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AVY vs. WSO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AVYWSO
YTD Return10.85%1.97%
1Y Return31.15%42.58%
3Y Return (Ann)8.64%22.24%
5Y Return (Ann)16.57%29.08%
10Y Return (Ann)18.31%19.58%
Sharpe Ratio1.571.67
Daily Std Dev20.14%27.19%
Max Drawdown-73.03%-64.39%
Current Drawdown-0.44%-1.19%

Fundamentals


AVYWSO
Market Cap$17.36B$17.09B
EPS$6.21$13.67
PE Ratio34.7232.15
PEG Ratio2.373.43
Revenue (TTM)$8.36B$7.28B
Gross Profit (TTM)$2.40B$2.03B
EBITDA (TTM)$1.27B$806.51M

Correlation

0.29
-1.001.00

The correlation between AVY and WSO is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

AVY vs. WSO - Performance Comparison

In the year-to-date period, AVY achieves a 10.85% return, which is significantly higher than WSO's 1.97% return. Over the past 10 years, AVY has underperformed WSO with an annualized return of 18.31%, while WSO has yielded a comparatively higher 19.58% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20,000.00%40,000.00%60,000.00%80,000.00%OctoberNovemberDecember2024FebruaryMarch
7,059.35%
85,658.29%
AVY
WSO

Compare stocks, funds, or ETFs


Avery Dennison Corporation

Watsco, Inc.

Risk-Adjusted Performance

AVY vs. WSO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Avery Dennison Corporation (AVY) and Watsco, Inc. (WSO). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AVY
Avery Dennison Corporation
1.57
WSO
Watsco, Inc.
1.57

AVY vs. WSO - Sharpe Ratio Comparison

The current AVY Sharpe Ratio is 1.57, which roughly equals the WSO Sharpe Ratio of 1.57. The chart below compares the 12-month rolling Sharpe Ratio of AVY and WSO.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
1.57
1.57
AVY
WSO

Dividends

AVY vs. WSO - Dividend Comparison

AVY's dividend yield for the trailing twelve months is around 1.45%, less than WSO's 2.26% yield.


TTM20232022202120202019201820172016201520142013
AVY
Avery Dennison Corporation
1.45%1.57%1.62%1.23%1.52%1.73%2.24%1.53%2.28%2.33%2.58%2.27%
WSO
Watsco, Inc.
2.26%2.29%3.43%2.44%3.06%3.55%4.02%2.71%2.43%2.39%1.87%1.20%

Drawdowns

AVY vs. WSO - Drawdown Comparison

The maximum AVY drawdown since its inception was -73.03%, which is greater than WSO's maximum drawdown of -64.39%. The drawdown chart below compares losses from any high point along the way for AVY and WSO


-20.00%-15.00%-10.00%-5.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.44%
-1.19%
AVY
WSO

Volatility

AVY vs. WSO - Volatility Comparison

The current volatility for Avery Dennison Corporation (AVY) is 3.83%, while Watsco, Inc. (WSO) has a volatility of 7.14%. This indicates that AVY experiences smaller price fluctuations and is considered to be less risky than WSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%OctoberNovemberDecember2024FebruaryMarch
3.83%
7.14%
AVY
WSO