ITRI vs. CEG
ITRI (Itron, Inc.) and CEG (Constellation Energy Corp) are both stocks. ITRI operates in Scientific & Technical Instruments (Technology), while CEG operates in Utilities - Renewable (Utilities). Over the past 3 years, ITRI returned 6.27%/yr vs 46.00%/yr for CEG. At a 0.34 correlation, their price movements are largely independent.
Performance
ITRI vs. CEG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ITRI achieves a -11.95% return, which is significantly higher than CEG's -21.78% return.
ITRI
- 1D
- 1.18%
- 1M
- -1.52%
- YTD
- -11.95%
- 6M
- -14.46%
- 1Y
- -36.03%
- 3Y*
- 6.27%
- 5Y*
- -3.36%
- 10Y*
- 6.90%
CEG
- 1D
- 0.54%
- 1M
- -6.30%
- YTD
- -21.78%
- 6M
- -22.77%
- 1Y
- -9.16%
- 3Y*
- 46.00%
- 5Y*
- —
- 10Y*
- —
ITRI vs. CEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
ITRI Itron, Inc. | -11.95% | -14.48% | 43.80% | 49.08% | -17.05% |
CEG Constellation Energy Corp | -21.78% | 58.80% | 92.71% | 37.24% | 73.87% |
Correlation
The correlation between ITRI and CEG is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2022 | 0.34 |
The correlation between ITRI and CEG shifts across timeframes, from 0.24 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ITRI:
$3.72B
CEG:
$97.54B
ITRI:
$6.27
CEG:
$8.13
ITRI:
13.04
CEG:
33.90
ITRI:
0.23
CEG:
0.59
ITRI:
1.61
CEG:
3.60
ITRI:
2.31
CEG:
2.91
ITRI:
$2.35B
CEG:
$24.82B
ITRI:
$906.61M
CEG:
$20.98B
ITRI:
$363.22M
CEG:
$5.87B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ITRI vs. CEG — Risk / Return Rank
ITRI
CEG
ITRI vs. CEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Itron, Inc. (ITRI) and Constellation Energy Corp (CEG). 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.
| ITRI | CEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.71 | ||
| Sortino ratioReturn per unit of downside risk | -1.14 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.00 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.83 | -0.23 | -0.60 |
| Martin ratioReturn relative to average drawdown | -1.34 | -0.46 | -0.88 |
Loading charts...
Drawdowns
ITRI vs. CEG - Drawdown Comparison
The maximum ITRI drawdown since its inception was -94.36%, which is greater than CEG's maximum drawdown of -50.70%. Use the drawdown chart below to compare losses from any high point for ITRI and CEG.
Loading charts...
Drawdown Indicators
| ITRI | CEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.36% | -50.70% | -43.66% |
Max Drawdown (1Y)Largest decline over 1 year | -43.64% | -39.77% | -3.87% |
Max Drawdown (3Y)Largest decline over 3 years | -43.64% | -50.70% | +7.06% |
Max Drawdown (5Y)Largest decline over 5 years | -58.57% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.26% | — | — |
Current DrawdownCurrent decline from peak | -40.93% | -31.52% | -9.41% |
Average DrawdownAverage peak-to-trough decline | -46.57% | -11.77% | -34.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.94% | 19.93% | +7.01% |
Volatility
ITRI vs. CEG - Volatility Comparison
The current volatility for Itron, Inc. (ITRI) is 7.73%, while Constellation Energy Corp (CEG) has a volatility of 13.64%. This indicates that ITRI experiences smaller price fluctuations and is considered to be less risky than CEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ITRI | CEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.73% | 13.64% | -5.91% |
Volatility (6M)Calculated over the trailing 6-month period | 25.89% | 36.35% | -10.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.91% | 46.74% | -6.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.80% | 49.31% | -6.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.29% | 49.31% | -6.02% |
Dividends
ITRI vs. CEG - Dividend Comparison
ITRI has not paid dividends to shareholders, while CEG's dividend yield for the trailing twelve months is around 0.59%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CEG Constellation Energy Corp | 0.59% | 0.44% | 0.63% | 0.97% | 0.65% |
ITRI Itron, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ITRI vs. CEG - Financials Comparison
This section allows you to compare key financial metrics between Itron, Inc. and Constellation Energy Corp. 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
ITRI vs. CEG - Profitability Comparison
ITRI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Itron, Inc. reported a gross profit of 236.32M and revenue of 586.98M. Therefore, the gross margin over that period was 40.3%.
CEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a gross profit of 2.48B and revenue of 6.07B. Therefore, the gross margin over that period was 40.8%.
ITRI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Itron, Inc. reported an operating income of 67.58M and revenue of 586.98M, resulting in an operating margin of 11.5%.
CEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported an operating income of 598.00M and revenue of 6.07B, resulting in an operating margin of 9.9%.
ITRI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Itron, Inc. reported a net income of 53.46M and revenue of 586.98M, resulting in a net margin of 9.1%.
CEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Constellation Energy Corp reported a net income of 432.00M and revenue of 6.07B, resulting in a net margin of 7.1%.
Frequently Asked Questions
ITRI and CEG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CEG has higher volatility (13.64%) compared to ITRI (7.73%). In terms of maximum drawdown, ITRI dropped -94.36% vs CEG's -50.70%.
CEG currently has the higher Sharpe Ratio (-0.20 vs -0.91), 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.
Find the right allocation for ITRI and CEG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer