NI vs. ETR
NI (NiSource Inc.) and ETR (Entergy Corporation) are both stocks. Both are in the Utilities sector — NI in Utilities - Regulated Gas, ETR in Utilities - Diversified. Over the past 10 years, NI returned 9.97%/yr vs 15.45%/yr for ETR. At a 0.47 correlation, their price movements are largely independent.
Performance
NI vs. ETR - Performance Comparison
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Returns By Period
In the year-to-date period, NI achieves a 15.56% return, which is significantly lower than ETR's 22.85% return. Over the past 10 years, NI has underperformed ETR with an annualized return of 9.97%, while ETR has yielded a comparatively higher 15.45% annualized return.
NI
- 1D
- 0.78%
- 1M
- -0.46%
- YTD
- 15.56%
- 6M
- 16.42%
- 1Y
- 23.74%
- 3Y*
- 25.18%
- 5Y*
- 17.70%
- 10Y*
- 9.97%
ETR
- 1D
- 0.98%
- 1M
- -0.18%
- YTD
- 22.85%
- 6M
- 23.44%
- 1Y
- 42.12%
- 3Y*
- 36.80%
- 5Y*
- 21.46%
- 10Y*
- 15.45%
NI vs. ETR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NI NiSource Inc. | 15.56% | 16.81% | 43.48% | 0.48% | 2.67% | 24.75% | -14.87% | 13.03% | 1.92% | 19.28% |
ETR Entergy Corporation | 22.85% | 25.34% | 55.96% | -6.09% | 3.55% | 17.12% | -13.73% | 44.31% | 10.60% | 15.91% |
Correlation
The correlation between NI and ETR is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 1984 | 0.47 |
Over the past year, NI and ETR have become more correlated (0.73) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
NI:
$22.91B
ETR:
$51.89B
NI:
$2.02
ETR:
$3.98
NI:
23.54
ETR:
28.22
NI:
2.07
ETR:
1.04
NI:
3.32
ETR:
3.83
NI:
2.37
ETR:
2.99
NI:
$6.82B
ETR:
$13.29B
NI:
$4.28B
ETR:
$5.76B
NI:
$2.73B
ETR:
$5.91B
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Return for Risk
NI vs. ETR — Risk / Return Rank
NI
ETR
NI vs. ETR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NiSource Inc. (NI) and Entergy Corporation (ETR). 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.
| NI | ETR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 4.01 | -1.40 |
| Martin ratioReturn relative to average drawdown | 7.55 | 13.25 | -5.70 |
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Drawdowns
NI vs. ETR - Drawdown Comparison
The maximum NI drawdown since its inception was -65.73%, smaller than the maximum ETR drawdown of -71.72%. Use the drawdown chart below to compare losses from any high point for NI and ETR.
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Drawdown Indicators
| NI | ETR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.73% | -71.72% | +5.99% |
Max Drawdown (1Y)Largest decline over 1 year | -9.14% | -10.56% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -17.73% | -13.97% | -3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -24.76% | -25.12% | +0.36% |
Max Drawdown (10Y)Largest decline over 10 years | -30.95% | -41.99% | +11.04% |
Current DrawdownCurrent decline from peak | -1.35% | -4.40% | +3.05% |
Average DrawdownAverage peak-to-trough decline | -12.97% | -25.24% | +12.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 3.19% | -0.04% |
Volatility
NI vs. ETR - Volatility Comparison
The current volatility for NiSource Inc. (NI) is 5.69%, while Entergy Corporation (ETR) has a volatility of 6.60%. This indicates that NI experiences smaller price fluctuations and is considered to be less risky than ETR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NI | ETR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.69% | 6.60% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 15.90% | -3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.07% | 20.06% | -1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 22.53% | -2.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.18% | 24.13% | -0.95% |
Dividends
NI vs. ETR - Dividend Comparison
NI's dividend yield for the trailing twelve months is around 2.44%, more than ETR's 2.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ETR Entergy Corporation | 2.25% | 2.64% | 3.03% | 4.29% | 3.64% | 3.43% | 3.75% | 3.06% | 4.16% | 4.30% | 4.65% | 4.89% |
NI NiSource Inc. | 2.44% | 2.68% | 2.88% | 3.77% | 3.43% | 3.19% | 3.66% | 2.87% | 3.08% | 2.73% | 2.89% | 145.67% |
Financials
NI vs. ETR - Financials Comparison
This section allows you to compare key financial metrics between NiSource Inc. and Entergy Corporation. 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
NI vs. ETR - Profitability Comparison
NI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NiSource Inc. reported a gross profit of 1.87B and revenue of 2.36B. Therefore, the gross margin over that period was 79.3%.
ETR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Entergy Corporation reported a gross profit of 2.19B and revenue of 3.19B. Therefore, the gross margin over that period was 68.7%.
NI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NiSource Inc. reported an operating income of 819.20M and revenue of 2.36B, resulting in an operating margin of 34.7%.
ETR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Entergy Corporation reported an operating income of 572.22M and revenue of 3.19B, resulting in an operating margin of 18.0%.
NI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NiSource Inc. reported a net income of 507.10M and revenue of 2.36B, resulting in a net margin of 21.5%.
ETR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Entergy Corporation reported a net income of 390.81M and revenue of 3.19B, resulting in a net margin of 12.3%.
Frequently Asked Questions
NI and ETR have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETR has higher volatility (6.60%) compared to NI (5.69%). In terms of maximum drawdown, NI dropped -65.73% vs ETR's -71.72%.
ETR currently has the higher Sharpe Ratio (2.11 vs 1.32), 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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