OGE vs. SBR
OGE (OGE Energy Corp.) and SBR (Sabine Royalty Trust) are both stocks. OGE operates in Utilities - Regulated Electric (Utilities), while SBR operates in Oil & Gas E&P (Energy). Over the past 10 years, OGE returned 8.79%/yr vs 16.61%/yr for SBR. Their 0.14 correlation means their historical movements had little consistent relationship.
Performance
OGE vs. SBR - Performance Comparison
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Returns By Period
In the year-to-date period, OGE achieves a 13.96% return, which is significantly higher than SBR's 10.39% return. Over the past 10 years, OGE has underperformed SBR with an annualized return of 8.79%, while SBR has yielded a comparatively higher 16.61% annualized return.
OGE
- 1D
- 0.19%
- 1M
- -3.40%
- 6M
- 10.30%
- YTD
- 13.96%
- 1Y
- 8.36%
- 3Y*
- 14.25%
- 5Y*
- 11.68%
- 10Y*
- 8.79%
- ALL TIME*
- 10.47%
SBR
- 1D
- 0.48%
- 1M
- 0.46%
- 6M
- 5.58%
- YTD
- 10.39%
- 1Y
- 18.31%
- 3Y*
- 11.03%
- 5Y*
- 23.09%
- 10Y*
- 16.61%
- ALL TIME*
- 15.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $71.26M | $67.26M | $67.73M | |
| $2.70M | $2.50M | $2.74M |
OGE vs. SBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OGE OGE Energy Corp. | 13.96% | 7.60% | 23.69% | -7.54% | 7.58% | 26.54% | -24.91% | 17.54% | 23.90% | 1.95% |
SBR Sabine Royalty Trust | 10.39% | 14.04% | 4.06% | -13.10% | 132.08% | 60.71% | -24.24% | 15.77% | -9.61% | 34.83% |
Correlation
The correlation between OGE and SBR is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.16 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.14 |
Fundamentals
OGE:
$9.78B
SBR:
$1.06B
OGE:
$2.29
SBR:
$5.69
OGE:
20.68
SBR:
12.83
OGE:
3.01
SBR:
12.31
OGE:
$3.24B
SBR:
$57.67M
OGE:
$1.73B
SBR:
$58.05M
OGE:
$1.36B
SBR:
$55.09M
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Return for Risk
OGE vs. SBR — Risk / Return Rank
OGE
SBR
OGE vs. SBR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OGE Energy Corp. (OGE) and Sabine Royalty Trust (SBR). 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.
| OGE | SBR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.14 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.85 | 0.96 | -0.12 |
| Martin ratioReturn relative to average drawdown | 1.77 | 1.96 | -0.19 |
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Drawdowns
OGE vs. SBR - Drawdown Comparison
The maximum OGE drawdown since its inception was -48.85%, smaller than the maximum SBR drawdown of -56.40%. Use the drawdown chart below to compare losses from any high point for OGE and SBR.
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Drawdown Indicators
| OGE | SBR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.85% | -56.40% | +7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -9.65% | -18.54% | +8.89% |
Max Drawdown (3Y)Largest decline over 3 years | -11.28% | -18.54% | +7.26% |
Max Drawdown (5Y)Largest decline over 5 years | -21.94% | -34.56% | +12.62% |
Max Drawdown (10Y)Largest decline over 10 years | -48.85% | -50.71% | +1.86% |
Current DrawdownCurrent decline from peak | -5.21% | -6.63% | +1.42% |
Average DrawdownAverage peak-to-trough decline | -9.22% | -13.61% | +4.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.61% | 9.10% | -4.49% |
Volatility
OGE vs. SBR - Volatility Comparison
OGE Energy Corp. (OGE) has a higher volatility of 6.25% compared to Sabine Royalty Trust (SBR) at 3.84%. This indicates that OGE's price experiences larger fluctuations and is considered to be riskier than SBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OGE | SBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.25% | 3.84% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 13.41% | 15.20% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 24.44% | -7.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.78% | 31.69% | -12.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.99% | 31.21% | -9.22% |
Dividends
OGE vs. SBR - Dividend Comparison
OGE's dividend yield for the trailing twelve months is around 3.59%, less than SBR's 6.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OGE OGE Energy Corp. | 3.59% | 3.95% | 4.06% | 4.75% | 4.16% | 4.21% | 4.91% | 3.33% | 3.48% | 3.77% | 3.37% | 3.90% |
SBR Sabine Royalty Trust | 6.71% | 7.53% | 8.41% | 9.41% | 10.13% | 7.72% | 8.59% | 7.49% | 8.98% | 5.31% | 5.50% | 11.82% |
Financials
OGE vs. SBR - Financials Comparison
This section allows you to compare key financial metrics between OGE Energy Corp. and Sabine Royalty Trust. 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
Frequently Asked Questions
OGE and SBR 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.
OGE has higher volatility (6.25%) compared to SBR (3.84%). In terms of maximum drawdown, OGE dropped -48.85% vs SBR's -56.40%.
SBR currently has the higher Sharpe Ratio (0.73 vs 0.49), 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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