ARES vs BAM: returns, Sharpe ratio and drawdown

Over the past year, BAM returned -17.00% against -23.42% for ARES. Over five years, ARES averaged +5.83% a year, compared with -5.62% for BAM. ARES had the higher Sharpe ratio over the past year (-0.52 vs -0.64), meaning more return for each unit of volatility. The worst peak-to-trough drop over the past year was -22.98% for BAM and -45.87% for ARES.