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CWEN vs. VGT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CWEN and VGT is 0.39, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Clearway Energy, Inc. (CWEN) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CWEN:

0.51

VGT:

0.52

Sortino Ratio

CWEN:

0.98

VGT:

1.06

Omega Ratio

CWEN:

1.13

VGT:

1.15

Calmar Ratio

CWEN:

0.52

VGT:

0.71

Martin Ratio

CWEN:

2.01

VGT:

2.31

Ulcer Index

CWEN:

9.07%

VGT:

8.36%

Daily Std Dev

CWEN:

30.92%

VGT:

30.19%

Max Drawdown

CWEN:

-58.71%

VGT:

-54.63%

Current Drawdown

CWEN:

-15.98%

VGT:

-4.77%

Returns By Period

In the year-to-date period, CWEN achieves a 16.99% return, which is significantly higher than VGT's -0.88% return. Over the past 10 years, CWEN has underperformed VGT with an annualized return of 8.00%, while VGT has yielded a comparatively higher 20.00% annualized return.


CWEN

YTD

16.99%

1M

3.03%

6M

12.80%

1Y

15.69%

5Y*

13.65%

10Y*

8.00%

VGT

YTD

-0.88%

1M

17.07%

6M

-0.15%

1Y

15.43%

5Y*

20.95%

10Y*

20.00%

*Annualized

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Risk-Adjusted Performance

CWEN vs. VGT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CWEN
The Risk-Adjusted Performance Rank of CWEN is 6969
Overall Rank
The Sharpe Ratio Rank of CWEN is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of CWEN is 6565
Sortino Ratio Rank
The Omega Ratio Rank of CWEN is 6464
Omega Ratio Rank
The Calmar Ratio Rank of CWEN is 7272
Calmar Ratio Rank
The Martin Ratio Rank of CWEN is 7373
Martin Ratio Rank

VGT
The Risk-Adjusted Performance Rank of VGT is 6262
Overall Rank
The Sharpe Ratio Rank of VGT is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of VGT is 6565
Sortino Ratio Rank
The Omega Ratio Rank of VGT is 6464
Omega Ratio Rank
The Calmar Ratio Rank of VGT is 7070
Calmar Ratio Rank
The Martin Ratio Rank of VGT is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current CWEN Sharpe Ratio is 0.51, which is comparable to the VGT Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of CWEN and VGT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CWEN vs. VGT - Dividend Comparison

CWEN's dividend yield for the trailing twelve months is around 5.62%, more than VGT's 0.52% yield.


TTM20242023202220212020201920182017201620152014
CWEN
Clearway Energy, Inc.
5.62%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
0.52%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.


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Volatility

CWEN vs. VGT - Volatility Comparison

Clearway Energy, Inc. (CWEN) and Vanguard Information Technology ETF (VGT) have volatilities of 9.15% and 8.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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