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STLD vs. ARES
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


STLDARES
YTD Return27.11%46.20%
1Y Return38.59%65.62%
3Y Return (Ann)33.42%28.96%
5Y Return (Ann)39.25%44.94%
10Y Return (Ann)23.71%32.95%
Sharpe Ratio1.202.38
Sortino Ratio1.972.99
Omega Ratio1.231.38
Calmar Ratio1.395.15
Martin Ratio3.1714.59
Ulcer Index11.98%4.49%
Daily Std Dev31.64%27.47%
Max Drawdown-87.05%-45.85%
Current Drawdown-3.74%-1.23%

Fundamentals


STLDARES
Market Cap$22.92B$53.70B
EPS$11.13$2.20
PE Ratio13.3577.45
PEG Ratio10.910.63
Total Revenue (TTM)$17.90B$3.74B
Gross Profit (TTM)$3.08B$2.14B
EBITDA (TTM)$2.36B$1.34B

Correlation

-0.50.00.51.00.3

The correlation between STLD and ARES is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

STLD vs. ARES - Performance Comparison

In the year-to-date period, STLD achieves a 27.11% return, which is significantly lower than ARES's 46.20% return. Over the past 10 years, STLD has underperformed ARES with an annualized return of 23.71%, while ARES has yielded a comparatively higher 32.95% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
10.70%
21.36%
STLD
ARES

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Risk-Adjusted Performance

STLD vs. ARES - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Steel Dynamics, Inc. (STLD) 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.


STLD
Sharpe ratio
The chart of Sharpe ratio for STLD, currently valued at 1.20, compared to the broader market-4.00-2.000.002.004.001.20
Sortino ratio
The chart of Sortino ratio for STLD, currently valued at 1.97, compared to the broader market-4.00-2.000.002.004.006.001.97
Omega ratio
The chart of Omega ratio for STLD, currently valued at 1.23, compared to the broader market0.501.001.502.001.23
Calmar ratio
The chart of Calmar ratio for STLD, currently valued at 1.39, compared to the broader market0.002.004.006.001.39
Martin ratio
The chart of Martin ratio for STLD, currently valued at 3.17, compared to the broader market0.0010.0020.0030.003.17
ARES
Sharpe ratio
The chart of Sharpe ratio for ARES, currently valued at 2.38, compared to the broader market-4.00-2.000.002.004.002.38
Sortino ratio
The chart of Sortino ratio for ARES, currently valued at 2.99, compared to the broader market-4.00-2.000.002.004.006.002.99
Omega ratio
The chart of Omega ratio for ARES, currently valued at 1.38, compared to the broader market0.501.001.502.001.38
Calmar ratio
The chart of Calmar ratio for ARES, currently valued at 5.15, compared to the broader market0.002.004.006.005.15
Martin ratio
The chart of Martin ratio for ARES, currently valued at 14.59, compared to the broader market0.0010.0020.0030.0014.59

STLD vs. ARES - Sharpe Ratio Comparison

The current STLD Sharpe Ratio is 1.20, which is lower than the ARES Sharpe Ratio of 2.38. The chart below compares the historical Sharpe Ratios of STLD and ARES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.20
2.38
STLD
ARES

Dividends

STLD vs. ARES - Dividend Comparison

STLD's dividend yield for the trailing twelve months is around 1.22%, less than ARES's 2.09% yield.


TTM20232022202120202019201820172016201520142013
STLD
Steel Dynamics, Inc.
1.22%1.44%1.39%1.68%2.71%2.82%2.50%1.44%1.57%3.09%2.33%2.25%
ARES
Ares Management Corporation
2.09%2.59%3.57%2.31%3.40%3.59%7.50%6.30%4.32%6.81%2.45%0.00%

Drawdowns

STLD vs. ARES - Drawdown Comparison

The maximum STLD drawdown since its inception was -87.05%, which is greater than ARES's maximum drawdown of -45.85%. Use the drawdown chart below to compare losses from any high point for STLD and ARES. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.74%
-1.23%
STLD
ARES

Volatility

STLD vs. ARES - Volatility Comparison

Steel Dynamics, Inc. (STLD) has a higher volatility of 16.06% compared to Ares Management Corporation (ARES) at 8.99%. This indicates that STLD'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.


6.00%8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
16.06%
8.99%
STLD
ARES

Financials

STLD vs. ARES - Financials Comparison

This section allows you to compare key financial metrics between Steel Dynamics, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items