TRGP vs. ELMD
TRGP (Targa Resources Corp.) and ELMD (Electromed, Inc.) are both stocks. TRGP operates in Oil & Gas Midstream (Energy), while ELMD operates in Medical Devices (Healthcare). Over the past 10 years, TRGP returned 26.71%/yr vs 24.27%/yr for ELMD. At a 0.12 correlation, their price movements are largely independent.
Performance
TRGP vs. ELMD - 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 ELMD's 27.54% return. Over the past 10 years, TRGP has outperformed ELMD with an annualized return of 26.71%, while ELMD has yielded a comparatively lower 24.27% 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%
ELMD
- 1D
- -1.25%
- 1M
- 9.14%
- YTD
- 27.54%
- 6M
- 24.42%
- 1Y
- 85.61%
- 3Y*
- 47.60%
- 5Y*
- 27.88%
- 10Y*
- 24.27%
TRGP vs. ELMD - 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% |
ELMD Electromed, Inc. | 27.54% | -1.46% | 170.85% | 4.00% | -19.31% | 32.52% | 13.41% | 69.94% | -16.14% | 56.44% |
Correlation
The correlation between TRGP and ELMD 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 | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.09 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 7, 2010 | 0.12 |
The correlation between TRGP and ELMD shifts across timeframes, from 0.01 (1 year) to 0.12 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TRGP:
$13.11
ELMD:
$1.16
TRGP:
20.79
ELMD:
31.92
TRGP:
0.23
ELMD:
0.88
TRGP:
2.70
ELMD:
4.50
TRGP:
$16.38B
ELMD:
$71.75M
TRGP:
$3.62B
ELMD:
$56.28M
TRGP:
$4.49B
ELMD:
$14.10M
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Return for Risk
TRGP vs. ELMD — Risk / Return Rank
TRGP
ELMD
TRGP vs. ELMD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and Electromed, Inc. (ELMD). 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 | ELMD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.75 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.32 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 4.00 | 3.70 | +0.30 |
| Martin ratioReturn relative to average drawdown | 13.02 | 7.48 | +5.54 |
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Drawdowns
TRGP vs. ELMD - Drawdown Comparison
The maximum TRGP drawdown since its inception was -95.21%, which is greater than ELMD's maximum drawdown of -78.65%. Use the drawdown chart below to compare losses from any high point for TRGP and ELMD.
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Drawdown Indicators
| TRGP | ELMD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.21% | -78.65% | -16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -16.30% | -23.27% | +6.97% |
Max Drawdown (3Y)Largest decline over 3 years | -31.61% | -48.86% | +17.25% |
Max Drawdown (5Y)Largest decline over 5 years | -31.61% | -48.86% | +17.25% |
Max Drawdown (10Y)Largest decline over 10 years | -90.78% | -55.84% | -34.94% |
Current DrawdownCurrent decline from peak | -1.50% | -5.47% | +3.97% |
Average DrawdownAverage peak-to-trough decline | -33.55% | -33.86% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.00% | 11.49% | -6.49% |
Volatility
TRGP vs. ELMD - Volatility Comparison
The current volatility for Targa Resources Corp. (TRGP) is 7.77%, while Electromed, Inc. (ELMD) has a volatility of 13.66%. This indicates that TRGP experiences smaller price fluctuations and is considered to be less risky than ELMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRGP | ELMD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.77% | 13.66% | -5.89% |
Volatility (6M)Calculated over the trailing 6-month period | 18.59% | 37.53% | -18.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.29% | 52.64% | -25.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.90% | 46.29% | -14.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.62% | 52.97% | -5.35% |
Dividends
TRGP vs. ELMD - Dividend Comparison
TRGP's dividend yield for the trailing twelve months is around 1.56%, while ELMD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELMD Electromed, 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% |
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. ELMD - Financials Comparison
This section allows you to compare key financial metrics between Targa Resources Corp. and Electromed, 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
TRGP vs. ELMD - 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%.
ELMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a gross profit of 14.64M and revenue of 18.58M. Therefore, the gross margin over that period was 78.8%.
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%.
ELMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported an operating income of 3.77M and revenue of 18.58M, resulting in an operating margin of 20.3%.
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%.
ELMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Electromed, Inc. reported a net income of 3.00M and revenue of 18.58M, resulting in a net margin of 16.2%.
Frequently Asked Questions
TRGP and ELMD 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.
ELMD has higher volatility (13.66%) compared to TRGP (7.77%). In terms of maximum drawdown, TRGP dropped -95.21% vs ELMD's -78.65%.
TRGP currently has the higher Sharpe Ratio (2.39 vs 1.64), 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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