NGG vs. BCS
NGG (National Grid plc) and BCS (Barclays PLC) are both stocks. NGG operates in Utilities - Regulated Electric (Utilities), while BCS operates in Banks - Diversified (Financial Services). Over the past 10 years, NGG returned 7.13%/yr vs 13.16%/yr for BCS. At a 0.31 correlation, their price movements are largely independent.
Performance
NGG vs. BCS - Performance Comparison
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Returns By Period
In the year-to-date period, NGG achieves a 6.37% return, which is significantly higher than BCS's -3.65% return. Over the past 10 years, NGG has underperformed BCS with an annualized return of 7.13%, while BCS has yielded a comparatively higher 13.16% annualized return.
NGG
- 1D
- -2.06%
- 1M
- -5.31%
- YTD
- 6.37%
- 6M
- 9.22%
- 1Y
- 18.03%
- 3Y*
- 13.68%
- 5Y*
- 10.91%
- 10Y*
- 7.13%
BCS
- 1D
- -0.16%
- 1M
- 2.19%
- YTD
- -3.65%
- 6M
- 5.42%
- 1Y
- 35.75%
- 3Y*
- 50.36%
- 5Y*
- 22.92%
- 10Y*
- 13.16%
NGG vs. BCS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGG National Grid plc | 6.37% | 35.88% | -1.26% | 18.82% | -12.68% | 29.02% | -0.75% | 38.53% | -13.76% | 4.94% |
BCS Barclays PLC | -3.65% | 96.49% | 76.26% | 6.01% | -21.90% | 31.71% | -12.84% | 31.90% | -29.25% | 0.44% |
Correlation
The correlation between NGG and BCS is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.31 |
The correlation between NGG and BCS shifts across timeframes, from 0.20 (1 year) to 0.31 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NGG:
$79.78B
BCS:
$83.15B
NGG:
$6.16
BCS:
$2.06
NGG:
13.02
BCS:
11.77
NGG:
0.34
BCS:
2.13
NGG:
2.23
BCS:
2.96
NGG:
2.03
BCS:
1.08
NGG:
$35.68B
BCS:
$28.57B
NGG:
$10.47B
BCS:
$26.96B
NGG:
$15.03B
BCS:
$9.15B
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Return for Risk
NGG vs. BCS — Risk / Return Rank
NGG
BCS
NGG vs. BCS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NGG) and Barclays PLC (BCS). 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.
| NGG | BCS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 1.37 | -0.09 |
| Martin ratioReturn relative to average drawdown | 3.61 | 3.91 | -0.30 |
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
| NGG | BCS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.24 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.68 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.35 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.18 | +0.18 |
Drawdowns
NGG vs. BCS - Drawdown Comparison
The maximum NGG drawdown since its inception was -54.85%, smaller than the maximum BCS drawdown of -94.36%. Use the drawdown chart below to compare losses from any high point for NGG and BCS.
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Drawdown Indicators
| NGG | BCS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.85% | -94.36% | +39.51% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -26.20% | +12.05% |
Max Drawdown (3Y)Largest decline over 3 years | -20.76% | -26.20% | +5.44% |
Max Drawdown (5Y)Largest decline over 5 years | -39.20% | -48.14% | +8.94% |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | -66.10% | +26.90% |
Current DrawdownCurrent decline from peak | -12.41% | -28.35% | +15.94% |
Average DrawdownAverage peak-to-trough decline | -13.41% | -38.43% | +25.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.01% | 9.17% | -4.16% |
Volatility
NGG vs. BCS - Volatility Comparison
National Grid plc (NGG) has a higher volatility of 10.58% compared to Barclays PLC (BCS) at 9.51%. This indicates that NGG's price experiences larger fluctuations and is considered to be riskier than BCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGG | BCS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.58% | 9.51% | +1.07% |
Volatility (6M)Calculated over the trailing 6-month period | 17.31% | 23.47% | -6.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.60% | 28.98% | -7.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.10% | 34.00% | -11.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.12% | 37.74% | -14.62% |
Dividends
NGG vs. BCS - Dividend Comparison
NGG's dividend yield for the trailing twelve months is around 4.04%, more than BCS's 1.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BCS Barclays PLC | 1.93% | 1.70% | 3.13% | 4.86% | 4.18% | 1.61% | 3.91% | 3.68% | 3.21% | 1.37% | 2.26% | 2.95% |
NGG National Grid plc | 4.04% | 4.03% | 11.81% | 5.20% | 5.18% | 4.75% | 5.32% | 4.94% | 6.51% | 14.95% | 5.07% | 4.73% |
Financials
NGG vs. BCS - Financials Comparison
This section allows you to compare key financial metrics between National Grid plc and Barclays PLC. 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
NGG vs. BCS - Profitability Comparison
NGG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Grid plc reported a gross profit of 4.21B and revenue of 10.78B. Therefore, the gross margin over that period was 39.0%.
BCS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported a gross profit of 8.16B and revenue of 8.16B. Therefore, the gross margin over that period was 100.0%.
NGG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Grid plc reported an operating income of 4.21B and revenue of 10.78B, resulting in an operating margin of 39.0%.
BCS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported an operating income of 2.81B and revenue of 8.16B, resulting in an operating margin of 34.5%.
NGG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Grid plc reported a net income of 2.66B and revenue of 10.78B, resulting in a net margin of 24.7%.
BCS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Barclays PLC reported a net income of 2.18B and revenue of 8.16B, resulting in a net margin of 26.7%.
Frequently Asked Questions
NGG and BCS have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NGG has higher volatility (10.58%) compared to BCS (9.51%). In terms of maximum drawdown, NGG dropped -54.85% vs BCS's -94.36%.
BCS currently has the higher Sharpe Ratio (1.24 vs 0.84), 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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