CWEN vs. VGT
Compare and contrast key facts about Clearway Energy, Inc. (CWEN) and Vanguard Information Technology ETF (VGT).
VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CWEN or VGT.
Correlation
The correlation between CWEN and VGT is 0.31, 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
CWEN vs. VGT - Performance Comparison
Key characteristics
CWEN:
0.40
VGT:
0.91
CWEN:
0.79
VGT:
1.30
CWEN:
1.09
VGT:
1.17
CWEN:
0.28
VGT:
1.34
CWEN:
1.44
VGT:
4.70
CWEN:
8.84%
VGT:
4.33%
CWEN:
31.48%
VGT:
22.35%
CWEN:
-58.71%
VGT:
-54.63%
CWEN:
-29.18%
VGT:
-6.24%
Returns By Period
In the year-to-date period, CWEN achieves a -1.38% return, which is significantly higher than VGT's -2.42% return.
CWEN
-1.38%
-1.91%
0.33%
10.83%
8.90%
N/A
VGT
-2.42%
-4.52%
8.75%
21.32%
19.59%
20.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CWEN vs. VGT — Risk-Adjusted Performance Rank
CWEN
VGT
CWEN vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearway Energy, Inc. (CWEN) and Vanguard Information Technology ETF (VGT). 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
CWEN vs. VGT - Dividend Comparison
CWEN's dividend yield for the trailing twelve months is around 6.45%, more than VGT's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 6.45% | 6.36% | 5.62% | 4.48% | 3.69% | 3.29% | 4.01% | 7.29% | 5.81% | 5.98% | 4.23% | 0.00% |
VGT Vanguard Information Technology ETF | 0.61% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
CWEN vs. VGT - Drawdown Comparison
The maximum CWEN drawdown since its inception was -58.71%, which is greater than VGT's maximum drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for CWEN and VGT. For additional features, visit the drawdowns tool.
Volatility
CWEN vs. VGT - Volatility Comparison
Clearway Energy, Inc. (CWEN) has a higher volatility of 9.69% compared to Vanguard Information Technology ETF (VGT) at 8.10%. This indicates that CWEN's price experiences larger fluctuations and is considered to be riskier than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.