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INDI vs. PLUG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between INDI and PLUG is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

INDI vs. PLUG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in indie Semiconductor, Inc. (INDI) and Plug Power Inc. (PLUG). The values are adjusted to include any dividend payments, if applicable.

-50.00%-40.00%-30.00%-20.00%-10.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-44.21%
-12.89%
INDI
PLUG

Key characteristics

Sharpe Ratio

INDI:

-0.48

PLUG:

-0.28

Sortino Ratio

INDI:

-0.36

PLUG:

0.28

Omega Ratio

INDI:

0.96

PLUG:

1.03

Calmar Ratio

INDI:

-0.57

PLUG:

-0.29

Martin Ratio

INDI:

-1.32

PLUG:

-0.64

Ulcer Index

INDI:

34.27%

PLUG:

44.56%

Daily Std Dev

INDI:

94.77%

PLUG:

103.02%

Max Drawdown

INDI:

-79.94%

PLUG:

-99.99%

Current Drawdown

INDI:

-75.39%

PLUG:

-99.82%

Fundamentals

Market Cap

INDI:

$717.10M

PLUG:

$2.42B

EPS

INDI:

-$0.66

PLUG:

-$2.11

Total Revenue (TTM)

INDI:

$158.67M

PLUG:

$437.34M

Gross Profit (TTM)

INDI:

$65.61M

PLUG:

-$390.36M

EBITDA (TTM)

INDI:

-$81.10M

PLUG:

-$683.92M

Returns By Period

In the year-to-date period, INDI achieves a -3.70% return, which is significantly lower than PLUG's 24.88% return.


INDI

YTD

-3.70%

1M

-11.96%

6M

-47.44%

1Y

-43.97%

5Y*

N/A

10Y*

N/A

PLUG

YTD

24.88%

1M

9.47%

6M

-20.36%

1Y

-22.67%

5Y*

-8.72%

10Y*

-0.04%

*Annualized

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Risk-Adjusted Performance

INDI vs. PLUG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

INDI
The Risk-Adjusted Performance Rank of INDI is 2020
Overall Rank
The Sharpe Ratio Rank of INDI is 2323
Sharpe Ratio Rank
The Sortino Ratio Rank of INDI is 2525
Sortino Ratio Rank
The Omega Ratio Rank of INDI is 2626
Omega Ratio Rank
The Calmar Ratio Rank of INDI is 1515
Calmar Ratio Rank
The Martin Ratio Rank of INDI is 1313
Martin Ratio Rank

PLUG
The Risk-Adjusted Performance Rank of PLUG is 3737
Overall Rank
The Sharpe Ratio Rank of PLUG is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of PLUG is 4343
Sortino Ratio Rank
The Omega Ratio Rank of PLUG is 4141
Omega Ratio Rank
The Calmar Ratio Rank of PLUG is 3131
Calmar Ratio Rank
The Martin Ratio Rank of PLUG is 3737
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

INDI vs. PLUG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for indie Semiconductor, Inc. (INDI) and Plug Power Inc. (PLUG). 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.


Sharpe ratio
The chart of Sharpe ratio for INDI, currently valued at -0.48, compared to the broader market-2.000.002.00-0.48-0.28
The chart of Sortino ratio for INDI, currently valued at -0.36, compared to the broader market-4.00-2.000.002.004.00-0.360.28
The chart of Omega ratio for INDI, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.03
The chart of Calmar ratio for INDI, currently valued at -0.57, compared to the broader market0.002.004.006.00-0.57-0.30
The chart of Martin ratio for INDI, currently valued at -1.32, compared to the broader market0.0010.0020.00-1.32-0.64
INDI
PLUG

The current INDI Sharpe Ratio is -0.48, which is lower than the PLUG Sharpe Ratio of -0.28. The chart below compares the historical Sharpe Ratios of INDI and PLUG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.80-0.60-0.40-0.200.00AugustSeptemberOctoberNovemberDecember2025
-0.48
-0.28
INDI
PLUG

Dividends

INDI vs. PLUG - Dividend Comparison

Neither INDI nor PLUG has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

INDI vs. PLUG - Drawdown Comparison

The maximum INDI drawdown since its inception was -79.94%, smaller than the maximum PLUG drawdown of -99.99%. Use the drawdown chart below to compare losses from any high point for INDI and PLUG. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%AugustSeptemberOctoberNovemberDecember2025
-75.39%
-94.03%
INDI
PLUG

Volatility

INDI vs. PLUG - Volatility Comparison

The current volatility for indie Semiconductor, Inc. (INDI) is 16.77%, while Plug Power Inc. (PLUG) has a volatility of 34.42%. This indicates that INDI experiences smaller price fluctuations and is considered to be less risky than PLUG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%60.00%AugustSeptemberOctoberNovemberDecember2025
16.77%
34.42%
INDI
PLUG

Financials

INDI vs. PLUG - Financials Comparison

This section allows you to compare key financial metrics between indie Semiconductor, Inc. and Plug Power 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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