FG vs. SMID
FG (F&G Annuities & Life Inc. ) and SMID (Smith-Midland Corporation) are both stocks. FG operates in Insurance - Life (Financial Services), while SMID operates in Building Materials (Basic Materials). Over the past 3 years, FG returned 4.54%/yr vs 4.20%/yr for SMID. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
FG vs. SMID - Performance Comparison
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Returns By Period
In the year-to-date period, FG achieves a -3.89% return, which is significantly higher than SMID's -24.19% return.
FG
- 1D
- 1.72%
- 1M
- 4.01%
- 6M
- -0.44%
- YTD
- -3.89%
- 1Y
- -4.21%
- 3Y*
- 4.54%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.80%
SMID
- 1D
- 1.53%
- 1M
- -7.24%
- 6M
- -24.25%
- YTD
- -24.19%
- 1Y
- -22.20%
- 3Y*
- 4.20%
- 5Y*
- 9.49%
- 10Y*
- 26.67%
- ALL TIME*
- 22.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $20.87M | $19.85M | $23.57M | |
| $490.76K | $444.27K | $423.75K |
FG vs. SMID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
FG F&G Annuities & Life Inc. | -3.89% | -23.60% | -7.98% | 137.11% | -9.05% |
SMID Smith-Midland Corporation | -24.19% | -18.26% | 12.56% | 92.68% | -10.09% |
Correlation
The correlation between FG and SMID is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2022 | 0.23 |
Fundamentals
FG:
$3.85B
SMID:
$146.20M
FG:
$3.81
SMID:
$4.71
FG:
7.62
SMID:
5.84
FG:
0.14
SMID:
0.03
FG:
0.69
SMID:
0.78
FG:
$5.86B
SMID:
$93.45M
FG:
$1.23B
SMID:
$26.04M
FG:
$1.52B
SMID:
$19.01M
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Return for Risk
FG vs. SMID — Risk / Return Rank
FG
SMID
FG vs. SMID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for F&G Annuities & Life Inc. (FG) and Smith-Midland Corporation (SMID). 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.
| FG | SMID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 0.97 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | -0.57 | +0.46 |
| Martin ratioReturn relative to average drawdown | -0.23 | -1.00 | +0.78 |
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Drawdowns
FG vs. SMID - Drawdown Comparison
The maximum FG drawdown since its inception was -56.24%, smaller than the maximum SMID drawdown of -72.37%. Use the drawdown chart below to compare losses from any high point for FG and SMID.
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Drawdown Indicators
| FG | SMID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.24% | -72.37% | +16.13% |
Max Drawdown (1Y)Largest decline over 1 year | -40.92% | -39.29% | -1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -56.24% | -48.85% | -7.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -72.37% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.37% | — |
Current DrawdownCurrent decline from peak | -37.29% | -44.93% | +7.64% |
Average DrawdownAverage peak-to-trough decline | -20.32% | -27.70% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.45% | 22.13% | -3.68% |
Volatility
FG vs. SMID - Volatility Comparison
F&G Annuities & Life Inc. (FG) has a higher volatility of 11.04% compared to Smith-Midland Corporation (SMID) at 10.24%. This indicates that FG's price experiences larger fluctuations and is considered to be riskier than SMID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FG | SMID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.04% | 10.24% | +0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 31.58% | 42.47% | -10.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.58% | 54.72% | -17.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.75% | 63.96% | -20.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.75% | 54.52% | -10.77% |
Dividends
FG vs. SMID - Dividend Comparison
FG's dividend yield for the trailing twelve months is around 3.34%, while SMID has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FG F&G Annuities & Life Inc. | 3.34% | 2.95% | 2.05% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMID Smith-Midland Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 0.74% | 0.73% | 0.19% |
Financials
FG vs. SMID - Financials Comparison
This section allows you to compare key financial metrics between F&G Annuities & Life Inc. and Smith-Midland 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
FG vs. SMID - Profitability Comparison
FG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, F&G Annuities & Life Inc. reported a gross profit of 0.00 and revenue of 1.19B. Therefore, the gross margin over that period was 0.0%.
SMID - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.
FG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, F&G Annuities & Life Inc. reported an operating income of 0.00 and revenue of 1.19B, resulting in an operating margin of 0.0%.
SMID - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.
FG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, F&G Annuities & Life Inc. reported a net income of 244.00M and revenue of 1.19B, resulting in a net margin of 20.6%.
SMID - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.
Frequently Asked Questions
FG and SMID have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FG has higher volatility (11.04%) compared to SMID (10.24%). In terms of maximum drawdown, FG dropped -56.24% vs SMID's -72.37%.
FG currently has the higher Sharpe Ratio (-0.11 vs -0.41), 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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