GTLS vs. TRP
GTLS (Chart Industries, Inc.) and TRP (TC Energy Corporation) are both stocks. GTLS operates in Specialty Industrial Machinery (Industrials), while TRP operates in Oil & Gas Midstream (Energy). Over the past 10 years, GTLS returned 25.20%/yr vs 12.14%/yr for TRP. At a 0.34 correlation, their price movements are largely independent.
Performance
GTLS vs. TRP - Performance Comparison
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Returns By Period
In the year-to-date period, GTLS achieves a 1.27% return, which is significantly lower than TRP's 28.88% return. Over the past 10 years, GTLS has outperformed TRP with an annualized return of 25.20%, while TRP has yielded a comparatively lower 12.14% annualized return.
GTLS
- 1D
- 0.07%
- 1M
- 0.48%
- YTD
- 1.27%
- 6M
- 1.40%
- 1Y
- 38.11%
- 3Y*
- 10.96%
- 5Y*
- 8.63%
- 10Y*
- 25.20%
TRP
- 1D
- 1.20%
- 1M
- 0.95%
- YTD
- 28.88%
- 6M
- 28.48%
- 1Y
- 56.35%
- 3Y*
- 31.53%
- 5Y*
- 15.68%
- 10Y*
- 12.14%
GTLS vs. TRP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GTLS Chart Industries, Inc. | 1.27% | 8.06% | 39.98% | 18.31% | -27.75% | 35.40% | 74.53% | 3.78% | 38.78% | 30.09% |
TRP TC Energy Corporation | 28.88% | 24.02% | 39.88% | 6.09% | -7.83% | 20.99% | -19.09% | 56.30% | -22.64% | 13.51% |
Correlation
The correlation between GTLS and TRP is 0.08, 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 | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2006 | 0.34 |
Over the past year, the correlation between GTLS and TRP has dropped to 0.08 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.
Fundamentals
GTLS:
-$0.77
TRP:
CA$3.31
GTLS:
1.71
TRP:
6.59
GTLS:
$4.15B
TRP:
CA$15.76B
GTLS:
$1.30B
TRP:
CA$8.07B
GTLS:
$457.00M
TRP:
CA$10.90B
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Return for Risk
GTLS vs. TRP — Risk / Return Rank
GTLS
TRP
GTLS vs. TRP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Chart Industries, Inc. (GTLS) and TC Energy Corporation (TRP). 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.
| GTLS | TRP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 2.29 | 1.53 | +0.76 |
| Calmar ratioReturn relative to maximum drawdown | 6.64 | 5.87 | +0.78 |
| Martin ratioReturn relative to average drawdown | 44.28 | 18.32 | +25.95 |
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Drawdowns
GTLS vs. TRP - Drawdown Comparison
The maximum GTLS drawdown since its inception was -90.06%, which is greater than TRP's maximum drawdown of -62.52%. Use the drawdown chart below to compare losses from any high point for GTLS and TRP.
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Drawdown Indicators
| GTLS | TRP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.06% | -62.52% | -27.54% |
Max Drawdown (1Y)Largest decline over 1 year | -5.77% | -9.65% | +3.88% |
Max Drawdown (3Y)Largest decline over 3 years | -47.30% | -17.00% | -30.30% |
Max Drawdown (5Y)Largest decline over 5 years | -57.01% | -37.05% | -19.96% |
Max Drawdown (10Y)Largest decline over 10 years | -82.56% | -41.64% | -40.92% |
Current DrawdownCurrent decline from peak | -12.79% | -1.02% | -11.77% |
Average DrawdownAverage peak-to-trough decline | -38.77% | -11.72% | -27.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 3.08% | -2.22% |
Volatility
GTLS vs. TRP - Volatility Comparison
The current volatility for Chart Industries, Inc. (GTLS) is 1.15%, while TC Energy Corporation (TRP) has a volatility of 5.34%. This indicates that GTLS experiences smaller price fluctuations and is considered to be less risky than TRP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GTLS | TRP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 5.34% | -4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 1.69% | 13.31% | -11.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.33% | 17.64% | +2.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.21% | 21.86% | +30.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.70% | 24.83% | +28.87% |
Dividends
GTLS vs. TRP - Dividend Comparison
GTLS has not paid dividends to shareholders, while TRP's dividend yield for the trailing twelve months is around 3.54%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTLS Chart Industries, 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% |
TRP TC Energy Corporation | 3.54% | 4.45% | 5.93% | 7.73% | 8.52% | 5.94% | 5.92% | 4.25% | 5.85% | 5.14% | 5.01% | 6.38% |
Financials
GTLS vs. TRP - Financials Comparison
This section allows you to compare key financial metrics between Chart Industries, Inc. and TC Energy 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
GTLS vs. TRP - Profitability Comparison
GTLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chart Industries, Inc. reported a gross profit of 251.40M and revenue of 884.80M. Therefore, the gross margin over that period was 28.4%.
TRP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a gross profit of 2.41B and revenue of 4.24B. Therefore, the gross margin over that period was 56.7%.
GTLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chart Industries, Inc. reported an operating income of 52.60M and revenue of 884.80M, resulting in an operating margin of 5.9%.
TRP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported an operating income of 2.21B and revenue of 4.24B, resulting in an operating margin of 52.1%.
GTLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chart Industries, Inc. reported a net income of -17.10M and revenue of 884.80M, resulting in a net margin of -1.9%.
TRP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TC Energy Corporation reported a net income of 929.40M and revenue of 4.24B, resulting in a net margin of 21.9%.
Frequently Asked Questions
GTLS and TRP have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRP has higher volatility (5.34%) compared to GTLS (1.15%). In terms of maximum drawdown, GTLS dropped -90.06% vs TRP's -62.52%.
TRP currently has the higher Sharpe Ratio (3.21 vs 1.89), 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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