MLECW vs. ARIS

Last updated Jun 4, 2026

MLECW (Moolec Science SA Warrant) and ARIS (Aris Water Solutions, Inc.) are both stocks. MLECW operates in Biotechnology (Healthcare), while ARIS operates in Utilities - Regulated Water (Utilities). Over the past 3 years, MLECW returned -34.96%/yr vs 89.91%/yr for ARIS. At a 0.05 correlation, their price movements are largely independent.

Performance

MLECW vs. ARIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Moolec Science SA Warrant (MLECW) and Aris Water Solutions, Inc. (ARIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLECW achieves a 268.98% return, which is significantly higher than ARIS's 3.82% return.

MLECW

• 1D: 26.63%
• 1M: -6.95%
• YTD: 268.98%
• 6M: 76.87%
• 1Y: 122.93%
• 3Y*: -34.96%
• 5Y*: —
• 10Y*: —

ARIS

• 1D: -4.26%
• 1M: -3.82%
• YTD: 3.82%
• 6M: 20.36%
• 1Y: 145.27%
• 3Y*: 89.91%
• 5Y*: —
• 10Y*: —

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

MLECW vs. ARIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MLECW Moolec Science SA Warrant	268.98%	-77.17%	15.45%	-89.52%
ARIS Aris Water Solutions, Inc.	3.82%	363.71%	6.54%	23.50%

Correlation

The correlation between MLECW and ARIS is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (3Y) Calculated over the trailing 3-year period	0.04
Correlation (All Time) Calculated using the full available price history since Jan 4, 2023	0.05

Fundamentals

Total Revenue (TTM) MLECW : $7.83M ARIS : $1.14B
Gross Profit (TTM) MLECW : -$639.50K ARIS : $612.94M
EBITDA (TTM) MLECW : -$5.21M ARIS : $432.53M

Return for Risk

MLECW vs. ARIS — Risk / Return Rank

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

MLECW

MLECW Risk / Return Rank: 74
MLECW Sharpe Ratio Rank: 56
MLECW Sortino Ratio Rank: 90
MLECW Omega Ratio Rank: 88
MLECW Calmar Ratio Rank: 71
MLECW Martin Ratio Rank: 65

ARIS

ARIS Risk / Return Rank: 93
ARIS Sharpe Ratio Rank: 95
ARIS Sortino Ratio Rank: 88
ARIS Omega Ratio Rank: 89
ARIS Calmar Ratio Rank: 96
ARIS Martin Ratio Rank: 95

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.

MLECW vs. ARIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Moolec Science SA Warrant (MLECW) 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.

	MLECW	ARIS	Difference
Sharpe ratio Return per unit of total volatility	0.41	3.17	-2.75
Sortino ratio Return per unit of downside risk	3.21	3.01	+0.20
Omega ratio Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio Return relative to maximum drawdown	1.63	8.09	-6.46
Martin ratio Return relative to average drawdown	2.76	21.05	-18.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLECW vs. ARIS - Sharpe Ratio Comparison

The current MLECW Sharpe Ratio is 0.41, which is lower than the ARIS Sharpe Ratio of 3.17. The chart below compares the historical Sharpe Ratios of MLECW and ARIS, 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

	MLECW	ARIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.41	3.17	-2.75
Sharpe Ratio (All Time) Calculated using the full available price history	-0.16	0.70	-0.86

Drawdowns

MLECW vs. ARIS - Drawdown Comparison

The maximum MLECW drawdown since its inception was -97.82%, which is greater than ARIS's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for MLECW and ARIS.

Drawdown Indicators

	MLECW	ARIS	Difference
Max Drawdown Largest peak-to-trough decline	-97.82%	-57.98%	-39.84%
Max Drawdown (1Y) Largest decline over 1 year	-75.63%	-22.17%	-53.46%
Max Drawdown (3Y) Largest decline over 3 years	-94.66%	-34.46%	-60.20%
Current Drawdown Current decline from peak	-90.27%	-22.17%	-68.10%
Average Drawdown Average peak-to-trough decline	-79.43%	-22.65%	-56.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	44.77%	8.03%	+36.74%

Volatility

MLECW vs. ARIS - Volatility Comparison

Moolec Science SA Warrant (MLECW) has a higher volatility of 44.33% compared to Aris Water Solutions, Inc. (ARIS) at 18.04%. This indicates that MLECW'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.

Volatility by Period

	MLECW	ARIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	44.33%	18.04%	+26.29%
Volatility (6M) Calculated over the trailing 6-month period	214.82%	46.34%	+168.48%
Volatility (1Y) Calculated over the trailing 1-year period	300.75%	56.66%	+244.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	304.70%	52.79%	+251.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	304.70%	52.79%	+251.91%

Dividends

MLECW vs. ARIS - Dividend Comparison

Neither MLECW 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%
MLECW Moolec Science SA Warrant	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both MLECW and ARIS in my portfolio?

MLECW and ARIS have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLECW or ARIS?

MLECW has higher volatility (44.33%) compared to ARIS (18.04%). In terms of maximum drawdown, MLECW dropped -97.82% vs ARIS's -57.98%.

Which has better risk-adjusted returns?

ARIS currently has the higher Sharpe Ratio (3.17 vs 0.41), 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.