TGLS vs. RS
TGLS (Tecnoglass Inc.) and RS (Reliance Steel & Aluminum Co.) are both stocks. Both are in the Basic Materials sector — TGLS in Building Materials, RS in Steel. Over the past 10 years, TGLS returned 17.38%/yr vs 20.17%/yr for RS. At a 0.25 correlation, their price movements are largely independent.
Performance
TGLS vs. RS - Performance Comparison
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Returns By Period
In the year-to-date period, TGLS achieves a -15.56% return, which is significantly lower than RS's 38.20% return. Over the past 10 years, TGLS has underperformed RS with an annualized return of 17.38%, while RS has yielded a comparatively higher 20.17% annualized return.
TGLS
- 1D
- -0.02%
- 1M
- 6.41%
- YTD
- -15.56%
- 6M
- -16.64%
- 1Y
- -51.61%
- 3Y*
- 0.23%
- 5Y*
- 16.86%
- 10Y*
- 17.38%
RS
- 1D
- 0.47%
- 1M
- 7.67%
- YTD
- 38.20%
- 6M
- 41.93%
- 1Y
- 29.99%
- 3Y*
- 18.94%
- 5Y*
- 19.92%
- 10Y*
- 20.17%
TGLS vs. RS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGLS Tecnoglass Inc. | -15.56% | -35.98% | 74.88% | 49.86% | 18.91% | 281.83% | -14.53% | 10.03% | 15.12% | -36.04% |
RS Reliance Steel & Aluminum Co. | 38.20% | 9.12% | -2.33% | 40.29% | 27.08% | 37.84% | 2.42% | 72.21% | -15.12% | 10.49% |
Correlation
The correlation between TGLS and RS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since May 10, 2012 | 0.25 |
The correlation between TGLS and RS shifts across timeframes, from 0.25 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TGLS:
$3.24
RS:
$14.01
TGLS:
13.08
RS:
28.29
TGLS:
1.93
RS:
1.46
TGLS:
$1.01B
RS:
$14.29B
TGLS:
$419.72M
RS:
$3.90B
TGLS:
$251.16M
RS:
$1.30B
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Return for Risk
TGLS vs. RS — Risk / Return Rank
TGLS
RS
TGLS vs. RS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tecnoglass Inc. (TGLS) and Reliance Steel & Aluminum Co. (RS). 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.
| TGLS | RS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.53 | ||
| Sortino ratioReturn per unit of downside risk | -3.78 | ||
| Omega ratioGain probability vs. loss probability | 0.76 | 1.24 | -0.48 |
| Calmar ratioReturn relative to maximum drawdown | -0.92 | 1.35 | -2.27 |
| Martin ratioReturn relative to average drawdown | -1.36 | 2.33 | -3.69 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TGLS | RS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.32 | 1.21 | -2.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.31 | 0.72 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.68 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.46 | -0.19 |
Drawdowns
TGLS vs. RS - Drawdown Comparison
The maximum TGLS drawdown since its inception was -81.32%, roughly equal to the maximum RS drawdown of -83.80%. Use the drawdown chart below to compare losses from any high point for TGLS and RS.
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Drawdown Indicators
| TGLS | RS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.32% | -83.80% | +2.48% |
Max Drawdown (1Y)Largest decline over 1 year | -56.42% | -22.30% | -34.12% |
Max Drawdown (3Y)Largest decline over 3 years | -56.55% | -22.30% | -34.25% |
Max Drawdown (5Y)Largest decline over 5 years | -56.55% | -22.32% | -34.23% |
Max Drawdown (10Y)Largest decline over 10 years | -77.98% | -40.83% | -37.15% |
Current DrawdownCurrent decline from peak | -51.61% | -0.05% | -51.56% |
Average DrawdownAverage peak-to-trough decline | -22.93% | -16.48% | -6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.03% | 12.90% | +25.13% |
Volatility
TGLS vs. RS - Volatility Comparison
Tecnoglass Inc. (TGLS) has a higher volatility of 14.40% compared to Reliance Steel & Aluminum Co. (RS) at 5.48%. This indicates that TGLS's price experiences larger fluctuations and is considered to be riskier than RS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGLS | RS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.40% | 5.48% | +8.92% |
Volatility (6M)Calculated over the trailing 6-month period | 29.72% | 16.63% | +13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.17% | 25.03% | +14.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.88% | 27.92% | +25.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.26% | 29.64% | +24.62% |
Dividends
TGLS vs. RS - Dividend Comparison
TGLS's dividend yield for the trailing twelve months is around 1.42%, more than RS's 1.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RS Reliance Steel & Aluminum Co. | 1.24% | 1.66% | 1.63% | 1.43% | 1.73% | 1.70% | 2.09% | 1.84% | 2.81% | 2.10% | 2.07% | 2.76% |
TGLS Tecnoglass Inc. | 1.42% | 1.19% | 0.61% | 0.79% | 0.91% | 0.56% | 1.59% | 6.79% | 5.20% | 7.21% | 2.04% | 0.00% |
Financials
TGLS vs. RS - Financials Comparison
This section allows you to compare key financial metrics between Tecnoglass Inc. and Reliance Steel & Aluminum Co.. 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
TGLS vs. RS - Profitability Comparison
TGLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported a gross profit of 95.83M and revenue of 249.01M. Therefore, the gross margin over that period was 38.5%.
RS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a gross profit of 885.40M and revenue of 3.50B. Therefore, the gross margin over that period was 25.3%.
TGLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported an operating income of 44.94M and revenue of 249.01M, resulting in an operating margin of 18.1%.
RS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported an operating income of 176.20M and revenue of 3.50B, resulting in an operating margin of 5.0%.
TGLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported a net income of 31.89M and revenue of 249.01M, resulting in a net margin of 12.8%.
RS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Reliance Steel & Aluminum Co. reported a net income of 116.50M and revenue of 3.50B, resulting in a net margin of 3.3%.
Frequently Asked Questions
TGLS and RS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TGLS has higher volatility (14.40%) compared to RS (5.48%). In terms of maximum drawdown, TGLS dropped -81.32% vs RS's -83.80%.
RS currently has the higher Sharpe Ratio (1.21 vs -1.32), 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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