ZENA vs. REI

Last updated Aug 1, 2026

ZENA (ZenaTech Inc) and REI (Ring Energy, Inc.) are both stocks. ZENA operates in Software - Infrastructure (Technology), while REI operates in Oil & Gas E&P (Energy). Over the past year, ZENA returned -70.84% vs 70.26% for REI. Their 0.12 correlation means their historical movements had little consistent relationship.

Performance

ZENA vs. REI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ZenaTech Inc (ZENA) and Ring Energy, Inc. (REI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ZENA achieves a -60.00% return, which is significantly lower than REI's 42.53% return.

ZENA

• 1D: -1.54%
• 1M: -9.86%
• 6M: -62.13%
• YTD: -60.00%
• 1Y: -70.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -67.50%

REI

• 1D: 0.00%
• 1M: 15.89%
• 6M: 4.20%
• YTD: 42.53%
• 1Y: 70.26%
• 3Y*: -19.08%
• 5Y*: -14.28%
• 10Y*: -16.76%
• ALL TIME*: -7.34%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
REI Ring Energy, Inc.	$4.58M	$5.62M	$7.34M
ZENA ZenaTech Inc	$2.21M	$2.37M	$4.66M

ZENA vs. REI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ZENA ZenaTech Inc	-60.00%	-58.39%	-23.10%
REI Ring Energy, Inc.	42.53%	-36.03%	-15.00%

Correlation

The correlation between ZENA and REI is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (All Time) Calculated using the full available price history since Oct 1, 2024	0.12

Fundamentals

Market Cap ZENA : $79.15M REI : $258.08M
EPS ZENA : -CA$1.06 REI : -$1.92
PS Ratio ZENA : 5.91 REI : 0.75
Total Revenue (TTM) ZENA : CA$12.83M REI : $228.09M
Gross Profit (TTM) ZENA : CA$10.78M REI : $155.05M
EBITDA (TTM) ZENA : -CA$30.02M REI : -$65.89M

Return for Risk

ZENA vs. REI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ZENA

ZENA Risk / Return Rank: 9
ZENA Sharpe Ratio Rank: 10
ZENA Sortino Ratio Rank: 8
ZENA Omega Ratio Rank: 11
ZENA Calmar Ratio Rank: 8
ZENA Martin Ratio Rank: 11

REI

REI Risk / Return Rank: 72
REI Sharpe Ratio Rank: 74
REI Sortino Ratio Rank: 70
REI Omega Ratio Rank: 72
REI Calmar Ratio Rank: 71
REI Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ZENA vs. REI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ZenaTech Inc (ZENA) and Ring Energy, Inc. (REI). 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.

	ZENA	REI	Difference
Sharpe ratio: Return per unit of total volatility	-0.78	0.93	-1.71
Sortino ratio: Return per unit of downside risk	-1.32	1.48	-2.80
Omega ratio: Gain probability vs. loss probability	0.86	1.21	-0.35
Calmar ratio: Return relative to maximum drawdown	-0.89	1.32	-2.22
Martin ratio: Return relative to average drawdown	-1.31	2.97	-4.28

ZENA vs. REI - Sharpe Ratio Comparison

The current ZENA Sharpe Ratio is -0.78, which is lower than the REI Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of ZENA and REI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ZENA vs. REI - Drawdown Comparison

The maximum ZENA drawdown since its inception was -87.96%, smaller than the maximum REI drawdown of -97.68%. Use the drawdown chart below to compare losses from any high point for ZENA and REI.

Drawdown Indicators

	ZENA	REI	Difference
Max Drawdown Largest peak-to-trough decline	-87.96%	-97.68%	+9.72%
Max Drawdown (1Y) Largest decline over 1 year	-81.46%	-47.47%	-33.99%
Max Drawdown (3Y) Largest decline over 3 years	—	-66.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-85.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-97.24%	—
Current Drawdown Current decline from peak	-87.57%	-93.91%	+6.34%
Average Drawdown Average peak-to-trough decline	-65.19%	-69.80%	+4.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	55.31%	21.09%	+34.22%

Volatility

ZENA vs. REI - Volatility Comparison

ZenaTech Inc (ZENA) and Ring Energy, Inc. (REI) have volatilities of 16.94% and 16.61%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ZENA	REI	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.94%	16.61%	+0.33%
Volatility (6M) Calculated over the trailing 6-month period	68.30%	57.74%	+10.56%
Volatility (1Y) Calculated over the trailing 1-year period	93.65%	67.55%	+26.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	238.87%	62.16%	+176.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	238.87%	74.23%	+164.64%

Dividends

ZENA vs. REI - Dividend Comparison

Neither ZENA nor REI has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both ZENA and REI in my portfolio?

ZENA and REI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ZENA or REI?

ZENA has higher volatility (16.94%) compared to REI (16.61%). In terms of maximum drawdown, ZENA dropped -87.96% vs REI's -97.68%.

Which has better risk-adjusted returns?

REI currently has the higher Sharpe Ratio (0.93 vs -0.78), 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.