^SIXU vs. AWR

Last updated Jun 4, 2026

^SIXU (Utilities Select Sector Index) is an index, while AWR (American States Water Company) is a stock. Over the past 10 years, ^SIXU returned 5.75%/yr vs 8.62%/yr for AWR. A 0.55 correlation means they provide meaningful diversification when combined.

Performance

^SIXU vs. AWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Utilities Select Sector Index (^SIXU) and American States Water Company (AWR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ^SIXU achieves a 1.90% return, which is significantly lower than AWR's 6.67% return. Over the past 10 years, ^SIXU has underperformed AWR with an annualized return of 5.75%, while AWR has yielded a comparatively higher 8.62% annualized return.

^SIXU

• 1D: -0.54%
• 1M: -6.16%
• YTD: 1.90%
• 6M: -0.15%
• 1Y: 6.22%
• 3Y*: 10.38%
• 5Y*: 6.00%
• 10Y*: 5.75%

AWR

• 1D: -1.31%
• 1M: 0.93%
• YTD: 6.67%
• 6M: 5.97%
• 1Y: -0.10%
• 3Y*: -3.64%
• 5Y*: 1.46%
• 10Y*: 8.62%

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

^SIXU vs. AWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
^SIXU Utilities Select Sector Index	1.90%	12.69%	19.58%	-10.20%	-1.12%	13.62%	-2.80%	22.24%	0.48%	8.32%
AWR American States Water Company	6.67%	-4.32%	-1.18%	-11.43%	-8.92%	32.25%	-6.75%	31.19%	17.91%	29.76%

Correlation

The correlation between ^SIXU and AWR is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 5, 2009	0.55

The correlation between ^SIXU and AWR shifts across timeframes, from 0.39 (1 year) to 0.58 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

^SIXU vs. AWR — Risk / Return Rank

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

^SIXU

^SIXU Risk / Return Rank: 26
^SIXU Sharpe Ratio Rank: 26
^SIXU Sortino Ratio Rank: 24
^SIXU Omega Ratio Rank: 24
^SIXU Calmar Ratio Rank: 29
^SIXU Martin Ratio Rank: 28

AWR

AWR Risk / Return Rank: 37
AWR Sharpe Ratio Rank: 40
AWR Sortino Ratio Rank: 32
AWR Omega Ratio Rank: 33
AWR Calmar Ratio Rank: 40
AWR Martin Ratio Rank: 40

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.

^SIXU vs. AWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Utilities Select Sector Index (^SIXU) and American States Water Company (AWR). 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.

	^SIXU	AWR	Difference
Sharpe ratio: Return per unit of total volatility	0.42	-0.01	+0.43
Sortino ratio: Return per unit of downside risk	0.67	0.14	+0.54
Omega ratio: Gain probability vs. loss probability	1.08	1.02	+0.07
Calmar ratio: Return relative to maximum drawdown	0.64	-0.01	+0.65
Martin ratio: Return relative to average drawdown	1.41	-0.02	+1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

^SIXU vs. AWR - Sharpe Ratio Comparison

The current ^SIXU Sharpe Ratio is 0.42, which is higher than the AWR Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of ^SIXU and AWR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	^SIXU	AWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.42	-0.01	+0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.06	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.30	0.33	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.39	-0.04

Drawdowns

^SIXU vs. AWR - Drawdown Comparison

The maximum ^SIXU drawdown since its inception was -36.56%, roughly equal to the maximum AWR drawdown of -37.39%. Use the drawdown chart below to compare losses from any high point for ^SIXU and AWR.

Drawdown Indicators

	^SIXU	AWR	Difference
Max Drawdown Largest peak-to-trough decline	-36.56%	-37.39%	+0.83%
Max Drawdown (1Y) Largest decline over 1 year	-9.82%	-11.55%	+1.73%
Max Drawdown (3Y) Largest decline over 3 years	-18.03%	-26.73%	+8.70%
Max Drawdown (5Y) Largest decline over 5 years	-27.79%	-32.85%	+5.06%
Max Drawdown (10Y) Largest decline over 10 years	-36.56%	-32.85%	-3.71%
Current Drawdown Current decline from peak	-8.46%	-18.64%	+10.18%
Average Drawdown Average peak-to-trough decline	-6.71%	-10.81%	+4.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.42%	6.41%	-1.99%

Volatility

^SIXU vs. AWR - Volatility Comparison

Utilities Select Sector Index (^SIXU) has a higher volatility of 5.58% compared to American States Water Company (AWR) at 4.15%. This indicates that ^SIXU's price experiences larger fluctuations and is considered to be riskier than AWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	^SIXU	AWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.58%	4.15%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	11.69%	14.83%	-3.14%
Volatility (1Y) Calculated over the trailing 1-year period	14.70%	20.03%	-5.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	22.62%	-5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.41%	26.15%	-6.74%

Frequently Asked Questions

Can I hold both ^SIXU and AWR in my portfolio?

^SIXU and AWR have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ^SIXU or AWR?

^SIXU has higher volatility (5.58%) compared to AWR (4.15%). In terms of maximum drawdown, ^SIXU dropped -36.56% vs AWR's -37.39%.

Which has better risk-adjusted returns?

^SIXU currently has the higher Sharpe Ratio (0.42 vs -0.01), 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.