EFC vs. ARI
EFC (Ellington Financial Inc.) and ARI (Apollo Commercial Real Estate Finance, Inc.) are both stocks. Both operate in the REIT - Mortgage industry within the Real Estate sector. Over the past 10 years, EFC returned 9.12%/yr vs 7.52%/yr for ARI. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
EFC vs. ARI - Performance Comparison
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Returns By Period
In the year-to-date period, EFC achieves a 4.12% return, which is significantly lower than ARI's 14.60% return. Over the past 10 years, EFC has outperformed ARI with an annualized return of 9.12%, while ARI has yielded a comparatively lower 7.52% annualized return.
EFC
- 1D
- 0.15%
- 1M
- 0.52%
- YTD
- 4.12%
- 6M
- 3.14%
- 1Y
- 18.27%
- 3Y*
- 13.32%
- 5Y*
- 5.86%
- 10Y*
- 9.12%
ARI
- 1D
- 1.03%
- 1M
- -1.37%
- YTD
- 14.60%
- 6M
- 13.46%
- 1Y
- 22.16%
- 3Y*
- 10.54%
- 5Y*
- 4.00%
- 10Y*
- 7.52%
EFC vs. ARI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EFC Ellington Financial Inc. | 4.12% | 26.13% | 8.68% | 18.16% | -18.32% | 26.33% | -10.16% | 32.43% | 17.29% | 4.34% |
ARI Apollo Commercial Real Estate Finance, Inc. | 14.60% | 23.83% | -16.51% | 24.46% | -7.12% | 29.66% | -29.03% | 21.15% | -0.03% | 22.51% |
Correlation
The correlation between EFC and ARI is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.63 |
Correlation (All Time) Calculated using the full available price history since Oct 8, 2010 | 0.54 |
The correlation between EFC and ARI shifts across timeframes, from 0.53 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EFC:
$1.64B
ARI:
$1.51B
EFC:
$1.95
ARI:
$0.91
EFC:
6.91
ARI:
11.89
EFC:
0.05
ARI:
0.00
EFC:
3.37
ARI:
2.54
EFC:
0.96
ARI:
0.84
EFC:
$417.93M
ARI:
$595.26M
EFC:
$347.01M
ARI:
$429.14M
EFC:
$270.77M
ARI:
$372.79M
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Return for Risk
EFC vs. ARI — Risk / Return Rank
EFC
ARI
EFC vs. ARI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ellington Financial Inc. (EFC) and Apollo Commercial Real Estate Finance, Inc. (ARI). 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.
| EFC | ARI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 2.22 | -1.18 |
| Martin ratioReturn relative to average drawdown | 3.37 | 4.97 | -1.59 |
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Drawdowns
EFC vs. ARI - Drawdown Comparison
The maximum EFC drawdown since its inception was -79.08%, roughly equal to the maximum ARI drawdown of -77.39%. Use the drawdown chart below to compare losses from any high point for EFC and ARI.
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Drawdown Indicators
| EFC | ARI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.08% | -77.39% | -1.69% |
Max Drawdown (1Y)Largest decline over 1 year | -17.71% | -10.04% | -7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -18.86% | -24.73% | +5.87% |
Max Drawdown (5Y)Largest decline over 5 years | -34.19% | -40.95% | +6.76% |
Max Drawdown (10Y)Largest decline over 10 years | -79.08% | -77.39% | -1.69% |
Current DrawdownCurrent decline from peak | -1.75% | -3.48% | +1.73% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -9.04% | -0.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.43% | 4.47% | +0.96% |
Volatility
EFC vs. ARI - Volatility Comparison
Ellington Financial Inc. (EFC) and Apollo Commercial Real Estate Finance, Inc. (ARI) have volatilities of 4.43% and 4.36%, 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.
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Volatility by Period
| EFC | ARI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.43% | 4.36% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 13.27% | 13.69% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.64% | 19.06% | -1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.95% | 30.73% | -6.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.26% | 43.99% | -1.73% |
Dividends
EFC vs. ARI - Dividend Comparison
EFC's dividend yield for the trailing twelve months is around 11.61%, more than ARI's 9.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARI Apollo Commercial Real Estate Finance, Inc. | 9.23% | 10.33% | 13.86% | 11.93% | 13.01% | 10.64% | 12.98% | 10.06% | 11.04% | 9.97% | 11.07% | 10.33% |
EFC Ellington Financial Inc. | 11.61% | 11.49% | 13.20% | 14.16% | 14.55% | 9.60% | 8.49% | 9.87% | 10.70% | 12.13% | 12.56% | 14.60% |
Financials
EFC vs. ARI - Financials Comparison
This section allows you to compare key financial metrics between Ellington Financial Inc. and Apollo Commercial Real Estate Finance, 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
Frequently Asked Questions
EFC and ARI have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EFC has higher volatility (4.43%) compared to ARI (4.36%). In terms of maximum drawdown, EFC dropped -79.08% vs ARI's -77.39%.
ARI currently has the higher Sharpe Ratio (1.17 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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