WTI vs. EQT
WTI (W&T Offshore, Inc.) and EQT (EQT Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, WTI returned 7.31%/yr vs 4.11%/yr for EQT. At a 0.49 correlation, their price movements are largely independent.
Performance
WTI vs. EQT - Performance Comparison
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Returns By Period
In the year-to-date period, WTI achieves a 152.94% return, which is significantly higher than EQT's 3.64% return. Over the past 10 years, WTI has outperformed EQT with an annualized return of 7.31%, while EQT has yielded a comparatively lower 4.11% annualized return.
WTI
- 1D
- 2.24%
- 1M
- -2.39%
- YTD
- 152.94%
- 6M
- 129.05%
- 1Y
- 160.54%
- 3Y*
- 2.54%
- 5Y*
- -1.06%
- 10Y*
- 7.31%
EQT
- 1D
- 1.41%
- 1M
- -5.66%
- YTD
- 3.64%
- 6M
- -7.52%
- 1Y
- 0.71%
- 3Y*
- 16.95%
- 5Y*
- 22.48%
- 10Y*
- 4.11%
WTI vs. EQT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTI W&T Offshore, Inc. | 152.94% | 0.62% | -48.17% | -41.41% | 72.76% | 48.85% | -60.97% | 34.95% | 24.47% | 19.49% |
EQT EQT Corporation | 3.64% | 17.64% | 21.41% | 16.20% | 57.64% | 71.60% | 17.27% | -41.82% | -38.82% | -12.80% |
Correlation
The correlation between WTI and EQT is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2005 | 0.49 |
Over the past year, the correlation between WTI and EQT has dropped to 0.25 - well below their long-term average of 0.49, suggesting their price drivers have been diverging.
Fundamentals
WTI:
$609.99M
EQT:
$34.53B
WTI:
-$0.96
EQT:
$5.40
WTI:
1.17
EQT:
3.41
WTI:
$521.61M
EQT:
$10.03B
WTI:
$15.24M
EQT:
$6.43B
WTI:
$68.54M
EQT:
$7.48B
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Return for Risk
WTI vs. EQT — Risk / Return Rank
WTI
EQT
WTI vs. EQT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for W&T Offshore, Inc. (WTI) 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.
| WTI | EQT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.90 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.03 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.02 | 0.04 | +3.99 |
| Martin ratioReturn relative to average drawdown | 7.72 | 0.07 | +7.66 |
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
| WTI | EQT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 0.02 | +1.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.53 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.10 | 0.08 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.30 | -0.38 |
Drawdowns
WTI vs. EQT - Drawdown Comparison
The maximum WTI drawdown since its inception was -97.59%, which is greater than EQT's maximum drawdown of -91.51%. Use the drawdown chart below to compare losses from any high point for WTI and EQT.
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Drawdown Indicators
| WTI | EQT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.59% | -91.51% | -6.08% |
Max Drawdown (1Y)Largest decline over 1 year | -40.17% | -19.59% | -20.58% |
Max Drawdown (3Y)Largest decline over 3 years | -74.31% | -31.62% | -42.69% |
Max Drawdown (5Y)Largest decline over 5 years | -87.31% | -42.56% | -44.75% |
Max Drawdown (10Y)Largest decline over 10 years | -88.92% | -88.28% | -0.64% |
Current DrawdownCurrent decline from peak | -90.45% | -18.45% | -72.00% |
Average DrawdownAverage peak-to-trough decline | -74.07% | -23.34% | -50.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.88% | 10.94% | +9.94% |
Volatility
WTI vs. EQT - Volatility Comparison
W&T Offshore, Inc. (WTI) has a higher volatility of 23.86% compared to EQT Corporation (EQT) at 7.87%. This indicates that WTI's price experiences larger fluctuations and is considered to be riskier than EQT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTI | EQT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.86% | 7.87% | +15.99% |
Volatility (6M)Calculated over the trailing 6-month period | 66.08% | 21.57% | +44.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 84.25% | 32.57% | +51.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.88% | 42.80% | +26.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.15% | 48.91% | +24.24% |
Dividends
WTI vs. EQT - Dividend Comparison
WTI's dividend yield for the trailing twelve months is around 0.98%, less than EQT's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EQT EQT Corporation | 1.18% | 1.19% | 1.37% | 1.57% | 1.63% | 0.00% | 0.24% | 1.10% | 0.42% | 0.21% | 0.18% | 0.23% |
WTI W&T Offshore, Inc. | 0.98% | 2.45% | 2.41% | 0.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WTI vs. EQT - Financials Comparison
This section allows you to compare key financial metrics between W&T Offshore, Inc. and EQT 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
WTI vs. EQT - Profitability Comparison
WTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, W&T Offshore, Inc. reported a gross profit of 0.00 and revenue of 150.02M. Therefore, the gross margin over that period was 0.0%.
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%.
WTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, W&T Offshore, Inc. reported an operating income of 14.64M and revenue of 150.02M, resulting in an operating margin of 9.8%.
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%.
WTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, W&T Offshore, Inc. reported a net income of -22.53M and revenue of 150.02M, resulting in a net margin of -15.0%.
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
WTI and EQT have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WTI has higher volatility (23.86%) compared to EQT (7.87%). In terms of maximum drawdown, WTI dropped -97.59% vs EQT's -91.51%.
WTI currently has the higher Sharpe Ratio (1.92 vs 0.02), 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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