ENOG.L vs. RNECY
ENOG.L (Energean Oil & Gas plc) and RNECY (Renesas Electronics Corp ADR) are both stocks. ENOG.L operates in Oil & Gas E&P (Energy), while RNECY operates in Semiconductors (Technology). Over the past 5 years, ENOG.L returned 6.07%/yr vs 22.84%/yr for RNECY. At a 0.09 correlation, their price movements are largely independent.
Performance
ENOG.L vs. RNECY - Performance Comparison
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Different Trading Currencies
ENOG.L is traded in GBp, while RNECY is traded in USD. To make them comparable, the RNECY values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, ENOG.L achieves a -13.13% return, which is significantly lower than RNECY's 105.46% return.
ENOG.L
- 1D
- -1.13%
- 1M
- -13.13%
- YTD
- -13.13%
- 6M
- -13.18%
- 1Y
- -5.94%
- 3Y*
- -4.02%
- 5Y*
- 6.07%
- 10Y*
- —
RNECY
- 1D
- -0.56%
- 1M
- 13.17%
- YTD
- 105.46%
- 6M
- 104.21%
- 1Y
- 113.23%
- 3Y*
- 12.62%
- 5Y*
- 22.84%
- 10Y*
- 18.03%
ENOG.L vs. RNECY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ENOG.L Energean Oil & Gas plc | -13.13% | -6.16% | 8.39% | -11.22% | 60.17% | 18.55% | -22.45% | 48.02% | 38.39% |
RNECY Renesas Electronics Corp ADR | 105.46% | -0.15% | -26.94% | 93.47% | -20.77% | 19.67% | 48.43% | 47.86% | -55.80% |
Correlation
The correlation between ENOG.L and RNECY is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2018 | 0.09 |
The correlation between ENOG.L and RNECY shifts across timeframes, from -0.07 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ENOG.L:
£1.37B
RNECY:
$51.26B
ENOG.L:
-$1.94
RNECY:
-¥2.98
ENOG.L:
0.75
RNECY:
5.56
ENOG.L:
12.95
RNECY:
3.22
ENOG.L:
$2.45B
RNECY:
¥1.46T
ENOG.L:
$811.30M
RNECY:
¥692.31B
ENOG.L:
$1.42B
RNECY:
¥475.96B
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Return for Risk
ENOG.L vs. RNECY — Risk / Return Rank
ENOG.L
RNECY
ENOG.L vs. RNECY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energean Oil & Gas plc (ENOG.L) and Renesas Electronics Corp ADR (RNECY). 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.
| ENOG.L | RNECY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.67 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.32 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 3.72 | -3.95 |
| Martin ratioReturn relative to average drawdown | -0.57 | 10.56 | -11.13 |
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Drawdowns
ENOG.L vs. RNECY - Drawdown Comparison
The maximum ENOG.L drawdown since its inception was -72.41%, smaller than the maximum RNECY drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for ENOG.L and RNECY.
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Drawdown Indicators
| ENOG.L | RNECY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.41% | -89.62% | +17.21% |
Max Drawdown (1Y)Largest decline over 1 year | -25.52% | -29.05% | +3.53% |
Max Drawdown (3Y)Largest decline over 3 years | -34.16% | -52.21% | +18.05% |
Max Drawdown (5Y)Largest decline over 5 years | -43.00% | -52.21% | +9.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -75.54% | — |
Current DrawdownCurrent decline from peak | -32.98% | -8.04% | -24.94% |
Average DrawdownAverage peak-to-trough decline | -20.65% | -54.35% | +33.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.39% | 10.49% | -0.10% |
Volatility
ENOG.L vs. RNECY - Volatility Comparison
The current volatility for Energean Oil & Gas plc (ENOG.L) is 8.29%, while Renesas Electronics Corp ADR (RNECY) has a volatility of 26.39%. This indicates that ENOG.L experiences smaller price fluctuations and is considered to be less risky than RNECY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENOG.L | RNECY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.29% | 26.39% | -18.10% |
Volatility (6M)Calculated over the trailing 6-month period | 21.72% | 46.14% | -24.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.33% | 56.64% | -28.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.90% | 46.29% | -9.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.22% | 48.76% | -3.54% |
Dividends
ENOG.L vs. RNECY - Dividend Comparison
ENOG.L's dividend yield for the trailing twelve months is around 9.99%, while RNECY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ENOG.L Energean Oil & Gas plc | 9.99% | 10.16% | 7.89% | 11.49% | 4.58% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% | 0.00% | 0.00% |
Financials
ENOG.L vs. RNECY - Financials Comparison
This section allows you to compare key financial metrics between Energean Oil & Gas plc and Renesas Electronics Corp ADR. 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
ENOG.L vs. RNECY - Profitability Comparison
ENOG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported a gross profit of 221.43M and revenue of 928.78M. Therefore, the gross margin over that period was 23.8%.
RNECY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a gross profit of 198.11B and revenue of 387.28B. Therefore, the gross margin over that period was 51.2%.
ENOG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported an operating income of 195.15M and revenue of 928.78M, resulting in an operating margin of 21.0%.
RNECY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported an operating income of 93.16B and revenue of 387.28B, resulting in an operating margin of 24.1%.
ENOG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported a net income of -369.83M and revenue of 928.78M, resulting in a net margin of -39.8%.
RNECY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a net income of 69.40B and revenue of 387.28B, resulting in a net margin of 17.9%.
Frequently Asked Questions
ENOG.L and RNECY have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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