PRAX vs. FLNC

Last updated Jun 23, 2026

PRAX (Praxis Precision Medicines, Inc.) and FLNC (Fluence Energy, Inc.) are both stocks. PRAX operates in Biotechnology (Healthcare), while FLNC operates in Utilities - Renewable (Utilities). Over the past 3 years, PRAX returned 160.82%/yr vs 1.80%/yr for FLNC. At a 0.18 correlation, their price movements are largely independent.

Performance

PRAX vs. FLNC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Praxis Precision Medicines, Inc. (PRAX) and Fluence Energy, Inc. (FLNC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRAX achieves a 2.93% return, which is significantly lower than FLNC's 27.35% return.

PRAX

• 1D: 7.47%
• 1M: -11.69%
• YTD: 2.93%
• 6M: 8.20%
• 1Y: 616.56%
• 3Y*: 160.82%
• 5Y*: 0.91%
• 10Y*: —

FLNC

• 1D: 1.57%
• 1M: 17.22%
• YTD: 27.35%
• 6M: 23.18%
• 1Y: 332.08%
• 3Y*: 1.80%
• 5Y*: —
• 10Y*: —

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

PRAX vs. FLNC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PRAX Praxis Precision Medicines, Inc.	2.93%	282.98%	245.42%	-37.59%	-87.92%	-9.09%
FLNC Fluence Energy, Inc.	27.35%	24.56%	-33.42%	39.07%	-51.77%	6.15%

Correlation

The correlation between PRAX and FLNC is -0.00, 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	-0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 28, 2021	0.18

The correlation between PRAX and FLNC shifts across timeframes, from -0.00 (1 year) to 0.18 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PRAX : $8.76B FLNC : $3.33B
EPS PRAX : -$13.77 FLNC : -$0.26
PB Ratio PRAX : 6.22 FLNC : 9.03
Total Revenue (TTM) PRAX : -$92.00K FLNC : $2.58B
Gross Profit (TTM) PRAX : -$128.83M FLNC : $301.68M
EBITDA (TTM) PRAX : -$344.68M FLNC : $4.46M

Return for Risk

PRAX vs. FLNC — Risk / Return Rank

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

PRAX

PRAX Risk / Return Rank: 98
PRAX Sharpe Ratio Rank: 96
PRAX Sortino Ratio Rank: 99
PRAX Omega Ratio Rank: 98
PRAX Calmar Ratio Rank: 99
PRAX Martin Ratio Rank: 99

FLNC

FLNC Risk / Return Rank: 91
FLNC Sharpe Ratio Rank: 93
FLNC Sortino Ratio Rank: 90
FLNC Omega Ratio Rank: 89
FLNC Calmar Ratio Rank: 93
FLNC Martin Ratio Rank: 89

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.

PRAX vs. FLNC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Praxis Precision Medicines, Inc. (PRAX) and Fluence Energy, Inc. (FLNC). 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.

	PRAX	FLNC	Difference
Sharpe ratio: Return per unit of total volatility	3.13	2.62	+0.50
Sortino ratio: Return per unit of downside risk	6.70	3.07	+3.63
Omega ratio: Gain probability vs. loss probability	1.86	1.39	+0.46
Calmar ratio: Return relative to maximum drawdown	17.13	5.29	+11.84
Martin ratio: Return relative to average drawdown	48.37	10.57	+37.80

PRAX vs. FLNC - Sharpe Ratio Comparison

The current PRAX Sharpe Ratio is 3.13, which is comparable to the FLNC Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of PRAX and FLNC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRAX vs. FLNC - Drawdown Comparison

The maximum PRAX drawdown since its inception was -98.67%, which is greater than FLNC's maximum drawdown of -90.40%. Use the drawdown chart below to compare losses from any high point for PRAX and FLNC.

Drawdown Indicators

	PRAX	FLNC	Difference
Max Drawdown Largest peak-to-trough decline	-98.67%	-90.40%	-8.27%
Max Drawdown (1Y) Largest decline over 1 year	-36.33%	-63.30%	+26.97%
Max Drawdown (3Y) Largest decline over 3 years	-68.64%	-88.40%	+19.76%
Max Drawdown (5Y) Largest decline over 5 years	-96.50%	—	—
Current Drawdown Current decline from peak	-66.40%	-33.02%	-33.38%
Average Drawdown Average peak-to-trough decline	-80.53%	-53.62%	-26.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.84%	31.60%	-18.76%

Volatility

PRAX vs. FLNC - Volatility Comparison

The current volatility for Praxis Precision Medicines, Inc. (PRAX) is 32.66%, while Fluence Energy, Inc. (FLNC) has a volatility of 49.21%. This indicates that PRAX experiences smaller price fluctuations and is considered to be less risky than FLNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRAX	FLNC	Difference
Volatility (1M) Calculated over the trailing 1-month period	32.66%	49.21%	-16.55%
Volatility (6M) Calculated over the trailing 6-month period	48.71%	92.07%	-43.36%
Volatility (1Y) Calculated over the trailing 1-year period	199.36%	127.79%	+71.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.61%	98.39%	+29.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123.86%	98.39%	+25.47%

Dividends

PRAX vs. FLNC - Dividend Comparison

Neither PRAX nor FLNC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both PRAX and FLNC in my portfolio?

PRAX and FLNC have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRAX or FLNC?

FLNC has higher volatility (49.21%) compared to PRAX (32.66%). In terms of maximum drawdown, PRAX dropped -98.67% vs FLNC's -90.40%.

Which has better risk-adjusted returns?

PRAX currently has the higher Sharpe Ratio (3.13 vs 2.62), 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.