SM vs. EQT
SM (SM Energy Company) and EQT (EQT Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, SM returned 0.47%/yr vs 3.67%/yr for EQT. At a 0.44 correlation, their price movements are largely independent.
Performance
SM vs. EQT - Performance Comparison
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Returns By Period
In the year-to-date period, SM achieves a 73.72% return, which is significantly higher than EQT's 0.85% return. Over the past 10 years, SM has underperformed EQT with an annualized return of 0.47%, while EQT has yielded a comparatively higher 3.67% annualized return.
SM
- 1D
- -5.15%
- 1M
- 12.82%
- YTD
- 73.72%
- 6M
- 63.18%
- 1Y
- 39.05%
- 3Y*
- 7.21%
- 5Y*
- 8.17%
- 10Y*
- 0.47%
EQT
- 1D
- -2.70%
- 1M
- -6.29%
- YTD
- 0.85%
- 6M
- -10.92%
- 1Y
- -1.72%
- 3Y*
- 14.50%
- 5Y*
- 21.82%
- 10Y*
- 3.67%
SM vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SM SM Energy Company | 73.72% | -49.72% | 1.84% | 13.14% | 18.58% | 382.16% | -44.85% | -26.72% | -29.60% | -35.65% |
EQT EQT Corporation | 0.85% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between SM and EQT is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 1992 | 0.44 |
Over the past year, the correlation between SM and EQT has dropped to 0.23 - well below their long-term average of 0.44, suggesting their price drivers have been diverging.
Fundamentals
SM:
$5.40
EQT:
$5.40
SM:
5.97
EQT:
9.95
SM:
0.01
EQT:
0.08
SM:
1.20
EQT:
3.32
SM:
$2.31B
EQT:
$10.03B
SM:
$660.35M
EQT:
$6.43B
SM:
$1.94B
EQT:
$7.48B
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Return for Risk
SM vs. EQT — Risk / Return Rank
SM
EQT
SM vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SM Energy Company (SM) and EQT Corporation (EQT). 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.
| SM | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.84 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.02 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.03 | -0.08 | +1.11 |
| Martin ratioReturn relative to average drawdown | 1.92 | -0.16 | +2.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SM | EQT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | -0.05 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.51 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.01 | 0.08 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.30 | -0.16 |
Drawdowns
SM vs. EQT - Drawdown Comparison
The maximum SM drawdown since its inception was -98.85%, which is greater than EQT's maximum drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for SM and EQT.
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Drawdown Indicators
| SM | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.85% | -91.51% | -7.34% |
Max Drawdown (1Y)Largest decline over 1 year | -38.16% | -20.65% | -17.51% |
Max Drawdown (3Y)Largest decline over 3 years | -64.87% | -31.62% | -33.25% |
Max Drawdown (5Y)Largest decline over 5 years | -65.01% | -42.56% | -22.45% |
Max Drawdown (10Y)Largest decline over 10 years | -97.46% | -88.28% | -9.18% |
Current DrawdownCurrent decline from peak | -60.24% | -20.65% | -39.59% |
Average DrawdownAverage peak-to-trough decline | -39.91% | -23.34% | -16.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.36% | 11.02% | +9.34% |
Volatility
SM vs. EQT - Volatility Comparison
SM Energy Company (SM) has a higher volatility of 15.01% compared to EQT Corporation (EQT) at 8.05%. This indicates that SM's price experiences larger fluctuations and is considered to be riskier than EQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SM | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.01% | 8.05% | +6.96% |
Volatility (6M)Calculated over the trailing 6-month period | 36.90% | 21.29% | +15.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 50.03% | 32.62% | +17.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.04% | 42.80% | +11.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 80.06% | 48.92% | +31.14% |
Dividends
SM vs. EQT - Dividend Comparison
SM's dividend yield for the trailing twelve months is around 2.55%, more than EQT's 1.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQT EQT Corporation | 1.21% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
SM SM Energy Company | 2.55% | 5.35% | 1.91% | 1.55% | 0.46% | 0.07% | 0.33% | 0.89% | 0.65% | 0.45% | 0.29% | 0.51% |
Financials
SM vs. EQT - Financials Comparison
This section allows you to compare key financial metrics between SM Energy Company and EQT 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
Frequently Asked Questions
SM and EQT have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SM has higher volatility (15.01%) compared to EQT (8.05%). In terms of maximum drawdown, SM dropped -98.85% vs EQT's -91.51%.
SM currently has the higher Sharpe Ratio (0.78 vs -0.05), 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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