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ENI.MI vs. TRX-USD
Performance
Return for Risk
Drawdowns
Volatility

Performance

ENI.MI vs. TRX-USD - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Eni S.p.A. (ENI.MI) and Tronix (TRX-USD). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

ENI.MI is traded in EUR, while TRX-USD is traded in USD. To make them comparable, the TRX-USD values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, ENI.MI achieves a 47.16% return, which is significantly higher than TRX-USD's 12.68% return.


ENI.MI

1D
-2.27%
1M
-0.38%
YTD
47.16%
6M
49.00%
1Y
75.52%
3Y*
29.49%
5Y*
25.09%
10Y*
12.61%

TRX-USD

1D
0.00%
1M
-10.08%
YTD
12.68%
6M
16.88%
1Y
16.67%
3Y*
60.86%
5Y*
35.59%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ENI.MI vs. TRX-USD - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
ENI.MI
Eni S.p.A.
47.16%32.29%-8.74%23.38%16.23%52.33%-33.91%6.74%4.80%5.19%
TRX-USD
Tronix
12.68%-1.42%156.23%88.60%-23.53%201.89%85.42%-28.13%-45.99%1,682.21%

Correlation

The correlation between ENI.MI and TRX-USD is -0.02, 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

-0.02

Correlation (3Y)
Calculated over the trailing 3-year period

0.01

Correlation (5Y)
Calculated over the trailing 5-year period

0.07

Correlation (All Time)
Calculated using the full available price history since Sep 12, 2017

0.02

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Return for Risk

ENI.MI vs. TRX-USD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ENI.MI
ENI.MI Risk / Return Rank: 9696
Overall Rank
ENI.MI Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
ENI.MI Sortino Ratio Rank: 9494
Sortino Ratio Rank
ENI.MI Omega Ratio Rank: 9696
Omega Ratio Rank
ENI.MI Calmar Ratio Rank: 9595
Calmar Ratio Rank
ENI.MI Martin Ratio Rank: 9797
Martin Ratio Rank

TRX-USD
TRX-USD Risk / Return Rank: 9494
Overall Rank
TRX-USD Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
TRX-USD Sortino Ratio Rank: 9292
Sortino Ratio Rank
TRX-USD Omega Ratio Rank: 9292
Omega Ratio Rank
TRX-USD Calmar Ratio Rank: 9595
Calmar Ratio Rank
TRX-USD Martin Ratio Rank: 9494
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ENI.MI vs. TRX-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eni S.p.A. (ENI.MI) and Tronix (TRX-USD). 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.


ENI.MITRX-USDDifference
Sharpe ratioReturn per unit of total volatility

+2.75

Sortino ratioReturn per unit of downside risk

+2.78

Omega ratioGain probability vs. loss probability

1.59

1.11

+0.49

Calmar ratioReturn relative to maximum drawdown

6.15

0.62

+5.53

Martin ratioReturn relative to average drawdown

24.16

1.12

+23.03

ENI.MI vs. TRX-USD - Sharpe Ratio Comparison

The current ENI.MI Sharpe Ratio is 3.34, which is higher than the TRX-USD Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of ENI.MI and TRX-USD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

ENI.MI vs. TRX-USD - Drawdown Comparison

The maximum ENI.MI drawdown since its inception was -59.75%, smaller than the maximum TRX-USD drawdown of -95.56%. Use the drawdown chart below to compare losses from any high point for ENI.MI and TRX-USD.


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Drawdown Indicators


ENI.MITRX-USDDifference

Max Drawdown

Largest peak-to-trough decline

-59.75%

-95.56%

+35.81%

Max Drawdown (1Y)

Largest decline over 1 year

-12.58%

-26.92%

+14.34%

Max Drawdown (3Y)

Largest decline over 3 years

-23.53%

-52.64%

+29.11%

Max Drawdown (5Y)

Largest decline over 5 years

-26.26%

-55.67%

+29.41%

Max Drawdown (10Y)

Largest decline over 10 years

-59.75%

Current Drawdown

Current decline from peak

-5.63%

-33.84%

+28.21%

Average Drawdown

Average peak-to-trough decline

-16.90%

-61.42%

+44.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.20%

13.66%

-10.46%

Volatility

ENI.MI vs. TRX-USD - Volatility Comparison

The current volatility for Eni S.p.A. (ENI.MI) is 7.00%, while Tronix (TRX-USD) has a volatility of 8.66%. This indicates that ENI.MI experiences smaller price fluctuations and is considered to be less risky than TRX-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ENI.MITRX-USDDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.00%

8.66%

-1.66%

Volatility (6M)

Calculated over the trailing 6-month period

20.94%

19.18%

+1.76%

Volatility (1Y)

Calculated over the trailing 1-year period

23.18%

23.52%

-0.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.60%

57.98%

-34.38%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.35%

111.02%

-84.67%

Frequently Asked Questions


ENI.MI and TRX-USD have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Portfolio Optimizer

Find the right allocation for ENI.MI and TRX-USD

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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