DOW vs. ED
DOW (Dow Inc.) and ED (Consolidated Edison, Inc.) are both stocks. DOW operates in Chemicals (Basic Materials), while ED operates in Utilities - Regulated Electric (Utilities). Over the past 5 years, DOW returned -8.14%/yr vs 10.68%/yr for ED. At a 0.12 correlation, their price movements are largely independent.
Performance
DOW vs. ED - Performance Comparison
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Returns By Period
In the year-to-date period, DOW achieves a 47.99% return, which is significantly higher than ED's 10.24% return.
DOW
- 1D
- 0.65%
- 1M
- -11.76%
- YTD
- 47.99%
- 6M
- 44.34%
- 1Y
- 19.13%
- 3Y*
- -8.82%
- 5Y*
- -8.14%
- 10Y*
- —
ED
- 1D
- 0.84%
- 1M
- 2.26%
- YTD
- 10.24%
- 6M
- 12.27%
- 1Y
- 7.08%
- 3Y*
- 9.08%
- 5Y*
- 10.68%
- 10Y*
- 7.01%
DOW vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DOW Dow Inc. | 47.99% | -37.38% | -22.79% | 14.71% | -6.65% | 6.81% | 7.88% | 8.40% |
ED Consolidated Edison, Inc. | 10.24% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 10.75% |
Correlation
The correlation between DOW and ED is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Mar 20, 2019 | 0.12 |
The correlation between DOW and ED shifts across timeframes, from -0.04 (1 year) to 0.12 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
DOW:
$24.41B
ED:
$39.26B
DOW:
-$3.86
ED:
$5.94
DOW:
0.61
ED:
2.27
DOW:
1.60
ED:
1.67
DOW:
$39.33B
ED:
$17.22B
DOW:
$2.42B
ED:
$11.62B
DOW:
$840.00M
ED:
$8.47B
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Return for Risk
DOW vs. ED — Risk / Return Rank
DOW
ED
DOW vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Inc. (DOW) and Consolidated Edison, Inc. (ED). 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.
| DOW | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 0.76 | -0.18 |
| Martin ratioReturn relative to average drawdown | 1.08 | 1.59 | -0.51 |
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Drawdowns
DOW vs. ED - Drawdown Comparison
The maximum DOW drawdown since its inception was -64.37%, smaller than the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for DOW and ED.
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Drawdown Indicators
| DOW | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.37% | -78.90% | +14.53% |
Max Drawdown (1Y)Largest decline over 1 year | -31.73% | -9.63% | -22.10% |
Max Drawdown (3Y)Largest decline over 3 years | -62.16% | -17.36% | -44.80% |
Max Drawdown (5Y)Largest decline over 5 years | -64.37% | -22.03% | -42.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.91% | — |
Current DrawdownCurrent decline from peak | -39.19% | -5.91% | -33.28% |
Average DrawdownAverage peak-to-trough decline | -22.79% | -13.24% | -9.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.86% | 4.59% | +12.27% |
Volatility
DOW vs. ED - Volatility Comparison
Dow Inc. (DOW) has a higher volatility of 8.55% compared to Consolidated Edison, Inc. (ED) at 5.98%. This indicates that DOW's price experiences larger fluctuations and is considered to be riskier than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOW | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.55% | 5.98% | +2.57% |
Volatility (6M)Calculated over the trailing 6-month period | 32.80% | 12.27% | +20.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.35% | 16.65% | +32.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.56% | 18.79% | +14.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.69% | 21.01% | +17.68% |
Dividends
DOW vs. ED - Dividend Comparison
DOW's dividend yield for the trailing twelve months is around 4.14%, more than ED's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOW Dow Inc. | 4.14% | 8.98% | 6.98% | 5.11% | 5.56% | 4.94% | 5.05% | 3.84% | 0.00% | 0.00% | 0.00% | 0.00% |
ED Consolidated Edison, Inc. | 3.23% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
Financials
DOW vs. ED - Financials Comparison
This section allows you to compare key financial metrics between Dow Inc. and Consolidated Edison, Inc.. 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
DOW vs. ED - Profitability Comparison
DOW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dow Inc. reported a gross profit of 640.00M and revenue of 9.79B. Therefore, the gross margin over that period was 6.5%.
ED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a gross profit of 4.15B and revenue of 5.10B. Therefore, the gross margin over that period was 81.5%.
DOW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dow Inc. reported an operating income of -31.00M and revenue of 9.79B, resulting in an operating margin of -0.3%.
ED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported an operating income of 1.18B and revenue of 5.10B, resulting in an operating margin of 23.1%.
DOW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dow Inc. reported a net income of -445.00M and revenue of 9.79B, resulting in a net margin of -4.5%.
ED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported a net income of 924.00M and revenue of 5.10B, resulting in a net margin of 18.1%.
Frequently Asked Questions
DOW and ED have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DOW has higher volatility (8.55%) compared to ED (5.98%). In terms of maximum drawdown, DOW dropped -64.37% vs ED's -78.90%.
ED currently has the higher Sharpe Ratio (0.44 vs 0.37), 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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