IRS vs. TGS
IRS (IRSA Inversiones y Representaciones Sociedad Anónima) and TGS (Transportadora de Gas del Sur S.A.) are both stocks. IRS operates in Conglomerates (Industrials), while TGS operates in Oil & Gas Midstream (Energy). Over the past 10 years, IRS returned 5.81%/yr vs 18.52%/yr for TGS. At a 0.30 correlation, their price movements are largely independent.
Performance
IRS vs. TGS - Performance Comparison
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Returns By Period
In the year-to-date period, IRS achieves a -6.83% return, which is significantly lower than TGS's -5.05% return. Over the past 10 years, IRS has underperformed TGS with an annualized return of 5.81%, while TGS has yielded a comparatively higher 18.52% annualized return.
IRS
- 1D
- 1.78%
- 1M
- 10.55%
- YTD
- -6.83%
- 6M
- 1.72%
- 1Y
- 12.54%
- 3Y*
- 44.93%
- 5Y*
- 41.09%
- 10Y*
- 5.81%
TGS
- 1D
- 0.03%
- 1M
- 0.58%
- YTD
- -5.05%
- 6M
- -6.79%
- 1Y
- 6.23%
- 3Y*
- 32.47%
- 5Y*
- 38.90%
- 10Y*
- 18.52%
IRS vs. TGS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRS IRSA Inversiones y Representaciones Sociedad Anónima | -6.83% | 21.60% | 103.74% | 99.57% | 17.65% | -5.54% | -33.08% | -45.90% | -53.72% | 76.69% |
TGS Transportadora de Gas del Sur S.A. | -5.05% | 6.22% | 93.97% | 27.88% | 165.77% | -14.62% | -27.48% | -45.44% | -28.91% | 146.45% |
Correlation
The correlation between IRS and TGS is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.67 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 1994 | 0.30 |
Over the past year, IRS and TGS have become more correlated (0.67) than their long-term average of 0.30, meaning their price movements have been converging.
Fundamentals
IRS:
$78.60M
TGS:
$4.44B
IRS:
$4.63K
TGS:
$3.05K
IRS:
0.00
TGS:
0.01
IRS:
0.00
TGS:
0.00
IRS:
0.00
TGS:
0.00
IRS:
0.00
TGS:
0.00
IRS:
$541.69B
TGS:
$1.82T
IRS:
$354.67B
TGS:
$985.40B
IRS:
$470.65B
TGS:
$1.03T
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Return for Risk
IRS vs. TGS — Risk / Return Rank
IRS
TGS
IRS vs. TGS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IRSA Inversiones y Representaciones Sociedad Anónima (IRS) and Transportadora de Gas del Sur S.A. (TGS). 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.
| IRS | TGS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.08 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 0.19 | +0.22 |
| Martin ratioReturn relative to average drawdown | 0.82 | 0.48 | +0.34 |
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
| IRS | TGS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.24 | 0.10 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.71 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.11 | 0.34 | -0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.22 | -0.18 |
Drawdowns
IRS vs. TGS - Drawdown Comparison
The maximum IRS drawdown since its inception was -92.99%, roughly equal to the maximum TGS drawdown of -95.49%. Use the drawdown chart below to compare losses from any high point for IRS and TGS.
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Drawdown Indicators
| IRS | TGS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.99% | -95.49% | +2.50% |
Max Drawdown (1Y)Largest decline over 1 year | -30.64% | -32.96% | +2.32% |
Max Drawdown (3Y)Largest decline over 3 years | -35.01% | -39.49% | +4.48% |
Max Drawdown (5Y)Largest decline over 5 years | -37.93% | -39.49% | +1.56% |
Max Drawdown (10Y)Largest decline over 10 years | -91.24% | -80.55% | -10.69% |
Current DrawdownCurrent decline from peak | -21.07% | -16.42% | -4.65% |
Average DrawdownAverage peak-to-trough decline | -57.44% | -47.06% | -10.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.29% | 13.08% | +2.21% |
Volatility
IRS vs. TGS - Volatility Comparison
IRSA Inversiones y Representaciones Sociedad Anónima (IRS) and Transportadora de Gas del Sur S.A. (TGS) have volatilities of 13.07% and 12.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRS | TGS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.07% | 12.90% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 28.32% | 26.04% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.27% | 60.67% | -7.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.84% | 55.48% | -5.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 53.63% | 54.35% | -0.72% |
Dividends
IRS vs. TGS - Dividend Comparison
IRS's dividend yield for the trailing twelve months is around 9.18%, while TGS has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IRS IRSA Inversiones y Representaciones Sociedad Anónima | 9.18% | 8.56% | 10.79% | 18.63% | 3.91% | 0.00% | 1.25% | 0.00% | 0.00% | 9.27% | 0.00% |
TGS Transportadora de Gas del Sur S.A. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.46% | 5.04% | 0.00% | 0.34% |
Financials
IRS vs. TGS - Financials Comparison
This section allows you to compare key financial metrics between IRSA Inversiones y Representaciones Sociedad Anónima and Transportadora de Gas del Sur S.A.. 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
IRS vs. TGS - Profitability Comparison
IRS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IRSA Inversiones y Representaciones Sociedad Anónima reported a gross profit of 110.33B and revenue of 144.71B. Therefore, the gross margin over that period was 76.2%.
TGS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a gross profit of 282.03B and revenue of 484.20B. Therefore, the gross margin over that period was 58.3%.
IRS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IRSA Inversiones y Representaciones Sociedad Anónima reported an operating income of 110.33B and revenue of 144.71B, resulting in an operating margin of 76.2%.
TGS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported an operating income of 249.34B and revenue of 484.20B, resulting in an operating margin of 51.5%.
IRS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IRSA Inversiones y Representaciones Sociedad Anónima reported a net income of -7.79B and revenue of 144.71B, resulting in a net margin of -5.4%.
TGS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Transportadora de Gas del Sur S.A. reported a net income of 159.98B and revenue of 484.20B, resulting in a net margin of 33.0%.
Frequently Asked Questions
IRS and TGS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IRS has higher volatility (13.07%) compared to TGS (12.90%). In terms of maximum drawdown, IRS dropped -92.99% vs TGS's -95.49%.
IRS currently has the higher Sharpe Ratio (0.24 vs 0.10), 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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