BWXT vs. SGOV
BWXT (BWX Technologies, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, BWXT returned 25.04%/yr vs 3.54%/yr for SGOV. At a 0.02 correlation, their price movements are largely independent.
Performance
BWXT vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, BWXT achieves a 7.16% return, which is significantly higher than SGOV's 1.51% return.
BWXT
- 1D
- -1.36%
- 1M
- -14.64%
- YTD
- 7.16%
- 6M
- 6.02%
- 1Y
- 44.72%
- 3Y*
- 44.37%
- 5Y*
- 25.04%
- 10Y*
- 19.18%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
BWXT vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 7.16% | 56.37% | 46.53% | 33.87% | 23.30% | -19.40% | -4.07% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between BWXT and SGOV is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | 0.02 |
The correlation between BWXT and SGOV shifts across timeframes, from -0.11 (1 year) to 0.02 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BWXT vs. SGOV — Risk / Return Rank
BWXT
SGOV
BWXT vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BWX Technologies, Inc. (BWXT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| BWXT | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.27 | ||
| Sortino ratioReturn per unit of downside risk | -274.09 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 195.55 | -194.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.00 | 398.20 | -396.19 |
| Martin ratioReturn relative to average drawdown | 4.66 | 4,462.00 | -4,457.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BWXT | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 20.28 | -19.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 14.73 | -13.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 12.48 | -11.89 |
Drawdowns
BWXT vs. SGOV - Drawdown Comparison
The maximum BWXT drawdown since its inception was -47.88%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BWXT and SGOV.
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Drawdown Indicators
| BWXT | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.88% | -0.03% | -47.85% |
Max Drawdown (1Y)Largest decline over 1 year | -22.42% | -0.01% | -22.41% |
Max Drawdown (3Y)Largest decline over 3 years | -32.87% | -0.01% | -32.86% |
Max Drawdown (5Y)Largest decline over 5 years | -32.92% | -0.03% | -32.89% |
Max Drawdown (10Y)Largest decline over 10 years | -47.74% | — | — |
Current DrawdownCurrent decline from peak | -22.42% | 0.00% | -22.42% |
Average DrawdownAverage peak-to-trough decline | -13.16% | -0.00% | -13.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.62% | 0.00% | +9.62% |
Volatility
BWXT vs. SGOV - Volatility Comparison
BWX Technologies, Inc. (BWXT) has a higher volatility of 10.63% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that BWXT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWXT | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.63% | 0.05% | +10.58% |
Volatility (6M)Calculated over the trailing 6-month period | 33.34% | 0.13% | +33.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.54% | 0.20% | +44.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.85% | 0.24% | +32.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.74% | 0.24% | +30.50% |
Dividends
BWXT vs. SGOV - Dividend Comparison
BWXT's dividend yield for the trailing twelve months is around 0.56%, less than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWXT BWX Technologies, Inc. | 0.56% | 0.58% | 0.86% | 1.20% | 1.52% | 1.75% | 1.26% | 1.10% | 1.67% | 0.69% | 0.91% | 30.37% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BWXT and SGOV have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BWXT has higher volatility (10.63%) compared to SGOV (0.05%). In terms of maximum drawdown, BWXT dropped -47.88% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs 1.01), 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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