TERN vs ACT

Comparison between Terns Pharmaceuticals Inc (TERN, Company) and Enact Holdings Inc (ACT, Company).

TERN is from the Healthcare sector, while ACT is from the Financial Services sector.

5-Year PerformanceTERN has outperformed ACT, delivering a return of +25.4% compared to +22.3%

TERN vs ACT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TERN(COMPANY)	ACT(COMPANY)
Market Cap	$5.95B	$5.95B
Max Drawdown	94.50%	21.87%
Sharpe Ratio	3.07	0.89
5Y Beta	N/A	0.37
Industry	Biotechnology	Insurance - Specialty
P/E Ratio	-50.88	9.03
Forward P/E	N/A	8.25
PEG Ratio	N/A	2.25
Dividend Yield	N/A	1.97%
Debt to Equity	0.00%	13.94%
Free Cash Flow Yield	-1.38%	12.14%

Market Cap

Winner

TERN

$5.95B

ACT

$5.95B

Max Drawdown

TERN

94.50%

Winner

ACT

21.87%

Sharpe Ratio

Winner

TERN

3.07

ACT

0.89

5Y Beta

TERN

N/A

ACT

0.37

Industry

TERN

Biotechnology

ACT

Insurance - Specialty

P/E Ratio

Winner

TERN

-50.88

ACT

9.03

Forward P/E

TERN

N/A

ACT

8.25

PEG Ratio

TERN

N/A

ACT

2.25

Dividend Yield

TERN

N/A

ACT

1.97%

Debt to Equity

Winner

TERN

0.00%

ACT

13.94%

Free Cash Flow Yield

TERN

-1.38%

Winner

ACT

12.14%

TERN vs ACT - Historical Returns

Returns include dividend reinvestment.

Period	TERN	ACT
1 month	+0.32%	-3.20%
3 months	+49.83%	+5.47%
6 months	+191.09%	+5.47%
1 year	+1504.55%	+20.76%
5 years(CAGR)	+25.44%	+22.31%
Max(CAGR)	+22.35%	+22.31%

Winner

TERN

+0.32%

ACT

-3.20%

Winner

TERN

+49.83%

ACT

+5.47%

Winner

TERN

+191.09%

ACT

+5.47%

Winner

TERN

+1504.55%

ACT

+20.76%

5Y(CAGR)

Winner

TERN

+25.44%

ACT

+22.31%

Max(CAGR)

Winner

TERN

+22.35%

ACT

+22.31%

TERN vs ACT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	TERN	ACT
2026	+32.01%	+8.13%
2025	+612.52%	+25.43%
2024	-14.51%	+16.49%
2023	-26.08%	+25.34%
2022	+51.94%	+20.99%
2021	-61.56%	+6.61%

TERN vs ACT Drawdown Comparison

The maximum drawdown for TERN was -94.50%, occurring on May 11, 2022. Recovery took 1173 trading sessions.

The maximum drawdown for ACT was -20.26%, occurring on Sep 27, 2022. Recovery took 202 trading sessions.

The current TERN drawdown is -0.41%. The current ACT drawdown is -3.50%.

Rank	TERN	ACT
#1	-94.50% Mar 19, 2021 - Nov 18, 2025	-20.26% Aug 17, 2022 - Jun 7, 2023
#2	-32.02% Mar 3, 2021 - Mar 12, 2021	-16.25% Jun 3, 2022 - Aug 3, 2022
#3	-27.56% Dec 11, 2025 - Mar 18, 2026	-15.33% Sep 19, 2024 - May 2, 2025
#4	-16.13% Feb 10, 2021 - Feb 24, 2021	-13.95% Feb 10, 2022 - Mar 25, 2022
#5	-12.11% Nov 25, 2025 - Dec 5, 2025	-13.28% Nov 4, 2021 - Jan 12, 2022
#6	-5.26% Nov 18, 2025 - Nov 24, 2025	-10.96% Sep 11, 2025 - Nov 25, 2025
#7	-4.09% Mar 12, 2021 - Mar 18, 2021	-10.27% Apr 20, 2022 - Jun 2, 2022
#8	-2.27% Mar 1, 2021 - Mar 3, 2021	-9.88% Dec 27, 2023 - Mar 11, 2024
#9	-1.26% Mar 19, 2026 - Mar 23, 2026	-9.02% Jul 3, 2025 - Aug 13, 2025
#10	-1.15% Mar 26, 2026 - Apr 9, 2026	-9.00% Mar 29, 2022 - Apr 18, 2022
#11	-0.13% Feb 25, 2021 - Mar 1, 2021	-8.69% Aug 7, 2023 - Dec 14, 2023
#12	N/A	-8.65% Feb 5, 2026 - Apr 28, 2026
#13	N/A	-7.70% May 2, 2025 - Jun 23, 2025
#14	N/A	-7.65% Apr 29, 2026 - Jun 3, 2026
#15	N/A	-6.96% Sep 29, 2021 - Oct 19, 2021