NRGV vs. PCYO

Last updated Jun 3, 2026

NRGV (Energy Vault Holdings, Inc.) and PCYO (Pure Cycle Corporation) are both stocks. Both are in the Utilities sector — NRGV in Utilities - Renewable, PCYO in Utilities - Regulated Water. Over the past 3 years, NRGV returned 34.84%/yr vs 1.48%/yr for PCYO. At a 0.24 correlation, their price movements are largely independent.

Performance

NRGV vs. PCYO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Energy Vault Holdings, Inc. (NRGV) and Pure Cycle Corporation (PCYO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRGV achieves a 27.11% return, which is significantly higher than PCYO's -4.91% return.

NRGV

• 1D: 9.53%
• 1M: 33.79%
• YTD: 27.11%
• 6M: 75.45%
• 1Y: 611.34%
• 3Y*: 34.84%
• 5Y*: —
• 10Y*: —

PCYO

• 1D: -0.57%
• 1M: -9.13%
• YTD: -4.91%
• 6M: -8.65%
• 1Y: -0.10%
• 3Y*: 1.48%
• 5Y*: -6.13%
• 10Y*: 8.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NRGV vs. PCYO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NRGV Energy Vault Holdings, Inc.	27.11%	102.19%	-2.15%	-25.32%	-66.77%
PCYO Pure Cycle Corporation	-4.91%	-13.33%	21.11%	-0.10%	-11.86%

Correlation

The correlation between NRGV and PCYO is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (All Time) Calculated using the full available price history since Feb 15, 2022	0.24

The correlation between NRGV and PCYO shifts across timeframes, from 0.10 (1 year) to 0.26 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap NRGV : $1.01B PCYO : $252.60M
EPS NRGV : -$0.70 PCYO : $0.61
PS Ratio NRGV : 4.46 PCYO : 8.24
PB Ratio NRGV : 33.07 PCYO : 1.70
Total Revenue (TTM) NRGV : $217.02M PCYO : $30.64M
Gross Profit (TTM) NRGV : $47.90M PCYO : $18.62M
EBITDA (TTM) NRGV : -$75.37M PCYO : $19.50M

Return for Risk

NRGV vs. PCYO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NRGV

NRGV Risk / Return Rank: 96
NRGV Sharpe Ratio Rank: 99
NRGV Sortino Ratio Rank: 94
NRGV Omega Ratio Rank: 92
NRGV Calmar Ratio Rank: 98
NRGV Martin Ratio Rank: 97

PCYO

PCYO Risk / Return Rank: 36
PCYO Sharpe Ratio Rank: 40
PCYO Sortino Ratio Rank: 34
PCYO Omega Ratio Rank: 34
PCYO Calmar Ratio Rank: 37
PCYO Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NRGV vs. PCYO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Energy Vault Holdings, Inc. (NRGV) and Pure Cycle Corporation (PCYO). 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.

	NRGV	PCYO	Difference
Sharpe ratio Return per unit of total volatility	5.87	-0.00	+5.87
Sortino ratio Return per unit of downside risk	3.88	0.21	+3.67
Omega ratio Gain probability vs. loss probability	1.50	1.03	+0.48
Calmar ratio Return relative to maximum drawdown	11.97	-0.09	+12.06
Martin ratio Return relative to average drawdown	25.01	-0.21	+25.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRGV vs. PCYO - Sharpe Ratio Comparison

The current NRGV Sharpe Ratio is 5.87, which is higher than the PCYO Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of NRGV and PCYO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NRGV	PCYO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.87	-0.00	+5.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.19	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	0.06	-0.15

Drawdowns

NRGV vs. PCYO - Drawdown Comparison

The maximum NRGV drawdown since its inception was -97.09%, which is greater than PCYO's maximum drawdown of -89.13%. Use the drawdown chart below to compare losses from any high point for NRGV and PCYO.

Drawdown Indicators

	NRGV	PCYO	Difference
Max Drawdown Largest peak-to-trough decline	-97.09%	-89.13%	-7.96%
Max Drawdown (1Y) Largest decline over 1 year	-50.91%	-17.50%	-33.41%
Max Drawdown (3Y) Largest decline over 3 years	-81.48%	-33.36%	-48.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-51.46%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-52.49%	—
Current Drawdown Current decline from peak	-72.92%	-36.44%	-36.48%
Average Drawdown Average peak-to-trough decline	-82.81%	-52.45%	-30.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.36%	7.79%	+16.57%

Volatility

NRGV vs. PCYO - Volatility Comparison

Energy Vault Holdings, Inc. (NRGV) has a higher volatility of 36.08% compared to Pure Cycle Corporation (PCYO) at 9.42%. This indicates that NRGV's price experiences larger fluctuations and is considered to be riskier than PCYO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRGV	PCYO	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.08%	9.42%	+26.66%
Volatility (6M) Calculated over the trailing 6-month period	73.21%	23.84%	+49.37%
Volatility (1Y) Calculated over the trailing 1-year period	105.09%	29.68%	+75.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	113.35%	32.24%	+81.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	113.35%	35.82%	+77.53%

Dividends

NRGV vs. PCYO - Dividend Comparison

Neither NRGV nor PCYO has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both NRGV and PCYO in my portfolio?

NRGV and PCYO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRGV or PCYO?

NRGV has higher volatility (36.08%) compared to PCYO (9.42%). In terms of maximum drawdown, NRGV dropped -97.09% vs PCYO's -89.13%.

Which has better risk-adjusted returns?

NRGV currently has the higher Sharpe Ratio (5.87 vs -0.00), 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.