NICE vs. ARIS

Last updated Jul 11, 2026

NICE (NICE Ltd.) and ARIS (Aris Water Solutions, Inc.) are both stocks. NICE operates in Software - Application (Technology), while ARIS operates in Utilities - Regulated Water (Utilities). Over the past 3 years, NICE returned -21.22%/yr vs 82.13%/yr for ARIS. At a 0.11 correlation, their price movements are largely independent.

Performance

NICE vs. ARIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NICE Ltd. (NICE) 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, NICE achieves a -11.77% return, which is significantly lower than ARIS's -10.29% return.

NICE

• 1D: 1.92%
• 1M: 13.24%
• 6M: -14.80%
• YTD: -11.77%
• 1Y: -35.59%
• 3Y*: -21.22%
• 5Y*: -17.19%
• 10Y*: 4.49%

ARIS

• 1D: -1.29%
• 1M: -3.58%
• 6M: -12.61%
• YTD: -10.29%
• 1Y: 106.52%
• 3Y*: 82.13%
• 5Y*: —
• 10Y*: —

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

NICE vs. ARIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
NICE NICE Ltd.	-11.77%	-33.44%	-14.87%	3.75%	-36.66%	8.41%
ARIS Aris Water Solutions, Inc.	-10.29%	363.71%	6.54%	31.93%	-39.60%	1.33%

Correlation

The correlation between NICE and ARIS is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 22, 2021	0.11

The correlation between NICE and ARIS shifts across timeframes, from -0.01 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NICE : $5.84B ARIS : $3.01B
EPS NICE : $8.52 ARIS : $0.85
PE Ratio NICE : 11.70 ARIS : 17.19
PEG Ratio NICE : 0.35 ARIS : 0.34
PS Ratio NICE : 2.06 ARIS : 2.61
PB Ratio NICE : 1.64 ARIS : 1.94
Total Revenue (TTM) NICE : $3.01B ARIS : $1.14B
Gross Profit (TTM) NICE : $1.98B ARIS : $612.94M
EBITDA (TTM) NICE : $841.27M ARIS : $432.53M

Return for Risk

NICE vs. ARIS — Risk / Return Rank

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

NICE

NICE Risk / Return Rank: 14
NICE Sharpe Ratio Rank: 12
NICE Sortino Ratio Rank: 15
NICE Omega Ratio Rank: 13
NICE Calmar Ratio Rank: 15
NICE Martin Ratio Rank: 16

ARIS

ARIS Risk / Return Rank: 89
ARIS Sharpe Ratio Rank: 93
ARIS Sortino Ratio Rank: 85
ARIS Omega Ratio Rank: 86
ARIS Calmar Ratio Rank: 90
ARIS Martin Ratio Rank: 91

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.

NICE vs. ARIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NICE Ltd. (NICE) 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.

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.

	NICE	ARIS	Difference
Sharpe ratio: Return per unit of total volatility	-0.76	2.14	-2.90
Sortino ratio: Return per unit of downside risk	-0.89	2.39	-3.28
Omega ratio: Gain probability vs. loss probability	0.87	1.33	-0.46
Calmar ratio: Return relative to maximum drawdown	-0.76	3.71	-4.47
Martin ratio: Return relative to average drawdown	-1.20	10.23	-11.43

NICE vs. ARIS - Sharpe Ratio Comparison

The current NICE Sharpe Ratio is -0.76, which is lower than the ARIS Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of NICE 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.

Drawdowns

NICE vs. ARIS - Drawdown Comparison

The maximum NICE drawdown since its inception was -93.23%, which is greater than ARIS's maximum drawdown of -57.98%. Use the drawdown chart below to compare losses from any high point for NICE and ARIS.

Drawdown Indicators

	NICE	ARIS	Difference
Max Drawdown Largest peak-to-trough decline	-93.23%	-57.98%	-35.25%
Max Drawdown (1Y) Largest decline over 1 year	-51.19%	-35.29%	-15.90%
Max Drawdown (3Y) Largest decline over 3 years	-68.21%	-35.29%	-32.92%
Max Drawdown (5Y) Largest decline over 5 years	-73.60%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-73.60%	—	—
Current Drawdown Current decline from peak	-68.34%	-32.75%	-35.59%
Average Drawdown Average peak-to-trough decline	-35.27%	-22.75%	-12.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.47%	12.01%	+20.46%

Volatility

NICE vs. ARIS - Volatility Comparison

The current volatility for NICE Ltd. (NICE) is 10.16%, while Aris Water Solutions, Inc. (ARIS) has a volatility of 21.89%. This indicates that NICE experiences smaller price fluctuations and is considered to be less risky than ARIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NICE	ARIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.16%	21.89%	-11.73%
Volatility (6M) Calculated over the trailing 6-month period	42.52%	47.67%	-5.15%
Volatility (1Y) Calculated over the trailing 1-year period	51.48%	61.12%	-9.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.92%	53.45%	-13.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.27%	53.45%	-20.18%

Dividends

NICE vs. ARIS - Dividend Comparison

Neither NICE nor ARIS has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ARIS Aris Water Solutions, Inc.	0.00%	0.00%	0.00%	0.00%	3.84%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NICE NICE Ltd.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.14%	0.76%	0.91%

Financials

NICE vs. ARIS - Profitability Comparison

The chart below illustrates the profitability comparison between NICE Ltd. and Aris Water Solutions, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NICE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a gross profit of 493.46M and revenue of 766.53M. Therefore, the gross margin over that period was 64.4%.

ARIS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported a gross profit of 217.03M and revenue of 372.48M. Therefore, the gross margin over that period was 58.3%.

NICE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported an operating income of 126.41M and revenue of 766.53M, resulting in an operating margin of 16.5%.

ARIS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported an operating income of 179.05M and revenue of 372.48M, resulting in an operating margin of 48.1%.

NICE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, NICE Ltd. reported a net income of 46.69M and revenue of 766.53M, resulting in a net margin of 6.1%.

ARIS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Aris Water Solutions, Inc. reported a net income of 97.61M and revenue of 372.48M, resulting in a net margin of 26.2%.

Frequently Asked Questions

Can I hold both NICE and ARIS in my portfolio?

NICE and ARIS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NICE or ARIS?

ARIS has higher volatility (21.89%) compared to NICE (10.16%). In terms of maximum drawdown, NICE dropped -93.23% vs ARIS's -57.98%.

Which has better risk-adjusted returns?

ARIS currently has the higher Sharpe Ratio (2.14 vs -0.76), 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.