SOUN vs. ET
SOUN (SoundHound AI, Inc.) and ET (Energy Transfer LP) are both stocks. SOUN operates in Software - Application (Technology), while ET operates in Oil & Gas Midstream (Energy). Over the past 3 years, SOUN returned 29.87%/yr vs 24.04%/yr for ET. At a 0.17 correlation, their price movements are largely independent.
Performance
SOUN vs. ET - Performance Comparison
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Returns By Period
In the year-to-date period, SOUN achieves a -30.79% return, which is significantly lower than ET's 19.85% return.
SOUN
- 1D
- -1.43%
- 1M
- -18.05%
- YTD
- -30.79%
- 6M
- -40.77%
- 1Y
- -27.14%
- 3Y*
- 29.87%
- 5Y*
- —
- 10Y*
- —
ET
- 1D
- 1.65%
- 1M
- -5.12%
- YTD
- 19.85%
- 6M
- 19.34%
- 1Y
- 11.35%
- 3Y*
- 24.04%
- 5Y*
- 20.15%
- 10Y*
- 13.14%
SOUN vs. ET - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SOUN SoundHound AI, Inc. | -30.79% | -49.75% | 835.85% | 19.77% | -79.70% |
ET Energy Transfer LP | 19.85% | -9.37% | 53.87% | 27.87% | 11.99% |
Correlation
The correlation between SOUN and ET is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.17 |
The correlation between SOUN and ET shifts across timeframes, from 0.00 (1 year) to 0.18 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
SOUN:
$2.34B
ET:
$65.93B
SOUN:
-$0.43
ET:
$1.36
SOUN:
14.72
ET:
0.76
SOUN:
5.07
ET:
1.33
SOUN:
$183.99M
ET:
$89.38B
SOUN:
$69.84M
ET:
$20.48B
SOUN:
-$124.47M
ET:
$13.02B
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Return for Risk
SOUN vs. ET — Risk / Return Rank
SOUN
ET
SOUN vs. ET - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) and Energy Transfer LP (ET). 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.
| SOUN | ET | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.16 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.13 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.38 | 1.22 | -1.59 |
| Martin ratioReturn relative to average drawdown | -0.60 | 2.70 | -3.30 |
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Drawdowns
SOUN vs. ET - Drawdown Comparison
The maximum SOUN drawdown since its inception was -93.55%, which is greater than ET's maximum drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for SOUN and ET.
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Drawdown Indicators
| SOUN | ET | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.55% | -87.81% | -5.74% |
Max Drawdown (1Y)Largest decline over 1 year | -72.43% | -9.38% | -63.05% |
Max Drawdown (3Y)Largest decline over 3 years | -75.65% | -24.56% | -51.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.82% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -72.82% | — |
Current DrawdownCurrent decline from peak | -71.52% | -6.47% | -65.05% |
Average DrawdownAverage peak-to-trough decline | -66.93% | -25.72% | -41.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 45.29% | 4.65% | +40.64% |
Volatility
SOUN vs. ET - Volatility Comparison
SoundHound AI, Inc. (SOUN) has a higher volatility of 17.69% compared to Energy Transfer LP (ET) at 5.08%. This indicates that SOUN's price experiences larger fluctuations and is considered to be riskier than ET based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SOUN | ET | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.69% | 5.08% | +12.61% |
Volatility (6M)Calculated over the trailing 6-month period | 52.15% | 12.03% | +40.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 80.70% | 16.13% | +64.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.27% | 24.86% | +111.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.27% | 34.99% | +101.28% |
Dividends
SOUN vs. ET - Dividend Comparison
SOUN has not paid dividends to shareholders, while ET's dividend yield for the trailing twelve months is around 7.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 7.00% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
SOUN SoundHound AI, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SOUN vs. ET - Financials Comparison
This section allows you to compare key financial metrics between SoundHound AI, Inc. and Energy Transfer LP. 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
SOUN and ET have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SOUN has higher volatility (17.69%) compared to ET (5.08%). In terms of maximum drawdown, SOUN dropped -93.55% vs ET's -87.81%.
ET currently has the higher Sharpe Ratio (0.71 vs -0.34), 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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