FWONA vs. OKE
Compare and contrast key facts about Formula One Group (FWONA) and ONEOK, Inc. (OKE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWONA or OKE.
Correlation
The correlation between FWONA and OKE is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FWONA vs. OKE - Performance Comparison
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Key characteristics
FWONA:
27.76%
OKE:
30.88%
FWONA:
-1.54%
OKE:
-80.17%
FWONA:
0.00%
OKE:
-28.04%
Fundamentals
FWONA:
$23.76B
OKE:
$51.41B
FWONA:
-$0.13
OKE:
$5.12
FWONA:
4.19
OKE:
1.42
FWONA:
6.45
OKE:
2.06
FWONA:
2.86
OKE:
2.35
FWONA:
$3.51B
OKE:
$24.96B
FWONA:
$916.00M
OKE:
$7.14B
FWONA:
-$2.27B
OKE:
$6.83B
Returns By Period
FWONA
N/A
N/A
N/A
N/A
N/A
N/A
OKE
-16.11%
0.94%
-21.40%
7.56%
28.38%
13.27%
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Risk-Adjusted Performance
FWONA vs. OKE — Risk-Adjusted Performance Rank
FWONA
OKE
FWONA vs. OKE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Formula One Group (FWONA) and ONEOK, Inc. (OKE). 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.
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Dividends
FWONA vs. OKE - Dividend Comparison
FWONA has not paid dividends to shareholders, while OKE's dividend yield for the trailing twelve months is around 4.91%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FWONA Formula One Group | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OKE ONEOK, Inc. | 4.91% | 3.94% | 5.47% | 5.72% | 6.40% | 9.77% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% | 4.27% |
Drawdowns
FWONA vs. OKE - Drawdown Comparison
The maximum FWONA drawdown since its inception was -1.54%, smaller than the maximum OKE drawdown of -80.17%. Use the drawdown chart below to compare losses from any high point for FWONA and OKE. For additional features, visit the drawdowns tool.
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Volatility
FWONA vs. OKE - Volatility Comparison
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Financials
FWONA vs. OKE - Financials Comparison
This section allows you to compare key financial metrics between Formula One Group and ONEOK, 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
FWONA vs. OKE - Profitability Comparison
FWONA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Formula One Group reported a gross profit of 122.00M and revenue of 447.00M. Therefore, the gross margin over that period was 27.3%.
OKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a gross profit of 2.01B and revenue of 8.04B. Therefore, the gross margin over that period was 25.0%.
FWONA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Formula One Group reported an operating income of -60.00M and revenue of 447.00M, resulting in an operating margin of -13.4%.
OKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported an operating income of 1.22B and revenue of 8.04B, resulting in an operating margin of 15.2%.
FWONA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Formula One Group reported a net income of 5.00M and revenue of 447.00M, resulting in a net margin of 1.1%.
OKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, ONEOK, Inc. reported a net income of 636.00M and revenue of 8.04B, resulting in a net margin of 7.9%.