RENX vs. ENLT
RENX (RenX Enterprises Corp.) and ENLT (Enlight Renewable Energy Ltd. Ordinary Shares) are both stocks. RENX operates in Real Estate - Development (Real Estate), while ENLT operates in Utilities - Renewable (Utilities). Over the past year, RENX returned -90.17% vs 276.85% for ENLT. At a 0.08 correlation, their price movements are largely independent.
Performance
RENX vs. ENLT - Performance Comparison
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Returns By Period
In the year-to-date period, RENX achieves a -54.47% return, which is significantly lower than ENLT's 94.48% return.
RENX
- 1D
- 4.22%
- 1M
- 9.49%
- YTD
- -54.47%
- 6M
- -65.86%
- 1Y
- -90.17%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ENLT
- 1D
- -3.01%
- 1M
- -14.63%
- YTD
- 94.48%
- 6M
- 93.25%
- 1Y
- 276.85%
- 3Y*
- 70.52%
- 5Y*
- —
- 10Y*
- —
RENX vs. ENLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
RENX RenX Enterprises Corp. | -54.47% | -92.15% | -90.46% | -74.73% |
ENLT Enlight Renewable Energy Ltd. Ordinary Shares | 94.48% | 163.61% | -9.90% | 16.64% |
Correlation
The correlation between RENX and ENLT is 0.09, 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 | 0.09 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2023 | 0.08 |
Fundamentals
RENX:
$842.47K
ENLT:
$12.97B
RENX:
-$52.14
ENLT:
$0.68
RENX:
0.06
ENLT:
15.02
RENX:
0.68
ENLT:
6.11
RENX:
$12.16M
ENLT:
$813.08M
RENX:
$3.14M
ENLT:
$446.15M
RENX:
-$9.71M
ENLT:
$670.45M
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Return for Risk
RENX vs. ENLT — Risk / Return Rank
RENX
ENLT
RENX vs. ENLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for RenX Enterprises Corp. (RENX) and Enlight Renewable Energy Ltd. Ordinary Shares (ENLT). 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.
| RENX | ENLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -5.49 | ||
| Sortino ratioReturn per unit of downside risk | -4.80 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.57 | -0.63 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 11.14 | -12.08 |
| Martin ratioReturn relative to average drawdown | -1.25 | 43.78 | -45.03 |
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Drawdowns
RENX vs. ENLT - Drawdown Comparison
The maximum RENX drawdown since its inception was -99.94%, which is greater than ENLT's maximum drawdown of -39.32%. Use the drawdown chart below to compare losses from any high point for RENX and ENLT.
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Drawdown Indicators
| RENX | ENLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.94% | -39.32% | -60.62% |
Max Drawdown (1Y)Largest decline over 1 year | -96.32% | -25.03% | -71.29% |
Max Drawdown (3Y)Largest decline over 3 years | — | -39.17% | — |
Current DrawdownCurrent decline from peak | -99.93% | -17.70% | -82.23% |
Average DrawdownAverage peak-to-trough decline | -94.34% | -11.93% | -82.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 72.32% | 6.36% | +65.96% |
Volatility
RENX vs. ENLT - Volatility Comparison
The current volatility for RenX Enterprises Corp. (RENX) is 20.59%, while Enlight Renewable Energy Ltd. Ordinary Shares (ENLT) has a volatility of 22.61%. This indicates that RENX experiences smaller price fluctuations and is considered to be less risky than ENLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RENX | ENLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.59% | 22.61% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 125.11% | 47.02% | +78.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 184.95% | 55.82% | +129.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 366.97% | 45.27% | +321.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 366.97% | 45.27% | +321.70% |
Dividends
RENX vs. ENLT - Dividend Comparison
Neither RENX nor ENLT has paid dividends to shareholders.
Financials
RENX vs. ENLT - Financials Comparison
This section allows you to compare key financial metrics between RenX Enterprises Corp. and Enlight Renewable Energy Ltd. Ordinary Shares. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
RENX and ENLT have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENLT has higher volatility (22.61%) compared to RENX (20.59%). In terms of maximum drawdown, RENX dropped -99.94% vs ENLT's -39.32%.
ENLT currently has the higher Sharpe Ratio (5.00 vs -0.49), 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.
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