SBAC vs. DUK
SBAC (SBA Communications Corporation) and DUK (Duke Energy Corporation) are both stocks. SBAC operates in REIT - Specialty (Real Estate), while DUK operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, SBAC returned 8.40%/yr vs 8.62%/yr for DUK. At a 0.25 correlation, their price movements are largely independent.
Performance
SBAC vs. DUK - Performance Comparison
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Returns By Period
In the year-to-date period, SBAC achieves a 7.24% return, which is significantly lower than DUK's 8.77% return. Both investments have delivered pretty close results over the past 10 years, with SBAC having a 8.40% annualized return and DUK not far ahead at 8.62%.
SBAC
- 1D
- 0.56%
- 1M
- -0.79%
- YTD
- 7.24%
- 6M
- 8.23%
- 1Y
- -8.09%
- 3Y*
- -1.81%
- 5Y*
- -6.94%
- 10Y*
- 8.40%
DUK
- 1D
- 0.91%
- 1M
- 2.02%
- YTD
- 8.77%
- 6M
- 10.57%
- 1Y
- 10.59%
- 3Y*
- 15.72%
- 5Y*
- 8.32%
- 10Y*
- 8.62%
SBAC vs. DUK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SBAC SBA Communications Corporation | 7.24% | -3.13% | -18.18% | -8.15% | -27.30% | 38.95% | 17.81% | 49.30% | -0.90% | 58.20% |
DUK Duke Energy Corporation | 8.77% | 12.72% | 15.56% | -1.63% | 2.03% | 19.11% | 4.77% | 10.29% | 7.41% | 12.96% |
Correlation
The correlation between SBAC and DUK is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.47 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 1999 | 0.25 |
The correlation between SBAC and DUK shifts across timeframes, from 0.25 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SBAC:
$21.73B
DUK:
$97.35B
SBAC:
$9.50
DUK:
$6.61
SBAC:
21.55
DUK:
18.91
SBAC:
0.44
DUK:
1.48
SBAC:
7.68
DUK:
2.92
SBAC:
$2.85B
DUK:
$33.29B
SBAC:
$1.28B
DUK:
$19.45B
SBAC:
$1.74B
DUK:
$15.91B
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Return for Risk
SBAC vs. DUK — Risk / Return Rank
SBAC
DUK
SBAC vs. DUK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SBA Communications Corporation (SBAC) and Duke Energy Corporation (DUK). 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.
| SBAC | DUK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.27 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.12 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.27 | 0.98 | -1.25 |
| Martin ratioReturn relative to average drawdown | -0.51 | 2.32 | -2.83 |
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Drawdowns
SBAC vs. DUK - Drawdown Comparison
The maximum SBAC drawdown since its inception was -99.65%, which is greater than DUK's maximum drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for SBAC and DUK.
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Drawdown Indicators
| SBAC | DUK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -71.92% | -27.73% |
Max Drawdown (1Y)Largest decline over 1 year | -29.80% | -10.88% | -18.92% |
Max Drawdown (3Y)Largest decline over 3 years | -32.21% | -11.59% | -20.62% |
Max Drawdown (5Y)Largest decline over 5 years | -54.50% | -24.16% | -30.34% |
Max Drawdown (10Y)Largest decline over 10 years | -54.50% | -37.37% | -17.13% |
Current DrawdownCurrent decline from peak | -43.24% | -5.28% | -37.96% |
Average DrawdownAverage peak-to-trough decline | -35.39% | -10.85% | -24.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.94% | 4.57% | +11.37% |
Volatility
SBAC vs. DUK - Volatility Comparison
SBA Communications Corporation (SBAC) has a higher volatility of 10.25% compared to Duke Energy Corporation (DUK) at 5.62%. This indicates that SBAC's price experiences larger fluctuations and is considered to be riskier than DUK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBAC | DUK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.25% | 5.62% | +4.63% |
Volatility (6M)Calculated over the trailing 6-month period | 27.71% | 11.13% | +16.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.49% | 14.73% | +17.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.34% | 17.84% | +11.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.12% | 20.40% | +7.72% |
Dividends
SBAC vs. DUK - Dividend Comparison
SBAC's dividend yield for the trailing twelve months is around 2.30%, less than DUK's 3.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.69% | 3.60% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% |
SBAC SBA Communications Corporation | 2.30% | 2.30% | 1.92% | 1.34% | 1.01% | 0.60% | 0.66% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SBAC vs. DUK - Financials Comparison
This section allows you to compare key financial metrics between SBA Communications Corporation and Duke Energy Corporation. 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
SBAC vs. DUK - Profitability Comparison
SBAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a gross profit of 0.00 and revenue of 703.44M. Therefore, the gross margin over that period was 0.0%.
DUK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a gross profit of 6.23B and revenue of 9.18B. Therefore, the gross margin over that period was 67.9%.
SBAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported an operating income of 342.85M and revenue of 703.44M, resulting in an operating margin of 48.7%.
DUK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported an operating income of 2.73B and revenue of 9.18B, resulting in an operating margin of 29.7%.
SBAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SBA Communications Corporation reported a net income of 184.83M and revenue of 703.44M, resulting in a net margin of 26.3%.
DUK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Duke Energy Corporation reported a net income of 1.55B and revenue of 9.18B, resulting in a net margin of 16.9%.
Frequently Asked Questions
SBAC and DUK have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBAC has higher volatility (10.25%) compared to DUK (5.62%). In terms of maximum drawdown, SBAC dropped -99.65% vs DUK's -71.92%.
DUK currently has the higher Sharpe Ratio (0.72 vs -0.25), 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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