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:
0.12
VGT:
1.53
CWEN:
0.40
VGT:
2.03
CWEN:
1.05
VGT:
1.27
CWEN:
0.08
VGT:
2.15
CWEN:
0.33
VGT:
7.70
CWEN:
11.17%
VGT:
4.26%
CWEN:
30.66%
VGT:
21.48%
CWEN:
-58.71%
VGT:
-54.63%
CWEN:
-26.33%
VGT:
-1.50%
Returns By Period
In the year-to-date period, CWEN achieves a 3.51% return, which is significantly lower than VGT's 32.56% return.
CWEN
3.51%
-4.55%
6.63%
3.74%
11.46%
N/A
VGT
32.56%
2.68%
12.86%
32.67%
22.23%
20.84%
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Risk-Adjusted Performance
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 6.20%, more than VGT's 0.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 6.20% | 5.62% | 4.48% | 3.69% | 3.29% | 4.01% | 7.29% | 5.81% | 5.98% | 4.23% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.58% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
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 6.65% compared to Vanguard Information Technology ETF (VGT) at 5.60%. 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.