ET vs. QS
ET (Energy Transfer LP) and QS (QuantumScape Corporation) are both stocks. ET operates in Oil & Gas Midstream (Energy), while QS operates in Auto Parts (Consumer Cyclical). Over the past 5 years, ET returned 20.15%/yr vs -23.97%/yr for QS. At a 0.20 correlation, their price movements are largely independent.
Performance
ET vs. QS - Performance Comparison
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Returns By Period
In the year-to-date period, ET achieves a 19.85% return, which is significantly higher than QS's -31.96% return.
ET
- 1D
- 1.65%
- 1M
- -5.12%
- YTD
- 19.85%
- 6M
- 19.34%
- 1Y
- 11.35%
- 3Y*
- 24.04%
- 5Y*
- 20.15%
- 10Y*
- 13.14%
QS
- 1D
- -1.94%
- 1M
- -18.13%
- YTD
- -31.96%
- 6M
- -39.92%
- 1Y
- 57.91%
- 3Y*
- -1.86%
- 5Y*
- -23.97%
- 10Y*
- —
ET vs. QS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 19.85% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -3.91% |
QS QuantumScape Corporation | -31.96% | 100.77% | -25.32% | 22.57% | -74.45% | -73.72% | 757.36% |
Correlation
The correlation between ET and QS 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 | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Aug 17, 2020 | 0.20 |
The correlation between ET and QS shifts across timeframes, from 0.02 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ET:
$65.93B
QS:
$4.33B
ET:
$1.36
QS:
-$0.72
ET:
1.33
QS:
3.90
ET:
$89.38B
QS:
$0.00
ET:
$20.48B
QS:
-$49.03M
ET:
$13.02B
QS:
-$378.92M
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Return for Risk
ET vs. QS — Risk / Return Rank
ET
QS
ET vs. QS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and QuantumScape Corporation (QS). 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.
| ET | QS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 0.86 | +0.36 |
| Martin ratioReturn relative to average drawdown | 2.70 | 1.33 | +1.37 |
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Drawdowns
ET vs. QS - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, smaller than the maximum QS drawdown of -97.36%. Use the drawdown chart below to compare losses from any high point for ET and QS.
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Drawdown Indicators
| ET | QS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.81% | -97.36% | +9.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.38% | -67.68% | +58.30% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -73.93% | +49.37% |
Max Drawdown (5Y)Largest decline over 5 years | -25.82% | -91.45% | +65.63% |
Max Drawdown (10Y)Largest decline over 10 years | -72.82% | — | — |
Current DrawdownCurrent decline from peak | -6.47% | -94.62% | +88.15% |
Average DrawdownAverage peak-to-trough decline | -25.72% | -85.52% | +59.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.65% | 43.64% | -38.99% |
Volatility
ET vs. QS - Volatility Comparison
The current volatility for Energy Transfer LP (ET) is 5.08%, while QuantumScape Corporation (QS) has a volatility of 25.60%. This indicates that ET experiences smaller price fluctuations and is considered to be less risky than QS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ET | QS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 25.60% | -20.52% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 48.92% | -36.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.13% | 103.22% | -87.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.86% | 85.76% | -60.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.99% | 105.87% | -70.88% |
Dividends
ET vs. QS - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 7.00%, while QS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 7.00% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
QS QuantumScape Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ET vs. QS - Financials Comparison
This section allows you to compare key financial metrics between Energy Transfer LP and QuantumScape Corporation. 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
Frequently Asked Questions
ET and QS 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.
QS has higher volatility (25.60%) compared to ET (5.08%). In terms of maximum drawdown, ET dropped -87.81% vs QS's -97.36%.
ET currently has the higher Sharpe Ratio (0.71 vs 0.56), 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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