CEG vs. AZZ
CEG (Constellation Energy Corp) and AZZ (AZZ Inc.) are both stocks. CEG operates in Utilities - Renewable (Utilities), while AZZ operates in Electrical Equipment & Parts (Industrials). Over the past 3 years, CEG returned 43.18%/yr vs 58.55%/yr for AZZ. At a 0.35 correlation, their price movements are largely independent.
Performance
CEG vs. AZZ - Performance Comparison
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Returns By Period
In the year-to-date period, CEG achieves a -24.15% return, which is significantly lower than AZZ's 42.26% return.
CEG
- 1D
- -0.31%
- 1M
- 1.97%
- YTD
- -24.15%
- 6M
- -21.42%
- 1Y
- -12.14%
- 3Y*
- 43.18%
- 5Y*
- —
- 10Y*
- —
AZZ
- 1D
- -1.07%
- 1M
- 8.75%
- YTD
- 42.26%
- 6M
- 40.69%
- 1Y
- 71.10%
- 3Y*
- 58.55%
- 5Y*
- 26.20%
- 10Y*
- 11.43%
CEG vs. AZZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -24.15% | 58.80% | 92.71% | 37.24% | 73.87% |
AZZ AZZ Inc. | 42.26% | 31.89% | 42.35% | 46.82% | -16.27% |
Correlation
The correlation between CEG and AZZ is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.35 |
The correlation between CEG and AZZ shifts across timeframes, from 0.22 (1 year) to 0.35 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CEG:
$94.58B
AZZ:
$4.58B
CEG:
$8.13
AZZ:
$10.51
CEG:
32.88
AZZ:
14.47
CEG:
0.57
AZZ:
0.10
CEG:
3.49
AZZ:
2.78
CEG:
2.82
AZZ:
3.43
CEG:
$24.82B
AZZ:
$1.65B
CEG:
$20.98B
AZZ:
$394.96M
CEG:
$5.87B
AZZ:
$564.26M
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Return for Risk
CEG vs. AZZ — Risk / Return Rank
CEG
AZZ
CEG vs. AZZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and AZZ Inc. (AZZ). 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.
| CEG | AZZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.58 | ||
| Sortino ratioReturn per unit of downside risk | -3.30 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.38 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.31 | 3.94 | -4.24 |
| Martin ratioReturn relative to average drawdown | -0.62 | 8.66 | -9.27 |
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Drawdowns
CEG vs. AZZ - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, smaller than the maximum AZZ drawdown of -77.87%. Use the drawdown chart below to compare losses from any high point for CEG and AZZ.
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Drawdown Indicators
| CEG | AZZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -77.87% | +27.17% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -18.16% | -21.61% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -23.66% | -27.04% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.23% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.02% | — |
Current DrawdownCurrent decline from peak | -33.59% | -1.07% | -32.52% |
Average DrawdownAverage peak-to-trough decline | -11.73% | -31.94% | +20.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.73% | 8.24% | +11.49% |
Volatility
CEG vs. AZZ - Volatility Comparison
Constellation Energy Corp (CEG) has a higher volatility of 15.49% compared to AZZ Inc. (AZZ) at 10.83%. This indicates that CEG's price experiences larger fluctuations and is considered to be riskier than AZZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CEG | AZZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.49% | 10.83% | +4.66% |
Volatility (6M)Calculated over the trailing 6-month period | 36.97% | 23.63% | +13.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.59% | 30.79% | +15.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.34% | 33.74% | +15.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.34% | 35.71% | +13.63% |
Dividends
CEG vs. AZZ - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.61%, more than AZZ's 0.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AZZ AZZ Inc. | 0.53% | 0.69% | 0.83% | 1.17% | 1.69% | 1.23% | 1.43% | 1.48% | 1.68% | 1.33% | 0.97% | 1.08% |
CEG Constellation Energy Corp | 0.61% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
CEG vs. AZZ - Financials Comparison
This section allows you to compare key financial metrics between Constellation Energy Corp and AZZ 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
CEG vs. AZZ - Profitability Comparison
CEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a gross profit of 2.48B and revenue of 6.07B. Therefore, the gross margin over that period was 40.8%.
AZZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a gross profit of 87.59M and revenue of 385.10M. Therefore, the gross margin over that period was 22.8%.
CEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported an operating income of 598.00M and revenue of 6.07B, resulting in an operating margin of 9.9%.
AZZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported an operating income of 57.13M and revenue of 385.10M, resulting in an operating margin of 14.8%.
CEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a net income of 432.00M and revenue of 6.07B, resulting in a net margin of 7.1%.
AZZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AZZ Inc. reported a net income of 15.93M and revenue of 385.10M, resulting in a net margin of 4.1%.
Frequently Asked Questions
CEG and AZZ have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (15.49%) compared to AZZ (10.83%). In terms of maximum drawdown, CEG dropped -50.70% vs AZZ's -77.87%.
AZZ currently has the higher Sharpe Ratio (2.32 vs -0.26), 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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