PWR vs. NEGG

Last updated Jun 13, 2026

PWR (Quanta Services, Inc.) and NEGG (Newegg Commerce, Inc.) are both stocks. PWR operates in Engineering & Construction (Industrials), while NEGG operates in Internet Retail (Consumer Cyclical). Over the past 10 years, PWR returned 41.17%/yr vs -23.00%/yr for NEGG. At a 0.11 correlation, their price movements are largely independent.

Performance

PWR vs. NEGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quanta Services, Inc. (PWR) and Newegg Commerce, Inc. (NEGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PWR achieves a 67.76% return, which is significantly higher than NEGG's -63.49% return. Over the past 10 years, PWR has outperformed NEGG with an annualized return of 41.17%, while NEGG has yielded a comparatively lower -23.00% annualized return.

PWR

• 1D: 3.58%
• 1M: -8.53%
• YTD: 67.76%
• 6M: 61.62%
• 1Y: 97.52%
• 3Y*: 56.60%
• 5Y*: 50.60%
• 10Y*: 41.17%

NEGG

• 1D: -0.43%
• 1M: -20.37%
• YTD: -63.49%
• 6M: -70.11%
• 1Y: 77.83%
• 3Y*: -9.01%
• 5Y*: -38.30%
• 10Y*: -23.00%

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

PWR vs. NEGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PWR Quanta Services, Inc.	67.76%	33.70%	46.60%	51.70%	24.63%	59.50%	77.74%	35.84%	-22.93%	12.22%
NEGG Newegg Commerce, Inc.	-63.49%	540.26%	-68.54%	-3.82%	-87.37%	149.88%	52.57%	-70.00%	-35.23%	16.67%

Correlation

The correlation between PWR and NEGG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.24
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Apr 22, 2010	0.11

The correlation between PWR and NEGG shifts across timeframes, from 0.11 (all time) to 0.24 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS PWR : $7.29 NEGG : -$1.16
PS Ratio PWR : 3.58 NEGG : 0.28
Total Revenue (TTM) PWR : $29.99B NEGG : $1.31B
Gross Profit (TTM) PWR : $4.08B NEGG : $148.16M
EBITDA (TTM) PWR : $2.40B NEGG : -$19.73M

Return for Risk

PWR vs. NEGG — Risk / Return Rank

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

PWR

PWR Risk / Return Rank: 93
PWR Sharpe Ratio Rank: 94
PWR Sortino Ratio Rank: 92
PWR Omega Ratio Rank: 92
PWR Calmar Ratio Rank: 94
PWR Martin Ratio Rank: 95

NEGG

NEGG Risk / Return Rank: 66
NEGG Sharpe Ratio Rank: 58
NEGG Sortino Ratio Rank: 79
NEGG Omega Ratio Rank: 75
NEGG Calmar Ratio Rank: 62
NEGG Martin Ratio Rank: 57

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.

PWR vs. NEGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quanta Services, Inc. (PWR) and Newegg Commerce, Inc. (NEGG). 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.

	PWR	NEGG	Difference
Sharpe ratio: Return per unit of total volatility	2.64	0.43	+2.21
Sortino ratio: Return per unit of downside risk	3.32	2.15	+1.16
Omega ratio: Gain probability vs. loss probability	1.44	1.25	+0.20
Calmar ratio: Return relative to maximum drawdown	5.73	0.90	+4.83
Martin ratio: Return relative to average drawdown	18.09	1.35	+16.74

PWR vs. NEGG - Sharpe Ratio Comparison

The current PWR Sharpe Ratio is 2.64, which is higher than the NEGG Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of PWR and NEGG, 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

PWR vs. NEGG - Drawdown Comparison

The maximum PWR drawdown since its inception was -97.07%, roughly equal to the maximum NEGG drawdown of -99.83%. Use the drawdown chart below to compare losses from any high point for PWR and NEGG.

Drawdown Indicators

	PWR	NEGG	Difference
Max Drawdown Largest peak-to-trough decline	-97.07%	-99.83%	+2.76%
Max Drawdown (1Y) Largest decline over 1 year	-17.11%	-86.90%	+69.79%
Max Drawdown (3Y) Largest decline over 3 years	-33.89%	-90.28%	+56.39%
Max Drawdown (5Y) Largest decline over 5 years	-33.89%	-99.74%	+65.85%
Max Drawdown (10Y) Largest decline over 10 years	-45.53%	-99.74%	+54.21%
Current Drawdown Current decline from peak	-9.87%	-99.08%	+89.21%
Average Drawdown Average peak-to-trough decline	-46.84%	-85.54%	+38.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.41%	58.06%	-52.65%

Volatility

PWR vs. NEGG - Volatility Comparison

The current volatility for Quanta Services, Inc. (PWR) is 13.07%, while Newegg Commerce, Inc. (NEGG) has a volatility of 22.82%. This indicates that PWR experiences smaller price fluctuations and is considered to be less risky than NEGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PWR	NEGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.07%	22.82%	-9.75%
Volatility (6M) Calculated over the trailing 6-month period	30.74%	64.39%	-33.65%
Volatility (1Y) Calculated over the trailing 1-year period	37.12%	182.18%	-145.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.79%	152.40%	-116.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.78%	145.24%	-111.46%

Dividends

PWR vs. NEGG - Dividend Comparison

PWR's dividend yield for the trailing twelve months is around 0.06%, while NEGG has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NEGG Newegg Commerce, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PWR Quanta Services, Inc.	0.06%	0.09%	0.09%	0.15%	0.25%	0.16%	0.29%	0.42%	0.13%

Financials

Frequently Asked Questions

Can I hold both PWR and NEGG in my portfolio?

PWR and NEGG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PWR or NEGG?

NEGG has higher volatility (22.82%) compared to PWR (13.07%). In terms of maximum drawdown, PWR dropped -97.07% vs NEGG's -99.83%.

Which has better risk-adjusted returns?

PWR currently has the higher Sharpe Ratio (2.64 vs 0.43), 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.