FET vs. ECG
FET (Forum Energy Technologies, Inc.) and ECG (Everus Construction Group Inc) are both stocks. FET operates in Oil & Gas Equipment & Services (Energy), while ECG operates in Engineering & Construction (Industrials). Over the past year, FET returned 161.62% vs 178.32% for ECG. At a 0.26 correlation, their price movements are largely independent.
Performance
FET vs. ECG - Performance Comparison
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Returns By Period
In the year-to-date period, FET achieves a 38.92% return, which is significantly lower than ECG's 92.51% return.
FET
- 1D
- -0.37%
- 1M
- -10.11%
- YTD
- 38.92%
- 6M
- 41.09%
- 1Y
- 161.62%
- 3Y*
- 31.47%
- 5Y*
- 16.33%
- 10Y*
- -17.14%
ECG
- 1D
- 4.44%
- 1M
- 10.80%
- YTD
- 92.51%
- 6M
- 82.99%
- 1Y
- 178.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FET vs. ECG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FET Forum Energy Technologies, Inc. | 38.92% | 138.54% | 7.57% |
ECG Everus Construction Group Inc | 92.51% | 30.13% | 64.17% |
Correlation
The correlation between FET and ECG is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2024 | 0.26 |
Fundamentals
FET:
$597.53M
ECG:
$8.43B
FET:
-$0.52
ECG:
$4.37
FET:
0.77
ECG:
2.13
FET:
2.13
ECG:
12.27
FET:
$806.90M
ECG:
$3.96B
FET:
$221.67M
ECG:
$492.32M
FET:
$70.89M
ECG:
$334.68M
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Return for Risk
FET vs. ECG — Risk / Return Rank
FET
ECG
FET vs. ECG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Forum Energy Technologies, Inc. (FET) and Everus Construction Group Inc (ECG). 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.
| FET | ECG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 7.33 | 8.86 | -1.53 |
| Martin ratioReturn relative to average drawdown | 20.83 | 22.70 | -1.87 |
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Drawdowns
FET vs. ECG - Drawdown Comparison
The maximum FET drawdown since its inception was -99.56%, which is greater than ECG's maximum drawdown of -56.23%. Use the drawdown chart below to compare losses from any high point for FET and ECG.
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Drawdown Indicators
| FET | ECG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.56% | -56.23% | -43.33% |
Max Drawdown (1Y)Largest decline over 1 year | -22.19% | -20.26% | -1.93% |
Max Drawdown (3Y)Largest decline over 3 years | -50.62% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -59.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -99.34% | — | — |
Current DrawdownCurrent decline from peak | -93.01% | -2.63% | -90.38% |
Average DrawdownAverage peak-to-trough decline | -68.86% | -13.88% | -54.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.79% | 7.89% | -0.10% |
Volatility
FET vs. ECG - Volatility Comparison
The current volatility for Forum Energy Technologies, Inc. (FET) is 13.26%, while Everus Construction Group Inc (ECG) has a volatility of 14.35%. This indicates that FET experiences smaller price fluctuations and is considered to be less risky than ECG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FET | ECG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.26% | 14.35% | -1.09% |
Volatility (6M)Calculated over the trailing 6-month period | 32.09% | 43.86% | -11.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.14% | 57.73% | -4.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.71% | 65.03% | -15.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 82.46% | 65.03% | +17.43% |
Dividends
FET vs. ECG - Dividend Comparison
Neither FET nor ECG has paid dividends to shareholders.
Financials
FET vs. ECG - Financials Comparison
This section allows you to compare key financial metrics between Forum Energy Technologies, Inc. and Everus Construction Group Inc. 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
FET vs. ECG - Profitability Comparison
FET - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Forum Energy Technologies, Inc. reported a gross profit of 60.99M and revenue of 208.70M. Therefore, the gross margin over that period was 29.2%.
ECG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Everus Construction Group Inc reported a gross profit of 130.73M and revenue of 1.04B. Therefore, the gross margin over that period was 12.6%.
FET - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Forum Energy Technologies, Inc. reported an operating income of 11.01M and revenue of 208.70M, resulting in an operating margin of 5.3%.
ECG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Everus Construction Group Inc reported an operating income of 77.68M and revenue of 1.04B, resulting in an operating margin of 7.5%.
FET - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Forum Energy Technologies, Inc. reported a net income of 4.49M and revenue of 208.70M, resulting in a net margin of 2.2%.
ECG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Everus Construction Group Inc reported a net income of 58.32M and revenue of 1.04B, resulting in a net margin of 5.6%.
Frequently Asked Questions
FET and ECG have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECG has higher volatility (14.35%) compared to FET (13.26%). In terms of maximum drawdown, FET dropped -99.56% vs ECG's -56.23%.
ECG currently has the higher Sharpe Ratio (3.11 vs 3.07), 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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