TPG vs. ARES
Compare and contrast key facts about TPG Inc. (TPG) and Ares Management Corporation (ARES).
Performance
TPG vs. ARES - Performance Comparison
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TPG vs. ARES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TPG TPG Inc. | -35.73% | 5.12% | 52.13% | 62.37% | -15.17% |
ARES Ares Management Corporation | -31.58% | -5.72% | 52.68% | 79.52% | -7.40% |
Fundamentals
TPG:
$6.19B
ARES:
$24.13B
TPG:
$0.61
ARES:
$2.40
TPG:
65.93
ARES:
45.51
TPG:
0.92
ARES:
1.82
TPG:
3.23
ARES:
3.71
TPG:
5.22
ARES:
3.36
TPG:
$3.77B
ARES:
$6.47B
TPG:
$2.72B
ARES:
$2.74B
TPG:
$802.52M
ARES:
$2.24B
Returns By Period
In the year-to-date period, TPG achieves a -35.73% return, which is significantly lower than ARES's -31.58% return.
TPG
- 1D
- 1.96%
- 1M
- -6.70%
- YTD
- -35.73%
- 6M
- -28.02%
- 1Y
- -11.29%
- 3Y*
- 15.96%
- 5Y*
- —
- 10Y*
- —
ARES
- 1D
- 1.34%
- 1M
- -1.27%
- YTD
- -31.58%
- 6M
- -30.05%
- 1Y
- -22.71%
- 3Y*
- 12.80%
- 5Y*
- 17.27%
- 10Y*
- 26.86%
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Return for Risk
TPG vs. ARES — Risk / Return Rank
TPG
ARES
TPG vs. ARES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TPG Inc. (TPG) 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.
| TPG | ARES | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.26 | -0.49 | +0.23 |
Sortino ratioReturn per unit of downside risk | -0.09 | -0.43 | +0.34 |
Omega ratioGain probability vs. loss probability | 0.99 | 0.94 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | -0.27 | -0.44 | +0.17 |
Martin ratioReturn relative to average drawdown | -0.73 | -1.13 | +0.40 |
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
| TPG | ARES | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.26 | -0.49 | +0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.60 | -0.38 |
Correlation
The correlation between TPG and ARES is 0.72, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TPG vs. ARES - Dividend Comparison
TPG's dividend yield for the trailing twelve months is around 5.09%, which matches ARES's 5.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TPG TPG Inc. | 5.09% | 3.10% | 3.33% | 3.24% | 3.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ARES Ares Management Corporation | 5.09% | 3.29% | 2.10% | 2.59% | 3.57% | 2.31% | 3.40% | 3.59% | 7.50% | 5.65% | 4.32% | 6.81% |
Drawdowns
TPG vs. ARES - Drawdown Comparison
The maximum TPG drawdown since its inception was -43.83%, smaller than the maximum ARES drawdown of -49.73%. Use the drawdown chart below to compare losses from any high point for TPG and ARES.
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Drawdown Indicators
| TPG | ARES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.83% | -49.73% | +5.90% |
Max Drawdown (1Y)Largest decline over 1 year | -43.20% | -49.05% | +5.85% |
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 | -41.10% | -42.39% | +1.29% |
Average DrawdownAverage peak-to-trough decline | -17.05% | -10.90% | -6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.19% | 19.30% | -3.11% |
Volatility
TPG vs. ARES - Volatility Comparison
The current volatility for TPG Inc. (TPG) is 10.82%, while Ares Management Corporation (ARES) has a volatility of 14.86%. This indicates that TPG 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
| TPG | ARES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.82% | 14.86% | -4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 28.95% | 33.31% | -4.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.06% | 46.21% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.12% | 36.85% | +3.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.12% | 36.36% | +3.76% |
Financials
TPG vs. ARES - Financials Comparison
This section allows you to compare key financial metrics between TPG 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
TPG vs. ARES - Profitability Comparison
TPG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TPG Inc. reported a gross profit of 527.25M and revenue of 1.49B. Therefore, the gross margin over that period was 35.4%.
ARES - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported a gross profit of 601.15M and revenue of 2.37B. Therefore, the gross margin over that period was 25.3%.
TPG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TPG Inc. reported an operating income of 296.43M and revenue of 1.49B, resulting in an operating margin of 19.9%.
ARES - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported an operating income of 1.12B and revenue of 2.37B, resulting in an operating margin of 47.4%.
TPG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TPG Inc. reported a net income of 77.11M and revenue of 1.49B, resulting in a net margin of 5.2%.
ARES - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Ares Management Corporation reported a net income of 54.25M and revenue of 2.37B, resulting in a net margin of 2.3%.