IOVA vs. ET
IOVA (Iovance Biotherapeutics, Inc.) and ET (Energy Transfer LP) are both stocks. IOVA operates in Biotechnology (Healthcare), while ET operates in Oil & Gas Midstream (Energy). Over the past 10 years, IOVA returned -6.39%/yr vs 12.06%/yr for ET. At a 0.14 correlation, their price movements are largely independent.
Performance
IOVA vs. ET - Performance Comparison
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Returns By Period
In the year-to-date period, IOVA achieves a 48.72% return, which is significantly higher than ET's 18.71% return. Over the past 10 years, IOVA has underperformed ET with an annualized return of -6.39%, while ET has yielded a comparatively higher 12.06% annualized return.
IOVA
- 1D
- 3.84%
- 1M
- -1.22%
- YTD
- 48.72%
- 6M
- 46.04%
- 1Y
- 105.05%
- 3Y*
- -20.47%
- 5Y*
- -30.33%
- 10Y*
- -6.39%
ET
- 1D
- 0.75%
- 1M
- -5.88%
- YTD
- 18.71%
- 6M
- 20.10%
- 1Y
- 14.01%
- 3Y*
- 24.21%
- 5Y*
- 20.97%
- 10Y*
- 12.06%
IOVA vs. ET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IOVA Iovance Biotherapeutics, Inc. | 48.72% | -63.11% | -8.98% | 27.23% | -66.53% | -58.86% | 67.63% | 212.77% | 10.62% | 15.11% |
ET Energy Transfer LP | 18.71% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
Correlation
The correlation between IOVA and ET is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 15, 2010 | 0.14 |
The correlation between IOVA and ET shifts across timeframes, from 0.03 (1 year) to 0.19 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
IOVA:
$1.70B
ET:
$65.31B
IOVA:
-$0.93
ET:
$1.36
IOVA:
5.42
ET:
0.75
IOVA:
2.35
ET:
1.31
IOVA:
$285.61M
ET:
$89.38B
IOVA:
$327.04M
ET:
$20.48B
IOVA:
-$325.45M
ET:
$13.02B
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Return for Risk
IOVA vs. ET — Risk / Return Rank
IOVA
ET
IOVA vs. ET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Iovance Biotherapeutics, Inc. (IOVA) and Energy Transfer LP (ET). 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.
| IOVA | ET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.16 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.94 | 1.60 | +0.34 |
| Martin ratioReturn relative to average drawdown | 3.05 | 3.54 | -0.49 |
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Drawdowns
IOVA vs. ET - Drawdown Comparison
The maximum IOVA drawdown since its inception was -99.37%, which is greater than ET's maximum drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for IOVA and ET.
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Drawdown Indicators
| IOVA | ET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.37% | -87.81% | -11.56% |
Max Drawdown (1Y)Largest decline over 1 year | -54.41% | -8.79% | -45.62% |
Max Drawdown (3Y)Largest decline over 3 years | -90.50% | -24.56% | -65.94% |
Max Drawdown (5Y)Largest decline over 5 years | -93.99% | -24.56% | -69.43% |
Max Drawdown (10Y)Largest decline over 10 years | -96.84% | -72.82% | -24.02% |
Current DrawdownCurrent decline from peak | -97.45% | -7.36% | -90.09% |
Average DrawdownAverage peak-to-trough decline | -84.18% | -25.71% | -58.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 34.61% | 3.96% | +30.65% |
Volatility
IOVA vs. ET - Volatility Comparison
Iovance Biotherapeutics, Inc. (IOVA) has a higher volatility of 25.62% compared to Energy Transfer LP (ET) at 4.68%. This indicates that IOVA's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IOVA | ET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.62% | 4.68% | +20.94% |
Volatility (6M)Calculated over the trailing 6-month period | 64.08% | 12.05% | +52.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 101.54% | 16.09% | +85.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 89.88% | 24.65% | +65.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 81.44% | 34.52% | +46.92% |
Dividends
IOVA vs. ET - Dividend Comparison
IOVA has not paid dividends to shareholders, while ET's dividend yield for the trailing twelve months is around 7.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 7.07% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
IOVA Iovance Biotherapeutics, 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
IOVA vs. ET - Financials Comparison
This section allows you to compare key financial metrics between Iovance Biotherapeutics, Inc. and Energy Transfer LP. 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
Frequently Asked Questions
IOVA and ET have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOVA has higher volatility (25.62%) compared to ET (4.68%). In terms of maximum drawdown, IOVA dropped -99.37% vs ET's -87.81%.
IOVA currently has the higher Sharpe Ratio (1.04 vs 0.88), 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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