TRGP vs. BSX
TRGP (Targa Resources Corp.) and BSX (Boston Scientific Corporation) are both stocks. TRGP operates in Oil & Gas Midstream (Energy), while BSX operates in Medical Devices (Healthcare). Over the past 10 years, TRGP returned 26.71%/yr vs 7.42%/yr for BSX. At a 0.26 correlation, their price movements are largely independent.
Performance
TRGP vs. BSX - Performance Comparison
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Returns By Period
In the year-to-date period, TRGP achieves a 49.23% return, which is significantly higher than BSX's -50.80% return. Over the past 10 years, TRGP has outperformed BSX with an annualized return of 26.71%, while BSX has yielded a comparatively lower 7.42% annualized return.
TRGP
- 1D
- 1.20%
- 1M
- 3.54%
- YTD
- 49.23%
- 6M
- 50.30%
- 1Y
- 64.85%
- 3Y*
- 60.15%
- 5Y*
- 45.14%
- 10Y*
- 26.71%
BSX
- 1D
- -0.55%
- 1M
- -11.59%
- YTD
- -50.80%
- 6M
- -49.33%
- 1Y
- -52.40%
- 3Y*
- -2.85%
- 5Y*
- 1.80%
- 10Y*
- 7.42%
TRGP vs. BSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRGP Targa Resources Corp. | 49.23% | 5.65% | 110.12% | 21.01% | 43.71% | 100.15% | -32.48% | 23.98% | -19.88% | -7.09% |
BSX Boston Scientific Corporation | -50.80% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | 42.56% | 14.61% |
Correlation
The correlation between TRGP and BSX is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2010 | 0.26 |
Over the past year, the correlation between TRGP and BSX has dropped to 0.00 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
TRGP:
$13.11
BSX:
$2.38
TRGP:
20.79
BSX:
19.74
TRGP:
0.23
BSX:
0.44
TRGP:
2.70
BSX:
3.40
TRGP:
$16.38B
BSX:
$20.62B
TRGP:
$3.62B
BSX:
$14.52B
TRGP:
$4.49B
BSX:
$4.76B
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Return for Risk
TRGP vs. BSX — Risk / Return Rank
TRGP
BSX
TRGP vs. BSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and Boston Scientific Corporation (BSX). 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.
| TRGP | BSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.90 | ||
| Sortino ratioReturn per unit of downside risk | +5.24 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.67 | +0.70 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | -0.93 | +4.93 |
| Martin ratioReturn relative to average drawdown | 13.02 | -2.00 | +15.02 |
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Drawdowns
TRGP vs. BSX - Drawdown Comparison
The maximum TRGP drawdown since its inception was -95.21%, which is greater than BSX's maximum drawdown of -89.15%. Use the drawdown chart below to compare losses from any high point for TRGP and BSX.
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Drawdown Indicators
| TRGP | BSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.21% | -89.15% | -6.06% |
Max Drawdown (1Y)Largest decline over 1 year | -16.30% | -56.62% | +40.32% |
Max Drawdown (3Y)Largest decline over 3 years | -31.61% | -56.62% | +25.01% |
Max Drawdown (5Y)Largest decline over 5 years | -31.61% | -56.62% | +25.01% |
Max Drawdown (10Y)Largest decline over 10 years | -90.78% | -56.62% | -34.16% |
Current DrawdownCurrent decline from peak | -1.50% | -56.62% | +55.12% |
Average DrawdownAverage peak-to-trough decline | -33.55% | -38.76% | +5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 26.23% | -21.23% |
Volatility
TRGP vs. BSX - Volatility Comparison
The current volatility for Targa Resources Corp. (TRGP) is 7.77%, while Boston Scientific Corporation (BSX) has a volatility of 15.84%. This indicates that TRGP experiences smaller price fluctuations and is considered to be less risky than BSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRGP | BSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 15.84% | -8.07% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 32.83% | -14.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.29% | 34.77% | -7.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.90% | 25.69% | +6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.62% | 27.29% | +20.33% |
Dividends
TRGP vs. BSX - Dividend Comparison
TRGP's dividend yield for the trailing twelve months is around 1.56%, while BSX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSX Boston Scientific 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% |
TRGP Targa Resources Corp. | 1.56% | 2.03% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% |
Financials
TRGP vs. BSX - Financials Comparison
This section allows you to compare key financial metrics between Targa Resources Corp. and Boston Scientific Corporation. 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
TRGP vs. BSX - Profitability Comparison
TRGP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported a gross profit of 0.00 and revenue of 4.09B. Therefore, the gross margin over that period was 0.0%.
BSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a gross profit of 3.61B and revenue of 5.20B. Therefore, the gross margin over that period was 69.4%.
TRGP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported an operating income of 846.90M and revenue of 4.09B, resulting in an operating margin of 20.7%.
BSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported an operating income of 1.07B and revenue of 5.20B, resulting in an operating margin of 20.6%.
TRGP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Targa Resources Corp. reported a net income of 479.60M and revenue of 4.09B, resulting in a net margin of 11.7%.
BSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a net income of 1.34B and revenue of 5.20B, resulting in a net margin of 25.7%.
Frequently Asked Questions
TRGP and BSX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSX has higher volatility (15.84%) compared to TRGP (7.77%). In terms of maximum drawdown, TRGP dropped -95.21% vs BSX's -89.15%.
TRGP currently has the higher Sharpe Ratio (2.39 vs -1.51), 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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