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 0.36, 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:
0.00
SPY:
2.21
AWR:
0.15
SPY:
2.93
AWR:
1.02
SPY:
1.41
AWR:
0.00
SPY:
3.26
AWR:
0.01
SPY:
14.43
AWR:
7.96%
SPY:
1.90%
AWR:
20.49%
SPY:
12.41%
AWR:
-37.39%
SPY:
-55.19%
AWR:
-18.46%
SPY:
-2.74%
Returns By Period
In the year-to-date period, AWR achieves a 1.10% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, AWR has underperformed SPY with an annualized return of 10.16%, while SPY has yielded a comparatively higher 12.97% annualized return.
AWR
1.10%
-5.79%
13.83%
-0.07%
-0.18%
10.16%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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Risk-Adjusted Performance
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 2.25%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWR American States Water Company | 2.25% | 2.06% | 1.65% | 1.35% | 1.61% | 1.34% | 1.58% | 1.72% | 2.01% | 2.08% | 2.21% | 2.65% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 5.66% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.