ERIE vs. ET
Compare and contrast key facts about Erie Indemnity Company (ERIE) and Energy Transfer LP (ET).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERIE or ET.
Correlation
The correlation between ERIE and ET is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ERIE vs. ET - Performance Comparison
Key characteristics
ERIE:
0.95
ET:
2.54
ERIE:
1.50
ET:
3.58
ERIE:
1.20
ET:
1.45
ERIE:
1.00
ET:
2.14
ERIE:
2.45
ET:
19.73
ERIE:
10.63%
ET:
2.17%
ERIE:
27.34%
ET:
16.86%
ERIE:
-50.74%
ET:
-87.81%
ERIE:
-24.87%
ET:
-8.01%
Fundamentals
ERIE:
$22.19B
ET:
$63.82B
ERIE:
$10.71
ET:
$1.36
ERIE:
39.62
ET:
13.71
ERIE:
3.05
ET:
0.66
ERIE:
$3.69B
ET:
$83.66B
ERIE:
$633.56M
ET:
$12.71B
ERIE:
$642.62M
ET:
$14.83B
Returns By Period
In the year-to-date period, ERIE achieves a 23.51% return, which is significantly lower than ET's 43.51% return. Over the past 10 years, ERIE has outperformed ET with an annualized return of 19.25%, while ET has yielded a comparatively lower 3.91% annualized return.
ERIE
23.51%
-1.94%
16.22%
26.70%
21.77%
19.25%
ET
43.51%
1.73%
20.95%
44.35%
17.23%
3.91%
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Risk-Adjusted Performance
ERIE vs. ET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Erie Indemnity Company (ERIE) and Energy Transfer LP (ET). 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.
Dividends
ERIE vs. ET - Dividend Comparison
ERIE's dividend yield for the trailing twelve months is around 1.25%, less than ET's 6.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERIE Erie Indemnity Company | 1.25% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% | 2.43% |
ET Energy Transfer LP | 6.98% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% | 3.19% |
Drawdowns
ERIE vs. ET - Drawdown Comparison
The maximum ERIE drawdown since its inception was -50.74%, smaller than the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for ERIE and ET. For additional features, visit the drawdowns tool.
Volatility
ERIE vs. ET - Volatility Comparison
Erie Indemnity Company (ERIE) has a higher volatility of 7.98% compared to Energy Transfer LP (ET) at 7.57%. This indicates that ERIE's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ERIE vs. ET - Financials Comparison
This section allows you to compare key financial metrics between Erie Indemnity Company and Energy Transfer LP. 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