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

Correlation

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.


-0.50.00.51.00.7

Performance

APA vs. FANG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Apache Corporation (APA) and Diamondback Energy, Inc. (FANG). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
-68.75%
1,013.34%
APA
FANG

Key characteristics

Sharpe Ratio

APA:

-1.08

FANG:

0.14

Sortino Ratio

APA:

-1.49

FANG:

0.39

Omega Ratio

APA:

0.81

FANG:

1.05

Calmar Ratio

APA:

-0.47

FANG:

0.15

Martin Ratio

APA:

-1.64

FANG:

0.42

Ulcer Index

APA:

23.65%

FANG:

9.21%

Daily Std Dev

APA:

35.89%

FANG:

28.20%

Max Drawdown

APA:

-96.73%

FANG:

-88.72%

Current Drawdown

APA:

-81.33%

FANG:

-25.29%

Fundamentals

Market Cap

APA:

$7.79B

FANG:

$46.76B

EPS

APA:

$7.04

FANG:

$17.33

PE Ratio

APA:

2.99

FANG:

9.24

PEG Ratio

APA:

0.17

FANG:

1.20

Total Revenue (TTM)

APA:

$9.19B

FANG:

$9.57B

Gross Profit (TTM)

APA:

$4.02B

FANG:

$6.02B

EBITDA (TTM)

APA:

$4.28B

FANG:

$6.66B

Returns By Period

In the year-to-date period, APA achieves a -39.35% return, which is significantly lower than FANG's 4.36% return. Over the past 10 years, APA has underperformed FANG with an annualized return of -8.81%, while FANG has yielded a comparatively higher 12.21% annualized return.


APA

YTD

-39.35%

1M

-4.93%

6M

-23.75%

1Y

-39.45%

5Y*

0.48%

10Y*

-8.81%

FANG

YTD

4.36%

1M

-14.61%

6M

-17.44%

1Y

3.57%

5Y*

17.01%

10Y*

12.21%

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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.


Sharpe ratio
The chart of Sharpe ratio for APA, currently valued at -1.08, compared to the broader market-4.00-2.000.002.00-1.080.14
The chart of Sortino ratio for APA, currently valued at -1.49, compared to the broader market-4.00-2.000.002.004.00-1.490.39
The chart of Omega ratio for APA, currently valued at 0.81, compared to the broader market0.501.001.502.000.811.05
The chart of Calmar ratio for APA, currently valued at -0.51, compared to the broader market0.002.004.006.00-0.510.15
The chart of Martin ratio for APA, currently valued at -1.64, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.640.42
APA
FANG

The current APA Sharpe Ratio is -1.08, which is lower than the FANG Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of APA and FANG, 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 Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-1.08
0.14
APA
FANG

Dividends

APA vs. FANG - Dividend Comparison

APA's dividend yield for the trailing twelve months is around 4.75%, less than FANG's 5.35% yield.


TTM20232022202120202019201820172016201520142013
APA
Apache Corporation
4.75%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.
5.35%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 -96.73%, 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.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-74.72%
-25.29%
APA
FANG

Volatility

APA vs. FANG - Volatility Comparison

Apache Corporation (APA) has a higher volatility of 9.14% compared to Diamondback Energy, Inc. (FANG) at 7.53%. 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.


6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
9.14%
7.53%
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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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