NESR vs. EINC

Last updated Jun 5, 2026

NESR (National Energy Services Reunited Corp.) is a stock, while EINC (VanEck Energy Income ETF) is Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Over the past 5 years, NESR returned 11.77%/yr vs 21.04%/yr for EINC. At a 0.33 correlation, their price movements are largely independent.

Performance

NESR vs. EINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in National Energy Services Reunited Corp. (NESR) and VanEck Energy Income ETF (EINC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NESR achieves a 61.75% return, which is significantly higher than EINC's 26.33% return.

NESR

• 1D: 1.32%
• 1M: 3.77%
• YTD: 61.75%
• 6M: 72.08%
• 1Y: 351.52%
• 3Y*: 105.71%
• 5Y*: 11.77%
• 10Y*: —

EINC

• 1D: 1.28%
• 1M: 0.04%
• YTD: 26.33%
• 6M: 24.35%
• 1Y: 29.22%
• 3Y*: 29.81%
• 5Y*: 21.04%
• 10Y*: 11.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NESR vs. EINC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NESR National Energy Services Reunited Corp.	61.75%	74.78%	46.89%	-12.10%	-26.56%	-4.83%	8.88%	5.31%	-12.96%	4.63%
EINC VanEck Energy Income ETF	26.33%	7.11%	42.79%	15.55%	19.18%	38.05%	-19.89%	16.98%	-19.85%	1.84%

Correlation

The correlation between NESR and EINC is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jun 6, 2017	0.33

Over the past year, the correlation between NESR and EINC has dropped to 0.06 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.

Return for Risk

NESR vs. EINC — Risk / Return Rank

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

NESR

NESR Risk / Return Rank: 99
NESR Sharpe Ratio Rank: 99
NESR Sortino Ratio Rank: 99
NESR Omega Ratio Rank: 98
NESR Calmar Ratio Rank: 98
NESR Martin Ratio Rank: 99

EINC

EINC Risk / Return Rank: 62
EINC Sharpe Ratio Rank: 61
EINC Sortino Ratio Rank: 58
EINC Omega Ratio Rank: 58
EINC Calmar Ratio Rank: 75
EINC Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NESR vs. EINC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for National Energy Services Reunited Corp. (NESR) and VanEck Energy Income ETF (EINC). 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.

	NESR	EINC	Difference
Sharpe ratio: Return per unit of total volatility	6.69	2.00	+4.69
Sortino ratio: Return per unit of downside risk	6.14	2.70	+3.43
Omega ratio: Gain probability vs. loss probability	1.76	1.35	+0.42
Calmar ratio: Return relative to maximum drawdown	12.93	3.72	+9.21
Martin ratio: Return relative to average drawdown	45.43	10.27	+35.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NESR vs. EINC - Sharpe Ratio Comparison

The current NESR Sharpe Ratio is 6.69, which is higher than the EINC Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of NESR and EINC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NESR	EINC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	6.69	2.00	+4.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.21	1.08	-0.87
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.04	+0.18

Drawdowns

NESR vs. EINC - Drawdown Comparison

The maximum NESR drawdown since its inception was -83.12%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for NESR and EINC.

Drawdown Indicators

	NESR	EINC	Difference
Max Drawdown Largest peak-to-trough decline	-83.12%	-87.55%	+4.43%
Max Drawdown (1Y) Largest decline over 1 year	-27.39%	-7.89%	-19.50%
Max Drawdown (3Y) Largest decline over 3 years	-45.64%	-16.01%	-29.63%
Max Drawdown (5Y) Largest decline over 5 years	-83.12%	-19.87%	-63.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-68.85%	—
Current Drawdown Current decline from peak	-5.63%	-4.23%	-1.40%
Average Drawdown Average peak-to-trough decline	-35.99%	-44.28%	+8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	2.85%	+4.93%

Volatility

NESR vs. EINC - Volatility Comparison

National Energy Services Reunited Corp. (NESR) has a higher volatility of 15.18% compared to VanEck Energy Income ETF (EINC) at 6.52%. This indicates that NESR's price experiences larger fluctuations and is considered to be riskier than EINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NESR	EINC	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.18%	6.52%	+8.66%
Volatility (6M) Calculated over the trailing 6-month period	36.44%	11.55%	+24.89%
Volatility (1Y) Calculated over the trailing 1-year period	53.34%	14.74%	+38.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.59%	19.58%	+36.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	52.22%	25.43%	+26.79%

Dividends

NESR vs. EINC - Dividend Comparison

NESR has not paid dividends to shareholders, while EINC's dividend yield for the trailing twelve months is around 3.50%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EINC VanEck Energy Income ETF	3.50%	4.51%	3.33%	3.77%	2.89%	6.03%	6.69%	9.66%	11.31%	8.53%	9.71%	28.53%
NESR National Energy Services Reunited Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NESR and EINC in my portfolio?

NESR and EINC have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NESR or EINC?

NESR has higher volatility (15.18%) compared to EINC (6.52%). In terms of maximum drawdown, NESR dropped -83.12% vs EINC's -87.55%.

Which has better risk-adjusted returns?

NESR currently has the higher Sharpe Ratio (6.69 vs 2.00), 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.