SWX vs. EOSEW

Last updated Jun 4, 2026

SWX (Southwest Gas Holdings, Inc.) and EOSEW (Eos Energy Enterprises Inc) are both stocks. SWX operates in Utilities - Regulated Gas (Utilities), while EOSEW operates in Electrical Equipment & Parts (Industrials). At a 0.06 correlation, their price movements are largely independent.

Performance

SWX vs. EOSEW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Southwest Gas Holdings, Inc. (SWX) and Eos Energy Enterprises Inc (EOSEW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SWX

• 1D: -0.36%
• 1M: -7.22%
• YTD: 8.68%
• 6M: 8.84%
• 1Y: 19.87%
• 3Y*: 16.64%
• 5Y*: 8.93%
• 10Y*: 5.03%

EOSEW

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SWX vs. EOSEW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
SWX Southwest Gas Holdings, Inc.	8.68%	16.92%	15.68%	6.61%	-8.67%	19.34%	-19.07%
EOSEW Eos Energy Enterprises Inc	0.00%	50.00%	390.00%	-16.84%	-91.56%	-65.70%	1,007.85%

Correlation

The correlation between SWX and EOSEW is 0.03, 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	0.03
Correlation (3Y) Calculated over the trailing 3-year period	0.07
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jun 4, 2020	0.06

Fundamentals

Market Cap SWX : $6.22B EOSEW : $800.90M
EPS SWX : $6.41 EOSEW : -$1.45
PS Ratio SWX : 2.48 EOSEW : 3.01
Total Revenue (TTM) SWX : $2.50B EOSEW : $160.71M
Gross Profit (TTM) SWX : $842.57M EOSEW : -$163.73M
EBITDA (TTM) SWX : $713.22M EOSEW : -$858.77M

Return for Risk

SWX vs. EOSEW — Risk / Return Rank

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

SWX

SWX Risk / Return Rank: 73
SWX Sharpe Ratio Rank: 74
SWX Sortino Ratio Rank: 67
SWX Omega Ratio Rank: 65
SWX Calmar Ratio Rank: 75
SWX Martin Ratio Rank: 82

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.

SWX vs. EOSEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Southwest Gas Holdings, Inc. (SWX) and Eos Energy Enterprises Inc (EOSEW). 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.

	SWX	EOSEW	Difference
Sharpe ratio Return per unit of total volatility	1.11	—	—
Sortino ratio Return per unit of downside risk	1.62	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	2.10	—	—
Martin ratio Return relative to average drawdown	7.32	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SWX	EOSEW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.11	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Drawdowns

Drawdown Indicators

	SWX	EOSEW	Difference
Max Drawdown Largest peak-to-trough decline	-53.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.79%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-41.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.47%	—	—
Current Drawdown Current decline from peak	-8.18%	—	—
Average Drawdown Average peak-to-trough decline	-12.56%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.76%	—	—

Volatility

Volatility by Period

	SWX	EOSEW	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.25%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.35%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.31%	—	—

Dividends

SWX vs. EOSEW - Dividend Comparison

SWX's dividend yield for the trailing twelve months is around 2.92%, while EOSEW has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EOSEW Eos Energy Enterprises 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%
SWX Southwest Gas Holdings, Inc.	2.92%	3.10%	3.51%	3.91%	3.97%	3.36%	3.71%	2.84%	2.69%	2.40%	2.29%	2.86%

Financials

Frequently Asked Questions

Can I hold both SWX and EOSEW in my portfolio?

SWX and EOSEW have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.