ELMD vs. TRGP
ELMD (Electromed, Inc.) and TRGP (Targa Resources Corp.) are both stocks. ELMD operates in Medical Devices (Healthcare), while TRGP operates in Oil & Gas Midstream (Energy). Over the past 10 years, ELMD returned 24.27%/yr vs 26.71%/yr for TRGP. At a 0.12 correlation, their price movements are largely independent.
Performance
ELMD vs. TRGP - Performance Comparison
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Returns By Period
In the year-to-date period, ELMD achieves a 27.54% return, which is significantly lower than TRGP's 49.23% return. Over the past 10 years, ELMD has underperformed TRGP with an annualized return of 24.27%, while TRGP has yielded a comparatively higher 26.71% annualized return.
ELMD
- 1D
- -1.25%
- 1M
- 9.14%
- YTD
- 27.54%
- 6M
- 24.42%
- 1Y
- 85.61%
- 3Y*
- 47.60%
- 5Y*
- 27.88%
- 10Y*
- 24.27%
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%
ELMD vs. TRGP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ELMD Electromed, Inc. | 27.54% | -1.46% | 170.85% | 4.00% | -19.31% | 32.52% | 13.41% | 69.94% | -16.14% | 56.44% |
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 ELMD and TRGP is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2010 | 0.12 |
The correlation between ELMD and TRGP shifts across timeframes, from 0.01 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
ELMD:
$1.16
TRGP:
$13.11
ELMD:
31.92
TRGP:
20.79
ELMD:
0.88
TRGP:
0.23
ELMD:
4.50
TRGP:
2.70
ELMD:
$71.75M
TRGP:
$16.38B
ELMD:
$56.28M
TRGP:
$3.62B
ELMD:
$14.10M
TRGP:
$4.49B
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Return for Risk
ELMD vs. TRGP — Risk / Return Rank
ELMD
TRGP
ELMD vs. TRGP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Electromed, Inc. (ELMD) 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.
| ELMD | TRGP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.75 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | 4.00 | -0.30 |
| Martin ratioReturn relative to average drawdown | 7.48 | 13.02 | -5.54 |
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Drawdowns
ELMD vs. TRGP - Drawdown Comparison
The maximum ELMD drawdown since its inception was -78.65%, smaller than the maximum TRGP drawdown of -95.21%. Use the drawdown chart below to compare losses from any high point for ELMD and TRGP.
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Drawdown Indicators
| ELMD | TRGP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.65% | -95.21% | +16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -23.27% | -16.30% | -6.97% |
Max Drawdown (3Y)Largest decline over 3 years | -48.86% | -31.61% | -17.25% |
Max Drawdown (5Y)Largest decline over 5 years | -48.86% | -31.61% | -17.25% |
Max Drawdown (10Y)Largest decline over 10 years | -55.84% | -90.78% | +34.94% |
Current DrawdownCurrent decline from peak | -5.47% | -1.50% | -3.97% |
Average DrawdownAverage peak-to-trough decline | -33.86% | -33.55% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.49% | 5.00% | +6.49% |
Volatility
ELMD vs. TRGP - Volatility Comparison
Electromed, Inc. (ELMD) has a higher volatility of 13.66% compared to Targa Resources Corp. (TRGP) at 7.77%. This indicates that ELMD'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.
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Volatility by Period
| ELMD | TRGP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.66% | 7.77% | +5.89% |
Volatility (6M)Calculated over the trailing 6-month period | 37.53% | 18.59% | +18.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 52.64% | 27.29% | +25.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.29% | 31.90% | +14.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.97% | 47.62% | +5.35% |
Dividends
ELMD vs. TRGP - Dividend Comparison
ELMD 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELMD Electromed, 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
ELMD vs. TRGP - Financials Comparison
This section allows you to compare key financial metrics between Electromed, 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
ELMD vs. TRGP - Profitability Comparison
ELMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a gross profit of 14.64M and revenue of 18.58M. Therefore, the gross margin over that period was 78.8%.
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%.
ELMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported an operating income of 3.77M and revenue of 18.58M, resulting in an operating margin of 20.3%.
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%.
ELMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a net income of 3.00M and revenue of 18.58M, resulting in a net margin of 16.2%.
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
ELMD and TRGP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ELMD has higher volatility (13.66%) compared to TRGP (7.77%). In terms of maximum drawdown, ELMD dropped -78.65% vs TRGP's -95.21%.
TRGP currently has the higher Sharpe Ratio (2.39 vs 1.64), 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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