BYRN vs. TRGP
BYRN (Byrna Technologies Inc.) and TRGP (Targa Resources Corp.) are both stocks. BYRN operates in Aerospace & Defense (Industrials), while TRGP operates in Oil & Gas Midstream (Energy). Over the past 10 years, BYRN returned 10.22%/yr vs 26.71%/yr for TRGP. At a 0.07 correlation, their price movements are largely independent.
Performance
BYRN vs. TRGP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BYRN achieves a -62.18% return, which is significantly lower than TRGP's 49.23% return. Over the past 10 years, BYRN has underperformed TRGP with an annualized return of 10.22%, while TRGP has yielded a comparatively higher 26.71% annualized return.
BYRN
- 1D
- -1.55%
- 1M
- 27.00%
- YTD
- -62.18%
- 6M
- -66.08%
- 1Y
- -79.89%
- 3Y*
- 7.86%
- 5Y*
- -23.39%
- 10Y*
- 10.22%
TRGP
- 1D
- 1.20%
- 1M
- 3.54%
- YTD
- 49.23%
- 6M
- 50.30%
- 1Y
- 64.85%
- 3Y*
- 60.15%
- 5Y*
- 45.14%
- 10Y*
- 26.71%
BYRN vs. TRGP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BYRN Byrna Technologies Inc. | -62.18% | -41.72% | 350.86% | -18.49% | -41.27% | -7.93% | 663.16% | 26.67% | 7.14% | -30.00% |
TRGP Targa Resources Corp. | 49.23% | 5.65% | 110.12% | 21.01% | 43.71% | 100.15% | -32.48% | 23.98% | -19.88% | -7.09% |
Correlation
The correlation between BYRN and TRGP is -0.09, 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 | -0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Feb 23, 2011 | 0.07 |
The correlation between BYRN and TRGP shifts across timeframes, from -0.09 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BYRN:
$0.37
TRGP:
$13.11
BYRN:
17.25
TRGP:
20.79
BYRN:
1.26
TRGP:
2.70
BYRN:
$120.98M
TRGP:
$16.38B
BYRN:
$72.95M
TRGP:
$3.62B
BYRN:
$12.75M
TRGP:
$4.49B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BYRN vs. TRGP — Risk / Return Rank
BYRN
TRGP
BYRN vs. TRGP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Byrna Technologies Inc. (BYRN) and Targa Resources Corp. (TRGP). 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.
| BYRN | TRGP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.47 | ||
| Sortino ratioReturn per unit of downside risk | -5.23 | ||
| Omega ratioGain probability vs. loss probability | 0.72 | 1.37 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 4.00 | -4.94 |
| Martin ratioReturn relative to average drawdown | -1.45 | 13.02 | -14.47 |
Loading charts...
Drawdowns
BYRN vs. TRGP - Drawdown Comparison
The maximum BYRN drawdown since its inception was -92.51%, roughly equal to the maximum TRGP drawdown of -95.21%. Use the drawdown chart below to compare losses from any high point for BYRN and TRGP.
Loading charts...
Drawdown Indicators
| BYRN | TRGP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.51% | -95.21% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -85.22% | -16.30% | -68.92% |
Max Drawdown (3Y)Largest decline over 3 years | -85.49% | -31.61% | -53.88% |
Max Drawdown (5Y)Largest decline over 5 years | -92.51% | -31.61% | -60.90% |
Max Drawdown (10Y)Largest decline over 10 years | -92.51% | -90.78% | -1.73% |
Current DrawdownCurrent decline from peak | -81.43% | -1.50% | -79.93% |
Average DrawdownAverage peak-to-trough decline | -52.36% | -33.55% | -18.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 55.16% | 5.00% | +50.16% |
Volatility
BYRN vs. TRGP - Volatility Comparison
Byrna Technologies Inc. (BYRN) has a higher volatility of 17.02% compared to Targa Resources Corp. (TRGP) at 7.77%. This indicates that BYRN's price experiences larger fluctuations and is considered to be riskier than TRGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BYRN | TRGP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.02% | 7.77% | +9.25% |
Volatility (6M)Calculated over the trailing 6-month period | 59.78% | 18.59% | +41.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 74.16% | 27.29% | +46.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.23% | 31.90% | +41.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.32% | 47.62% | +47.70% |
Dividends
BYRN vs. TRGP - Dividend Comparison
BYRN has not paid dividends to shareholders, while TRGP's dividend yield for the trailing twelve months is around 1.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BYRN Byrna Technologies Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TRGP Targa Resources Corp. | 1.56% | 2.03% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% |
Financials
BYRN vs. TRGP - Financials Comparison
This section allows you to compare key financial metrics between Byrna Technologies Inc. and Targa Resources Corp.. 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
BYRN vs. TRGP - Profitability Comparison
BYRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Byrna Technologies Inc. reported a gross profit of 17.40M and revenue of 29.05M. Therefore, the gross margin over that period was 59.9%.
TRGP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported a gross profit of 0.00 and revenue of 4.09B. Therefore, the gross margin over that period was 0.0%.
BYRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Byrna Technologies Inc. reported an operating income of 928.00K and revenue of 29.05M, resulting in an operating margin of 3.2%.
TRGP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported an operating income of 846.90M and revenue of 4.09B, resulting in an operating margin of 20.7%.
BYRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Byrna Technologies Inc. reported a net income of 801.00K and revenue of 29.05M, resulting in a net margin of 2.8%.
TRGP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported a net income of 479.60M and revenue of 4.09B, resulting in a net margin of 11.7%.
Frequently Asked Questions
BYRN and TRGP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BYRN has higher volatility (17.02%) compared to TRGP (7.77%). In terms of maximum drawdown, BYRN dropped -92.51% vs TRGP's -95.21%.
TRGP currently has the higher Sharpe Ratio (2.39 vs -1.08), 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.
Find the right allocation for BYRN and TRGP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer