FE vs. FDX
FE (FirstEnergy Corp.) and FDX (FedEx Corporation) are both stocks. FE operates in Utilities - Diversified (Utilities), while FDX operates in Integrated Freight & Logistics (Industrials). Over the past 10 years, FE returned 8.15%/yr vs 14.29%/yr for FDX. At a 0.23 correlation, their price movements are largely independent.
Performance
FE vs. FDX - Performance Comparison
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Returns By Period
In the year-to-date period, FE achieves a 8.10% return, which is significantly lower than FDX's 70.58% return. Over the past 10 years, FE has underperformed FDX with an annualized return of 8.15%, while FDX has yielded a comparatively higher 14.29% annualized return.
FE
- 1D
- 1.48%
- 1M
- 2.46%
- YTD
- 8.10%
- 6M
- 8.42%
- 1Y
- 22.46%
- 3Y*
- 11.80%
- 5Y*
- 9.37%
- 10Y*
- 8.15%
FDX
- 1D
- -3.51%
- 1M
- 24.49%
- YTD
- 70.58%
- 6M
- 66.91%
- 1Y
- 117.44%
- 3Y*
- 30.78%
- 5Y*
- 12.24%
- 10Y*
- 14.29%
FE vs. FDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FE FirstEnergy Corp. | 8.10% | 17.26% | 13.24% | -8.86% | 4.79% | 41.81% | -34.18% | 34.13% | 27.85% | 3.61% |
FDX FedEx Corporation | 70.58% | 5.11% | 13.49% | 49.13% | -31.64% | 0.72% | 74.27% | -4.78% | -34.67% | 35.21% |
Correlation
The correlation between FE and FDX is 0.05, 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 | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.16 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Nov 10, 1997 | 0.23 |
The correlation between FE and FDX shifts across timeframes, from 0.05 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FE:
$27.52B
FDX:
$76.45B
FE:
$1.94
FDX:
$18.28
FE:
24.40
FDX:
17.35
FE:
1.05
FDX:
2.68
FE:
1.77
FDX:
0.81
FE:
2.17
FDX:
0.73
FE:
$15.53B
FDX:
$94.72B
FE:
$8.35B
FDX:
$24.99B
FE:
$4.02B
FDX:
$10.16B
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Return for Risk
FE vs. FDX — Risk / Return Rank
FE
FDX
FE vs. FDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FirstEnergy Corp. (FE) and FedEx Corporation (FDX). 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.
| FE | FDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.51 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.62 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | 1.53 | 10.12 | -8.59 |
| Martin ratioReturn relative to average drawdown | 4.49 | 26.98 | -22.49 |
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Drawdowns
FE vs. FDX - Drawdown Comparison
The maximum FE drawdown since its inception was -55.75%, smaller than the maximum FDX drawdown of -71.32%. Use the drawdown chart below to compare losses from any high point for FE and FDX.
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Drawdown Indicators
| FE | FDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.75% | -71.32% | +15.57% |
Max Drawdown (1Y)Largest decline over 1 year | -14.71% | -11.67% | -3.04% |
Max Drawdown (3Y)Largest decline over 3 years | -17.82% | -35.85% | +18.03% |
Max Drawdown (5Y)Largest decline over 5 years | -28.59% | -51.36% | +22.77% |
Max Drawdown (10Y)Largest decline over 10 years | -47.68% | -65.97% | +18.29% |
Current DrawdownCurrent decline from peak | -7.65% | -6.00% | -1.65% |
Average DrawdownAverage peak-to-trough decline | -21.22% | -20.29% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 4.37% | +0.65% |
Volatility
FE vs. FDX - Volatility Comparison
The current volatility for FirstEnergy Corp. (FE) is 5.84%, while FedEx Corporation (FDX) has a volatility of 25.71%. This indicates that FE experiences smaller price fluctuations and is considered to be less risky than FDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FE | FDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.84% | 25.71% | -19.87% |
Volatility (6M)Calculated over the trailing 6-month period | 11.99% | 32.34% | -20.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 39.36% | -24.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.46% | 34.91% | -15.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.68% | 33.96% | -9.28% |
Dividends
FE vs. FDX - Dividend Comparison
FE's dividend yield for the trailing twelve months is around 3.79%, less than FDX's 26.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDX FedEx Corporation | 26.77% | 1.98% | 1.92% | 1.95% | 2.42% | 1.12% | 1.00% | 1.72% | 1.52% | 0.76% | 0.78% | 0.64% |
FE FirstEnergy Corp. | 3.79% | 3.93% | 4.24% | 4.31% | 3.72% | 3.75% | 5.10% | 3.13% | 3.83% | 4.70% | 4.65% | 4.54% |
Financials
FE vs. FDX - Financials Comparison
This section allows you to compare key financial metrics between FirstEnergy Corp. and FedEx 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
FE vs. FDX - Profitability Comparison
FE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FirstEnergy Corp. reported a gross profit of 2.61B and revenue of 4.20B. Therefore, the gross margin over that period was 62.2%.
FDX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FedEx Corporation reported a gross profit of 7.86B and revenue of 25.01B. Therefore, the gross margin over that period was 31.4%.
FE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FirstEnergy Corp. reported an operating income of 828.00M and revenue of 4.20B, resulting in an operating margin of 19.7%.
FDX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FedEx Corporation reported an operating income of 1.44B and revenue of 25.01B, resulting in an operating margin of 5.8%.
FE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FirstEnergy Corp. reported a net income of 466.00M and revenue of 4.20B, resulting in a net margin of 11.1%.
FDX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FedEx Corporation reported a net income of 1.60B and revenue of 25.01B, resulting in a net margin of 6.4%.
Frequently Asked Questions
FE and FDX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDX has higher volatility (25.71%) compared to FE (5.84%). In terms of maximum drawdown, FE dropped -55.75% vs FDX's -71.32%.
FDX currently has the higher Sharpe Ratio (3.00 vs 1.48), 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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