EME vs. CBOE
EME (EMCOR Group, Inc.) and CBOE (Cboe Global Markets, Inc.) are both stocks. EME operates in Engineering & Construction (Industrials), while CBOE operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, EME returned 31.20%/yr vs 16.68%/yr for CBOE. At a 0.20 correlation, their price movements are largely independent.
Performance
EME vs. CBOE - Performance Comparison
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Returns By Period
In the year-to-date period, EME achieves a 21.81% return, which is significantly higher than CBOE's 11.35% return. Over the past 10 years, EME has outperformed CBOE with an annualized return of 31.20%, while CBOE has yielded a comparatively lower 16.68% annualized return.
EME
- 1D
- -0.02%
- 1M
- -11.02%
- 6M
- 6.60%
- YTD
- 21.81%
- 1Y
- 31.82%
- 3Y*
- 57.90%
- 5Y*
- 44.10%
- 10Y*
- 31.20%
- ALL TIME*
- 20.96%
CBOE
- 1D
- 1.76%
- 1M
- 11.69%
- 6M
- 2.17%
- YTD
- 11.35%
- 1Y
- 17.81%
- 3Y*
- 26.15%
- 5Y*
- 20.25%
- 10Y*
- 16.68%
- ALL TIME*
- 16.08%
EME vs. CBOE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EME EMCOR Group, Inc. | 21.81% | 35.05% | 111.27% | 46.03% | 16.81% | 39.93% | 6.47% | 45.18% | -26.68% | 16.09% |
CBOE Cboe Global Markets, Inc. | 11.35% | 29.96% | 10.74% | 44.37% | -2.16% | 42.23% | -21.17% | 24.16% | -20.60% | 70.49% |
Correlation
The correlation between EME and CBOE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2010 | 0.20 |
The correlation between EME and CBOE shifts across timeframes, from -0.12 (1 year) to 0.20 (all time), reflecting how their relationship changes across market environments.
Fundamentals
EME:
$33.13B
CBOE:
$29.12B
EME:
$29.64
CBOE:
$11.77
EME:
25.10
CBOE:
23.64
EME:
0.59
CBOE:
0.44
EME:
1.89
CBOE:
6.09
EME:
8.67
CBOE:
5.44
EME:
$17.75B
CBOE:
$4.79B
EME:
$3.47B
CBOE:
$2.50B
EME:
$2.03B
CBOE:
$1.87B
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Return for Risk
EME vs. CBOE — Risk / Return Rank
EME
CBOE
EME vs. CBOE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EMCOR Group, Inc. (EME) and Cboe Global Markets, Inc. (CBOE). 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.
| EME | CBOE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.13 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.49 | +0.78 |
| Martin ratioReturn relative to average drawdown | 2.83 | 1.69 | +1.15 |
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Drawdowns
EME vs. CBOE - Drawdown Comparison
The maximum EME drawdown since its inception was -70.56%, which is greater than CBOE's maximum drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for EME and CBOE.
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Drawdown Indicators
| EME | CBOE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.56% | -43.23% | -27.33% |
Max Drawdown (1Y)Largest decline over 1 year | -25.15% | -36.73% | +11.58% |
Max Drawdown (3Y)Largest decline over 3 years | -36.19% | -36.73% | +0.54% |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | -36.73% | +0.54% |
Max Drawdown (10Y)Largest decline over 10 years | -48.00% | -43.23% | -4.77% |
Current DrawdownCurrent decline from peak | -21.12% | -23.97% | +2.85% |
Average DrawdownAverage peak-to-trough decline | -15.36% | -11.51% | -3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.26% | 10.58% | +0.68% |
Volatility
EME vs. CBOE - Volatility Comparison
EMCOR Group, Inc. (EME) has a higher volatility of 12.35% compared to Cboe Global Markets, Inc. (CBOE) at 11.54%. This indicates that EME's price experiences larger fluctuations and is considered to be riskier than CBOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EME | CBOE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.35% | 11.54% | +0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 27.56% | 28.31% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.20% | 31.19% | +9.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.67% | 24.07% | +9.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.19% | 25.78% | +7.41% |
Dividends
EME vs. CBOE - Dividend Comparison
EME's dividend yield for the trailing twelve months is around 0.19%, less than CBOE's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.04% | 1.08% | 1.21% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% |
EME EMCOR Group, Inc. | 0.19% | 0.16% | 0.20% | 0.32% | 0.36% | 0.41% | 0.35% | 0.37% | 0.54% | 0.39% | 0.45% | 0.67% |
Financials
EME vs. CBOE - Financials Comparison
This section allows you to compare key financial metrics between EMCOR Group, Inc. and Cboe Global Markets, 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
EME vs. CBOE - Profitability Comparison
EME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, EMCOR Group, Inc. reported a gross profit of 863.95M and revenue of 4.63B. Therefore, the gross margin over that period was 18.7%.
CBOE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.
EME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, EMCOR Group, Inc. reported an operating income of 403.85M and revenue of 4.63B, resulting in an operating margin of 8.7%.
CBOE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.
EME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, EMCOR Group, Inc. reported a net income of 305.48M and revenue of 4.63B, resulting in a net margin of 6.6%.
CBOE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.
Frequently Asked Questions
EME and CBOE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EME has higher volatility (12.35%) compared to CBOE (11.54%). In terms of maximum drawdown, EME dropped -70.56% vs CBOE's -43.23%.
EME currently has the higher Sharpe Ratio (0.80 vs 0.57), 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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