NBGRY vs. ARES
NBGRY (National Bank of Greece S.A) and ARES (Ares Management Corporation) are both stocks. Both are in the Financial Services sector — NBGRY in Banks - Regional, ARES in Asset Management. Over the past 3 years, NBGRY returned 44.58%/yr vs 17.13%/yr for ARES. At a 0.06 correlation, their price movements are largely independent.
Performance
NBGRY vs. ARES - Performance Comparison
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Returns By Period
In the year-to-date period, NBGRY achieves a 9.23% return, which is significantly higher than ARES's -18.16% return.
NBGRY
- 1D
- -0.99%
- 1M
- 2.67%
- YTD
- 9.23%
- 6M
- 4.05%
- 1Y
- 45.36%
- 3Y*
- 44.58%
- 5Y*
- —
- 10Y*
- —
ARES
- 1D
- 6.01%
- 1M
- 6.13%
- YTD
- -18.16%
- 6M
- -17.96%
- 1Y
- -19.81%
- 3Y*
- 17.13%
- 5Y*
- 22.02%
- 10Y*
- 29.93%
NBGRY vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NBGRY National Bank of Greece S.A | 9.23% | 106.86% | 27.63% | 105.97% | -17.83% | 24.84% |
ARES Ares Management Corporation | -18.16% | -5.72% | 52.68% | 79.52% | -12.75% | 14.18% |
Correlation
The correlation between NBGRY and ARES is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2021 | 0.06 |
Fundamentals
NBGRY:
$1.19
ARES:
$2.83
NBGRY:
14.18
ARES:
46.10
NBGRY:
1.98
ARES:
1.84
NBGRY:
5.08
ARES:
4.55
NBGRY:
$3.04B
ARES:
$6.31B
NBGRY:
$2.50B
ARES:
$4.46B
NBGRY:
$1.54B
ARES:
$2.42B
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Return for Risk
NBGRY vs. ARES — Risk / Return Rank
NBGRY
ARES
NBGRY vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Bank of Greece S.A (NBGRY) 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.
| NBGRY | ARES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.21 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.94 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.70 | -0.41 | +2.10 |
| Martin ratioReturn relative to average drawdown | 4.19 | -0.81 | +5.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NBGRY | ARES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.72 | -0.49 | +1.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.59 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.72 | 0.64 | +0.08 |
Drawdowns
NBGRY vs. ARES - Drawdown Comparison
The maximum NBGRY drawdown since its inception was -33.10%, smaller than the maximum ARES drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for NBGRY and ARES.
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Drawdown Indicators
| NBGRY | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.10% | -49.73% | +16.63% |
Max Drawdown (1Y)Largest decline over 1 year | -27.01% | -49.05% | +22.04% |
Max Drawdown (3Y)Largest decline over 3 years | -30.16% | -49.73% | +19.57% |
Max Drawdown (5Y)Largest decline over 5 years | — | -49.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -49.73% | — |
Current DrawdownCurrent decline from peak | -13.18% | -31.09% | +17.91% |
Average DrawdownAverage peak-to-trough decline | -11.78% | -11.29% | -0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.88% | 24.55% | -13.67% |
Volatility
NBGRY vs. ARES - Volatility Comparison
National Bank of Greece S.A (NBGRY) has a higher volatility of 11.24% compared to Ares Management Corporation (ARES) at 10.60%. This indicates that NBGRY'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.
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Volatility by Period
| NBGRY | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.24% | 10.60% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 44.54% | 35.34% | +9.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 63.50% | 40.98% | +22.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.92% | 37.31% | +26.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 63.92% | 36.67% | +27.25% |
Dividends
NBGRY vs. ARES - Dividend Comparison
NBGRY's dividend yield for the trailing twelve months is around 4.51%, more than ARES's 4.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 4.26% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
NBGRY National Bank of Greece S.A | 4.51% | 4.92% | 5.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NBGRY vs. ARES - Financials Comparison
This section allows you to compare key financial metrics between National Bank of Greece S.A 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.
Total Revenue: Total amount of money received from sales and other business activities
NBGRY vs. ARES - Profitability Comparison
NBGRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Bank of Greece S.A reported a gross profit of 602.75M and revenue of 756.23M. Therefore, the gross margin over that period was 79.7%.
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%.
NBGRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Bank of Greece S.A reported an operating income of 363.89M and revenue of 756.23M, resulting in an operating margin of 48.1%.
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%.
NBGRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Bank of Greece S.A reported a net income of 276.47M and revenue of 756.23M, resulting in a net margin of 36.6%.
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
NBGRY and ARES have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NBGRY has higher volatility (11.24%) compared to ARES (10.60%). In terms of maximum drawdown, NBGRY dropped -33.10% vs ARES's -49.73%.
NBGRY currently has the higher Sharpe Ratio (0.72 vs -0.49), 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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