NGG vs. SES
NGG (National Grid plc) and SES (SES AI Corp) are both stocks. NGG operates in Utilities - Regulated Electric (Utilities), while SES operates in Auto Parts (Consumer Cyclical). Over the past 5 years, NGG returned 11.19%/yr vs -36.15%/yr for SES. At a 0.08 correlation, their price movements are largely independent.
Performance
NGG vs. SES - Performance Comparison
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Returns By Period
In the year-to-date period, NGG achieves a 8.59% return, which is significantly higher than SES's -40.56% return.
NGG
- 1D
- 0.39%
- 1M
- 4.16%
- YTD
- 8.59%
- 6M
- 12.09%
- 1Y
- 17.16%
- 3Y*
- 15.06%
- 5Y*
- 11.19%
- 10Y*
- 7.62%
SES
- 1D
- 0.00%
- 1M
- -5.31%
- YTD
- -40.56%
- 6M
- -47.55%
- 1Y
- 11.83%
- 3Y*
- -20.00%
- 5Y*
- -36.15%
- 10Y*
- —
NGG vs. SES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
NGG National Grid plc | 8.59% | 35.88% | -1.26% | 18.82% | -12.68% | 36.27% |
SES SES AI Corp | -40.56% | -17.81% | 19.67% | -41.90% | -68.34% | -5.24% |
Correlation
The correlation between NGG and SES 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 | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2021 | 0.08 |
Fundamentals
NGG:
$81.45B
SES:
$356.14M
NGG:
£6.16
SES:
-$0.22
NGG:
1.70
SES:
16.19
NGG:
1.55
SES:
1.75
NGG:
£35.68B
SES:
$21.92M
NGG:
£10.47B
SES:
$7.97M
NGG:
£15.03B
SES:
-$68.11M
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Return for Risk
NGG vs. SES — Risk / Return Rank
NGG
SES
NGG vs. SES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NGG) and SES AI Corp (SES). 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.
| NGG | SES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.11 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 0.10 | +1.10 |
| Martin ratioReturn relative to average drawdown | 3.27 | 0.17 | +3.10 |
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Drawdowns
NGG vs. SES - Drawdown Comparison
The maximum NGG drawdown since its inception was -54.85%, smaller than the maximum SES drawdown of -97.58%. Use the drawdown chart below to compare losses from any high point for NGG and SES.
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Drawdown Indicators
| NGG | SES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.85% | -97.58% | +42.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -74.08% | +59.93% |
Max Drawdown (3Y)Largest decline over 3 years | -20.76% | -91.41% | +70.65% |
Max Drawdown (5Y)Largest decline over 5 years | -39.20% | -97.58% | +58.38% |
Max Drawdown (10Y)Largest decline over 10 years | -39.20% | — | — |
Current DrawdownCurrent decline from peak | -10.58% | -90.39% | +79.81% |
Average DrawdownAverage peak-to-trough decline | -13.40% | -65.76% | +52.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.20% | 45.30% | -40.10% |
Volatility
NGG vs. SES - Volatility Comparison
The current volatility for National Grid plc (NGG) is 10.73%, while SES AI Corp (SES) has a volatility of 27.05%. This indicates that NGG experiences smaller price fluctuations and is considered to be less risky than SES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGG | SES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.73% | 27.05% | -16.32% |
Volatility (6M)Calculated over the trailing 6-month period | 17.38% | 76.68% | -59.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 106.91% | -85.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.11% | 114.53% | -92.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.11% | 111.41% | -88.30% |
Dividends
NGG vs. SES - Dividend Comparison
NGG's dividend yield for the trailing twelve months is around 3.96%, while SES has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGG National Grid plc | 3.96% | 4.03% | 11.81% | 5.20% | 5.18% | 4.75% | 5.32% | 4.94% | 6.51% | 14.95% | 5.07% | 4.73% |
SES SES AI 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% |
Financials
NGG vs. SES - Financials Comparison
This section allows you to compare key financial metrics between National Grid plc and SES AI 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
Frequently Asked Questions
NGG and SES 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.
SES has higher volatility (27.05%) compared to NGG (10.73%). In terms of maximum drawdown, NGG dropped -54.85% vs SES's -97.58%.
NGG currently has the higher Sharpe Ratio (0.79 vs 0.07), 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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