EXE vs. ERO
EXE (Expand Energy Corp) and ERO (Ero Copper Corp) are both stocks. EXE operates in Oil & Gas E&P (Energy), while ERO operates in Copper (Basic Materials). Over the past 5 years, EXE returned 14.81%/yr vs 4.57%/yr for ERO. At a 0.24 correlation, their price movements are largely independent.
Performance
EXE vs. ERO - Performance Comparison
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Returns By Period
In the year-to-date period, EXE achieves a -18.63% return, which is significantly lower than ERO's 3.89% return.
EXE
- 1D
- 1.95%
- 1M
- -6.62%
- YTD
- -18.63%
- 6M
- -20.38%
- 1Y
- -20.29%
- 3Y*
- 6.27%
- 5Y*
- 14.81%
- 10Y*
- —
ERO
- 1D
- 6.10%
- 1M
- -5.13%
- YTD
- 3.89%
- 6M
- 16.30%
- 1Y
- 87.56%
- 3Y*
- 14.46%
- 5Y*
- 4.57%
- 10Y*
- —
EXE vs. ERO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
EXE Expand Energy Corp | -18.63% | 14.35% | 33.18% | -14.77% | 62.34% | 53.16% |
ERO Ero Copper Corp | 3.89% | 109.87% | -14.63% | 14.84% | -10.07% | -5.03% |
Correlation
The correlation between EXE and ERO 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 | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2021 | 0.24 |
Over the past year, the correlation between EXE and ERO has dropped to 0.02 - well below their long-term average of 0.24, suggesting their price drivers have been diverging.
Fundamentals
EXE:
$21.37M
ERO:
$3.09B
EXE:
$17.89
ERO:
$2.80
EXE:
4.96
ERO:
10.51
EXE:
1.14
ERO:
3.32
EXE:
0.00
ERO:
2.80
EXE:
$14.10B
ERO:
$925.20M
EXE:
$8.89B
ERO:
$394.67M
EXE:
$7.00B
ERO:
$528.87M
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Return for Risk
EXE vs. ERO — Risk / Return Rank
EXE
ERO
EXE vs. ERO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Expand Energy Corp (EXE) and Ero Copper Corp (ERO). 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.
| EXE | ERO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.75 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.26 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 2.32 | -3.04 |
| Martin ratioReturn relative to average drawdown | -1.31 | 4.95 | -6.26 |
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Drawdowns
EXE vs. ERO - Drawdown Comparison
The maximum EXE drawdown since its inception was -29.69%, smaller than the maximum ERO drawdown of -67.17%. Use the drawdown chart below to compare losses from any high point for EXE and ERO.
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Drawdown Indicators
| EXE | ERO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.69% | -67.17% | +37.48% |
Max Drawdown (1Y)Largest decline over 1 year | -28.32% | -37.97% | +9.65% |
Max Drawdown (3Y)Largest decline over 3 years | -28.32% | -59.84% | +31.52% |
Max Drawdown (5Y)Largest decline over 5 years | -29.69% | -63.89% | +34.20% |
Current DrawdownCurrent decline from peak | -26.92% | -22.72% | -4.20% |
Average DrawdownAverage peak-to-trough decline | -10.98% | -27.04% | +16.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.50% | 17.75% | -2.25% |
Volatility
EXE vs. ERO - Volatility Comparison
The current volatility for Expand Energy Corp (EXE) is 7.74%, while Ero Copper Corp (ERO) has a volatility of 26.23%. This indicates that EXE experiences smaller price fluctuations and is considered to be less risky than ERO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EXE | ERO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.74% | 26.23% | -18.49% |
Volatility (6M)Calculated over the trailing 6-month period | 22.57% | 47.36% | -24.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.76% | 58.06% | -26.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.13% | 55.03% | -19.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.78% | 59.38% | -24.60% |
Dividends
EXE vs. ERO - Dividend Comparison
EXE's dividend yield for the trailing twelve months is around 3.59%, while ERO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
ERO Ero Copper Corp | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EXE Expand Energy Corp | 3.59% | 2.89% | 2.45% | 4.70% | 10.16% | 1.74% |
Financials
EXE vs. ERO - Financials Comparison
This section allows you to compare key financial metrics between Expand Energy Corp and Ero Copper Corp. 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
EXE vs. ERO - Profitability Comparison
EXE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Expand Energy Corp reported a gross profit of 3.71B and revenue of 4.40B. Therefore, the gross margin over that period was 84.3%.
ERO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported a gross profit of 103.33M and revenue of 259.52M. Therefore, the gross margin over that period was 39.8%.
EXE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Expand Energy Corp reported an operating income of 1.53B and revenue of 4.40B, resulting in an operating margin of 34.8%.
ERO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported an operating income of 90.17M and revenue of 259.52M, resulting in an operating margin of 34.7%.
EXE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Expand Energy Corp reported a net income of 1.16B and revenue of 4.40B, resulting in a net margin of 26.4%.
ERO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ero Copper Corp reported a net income of 107.26M and revenue of 259.52M, resulting in a net margin of 41.3%.
Frequently Asked Questions
EXE and ERO 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.
ERO has higher volatility (26.23%) compared to EXE (7.74%). In terms of maximum drawdown, EXE dropped -29.69% vs ERO's -67.17%.
ERO currently has the higher Sharpe Ratio (1.52 vs -0.64), 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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