QXO vs. SMNEY

Last updated Jun 9, 2026

QXO (QXO, Inc) and SMNEY (Siemens Energy AG) are both stocks. QXO operates in Software - Application (Technology), while SMNEY operates in Specialty Industrial Machinery (Industrials). At a 0.12 correlation, their price movements are largely independent.

Performance

QXO vs. SMNEY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in QXO, Inc (QXO) and Siemens Energy AG (SMNEY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QXO

• 1D: -1.40%
• 1M: -17.16%
• YTD: -19.44%
• 6M: -26.94%
• 1Y: -18.21%
• 3Y*: -7.59%
• 5Y*: -19.91%
• 10Y*: 7.76%

SMNEY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QXO vs. SMNEY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
QXO QXO, Inc	-19.44%	21.32%	-86.06%	508.46%	-33.78%	63.72%	-7.87%
SMNEY Siemens Energy AG	25.32%	167.97%	298.17%	-29.76%	-27.66%	-31.90%	21.11%

Correlation

The correlation between QXO and SMNEY is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (All Time) Calculated using the full available price history since Dec 15, 2020	0.12

Fundamentals

Market Cap QXO : $115.68M SMNEY : $152.45B
EPS QXO : -$1.03 SMNEY : $2.16
PS Ratio QXO : 0.91 SMNEY : 3.93
PB Ratio QXO : 0.01 SMNEY : 13.51
Total Revenue (TTM) QXO : $8.56B SMNEY : $39.81B
Gross Profit (TTM) QXO : $1.98B SMNEY : $7.27B
EBITDA (TTM) QXO : -$152.95M SMNEY : $4.73B

Return for Risk

QXO vs. SMNEY — Risk / Return Rank

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

QXO

QXO Risk / Return Rank: 28
QXO Sharpe Ratio Rank: 29
QXO Sortino Ratio Rank: 29
QXO Omega Ratio Rank: 29
QXO Calmar Ratio Rank: 28
QXO Martin Ratio Rank: 25

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.

QXO vs. SMNEY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for QXO, Inc (QXO) and Siemens Energy AG (SMNEY). 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.

	QXO	SMNEY	Difference
Sharpe ratio: Return per unit of total volatility	-0.31	—	—
Sortino ratio: Return per unit of downside risk	-0.09	—	—
Omega ratio: Gain probability vs. loss probability	0.99	—	—
Calmar ratio: Return relative to maximum drawdown	-0.43	—	—
Martin ratio: Return relative to average drawdown	-0.90	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QXO	SMNEY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.31	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.14	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.06	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.05	—	—

Drawdowns

Drawdown Indicators

	QXO	SMNEY	Difference
Max Drawdown Largest peak-to-trough decline	-95.44%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-42.59%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-95.44%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-95.44%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-95.44%	—	—
Current Drawdown Current decline from peak	-93.40%	—	—
Average Drawdown Average peak-to-trough decline	-56.37%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	20.33%	—	—

Volatility

Volatility by Period

	QXO	SMNEY	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.36%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	123.58%	—	—

Dividends

QXO vs. SMNEY - Dividend Comparison

Neither QXO nor SMNEY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
QXO QXO, Inc	0.00%	0.00%	164.53%	1.17%	0.00%	13.42%	31.47%	1.15%	0.00%	1.89%	2.00%
SMNEY Siemens Energy AG	0.00%	0.00%	0.00%	0.00%	0.61%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

QXO vs. SMNEY - Profitability Comparison

The chart below illustrates the profitability comparison between QXO, Inc and Siemens Energy AG over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

QXO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a gross profit of 409.30M and revenue of 1.73B. Therefore, the gross margin over that period was 23.7%.

SMNEY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a gross profit of 2.09B and revenue of 9.68B. Therefore, the gross margin over that period was 21.6%.

QXO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported an operating income of -251.90M and revenue of 1.73B, resulting in an operating margin of -14.6%.

SMNEY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported an operating income of 962.00M and revenue of 9.68B, resulting in an operating margin of 9.9%.

QXO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, QXO, Inc reported a net income of -227.10M and revenue of 1.73B, resulting in a net margin of -13.1%.

SMNEY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Siemens Energy AG reported a net income of 677.00M and revenue of 9.68B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both QXO and SMNEY in my portfolio?

QXO and SMNEY have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.