CMSAVSEROK• 28 Days (Normalized)

CMSA vs EROK (CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078 vs EagleRock Land LLC Class A shares representing limited liability company interests)

Showing Closing Date Range from Sep 11 to Oct 9, 2026.

Normalized cumulative comparison anchored at 0.00% baseline to illustrate pure alpha, return divergence, and market momentum.

CMSA Performance $19.14
-0.08%
CMS Energy Corporation 5.625% Junior Subordinated Notes due 2078
Normalized Baseline0.00%
EROK Performance $21.91
-13.4%
EagleRock Land LLC Class A shares representing limited liability company interests
Normalized Baseline0.00%
Alpha Spread Margin CMSA LEADS
+13.32 pts
CMSA outperforming by 13.32 percentage points
CMSAEROK
Spread Trajectory28 Days (Normalized)

Cumulative Performance Trajectory

Interactive divergence comparison normalized at 0.00% on start date.

CMSA EROK

Comparative Historical Ledger

Daily closing prices, normalized percentages, and relative spread divergence.

Historical Quotes & Breakdown(21 dates)
DateCMSA PriceCMSA Gain (%)EROK PriceEROK Gain (%)Spread
Oct 09, 2026$19.14-0.08% $21.91-13.40% +13.32%
Oct 08, 2026$19.03-0.65% $21.58-14.70% +14.05%
Oct 07, 2026$19.00-0.81% $21.65-14.43% +13.62%
Oct 06, 2026$19.32+0.86% $21.77-13.95% +14.81%
Oct 05, 2026$19.48+1.70% $21.59-14.66% +16.36%
Oct 02, 2026$19.43+1.44% $21.37-15.53% +16.97%
Oct 01, 2026$19.36+1.07% $--
Sep 30, 2026$19.05-0.55% $--
Sep 29, 2026$18.93-1.17% $20.27-19.88% +18.71%
Sep 28, 2026$19.16+0.00% $21.39-15.45% +15.45%
Sep 25, 2026$-$21.57-14.74% -
Sep 24, 2026$-$22.01-13.00% -
Sep 23, 2026$-$22.09-12.69% -
Sep 22, 2026$-$22.32-11.78% -
Sep 21, 2026$-$23.62-6.64% -
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