 21.76M and revenue of 41.41M, resulting in an operating margin of 52.5%.
ARIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
ASM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avino Silver & Gold Mines Ltd. reported a net income of 15.69M and revenue of 41.41M, resulting in a net margin of 37.9%.
ARIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
Frequently Asked Questions
ASM and ARIS have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASM has higher volatility (26.77%) compared to ARIS (21.05%). In terms of maximum drawdown, ASM dropped -94.10% vs ARIS's -57.98%.
ARIS currently has the higher Sharpe Ratio (2.87 vs 0.89), 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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