BKR vs. FUN

Last updated Jun 13, 2026

BKR (Baker Hughes Company) and FUN (Cedar Fair, L.P.) are both stocks. BKR operates in Oil & Gas Equipment & Services (Energy), while FUN operates in Leisure (Consumer Cyclical). Over the past 5 years, BKR returned 22.39%/yr vs -11.16%/yr for FUN. At a 0.20 correlation, their price movements are largely independent.

Performance

BKR vs. FUN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Baker Hughes Company (BKR) and Cedar Fair, L.P. (FUN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BKR achieves a 39.64% return, which is significantly lower than FUN's 52.80% return.

BKR

• 1D: -0.54%
• 1M: -1.53%
• YTD: 39.64%
• 6M: 35.70%
• 1Y: 64.52%
• 3Y*: 30.72%
• 5Y*: 22.39%
• 10Y*: —

FUN

• 1D: -3.90%
• 1M: 9.94%
• YTD: 52.80%
• 6M: 57.21%
• 1Y: -21.53%
• 3Y*: -16.99%
• 5Y*: -11.16%
• 10Y*: -5.82%

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

BKR vs. FUN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BKR Baker Hughes Company	39.64%	13.39%	23.11%	18.58%	25.96%	19.03%	-15.15%	23.01%	-30.43%	-21.62%
FUN Cedar Fair, L.P.	52.80%	-68.17%	26.39%	-0.96%	-16.23%	27.25%	-27.49%	25.65%	-22.66%	-7.14%

Correlation

The correlation between BKR and FUN is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jul 5, 2017	0.20

The correlation between BKR and FUN shifts across timeframes, from 0.06 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap BKR : $62.89B FUN : $2.38B
EPS BKR : $3.14 FUN : -$16.06
PS Ratio BKR : 2.25 FUN : 0.82
PB Ratio BKR : 2.85 FUN : 0.26
Total Revenue (TTM) BKR : $27.89B FUN : $2.90B
Gross Profit (TTM) BKR : $6.57B FUN : $1.59B
EBITDA (TTM) BKR : $4.20B FUN : -$733.45M

Return for Risk

BKR vs. FUN — Risk / Return Rank

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

BKR

BKR Risk / Return Rank: 88
BKR Sharpe Ratio Rank: 90
BKR Sortino Ratio Rank: 87
BKR Omega Ratio Rank: 86
BKR Calmar Ratio Rank: 89
BKR Martin Ratio Rank: 91

FUN

FUN Risk / Return Rank: 28
FUN Sharpe Ratio Rank: 26
FUN Sortino Ratio Rank: 28
FUN Omega Ratio Rank: 28
FUN Calmar Ratio Rank: 28
FUN Martin Ratio Rank: 31

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.

BKR vs. FUN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Baker Hughes Company (BKR) and Cedar Fair, L.P. (FUN). 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.

	BKR	FUN	Difference
Sharpe ratio: Return per unit of total volatility	2.01	-0.39	+2.40
Sortino ratio: Return per unit of downside risk	2.70	-0.17	+2.87
Omega ratio: Gain probability vs. loss probability	1.34	0.98	+0.36
Calmar ratio: Return relative to maximum drawdown	3.95	-0.43	+4.38
Martin ratio: Return relative to average drawdown	11.78	-0.66	+12.44

BKR vs. FUN - Sharpe Ratio Comparison

The current BKR Sharpe Ratio is 2.01, which is higher than the FUN Sharpe Ratio of -0.39. The chart below compares the historical Sharpe Ratios of BKR and FUN, 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

BKR vs. FUN - Drawdown Comparison

The maximum BKR drawdown since its inception was -75.38%, roughly equal to the maximum FUN drawdown of -77.75%. Use the drawdown chart below to compare losses from any high point for BKR and FUN.

Drawdown Indicators

	BKR	FUN	Difference
Max Drawdown Largest peak-to-trough decline	-75.38%	-77.75%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-16.86%	-61.05%	+44.19%
Max Drawdown (3Y) Largest decline over 3 years	-28.00%	-77.74%	+49.74%
Max Drawdown (5Y) Largest decline over 5 years	-46.53%	-77.74%	+31.21%
Max Drawdown (10Y) Largest decline over 10 years	—	-77.75%	—
Current Drawdown Current decline from peak	-9.07%	-59.33%	+50.26%
Average Drawdown Average peak-to-trough decline	-24.66%	-19.87%	-4.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.64%	39.79%	-34.15%

Volatility

BKR vs. FUN - Volatility Comparison

The current volatility for Baker Hughes Company (BKR) is 11.29%, while Cedar Fair, L.P. (FUN) has a volatility of 15.26%. This indicates that BKR experiences smaller price fluctuations and is considered to be less risky than FUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BKR	FUN	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.29%	15.26%	-3.97%
Volatility (6M) Calculated over the trailing 6-month period	24.84%	44.94%	-20.10%
Volatility (1Y) Calculated over the trailing 1-year period	33.14%	66.85%	-33.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.09%	44.02%	-8.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.20%	45.15%	-4.95%

Dividends

BKR vs. FUN - Dividend Comparison

BKR's dividend yield for the trailing twelve months is around 1.46%, while FUN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BKR Baker Hughes Company	1.46%	2.02%	2.05%	2.28%	2.47%	2.99%	3.45%	2.81%	3.35%	56.42%	0.00%	0.00%
FUN Cedar Fair, L.P.	0.00%	0.00%	4.42%	3.02%	1.45%	0.00%	2.38%	6.69%	7.60%	5.32%	5.19%	5.51%

Financials

Frequently Asked Questions

Can I hold both BKR and FUN in my portfolio?

BKR and FUN have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BKR or FUN?

FUN has higher volatility (15.26%) compared to BKR (11.29%). In terms of maximum drawdown, BKR dropped -75.38% vs FUN's -77.75%.

Which has better risk-adjusted returns?

BKR currently has the higher Sharpe Ratio (2.01 vs -0.39), 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.