THC vs. ENSG
THC (Tenet Healthcare Corporation) and ENSG (The Ensign Group, Inc.) are both stocks. Both operate in the Medical Care Facilities industry within the Healthcare sector. Over the past 10 years, THC returned 18.89%/yr vs 23.68%/yr for ENSG. At a 0.39 correlation, their price movements are largely independent.
Performance
THC vs. ENSG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, THC achieves a -17.97% return, which is significantly lower than ENSG's -10.18% return. Over the past 10 years, THC has underperformed ENSG with an annualized return of 18.89%, while ENSG has yielded a comparatively higher 23.68% annualized return.
THC
- 1D
- 0.59%
- 1M
- -14.38%
- YTD
- -17.97%
- 6M
- -20.99%
- 1Y
- -4.93%
- 3Y*
- 30.82%
- 5Y*
- 19.22%
- 10Y*
- 18.89%
ENSG
- 1D
- -8.15%
- 1M
- -8.77%
- YTD
- -10.18%
- 6M
- -10.75%
- 1Y
- 2.80%
- 3Y*
- 19.21%
- 5Y*
- 13.73%
- 10Y*
- 23.68%
THC vs. ENSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THC Tenet Healthcare Corporation | -17.97% | 57.43% | 67.04% | 54.89% | -40.27% | 104.58% | 5.00% | 121.88% | 13.06% | 2.16% |
ENSG The Ensign Group, Inc. | -10.18% | 31.33% | 18.62% | 18.89% | 12.98% | 15.43% | 61.43% | 25.53% | 75.67% | 0.78% |
Correlation
The correlation between THC and ENSG is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Nov 12, 2007 | 0.39 |
The correlation between THC and ENSG shifts across timeframes, from 0.34 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
THC:
$14.28B
ENSG:
$9.32B
THC:
$21.43
ENSG:
$6.15
THC:
7.61
ENSG:
25.44
THC:
0.08
ENSG:
1.68
THC:
0.68
ENSG:
1.75
THC:
2.97
ENSG:
3.94
THC:
$21.46B
ENSG:
$5.27B
THC:
$12.91B
ENSG:
$800.38M
THC:
$4.00B
ENSG:
$590.49M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
THC vs. ENSG — Risk / Return Rank
THC
ENSG
THC vs. ENSG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tenet Healthcare Corporation (THC) and The Ensign Group, Inc. (ENSG). 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.
| THC | ENSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.23 | ||
| Sortino ratioReturn per unit of downside risk | -0.29 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.05 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 0.10 | -0.25 |
| Martin ratioReturn relative to average drawdown | -0.39 | 0.34 | -0.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| THC | ENSG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.13 | 0.10 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.52 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.66 | -0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.58 | -0.47 |
Drawdowns
THC vs. ENSG - Drawdown Comparison
The maximum THC drawdown since its inception was -98.28%, which is greater than ENSG's maximum drawdown of -55.57%. Use the drawdown chart below to compare losses from any high point for THC and ENSG.
Loading charts...
Drawdown Indicators
| THC | ENSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.28% | -55.57% | -42.71% |
Max Drawdown (1Y)Largest decline over 1 year | -34.08% | -27.50% | -6.58% |
Max Drawdown (3Y)Largest decline over 3 years | -36.90% | -27.50% | -9.40% |
Max Drawdown (5Y)Largest decline over 5 years | -58.88% | -27.50% | -31.38% |
Max Drawdown (10Y)Largest decline over 10 years | -71.68% | -55.57% | -16.11% |
Current DrawdownCurrent decline from peak | -33.41% | -27.50% | -5.91% |
Average DrawdownAverage peak-to-trough decline | -51.56% | -12.25% | -39.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.77% | 8.37% | +4.40% |
Volatility
THC vs. ENSG - Volatility Comparison
The current volatility for Tenet Healthcare Corporation (THC) is 10.20%, while The Ensign Group, Inc. (ENSG) has a volatility of 11.54%. This indicates that THC experiences smaller price fluctuations and is considered to be less risky than ENSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| THC | ENSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.20% | 11.54% | -1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 27.65% | 22.20% | +5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.27% | 27.98% | +11.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.29% | 26.68% | +17.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.31% | 36.09% | +20.22% |
Dividends
THC vs. ENSG - Dividend Comparison
THC has not paid dividends to shareholders, while ENSG's dividend yield for the trailing twelve months is around 0.16%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENSG The Ensign Group, Inc. | 0.16% | 0.14% | 0.18% | 0.21% | 0.24% | 0.25% | 0.28% | 0.40% | 0.47% | 0.78% | 0.73% | 0.67% |
THC Tenet Healthcare Corporation | 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
THC vs. ENSG - Financials Comparison
This section allows you to compare key financial metrics between Tenet Healthcare Corporation and The Ensign Group, Inc.. 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
THC vs. ENSG - Profitability Comparison
THC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a gross profit of 3.19B and revenue of 5.37B. Therefore, the gross margin over that period was 59.5%.
ENSG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Ensign Group, Inc. reported a gross profit of 293.37M and revenue of 1.39B. Therefore, the gross margin over that period was 21.1%.
THC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported an operating income of 1.30B and revenue of 5.37B, resulting in an operating margin of 24.1%.
ENSG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Ensign Group, Inc. reported an operating income of 124.85M and revenue of 1.39B, resulting in an operating margin of 9.0%.
THC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a net income of 906.00M and revenue of 5.37B, resulting in a net margin of 16.9%.
ENSG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Ensign Group, Inc. reported a net income of 99.67M and revenue of 1.39B, resulting in a net margin of 7.2%.
Frequently Asked Questions
THC and ENSG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ENSG has higher volatility (11.54%) compared to THC (10.20%). In terms of maximum drawdown, THC dropped -98.28% vs ENSG's -55.57%.
ENSG currently has the higher Sharpe Ratio (0.10 vs -0.13), 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.
Find the right allocation for THC and ENSG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer