TUSK vs. NE
TUSK (Mammoth Energy Services, Inc.) and NE (Noble Corporation) are both stocks. TUSK operates in Conglomerates (Industrials), while NE operates in Oil & Gas Drilling (Energy). Over the past 5 years, TUSK returned -3.15%/yr vs 17.16%/yr for NE. At a 0.35 correlation, their price movements are largely independent.
Performance
TUSK vs. NE - Performance Comparison
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Returns By Period
In the year-to-date period, TUSK achieves a 77.84% return, which is significantly higher than NE's 69.84% return.
TUSK
- 1D
- 3.13%
- 1M
- 2.81%
- YTD
- 77.84%
- 6M
- 85.88%
- 1Y
- 21.85%
- 3Y*
- -10.70%
- 5Y*
- -3.15%
- 10Y*
- —
NE
- 1D
- 1.73%
- 1M
- -10.32%
- YTD
- 69.84%
- 6M
- 61.33%
- 1Y
- 70.26%
- 3Y*
- 13.81%
- 5Y*
- 17.16%
- 10Y*
- —
TUSK vs. NE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TUSK Mammoth Energy Services, Inc. | 77.84% | -38.33% | -32.74% | -48.44% | 375.27% | -51.98% |
NE Noble Corporation | 69.84% | -3.21% | -31.57% | 29.54% | 52.00% | 1.27% |
Correlation
The correlation between TUSK and NE is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 9, 2021 | 0.35 |
Fundamentals
TUSK:
$159.01M
NE:
$7.55B
TUSK:
-$1.47
NE:
$1.43
TUSK:
2.54
NE:
2.35
TUSK:
0.60
NE:
1.65
TUSK:
$62.70M
NE:
$3.20B
TUSK:
$9.65M
NE:
$716.15M
TUSK:
-$14.10M
NE:
$1.11B
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Return for Risk
TUSK vs. NE — Risk / Return Rank
TUSK
NE
TUSK vs. NE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mammoth Energy Services, Inc. (TUSK) and Noble Corporation (NE). 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.
| TUSK | NE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.47 | ||
| Sortino ratioReturn per unit of downside risk | -1.50 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.29 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 4.28 | -3.87 |
| Martin ratioReturn relative to average drawdown | 0.74 | 9.03 | -8.29 |
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Drawdowns
TUSK vs. NE - Drawdown Comparison
The maximum TUSK drawdown since its inception was -98.55%, which is greater than NE's maximum drawdown of -63.16%. Use the drawdown chart below to compare losses from any high point for TUSK and NE.
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Drawdown Indicators
| TUSK | NE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.55% | -63.16% | -35.39% |
Max Drawdown (1Y)Largest decline over 1 year | -42.52% | -16.56% | -25.96% |
Max Drawdown (3Y)Largest decline over 3 years | -69.27% | -63.16% | -6.11% |
Max Drawdown (5Y)Largest decline over 5 years | -80.00% | -63.16% | -16.84% |
Current DrawdownCurrent decline from peak | -91.77% | -12.75% | -79.02% |
Average DrawdownAverage peak-to-trough decline | -73.03% | -19.49% | -53.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.68% | 7.83% | +15.85% |
Volatility
TUSK vs. NE - Volatility Comparison
Mammoth Energy Services, Inc. (TUSK) has a higher volatility of 22.47% compared to Noble Corporation (NE) at 10.86%. This indicates that TUSK's price experiences larger fluctuations and is considered to be riskier than NE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TUSK | NE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.47% | 10.86% | +11.61% |
Volatility (6M)Calculated over the trailing 6-month period | 55.18% | 29.03% | +26.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.95% | 40.86% | +26.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.68% | 43.44% | +29.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.23% | 43.39% | +43.84% |
Dividends
TUSK vs. NE - Dividend Comparison
TUSK has not paid dividends to shareholders, while NE's dividend yield for the trailing twelve months is around 4.26%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
NE Noble Corporation | 4.26% | 7.08% | 5.73% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TUSK Mammoth Energy Services, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 11.36% | 1.39% |
Financials
TUSK vs. NE - Financials Comparison
This section allows you to compare key financial metrics between Mammoth Energy Services, Inc. and Noble 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
TUSK vs. NE - Profitability Comparison
TUSK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mammoth Energy Services, Inc. reported a gross profit of 15.78M and revenue of 22.03M. Therefore, the gross margin over that period was 71.6%.
NE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a gross profit of 305.45M and revenue of 785.69M. Therefore, the gross margin over that period was 38.9%.
TUSK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mammoth Energy Services, Inc. reported an operating income of 4.68M and revenue of 22.03M, resulting in an operating margin of 21.3%.
NE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported an operating income of 225.31M and revenue of 785.69M, resulting in an operating margin of 28.7%.
TUSK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mammoth Energy Services, Inc. reported a net income of 5.19M and revenue of 22.03M, resulting in a net margin of 23.6%.
NE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Noble Corporation reported a net income of 120.73M and revenue of 785.69M, resulting in a net margin of 15.4%.
Frequently Asked Questions
TUSK and NE have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TUSK has higher volatility (22.47%) compared to NE (10.86%). In terms of maximum drawdown, TUSK dropped -98.55% vs NE's -63.16%.
NE currently has the higher Sharpe Ratio (1.73 vs 0.26), 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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