ARMN vs SPY

Comparison between Aris Mining Corporation (ARMN, Company) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceARMN has outperformed SPY, delivering a return of +34.8% compared to +14.0%

ARMN vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ARMN(COMPANY)	SPY(ETF)
Market Cap / Net Assets	$3.88B	$735B
Expense Ratio	N/A	0.09%
Max Drawdown	99.92%	56.47%
Sharpe Ratio	2.96	1.91
5Y Beta	N/A	1.00
Industry	Gold	N/A
P/E Ratio	76.08	28.68
Forward P/E	10.43	22.19
5Y Dividends CAGR	N/A	5.43%
5Y EPS CAGR	N/A	26.37%
Debt to Equity	45.95%	34.04%
Free Cash Flow Yield	2.19%	N/A
P/S Ratio	5.09	3.76
P/B Ratio	4.07	5.55

Market Cap / Net Assets

ARMN

$3.88B

Winner

SPY

$735B

Expense Ratio

ARMN

N/A

SPY

0.09%

Max Drawdown

ARMN

99.92%

Winner

SPY

56.47%

Sharpe Ratio

Winner

ARMN

2.96

SPY

1.91

5Y Beta

ARMN

N/A

SPY

1.00

Industry

ARMN

Gold

SPY

N/A

P/E Ratio

ARMN

76.08

Winner

SPY

28.68

Forward P/E

Winner

ARMN

10.43

SPY

22.19

5Y Dividends CAGR

ARMN

N/A

SPY

5.43%

5Y EPS CAGR

ARMN

N/A

SPY

26.37%

Debt to Equity

ARMN

45.95%

Winner

SPY

34.04%

Free Cash Flow Yield

ARMN

2.19%

SPY

N/A

P/S Ratio

ARMN

5.09

Winner

SPY

3.76

P/B Ratio

Winner

ARMN

4.07

SPY

5.55

ARMN vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	ARMN	SPY
1 month	+5.86%	+4.84%
3 months	+63.76%	+9.57%
6 months	+176.08%	+13.79%
1 year	+371.92%	+29.34%
5 years(CAGR)	+34.81%	+13.98%
10 years(CAGR)	+34.62%	+15.66%
Max(CAGR)	-12.28%	+8.53%

Winner

ARMN

+5.86%

SPY

+4.84%

Winner

ARMN

+63.76%

SPY

+9.57%

Winner

ARMN

+176.08%

SPY

+13.79%

Winner

ARMN

+371.92%

SPY

+29.34%

5Y(CAGR)

Winner

ARMN

+34.81%

SPY

+13.98%

10Y(CAGR)

Winner

ARMN

+34.62%

SPY

+15.66%

Max(CAGR)

ARMN

-12.28%

Winner

SPY

+8.53%

ARMN vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ARMN	SPY
2026	+21.19%	+9.45%
2025	+342.23%	+18.00%
2024	+3.40%	+25.59%
2023	+23.50%	+26.72%
2022	-39.04%	-18.64%
2021	-31.92%	+30.52%
2020	+50.81%	+17.28%
2019	+99.99%	+31.09%
2018	+26.07%	-5.24%
2017	+44.38%	+20.78%
2016	-19.01%	+13.59%
2015	-79.65%	+1.31%
2014	-43.02%	+14.56%
2013	-92.47%	+29.00%
2012	-28.74%	+14.17%
2011	-76.56%	+0.85%
2010	+530.81%	+13.14%
2009	-34.27%	+22.67%
2008	+0.00%	-36.25%
2007	-14.85%	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

ARMN vs SPY Drawdown Comparison

The maximum drawdown for ARMN was -99.92%, occurring on Jan 14, 2016. This drawdown has not yet recovered.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current ARMN drawdown is -97.66%. The current SPY drawdown is -0.34%.

Rank	ARMN	SPY
#1	-99.92% Dec 3, 2010 - Jan 14, 2016	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-54.52% Aug 10, 2007 - Nov 12, 2010	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-10.91% Nov 18, 2010 - Nov 30, 2010	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-9.94% Nov 12, 2010 - Nov 18, 2010	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	N/A	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	N/A	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	N/A	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	N/A	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	N/A	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	N/A	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	N/A	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	N/A	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	N/A	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	N/A	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	N/A	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between ARMN and SPY is -0.49 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.49

-101

Dividend Comparison (1999 - 2026)

ARMN vs SPY dividend yield comparison.

Year	ARMN	SPY
2026	0.00%	0.24%
2025	0.00%	1.07%
2024	0.00%	1.21%
2023	0.00%	1.40%
2022	3.84%	1.65%
2021	3.40%	1.20%
2020	0.55%	1.52%
2019	0.00%	1.75%
2018	0.00%	2.04%
2017	0.00%	1.80%
2016	0.00%	2.03%
2015	0.00%	2.06%
2014	0.00%	1.87%
2013	0.00%	1.81%
2012	0.00%	2.18%
2011	0.00%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%