VELO vs. EQT

Last updated Jun 4, 2026

VELO (Velo3D, Inc) and EQT (EQT Corporation) are both stocks. VELO operates in Computer Hardware (Technology), while EQT operates in Oil & Gas E&P (Energy). At a correlation of -0.00, they often move in opposite directions.

Performance

VELO vs. EQT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Velo3D, Inc (VELO) and EQT Corporation (EQT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VELO achieves a 42.72% return, which is significantly higher than EQT's 2.20% return.

VELO

• 1D: -11.39%
• 1M: 52.37%
• YTD: 42.72%
• 6M: 240.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

EQT

• 1D: -0.38%
• 1M: -7.54%
• YTD: 2.20%
• 6M: -10.45%
• 1Y: -2.72%
• 3Y*: 15.86%
• 5Y*: 22.14%
• 10Y*: 4.02%

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

VELO vs. EQT - Yearly Performance Comparison

	2026 (YTD)	2025
VELO Velo3D, Inc	42.72%	308.93%
EQT EQT Corporation	2.20%	6.37%

Correlation

The correlation between VELO and EQT 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 (All Time) Calculated using the full available price history since Aug 20, 2025	-0.00

Fundamentals

Market Cap VELO : $490.66B EQT : $34.05B
EPS VELO : -$1.12 EQT : $5.40
PS Ratio VELO : 8.87 EQT : 3.37
PB Ratio VELO : 9.52 EQT : 1.36
Total Revenue (TTM) VELO : $13.85B EQT : $10.03B
Gross Profit (TTM) VELO : $2.37B EQT : $6.43B
EBITDA (TTM) VELO : -$6.98B EQT : $7.48B

Return for Risk

VELO vs. EQT — Risk / Return Rank

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

EQT

EQT Risk / Return Rank: 34
EQT Sharpe Ratio Rank: 37
EQT Sortino Ratio Rank: 32
EQT Omega Ratio Rank: 31
EQT Calmar Ratio Rank: 35
EQT Martin Ratio Rank: 36

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.

VELO vs. EQT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Velo3D, Inc (VELO) and EQT Corporation (EQT). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	VELO	EQT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.52	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	4.43	0.30	+4.13

Drawdowns

VELO vs. EQT - Drawdown Comparison

The maximum VELO drawdown since its inception was -60.84%, smaller than the maximum EQT drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for VELO and EQT.

Drawdown Indicators

	VELO	EQT	Difference
Max Drawdown Largest peak-to-trough decline	-60.84%	-91.51%	+30.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-19.59%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-31.62%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-42.56%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-88.28%	—
Current Drawdown Current decline from peak	-23.99%	-19.59%	-4.40%
Average Drawdown Average peak-to-trough decline	-27.41%	-23.34%	-4.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.88%	—

Volatility

Volatility by Period

	VELO	EQT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	21.75%	—
Volatility (1Y) Calculated over the trailing 1-year period	190.95%	32.54%	+158.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	190.95%	42.80%	+148.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	190.95%	48.92%	+142.03%

Dividends

VELO vs. EQT - Dividend Comparison

VELO has not paid dividends to shareholders, while EQT's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQT EQT Corporation	1.20%	1.19%	1.37%	1.57%	1.63%	0.00%	0.24%	1.10%	0.42%	0.21%	0.18%	0.23%
VELO Velo3D, 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

VELO vs. EQT - Profitability Comparison

The chart below illustrates the profitability comparison between Velo3D, Inc and EQT Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

VELO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Velo3D, Inc reported a gross profit of 2.38B and revenue of 13.82B. Therefore, the gross margin over that period was 17.2%.

EQT - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a gross profit of 3.32B and revenue of 3.38B. Therefore, the gross margin over that period was 98.4%.

VELO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Velo3D, Inc reported an operating income of -6.95B and revenue of 13.82B, resulting in an operating margin of -50.3%.

EQT - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported an operating income of 2.04B and revenue of 3.38B, resulting in an operating margin of 60.3%.

VELO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Velo3D, Inc reported a net income of -7.00B and revenue of 13.82B, resulting in a net margin of -50.7%.

EQT - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, EQT Corporation reported a net income of 1.55B and revenue of 3.38B, resulting in a net margin of 46.0%.

Frequently Asked Questions

Can I hold both VELO and EQT in my portfolio?

VELO and EQT 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.