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 3.96%/yr vs 5.32%/yr for FG. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
SMID vs. FG - Performance Comparison
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Returns By Period
In the year-to-date period, SMID achieves a -25.33% return, which is significantly lower than FG's -5.51% return.
SMID
- 1D
- -4.66%
- 1M
- -8.64%
- 6M
- -22.78%
- YTD
- -25.33%
- 1Y
- -23.37%
- 3Y*
- 3.96%
- 5Y*
- 8.92%
- 10Y*
- 26.39%
- ALL TIME*
- 22.69%
FG
- 1D
- -1.92%
- 1M
- 2.25%
- 6M
- -1.15%
- YTD
- -5.51%
- 1Y
- -5.82%
- 3Y*
- 5.32%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $21.01M | $19.73M | $23.49M | |
| $518.95K | $435.05K | $414.25K |
SMID vs. FG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SMID Smith-Midland Corporation | -25.33% | -18.26% | 12.56% | 92.68% | -10.09% |
FG F&G Annuities & Life Inc. | -5.51% | -23.60% | -7.98% | 137.11% | -9.05% |
Correlation
The correlation between SMID and FG is 0.24, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.24 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 1, 2022 | 0.23 |
Fundamentals
SMID:
$143.99M
FG:
$3.79B
SMID:
$4.71
FG:
$3.81
SMID:
5.76
FG:
7.49
SMID:
0.03
FG:
0.13
SMID:
0.77
FG:
0.68
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 | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.00 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.56 | -0.18 | -0.38 |
| Martin ratioReturn relative to average drawdown | -1.00 | -0.40 | -0.60 |
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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 | -45.76% | -38.35% | -7.41% |
Average DrawdownAverage peak-to-trough decline | -27.70% | -20.31% | -7.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.01% | 18.42% | +3.59% |
Volatility
SMID vs. FG - Volatility Comparison
The current volatility for Smith-Midland Corporation (SMID) is 10.36%, while F&G Annuities & Life Inc. (FG) has a volatility of 11.17%. This indicates that SMID experiences smaller price fluctuations and is considered to be less risky 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 | 10.36% | 11.17% | -0.81% |
Volatility (6M)Calculated over the trailing 6-month period | 42.44% | 31.53% | +10.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.64% | 37.71% | +16.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 63.93% | 43.77% | +20.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.50% | 43.77% | +10.73% |
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 3.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FG F&G Annuities & Life Inc. | 3.40% | 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 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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 Aug 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 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FG has higher volatility (11.17%) compared to SMID (10.36%). In terms of maximum drawdown, SMID dropped -72.37% vs FG's -56.24%.
FG currently has the higher Sharpe Ratio (-0.20 vs -0.40), 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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