CEG vs. VST
CEG (Constellation Energy Corp) and VST (Vistra Corp.) are both stocks. Both are in the Utilities sector — CEG in Utilities - Renewable, VST in Utilities - Independent Power Producers. Over the past 3 years, CEG returned 40.06%/yr vs 83.39%/yr for VST. A 0.67 correlation means they provide meaningful diversification when combined.
Performance
CEG vs. VST - Performance Comparison
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Returns By Period
In the year-to-date period, CEG achieves a -27.96% return, which is significantly lower than VST's -8.13% return.
CEG
- 1D
- 2.86%
- 1M
- -7.54%
- YTD
- -27.96%
- 6M
- -27.70%
- 1Y
- -15.08%
- 3Y*
- 40.06%
- 5Y*
- —
- 10Y*
- —
VST
- 1D
- 1.12%
- 1M
- 3.79%
- YTD
- -8.13%
- 6M
- -12.74%
- 1Y
- -14.43%
- 3Y*
- 83.39%
- 5Y*
- 54.40%
- 10Y*
- —
CEG vs. VST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | -27.96% | 58.80% | 92.71% | 37.24% | 73.87% |
VST Vistra Corp. | -8.13% | 17.66% | 261.52% | 70.73% | 10.51% |
Correlation
The correlation between CEG and VST is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.67 |
The correlation between CEG and VST shifts across timeframes, from 0.67 (all time) to 0.78 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CEG:
$8.13
VST:
$8.60
CEG:
31.23
VST:
17.20
CEG:
0.54
VST:
0.39
CEG:
3.31
VST:
2.19
CEG:
$24.82B
VST:
$17.20B
CEG:
$20.98B
VST:
$1.12B
CEG:
$5.87B
VST:
$4.34B
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Return for Risk
CEG vs. VST — Risk / Return Rank
CEG
VST
CEG vs. VST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Constellation Energy Corp (CEG) and Vistra Corp. (VST). 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 | VST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.99 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | -0.38 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.78 | -0.70 | -0.08 |
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Drawdowns
CEG vs. VST - Drawdown Comparison
The maximum CEG drawdown since its inception was -50.70%, roughly equal to the maximum VST drawdown of -53.32%. Use the drawdown chart below to compare losses from any high point for CEG and VST.
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Drawdown Indicators
| CEG | VST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.70% | -53.32% | +2.62% |
Max Drawdown (1Y)Largest decline over 1 year | -39.77% | -38.01% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -50.70% | -48.80% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -48.80% | — |
Current DrawdownCurrent decline from peak | -36.93% | -31.89% | -5.04% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -13.72% | +2.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.38% | 20.73% | -1.35% |
Volatility
CEG vs. VST - Volatility Comparison
Constellation Energy Corp (CEG) and Vistra Corp. (VST) have volatilities of 15.26% and 15.14%, 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.
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Volatility by Period
| CEG | VST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.26% | 15.14% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 37.72% | 37.96% | -0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.66% | 48.75% | -2.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.38% | 47.97% | +1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.38% | 42.22% | +7.16% |
Dividends
CEG vs. VST - Dividend Comparison
CEG's dividend yield for the trailing twelve months is around 0.64%, more than VST's 0.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.64% | 0.44% | 0.63% | 0.97% | 0.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VST Vistra Corp. | 0.61% | 0.56% | 0.63% | 2.13% | 3.12% | 2.64% | 2.75% | 2.17% | 0.00% | 0.00% | 14.97% |
Financials
CEG vs. VST - Financials Comparison
This section allows you to compare key financial metrics between Constellation Energy Corp and Vistra 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
CEG vs. VST - 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%.
VST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vistra Corp. reported a gross profit of 0.00 and revenue of 5.64B. Therefore, the gross margin over that period was 0.0%.
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%.
VST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vistra Corp. reported an operating income of 1.50B and revenue of 5.64B, resulting in an operating margin of 26.6%.
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%.
VST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vistra Corp. reported a net income of 980.00M and revenue of 5.64B, resulting in a net margin of 17.4%.
Frequently Asked Questions
CEG and VST have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (15.26%) compared to VST (15.14%). In terms of maximum drawdown, CEG dropped -50.70% vs VST's -53.32%.
VST currently has the higher Sharpe Ratio (-0.30 vs -0.32), 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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