BE vs. KEEL

Last updated Jun 17, 2026

BE (Bloom Energy Corporation) and KEEL (Keel Infrastructure Corporation) are both stocks. BE operates in Electrical Equipment & Parts (Industrials), while KEEL operates in Capital Markets (Financial Services). Over the past 5 years, BE returned 62.37%/yr vs 6.35%/yr for KEEL. At a 0.30 correlation, their price movements are largely independent.

Performance

BE vs. KEEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bloom Energy Corporation (BE) and Keel Infrastructure Corporation (KEEL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BE achieves a 223.26% return, which is significantly higher than KEEL's 153.62% return.

BE

• 1D: 2.32%
• 1M: 1.79%
• YTD: 223.26%
• 6M: 220.60%
• 1Y: 1,126.01%
• 3Y*: 153.90%
• 5Y*: 62.37%
• 10Y*: —

KEEL

• 1D: 5.30%
• 1M: 35.76%
• YTD: 153.62%
• 6M: 145.27%
• 1Y: 601.18%
• 3Y*: 72.06%
• 5Y*: 6.35%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BE vs. KEEL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
BE Bloom Energy Corporation	223.26%	291.22%	50.07%	-22.59%	-12.81%	-23.48%	283.67%	-25.15%	-65.21%
KEEL Keel Infrastructure Corporation	153.62%	57.72%	-48.80%	561.36%	-91.29%	165.79%	397.66%	-27.96%	-64.19%

Correlation

The correlation between BE and KEEL is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.39
Correlation (5Y) Calculated over the trailing 5-year period	0.44
Correlation (All Time) Calculated using the full available price history since Aug 28, 2018	0.30

The correlation between BE and KEEL shifts across timeframes, from 0.30 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BE : $89.80B KEEL : $3.29B
EPS BE : $0.02 KEEL : -$0.51
PS Ratio BE : 30.13 KEEL : 14.42
PB Ratio BE : 97.45 KEEL : 5.87
Total Revenue (TTM) BE : $2.45B KEEL : $229.28M
Gross Profit (TTM) BE : $761.91M KEEL : -$18.90M
EBITDA (TTM) BE : $88.83M KEEL : -$149.60M

Return for Risk

BE vs. KEEL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BE

BE Risk / Return Rank: 99
BE Sharpe Ratio Rank: 100
BE Sortino Ratio Rank: 98
BE Omega Ratio Rank: 97
BE Calmar Ratio Rank: 100
BE Martin Ratio Rank: 100

KEEL

KEEL Risk / Return Rank: 95
KEEL Sharpe Ratio Rank: 99
KEEL Sortino Ratio Rank: 96
KEEL Omega Ratio Rank: 94
KEEL Calmar Ratio Rank: 97
KEEL Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BE vs. KEEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and Keel Infrastructure Corporation (KEEL). 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	KEEL	Difference
Sharpe ratio: Return per unit of total volatility	10.58	5.50	+5.08
Sortino ratio: Return per unit of downside risk	4.97	4.16	+0.81
Omega ratio: Gain probability vs. loss probability	1.63	1.50	+0.13
Calmar ratio: Return relative to maximum drawdown	24.78	8.24	+16.54
Martin ratio: Return relative to average drawdown	76.82	13.73	+63.10

BE vs. KEEL - Sharpe Ratio Comparison

The current BE Sharpe Ratio is 10.58, which is higher than the KEEL Sharpe Ratio of 5.50. The chart below compares the historical Sharpe Ratios of BE and KEEL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BE vs. KEEL - Drawdown Comparison

The maximum BE drawdown since its inception was -92.54%, roughly equal to the maximum KEEL drawdown of -95.72%. Use the drawdown chart below to compare losses from any high point for BE and KEEL.

Drawdown Indicators

	BE	KEEL	Difference
Max Drawdown Largest peak-to-trough decline	-92.54%	-95.72%	+3.18%
Max Drawdown (1Y) Largest decline over 1 year	-45.94%	-73.65%	+27.71%
Max Drawdown (3Y) Largest decline over 3 years	-53.42%	-81.04%	+27.62%
Max Drawdown (5Y) Largest decline over 5 years	-75.87%	-95.72%	+19.85%
Current Drawdown Current decline from peak	-8.77%	-32.81%	+24.04%
Average Drawdown Average peak-to-trough decline	-51.87%	-67.47%	+15.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.80%	44.13%	-29.33%

Volatility

BE vs. KEEL - Volatility Comparison

Bloom Energy Corporation (BE) and Keel Infrastructure Corporation (KEEL) have volatilities of 26.35% and 25.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BE	KEEL	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.35%	25.73%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	74.09%	70.19%	+3.90%
Volatility (1Y) Calculated over the trailing 1-year period	107.65%	110.25%	-2.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	86.00%	105.00%	-19.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.65%	290.92%	-195.27%

Dividends

BE vs. KEEL - Dividend Comparison

Neither BE nor KEEL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both BE and KEEL in my portfolio?

BE and KEEL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BE or KEEL?

BE has higher volatility (26.35%) compared to KEEL (25.73%). In terms of maximum drawdown, BE dropped -92.54% vs KEEL's -95.72%.

Which has better risk-adjusted returns?

BE currently has the higher Sharpe Ratio (10.58 vs 5.50), 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.