NGL vs. ABBV
NGL (NGL Energy Partners LP) and ABBV (AbbVie Inc.) are both stocks. NGL operates in Oil & Gas Refining & Marketing (Energy), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, NGL returned 5.01%/yr vs 19.22%/yr for ABBV. At a 0.11 correlation, their price movements are largely independent.
Performance
NGL vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, NGL achieves a 63.70% return, which is significantly higher than ABBV's 2.32% return. Over the past 10 years, NGL has underperformed ABBV with an annualized return of 5.01%, while ABBV has yielded a comparatively higher 19.22% annualized return.
NGL
- 1D
- 2.38%
- 1M
- -9.61%
- YTD
- 63.70%
- 6M
- 65.35%
- 1Y
- 250.54%
- 3Y*
- 63.00%
- 5Y*
- 46.69%
- 10Y*
- 5.01%
ABBV
- 1D
- 6.25%
- 1M
- 6.63%
- YTD
- 2.32%
- 6M
- 2.58%
- 1Y
- 28.17%
- 3Y*
- 23.52%
- 5Y*
- 19.47%
- 10Y*
- 19.22%
NGL vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGL NGL Energy Partners LP | 63.70% | 100.40% | -10.41% | 360.33% | -33.52% | -24.17% | -75.27% | 34.05% | -22.35% | -20.22% |
ABBV AbbVie Inc. | 2.32% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
Correlation
The correlation between NGL and ABBV is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.11 |
The correlation between NGL and ABBV shifts across timeframes, from -0.00 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NGL:
$1.24
ABBV:
$2.05
NGL:
13.19
ABBV:
112.07
NGL:
0.66
ABBV:
6.49
NGL:
$3.18B
ABBV:
$62.82B
NGL:
$755.25M
ABBV:
$46.15B
NGL:
$639.38M
ABBV:
$17.96B
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Return for Risk
NGL vs. ABBV — Risk / Return Rank
NGL
ABBV
NGL vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NGL Energy Partners LP (NGL) and AbbVie Inc. (ABBV). 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.
| NGL | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.63 | ||
| Sortino ratioReturn per unit of downside risk | +3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.67 | 1.21 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 15.81 | 1.63 | +14.18 |
| Martin ratioReturn relative to average drawdown | 38.42 | 3.63 | +34.78 |
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Drawdowns
NGL vs. ABBV - Drawdown Comparison
The maximum NGL drawdown since its inception was -94.71%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for NGL and ABBV.
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Drawdown Indicators
| NGL | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.71% | -45.09% | -49.62% |
Max Drawdown (1Y)Largest decline over 1 year | -15.96% | -17.32% | +1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -53.72% | -20.74% | -32.98% |
Max Drawdown (5Y)Largest decline over 5 years | -63.12% | -21.92% | -41.20% |
Max Drawdown (10Y)Largest decline over 10 years | -92.74% | -45.09% | -47.65% |
Current DrawdownCurrent decline from peak | -16.66% | -3.65% | -13.01% |
Average DrawdownAverage peak-to-trough decline | -51.72% | -10.71% | -41.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.75% | 7.78% | -1.03% |
Volatility
NGL vs. ABBV - Volatility Comparison
NGL Energy Partners LP (NGL) has a higher volatility of 14.40% compared to AbbVie Inc. (ABBV) at 9.13%. This indicates that NGL's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGL | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 9.13% | +5.27% |
Volatility (6M)Calculated over the trailing 6-month period | 34.12% | 19.02% | +15.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.16% | 25.21% | +27.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.26% | 23.11% | +35.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.60% | 25.83% | +43.77% |
Dividends
NGL vs. ABBV - Dividend Comparison
NGL has not paid dividends to shareholders, while ABBV's dividend yield for the trailing twelve months is around 2.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.93% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
NGL NGL Energy Partners LP | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 37.08% | 13.76% | 16.27% | 16.23% | 8.62% | 22.78% |
Financials
NGL vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between NGL Energy Partners LP and AbbVie Inc.. 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
NGL vs. ABBV - Profitability Comparison
NGL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a gross profit of 194.75M and revenue of 909.82M. Therefore, the gross margin over that period was 21.4%.
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a gross profit of 12.53B and revenue of 15.00B. Therefore, the gross margin over that period was 83.5%.
NGL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported an operating income of 109.14M and revenue of 909.82M, resulting in an operating margin of 12.0%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.
NGL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NGL Energy Partners LP reported a net income of 47.18M and revenue of 909.82M, resulting in a net margin of 5.2%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.
Frequently Asked Questions
NGL and ABBV have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NGL has higher volatility (14.40%) compared to ABBV (9.13%). In terms of maximum drawdown, NGL dropped -94.71% vs ABBV's -45.09%.
NGL currently has the higher Sharpe Ratio (4.76 vs 1.12), 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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