SMID vs. FG
SMID (Smith-Midland Corporation) and FG (F&G Annuities & Life Inc. ) are both stocks. SMID operates in Building Materials (Basic Materials), while FG operates in Insurance - Life (Financial Services). Over the past 3 years, SMID returned 7.27%/yr vs 12.61%/yr for FG. At a 0.23 correlation, their price movements are largely independent.
Performance
SMID vs. FG - Performance Comparison
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Returns By Period
In the year-to-date period, SMID achieves a -16.92% return, which is significantly lower than FG's 3.78% return.
SMID
- 1D
- 0.73%
- 1M
- -3.70%
- 6M
- -13.94%
- YTD
- -16.92%
- 1Y
- -21.09%
- 3Y*
- 7.27%
- 5Y*
- 3.44%
- 10Y*
- 28.03%
FG
- 1D
- 3.94%
- 1M
- 9.49%
- 6M
- 12.30%
- YTD
- 3.78%
- 1Y
- 5.52%
- 3Y*
- 12.61%
- 5Y*
- —
- 10Y*
- —
SMID vs. FG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SMID Smith-Midland Corporation | -16.92% | -18.26% | 12.56% | 92.68% | -10.09% |
FG F&G Annuities & Life Inc. | 3.78% | -23.60% | -7.98% | 137.11% | -9.05% |
Correlation
The correlation between SMID and FG is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2022 | 0.23 |
Fundamentals
SMID:
$160.20M
FG:
$4.09B
SMID:
$4.71
FG:
$3.81
SMID:
6.40
FG:
8.09
SMID:
0.03
FG:
0.14
SMID:
0.86
FG:
0.73
SMID:
$93.45M
FG:
$5.86B
SMID:
$26.04M
FG:
$1.23B
SMID:
$19.01M
FG:
$1.52B
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Return for Risk
SMID vs. FG — Risk / Return Rank
SMID
FG
SMID vs. FG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Smith-Midland Corporation (SMID) and F&G Annuities & Life Inc. (FG). 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.
| SMID | FG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.06 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | -0.54 | 0.14 | -0.67 |
| Martin ratioReturn relative to average drawdown | -1.02 | 0.30 | -1.33 |
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Drawdowns
SMID vs. FG - Drawdown Comparison
The maximum SMID drawdown since its inception was -72.37%, which is greater than FG's maximum drawdown of -56.24%. Use the drawdown chart below to compare losses from any high point for SMID and FG.
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Drawdown Indicators
| SMID | FG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.37% | -56.24% | -16.13% |
Max Drawdown (1Y)Largest decline over 1 year | -39.29% | -40.92% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -48.85% | -56.24% | +7.39% |
Max Drawdown (5Y)Largest decline over 5 years | -72.37% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -72.37% | — | — |
Current DrawdownCurrent decline from peak | -39.66% | -32.29% | -7.37% |
Average DrawdownAverage peak-to-trough decline | -27.62% | -20.07% | -7.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.68% | 18.16% | +2.52% |
Volatility
SMID vs. FG - Volatility Comparison
Smith-Midland Corporation (SMID) has a higher volatility of 14.57% compared to F&G Annuities & Life Inc. (FG) at 11.15%. This indicates that SMID's price experiences larger fluctuations and is considered to be riskier than FG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SMID | FG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.57% | 11.15% | +3.42% |
Volatility (6M)Calculated over the trailing 6-month period | 42.24% | 31.52% | +10.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.54% | 37.50% | +17.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.97% | 43.88% | +21.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.50% | 43.88% | +10.62% |
Dividends
SMID vs. FG - Dividend Comparison
SMID has not paid dividends to shareholders, while FG's dividend yield for the trailing twelve months is around 4.62%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FG F&G Annuities & Life Inc. | 4.62% | 2.95% | 2.05% | 1.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SMID Smith-Midland Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.92% | 0.74% | 0.73% | 0.19% |
Financials
SMID vs. FG - Financials Comparison
This section allows you to compare key financial metrics between Smith-Midland Corporation and F&G Annuities & Life Inc. . 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
SMID vs. FG - Profitability Comparison
SMID - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported a gross profit of 5.52M and revenue of 23.11M. Therefore, the gross margin over that period was 23.9%.
FG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, F&G Annuities & Life Inc. reported a gross profit of 0.00 and revenue of 1.19B. Therefore, the gross margin over that period was 0.0%.
SMID - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported an operating income of 3.24M and revenue of 23.11M, resulting in an operating margin of 14.0%.
FG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, F&G Annuities & Life Inc. reported an operating income of 0.00 and revenue of 1.19B, resulting in an operating margin of 0.0%.
SMID - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Smith-Midland Corporation reported a net income of 2.13M and revenue of 23.11M, resulting in a net margin of 9.2%.
FG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, F&G Annuities & Life Inc. reported a net income of 244.00M and revenue of 1.19B, resulting in a net margin of 20.6%.
Frequently Asked Questions
SMID and FG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SMID has higher volatility (14.57%) compared to FG (11.15%). In terms of maximum drawdown, SMID dropped -72.37% vs FG's -56.24%.
FG currently has the higher Sharpe Ratio (0.15 vs -0.39), 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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