CWEN vs. CME
CWEN (Clearway Energy, Inc.) and CME (CME Group Inc.) are both stocks. CWEN operates in Utilities - Renewable (Utilities), while CME operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, CWEN returned 15.45%/yr vs 15.38%/yr for CME. At a 0.13 correlation, their price movements are largely independent.
Performance
CWEN vs. CME - Performance Comparison
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Returns By Period
In the year-to-date period, CWEN achieves a 15.34% return, which is significantly higher than CME's 1.58% return. Both investments have delivered pretty close results over the past 10 years, with CWEN having a 15.45% annualized return and CME not far behind at 15.38%.
CWEN
- 1D
- -0.58%
- 1M
- -0.39%
- YTD
- 15.34%
- 6M
- 18.36%
- 1Y
- 24.39%
- 3Y*
- 14.23%
- 5Y*
- 11.37%
- 10Y*
- 15.45%
CME
- 1D
- 2.80%
- 1M
- -8.82%
- YTD
- 1.58%
- 6M
- 1.41%
- 1Y
- 3.34%
- 3Y*
- 19.92%
- 5Y*
- 9.17%
- 10Y*
- 15.38%
CWEN vs. CME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 15.34% | 35.48% | 0.87% | -8.93% | -7.89% | 17.83% | 67.04% | 21.37% | -2.11% | 26.92% |
CME CME Group Inc. | 1.58% | 19.83% | 15.41% | 31.32% | -22.89% | 29.47% | -6.34% | 9.67% | 32.15% | 32.35% |
Correlation
The correlation between CWEN and CME is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2013 | 0.13 |
The correlation between CWEN and CME shifts across timeframes, from -0.07 (1 year) to 0.14 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
CWEN:
$1.31B
CME:
$97.90B
CWEN:
$0.02
CME:
$11.75
CWEN:
1.83K
CME:
22.94
CWEN:
6.97
CME:
2.00
CWEN:
2.46
CME:
14.40
CWEN:
0.24
CME:
3.68
CWEN:
$1.49B
CME:
$6.76B
CWEN:
$543.00M
CME:
$5.84B
CWEN:
$878.00M
CME:
$5.69B
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Return for Risk
CWEN vs. CME — Risk / Return Rank
CWEN
CME
CWEN vs. CME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearway Energy, Inc. (CWEN) and CME Group Inc. (CME). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CWEN | CME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.68 | ||
| Sortino ratioReturn per unit of downside risk | +1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.05 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 0.16 | +1.57 |
| Martin ratioReturn relative to average drawdown | 3.88 | 0.50 | +3.38 |
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Drawdowns
CWEN vs. CME - Drawdown Comparison
The maximum CWEN drawdown since its inception was -79.41%, roughly equal to the maximum CME drawdown of -77.50%. Use the drawdown chart below to compare losses from any high point for CWEN and CME.
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Drawdown Indicators
| CWEN | CME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.41% | -77.50% | -1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -21.42% | +7.27% |
Max Drawdown (3Y)Largest decline over 3 years | -36.78% | -21.42% | -15.36% |
Max Drawdown (5Y)Largest decline over 5 years | -52.09% | -31.74% | -20.35% |
Max Drawdown (10Y)Largest decline over 10 years | -52.09% | -37.36% | -14.73% |
Current DrawdownCurrent decline from peak | -9.19% | -15.03% | +5.84% |
Average DrawdownAverage peak-to-trough decline | -35.39% | -20.68% | -14.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 6.70% | -0.40% |
Volatility
CWEN vs. CME - Volatility Comparison
The current volatility for Clearway Energy, Inc. (CWEN) is 9.15%, while CME Group Inc. (CME) has a volatility of 10.45%. This indicates that CWEN experiences smaller price fluctuations and is considered to be less risky than CME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWEN | CME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.15% | 10.45% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 22.05% | 17.44% | +4.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.12% | 20.74% | +8.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.26% | 20.15% | +10.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.28% | 23.93% | +7.35% |
Dividends
CWEN vs. CME - Dividend Comparison
CWEN's dividend yield for the trailing twelve months is around 4.87%, more than CME's 4.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | 4.17% | 1.83% | 4.48% | 4.58% | 5.05% | 3.00% | 3.24% | 2.74% | 2.42% | 4.20% | 4.90% | 5.41% |
CWEN Clearway Energy, Inc. | 4.87% | 5.32% | 6.36% | 5.62% | 4.48% | 3.68% | 3.29% | 4.01% | 7.29% | 5.81% | 5.98% | 6.88% |
Financials
CWEN vs. CME - Financials Comparison
This section allows you to compare key financial metrics between Clearway Energy, Inc. and CME Group Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CWEN vs. CME - Profitability Comparison
CWEN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported a gross profit of 0.00 and revenue of 354.00M. Therefore, the gross margin over that period was 0.0%.
CME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a gross profit of 1.66B and revenue of 1.88B. Therefore, the gross margin over that period was 88.1%.
CWEN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported an operating income of 20.00M and revenue of 354.00M, resulting in an operating margin of 5.7%.
CME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported an operating income of 1.31B and revenue of 1.88B, resulting in an operating margin of 69.7%.
CWEN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clearway Energy, Inc. reported a net income of -163.00M and revenue of 354.00M, resulting in a net margin of -46.1%.
CME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a net income of 1.15B and revenue of 1.88B, resulting in a net margin of 61.4%.
Frequently Asked Questions
CWEN and CME have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CME has higher volatility (10.45%) compared to CWEN (9.15%). In terms of maximum drawdown, CWEN dropped -79.41% vs CME's -77.50%.
CWEN currently has the higher Sharpe Ratio (0.84 vs 0.16), 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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