FRBA vs. NFG
FRBA (First Bank) and NFG (National Fuel Gas Company) are both stocks. FRBA operates in Banks - Regional (Financial Services), while NFG operates in Oil & Gas Integrated (Energy). Over the past 10 years, FRBA returned 10.59%/yr vs 6.63%/yr for NFG. At a 0.14 correlation, their price movements are largely independent.
Performance
FRBA vs. NFG - Performance Comparison
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Returns By Period
In the year-to-date period, FRBA achieves a 0.69% return, which is significantly higher than NFG's -4.38% return. Over the past 10 years, FRBA has outperformed NFG with an annualized return of 10.59%, while NFG has yielded a comparatively lower 6.63% annualized return.
FRBA
- 1D
- -1.68%
- 1M
- 5.81%
- YTD
- 0.69%
- 6M
- -3.25%
- 1Y
- 14.49%
- 3Y*
- 18.31%
- 5Y*
- 5.20%
- 10Y*
- 10.59%
NFG
- 1D
- 0.30%
- 1M
- -5.93%
- YTD
- -4.38%
- 6M
- -6.20%
- 1Y
- -8.98%
- 3Y*
- 19.09%
- 5Y*
- 11.28%
- 10Y*
- 6.63%
FRBA vs. NFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRBA First Bank | 0.69% | 18.84% | -2.59% | 9.07% | -3.61% | 56.47% | -13.84% | -7.82% | -11.70% | 20.15% |
NFG National Fuel Gas Company | -4.38% | 35.31% | 25.38% | -17.71% | 1.87% | 60.66% | -7.58% | -5.94% | -3.74% | -0.20% |
Correlation
The correlation between FRBA and NFG is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2007 | 0.14 |
The correlation between FRBA and NFG shifts across timeframes, from 0.07 (1 year) to 0.31 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FRBA:
$413.02M
NFG:
$7.14B
FRBA:
$1.67
NFG:
$7.46
FRBA:
9.82
NFG:
10.20
FRBA:
1.13
NFG:
0.08
FRBA:
1.66
NFG:
7.09
FRBA:
0.92
NFG:
1.87
FRBA:
$248.24M
NFG:
$988.24M
FRBA:
$135.57M
NFG:
$576.67M
FRBA:
$57.11M
NFG:
$1.41B
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Return for Risk
FRBA vs. NFG — Risk / Return Rank
FRBA
NFG
FRBA vs. NFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Bank (FRBA) and National Fuel Gas Company (NFG). 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.
| FRBA | NFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.94 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.77 | -0.43 | +1.20 |
| Martin ratioReturn relative to average drawdown | 1.71 | -0.89 | +2.60 |
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Drawdowns
FRBA vs. NFG - Drawdown Comparison
The maximum FRBA drawdown since its inception was -79.09%, which is greater than NFG's maximum drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for FRBA and NFG.
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Drawdown Indicators
| FRBA | NFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.09% | -55.49% | -23.60% |
Max Drawdown (1Y)Largest decline over 1 year | -18.84% | -20.93% | +2.09% |
Max Drawdown (3Y)Largest decline over 3 years | -22.04% | -20.93% | -1.11% |
Max Drawdown (5Y)Largest decline over 5 years | -47.95% | -35.74% | -12.21% |
Max Drawdown (10Y)Largest decline over 10 years | -58.58% | -44.28% | -14.30% |
Current DrawdownCurrent decline from peak | -8.23% | -20.69% | +12.46% |
Average DrawdownAverage peak-to-trough decline | -33.99% | -14.34% | -19.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.49% | 10.09% | -1.60% |
Volatility
FRBA vs. NFG - Volatility Comparison
First Bank (FRBA) has a higher volatility of 6.96% compared to National Fuel Gas Company (NFG) at 3.80%. This indicates that FRBA's price experiences larger fluctuations and is considered to be riskier than NFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRBA | NFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 3.80% | +3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 18.36% | 14.10% | +4.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.24% | 19.68% | +5.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.59% | 22.17% | +6.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.32% | 24.04% | +12.28% |
Dividends
FRBA vs. NFG - Dividend Comparison
FRBA's dividend yield for the trailing twelve months is around 1.83%, less than NFG's 2.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRBA First Bank | 1.83% | 1.46% | 1.71% | 1.63% | 1.74% | 1.03% | 1.28% | 1.09% | 0.99% | 0.58% | 0.00% | 0.00% |
NFG National Fuel Gas Company | 2.81% | 2.65% | 3.36% | 3.91% | 2.97% | 2.83% | 4.30% | 3.72% | 3.30% | 3.00% | 2.84% | 3.67% |
Financials
FRBA vs. NFG - Financials Comparison
This section allows you to compare key financial metrics between First Bank and National Fuel Gas Company. 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
FRBA vs. NFG - Profitability Comparison
FRBA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, First Bank reported a gross profit of 30.84M and revenue of 58.24M. Therefore, the gross margin over that period was 53.0%.
NFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a gross profit of -300.89M and revenue of -651.51M. Therefore, the gross margin over that period was 46.2%.
FRBA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, First Bank reported an operating income of 9.90M and revenue of 58.24M, resulting in an operating margin of 17.0%.
NFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported an operating income of 347.14M and revenue of -651.51M, resulting in an operating margin of -53.3%.
FRBA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, First Bank reported a net income of 7.65M and revenue of 58.24M, resulting in a net margin of 13.1%.
NFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a net income of 247.67M and revenue of -651.51M, resulting in a net margin of -38.0%.
Frequently Asked Questions
FRBA and NFG have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRBA has higher volatility (6.96%) compared to NFG (3.80%). In terms of maximum drawdown, FRBA dropped -79.09% vs NFG's -55.49%.
FRBA currently has the higher Sharpe Ratio (0.58 vs -0.46), 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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