SRRK vs. NFE

Last updated Jun 3, 2026

SRRK (Scholar Rock Holding Corporation) and NFE (New Fortress Energy Inc.) are both stocks. SRRK operates in Biotechnology (Healthcare), while NFE operates in Utilities - Regulated Gas (Utilities). Over the past 5 years, SRRK returned 10.50%/yr vs -57.13%/yr for NFE. At a 0.13 correlation, their price movements are largely independent.

Performance

SRRK vs. NFE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Scholar Rock Holding Corporation (SRRK) and New Fortress Energy Inc. (NFE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRRK achieves a 1.43% return, which is significantly higher than NFE's -54.39% return.

SRRK

• 1D: -5.72%
• 1M: -3.64%
• YTD: 1.43%
• 6M: 8.76%
• 1Y: 50.13%
• 3Y*: 92.43%
• 5Y*: 10.50%
• 10Y*: —

NFE

• 1D: -6.47%
• 1M: -29.04%
• YTD: -54.39%
• 6M: -58.06%
• 1Y: -79.61%
• 3Y*: -73.64%
• 5Y*: -57.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SRRK vs. NFE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SRRK Scholar Rock Holding Corporation	1.43%	1.92%	129.89%	107.73%	-63.57%	-48.82%	268.21%	-12.77%
NFE New Fortress Energy Inc.	-54.39%	-92.46%	-59.24%	-1.71%	77.41%	-54.42%	243.98%	19.89%

Correlation

The correlation between SRRK and NFE is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.14
Correlation (All Time) Calculated using the full available price history since Feb 1, 2019	0.13

The correlation between SRRK and NFE shifts across timeframes, from -0.01 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SRRK : $5.69B NFE : $147.97M
EPS SRRK : -$3.49 NFE : -$6.58
PB Ratio SRRK : 20.60 NFE : 0.81
Total Revenue (TTM) SRRK : $0.00 NFE : $1.50B
Gross Profit (TTM) SRRK : -$1.27M NFE : $310.12M
EBITDA (TTM) SRRK : -$394.71M NFE : -$198.72M

Return for Risk

SRRK vs. NFE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SRRK

SRRK Risk / Return Rank: 67
SRRK Sharpe Ratio Rank: 64
SRRK Sortino Ratio Rank: 67
SRRK Omega Ratio Rank: 63
SRRK Calmar Ratio Rank: 69
SRRK Martin Ratio Rank: 70

NFE

NFE Risk / Return Rank: 12
NFE Sharpe Ratio Rank: 14
NFE Sortino Ratio Rank: 14
NFE Omega Ratio Rank: 15
NFE Calmar Ratio Rank: 6
NFE Martin Ratio Rank: 13

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SRRK vs. NFE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Scholar Rock Holding Corporation (SRRK) and New Fortress Energy Inc. (NFE). 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.

	SRRK	NFE	Difference
Sharpe ratio Return per unit of total volatility	0.76	-0.61	+1.37
Sortino ratio Return per unit of downside risk	1.64	-0.82	+2.46
Omega ratio Gain probability vs. loss probability	1.19	0.91	+0.28
Calmar ratio Return relative to maximum drawdown	1.55	-0.89	+2.44
Martin ratio Return relative to average drawdown	3.72	-1.21	+4.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SRRK vs. NFE - Sharpe Ratio Comparison

The current SRRK Sharpe Ratio is 0.76, which is higher than the NFE Sharpe Ratio of -0.61. The chart below compares the historical Sharpe Ratios of SRRK and NFE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SRRK	NFE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.76	-0.61	+1.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	-0.64	+0.70
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	-0.41	+0.50

Drawdowns

SRRK vs. NFE - Drawdown Comparison

The maximum SRRK drawdown since its inception was -93.15%, smaller than the maximum NFE drawdown of -99.05%. Use the drawdown chart below to compare losses from any high point for SRRK and NFE.

Drawdown Indicators

	SRRK	NFE	Difference
Max Drawdown Largest peak-to-trough decline	-93.15%	-99.05%	+5.90%
Max Drawdown (1Y) Largest decline over 1 year	-34.86%	-88.62%	+53.76%
Max Drawdown (3Y) Largest decline over 3 years	-65.21%	-98.66%	+33.45%
Max Drawdown (5Y) Largest decline over 5 years	-88.96%	-99.05%	+10.09%
Current Drawdown Current decline from peak	-34.31%	-99.05%	+64.74%
Average Drawdown Average peak-to-trough decline	-56.48%	-45.98%	-10.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.51%	65.19%	-50.68%

Volatility

SRRK vs. NFE - Volatility Comparison

The current volatility for Scholar Rock Holding Corporation (SRRK) is 13.43%, while New Fortress Energy Inc. (NFE) has a volatility of 24.01%. This indicates that SRRK experiences smaller price fluctuations and is considered to be less risky than NFE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRRK	NFE	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.43%	24.01%	-10.58%
Volatility (6M) Calculated over the trailing 6-month period	36.78%	69.14%	-32.36%
Volatility (1Y) Calculated over the trailing 1-year period	66.40%	131.26%	-64.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	180.25%	89.67%	+90.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.87%	83.58%	+74.29%

Dividends

SRRK vs. NFE - Dividend Comparison

Neither SRRK nor NFE has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
NFE New Fortress Energy Inc.	0.00%	0.00%	1.98%	10.46%	0.94%	1.66%	0.37%
SRRK Scholar Rock Holding Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SRRK and NFE in my portfolio?

SRRK and NFE have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRRK or NFE?

NFE has higher volatility (24.01%) compared to SRRK (13.43%). In terms of maximum drawdown, SRRK dropped -93.15% vs NFE's -99.05%.

Which has better risk-adjusted returns?

SRRK currently has the higher Sharpe Ratio (0.76 vs -0.61), 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.