BE vs. FCEL
BE (Bloom Energy Corporation) and FCEL (FuelCell Energy, Inc.) are both stocks. Both operate in the Electrical Equipment & Parts industry within the Industrials sector. Over the past 5 years, BE returned 53.47%/yr vs -35.76%/yr for FCEL. Their 0.50 correlation means they have sometimes moved together and sometimes differently.
Performance
BE vs. FCEL - Performance Comparison
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Returns By Period
In the year-to-date period, BE achieves a 116.57% return, which is significantly lower than FCEL's 193.98% return.
BE
- 1D
- 1.78%
- 1M
- -25.33%
- 6M
- 34.78%
- YTD
- 116.57%
- 1Y
- 447.99%
- 3Y*
- 121.31%
- 5Y*
- 53.47%
- 10Y*
- —
- ALL TIME*
- 33.43%
FCEL
- 1D
- 1.08%
- 1M
- -10.46%
- 6M
- 136.54%
- YTD
- 193.98%
- 1Y
- 282.38%
- 3Y*
- -30.67%
- 5Y*
- -35.76%
- 10Y*
- -36.26%
- ALL TIME*
- -18.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.86B | $3.34B | $3.37B | |
| $220.15M | $328.17M | $270.87M |
BE vs. FCEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 116.57% | 291.22% | 50.07% | -22.59% | -12.81% | -23.48% | 283.67% | -25.15% | -46.63% |
FCEL FuelCell Energy, Inc. | 193.98% | -19.14% | -81.17% | -42.45% | -46.54% | -53.45% | 345.02% | -62.00% | -59.22% |
Correlation
The correlation between BE and FCEL is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2018 | 0.50 |
The correlation between BE and FCEL has been stable across timeframes, ranging from 0.50 to 0.60 - a consistent structural relationship.
Fundamentals
BE:
$53.53B
FCEL:
$1.14B
BE:
$0.02
FCEL:
-$5.47
BE:
20.96
FCEL:
5.22
BE:
65.29
FCEL:
1.62
BE:
$2.45B
FCEL:
$167.88M
BE:
$761.91M
FCEL:
-$30.55M
BE:
$88.83M
FCEL:
-$186.85M
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Return for Risk
BE vs. FCEL — Risk / Return Rank
BE
FCEL
BE vs. FCEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and FuelCell Energy, Inc. (FCEL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BE | FCEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.33 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 9.71 | 5.46 | +4.24 |
| Martin ratioReturn relative to average drawdown | 26.16 | 10.09 | +16.08 |
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Drawdowns
BE vs. FCEL - Drawdown Comparison
The maximum BE drawdown since its inception was -92.54%, smaller than the maximum FCEL drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for BE and FCEL.
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Drawdown Indicators
| BE | FCEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.54% | -100.00% | +7.46% |
Max Drawdown (1Y)Largest decline over 1 year | -46.54% | -52.07% | +5.53% |
Max Drawdown (3Y)Largest decline over 3 years | -51.96% | -94.32% | +42.36% |
Max Drawdown (5Y)Largest decline over 5 years | -75.87% | -98.89% | +23.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.81% | — |
Current DrawdownCurrent decline from peak | -45.59% | -99.99% | +54.40% |
Average DrawdownAverage peak-to-trough decline | -51.50% | -83.91% | +32.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.23% | 28.57% | -11.34% |
Volatility
BE vs. FCEL - Volatility Comparison
The current volatility for Bloom Energy Corporation (BE) is 40.51%, while FuelCell Energy, Inc. (FCEL) has a volatility of 54.40%. This indicates that BE experiences smaller price fluctuations and is considered to be less risky than FCEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BE | FCEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 40.51% | 54.40% | -13.89% |
Volatility (6M)Calculated over the trailing 6-month period | 81.65% | 104.02% | -22.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 111.34% | 131.88% | -20.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 87.88% | 101.05% | -13.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 96.27% | 124.23% | -27.96% |
Dividends
BE vs. FCEL - Dividend Comparison
Neither BE nor FCEL has paid dividends to shareholders.
Financials
BE vs. FCEL - Financials Comparison
This section allows you to compare key financial metrics between Bloom Energy Corporation and FuelCell 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.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
BE and FCEL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCEL has higher volatility (54.40%) compared to BE (40.51%). In terms of maximum drawdown, BE dropped -92.54% vs FCEL's -100.00%.
BE currently has the higher Sharpe Ratio (4.07 vs 2.16), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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