CWEN vs. WDS
CWEN (Clearway Energy, Inc.) and WDS (Woodside Energy Group Ltd) are both stocks. CWEN operates in Utilities - Renewable (Utilities), while WDS operates in Oil & Gas E&P (Energy). Over the past 10 years, CWEN returned 15.45%/yr vs 7.93%/yr for WDS. At a 0.22 correlation, their price movements are largely independent.
Performance
CWEN vs. WDS - Performance Comparison
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Returns By Period
In the year-to-date period, CWEN achieves a 15.34% return, which is significantly lower than WDS's 52.08% return. Over the past 10 years, CWEN has outperformed WDS with an annualized return of 15.45%, while WDS has yielded a comparatively lower 7.93% annualized return.
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%
WDS
- 1D
- 6.17%
- 1M
- 2.76%
- YTD
- 52.08%
- 6M
- 46.18%
- 1Y
- 58.11%
- 3Y*
- 6.16%
- 5Y*
- 12.79%
- 10Y*
- 7.93%
CWEN vs. WDS - 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% |
WDS Woodside Energy Group Ltd | 52.08% | 6.78% | -20.60% | -4.42% | 68.06% | -6.77% | -24.23% | 14.38% | -9.70% | 19.32% |
Correlation
The correlation between CWEN and WDS 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 | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2013 | 0.22 |
The correlation between CWEN and WDS shifts across timeframes, from 0.07 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CWEN:
$1.31B
WDS:
$44.17B
CWEN:
$0.02
WDS:
$3.29
CWEN:
1.83K
WDS:
7.02
CWEN:
6.97
WDS:
0.24
CWEN:
2.46
WDS:
1.69
CWEN:
0.24
WDS:
1.23
CWEN:
$1.49B
WDS:
$26.15B
CWEN:
$543.00M
WDS:
$9.87B
CWEN:
$878.00M
WDS:
$17.06B
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Return for Risk
CWEN vs. WDS — Risk / Return Rank
CWEN
WDS
CWEN vs. WDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clearway Energy, Inc. (CWEN) and Woodside Energy Group Ltd (WDS). 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 | WDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.07 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.32 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 3.40 | -1.67 |
| Martin ratioReturn relative to average drawdown | 3.88 | 7.88 | -3.99 |
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Drawdowns
CWEN vs. WDS - Drawdown Comparison
The maximum CWEN drawdown since its inception was -79.41%, roughly equal to the maximum WDS drawdown of -77.06%. Use the drawdown chart below to compare losses from any high point for CWEN and WDS.
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Drawdown Indicators
| CWEN | WDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.41% | -77.06% | -2.35% |
Max Drawdown (1Y)Largest decline over 1 year | -14.15% | -17.16% | +3.01% |
Max Drawdown (3Y)Largest decline over 3 years | -36.78% | -48.77% | +11.99% |
Max Drawdown (5Y)Largest decline over 5 years | -52.09% | -48.77% | -3.32% |
Max Drawdown (10Y)Largest decline over 10 years | -52.09% | -66.16% | +14.07% |
Current DrawdownCurrent decline from peak | -9.19% | -10.20% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -35.39% | -39.55% | +4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.30% | 7.40% | -1.10% |
Volatility
CWEN vs. WDS - Volatility Comparison
The current volatility for Clearway Energy, Inc. (CWEN) is 9.15%, while Woodside Energy Group Ltd (WDS) has a volatility of 10.13%. This indicates that CWEN experiences smaller price fluctuations and is considered to be less risky than WDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWEN | WDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.15% | 10.13% | -0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 22.05% | 24.23% | -2.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.12% | 30.62% | -1.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.26% | 33.40% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.28% | 33.78% | -2.50% |
Dividends
CWEN vs. WDS - Dividend Comparison
CWEN's dividend yield for the trailing twelve months is around 4.87%, which matches WDS's 4.85% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WDS Woodside Energy Group Ltd | 4.85% | 6.80% | 8.27% | 10.62% | 8.84% | 2.39% | 4.41% | 5.12% | 5.45% | 3.65% | 5.21% | 9.84% |
Financials
CWEN vs. WDS - Financials Comparison
This section allows you to compare key financial metrics between Clearway Energy, Inc. and Woodside Energy Group Ltd. 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. WDS - 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%.
WDS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a gross profit of 1.99B and revenue of 6.39B. Therefore, the gross margin over that period was 31.1%.
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%.
WDS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported an operating income of 1.67B and revenue of 6.39B, resulting in an operating margin of 26.1%.
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%.
WDS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woodside Energy Group Ltd reported a net income of 1.40B and revenue of 6.39B, resulting in a net margin of 21.9%.
Frequently Asked Questions
CWEN and WDS 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.
WDS has higher volatility (10.13%) compared to CWEN (9.15%). In terms of maximum drawdown, CWEN dropped -79.41% vs WDS's -77.06%.
WDS currently has the higher Sharpe Ratio (1.91 vs 0.84), 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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