RACE.MI vs. ARES
RACE.MI (Ferrari NV) and ARES (Ares Management Corporation) are both stocks. RACE.MI operates in Auto Manufacturers (Consumer Cyclical), while ARES operates in Asset Management (Financial Services). Over the past 10 years, RACE.MI returned 24.64%/yr vs 30.78%/yr for ARES. At a 0.21 correlation, their price movements are largely independent.
Performance
RACE.MI vs. ARES - Performance Comparison
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Different Trading Currencies
RACE.MI is traded in EUR, while ARES is traded in USD. To make them comparable, the ARES values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, RACE.MI achieves a -2.62% return, which is significantly higher than ARES's -14.10% return. Over the past 10 years, RACE.MI has underperformed ARES with an annualized return of 24.64%, while ARES has yielded a comparatively higher 30.78% annualized return.
RACE.MI
- 1D
- -1.11%
- 1M
- 9.82%
- YTD
- -2.62%
- 6M
- -0.91%
- 1Y
- -22.70%
- 3Y*
- 4.04%
- 5Y*
- 12.90%
- 10Y*
- 24.64%
ARES
- 1D
- 1.65%
- 1M
- 9.87%
- YTD
- -14.10%
- 6M
- -19.24%
- 1Y
- -16.01%
- 3Y*
- 13.36%
- 5Y*
- 22.80%
- 10Y*
- 30.78%
RACE.MI vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RACE.MI Ferrari NV | -2.62% | -22.12% | 35.98% | 53.55% | -11.42% | 21.19% | 28.53% | 71.87% | -0.06% | 59.66% |
ARES Ares Management Corporation | -14.10% | -16.91% | 62.76% | 74.13% | -7.35% | 91.05% | 26.05% | 114.88% | -1.10% | -2.89% |
Correlation
The correlation between RACE.MI and ARES is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.21 |
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Return for Risk
RACE.MI vs. ARES — Risk / Return Rank
RACE.MI
ARES
RACE.MI vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ferrari NV (RACE.MI) 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.
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.
| RACE.MI | ARES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.42 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.95 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.66 | -0.37 | -0.29 |
| Martin ratioReturn relative to average drawdown | -1.01 | -0.71 | -0.29 |
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Drawdowns
RACE.MI vs. ARES - Drawdown Comparison
The maximum RACE.MI drawdown since its inception was -43.44%, smaller than the maximum ARES drawdown of -54.77%. Use the drawdown chart below to compare losses from any high point for RACE.MI and ARES.
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Drawdown Indicators
| RACE.MI | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.44% | -54.77% | +11.33% |
Max Drawdown (1Y)Largest decline over 1 year | -37.90% | -48.35% | +10.45% |
Max Drawdown (3Y)Largest decline over 3 years | -43.44% | -54.77% | +11.33% |
Max Drawdown (5Y)Largest decline over 5 years | -43.44% | -54.77% | +11.33% |
Max Drawdown (10Y)Largest decline over 10 years | -43.44% | -54.77% | +11.33% |
Current DrawdownCurrent decline from peak | -35.90% | -36.22% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -10.19% | -11.86% | +1.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.64% | 24.99% | -0.35% |
Volatility
RACE.MI vs. ARES - Volatility Comparison
Ferrari NV (RACE.MI) has a higher volatility of 12.53% compared to Ares Management Corporation (ARES) at 11.32%. This indicates that RACE.MI'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
| RACE.MI | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.53% | 11.32% | +1.21% |
Volatility (6M)Calculated over the trailing 6-month period | 25.21% | 34.78% | -9.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.08% | 41.16% | -5.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.12% | 36.93% | -8.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.83% | 36.75% | -8.92% |
Dividends
RACE.MI vs. ARES - Dividend Comparison
RACE.MI's dividend yield for the trailing twelve months is around 1.18%, less than ARES's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 4.12% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
RACE.MI Ferrari NV | 1.18% | 0.94% | 0.59% | 0.59% | 0.68% | 0.38% | 0.60% | 0.70% | 0.82% | 0.73% | 0.83% | 0.00% |
Financials
RACE.MI vs. ARES - Financials Comparison
This section allows you to compare key financial metrics between Ferrari NV 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
Frequently Asked Questions
RACE.MI and ARES have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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