MO vs. AWR
MO (Altria Group, Inc.) and AWR (American States Water Company) are both stocks. MO operates in Tobacco (Consumer Defensive), while AWR operates in Utilities - Regulated Water (Utilities). Over the past 10 years, MO returned 7.21%/yr vs 9.28%/yr for AWR. Their 0.19 correlation means their historical movements had little consistent relationship.
Performance
MO vs. AWR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MO achieves a 22.29% return, which is significantly higher than AWR's 19.78% return. Over the past 10 years, MO has underperformed AWR with an annualized return of 7.21%, while AWR has yielded a comparatively higher 9.28% annualized return.
MO
- 1D
- 0.57%
- 1M
- -4.49%
- 6M
- 13.75%
- YTD
- 22.29%
- 1Y
- 17.80%
- 3Y*
- 23.87%
- 5Y*
- 15.92%
- 10Y*
- 7.21%
- ALL TIME*
- 17.80%
AWR
- 1D
- -0.37%
- 1M
- 2.76%
- 6M
- 18.99%
- YTD
- 19.78%
- 1Y
- 19.57%
- 3Y*
- 2.09%
- 5Y*
- 1.52%
- 10Y*
- 9.28%
- ALL TIME*
- 12.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $26.21M | $26.71M | $26.89M | |
| $637.73M | $559.86M | $594.92M |
MO vs. AWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MO Altria Group, Inc. | 22.29% | 18.17% | 40.76% | -3.70% | 4.37% | 24.18% | -10.21% | 7.87% | -27.14% | 9.45% |
AWR American States Water Company | 19.78% | -4.32% | -1.18% | -11.43% | -8.92% | 32.25% | -6.75% | 31.19% | 17.91% | 29.76% |
Correlation
The correlation between MO and AWR is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.19 |
The correlation between MO and AWR shifts across timeframes, from 0.19 (all time) to 0.35 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
MO:
$114.07B
AWR:
$3.36B
MO:
$4.76
AWR:
$3.44
MO:
14.37
AWR:
24.92
MO:
0.31
AWR:
2.35
MO:
5.24
AWR:
4.90
MO:
$21.87B
AWR:
$679.25M
MO:
$15.52B
AWR:
$303.17M
MO:
$11.75B
AWR:
$233.31M
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
MO vs. AWR — Risk / Return Rank
MO
AWR
MO vs. AWR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Altria Group, Inc. (MO) and American States Water Company (AWR). 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.
| MO | AWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 2.34 | -1.25 |
| Martin ratioReturn relative to average drawdown | 2.71 | 5.12 | -2.41 |
Loading charts...
Drawdowns
MO vs. AWR - Drawdown Comparison
The maximum MO drawdown since its inception was -65.43%, which is greater than AWR's maximum drawdown of -37.39%. Use the drawdown chart below to compare losses from any high point for MO and AWR.
Loading charts...
Drawdown Indicators
| MO | AWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.43% | -37.39% | -28.04% |
Max Drawdown (1Y)Largest decline over 1 year | -16.40% | -8.41% | -7.99% |
Max Drawdown (3Y)Largest decline over 3 years | -16.40% | -24.10% | +7.70% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -32.85% | +7.02% |
Max Drawdown (10Y)Largest decline over 10 years | -53.69% | -32.85% | -20.84% |
Current DrawdownCurrent decline from peak | -8.80% | -8.65% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -10.81% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.59% | 3.83% | +2.76% |
Volatility
MO vs. AWR - Volatility Comparison
Altria Group, Inc. (MO) has a higher volatility of 12.13% compared to American States Water Company (AWR) at 6.58%. This indicates that MO's price experiences larger fluctuations and is considered to be riskier than AWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MO | AWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.13% | 6.58% | +5.55% |
Volatility (6M)Calculated over the trailing 6-month period | 20.12% | 16.19% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.97% | 20.43% | +4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.27% | 22.73% | -1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.29% | 26.21% | -2.92% |
Dividends
MO vs. AWR - Dividend Comparison
MO's dividend yield for the trailing twelve months is around 6.21%, more than AWR's 2.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWR American States Water Company | 2.35% | 2.68% | 2.30% | 2.06% | 1.65% | 1.35% | 1.61% | 1.34% | 1.58% | 1.72% | 2.01% | 2.08% |
MO Altria Group, Inc. | 6.21% | 7.21% | 7.65% | 9.52% | 8.05% | 7.43% | 8.29% | 6.57% | 6.07% | 3.56% | 3.48% | 3.73% |
Financials
MO vs. AWR - Financials Comparison
This section allows you to compare key financial metrics between Altria Group, Inc. and American States Water Company. 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
MO vs. AWR - Profitability Comparison
MO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Altria Group, Inc. reported a gross profit of 4.58B and revenue of 6.11B. Therefore, the gross margin over that period was 74.9%.
AWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, American States Water Company reported a gross profit of 0.00 and revenue of 169.19M. Therefore, the gross margin over that period was 0.0%.
MO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Altria Group, Inc. reported an operating income of 3.14B and revenue of 6.11B, resulting in an operating margin of 51.3%.
AWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, American States Water Company reported an operating income of 51.37M and revenue of 169.19M, resulting in an operating margin of 30.4%.
MO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Altria Group, Inc. reported a net income of 2.30B and revenue of 6.11B, resulting in a net margin of 37.6%.
AWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, American States Water Company reported a net income of 29.95M and revenue of 169.19M, resulting in a net margin of 17.7%.
Frequently Asked Questions
MO and AWR have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MO has higher volatility (12.13%) compared to AWR (6.58%). In terms of maximum drawdown, MO dropped -65.43% vs AWR's -37.39%.
AWR currently has the higher Sharpe Ratio (0.96 vs 0.72), 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 MO and AWR
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