CIG vs. ETR
CIG (Companhia Energética de Minas Gerais) and ETR (Entergy Corporation) are both stocks. Both operate in the Utilities - Diversified industry within the Utilities sector. Over the past 10 years, CIG returned 14.98%/yr vs 15.45%/yr for ETR. At a 0.20 correlation, their price movements are largely independent.
Performance
CIG vs. ETR - Performance Comparison
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Returns By Period
In the year-to-date period, CIG achieves a 13.16% return, which is significantly lower than ETR's 26.45% return. Both investments have delivered pretty close results over the past 10 years, with CIG having a 14.98% annualized return and ETR not far ahead at 15.45%.
CIG
- 1D
- -3.18%
- 1M
- 4.07%
- 6M
- 13.73%
- YTD
- 13.16%
- 1Y
- 24.44%
- 3Y*
- 13.82%
- 5Y*
- 27.46%
- 10Y*
- 14.98%
ETR
- 1D
- -0.18%
- 1M
- 3.94%
- 6M
- 25.00%
- YTD
- 26.45%
- 1Y
- 44.88%
- 3Y*
- 36.84%
- 5Y*
- 21.89%
- 10Y*
- 15.45%
CIG vs. ETR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 13.16% | 28.04% | 9.38% | 20.62% | 60.40% | -6.09% | -7.92% | -1.14% | 84.56% | -8.17% |
ETR Entergy Corporation | 26.45% | 25.34% | 55.96% | -6.09% | 3.55% | 17.12% | -13.73% | 44.31% | 10.60% | 15.91% |
Correlation
The correlation between CIG and ETR is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 1996 | 0.20 |
The correlation between CIG and ETR shifts across timeframes, from 0.19 (10 years) to 0.30 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CIG:
$6.09B
ETR:
$52.58B
CIG:
R$1.69
ETR:
$3.95
CIG:
6.42
ETR:
29.04
CIG:
0.61
ETR:
1.07
CIG:
0.72
ETR:
3.94
CIG:
1.09
ETR:
3.06
CIG:
R$43.35B
ETR:
$13.29B
CIG:
R$6.06B
ETR:
$5.76B
CIG:
R$6.81B
ETR:
$5.91B
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Return for Risk
CIG vs. ETR — Risk / Return Rank
CIG
ETR
CIG vs. ETR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Companhia Energética de Minas Gerais (CIG) and Entergy Corporation (ETR). 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.
| CIG | ETR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.70 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.39 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 4.27 | -3.23 |
| Martin ratioReturn relative to average drawdown | 2.52 | 14.06 | -11.54 |
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Drawdowns
CIG vs. ETR - Drawdown Comparison
The maximum CIG drawdown since its inception was -88.84%, which is greater than ETR's maximum drawdown of -71.72%. Use the drawdown chart below to compare losses from any high point for CIG and ETR.
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Drawdown Indicators
| CIG | ETR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.84% | -71.72% | -17.12% |
Max Drawdown (1Y)Largest decline over 1 year | -23.67% | -10.56% | -13.11% |
Max Drawdown (3Y)Largest decline over 3 years | -23.67% | -13.97% | -9.70% |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | -25.12% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -65.73% | -41.99% | -23.74% |
Current DrawdownCurrent decline from peak | -18.62% | -1.60% | -17.02% |
Average DrawdownAverage peak-to-trough decline | -41.56% | -25.22% | -16.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.77% | 3.20% | +6.57% |
Volatility
CIG vs. ETR - Volatility Comparison
Companhia Energética de Minas Gerais (CIG) has a higher volatility of 8.02% compared to Entergy Corporation (ETR) at 4.58%. This indicates that CIG's price experiences larger fluctuations and is considered to be riskier than ETR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CIG | ETR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 4.58% | +3.44% |
Volatility (6M)Calculated over the trailing 6-month period | 22.08% | 15.95% | +6.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.23% | 20.05% | +10.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.50% | 22.53% | +14.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.10% | 24.12% | +21.98% |
Dividends
CIG vs. ETR - Dividend Comparison
CIG's dividend yield for the trailing twelve months is around 11.39%, more than ETR's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CIG Companhia Energética de Minas Gerais | 11.39% | 12.02% | 11.10% | 5.50% | 13.28% | 10.94% | 3.94% | 3.35% | 4.20% | 1.98% | 7.39% | 7.78% |
ETR Entergy Corporation | 2.76% | 2.64% | 3.03% | 4.29% | 3.64% | 3.43% | 3.75% | 3.06% | 4.16% | 4.30% | 4.65% | 4.89% |
Financials
CIG vs. ETR - Financials Comparison
This section allows you to compare key financial metrics between Companhia Energética de Minas Gerais and Entergy Corporation. 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
CIG vs. ETR - Profitability Comparison
CIG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported a gross profit of 1.62B and revenue of 10.27B. Therefore, the gross margin over that period was 15.8%.
ETR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Entergy Corporation reported a gross profit of 2.19B and revenue of 3.19B. Therefore, the gross margin over that period was 68.7%.
CIG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported an operating income of 1.31B and revenue of 10.27B, resulting in an operating margin of 12.8%.
ETR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Entergy Corporation reported an operating income of 572.22M and revenue of 3.19B, resulting in an operating margin of 18.0%.
CIG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Companhia Energética de Minas Gerais reported a net income of 960.23M and revenue of 10.27B, resulting in a net margin of 9.4%.
ETR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Entergy Corporation reported a net income of 390.81M and revenue of 3.19B, resulting in a net margin of 12.3%.
Frequently Asked Questions
CIG and ETR have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CIG has higher volatility (8.02%) compared to ETR (4.58%). In terms of maximum drawdown, CIG dropped -88.84% vs ETR's -71.72%.
ETR currently has the higher Sharpe Ratio (2.25 vs 0.81), 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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