ET vs. RVMD

Last updated Jun 16, 2026

ET (Energy Transfer LP) and RVMD (Revolution Medicines, Inc.) are both stocks. ET operates in Oil & Gas Midstream (Energy), while RVMD operates in Biotechnology (Healthcare). Over the past 5 years, ET returned 19.85%/yr vs 35.73%/yr for RVMD. At a 0.16 correlation, their price movements are largely independent.

Performance

ET vs. RVMD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Transfer LP (ET) and Revolution Medicines, Inc. (RVMD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ET achieves a 18.84% return, which is significantly lower than RVMD's 100.95% return.

ET

• 1D: -0.84%
• 1M: -6.15%
• YTD: 18.84%
• 6M: 18.77%
• 1Y: 11.20%
• 3Y*: 23.21%
• 5Y*: 19.85%
• 10Y*: 12.78%

RVMD

• 1D: 4.02%
• 1M: 9.89%
• YTD: 100.95%
• 6M: 102.61%
• 1Y: 294.33%
• 3Y*: 86.64%
• 5Y*: 35.73%
• 10Y*: —

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

ET vs. RVMD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ET Energy Transfer LP	18.84%	-9.37%	53.87%	27.87%	55.74%	42.96%	-46.21%
RVMD Revolution Medicines, Inc.	100.95%	82.10%	52.51%	20.40%	-5.36%	-36.42%	40.34%

Correlation

The correlation between ET and RVMD is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Feb 13, 2020	0.16

The correlation between ET and RVMD shifts across timeframes, from -0.01 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ET : $65.38B RVMD : $31.71B
EPS ET : $1.36 RVMD : -$7.17
PB Ratio ET : 1.31 RVMD : 21.14
Total Revenue (TTM) ET : $89.38B RVMD : $0.00
Gross Profit (TTM) ET : $20.48B RVMD : -$4.70M
EBITDA (TTM) ET : $13.02B RVMD : -$1.34B

Return for Risk

ET vs. RVMD — Risk / Return Rank

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

ET

ET Risk / Return Rank: 63
ET Sharpe Ratio Rank: 66
ET Sortino Ratio Rank: 59
ET Omega Ratio Rank: 55
ET Calmar Ratio Rank: 67
ET Martin Ratio Rank: 67

RVMD

RVMD Risk / Return Rank: 98
RVMD Sharpe Ratio Rank: 98
RVMD Sortino Ratio Rank: 99
RVMD Omega Ratio Rank: 98
RVMD Calmar Ratio Rank: 98
RVMD Martin Ratio Rank: 98

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.

ET vs. RVMD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and Revolution Medicines, Inc. (RVMD). 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	RVMD	Difference
Sharpe ratio: Return per unit of total volatility	0.70	4.41	-3.72
Sortino ratio: Return per unit of downside risk	1.14	5.59	-4.45
Omega ratio: Gain probability vs. loss probability	1.13	1.78	-0.66
Calmar ratio: Return relative to maximum drawdown	1.28	11.88	-10.60
Martin ratio: Return relative to average drawdown	2.91	28.48	-25.57

ET vs. RVMD - Sharpe Ratio Comparison

The current ET Sharpe Ratio is 0.70, which is lower than the RVMD Sharpe Ratio of 4.41. The chart below compares the historical Sharpe Ratios of ET and RVMD, 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

ET vs. RVMD - Drawdown Comparison

The maximum ET drawdown since its inception was -87.81%, which is greater than RVMD's maximum drawdown of -73.29%. Use the drawdown chart below to compare losses from any high point for ET and RVMD.

Drawdown Indicators

	ET	RVMD	Difference
Max Drawdown Largest peak-to-trough decline	-87.81%	-73.29%	-14.52%
Max Drawdown (1Y) Largest decline over 1 year	-8.79%	-24.95%	+16.16%
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	-48.63%	+24.07%
Max Drawdown (5Y) Largest decline over 5 years	-24.56%	-57.95%	+33.39%
Max Drawdown (10Y) Largest decline over 10 years	-72.82%	—	—
Current Drawdown Current decline from peak	-7.26%	-2.21%	-5.05%
Average Drawdown Average peak-to-trough decline	-25.72%	-35.66%	+9.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.24%	10.57%	-6.33%

Volatility

ET vs. RVMD - Volatility Comparison

The current volatility for Energy Transfer LP (ET) is 4.85%, while Revolution Medicines, Inc. (RVMD) has a volatility of 13.97%. This indicates that ET experiences smaller price fluctuations and is considered to be less risky than RVMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ET	RVMD	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	13.97%	-9.12%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	55.20%	-43.13%
Volatility (1Y) Calculated over the trailing 1-year period	16.13%	67.30%	-51.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.87%	62.58%	-37.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.00%	65.75%	-30.75%

Dividends

ET vs. RVMD - Dividend Comparison

ET's dividend yield for the trailing twelve months is around 7.06%, while RVMD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ET Energy Transfer LP	7.06%	7.97%	6.51%	8.95%	7.33%	7.41%	17.27%	9.51%	9.24%	6.66%	5.90%	7.42%
RVMD Revolution Medicines, 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%

Financials

Frequently Asked Questions

Can I hold both ET and RVMD in my portfolio?

ET and RVMD have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ET or RVMD?

RVMD has higher volatility (13.97%) compared to ET (4.85%). In terms of maximum drawdown, ET dropped -87.81% vs RVMD's -73.29%.

Which has better risk-adjusted returns?

RVMD currently has the higher Sharpe Ratio (4.41 vs 0.70), 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.