AWR vs. SPY
Compare and contrast key facts about American States Water Company (AWR) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AWR or SPY.
Correlation
The correlation between AWR and SPY is 0.35, 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
AWR vs. SPY - Performance Comparison
Key characteristics
AWR:
0.06
SPY:
1.75
AWR:
0.23
SPY:
2.36
AWR:
1.03
SPY:
1.32
AWR:
0.04
SPY:
2.66
AWR:
0.16
SPY:
11.01
AWR:
7.59%
SPY:
2.03%
AWR:
21.18%
SPY:
12.77%
AWR:
-37.39%
SPY:
-55.19%
AWR:
-22.16%
SPY:
-2.12%
Returns By Period
In the year-to-date period, AWR achieves a -2.34% return, which is significantly lower than SPY's 2.36% return. Over the past 10 years, AWR has underperformed SPY with an annualized return of 8.60%, while SPY has yielded a comparatively higher 12.96% annualized return.
AWR
-2.34%
5.28%
-5.40%
4.55%
-1.67%
8.60%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
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Risk-Adjusted Performance
AWR vs. SPY — Risk-Adjusted Performance Rank
AWR
SPY
AWR vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American States Water Company (AWR) and SPDR S&P 500 ETF (SPY). 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.
Dividends
AWR vs. SPY - Dividend Comparison
AWR's dividend yield for the trailing twelve months is around 2.42%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWR American States Water Company | 2.42% | 2.31% | 2.06% | 1.65% | 1.35% | 1.61% | 1.34% | 1.58% | 1.72% | 2.01% | 2.08% | 2.21% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
AWR vs. SPY - Drawdown Comparison
The maximum AWR drawdown since its inception was -37.39%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for AWR and SPY. For additional features, visit the drawdowns tool.
Volatility
AWR vs. SPY - Volatility Comparison
American States Water Company (AWR) has a higher volatility of 6.78% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that AWR's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.