Correlation
The correlation between NGG and XLU is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
NGG vs. XLU
Compare and contrast key facts about National Grid plc (NGG) and Utilities Select Sector SPDR Fund (XLU).
XLU is a passively managed fund by State Street that tracks the performance of the Utilities Select Sector Index. It was launched on Dec 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NGG or XLU.
Performance
NGG vs. XLU - Performance Comparison
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Key characteristics
NGG:
1.55
XLU:
0.94
NGG:
1.93
XLU:
1.42
NGG:
1.25
XLU:
1.18
NGG:
1.59
XLU:
1.64
NGG:
4.14
XLU:
4.20
NGG:
7.98%
XLU:
4.10%
NGG:
23.94%
XLU:
17.38%
NGG:
-54.85%
XLU:
-52.27%
NGG:
-2.83%
XLU:
-2.71%
Returns By Period
In the year-to-date period, NGG achieves a 22.30% return, which is significantly higher than XLU's 7.15% return. Over the past 10 years, NGG has underperformed XLU with an annualized return of 6.79%, while XLU has yielded a comparatively higher 9.63% annualized return.
NGG
22.30%
-0.25%
14.75%
36.81%
6.89%
11.94%
6.79%
XLU
7.15%
2.34%
-1.36%
16.19%
5.49%
9.55%
9.63%
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Risk-Adjusted Performance
NGG vs. XLU — Risk-Adjusted Performance Rank
NGG
XLU
NGG vs. XLU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for National Grid plc (NGG) and Utilities Select Sector SPDR Fund (XLU). 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.
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Dividends
NGG vs. XLU - Dividend Comparison
NGG's dividend yield for the trailing twelve months is around 9.66%, more than XLU's 2.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGG National Grid plc | 9.66% | 11.81% | 5.20% | 5.13% | 4.71% | 5.29% | 4.90% | 6.44% | 24.15% | 5.07% | 4.73% | 7.86% |
XLU Utilities Select Sector SPDR Fund | 2.83% | 2.96% | 3.39% | 2.92% | 2.79% | 3.14% | 2.95% | 3.33% | 3.33% | 3.42% | 3.67% | 3.19% |
Drawdowns
NGG vs. XLU - Drawdown Comparison
The maximum NGG drawdown since its inception was -54.85%, roughly equal to the maximum XLU drawdown of -52.27%. Use the drawdown chart below to compare losses from any high point for NGG and XLU.
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Volatility
NGG vs. XLU - Volatility Comparison
National Grid plc (NGG) has a higher volatility of 8.50% compared to Utilities Select Sector SPDR Fund (XLU) at 4.63%. This indicates that NGG's price experiences larger fluctuations and is considered to be riskier than XLU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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