TRGP vs. UI
TRGP (Targa Resources Corp.) and UI (Ubiquiti Inc.) are both stocks. TRGP operates in Oil & Gas Midstream (Energy), while UI operates in Communication Equipment (Technology). Over the past 10 years, TRGP returned 25.93%/yr vs 31.52%/yr for UI. At a 0.20 correlation, their price movements are largely independent.
Performance
TRGP vs. UI - Performance Comparison
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Returns By Period
In the year-to-date period, TRGP achieves a 44.60% return, which is significantly higher than UI's 3.76% return. Over the past 10 years, TRGP has underperformed UI with an annualized return of 25.93%, while UI has yielded a comparatively higher 31.52% annualized return.
TRGP
- 1D
- 0.02%
- 1M
- 6.45%
- YTD
- 44.60%
- 6M
- 48.96%
- 1Y
- 61.68%
- 3Y*
- 58.56%
- 5Y*
- 45.30%
- 10Y*
- 25.93%
UI
- 1D
- 0.96%
- 1M
- -31.90%
- YTD
- 3.76%
- 6M
- -1.29%
- 1Y
- 40.95%
- 3Y*
- 51.97%
- 5Y*
- 13.77%
- 10Y*
- 31.52%
TRGP vs. UI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRGP Targa Resources Corp. | 44.60% | 5.65% | 110.12% | 21.01% | 43.71% | 100.15% | -32.48% | 23.98% | -19.88% | -7.09% |
UI Ubiquiti Inc. | 3.76% | 67.72% | 141.15% | -48.23% | -9.99% | 10.83% | 48.49% | 91.65% | 40.69% | 22.87% |
Correlation
The correlation between TRGP and UI is 0.02, 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 | 0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Oct 17, 2011 | 0.20 |
The correlation between TRGP and UI shifts across timeframes, from 0.02 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TRGP:
$13.11
UI:
$15.56
TRGP:
20.14
UI:
36.82
TRGP:
0.22
UI:
2.39
TRGP:
2.61
UI:
11.20
TRGP:
$16.38B
UI:
$3.10B
TRGP:
$3.62B
UI:
$1.42B
TRGP:
$4.49B
UI:
$1.12B
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Return for Risk
TRGP vs. UI — Risk / Return Rank
TRGP
UI
TRGP vs. UI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Targa Resources Corp. (TRGP) and Ubiquiti Inc. (UI). 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.
| TRGP | UI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.18 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 3.80 | 0.86 | +2.94 |
| Martin ratioReturn relative to average drawdown | 12.41 | 2.13 | +10.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRGP | UI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.26 | 0.66 | +1.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.43 | 0.28 | +1.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.55 | 0.66 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.54 | -0.07 |
Drawdowns
TRGP vs. UI - Drawdown Comparison
The maximum TRGP drawdown since its inception was -95.21%, which is greater than UI's maximum drawdown of -77.49%. Use the drawdown chart below to compare losses from any high point for TRGP and UI.
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Drawdown Indicators
| TRGP | UI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.21% | -77.49% | -17.72% |
Max Drawdown (1Y)Largest decline over 1 year | -16.30% | -47.62% | +31.32% |
Max Drawdown (3Y)Largest decline over 3 years | -31.61% | -47.62% | +16.01% |
Max Drawdown (5Y)Largest decline over 5 years | -31.61% | -69.44% | +37.83% |
Max Drawdown (10Y)Largest decline over 10 years | -90.78% | -72.21% | -18.57% |
Current DrawdownCurrent decline from peak | -4.56% | -47.12% | +42.56% |
Average DrawdownAverage peak-to-trough decline | -33.59% | -26.53% | -7.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.99% | 19.31% | -14.32% |
Volatility
TRGP vs. UI - Volatility Comparison
The current volatility for Targa Resources Corp. (TRGP) is 8.08%, while Ubiquiti Inc. (UI) has a volatility of 18.36%. This indicates that TRGP experiences smaller price fluctuations and is considered to be less risky than UI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRGP | UI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.08% | 18.36% | -10.28% |
Volatility (6M)Calculated over the trailing 6-month period | 18.47% | 39.92% | -21.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.43% | 62.06% | -34.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.96% | 48.63% | -16.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.67% | 47.98% | -0.31% |
Dividends
TRGP vs. UI - Dividend Comparison
TRGP's dividend yield for the trailing twelve months is around 1.61%, more than UI's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRGP Targa Resources Corp. | 1.61% | 2.03% | 1.54% | 2.13% | 1.90% | 0.77% | 4.59% | 8.92% | 10.11% | 7.52% | 6.49% | 12.53% |
UI Ubiquiti Inc. | 0.56% | 0.51% | 0.72% | 1.72% | 0.88% | 0.65% | 0.50% | 0.58% | 0.50% | 0.00% | 0.00% | 0.00% |
Financials
TRGP vs. UI - Financials Comparison
This section allows you to compare key financial metrics between Targa Resources Corp. and Ubiquiti 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. UI - 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%.
UI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ubiquiti Inc. reported a gross profit of 370.71M and revenue of 788.20M. Therefore, the gross margin over that period was 47.0%.
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%.
UI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ubiquiti Inc. reported an operating income of 290.82M and revenue of 788.20M, resulting in an operating margin of 36.9%.
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%.
UI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ubiquiti Inc. reported a net income of 233.91M and revenue of 788.20M, resulting in a net margin of 29.7%.
Frequently Asked Questions
TRGP and UI have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UI has higher volatility (18.36%) compared to TRGP (8.08%). In terms of maximum drawdown, TRGP dropped -95.21% vs UI's -77.49%.
TRGP currently has the higher Sharpe Ratio (2.26 vs 0.66), 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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