TGS vs. DESP

Last updated Jun 9, 2026

TGS (Transportadora de Gas del Sur S.A.) and DESP (Despegar.com, Corp.) are both stocks. TGS operates in Oil & Gas Midstream (Energy), while DESP operates in Travel Services (Consumer Cyclical). At a 0.24 correlation, their price movements are largely independent.

Performance

TGS vs. DESP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transportadora de Gas del Sur S.A. (TGS) and Despegar.com, Corp. (DESP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TGS

• 1D: 0.03%
• 1M: 0.58%
• YTD: -5.05%
• 6M: -6.79%
• 1Y: 6.23%
• 3Y*: 32.47%
• 5Y*: 38.90%
• 10Y*: 18.52%

DESP

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

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

TGS vs. DESP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TGS Transportadora de Gas del Sur S.A.	-5.05%	6.22%	93.97%	27.88%	165.77%	-14.62%	-27.48%	-45.44%	-28.91%	20.75%
DESP Despegar.com, Corp.	0.00%	1.30%	103.49%	84.41%	-47.60%	-23.58%	-4.97%	8.62%	-54.84%	-5.24%

Correlation

The correlation between TGS and DESP is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (5Y) Calculated over the trailing 5-year period	0.19
Correlation (All Time) Calculated using the full available price history since Sep 20, 2017	0.24

The correlation between TGS and DESP shifts across timeframes, from 0.12 (3 years) to 0.24 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) TGS : $1.82T DESP : $774.06M
Gross Profit (TTM) TGS : $985.40B DESP : $565.92M
EBITDA (TTM) TGS : $1.03T DESP : $169.77M

Return for Risk

TGS vs. DESP — Risk / Return Rank

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

TGS

TGS Risk / Return Rank: 47
TGS Sharpe Ratio Rank: 46
TGS Sortino Ratio Rank: 47
TGS Omega Ratio Rank: 46
TGS Calmar Ratio Rank: 47
TGS Martin Ratio Rank: 48

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.

TGS vs. DESP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transportadora de Gas del Sur S.A. (TGS) and Despegar.com, Corp. (DESP). 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.

	TGS	DESP	Difference
Sharpe ratio: Return per unit of total volatility	0.10	—	—
Sortino ratio: Return per unit of downside risk	0.66	—	—
Omega ratio: Gain probability vs. loss probability	1.08	—	—
Calmar ratio: Return relative to maximum drawdown	0.19	—	—
Martin ratio: Return relative to average drawdown	0.48	—	—
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

	TGS	DESP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.10	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.34	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	—	—

Drawdowns

Drawdown Indicators

	TGS	DESP	Difference
Max Drawdown Largest peak-to-trough decline	-95.49%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.96%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-39.49%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-39.49%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.55%	—	—
Current Drawdown Current decline from peak	-16.42%	—	—
Average Drawdown Average peak-to-trough decline	-47.06%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	13.08%	—	—

Volatility

Volatility by Period

	TGS	DESP	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.04%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	60.67%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	55.48%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.35%	—	—

Dividends

TGS vs. DESP - Dividend Comparison

Neither TGS nor DESP has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DESP Despegar.com, Corp.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TGS Transportadora de Gas del Sur S.A.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	14.46%	5.04%	0.00%	0.34%

Financials

Frequently Asked Questions

Can I hold both TGS and DESP in my portfolio?

TGS and DESP 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.