RNECY vs. ENOG.L
RNECY (Renesas Electronics Corp ADR) and ENOG.L (Energean Oil & Gas plc) are both stocks. RNECY operates in Semiconductors (Technology), while ENOG.L operates in Oil & Gas E&P (Energy). Over the past 5 years, RNECY returned 21.58%/yr vs 4.97%/yr for ENOG.L. At a 0.14 correlation, their price movements are largely independent.
Performance
RNECY vs. ENOG.L - Performance Comparison
Loading charts...
Different Trading Currencies
RNECY is traded in USD, while ENOG.L is traded in GBp. To make them comparable, the ENOG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, RNECY achieves a 104.41% return, which is significantly higher than ENOG.L's -13.52% return.
RNECY
- 1D
- -0.64%
- 1M
- 19.93%
- YTD
- 104.41%
- 6M
- 104.71%
- 1Y
- 104.11%
- 3Y*
- 14.94%
- 5Y*
- 21.58%
- 10Y*
- 17.43%
ENOG.L
- 1D
- -1.29%
- 1M
- -13.95%
- YTD
- -13.52%
- 6M
- -12.98%
- 1Y
- -7.45%
- 3Y*
- -2.07%
- 5Y*
- 4.97%
- 10Y*
- —
RNECY vs. ENOG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
RNECY Renesas Electronics Corp ADR | 104.41% | 7.51% | -28.20% | 103.64% | -29.19% | 18.55% | 52.92% | 53.71% | -59.55% |
ENOG.L Energean Oil & Gas plc | -13.52% | 0.92% | 6.58% | -6.54% | 43.05% | 17.48% | -20.08% | 53.96% | 26.43% |
Correlation
The correlation between RNECY and ENOG.L is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2018 | 0.14 |
The correlation between RNECY and ENOG.L shifts across timeframes, from -0.01 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
RNECY:
$51.26B
ENOG.L:
£1.37B
RNECY:
-¥2.98
ENOG.L:
-$1.94
RNECY:
5.56
ENOG.L:
0.75
RNECY:
3.22
ENOG.L:
12.95
RNECY:
¥1.46T
ENOG.L:
$2.45B
RNECY:
¥692.31B
ENOG.L:
$811.30M
RNECY:
¥475.96B
ENOG.L:
$1.42B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RNECY vs. ENOG.L — Risk / Return Rank
RNECY
ENOG.L
RNECY vs. ENOG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Renesas Electronics Corp ADR (RNECY) and Energean Oil & Gas plc (ENOG.L). 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.
| RNECY | ENOG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.06 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.98 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | -0.31 | +3.65 |
| Martin ratioReturn relative to average drawdown | 9.43 | -0.81 | +10.23 |
Loading charts...
Drawdowns
RNECY vs. ENOG.L - Drawdown Comparison
The maximum RNECY drawdown since its inception was -92.23%, which is greater than ENOG.L's maximum drawdown of -73.57%. Use the drawdown chart below to compare losses from any high point for RNECY and ENOG.L.
Loading charts...
Drawdown Indicators
| RNECY | ENOG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.23% | -73.57% | -18.66% |
Max Drawdown (1Y)Largest decline over 1 year | -31.29% | -24.22% | -7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -52.49% | -33.29% | -19.20% |
Max Drawdown (5Y)Largest decline over 5 years | -52.49% | -40.56% | -11.93% |
Max Drawdown (10Y)Largest decline over 10 years | -77.20% | — | — |
Current DrawdownCurrent decline from peak | -8.70% | -22.80% | +14.10% |
Average DrawdownAverage peak-to-trough decline | -67.21% | -15.77% | -51.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.48% | 9.22% | +2.26% |
Volatility
RNECY vs. ENOG.L - Volatility Comparison
Renesas Electronics Corp ADR (RNECY) has a higher volatility of 26.88% compared to Energean Oil & Gas plc (ENOG.L) at 8.66%. This indicates that RNECY's price experiences larger fluctuations and is considered to be riskier than ENOG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNECY | ENOG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.88% | 8.66% | +18.22% |
Volatility (6M)Calculated over the trailing 6-month period | 47.53% | 22.00% | +25.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.05% | 28.95% | +29.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.74% | 38.49% | +9.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.47% | 46.88% | +2.59% |
Dividends
RNECY vs. ENOG.L - Dividend Comparison
RNECY has not paid dividends to shareholders, while ENOG.L's dividend yield for the trailing twelve months is around 9.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ENOG.L Energean Oil & Gas plc | 9.99% | 10.16% | 7.89% | 11.49% | 4.58% |
RNECY Renesas Electronics Corp ADR | 0.00% | 0.00% | 1.48% | 0.00% | 0.00% |
Financials
RNECY vs. ENOG.L - Financials Comparison
This section allows you to compare key financial metrics between Renesas Electronics Corp ADR and Energean Oil & Gas plc. 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
RNECY vs. ENOG.L - Profitability Comparison
RNECY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a gross profit of 198.11B and revenue of 387.28B. Therefore, the gross margin over that period was 51.2%.
ENOG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported a gross profit of 221.43M and revenue of 928.78M. Therefore, the gross margin over that period was 23.8%.
RNECY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported an operating income of 93.16B and revenue of 387.28B, resulting in an operating margin of 24.1%.
ENOG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported an operating income of 195.15M and revenue of 928.78M, resulting in an operating margin of 21.0%.
RNECY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Renesas Electronics Corp ADR reported a net income of 69.40B and revenue of 387.28B, resulting in a net margin of 17.9%.
ENOG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Energean Oil & Gas plc reported a net income of -369.83M and revenue of 928.78M, resulting in a net margin of -39.8%.
Frequently Asked Questions
RNECY and ENOG.L have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for RNECY and ENOG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer