GSAT vs. EQIX
GSAT (Globalstar, Inc.) and EQIX (Equinix, Inc.) are both stocks. GSAT operates in Telecom Services (Communication Services), while EQIX operates in REIT - Specialty (Real Estate). Over the past 10 years, GSAT returned 19.15%/yr vs 13.61%/yr for EQIX. At a 0.17 correlation, their price movements are largely independent.
Performance
GSAT vs. EQIX - Performance Comparison
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Returns By Period
In the year-to-date period, GSAT achieves a 33.68% return, which is significantly lower than EQIX's 42.04% return. Over the past 10 years, GSAT has outperformed EQIX with an annualized return of 19.15%, while EQIX has yielded a comparatively lower 13.61% annualized return.
GSAT
- 1D
- -1.26%
- 1M
- 0.17%
- YTD
- 33.68%
- 6M
- 25.23%
- 1Y
- 330.61%
- 3Y*
- 66.43%
- 5Y*
- 35.98%
- 10Y*
- 19.15%
EQIX
- 1D
- 0.49%
- 1M
- -0.08%
- YTD
- 42.04%
- 6M
- 48.52%
- 1Y
- 23.09%
- 3Y*
- 14.84%
- 5Y*
- 8.63%
- 10Y*
- 13.61%
GSAT vs. EQIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GSAT Globalstar, Inc. | 33.68% | 96.59% | 6.70% | 45.86% | 14.66% | 242.59% | -34.88% | -18.71% | -51.17% | -17.09% |
EQIX Equinix, Inc. | 42.04% | -16.88% | 19.45% | 25.41% | -21.13% | 20.28% | 24.22% | 68.86% | -20.41% | 29.20% |
Correlation
The correlation between GSAT and EQIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 3, 2006 | 0.17 |
Fundamentals
GSAT:
$10.48B
EQIX:
$106.33B
GSAT:
-$0.11
EQIX:
$14.46
GSAT:
36.78
EQIX:
11.20
GSAT:
30.57
EQIX:
7.44
GSAT:
$283.02M
EQIX:
$9.46B
GSAT:
$95.43M
EQIX:
$4.85B
GSAT:
$69.56M
EQIX:
$3.76B
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Return for Risk
GSAT vs. EQIX — Risk / Return Rank
GSAT
EQIX
GSAT vs. EQIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globalstar, Inc. (GSAT) and Equinix, Inc. (EQIX). 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.
| GSAT | EQIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.83 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.20 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 12.55 | 1.18 | +11.37 |
| Martin ratioReturn relative to average drawdown | 30.77 | 2.10 | +28.67 |
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
| GSAT | EQIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.75 | 0.89 | +3.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.31 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.50 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.06 | 0.08 | -0.14 |
Drawdowns
GSAT vs. EQIX - Drawdown Comparison
The maximum GSAT drawdown since its inception was -99.14%, roughly equal to the maximum EQIX drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for GSAT and EQIX.
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Drawdown Indicators
| GSAT | EQIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.14% | -99.44% | +0.30% |
Max Drawdown (1Y)Largest decline over 1 year | -26.53% | -19.63% | -6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -50.72% | -24.59% | -26.13% |
Max Drawdown (5Y)Largest decline over 5 years | -67.54% | -41.77% | -25.77% |
Max Drawdown (10Y)Largest decline over 10 years | -89.34% | -41.77% | -47.57% |
Current DrawdownCurrent decline from peak | -68.95% | -2.96% | -65.99% |
Average DrawdownAverage peak-to-trough decline | -88.42% | -52.67% | -35.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.80% | 11.01% | -0.21% |
Volatility
GSAT vs. EQIX - Volatility Comparison
The current volatility for Globalstar, Inc. (GSAT) is 3.23%, while Equinix, Inc. (EQIX) has a volatility of 5.21%. This indicates that GSAT experiences smaller price fluctuations and is considered to be less risky than EQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GSAT | EQIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.23% | 5.21% | -1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 44.79% | 16.83% | +27.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.17% | 26.09% | +44.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.78% | 27.68% | +51.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.16% | 27.13% | +63.03% |
Dividends
GSAT vs. EQIX - Dividend Comparison
GSAT has not paid dividends to shareholders, while EQIX's dividend yield for the trailing twelve months is around 1.83%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQIX Equinix, Inc. | 1.83% | 2.45% | 1.81% | 1.80% | 1.89% | 1.36% | 1.49% | 1.69% | 2.59% | 1.77% | 1.96% | 5.86% |
GSAT Globalstar, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
GSAT vs. EQIX - Financials Comparison
This section allows you to compare key financial metrics between Globalstar, Inc. and Equinix, 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
GSAT vs. EQIX - Profitability Comparison
GSAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported a gross profit of 0.00 and revenue of 70.06M. Therefore, the gross margin over that period was 0.0%.
EQIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a gross profit of 1.26B and revenue of 2.44B. Therefore, the gross margin over that period was 51.5%.
GSAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported an operating income of 8.17M and revenue of 70.06M, resulting in an operating margin of 11.7%.
EQIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported an operating income of 577.00M and revenue of 2.44B, resulting in an operating margin of 23.6%.
GSAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Globalstar, Inc. reported a net income of -20.04M and revenue of 70.06M, resulting in a net margin of -28.6%.
EQIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Equinix, Inc. reported a net income of 415.00M and revenue of 2.44B, resulting in a net margin of 17.0%.
Frequently Asked Questions
GSAT and EQIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EQIX has higher volatility (5.21%) compared to GSAT (3.23%). In terms of maximum drawdown, GSAT dropped -99.14% vs EQIX's -99.44%.
GSAT currently has the higher Sharpe Ratio (4.75 vs 0.89), 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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