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ETRN vs. ET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ETRN and ET is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

ETRN vs. ET - Performance Comparison

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

0.00%20.00%40.00%60.00%80.00%100.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
2.35%
113.28%
ETRN
ET

Key characteristics

Fundamentals

Market Cap

ETRN:

$5.43B

ET:

$63.82B

EPS

ETRN:

$0.90

ET:

$1.36

PE Ratio

ETRN:

13.80

ET:

13.71

PEG Ratio

ETRN:

0.60

ET:

0.66

Total Revenue (TTM)

ETRN:

$1.09B

ET:

$83.66B

Gross Profit (TTM)

ETRN:

$777.17M

ET:

$12.71B

EBITDA (TTM)

ETRN:

$618.99M

ET:

$14.83B

Returns By Period


ETRN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

ET

YTD

48.15%

1M

3.17%

6M

24.70%

1Y

48.25%

5Y*

17.97%

10Y*

4.12%

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Risk-Adjusted Performance

ETRN vs. ET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Equitrans Midstream Corporation (ETRN) 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.


Sharpe ratio
The chart of Sharpe ratio for ETRN, currently valued at 1.43, compared to the broader market-4.00-2.000.002.001.432.87
The chart of Sortino ratio for ETRN, currently valued at 2.27, compared to the broader market-4.00-2.000.002.004.002.274.02
The chart of Omega ratio for ETRN, currently valued at 1.34, compared to the broader market0.501.001.502.001.341.51
The chart of Calmar ratio for ETRN, currently valued at 0.85, compared to the broader market0.002.004.006.000.855.86
The chart of Martin ratio for ETRN, currently valued at 2.81, compared to the broader market-5.000.005.0010.0015.0020.0025.002.8122.37
ETRN
ET


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.43
2.87
ETRN
ET

Dividends

ETRN vs. ET - Dividend Comparison

ETRN has not paid dividends to shareholders, while ET's dividend yield for the trailing twelve months is around 6.77%.


TTM20232022202120202019201820172016201520142013
ETRN
Equitrans Midstream Corporation
2.42%5.89%8.96%5.80%11.19%13.17%0.00%0.00%0.00%0.00%0.00%0.00%
ET
Energy Transfer LP
6.77%8.96%7.33%7.44%17.28%9.51%9.24%6.66%5.90%7.42%2.61%3.19%

Drawdowns

ETRN vs. ET - Drawdown Comparison


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-13.45%
-5.04%
ETRN
ET

Volatility

ETRN vs. ET - Volatility Comparison

The current volatility for Equitrans Midstream Corporation (ETRN) is 0.00%, while Energy Transfer LP (ET) has a volatility of 8.02%. This indicates that ETRN experiences smaller price fluctuations and is considered to be less risky than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember0
8.02%
ETRN
ET

Financials

ETRN vs. ET - Financials Comparison

This section allows you to compare key financial metrics between Equitrans Midstream Corporation 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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