ES vs. BYND

Last updated Jun 13, 2026

ES (Eversource Energy) and BYND (Beyond Meat, Inc.) are both stocks. ES operates in Utilities - Regulated Electric (Utilities), while BYND operates in Packaged Foods (Consumer Defensive). Over the past 5 years, ES returned 0.24%/yr vs -65.98%/yr for BYND. At a 0.11 correlation, their price movements are largely independent.

Performance

ES vs. BYND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eversource Energy (ES) and Beyond Meat, Inc. (BYND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ES achieves a 4.32% return, which is significantly higher than BYND's -16.91% return.

ES

• 1D: 0.38%
• 1M: 3.48%
• YTD: 4.32%
• 6M: 4.28%
• 1Y: 10.16%
• 3Y*: 4.00%
• 5Y*: 0.24%
• 10Y*: 5.44%

BYND

• 1D: -3.20%
• 1M: -15.29%
• YTD: -16.91%
• 6M: -37.50%
• 1Y: -78.44%
• 3Y*: -63.44%
• 5Y*: -65.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ES vs. BYND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ES Eversource Energy	4.32%	22.86%	-2.46%	-23.43%	-5.06%	8.18%	4.45%	22.03%
BYND Beyond Meat, Inc.	-16.91%	-78.19%	-57.75%	-27.70%	-81.11%	-47.87%	65.34%	64.35%

Correlation

The correlation between ES and BYND is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (All Time) Calculated using the full available price history since May 2, 2019	0.11

Fundamentals

Market Cap ES : $25.87B BYND : $325.51M
EPS ES : $4.68 BYND : $1.03
PE Ratio ES : 14.67 BYND : 0.66
PS Ratio ES : 1.84 BYND : 0.52
PB Ratio ES : 0.00 BYND : 4.35
Total Revenue (TTM) ES : $13.93B BYND : $275.50M
Gross Profit (TTM) ES : $4.19B BYND : $7.65M
EBITDA (TTM) ES : $4.60B BYND : -$290.85M

Return for Risk

ES vs. BYND — Risk / Return Rank

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

ES

ES Risk / Return Rank: 54
ES Sharpe Ratio Rank: 56
ES Sortino Ratio Rank: 47
ES Omega Ratio Rank: 49
ES Calmar Ratio Rank: 57
ES Martin Ratio Rank: 58

BYND

BYND Risk / Return Rank: 27
BYND Sharpe Ratio Rank: 28
BYND Sortino Ratio Rank: 42
BYND Omega Ratio Rank: 41
BYND Calmar Ratio Rank: 7
BYND Martin Ratio Rank: 16

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.

ES vs. BYND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eversource Energy (ES) and Beyond Meat, Inc. (BYND). 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.

	ES	BYND	Difference
Sharpe ratio: Return per unit of total volatility	0.37	-0.33	+0.71
Sortino ratio: Return per unit of downside risk	0.62	0.42	+0.20
Omega ratio: Gain probability vs. loss probability	1.09	1.05	+0.04
Calmar ratio: Return relative to maximum drawdown	0.61	-0.90	+1.51
Martin ratio: Return relative to average drawdown	1.46	-1.19	+2.65

ES vs. BYND - Sharpe Ratio Comparison

The current ES Sharpe Ratio is 0.37, which is higher than the BYND Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of ES and BYND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ES vs. BYND - Drawdown Comparison

The maximum ES drawdown since its inception was -73.04%, smaller than the maximum BYND drawdown of -99.78%. Use the drawdown chart below to compare losses from any high point for ES and BYND.

Drawdown Indicators

	ES	BYND	Difference
Max Drawdown Largest peak-to-trough decline	-73.04%	-99.78%	+26.74%
Max Drawdown (1Y) Largest decline over 1 year	-15.13%	-87.85%	+72.72%
Max Drawdown (3Y) Largest decline over 3 years	-28.65%	-97.06%	+68.41%
Max Drawdown (5Y) Largest decline over 5 years	-41.69%	-99.67%	+57.98%
Max Drawdown (10Y) Largest decline over 10 years	-41.69%	—	—
Current Drawdown Current decline from peak	-13.32%	-99.71%	+86.39%
Average Drawdown Average peak-to-trough decline	-19.06%	-75.62%	+56.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.30%	66.55%	-60.25%

Volatility

ES vs. BYND - Volatility Comparison

The current volatility for Eversource Energy (ES) is 7.72%, while Beyond Meat, Inc. (BYND) has a volatility of 20.19%. This indicates that ES experiences smaller price fluctuations and is considered to be less risky than BYND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ES	BYND	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.72%	20.19%	-12.47%
Volatility (6M) Calculated over the trailing 6-month period	16.00%	75.70%	-59.70%
Volatility (1Y) Calculated over the trailing 1-year period	24.68%	236.92%	-212.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.94%	126.82%	-102.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.35%	117.26%	-92.91%

Dividends

ES vs. BYND - Dividend Comparison

ES's dividend yield for the trailing twelve months is around 4.48%, while BYND has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BYND Beyond Meat, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
ES Eversource Energy	4.48%	4.47%	4.98%	4.37%	3.04%	2.65%	2.62%	2.52%	3.11%	3.01%	3.22%	3.27%

Financials

Frequently Asked Questions

Can I hold both ES and BYND in my portfolio?

ES and BYND have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ES or BYND?

BYND has higher volatility (20.19%) compared to ES (7.72%). In terms of maximum drawdown, ES dropped -73.04% vs BYND's -99.78%.

Which has better risk-adjusted returns?

ES currently has the higher Sharpe Ratio (0.37 vs -0.33), 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.