ABBV vs. CWT
ABBV (AbbVie Inc.) and CWT (California Water Service Group) are both stocks. ABBV operates in Drug Manufacturers - General (Healthcare), while CWT operates in Utilities - Regulated Water (Utilities). Over the past 10 years, ABBV returned 18.94%/yr vs 6.29%/yr for CWT. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
ABBV vs. CWT - Performance Comparison
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Returns By Period
In the year-to-date period, ABBV achieves a 12.42% return, which is significantly lower than CWT's 17.43% return. Over the past 10 years, ABBV has outperformed CWT with an annualized return of 18.94%, while CWT has yielded a comparatively lower 6.29% annualized return.
ABBV
- 1D
- -2.51%
- 1M
- 0.66%
- 6M
- 14.27%
- YTD
- 12.42%
- 1Y
- 36.88%
- 3Y*
- 23.28%
- 5Y*
- 20.99%
- 10Y*
- 18.94%
- ALL TIME*
- 20.35%
CWT
- 1D
- -0.77%
- 1M
- 2.18%
- 6M
- 13.83%
- YTD
- 17.43%
- 1Y
- 13.36%
- 3Y*
- 1.23%
- 5Y*
- -2.29%
- 10Y*
- 6.29%
- ALL TIME*
- 9.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ABBV AbbVie Inc. | $1.40B | $1.53B | $1.60B |
| $24.21M | $23.35M | $24.82M |
ABBV vs. CWT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 12.42% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
CWT California Water Service Group | 17.43% | -1.81% | -10.64% | -12.83% | -14.13% | 35.05% | 6.68% | 9.85% | 7.06% | 36.39% |
Correlation
The correlation between ABBV and CWT is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.23 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.23 |
Fundamentals
ABBV:
$443.24B
CWT:
$3.00B
ABBV:
$2.05
CWT:
$2.23
ABBV:
122.29
CWT:
22.50
ABBV:
7.08
CWT:
2.84
ABBV:
16.19
CWT:
1.66
ABBV:
$62.82B
CWT:
$1.05B
ABBV:
$46.15B
CWT:
$196.22M
ABBV:
$17.96B
CWT:
$346.36M
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Return for Risk
ABBV vs. CWT — Risk / Return Rank
ABBV
CWT
ABBV vs. CWT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AbbVie Inc. (ABBV) and California Water Service Group (CWT). 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.
| ABBV | CWT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.11 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 0.92 | +1.22 |
| Martin ratioReturn relative to average drawdown | 4.73 | 1.74 | +2.99 |
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Drawdowns
ABBV vs. CWT - Drawdown Comparison
The maximum ABBV drawdown since its inception was -45.09%, which is greater than CWT's maximum drawdown of -38.21%. Use the drawdown chart below to compare losses from any high point for ABBV and CWT.
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Drawdown Indicators
| ABBV | CWT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.09% | -38.21% | -6.88% |
Max Drawdown (1Y)Largest decline over 1 year | -17.32% | -14.59% | -2.73% |
Max Drawdown (3Y)Largest decline over 3 years | -20.74% | -24.13% | +3.39% |
Max Drawdown (5Y)Largest decline over 5 years | -21.92% | -38.21% | +16.29% |
Max Drawdown (10Y)Largest decline over 10 years | -45.09% | -38.21% | -6.88% |
Current DrawdownCurrent decline from peak | -4.69% | -22.88% | +18.19% |
Average DrawdownAverage peak-to-trough decline | -10.64% | -11.75% | +1.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 7.70% | +0.11% |
Volatility
ABBV vs. CWT - Volatility Comparison
AbbVie Inc. (ABBV) has a higher volatility of 8.35% compared to California Water Service Group (CWT) at 6.85%. This indicates that ABBV's price experiences larger fluctuations and is considered to be riskier than CWT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABBV | CWT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 6.85% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 19.56% | 19.17% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.14% | 24.72% | +1.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.46% | 24.33% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.92% | 27.72% | -1.80% |
Dividends
ABBV vs. CWT - Dividend Comparison
ABBV's dividend yield for the trailing twelve months is around 2.72%, more than CWT's 2.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.72% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
CWT California Water Service Group | 2.53% | 2.86% | 2.47% | 2.01% | 1.65% | 1.28% | 1.57% | 1.53% | 1.57% | 1.59% | 2.04% | 2.88% |
Financials
ABBV vs. CWT - Financials Comparison
This section allows you to compare key financial metrics between AbbVie Inc. and California Water Service Group. 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
ABBV vs. CWT - Profitability Comparison
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a gross profit of 12.53B and revenue of 15.00B. Therefore, the gross margin over that period was 83.5%.
CWT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, California Water Service Group reported a gross profit of -63.68M and revenue of 308.60M. Therefore, the gross margin over that period was -20.6%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.
CWT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, California Water Service Group reported an operating income of 70.83M and revenue of 308.60M, resulting in an operating margin of 23.0%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.
CWT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, California Water Service Group reported a net income of 56.47M and revenue of 308.60M, resulting in a net margin of 18.3%.
Frequently Asked Questions
ABBV and CWT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABBV has higher volatility (8.35%) compared to CWT (6.85%). In terms of maximum drawdown, ABBV dropped -45.09% vs CWT's -38.21%.
ABBV currently has the higher Sharpe Ratio (1.42 vs 0.54), 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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