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IG.MI vs. WRT1V.HE
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

IG.MI vs. WRT1V.HE

Last updated Jun 13, 2026

IG.MI (Italgas SpA) and WRT1V.HE (Wärtsilä Oyj Abp) are both stocks. IG.MI operates in Utilities - Regulated Gas (Utilities), while WRT1V.HE operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, IG.MI returned 20.01%/yr vs 25.50%/yr for WRT1V.HE. At a 0.19 correlation, their price movements are largely independent.

Performance

IG.MI vs. WRT1V.HE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Italgas SpA (IG.MI) and Wärtsilä Oyj Abp (WRT1V.HE). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, IG.MI achieves a 16.85% return, which is significantly higher than WRT1V.HE's 11.37% return.

IG.MI

1D
-0.09%
1M
7.38%
YTD
16.85%
6M
21.45%
1Y
59.60%
3Y*
30.93%
5Y*
20.01%
10Y*
—

WRT1V.HE

1D
0.61%
1M
-8.67%
YTD
11.37%
6M
11.37%
1Y
77.35%
3Y*
47.18%
5Y*
25.50%
10Y*
14.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IG.MI vs. WRT1V.HE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IG.MI
Italgas SpA		16.85%86.25%11.69%5.59%-10.06%22.19%0.69%13.40%2.50%42.16%
WRT1V.HE
Wärtsilä Oyj Abp		11.37%81.45%32.93%71.27%-34.36%54.60%-11.93%-26.14%-16.62%32.73%

Correlation

The correlation between IG.MI and WRT1V.HE is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.18

Correlation (3Y)
Calculated over the trailing 3-year period

0.17

Correlation (5Y)
Calculated over the trailing 5-year period

0.23

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2016

0.19

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Italgas SpA

Wärtsilä Oyj Abp

Often compared with IG.MI:
IG.MI vs. SRG.MIIG.MI vs. A2A.MIIG.MI vs. SPYIG.MI vs. SWDA.LIG.MI vs. TRN.MIIG.MI vs. ENEL.MIIG.MI vs. NEM
Often compared with WRT1V.HE:
WRT1V.HE vs. ENVXWRT1V.HE vs. IDCCWRT1V.HE vs. ONWRT1V.HE vs. NGD.TOWRT1V.HE vs. AGI.TOWRT1V.HE vs. APPWRT1V.HE vs. BAMI.MI

Return for Risk

IG.MI vs. WRT1V.HE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IG.MI
IG.MI Risk / Return Rank: 9494
Overall Rank
IG.MI Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
IG.MI Sortino Ratio Rank: 9595
Sortino Ratio Rank
IG.MI Omega Ratio Rank: 9595
Omega Ratio Rank
IG.MI Calmar Ratio Rank: 9191
Calmar Ratio Rank
IG.MI Martin Ratio Rank: 9292
Martin Ratio Rank
WRT1V.HE
WRT1V.HE Risk / Return Rank: 8989
Overall Rank
WRT1V.HE Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
WRT1V.HE Sortino Ratio Rank: 8787
Sortino Ratio Rank
WRT1V.HE Omega Ratio Rank: 8787
Omega Ratio Rank
WRT1V.HE Calmar Ratio Rank: 9191
Calmar Ratio Rank
WRT1V.HE Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IG.MI vs. WRT1V.HE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Italgas SpA (IG.MI) and Wärtsilä Oyj Abp (WRT1V.HE). 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.

IG.MIWRT1V.HEDifference
Sharpe ratioReturn per unit of total volatility
3.10
2.14

+0.96

Sortino ratioReturn per unit of downside risk
3.95
2.71

+1.24

Omega ratioGain probability vs. loss probability

1.52

1.36

+0.17

Calmar ratioReturn relative to maximum drawdown

4.64

4.41

+0.23

Martin ratioReturn relative to average drawdown

13.33

12.03

+1.30

IG.MI vs. WRT1V.HE - Sharpe Ratio Comparison

The current IG.MI Sharpe Ratio is 3.10, which is higher than the WRT1V.HE Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of IG.MI and WRT1V.HE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

IG.MI vs. WRT1V.HE - Drawdown Comparison

The maximum IG.MI drawdown since its inception was -34.66%, smaller than the maximum WRT1V.HE drawdown of -71.45%. Use the drawdown chart below to compare losses from any high point for IG.MI and WRT1V.HE.

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Drawdown Indicators

IG.MIWRT1V.HEDifference

Max Drawdown

Largest peak-to-trough decline

-34.66%

-71.45%

+36.79%

Max Drawdown (1Y)

Largest decline over 1 year

-13.24%

-17.23%

+3.99%

Max Drawdown (3Y)

Largest decline over 3 years

-15.44%

-30.78%

+15.34%

Max Drawdown (5Y)

Largest decline over 5 years

-25.97%

-50.49%

+24.52%

Max Drawdown (10Y)

Largest decline over 10 years

—

-71.45%

—

Current Drawdown

Current decline from peak

-0.50%

-16.58%

+16.08%

Average Drawdown

Average peak-to-trough decline

-7.25%

-18.75%

+11.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.61%

6.30%

-1.69%

Volatility

IG.MI vs. WRT1V.HE - Volatility Comparison

The current volatility for Italgas SpA (IG.MI) is 6.47%, while Wärtsilä Oyj Abp (WRT1V.HE) has a volatility of 13.04%. This indicates that IG.MI experiences smaller price fluctuations and is considered to be less risky than WRT1V.HE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IG.MIWRT1V.HEDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.47%

13.04%

-6.57%

Volatility (6M)

Calculated over the trailing 6-month period

16.24%

27.27%

-11.03%

Volatility (1Y)

Calculated over the trailing 1-year period

19.85%

35.61%

-15.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.44%

34.36%

-13.92%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.65%

34.42%

-11.77%

Dividends

IG.MI vs. WRT1V.HE - Dividend Comparison

IG.MI's dividend yield for the trailing twelve months is around 4.06%, more than WRT1V.HE's 3.06% yield.

PositionTTM20252024202320222021202020192018201720162015
IG.MI
Italgas SpA		4.06%4.00%6.51%6.12%5.68%4.58%4.92%4.30%4.16%3.93%0.00%0.00%
WRT1V.HE
Wärtsilä Oyj Abp		3.06%1.45%1.87%1.98%3.05%1.62%5.89%4.87%6.62%7.42%8.43%8.19%

Financials

IG.MI vs. WRT1V.HE - Financials Comparison

This section allows you to compare key financial metrics between Italgas SpA and Wärtsilä Oyj Abp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.

Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities

Values in EUR except per share items

Frequently Asked Questions

IG.MI and WRT1V.HE have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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