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FTNT vs. ARES
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

FTNT vs. ARES - Performance Comparison

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

0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
51.21%
21.82%
FTNT
ARES

Returns By Period

In the year-to-date period, FTNT achieves a 58.50% return, which is significantly higher than ARES's 50.61% return. Both investments have delivered pretty close results over the past 10 years, with FTNT having a 32.81% annualized return and ARES not far behind at 32.65%.


FTNT

YTD

58.50%

1M

15.43%

6M

51.21%

1Y

75.14%

5Y (annualized)

34.97%

10Y (annualized)

32.81%

ARES

YTD

50.61%

1M

2.75%

6M

21.82%

1Y

65.10%

5Y (annualized)

44.79%

10Y (annualized)

32.65%

Fundamentals


FTNTARES
Market Cap$70.86B$54.79B
EPS$1.99$2.19
PE Ratio46.4679.91
PEG Ratio1.610.63
Total Revenue (TTM)$5.71B$3.74B
Gross Profit (TTM)$4.55B$1.97B
EBITDA (TTM)$1.77B$2.33B

Key characteristics


FTNTARES
Sharpe Ratio1.932.48
Sortino Ratio3.233.12
Omega Ratio1.411.40
Calmar Ratio2.085.17
Martin Ratio7.1914.74
Ulcer Index10.45%4.46%
Daily Std Dev38.93%26.48%
Max Drawdown-51.20%-45.85%
Current Drawdown-6.43%0.00%

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Correlation

-0.50.00.51.00.3

The correlation between FTNT and ARES is 0.33, 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.

Risk-Adjusted Performance

FTNT vs. ARES - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortinet, Inc. (FTNT) 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.


Sharpe ratio
The chart of Sharpe ratio for FTNT, currently valued at 1.93, compared to the broader market-4.00-2.000.002.004.001.932.48
The chart of Sortino ratio for FTNT, currently valued at 3.23, compared to the broader market-4.00-2.000.002.004.003.233.12
The chart of Omega ratio for FTNT, currently valued at 1.41, compared to the broader market0.501.001.502.001.411.40
The chart of Calmar ratio for FTNT, currently valued at 2.08, compared to the broader market0.002.004.006.002.085.17
The chart of Martin ratio for FTNT, currently valued at 7.19, compared to the broader market0.0010.0020.0030.007.1914.74
FTNT
ARES

The current FTNT Sharpe Ratio is 1.93, which is comparable to the ARES Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of FTNT and ARES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.93
2.48
FTNT
ARES

Dividends

FTNT vs. ARES - Dividend Comparison

FTNT has not paid dividends to shareholders, while ARES's dividend yield for the trailing twelve months is around 2.03%.


TTM2023202220212020201920182017201620152014
FTNT
Fortinet, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ARES
Ares Management Corporation
2.03%2.59%3.57%2.31%3.40%3.59%7.50%6.30%4.32%6.81%2.45%

Drawdowns

FTNT vs. ARES - Drawdown Comparison

The maximum FTNT drawdown since its inception was -51.20%, which is greater than ARES's maximum drawdown of -45.85%. Use the drawdown chart below to compare losses from any high point for FTNT and ARES. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.43%
0
FTNT
ARES

Volatility

FTNT vs. ARES - Volatility Comparison

Fortinet, Inc. (FTNT) has a higher volatility of 13.58% compared to Ares Management Corporation (ARES) at 8.52%. This indicates that FTNT's price experiences larger fluctuations and is considered to be riskier than ARES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
13.58%
8.52%
FTNT
ARES

Financials

FTNT vs. ARES - Financials Comparison

This section allows you to compare key financial metrics between Fortinet, Inc. and Ares Management Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items