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:
1.04
VGT:
0.59
CWEN:
1.57
VGT:
0.90
CWEN:
1.20
VGT:
1.12
CWEN:
0.70
VGT:
0.89
CWEN:
3.53
VGT:
2.97
CWEN:
8.83%
VGT:
4.55%
CWEN:
30.00%
VGT:
22.90%
CWEN:
-58.71%
VGT:
-54.63%
CWEN:
-24.79%
VGT:
-10.64%
Returns By Period
In the year-to-date period, CWEN achieves a 4.73% return, which is significantly higher than VGT's -6.99% return.
CWEN
4.73%
5.01%
-3.16%
29.31%
9.63%
N/A
VGT
-6.99%
-6.20%
1.04%
10.38%
19.43%
19.59%
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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 4.59%, more than VGT's 0.64% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWEN Clearway Energy, Inc. | 4.59% | 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 | 0.64% | 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
The current volatility for Clearway Energy, Inc. (CWEN) is 6.55%, while Vanguard Information Technology ETF (VGT) has a volatility of 7.18%. This indicates that CWEN experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.