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APA vs. FANG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


APAFANG
YTD Return-9.35%36.07%
1Y Return-13.85%54.84%
3Y Return (Ann)24.71%47.58%
5Y Return (Ann)7.83%19.30%
10Y Return (Ann)-9.26%11.39%
Sharpe Ratio-0.442.45
Daily Std Dev30.62%22.85%
Max Drawdown-99.08%-88.72%
Current Drawdown-83.41%-2.59%

Fundamentals


APAFANG
Market Cap$11.76B$37.28B
EPS$8.91$17.75
PE Ratio3.5511.78
PEG Ratio0.171.20
Total Revenue (TTM)$6.43B$6.78B
Gross Profit (TTM)$3.06B$4.61B
EBITDA (TTM)$3.40B$4.86B

Correlation

-0.50.00.51.00.7

The correlation between APA and FANG is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

APA vs. FANG - Performance Comparison

In the year-to-date period, APA achieves a -9.35% return, which is significantly lower than FANG's 36.07% return. Over the past 10 years, APA has underperformed FANG with an annualized return of -9.26%, while FANG has yielded a comparatively higher 11.39% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%500.00%1,000.00%FebruaryMarchAprilMayJuneJuly
-53.30%
1,351.63%
APA
FANG

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Apache Corporation

Diamondback Energy, Inc.

Risk-Adjusted Performance

APA vs. FANG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Apache Corporation (APA) and Diamondback Energy, Inc. (FANG). 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.


APA
Sharpe ratio
The chart of Sharpe ratio for APA, currently valued at -0.44, compared to the broader market-2.00-1.000.001.002.003.00-0.44
Sortino ratio
The chart of Sortino ratio for APA, currently valued at -0.44, compared to the broader market-4.00-2.000.002.004.00-0.44
Omega ratio
The chart of Omega ratio for APA, currently valued at 0.95, compared to the broader market0.501.001.502.000.95
Calmar ratio
The chart of Calmar ratio for APA, currently valued at -0.20, compared to the broader market0.002.004.006.00-0.20
Martin ratio
The chart of Martin ratio for APA, currently valued at -0.56, compared to the broader market-30.00-20.00-10.000.0010.0020.00-0.56
FANG
Sharpe ratio
The chart of Sharpe ratio for FANG, currently valued at 2.45, compared to the broader market-2.00-1.000.001.002.003.002.45
Sortino ratio
The chart of Sortino ratio for FANG, currently valued at 3.53, compared to the broader market-4.00-2.000.002.004.003.53
Omega ratio
The chart of Omega ratio for FANG, currently valued at 1.43, compared to the broader market0.501.001.502.001.43
Calmar ratio
The chart of Calmar ratio for FANG, currently valued at 4.41, compared to the broader market0.002.004.006.004.41
Martin ratio
The chart of Martin ratio for FANG, currently valued at 11.44, compared to the broader market-30.00-20.00-10.000.0010.0020.0011.44

APA vs. FANG - Sharpe Ratio Comparison

The current APA Sharpe Ratio is -0.44, which is lower than the FANG Sharpe Ratio of 2.45. The chart below compares the 12-month rolling Sharpe Ratio of APA and FANG.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00FebruaryMarchAprilMayJuneJuly
-0.44
2.45
APA
FANG

Dividends

APA vs. FANG - Dividend Comparison

APA's dividend yield for the trailing twelve months is around 2.34%, less than FANG's 4.51% yield.


TTM20232022202120202019201820172016201520142013
APA
Apache Corporation
2.34%2.79%1.34%0.51%2.29%3.91%3.81%2.37%1.58%2.25%1.52%0.90%
FANG
Diamondback Energy, Inc.
4.51%5.15%6.55%1.62%3.10%0.74%0.40%0.00%0.00%0.00%0.00%0.00%

Drawdowns

APA vs. FANG - Drawdown Comparison

The maximum APA drawdown since its inception was -99.08%, which is greater than FANG's maximum drawdown of -88.72%. Use the drawdown chart below to compare losses from any high point for APA and FANG. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%FebruaryMarchAprilMayJuneJuly
-62.23%
-2.59%
APA
FANG

Volatility

APA vs. FANG - Volatility Comparison

Apache Corporation (APA) has a higher volatility of 8.50% compared to Diamondback Energy, Inc. (FANG) at 7.17%. This indicates that APA's price experiences larger fluctuations and is considered to be riskier than FANG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%FebruaryMarchAprilMayJuneJuly
8.50%
7.17%
APA
FANG

Financials

APA vs. FANG - Financials Comparison

This section allows you to compare key financial metrics between Apache Corporation and Diamondback Energy, Inc.. 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