IDA vs. WEC
Compare and contrast key facts about IDACORP, Inc. (IDA) and WEC Energy Group, Inc. (WEC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IDA or WEC.
Key characteristics
| IDA | WEC | |
|---|---|---|
| YTD Return | -2.63% | -0.57% |
| 1Y Return | -11.79% | -10.59% |
| 3Y Return (Ann) | 0.40% | -2.05% |
| 5Y Return (Ann) | 2.11% | 4.46% |
| 10Y Return (Ann) | 8.71% | 9.14% |
| Sharpe Ratio | -0.66 | -0.57 |
| Daily Std Dev | 18.68% | 19.24% |
| Max Drawdown | -54.01% | -45.05% |
| Current Drawdown | -14.85% | -18.83% |
Fundamentals
| IDA | WEC | |
|---|---|---|
| Market Cap | $4.80B | $25.74B |
| EPS | $5.14 | $4.22 |
| PE Ratio | 18.40 | 19.31 |
| PEG Ratio | 2.35 | 2.45 |
| Revenue (TTM) | $1.77B | $8.89B |
| Gross Profit (TTM) | $537.51M | $3.31B |
| EBITDA (TTM) | $506.87M | $3.45B |
Correlation
The correlation between IDA and WEC is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IDA vs. WEC - Performance Comparison
In the year-to-date period, IDA achieves a -2.63% return, which is significantly lower than WEC's -0.57% return. Both investments have delivered pretty close results over the past 10 years, with IDA having a 8.71% annualized return and WEC not far ahead at 9.14%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
IDA vs. WEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDACORP, Inc. (IDA) and WEC Energy Group, Inc. (WEC). 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.
Dividends
IDA vs. WEC - Dividend Comparison
IDA's dividend yield for the trailing twelve months is around 3.41%, less than WEC's 3.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDA IDACORP, Inc. | 3.41% | 3.25% | 2.82% | 2.54% | 2.83% | 2.40% | 2.58% | 2.45% | 2.58% | 2.82% | 2.66% | 3.03% |
WEC WEC Energy Group, Inc. | 3.83% | 3.71% | 3.10% | 2.79% | 2.75% | 2.56% | 3.19% | 3.13% | 3.38% | 3.40% | 2.96% | 3.50% |
Drawdowns
IDA vs. WEC - Drawdown Comparison
The maximum IDA drawdown since its inception was -54.01%, which is greater than WEC's maximum drawdown of -45.05%. Use the drawdown chart below to compare losses from any high point for IDA and WEC. For additional features, visit the drawdowns tool.
Volatility
IDA vs. WEC - Volatility Comparison
IDACORP, Inc. (IDA) and WEC Energy Group, Inc. (WEC) have volatilities of 5.56% and 5.48%, 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.
Financials
IDA vs. WEC - Financials Comparison
This section allows you to compare key financial metrics between IDACORP, Inc. and WEC Energy Group, 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