NG.L vs. UUGRY
NG.L (National Grid plc) and UUGRY (United Utilities Group PLC ADR) are both stocks. Both are in the Utilities sector — NG.L in Utilities - Regulated Electric, UUGRY in Utilities - Regulated Water. Over the past 10 years, NG.L returned 7.83%/yr vs 8.61%/yr for UUGRY. A 0.54 correlation means they provide meaningful diversification when combined.
Performance
NG.L vs. UUGRY - Performance Comparison
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Different Trading Currencies
NG.L is traded in GBp, while UUGRY is traded in USD. To make them comparable, the UUGRY values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, NG.L achieves a 8.08% return, which is significantly lower than UUGRY's 9.54% return. Over the past 10 years, NG.L has underperformed UUGRY with an annualized return of 7.83%, while UUGRY has yielded a comparatively higher 8.61% annualized return.
NG.L
- 1D
- -1.23%
- 1M
- -3.43%
- YTD
- 8.08%
- 6M
- 8.65%
- 1Y
- 20.62%
- 3Y*
- 12.91%
- 5Y*
- 12.54%
- 10Y*
- 7.83%
UUGRY
- 1D
- -1.83%
- 1M
- -5.95%
- YTD
- 9.54%
- 6M
- 10.74%
- 1Y
- 19.84%
- 3Y*
- 11.65%
- 5Y*
- 9.75%
- 10Y*
- 8.61%
NG.L vs. UUGRY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NG.L National Grid plc | 8.08% | 25.50% | 3.80% | 11.91% | -2.57% | 27.27% | -4.19% | 30.69% | -9.07% | -3.65% |
UUGRY United Utilities Group PLC ADR | 9.54% | 18.75% | 2.29% | 15.35% | -6.28% | 23.58% | 1.19% | 34.51% | -7.23% | -0.78% |
Correlation
The correlation between NG.L and UUGRY is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.64 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2008 | 0.54 |
The correlation between NG.L and UUGRY has been stable across timeframes, ranging from 0.54 to 0.64 - a consistent structural relationship.
Fundamentals
NG.L:
£59.84B
UUGRY:
$11.93B
NG.L:
£1.24
UUGRY:
$2.50
NG.L:
9.72
UUGRY:
13.94
NG.L:
0.23
UUGRY:
0.40
NG.L:
1.65
UUGRY:
2.50
NG.L:
1.52
UUGRY:
5.32
NG.L:
£36.07B
UUGRY:
$4.78B
NG.L:
£29.59B
UUGRY:
$3.23B
NG.L:
£14.89B
UUGRY:
$2.71B
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Return for Risk
NG.L vs. UUGRY — Risk / Return Rank
NG.L
UUGRY
NG.L vs. UUGRY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NG.L) and United Utilities Group PLC ADR (UUGRY). 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.
| NG.L | UUGRY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.72 | -0.37 |
| Martin ratioReturn relative to average drawdown | 4.16 | 5.37 | -1.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NG.L | UUGRY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.04 | 0.86 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.44 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.38 | 0.36 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.44 | +0.06 |
Drawdowns
NG.L vs. UUGRY - Drawdown Comparison
The maximum NG.L drawdown since its inception was -37.82%, which is greater than UUGRY's maximum drawdown of -34.71%. Use the drawdown chart below to compare losses from any high point for NG.L and UUGRY.
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Drawdown Indicators
| NG.L | UUGRY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.82% | -34.71% | -3.11% |
Max Drawdown (1Y)Largest decline over 1 year | -15.14% | -11.55% | -3.59% |
Max Drawdown (3Y)Largest decline over 3 years | -20.16% | -16.17% | -3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -29.57% | -28.06% | -1.51% |
Max Drawdown (10Y)Largest decline over 10 years | -30.48% | -34.30% | +3.82% |
Current DrawdownCurrent decline from peak | -11.88% | -9.85% | -2.03% |
Average DrawdownAverage peak-to-trough decline | -9.19% | -8.99% | -0.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.95% | 3.70% | +1.25% |
Volatility
NG.L vs. UUGRY - Volatility Comparison
National Grid plc (NG.L) has a higher volatility of 10.52% compared to United Utilities Group PLC ADR (UUGRY) at 9.70%. This indicates that NG.L's price experiences larger fluctuations and is considered to be riskier than UUGRY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NG.L | UUGRY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 9.70% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 17.15% | 19.48% | -2.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.83% | 23.33% | -3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.40% | 22.38% | -2.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.41% | 23.94% | -3.53% |
Dividends
NG.L vs. UUGRY - Dividend Comparison
NG.L's dividend yield for the trailing twelve months is around 4.03%, more than UUGRY's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NG.L National Grid plc | 4.03% | 4.14% | 5.79% | 5.39% | 3.85% | 3.47% | 4.89% | 4.91% | 4.53% | 15.43% | 4.97% | 5.01% |
UUGRY United Utilities Group PLC ADR | 3.98% | 4.32% | 4.87% | 4.24% | 4.47% | 3.87% | 4.16% | 3.79% | 5.36% | 9.00% | 8.81% | 4.06% |
Financials
NG.L vs. UUGRY - Financials Comparison
This section allows you to compare key financial metrics between National Grid plc and United Utilities Group PLC ADR. 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
NG.L vs. UUGRY - Profitability Comparison
NG.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Grid plc reported a gross profit of 4.15B and revenue of 10.62B. Therefore, the gross margin over that period was 39.0%.
UUGRY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, United Utilities Group PLC ADR reported a gross profit of 634.90M and revenue of 1.33B. Therefore, the gross margin over that period was 47.9%.
NG.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Grid plc reported an operating income of 4.15B and revenue of 10.62B, resulting in an operating margin of 39.0%.
UUGRY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, United Utilities Group PLC ADR reported an operating income of 550.04M and revenue of 1.33B, resulting in an operating margin of 41.5%.
NG.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Grid plc reported a net income of 2.62B and revenue of 10.62B, resulting in a net margin of 24.7%.
UUGRY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, United Utilities Group PLC ADR reported a net income of 352.01M and revenue of 1.33B, resulting in a net margin of 26.5%.
Frequently Asked Questions
NG.L and UUGRY have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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