FITB vs. ARES

Last updated Jun 3, 2026

FITB (Fifth Third Bancorp) and ARES (Ares Management Corporation) are both stocks. Both are in the Financial Services sector — FITB in Banks - Regional, ARES in Asset Management. Over the past 10 years, FITB returned 14.27%/yr vs 29.76%/yr for ARES. At a 0.37 correlation, their price movements are largely independent.

Performance

FITB vs. ARES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fifth Third Bancorp (FITB) and Ares Management Corporation (ARES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FITB achieves a 8.45% return, which is significantly higher than ARES's -19.55% return. Over the past 10 years, FITB has underperformed ARES with an annualized return of 14.27%, while ARES has yielded a comparatively higher 29.76% annualized return.

FITB

• 1D: 3.60%
• 1M: -0.24%
• YTD: 8.45%
• 6M: 17.07%
• 1Y: 36.86%
• 3Y*: 29.72%
• 5Y*: 7.52%
• 10Y*: 14.27%

ARES

• 1D: -0.36%
• 1M: 7.80%
• YTD: -19.55%
• 6M: -17.77%
• 1Y: -20.12%
• 3Y*: 16.40%
• 5Y*: 21.76%
• 10Y*: 29.76%

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

FITB vs. ARES - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FITB Fifth Third Bancorp	8.45%	14.75%	27.20%	10.41%	-21.94%	62.46%	-5.43%	35.20%	-20.32%	15.02%
ARES Ares Management Corporation	-19.55%	-5.72%	52.68%	79.52%	-12.75%	77.75%	37.37%	110.13%	-5.54%	10.72%

Correlation

The correlation between FITB and ARES is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.40
Correlation (All Time) Calculated using the full available price history since May 5, 2014	0.37

Fundamentals

EPS FITB : $3.06 ARES : $2.83
PE Ratio FITB : 16.46 ARES : 45.31
PS Ratio FITB : 2.62 ARES : 4.47
Total Revenue (TTM) FITB : $13.66B ARES : $6.31B
Gross Profit (TTM) FITB : $9.10B ARES : $4.46B
EBITDA (TTM) FITB : $3.03B ARES : $2.42B

Return for Risk

FITB vs. ARES — Risk / Return Rank

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

FITB

FITB Risk / Return Rank: 75
FITB Sharpe Ratio Rank: 80
FITB Sortino Ratio Rank: 75
FITB Omega Ratio Rank: 75
FITB Calmar Ratio Rank: 71
FITB Martin Ratio Rank: 74

ARES

ARES Risk / Return Rank: 22
ARES Sharpe Ratio Rank: 19
ARES Sortino Ratio Rank: 20
ARES Omega Ratio Rank: 19
ARES Calmar Ratio Rank: 26
ARES Martin Ratio Rank: 25

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.

FITB vs. ARES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fifth Third Bancorp (FITB) and Ares Management Corporation (ARES). 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.

	FITB	ARES	Difference
Sharpe ratio Return per unit of total volatility	1.45	-0.50	+1.95
Sortino ratio Return per unit of downside risk	2.01	-0.47	+2.48
Omega ratio Gain probability vs. loss probability	1.27	0.94	+0.33
Calmar ratio Return relative to maximum drawdown	1.72	-0.40	+2.12
Martin ratio Return relative to average drawdown	4.84	-0.80	+5.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FITB vs. ARES - Sharpe Ratio Comparison

The current FITB Sharpe Ratio is 1.45, which is higher than the ARES Sharpe Ratio of -0.50. The chart below compares the historical Sharpe Ratios of FITB and ARES, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FITB	ARES	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.45	-0.50	+1.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.24	0.59	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.82	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.64	-0.43

Drawdowns

FITB vs. ARES - Drawdown Comparison

The maximum FITB drawdown since its inception was -98.13%, which is greater than ARES's maximum drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for FITB and ARES.

Drawdown Indicators

	FITB	ARES	Difference
Max Drawdown Largest peak-to-trough decline	-98.13%	-49.73%	-48.40%
Max Drawdown (1Y) Largest decline over 1 year	-21.21%	-49.05%	+27.84%
Max Drawdown (3Y) Largest decline over 3 years	-29.95%	-49.73%	+19.78%
Max Drawdown (5Y) Largest decline over 5 years	-51.68%	-49.73%	-1.95%
Max Drawdown (10Y) Largest decline over 10 years	-64.06%	-49.73%	-14.33%
Current Drawdown Current decline from peak	-7.84%	-32.26%	+24.42%
Average Drawdown Average peak-to-trough decline	-31.47%	-11.28%	-20.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.53%	24.39%	-16.86%

Volatility

FITB vs. ARES - Volatility Comparison

Fifth Third Bancorp (FITB) and Ares Management Corporation (ARES) have volatilities of 7.80% and 8.04%, 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

	FITB	ARES	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.80%	8.04%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	19.92%	34.65%	-14.73%
Volatility (1Y) Calculated over the trailing 1-year period	25.52%	40.35%	-14.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.87%	37.17%	-5.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.28%	36.61%	-0.33%

Dividends

FITB vs. ARES - Dividend Comparison

FITB's dividend yield for the trailing twelve months is around 3.12%, less than ARES's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARES Ares Management Corporation	4.33%	3.29%	2.10%	2.59%	3.57%	2.31%	3.40%	3.59%	7.50%	5.65%	4.32%	6.81%
FITB Fifth Third Bancorp	3.12%	3.29%	3.41%	3.94%	3.84%	2.62%	3.92%	3.06%	3.14%	1.98%	1.97%	2.59%

Financials

FITB vs. ARES - Profitability Comparison

The chart below illustrates the profitability comparison between Fifth Third Bancorp and Ares Management Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FITB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fifth Third Bancorp reported a gross profit of 2.60B and revenue of 3.87B. Therefore, the gross margin over that period was 67.3%.

ARES - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported a gross profit of 1.47B and revenue of 1.53B. Therefore, the gross margin over that period was 96.1%.

FITB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fifth Third Bancorp reported an operating income of 207.00M and revenue of 3.87B, resulting in an operating margin of 5.4%.

ARES - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported an operating income of 364.95M and revenue of 1.53B, resulting in an operating margin of 23.8%.

FITB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fifth Third Bancorp reported a net income of 165.00M and revenue of 3.87B, resulting in a net margin of 4.3%.

ARES - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ares Management Corporation reported a net income of 142.59M and revenue of 1.53B, resulting in a net margin of 9.3%.

Frequently Asked Questions

Can I hold both FITB and ARES in my portfolio?

FITB and ARES have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITB or ARES?

ARES has higher volatility (8.04%) compared to FITB (7.80%). In terms of maximum drawdown, FITB dropped -98.13% vs ARES's -49.73%.

Which has better risk-adjusted returns?

FITB currently has the higher Sharpe Ratio (1.45 vs -0.50), 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.