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QTWO vs. ET
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between QTWO and ET is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

QTWO vs. ET - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Q2 Holdings, Inc. (QTWO) and Energy Transfer LP (ET). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

QTWO:

1.02

ET:

0.77

Sortino Ratio

QTWO:

1.58

ET:

1.21

Omega Ratio

QTWO:

1.20

ET:

1.17

Calmar Ratio

QTWO:

0.66

ET:

0.88

Martin Ratio

QTWO:

2.59

ET:

2.70

Ulcer Index

QTWO:

15.60%

ET:

7.97%

Daily Std Dev

QTWO:

42.92%

ET:

27.54%

Max Drawdown

QTWO:

-85.77%

ET:

-87.81%

Current Drawdown

QTWO:

-40.34%

ET:

-14.11%

Fundamentals

Market Cap

QTWO:

$5.45B

ET:

$60.67B

EPS

QTWO:

-$0.34

ET:

$1.31

PEG Ratio

QTWO:

8.94

ET:

0.82

PS Ratio

QTWO:

7.57

ET:

0.74

PB Ratio

QTWO:

9.91

ET:

1.72

Total Revenue (TTM)

QTWO:

$720.69M

ET:

$82.06B

Gross Profit (TTM)

QTWO:

$368.43M

ET:

$15.84B

EBITDA (TTM)

QTWO:

$51.01M

ET:

$15.57B

Returns By Period

In the year-to-date period, QTWO achieves a -13.05% return, which is significantly lower than ET's -7.58% return. Over the past 10 years, QTWO has outperformed ET with an annualized return of 13.55%, while ET has yielded a comparatively lower 1.71% annualized return.


QTWO

YTD

-13.05%

1M

10.57%

6M

-16.44%

1Y

43.90%

3Y*

18.40%

5Y*

1.16%

10Y*

13.55%

ET

YTD

-7.58%

1M

7.78%

6M

-8.84%

1Y

20.09%

3Y*

24.55%

5Y*

26.96%

10Y*

1.71%

*Annualized

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Q2 Holdings, Inc.

Energy Transfer LP

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

QTWO vs. ET — Risk-Adjusted Performance Rank

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

QTWO
The Risk-Adjusted Performance Rank of QTWO is 7878
Overall Rank
The Sharpe Ratio Rank of QTWO is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of QTWO is 7878
Sortino Ratio Rank
The Omega Ratio Rank of QTWO is 7676
Omega Ratio Rank
The Calmar Ratio Rank of QTWO is 7676
Calmar Ratio Rank
The Martin Ratio Rank of QTWO is 7676
Martin Ratio Rank

ET
The Risk-Adjusted Performance Rank of ET is 7575
Overall Rank
The Sharpe Ratio Rank of ET is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of ET is 7070
Sortino Ratio Rank
The Omega Ratio Rank of ET is 7070
Omega Ratio Rank
The Calmar Ratio Rank of ET is 8181
Calmar Ratio Rank
The Martin Ratio Rank of ET is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QTWO vs. ET - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Q2 Holdings, Inc. (QTWO) and Energy Transfer LP (ET). 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.


The current QTWO Sharpe Ratio is 1.02, which is higher than the ET Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of QTWO and ET, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

QTWO vs. ET - Dividend Comparison

QTWO has not paid dividends to shareholders, while ET's dividend yield for the trailing twelve months is around 7.41%.


TTM20242023202220212020201920182017201620152014
QTWO
Q2 Holdings, Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ET
Energy Transfer LP
7.41%6.51%8.96%7.33%7.44%17.28%9.51%9.24%6.66%5.90%7.42%2.61%

Drawdowns

QTWO vs. ET - Drawdown Comparison

The maximum QTWO drawdown since its inception was -85.77%, roughly equal to the maximum ET drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for QTWO and ET.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

QTWO vs. ET - Volatility Comparison

Q2 Holdings, Inc. (QTWO) has a higher volatility of 13.93% compared to Energy Transfer LP (ET) at 9.56%. This indicates that QTWO's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

QTWO vs. ET - Financials Comparison

This section allows you to compare key financial metrics between Q2 Holdings, Inc. and Energy Transfer LP. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


0.005.00B10.00B15.00B20.00B25.00B20212022202320242025
189.74M
21.02B
(QTWO) Total Revenue
(ET) Total Revenue
Values in USD except per share items

QTWO vs. ET - Profitability Comparison

The chart below illustrates the profitability comparison between Q2 Holdings, Inc. and Energy Transfer LP over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

10.0%20.0%30.0%40.0%50.0%20212022202320242025
53.2%
19.4%
(QTWO) Gross Margin
(ET) Gross Margin
QTWO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Q2 Holdings, Inc. reported a gross profit of 100.99M and revenue of 189.74M. Therefore, the gross margin over that period was 53.2%.

ET - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2025, Energy Transfer LP reported a gross profit of 4.08B and revenue of 21.02B. Therefore, the gross margin over that period was 19.4%.

QTWO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Q2 Holdings, Inc. reported an operating income of 2.19M and revenue of 189.74M, resulting in an operating margin of 1.2%.

ET - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2025, Energy Transfer LP reported an operating income of 2.49B and revenue of 21.02B, resulting in an operating margin of 11.9%.

QTWO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Q2 Holdings, Inc. reported a net income of 4.75M and revenue of 189.74M, resulting in a net margin of 2.5%.

ET - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2025, Energy Transfer LP reported a net income of 1.32B and revenue of 21.02B, resulting in a net margin of 6.3%.