EC vs. ET
EC (Ecopetrol S.A.) and ET (Energy Transfer LP) are both stocks. Both are in the Energy sector — EC in Oil & Gas Integrated, ET in Oil & Gas Midstream. Over the past 10 years, EC returned 16.83%/yr vs 12.65%/yr for ET. At a 0.40 correlation, their price movements are largely independent.
Performance
EC vs. ET - Performance Comparison
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Returns By Period
In the year-to-date period, EC achieves a 63.21% return, which is significantly higher than ET's 22.86% return. Over the past 10 years, EC has outperformed ET with an annualized return of 16.83%, while ET has yielded a comparatively lower 12.65% annualized return.
EC
- 1D
- -2.50%
- 1M
- 11.05%
- YTD
- 63.21%
- 6M
- 61.44%
- 1Y
- 100.00%
- 3Y*
- 40.47%
- 5Y*
- 21.16%
- 10Y*
- 16.83%
ET
- 1D
- 0.05%
- 1M
- -0.96%
- YTD
- 22.86%
- 6M
- 21.25%
- 1Y
- 17.66%
- 3Y*
- 24.39%
- 5Y*
- 21.90%
- 10Y*
- 12.65%
EC vs. ET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 63.21% | 58.65% | -24.25% | 41.83% | -5.04% | 0.57% | -29.31% | 38.58% | 11.95% | 64.34% |
ET Energy Transfer LP | 22.86% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
Correlation
The correlation between EC and ET is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2008 | 0.40 |
The correlation between EC and ET shifts across timeframes, from 0.29 (1 year) to 0.45 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EC:
$32.03B
ET:
$67.59B
EC:
$4.26K
ET:
$1.36
EC:
0.00
ET:
14.36
EC:
0.00
ET:
0.78
EC:
0.00
ET:
1.36
EC:
$116.38T
ET:
$89.38B
EC:
$37.91T
ET:
$20.48B
EC:
$42.24T
ET:
$13.02B
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Return for Risk
EC vs. ET — Risk / Return Rank
EC
ET
EC vs. ET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ecopetrol S.A. (EC) and Energy Transfer LP (ET). 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.
| EC | ET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.19 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 7.62 | 1.77 | +5.85 |
| Martin ratioReturn relative to average drawdown | 17.65 | 3.90 | +13.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| EC | ET | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.69 | 1.09 | +1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.89 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.36 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.36 | -0.21 |
Drawdowns
EC vs. ET - Drawdown Comparison
The maximum EC drawdown since its inception was -90.16%, roughly equal to the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for EC and ET.
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Drawdown Indicators
| EC | ET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.16% | -87.81% | -2.35% |
Max Drawdown (1Y)Largest decline over 1 year | -13.20% | -10.02% | -3.18% |
Max Drawdown (3Y)Largest decline over 3 years | -38.00% | -24.56% | -13.44% |
Max Drawdown (5Y)Largest decline over 5 years | -48.60% | -25.82% | -22.78% |
Max Drawdown (10Y)Largest decline over 10 years | -73.36% | -72.82% | -0.54% |
Current DrawdownCurrent decline from peak | -21.08% | -4.12% | -16.96% |
Average DrawdownAverage peak-to-trough decline | -51.23% | -25.75% | -25.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.68% | 4.55% | +1.13% |
Volatility
EC vs. ET - Volatility Comparison
Ecopetrol S.A. (EC) has a higher volatility of 17.04% compared to Energy Transfer LP (ET) at 5.97%. This indicates that EC's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EC | ET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.04% | 5.97% | +11.07% |
Volatility (6M)Calculated over the trailing 6-month period | 30.50% | 11.89% | +18.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.38% | 16.42% | +20.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.66% | 24.90% | +12.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.81% | 35.04% | +5.77% |
Dividends
EC vs. ET - Dividend Comparison
EC's dividend yield for the trailing twelve months is around 7.58%, more than ET's 6.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EC Ecopetrol S.A. | 7.58% | 20.77% | 20.47% | 22.02% | 22.47% | 0.72% | 6.92% | 9.87% | 4.01% | 1.06% | 0.00% | 14.83% |
ET Energy Transfer LP | 6.83% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
Financials
EC vs. ET - Financials Comparison
This section allows you to compare key financial metrics between Ecopetrol S.A. and Energy Transfer LP. 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
EC vs. ET - Profitability Comparison
EC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported a gross profit of 11.03T and revenue of 28.41T. Therefore, the gross margin over that period was 38.8%.
ET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported a gross profit of 6.62B and revenue of 27.77B. Therefore, the gross margin over that period was 23.9%.
EC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported an operating income of 8.50T and revenue of 28.41T, resulting in an operating margin of 29.9%.
ET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported an operating income of 2.98B and revenue of 27.77B, resulting in an operating margin of 10.7%.
EC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ecopetrol S.A. reported a net income of 2.87T and revenue of 28.41T, resulting in a net margin of 10.1%.
ET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energy Transfer LP reported a net income of 1.25B and revenue of 27.77B, resulting in a net margin of 4.5%.
Frequently Asked Questions
EC and ET have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EC has higher volatility (17.04%) compared to ET (5.97%). In terms of maximum drawdown, EC dropped -90.16% vs ET's -87.81%.
EC currently has the higher Sharpe Ratio (2.69 vs 1.09), 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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