AVY vs. WSO
Compare and contrast key facts about Avery Dennison Corporation (AVY) and Watsco, Inc. (WSO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AVY or WSO.
Key characteristics
AVY | WSO | |
---|---|---|
YTD Return | 10.85% | 1.97% |
1Y Return | 31.15% | 42.58% |
3Y Return (Ann) | 8.64% | 22.24% |
5Y Return (Ann) | 16.57% | 29.08% |
10Y Return (Ann) | 18.31% | 19.58% |
Sharpe Ratio | 1.57 | 1.67 |
Daily Std Dev | 20.14% | 27.19% |
Max Drawdown | -73.03% | -64.39% |
Current Drawdown | -0.44% | -1.19% |
Fundamentals
AVY | WSO | |
---|---|---|
Market Cap | $17.36B | $17.09B |
EPS | $6.21 | $13.67 |
PE Ratio | 34.72 | 32.15 |
PEG Ratio | 2.37 | 3.43 |
Revenue (TTM) | $8.36B | $7.28B |
Gross Profit (TTM) | $2.40B | $2.03B |
EBITDA (TTM) | $1.27B | $806.51M |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Avery Dennison Corporation | 1.57 | ||||
Watsco, Inc. | 1.57 |
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.