CWT vs. LEG
CWT (California Water Service Group) and LEG (Leggett & Platt, Incorporated) are both stocks. CWT operates in Utilities - Regulated Water (Utilities), while LEG operates in Furnishings, Fixtures & Appliances (Consumer Cyclical). Over the past 10 years, CWT returned 5.60%/yr vs -11.64%/yr for LEG. At a 0.25 correlation, their price movements are largely independent.
Performance
CWT vs. LEG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, CWT achieves a 5.76% return, which is significantly higher than LEG's -8.64% return. Over the past 10 years, CWT has outperformed LEG with an annualized return of 5.60%, while LEG has yielded a comparatively lower -11.64% annualized return.
CWT
- 1D
- -1.51%
- 1M
- 4.63%
- YTD
- 5.76%
- 6M
- 5.10%
- 1Y
- 1.75%
- 3Y*
- -4.79%
- 5Y*
- -2.52%
- 10Y*
- 5.60%
LEG
- 1D
- -0.10%
- 1M
- -0.60%
- YTD
- -8.64%
- 6M
- -8.50%
- 1Y
- 12.07%
- 3Y*
- -29.34%
- 5Y*
- -25.68%
- 10Y*
- -11.64%
CWT vs. LEG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWT California Water Service Group | 5.76% | -1.81% | -10.64% | -12.83% | -14.13% | 35.05% | 6.68% | 9.85% | 7.06% | 36.39% |
LEG Leggett & Platt, Incorporated | -8.64% | 17.02% | -61.93% | -13.45% | -17.78% | -3.76% | -9.05% | 47.13% | -22.25% | 0.58% |
Correlation
The correlation between CWT and LEG is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.25 |
The correlation between CWT and LEG shifts across timeframes, from 0.16 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CWT:
$2.70B
LEG:
$1.41B
CWT:
$1.99
LEG:
$1.60
CWT:
22.65
LEG:
6.25
CWT:
2.66
LEG:
0.46
CWT:
1.51
LEG:
1.36
CWT:
$1.01B
LEG:
$3.03B
CWT:
$366.63M
LEG:
$717.40M
CWT:
$329.51M
LEG:
$433.10M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
CWT vs. LEG — Risk / Return Rank
CWT
LEG
CWT vs. LEG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for California Water Service Group (CWT) and Leggett & Platt, Incorporated (LEG). 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.
| CWT | LEG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.09 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.12 | 0.43 | -0.30 |
| Martin ratioReturn relative to average drawdown | 0.23 | 0.89 | -0.66 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| CWT | LEG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.07 | 0.25 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | -0.61 | +0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.20 | -0.29 | +0.50 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.20 | +0.11 |
Drawdowns
CWT vs. LEG - Drawdown Comparison
The maximum CWT drawdown since its inception was -38.21%, smaller than the maximum LEG drawdown of -86.41%. Use the drawdown chart below to compare losses from any high point for CWT and LEG.
Loading charts...
Drawdown Indicators
| CWT | LEG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.21% | -86.41% | +48.20% |
Max Drawdown (1Y)Largest decline over 1 year | -14.59% | -28.51% | +13.92% |
Max Drawdown (3Y)Largest decline over 3 years | -24.13% | -77.39% | +53.26% |
Max Drawdown (5Y)Largest decline over 5 years | -38.21% | -85.42% | +47.21% |
Max Drawdown (10Y)Largest decline over 10 years | -38.21% | -86.41% | +48.20% |
Current DrawdownCurrent decline from peak | -30.55% | -78.87% | +48.32% |
Average DrawdownAverage peak-to-trough decline | -11.70% | -19.63% | +7.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.70% | 13.58% | -5.88% |
Volatility
CWT vs. LEG - Volatility Comparison
The current volatility for California Water Service Group (CWT) is 7.12%, while Leggett & Platt, Incorporated (LEG) has a volatility of 11.27%. This indicates that CWT experiences smaller price fluctuations and is considered to be less risky than LEG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| CWT | LEG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.12% | 11.27% | -4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 19.03% | 30.79% | -11.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.16% | 49.55% | -25.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.29% | 42.40% | -18.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.73% | 39.77% | -12.04% |
Dividends
CWT vs. LEG - Dividend Comparison
CWT's dividend yield for the trailing twelve months is around 2.81%, more than LEG's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWT California Water Service Group | 2.81% | 2.86% | 2.47% | 2.01% | 1.65% | 1.28% | 1.57% | 1.53% | 1.57% | 1.59% | 2.04% | 2.88% |
LEG Leggett & Platt, Incorporated | 2.00% | 1.82% | 6.35% | 6.95% | 5.40% | 4.03% | 3.61% | 3.11% | 4.19% | 2.98% | 2.74% | 3.00% |
Financials
CWT vs. LEG - Financials Comparison
This section allows you to compare key financial metrics between California Water Service Group and Leggett & Platt, Incorporated. 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
Frequently Asked Questions
CWT and LEG have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LEG has higher volatility (11.27%) compared to CWT (7.12%). In terms of maximum drawdown, CWT dropped -38.21% vs LEG's -86.41%.
LEG currently has the higher Sharpe Ratio (0.25 vs 0.07), 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.
Find the right allocation for CWT and LEG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer