RJF vs. ARES
RJF (Raymond James Financial, Inc.) and ARES (Ares Management Corporation) are both stocks. Both are in the Financial Services sector — RJF in Capital Markets, ARES in Asset Management. Over the past 10 years, RJF returned 17.32%/yr vs 29.88%/yr for ARES. At a 0.44 correlation, their price movements are largely independent.
Performance
RJF vs. ARES - Performance Comparison
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Returns By Period
In the year-to-date period, RJF achieves a -5.81% return, which is significantly higher than ARES's -20.44% return. Over the past 10 years, RJF has underperformed ARES with an annualized return of 17.32%, while ARES has yielded a comparatively higher 29.88% annualized return.
RJF
- 1D
- -0.83%
- 1M
- -2.68%
- YTD
- -5.81%
- 6M
- -7.87%
- 1Y
- 3.71%
- 3Y*
- 17.90%
- 5Y*
- 13.36%
- 10Y*
- 17.32%
ARES
- 1D
- 0.97%
- 1M
- 0.49%
- YTD
- -20.44%
- 6M
- -20.82%
- 1Y
- -24.22%
- 3Y*
- 14.73%
- 5Y*
- 20.40%
- 10Y*
- 29.88%
RJF vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RJF Raymond James Financial, Inc. | -5.81% | 4.74% | 40.83% | 6.12% | 8.32% | 59.48% | 8.70% | 22.80% | -15.65% | 29.99% |
ARES Ares Management Corporation | -20.44% | -5.72% | 52.68% | 79.52% | -12.75% | 77.75% | 37.37% | 110.13% | -5.54% | 10.72% |
Correlation
The correlation between RJF and ARES is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.58 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since May 5, 2014 | 0.44 |
Over the past year, RJF and ARES have become more correlated (0.65) than their long-term average of 0.44, meaning their price movements have been converging.
Fundamentals
RJF:
$10.55
ARES:
$2.83
RJF:
14.23
ARES:
44.81
RJF:
1.21
ARES:
1.79
RJF:
1.87
ARES:
4.43
RJF:
$16.35B
ARES:
$6.31B
RJF:
$6.99B
ARES:
$4.46B
RJF:
$1.40B
ARES:
$2.42B
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Return for Risk
RJF vs. ARES — Risk / Return Rank
RJF
ARES
RJF vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Raymond James Financial, Inc. (RJF) 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.
| RJF | ARES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.92 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.50 | +0.69 |
| Martin ratioReturn relative to average drawdown | 0.40 | -0.98 | +1.39 |
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
| RJF | ARES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.15 | -0.59 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.55 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.82 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.63 | -0.13 |
Drawdowns
RJF vs. ARES - Drawdown Comparison
The maximum RJF drawdown since its inception was -69.68%, which is greater than ARES's maximum drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for RJF and ARES.
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Drawdown Indicators
| RJF | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.68% | -49.73% | -19.95% |
Max Drawdown (1Y)Largest decline over 1 year | -19.64% | -49.05% | +29.41% |
Max Drawdown (3Y)Largest decline over 3 years | -28.12% | -49.73% | +21.61% |
Max Drawdown (5Y)Largest decline over 5 years | -32.11% | -49.73% | +17.62% |
Max Drawdown (10Y)Largest decline over 10 years | -45.59% | -49.73% | +4.14% |
Current DrawdownCurrent decline from peak | -14.02% | -33.01% | +18.99% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -11.31% | -3.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.19% | 24.72% | -15.53% |
Volatility
RJF vs. ARES - Volatility Comparison
The current volatility for Raymond James Financial, Inc. (RJF) is 7.61%, while Ares Management Corporation (ARES) has a volatility of 11.35%. This indicates that RJF experiences smaller price fluctuations and is considered to be less risky 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
| RJF | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.61% | 11.35% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 19.38% | 35.50% | -16.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.56% | 41.16% | -16.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.05% | 37.33% | -9.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.96% | 36.69% | -5.73% |
Dividends
RJF vs. ARES - Dividend Comparison
RJF's dividend yield for the trailing twelve months is around 1.38%, less than ARES's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARES Ares Management Corporation | 4.38% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
RJF Raymond James Financial, Inc. | 1.38% | 1.25% | 0.87% | 1.53% | 1.67% | 1.04% | 1.16% | 1.93% | 1.48% | 0.74% | 1.18% | 1.28% |
Financials
RJF vs. ARES - Financials Comparison
This section allows you to compare key financial metrics between Raymond James Financial, 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.
Total Revenue: Total amount of money received from sales and other business activities
RJF vs. ARES - Profitability Comparison
RJF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported a gross profit of -3.74B and revenue of 4.26B. Therefore, the gross margin over that period was -87.6%.
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%.
RJF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported an operating income of -728.00M and revenue of 4.26B, resulting in an operating margin of -17.1%.
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%.
RJF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Raymond James Financial, Inc. reported a net income of 544.00M and revenue of 4.26B, resulting in a net margin of 12.8%.
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
RJF and ARES have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARES has higher volatility (11.35%) compared to RJF (7.61%). In terms of maximum drawdown, RJF dropped -69.68% vs ARES's -49.73%.
RJF currently has the higher Sharpe Ratio (0.15 vs -0.59), 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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