FIP vs. SN

Last updated Jun 4, 2026

FIP (FTAI Infrastructure Inc.) and SN (SharkNinja Inc.) are both stocks. FIP operates in Conglomerates (Industrials), while SN operates in Furnishings, Fixtures & Appliances (Consumer Cyclical). Over the past year, FIP returned -28.37% vs 31.35% for SN. At a 0.24 correlation, their price movements are largely independent.

Performance

FIP vs. SN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FTAI Infrastructure Inc. (FIP) and SharkNinja Inc. (SN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIP achieves a -7.33% return, which is significantly lower than SN's 8.36% return.

FIP

• 1D: -5.80%
• 1M: -19.86%
• YTD: -7.33%
• 6M: -12.28%
• 1Y: -28.37%
• 3Y*: 7.91%
• 5Y*: —
• 10Y*: —

SN

• 1D: -0.83%
• 1M: 5.63%
• YTD: 8.36%
• 6M: 12.86%
• 1Y: 31.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIP vs. SN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FIP FTAI Infrastructure Inc.	-7.33%	-34.92%	89.46%	11.51%
SN SharkNinja Inc.	8.36%	14.93%	90.27%	23.82%

Correlation

The correlation between FIP and SN is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Aug 1, 2023	0.24

Fundamentals

Market Cap FIP : $492.43M SN : $17.26B
EPS FIP : -$3.39 SN : $4.96
PS Ratio FIP : 0.82 SN : 3.33
PB Ratio FIP : 0.74 SN : 6.25
Total Revenue (TTM) FIP : $594.72M SN : $5.18B
Gross Profit (TTM) FIP : $54.17M SN : $3.22B
EBITDA (TTM) FIP : -$86.54M SN : $1.06B

Return for Risk

FIP vs. SN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIP

FIP Risk / Return Rank: 22
FIP Sharpe Ratio Rank: 23
FIP Sortino Ratio Rank: 26
FIP Omega Ratio Rank: 26
FIP Calmar Ratio Rank: 17
FIP Martin Ratio Rank: 18

SN

SN Risk / Return Rank: 62
SN Sharpe Ratio Rank: 65
SN Sortino Ratio Rank: 61
SN Omega Ratio Rank: 58
SN Calmar Ratio Rank: 62
SN Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIP vs. SN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FTAI Infrastructure Inc. (FIP) and SharkNinja Inc. (SN). 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.

	FIP	SN	Difference
Sharpe ratio: Return per unit of total volatility	-0.41	0.76	-1.18
Sortino ratio: Return per unit of downside risk	-0.19	1.33	-1.53
Omega ratio: Gain probability vs. loss probability	0.98	1.16	-0.18
Calmar ratio: Return relative to maximum drawdown	-0.65	1.04	-1.69
Martin ratio: Return relative to average drawdown	-1.07	2.31	-3.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIP vs. SN - Sharpe Ratio Comparison

The current FIP Sharpe Ratio is -0.41, which is lower than the SN Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of FIP and SN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIP	SN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.41	0.76	-1.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	0.95	-0.69

Drawdowns

FIP vs. SN - Drawdown Comparison

The maximum FIP drawdown since its inception was -67.98%, which is greater than SN's maximum drawdown of -42.64%. Use the drawdown chart below to compare losses from any high point for FIP and SN.

Drawdown Indicators

	FIP	SN	Difference
Max Drawdown Largest peak-to-trough decline	-67.98%	-42.64%	-25.34%
Max Drawdown (1Y) Largest decline over 1 year	-43.97%	-30.23%	-13.74%
Max Drawdown (3Y) Largest decline over 3 years	-67.98%	—	—
Current Drawdown Current decline from peak	-57.25%	-7.75%	-49.50%
Average Drawdown Average peak-to-trough decline	-23.33%	-9.38%	-13.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.54%	13.62%	+12.92%

Volatility

FIP vs. SN - Volatility Comparison

FTAI Infrastructure Inc. (FIP) has a higher volatility of 18.01% compared to SharkNinja Inc. (SN) at 12.80%. This indicates that FIP's price experiences larger fluctuations and is considered to be riskier than SN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIP	SN	Difference
Volatility (1M) Calculated over the trailing 1-month period	18.01%	12.80%	+5.21%
Volatility (6M) Calculated over the trailing 6-month period	48.41%	30.07%	+18.34%
Volatility (1Y) Calculated over the trailing 1-year period	69.09%	41.24%	+27.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.20%	48.79%	+10.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.20%	48.79%	+10.41%

Dividends

FIP vs. SN - Dividend Comparison

FIP's dividend yield for the trailing twelve months is around 2.84%, while SN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
FIP FTAI Infrastructure Inc.	2.84%	2.60%	1.65%	3.08%	1.02%
SN SharkNinja Inc.	0.00%	0.00%	0.00%	2.11%	0.00%

Financials

Frequently Asked Questions

Can I hold both FIP and SN in my portfolio?

FIP and SN 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.

Which is riskier, FIP or SN?

FIP has higher volatility (18.01%) compared to SN (12.80%). In terms of maximum drawdown, FIP dropped -67.98% vs SN's -42.64%.

Which has better risk-adjusted returns?

SN currently has the higher Sharpe Ratio (0.76 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.