FSG.L vs. TPL
FSG.L (Foresight Group Holdings Limited) and TPL (Texas Pacific Land Corporation) are both stocks. FSG.L operates in Asset Management (Financial Services), while TPL operates in Oil & Gas E&P (Energy). Over the past 5 years, FSG.L returned 4.12%/yr vs 21.35%/yr for TPL. At a 0.01 correlation, their price movements are largely independent.
Performance
FSG.L vs. TPL - Performance Comparison
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Different Trading Currencies
FSG.L is traded in GBp, while TPL is traded in USD. To make them comparable, the TPL values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, FSG.L achieves a 1.63% return, which is significantly lower than TPL's 39.64% return.
FSG.L
- 1D
- 0.47%
- 1M
- 4.38%
- YTD
- 1.63%
- 6M
- 6.46%
- 1Y
- 12.62%
- 3Y*
- 3.26%
- 5Y*
- 4.12%
- 10Y*
- —
TPL
- 1D
- 1.60%
- 1M
- 2.82%
- YTD
- 39.64%
- 6M
- 31.57%
- 1Y
- 8.89%
- 3Y*
- 35.58%
- 5Y*
- 21.35%
- 10Y*
- 38.16%
FSG.L vs. TPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSG.L Foresight Group Holdings Limited | 1.63% | 10.74% | -0.12% | 3.49% | 2.33% | 0.44% |
TPL Texas Pacific Land Corporation | 39.64% | -27.20% | 119.08% | -35.78% | 114.04% | 40.19% |
Correlation
The correlation between FSG.L and TPL 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 | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2021 | 0.01 |
Fundamentals
FSG.L:
£499.73M
TPL:
$27.34B
FSG.L:
£0.60
TPL:
$7.30
FSG.L:
7.18
TPL:
54.30
FSG.L:
0.31
TPL:
2.87
FSG.L:
1.62
TPL:
32.59
FSG.L:
5.68
TPL:
17.57
FSG.L:
£309.00M
TPL:
$839.03M
FSG.L:
£284.24M
TPL:
$625.27M
FSG.L:
£99.10M
TPL:
$690.06M
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Return for Risk
FSG.L vs. TPL — Risk / Return Rank
FSG.L
TPL
FSG.L vs. TPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Foresight Group Holdings Limited (FSG.L) and Texas Pacific Land Corporation (TPL). 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.
| FSG.L | TPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.44 | 0.28 | +0.16 |
| Martin ratioReturn relative to average drawdown | 1.06 | 0.55 | +0.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSG.L | TPL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.19 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.47 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.07 | 0.63 | -0.56 |
Drawdowns
FSG.L vs. TPL - Drawdown Comparison
The maximum FSG.L drawdown since its inception was -40.89%, smaller than the maximum TPL drawdown of -61.16%. Use the drawdown chart below to compare losses from any high point for FSG.L and TPL.
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Drawdown Indicators
| FSG.L | TPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.89% | -61.16% | +20.27% |
Max Drawdown (1Y)Largest decline over 1 year | -28.42% | -31.88% | +3.46% |
Max Drawdown (3Y)Largest decline over 3 years | -40.89% | -55.39% | +14.50% |
Max Drawdown (5Y)Largest decline over 5 years | -40.89% | -57.00% | +16.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.16% | — |
Current DrawdownCurrent decline from peak | -12.73% | -34.85% | +22.12% |
Average DrawdownAverage peak-to-trough decline | -12.85% | -21.97% | +9.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.90% | 16.13% | -4.23% |
Volatility
FSG.L vs. TPL - Volatility Comparison
The current volatility for Foresight Group Holdings Limited (FSG.L) is 6.92%, while Texas Pacific Land Corporation (TPL) has a volatility of 14.28%. This indicates that FSG.L experiences smaller price fluctuations and is considered to be less risky than TPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSG.L | TPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.92% | 14.28% | -7.36% |
Volatility (6M)Calculated over the trailing 6-month period | 17.91% | 38.30% | -20.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.01% | 46.91% | -19.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.52% | 45.83% | -8.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.40% | 46.91% | -9.51% |
Dividends
FSG.L vs. TPL - Dividend Comparison
FSG.L's dividend yield for the trailing twelve months is around 5.80%, more than TPL's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSG.L Foresight Group Holdings Limited | 5.80% | 5.63% | 5.40% | 4.66% | 3.17% | 0.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TPL Texas Pacific Land Corporation | 0.57% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 2.20% | 0.22% | 0.55% | 0.30% | 0.10% | 0.22% |
Financials
FSG.L vs. TPL - Financials Comparison
This section allows you to compare key financial metrics between Foresight Group Holdings Limited and Texas Pacific Land 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
FSG.L vs. TPL - Profitability Comparison
FSG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Foresight Group Holdings Limited reported a gross profit of 68.31M and revenue of 81.53M. Therefore, the gross margin over that period was 83.8%.
TPL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a gross profit of 0.00 and revenue of 236.82M. Therefore, the gross margin over that period was 0.0%.
FSG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Foresight Group Holdings Limited reported an operating income of 22.48M and revenue of 81.53M, resulting in an operating margin of 27.6%.
TPL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported an operating income of 182.33M and revenue of 236.82M, resulting in an operating margin of 77.0%.
FSG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Foresight Group Holdings Limited reported a net income of 18.39M and revenue of 81.53M, resulting in a net margin of 22.6%.
TPL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Texas Pacific Land Corporation reported a net income of 142.90M and revenue of 236.82M, resulting in a net margin of 60.3%.
Frequently Asked Questions
FSG.L and TPL 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.
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