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 8.69%/yr vs 16.92%/yr for SBR. At a 0.14 correlation, their price movements are largely independent.
Performance
OGE vs. SBR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OGE achieves a 13.80% return, which is significantly higher than SBR's 8.57% return. Over the past 10 years, OGE has underperformed SBR with an annualized return of 8.69%, while SBR has yielded a comparatively higher 16.92% annualized return.
OGE
- 1D
- 0.82%
- 1M
- -1.75%
- YTD
- 13.80%
- 6M
- 12.92%
- 1Y
- 12.63%
- 3Y*
- 14.96%
- 5Y*
- 11.86%
- 10Y*
- 8.69%
SBR
- 1D
- -0.07%
- 1M
- -5.61%
- YTD
- 8.57%
- 6M
- 9.14%
- 1Y
- 16.68%
- 3Y*
- 12.80%
- 5Y*
- 23.74%
- 10Y*
- 16.92%
OGE vs. SBR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OGE OGE Energy Corp. | 13.80% | 7.60% | 23.69% | -7.54% | 7.58% | 26.54% | -24.91% | 17.54% | 23.90% | 1.95% |
SBR Sabine Royalty Trust | 8.57% | 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 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.14 |
The correlation between OGE and SBR shifts across timeframes, from 0.02 (1 year) to 0.15 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
OGE:
$2.25
SBR:
$5.06
OGE:
21.18
SBR:
14.28
OGE:
2.97
SBR:
13.70
OGE:
$3.27B
SBR:
$57.67M
OGE:
$1.93B
SBR:
$58.05M
OGE:
$1.24B
SBR:
$55.09M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.13 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.31 | 0.90 | +0.41 |
| Martin ratioReturn relative to average drawdown | 2.77 | 1.89 | +0.88 |
Loading charts...
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.
Loading charts...
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 | -13.65% | -18.54% | +4.89% |
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 | -4.35% | -8.18% | +3.83% |
Average DrawdownAverage peak-to-trough decline | -9.24% | -13.63% | +4.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.57% | 8.83% | -4.26% |
Volatility
OGE vs. SBR - Volatility Comparison
The current volatility for OGE Energy Corp. (OGE) is 6.26%, while Sabine Royalty Trust (SBR) has a volatility of 7.49%. This indicates that OGE experiences smaller price fluctuations and is considered to be less risky than SBR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OGE | SBR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.26% | 7.49% | -1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 15.98% | -3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.27% | 24.54% | -8.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.73% | 31.83% | -13.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.98% | 31.35% | -9.37% |
Dividends
OGE vs. SBR - Dividend Comparison
OGE's dividend yield for the trailing twelve months is around 3.56%, less than SBR's 6.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OGE OGE Energy Corp. | 3.56% | 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 | 6.66% | 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 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBR has higher volatility (7.49%) compared to OGE (6.26%). In terms of maximum drawdown, OGE dropped -48.85% vs SBR's -56.40%.
OGE currently has the higher Sharpe Ratio (0.78 vs 0.68), 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.
Find the right allocation for OGE and SBR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer