EOG vs. STLD
EOG (EOG Resources, Inc.) and STLD (Steel Dynamics, Inc.) are both stocks. EOG operates in Oil & Gas E&P (Energy), while STLD operates in Steel (Basic Materials). Over the past 10 years, EOG returned 8.50%/yr vs 29.92%/yr for STLD. At a 0.36 correlation, their price movements are largely independent.
Performance
EOG vs. STLD - Performance Comparison
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Returns By Period
In the year-to-date period, EOG achieves a 32.39% return, which is significantly lower than STLD's 67.39% return. Over the past 10 years, EOG has underperformed STLD with an annualized return of 8.50%, while STLD has yielded a comparatively higher 29.92% annualized return.
EOG
- 1D
- 0.09%
- 1M
- -2.57%
- YTD
- 32.39%
- 6M
- 28.71%
- 1Y
- 12.96%
- 3Y*
- 10.45%
- 5Y*
- 15.40%
- 10Y*
- 8.50%
STLD
- 1D
- 1.15%
- 1M
- 23.29%
- YTD
- 67.39%
- 6M
- 65.42%
- 1Y
- 114.70%
- 3Y*
- 40.23%
- 5Y*
- 36.27%
- 10Y*
- 29.92%
EOG vs. STLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EOG EOG Resources, Inc. | 32.39% | -11.37% | 4.30% | -2.03% | 56.88% | 88.62% | -38.64% | -2.82% | -18.66% | 7.47% |
STLD Steel Dynamics, Inc. | 67.39% | 50.70% | -1.99% | 22.75% | 60.14% | 71.42% | 12.46% | 16.78% | -29.02% | 23.34% |
Correlation
The correlation between EOG and STLD is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 1996 | 0.36 |
Over the past year, the correlation between EOG and STLD has dropped to 0.12 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
Fundamentals
EOG:
$73.11B
STLD:
$40.94B
EOG:
$10.16
STLD:
$9.33
EOG:
13.45
STLD:
30.30
EOG:
3.15
STLD:
2.19
EOG:
2.37
STLD:
4.47
EOG:
$23.48B
STLD:
$19.01B
EOG:
$11.38B
STLD:
$2.66B
EOG:
$14.73B
STLD:
$2.23B
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Return for Risk
EOG vs. STLD — Risk / Return Rank
EOG
STLD
EOG vs. STLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for EOG Resources, Inc. (EOG) and Steel Dynamics, Inc. (STLD). 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.
| EOG | STLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.87 | ||
| Sortino ratioReturn per unit of downside risk | -3.10 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.50 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 0.94 | 5.81 | -4.86 |
| Martin ratioReturn relative to average drawdown | 1.82 | 19.49 | -17.67 |
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Drawdowns
EOG vs. STLD - Drawdown Comparison
The maximum EOG drawdown since its inception was -77.13%, smaller than the maximum STLD drawdown of -87.05%. Use the drawdown chart below to compare losses from any high point for EOG and STLD.
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Drawdown Indicators
| EOG | STLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.13% | -87.05% | +9.92% |
Max Drawdown (1Y)Largest decline over 1 year | -18.51% | -20.33% | +1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -23.72% | -28.66% | +4.94% |
Max Drawdown (5Y)Largest decline over 5 years | -33.42% | -32.20% | -1.22% |
Max Drawdown (10Y)Largest decline over 10 years | -77.13% | -68.46% | -8.67% |
Current DrawdownCurrent decline from peak | -8.13% | 0.00% | -8.13% |
Average DrawdownAverage peak-to-trough decline | -21.97% | -33.27% | +11.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.55% | 6.04% | +3.51% |
Volatility
EOG vs. STLD - Volatility Comparison
The current volatility for EOG Resources, Inc. (EOG) is 8.72%, while Steel Dynamics, Inc. (STLD) has a volatility of 9.70%. This indicates that EOG experiences smaller price fluctuations and is considered to be less risky than STLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EOG | STLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.72% | 9.70% | -0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 21.09% | 24.96% | -3.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.17% | 33.38% | -7.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.95% | 38.03% | -5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.13% | 39.31% | -0.18% |
Dividends
EOG vs. STLD - Dividend Comparison
EOG's dividend yield for the trailing twelve months is around 2.95%, more than STLD's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EOG EOG Resources, Inc. | 2.95% | 3.76% | 2.97% | 4.80% | 6.79% | 5.19% | 2.83% | 1.21% | 0.87% | 0.62% | 0.66% | 0.95% |
STLD Steel Dynamics, Inc. | 0.72% | 1.18% | 1.61% | 1.44% | 1.39% | 1.68% | 2.71% | 2.82% | 2.50% | 1.44% | 1.57% | 3.08% |
Financials
EOG vs. STLD - Financials Comparison
This section allows you to compare key financial metrics between EOG Resources, Inc. and Steel Dynamics, 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
EOG vs. STLD - Profitability Comparison
EOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EOG Resources, Inc. reported a gross profit of 0.00 and revenue of 6.76B. Therefore, the gross margin over that period was 0.0%.
STLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a gross profit of 763.22M and revenue of 5.20B. Therefore, the gross margin over that period was 14.7%.
EOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EOG Resources, Inc. reported an operating income of 2.60B and revenue of 6.76B, resulting in an operating margin of 38.4%.
STLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported an operating income of 538.00M and revenue of 5.20B, resulting in an operating margin of 10.3%.
EOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EOG Resources, Inc. reported a net income of 1.98B and revenue of 6.76B, resulting in a net margin of 29.3%.
STLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Steel Dynamics, Inc. reported a net income of 403.44M and revenue of 5.20B, resulting in a net margin of 7.8%.
Frequently Asked Questions
EOG and STLD 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.
STLD has higher volatility (9.70%) compared to EOG (8.72%). In terms of maximum drawdown, EOG dropped -77.13% vs STLD's -87.05%.
STLD currently has the higher Sharpe Ratio (3.54 vs 0.67), 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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