NRT vs. TTI

Last updated Jun 4, 2026

NRT (North European Oil Royalty Trust) and TTI (TETRA Technologies, Inc.) are both stocks. Both are in the Energy sector — NRT in Oil & Gas Midstream, TTI in Oil & Gas Equipment & Services. Over the past 10 years, NRT returned 10.14%/yr vs 6.02%/yr for TTI. At a 0.17 correlation, their price movements are largely independent.

Performance

NRT vs. TTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in North European Oil Royalty Trust (NRT) and TETRA Technologies, Inc. (TTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRT achieves a 30.68% return, which is significantly higher than TTI's 3.95% return. Over the past 10 years, NRT has outperformed TTI with an annualized return of 10.14%, while TTI has yielded a comparatively lower 6.02% annualized return.

NRT

• 1D: 1.11%
• 1M: -2.45%
• YTD: 30.68%
• 6M: 40.04%
• 1Y: 79.75%
• 3Y*: -4.02%
• 5Y*: 19.02%
• 10Y*: 10.14%

TTI

• 1D: -10.56%
• 1M: 4.62%
• YTD: 3.95%
• 6M: 12.60%
• 1Y: 226.85%
• 3Y*: 50.80%
• 5Y*: 21.03%
• 10Y*: 6.02%

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

NRT vs. TTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRT North European Oil Royalty Trust	30.68%	88.44%	-25.32%	-46.49%	41.92%	269.00%	-46.68%	14.38%	-9.05%	17.23%
TTI TETRA Technologies, Inc.	3.95%	161.73%	-20.80%	30.64%	21.83%	229.66%	-56.05%	16.67%	-60.66%	-12.29%

Correlation

The correlation between NRT and TTI is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (3Y) Calculated over the trailing 3-year period	0.25
Correlation (5Y) Calculated over the trailing 5-year period	0.30
Correlation (10Y) Calculated over the trailing 10-year period	0.24
Correlation (All Time) Calculated using the full available price history since Apr 4, 1990	0.17

The correlation between NRT and TTI shifts across timeframes, from 0.15 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS NRT : $1.57 TTI : $0.05
PE Ratio NRT : 5.22 TTI : 180.56
PEG Ratio NRT : 0.06 TTI : 0.21
PS Ratio NRT : 6.15 TTI : 2.08
Total Revenue (TTM) NRT : $8.14M TTI : $630.05M
Gross Profit (TTM) NRT : $8.14M TTI : $154.82M
EBITDA (TTM) NRT : $7.59M TTI : $85.97M

Return for Risk

NRT vs. TTI — Risk / Return Rank

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

NRT

NRT Risk / Return Rank: 81
NRT Sharpe Ratio Rank: 81
NRT Sortino Ratio Rank: 76
NRT Omega Ratio Rank: 77
NRT Calmar Ratio Rank: 86
NRT Martin Ratio Rank: 86

TTI

TTI Risk / Return Rank: 93
TTI Sharpe Ratio Rank: 97
TTI Sortino Ratio Rank: 92
TTI Omega Ratio Rank: 92
TTI Calmar Ratio Rank: 93
TTI Martin Ratio Rank: 93

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.

NRT vs. TTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for North European Oil Royalty Trust (NRT) and TETRA Technologies, Inc. (TTI). 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.

	NRT	TTI	Difference
Sharpe ratio Return per unit of total volatility	1.50	3.81	-2.31
Sortino ratio Return per unit of downside risk	2.12	3.63	-1.51
Omega ratio Gain probability vs. loss probability	1.28	1.48	-0.20
Calmar ratio Return relative to maximum drawdown	3.76	6.06	-2.30
Martin ratio Return relative to average drawdown	9.64	15.45	-5.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRT vs. TTI - Sharpe Ratio Comparison

The current NRT Sharpe Ratio is 1.50, which is lower than the TTI Sharpe Ratio of 3.81. The chart below compares the historical Sharpe Ratios of NRT and TTI, 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

	NRT	TTI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.50	3.81	-2.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.35	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.19	0.08	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.06	+0.16

Drawdowns

NRT vs. TTI - Drawdown Comparison

The maximum NRT drawdown since its inception was -85.53%, smaller than the maximum TTI drawdown of -99.27%. Use the drawdown chart below to compare losses from any high point for NRT and TTI.

Drawdown Indicators

	NRT	TTI	Difference
Max Drawdown Largest peak-to-trough decline	-85.53%	-99.27%	+13.74%
Max Drawdown (1Y) Largest decline over 1 year	-21.31%	-37.66%	+16.35%
Max Drawdown (3Y) Largest decline over 3 years	-73.57%	-67.43%	-6.14%
Max Drawdown (5Y) Largest decline over 5 years	-73.79%	-67.43%	-6.36%
Max Drawdown (10Y) Largest decline over 10 years	-73.79%	-96.60%	+22.81%
Current Drawdown Current decline from peak	-33.13%	-67.83%	+34.70%
Average Drawdown Average peak-to-trough decline	-23.37%	-55.74%	+32.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.30%	14.75%	-6.45%

Volatility

NRT vs. TTI - Volatility Comparison

The current volatility for North European Oil Royalty Trust (NRT) is 10.64%, while TETRA Technologies, Inc. (TTI) has a volatility of 15.93%. This indicates that NRT experiences smaller price fluctuations and is considered to be less risky than TTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRT	TTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.64%	15.93%	-5.29%
Volatility (6M) Calculated over the trailing 6-month period	44.90%	41.45%	+3.45%
Volatility (1Y) Calculated over the trailing 1-year period	53.68%	60.26%	-6.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.50%	61.23%	-0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.08%	75.52%	-22.44%

Dividends

NRT vs. TTI - Dividend Comparison

NRT's dividend yield for the trailing twelve months is around 12.36%, while TTI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NRT North European Oil Royalty Trust	12.36%	12.31%	11.88%	38.77%	14.42%	4.70%	11.00%	13.87%	12.07%	10.92%	10.15%	17.45%
TTI TETRA Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.34%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both NRT and TTI in my portfolio?

NRT and TTI have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRT or TTI?

TTI has higher volatility (15.93%) compared to NRT (10.64%). In terms of maximum drawdown, NRT dropped -85.53% vs TTI's -99.27%.

Which has better risk-adjusted returns?

TTI currently has the higher Sharpe Ratio (3.81 vs 1.50), 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.