NJR vs. POR
NJR (New Jersey Resources Corporation) and POR (Portland General Electric Company) are both stocks. Both are in the Utilities sector — NJR in Utilities - Regulated Gas, POR in Utilities - Regulated Electric. Over the past 10 years, NJR returned 7.84%/yr vs 5.64%/yr for POR. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
NJR vs. POR - Performance Comparison
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Returns By Period
In the year-to-date period, NJR achieves a 24.03% return, which is significantly higher than POR's 7.40% return. Over the past 10 years, NJR has outperformed POR with an annualized return of 7.84%, while POR has yielded a comparatively lower 5.64% annualized return.
NJR
- 1D
- 2.55%
- 1M
- -0.99%
- YTD
- 24.03%
- 6M
- 23.86%
- 1Y
- 28.95%
- 3Y*
- 11.11%
- 5Y*
- 10.27%
- 10Y*
- 7.84%
POR
- 1D
- 1.63%
- 1M
- 2.39%
- YTD
- 7.40%
- 6M
- 8.83%
- 1Y
- 30.13%
- 3Y*
- 7.88%
- 5Y*
- 5.88%
- 10Y*
- 5.64%
NJR vs. POR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 24.03% | 2.91% | 8.72% | -6.94% | 24.93% | 19.60% | -16.86% | 0.13% | 16.57% | 16.18% |
POR Portland General Electric Company | 7.40% | 15.37% | 5.30% | -7.74% | -4.00% | 28.12% | -20.19% | 25.10% | 3.95% | 8.31% |
Correlation
The correlation between NJR and POR is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.65 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.65 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Mar 31, 2006 | 0.63 |
The correlation between NJR and POR has been stable across timeframes, ranging from 0.63 to 0.65 - a consistent structural relationship.
Fundamentals
NJR:
$5.70B
POR:
$5.65B
NJR:
$3.38
POR:
$2.25
NJR:
16.63
POR:
22.68
NJR:
0.44
POR:
14.09
NJR:
2.57
POR:
1.64
NJR:
$2.21B
POR:
$3.48B
NJR:
$613.25M
POR:
$1.67B
NJR:
$743.74M
POR:
$1.13B
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Return for Risk
NJR vs. POR — Risk / Return Rank
NJR
POR
NJR vs. POR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Jersey Resources Corporation (NJR) and Portland General Electric Company (POR). 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.
| NJR | POR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 2.36 | +0.98 |
| Martin ratioReturn relative to average drawdown | 8.90 | 7.43 | +1.47 |
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Drawdowns
NJR vs. POR - Drawdown Comparison
The maximum NJR drawdown since its inception was -50.72%, roughly equal to the maximum POR drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for NJR and POR.
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Drawdown Indicators
| NJR | POR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.72% | -53.30% | +2.58% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -12.80% | +4.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.20% | -19.99% | +3.79% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -27.54% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -50.72% | -45.04% | -5.68% |
Current DrawdownCurrent decline from peak | -2.56% | -5.92% | +3.36% |
Average DrawdownAverage peak-to-trough decline | -7.54% | -14.03% | +6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 4.07% | -0.81% |
Volatility
NJR vs. POR - Volatility Comparison
The current volatility for New Jersey Resources Corporation (NJR) is 6.41%, while Portland General Electric Company (POR) has a volatility of 6.84%. This indicates that NJR experiences smaller price fluctuations and is considered to be less risky than POR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NJR | POR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 6.84% | -0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 12.57% | 14.05% | -1.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.32% | 18.61% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.74% | 20.81% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.08% | 24.08% | +4.00% |
Dividends
NJR vs. POR - Dividend Comparison
NJR's dividend yield for the trailing twelve months is around 3.38%, less than POR's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 3.38% | 4.01% | 3.73% | 3.63% | 3.03% | 3.39% | 3.63% | 2.71% | 2.47% | 2.62% | 2.79% | 2.82% |
POR Portland General Electric Company | 4.12% | 4.32% | 4.53% | 4.33% | 3.65% | 3.21% | 3.71% | 2.72% | 3.11% | 2.94% | 2.91% | 3.24% |
Financials
NJR vs. POR - Financials Comparison
This section allows you to compare key financial metrics between New Jersey Resources Corporation and Portland General Electric Company. 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
NJR vs. POR - Profitability Comparison
NJR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported a gross profit of 301.03M and revenue of 939.40M. Therefore, the gross margin over that period was 32.0%.
POR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Portland General Electric Company reported a gross profit of 518.00M and revenue of 879.00M. Therefore, the gross margin over that period was 58.9%.
NJR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported an operating income of 301.03M and revenue of 939.40M, resulting in an operating margin of 32.0%.
POR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Portland General Electric Company reported an operating income of 107.00M and revenue of 879.00M, resulting in an operating margin of 12.2%.
NJR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, New Jersey Resources Corporation reported a net income of 218.91M and revenue of 939.40M, resulting in a net margin of 23.3%.
POR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Portland General Electric Company reported a net income of 45.00M and revenue of 879.00M, resulting in a net margin of 5.1%.
Frequently Asked Questions
NJR and POR have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
POR has higher volatility (6.84%) compared to NJR (6.41%). In terms of maximum drawdown, NJR dropped -50.72% vs POR's -53.30%.
NJR currently has the higher Sharpe Ratio (1.69 vs 1.63), 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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