TNGX vs. IMO

Last updated Jun 13, 2026

TNGX (Tango Therapeutics, Inc.) and IMO (Imperial Oil Limited) are both stocks. TNGX operates in Biotechnology (Healthcare), while IMO operates in Oil & Gas Integrated (Energy). Over the past 5 years, TNGX returned 22.99%/yr vs 32.35%/yr for IMO. At a 0.09 correlation, their price movements are largely independent.

Performance

TNGX vs. IMO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tango Therapeutics, Inc. (TNGX) and Imperial Oil Limited (IMO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TNGX achieves a 249.21% return, which is significantly higher than IMO's 41.99% return.

TNGX

• 1D: 3.76%
• 1M: 21.29%
• YTD: 249.21%
• 6M: 230.91%
• 1Y: 512.67%
• 3Y*: 104.27%
• 5Y*: 22.99%
• 10Y*: —

IMO

• 1D: 0.26%
• 1M: -7.42%
• YTD: 41.99%
• 6M: 33.35%
• 1Y: 56.95%
• 3Y*: 37.72%
• 5Y*: 32.35%
• 10Y*: 17.61%

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

TNGX vs. IMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TNGX Tango Therapeutics, Inc.	249.21%	186.73%	-68.79%	36.55%	-33.73%	-4.37%	15.79%
IMO Imperial Oil Limited	41.99%	43.85%	10.47%	20.89%	38.00%	95.29%	21.37%

Correlation

The correlation between TNGX and IMO 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	0.02
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020	0.09

Fundamentals

Market Cap TNGX : $4.44B IMO : $58.80B
EPS TNGX : -$0.89 IMO : $5.87
PS Ratio TNGX : 65.32 IMO : 1.30
PB Ratio TNGX : 11.35 IMO : 2.58
Total Revenue (TTM) TNGX : $56.99M IMO : $46.55B
Gross Profit (TTM) TNGX : $55.33M IMO : $7.69B
EBITDA (TTM) TNGX : -$111.92M IMO : $6.36B

Return for Risk

TNGX vs. IMO — Risk / Return Rank

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

TNGX

TNGX Risk / Return Rank: 98
TNGX Sharpe Ratio Rank: 99
TNGX Sortino Ratio Rank: 98
TNGX Omega Ratio Rank: 96
TNGX Calmar Ratio Rank: 99
TNGX Martin Ratio Rank: 99

IMO

IMO Risk / Return Rank: 87
IMO Sharpe Ratio Rank: 90
IMO Sortino Ratio Rank: 86
IMO Omega Ratio Rank: 84
IMO Calmar Ratio Rank: 87
IMO Martin Ratio Rank: 89

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.

TNGX vs. IMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tango Therapeutics, Inc. (TNGX) and Imperial Oil Limited (IMO). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TNGX	IMO	Difference
Sharpe ratio: Return per unit of total volatility	5.18	2.10	+3.08
Sortino ratio: Return per unit of downside risk	4.89	2.67	+2.22
Omega ratio: Gain probability vs. loss probability	1.60	1.33	+0.28
Calmar ratio: Return relative to maximum drawdown	17.69	3.47	+14.22
Martin ratio: Return relative to average drawdown	46.00	10.04	+35.96

TNGX vs. IMO - Sharpe Ratio Comparison

The current TNGX Sharpe Ratio is 5.18, which is higher than the IMO Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of TNGX and IMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TNGX vs. IMO - Drawdown Comparison

The maximum TNGX drawdown since its inception was -93.64%, which is greater than IMO's maximum drawdown of -84.82%. Use the drawdown chart below to compare losses from any high point for TNGX and IMO.

Drawdown Indicators

	TNGX	IMO	Difference
Max Drawdown Largest peak-to-trough decline	-93.64%	-84.82%	-8.82%
Max Drawdown (1Y) Largest decline over 1 year	-29.24%	-16.51%	-12.73%
Max Drawdown (3Y) Largest decline over 3 years	-91.46%	-22.95%	-68.51%
Max Drawdown (5Y) Largest decline over 5 years	-93.64%	-29.72%	-63.92%
Max Drawdown (10Y) Largest decline over 10 years	—	-76.96%	—
Current Drawdown Current decline from peak	-1.96%	-11.88%	+9.92%
Average Drawdown Average peak-to-trough decline	-47.98%	-21.19%	-26.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.24%	5.69%	+5.55%

Volatility

TNGX vs. IMO - Volatility Comparison

Tango Therapeutics, Inc. (TNGX) has a higher volatility of 52.40% compared to Imperial Oil Limited (IMO) at 9.97%. This indicates that TNGX's price experiences larger fluctuations and is considered to be riskier than IMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TNGX	IMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	52.40%	9.97%	+42.43%
Volatility (6M) Calculated over the trailing 6-month period	77.75%	22.21%	+55.54%
Volatility (1Y) Calculated over the trailing 1-year period	99.90%	27.31%	+72.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.94%	32.66%	+69.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	96.02%	35.55%	+60.47%

Dividends

TNGX vs. IMO - Dividend Comparison

TNGX has not paid dividends to shareholders, while IMO's dividend yield for the trailing twelve months is around 1.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IMO Imperial Oil Limited	1.90%	2.40%	2.84%	2.73%	2.30%	2.28%	3.50%	2.41%	2.36%	2.02%	1.70%	1.66%
TNGX Tango Therapeutics, 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%

Financials

Frequently Asked Questions

Can I hold both TNGX and IMO in my portfolio?

TNGX and IMO 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, TNGX or IMO?

TNGX has higher volatility (52.40%) compared to IMO (9.97%). In terms of maximum drawdown, TNGX dropped -93.64% vs IMO's -84.82%.

Which has better risk-adjusted returns?

TNGX currently has the higher Sharpe Ratio (5.18 vs 2.10), 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.