ORKLY vs. EQT

Last updated Jun 4, 2026

ORKLY (Orkla ASA ADR) and EQT (EQT Corporation) are both stocks. ORKLY operates in Packaged Foods (Consumer Defensive), while EQT operates in Oil & Gas E&P (Energy). Over the past 10 years, ORKLY returned 7.10%/yr vs 4.02%/yr for EQT. At a 0.21 correlation, their price movements are largely independent.

Performance

ORKLY vs. EQT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Orkla ASA ADR (ORKLY) and EQT Corporation (EQT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ORKLY achieves a -1.71% return, which is significantly lower than EQT's 2.20% return. Over the past 10 years, ORKLY has outperformed EQT with an annualized return of 7.10%, while EQT has yielded a comparatively lower 4.02% annualized return.

ORKLY

• 1D: 0.86%
• 1M: -13.65%
• YTD: -1.71%
• 6M: 3.51%
• 1Y: -3.09%
• 3Y*: 21.28%
• 5Y*: 5.84%
• 10Y*: 7.10%

EQT

• 1D: -0.38%
• 1M: -7.54%
• YTD: 2.20%
• 6M: -10.45%
• 1Y: -2.72%
• 3Y*: 15.86%
• 5Y*: 22.14%
• 10Y*: 4.02%

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

ORKLY vs. EQT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ORKLY Orkla ASA ADR	-1.71%	40.51%	20.68%	12.50%	-26.08%	3.09%	2.97%	35.36%	-24.15%	33.67%
EQT EQT Corporation	2.20%	17.64%	21.41%	16.20%	57.64%	71.60%	17.27%	-41.82%	-38.82%	-12.80%

Correlation

The correlation between ORKLY and EQT is 0.04, 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	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.17
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jul 16, 2007	0.21

The correlation between ORKLY and EQT shifts across timeframes, from 0.04 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap ORKLY : $10.36B EQT : $34.05B
EPS ORKLY : $11.41 EQT : $5.40
PE Ratio ORKLY : 0.92 EQT : 10.08
PEG Ratio ORKLY : 0.03 EQT : 0.08
PS Ratio ORKLY : 0.15 EQT : 3.37
PB Ratio ORKLY : 0.22 EQT : 1.36
Total Revenue (TTM) ORKLY : $71.77B EQT : $10.03B
Gross Profit (TTM) ORKLY : $71.77B EQT : $6.43B
EBITDA (TTM) ORKLY : $11.87B EQT : $7.48B

Return for Risk

ORKLY vs. EQT — Risk / Return Rank

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

ORKLY

ORKLY Risk / Return Rank: 33
ORKLY Sharpe Ratio Rank: 35
ORKLY Sortino Ratio Rank: 29
ORKLY Omega Ratio Rank: 29
ORKLY Calmar Ratio Rank: 36
ORKLY Martin Ratio Rank: 34

EQT

EQT Risk / Return Rank: 34
EQT Sharpe Ratio Rank: 37
EQT Sortino Ratio Rank: 32
EQT Omega Ratio Rank: 31
EQT Calmar Ratio Rank: 35
EQT 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.

ORKLY vs. EQT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Orkla ASA ADR (ORKLY) and EQT Corporation (EQT). 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.

	ORKLY	EQT	Difference
Sharpe ratio Return per unit of total volatility	-0.14	-0.08	-0.06
Sortino ratio Return per unit of downside risk	-0.05	0.11	-0.16
Omega ratio Gain probability vs. loss probability	0.99	1.01	-0.02
Calmar ratio Return relative to maximum drawdown	-0.15	-0.14	-0.01
Martin ratio Return relative to average drawdown	-0.40	-0.25	-0.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ORKLY vs. EQT - Sharpe Ratio Comparison

The current ORKLY Sharpe Ratio is -0.14, which is lower than the EQT Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of ORKLY and EQT, 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

	ORKLY	EQT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.14	-0.08	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.52	-0.26
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	0.08	+0.22
Sharpe Ratio (All Time) Calculated using the full available price history	0.04	0.30	-0.27

Drawdowns

ORKLY vs. EQT - Drawdown Comparison

The maximum ORKLY drawdown since its inception was -93.67%, roughly equal to the maximum EQT drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for ORKLY and EQT.

Drawdown Indicators

	ORKLY	EQT	Difference
Max Drawdown Largest peak-to-trough decline	-93.67%	-91.51%	-2.16%
Max Drawdown (1Y) Largest decline over 1 year	-20.81%	-19.59%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-20.81%	-31.62%	+10.81%
Max Drawdown (5Y) Largest decline over 5 years	-38.38%	-42.56%	+4.18%
Max Drawdown (10Y) Largest decline over 10 years	-38.38%	-88.28%	+49.90%
Current Drawdown Current decline from peak	-56.89%	-19.59%	-37.30%
Average Drawdown Average peak-to-trough decline	-77.46%	-23.34%	-54.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.68%	10.88%	-3.20%

Volatility

ORKLY vs. EQT - Volatility Comparison

Orkla ASA ADR (ORKLY) has a higher volatility of 9.16% compared to EQT Corporation (EQT) at 7.67%. This indicates that ORKLY's price experiences larger fluctuations and is considered to be riskier than EQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ORKLY	EQT	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.16%	7.67%	+1.49%
Volatility (6M) Calculated over the trailing 6-month period	17.70%	21.75%	-4.05%
Volatility (1Y) Calculated over the trailing 1-year period	21.77%	32.54%	-10.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.55%	42.80%	-20.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.31%	48.92%	-25.61%

Dividends

ORKLY vs. EQT - Dividend Comparison

ORKLY's dividend yield for the trailing twelve months is around 5.98%, more than EQT's 1.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQT EQT Corporation	1.20%	1.19%	1.37%	1.57%	1.63%	0.00%	0.24%	1.10%	0.42%	0.21%	0.18%	0.23%
ORKLY Orkla ASA ADR	5.98%	8.40%	6.46%	3.70%	4.81%	3.22%	2.18%	3.01%	4.34%	11.86%	6.83%	4.12%

Financials

ORKLY vs. EQT - Profitability Comparison

The chart below illustrates the profitability comparison between Orkla ASA ADR and EQT Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ORKLY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Orkla ASA ADR reported a gross profit of 17.40B and revenue of 17.40B. Therefore, the gross margin over that period was 100.0%.

EQT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a gross profit of 3.32B and revenue of 3.38B. Therefore, the gross margin over that period was 98.4%.

ORKLY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Orkla ASA ADR reported an operating income of 1.74B and revenue of 17.40B, resulting in an operating margin of 10.0%.

EQT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported an operating income of 2.04B and revenue of 3.38B, resulting in an operating margin of 60.3%.

ORKLY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Orkla ASA ADR reported a net income of 1.69B and revenue of 17.40B, resulting in a net margin of 9.7%.

EQT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a net income of 1.55B and revenue of 3.38B, resulting in a net margin of 46.0%.

Frequently Asked Questions

Can I hold both ORKLY and EQT in my portfolio?

ORKLY and EQT have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ORKLY or EQT?

ORKLY has higher volatility (9.16%) compared to EQT (7.67%). In terms of maximum drawdown, ORKLY dropped -93.67% vs EQT's -91.51%.

Which has better risk-adjusted returns?

EQT currently has the higher Sharpe Ratio (-0.08 vs -0.14), 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.