EIX vs. ED
EIX (Edison International) and ED (Consolidated Edison, Inc.) are both stocks. Both operate in the Utilities - Regulated Electric industry within the Utilities sector. Over the past 10 years, EIX returned 3.93%/yr vs 6.91%/yr for ED. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
EIX vs. ED - Performance Comparison
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Returns By Period
In the year-to-date period, EIX achieves a 23.54% return, which is significantly higher than ED's 9.41% return. Over the past 10 years, EIX has underperformed ED with an annualized return of 3.93%, while ED has yielded a comparatively higher 6.91% annualized return.
EIX
- 1D
- 0.43%
- 1M
- 1.43%
- YTD
- 23.54%
- 6M
- 22.29%
- 1Y
- 54.05%
- 3Y*
- 7.30%
- 5Y*
- 10.69%
- 10Y*
- 3.93%
ED
- 1D
- 0.53%
- 1M
- -1.49%
- YTD
- 9.41%
- 6M
- 10.24%
- 1Y
- 9.41%
- 3Y*
- 9.31%
- 5Y*
- 11.62%
- 10Y*
- 6.91%
EIX vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EIX Edison International | 23.54% | -20.42% | 15.24% | 17.37% | -2.58% | 13.59% | -12.75% | 37.61% | -6.65% | -9.48% |
ED Consolidated Edison, Inc. | 9.41% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 22.54% | -6.62% | 19.30% |
Correlation
The correlation between EIX and ED is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1980 | 0.51 |
The correlation between EIX and ED shifts across timeframes, from 0.46 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
EIX:
$27.80B
ED:
$38.96B
EIX:
$9.61
ED:
$5.94
EIX:
7.51
ED:
17.99
EIX:
0.09
ED:
1.28
EIX:
1.42
ED:
2.25
EIX:
1.61
ED:
1.66
EIX:
$19.61B
ED:
$17.22B
EIX:
$4.27B
ED:
$11.62B
EIX:
$6.48B
ED:
$8.47B
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Return for Risk
EIX vs. ED — Risk / Return Rank
EIX
ED
EIX vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Edison International (EIX) 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.
| EIX | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.69 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.10 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 5.23 | 0.98 | +4.24 |
| Martin ratioReturn relative to average drawdown | 13.87 | 2.07 | +11.80 |
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Drawdowns
EIX vs. ED - Drawdown Comparison
The maximum EIX drawdown since its inception was -72.18%, smaller than the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for EIX and ED.
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Drawdown Indicators
| EIX | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.18% | -78.90% | +6.72% |
Max Drawdown (1Y)Largest decline over 1 year | -10.39% | -9.63% | -0.76% |
Max Drawdown (3Y)Largest decline over 3 years | -43.88% | -17.36% | -26.52% |
Max Drawdown (5Y)Largest decline over 5 years | -43.88% | -22.03% | -21.85% |
Max Drawdown (10Y)Largest decline over 10 years | -43.88% | -30.91% | -12.97% |
Current DrawdownCurrent decline from peak | -11.17% | -6.62% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -15.02% | -13.24% | -1.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.91% | 4.55% | -0.64% |
Volatility
EIX vs. ED - Volatility Comparison
Edison International (EIX) has a higher volatility of 6.56% compared to Consolidated Edison, Inc. (ED) at 5.30%. This indicates that EIX'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
| EIX | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 5.30% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 17.07% | 12.03% | +5.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.08% | 16.55% | +7.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.43% | 18.75% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.09% | 21.02% | +7.07% |
Dividends
EIX vs. ED - Dividend Comparison
EIX's dividend yield for the trailing twelve months is around 4.72%, more than ED's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ED Consolidated Edison, Inc. | 3.25% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
EIX Edison International | 4.72% | 5.51% | 2.93% | 4.19% | 4.46% | 3.94% | 4.10% | 3.28% | 4.28% | 3.53% | 2.75% | 2.93% |
Financials
EIX vs. ED - Financials Comparison
This section allows you to compare key financial metrics between Edison International 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
EIX vs. ED - Profitability Comparison
EIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Edison International reported a gross profit of 0.00 and revenue of 4.10B. Therefore, the gross margin over that period was 0.0%.
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%.
EIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Edison International reported an operating income of 1.07B and revenue of 4.10B, resulting in an operating margin of 26.2%.
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%.
EIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Edison International reported a net income of 570.00M and revenue of 4.10B, resulting in a net margin of 13.9%.
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
EIX and ED have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EIX has higher volatility (6.56%) compared to ED (5.30%). In terms of maximum drawdown, EIX dropped -72.18% vs ED's -78.90%.
EIX currently has the higher Sharpe Ratio (2.26 vs 0.57), 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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