NJR vs. VPU
NJR (New Jersey Resources Corporation) is a stock, while VPU (Vanguard Utilities ETF) is Utilities Equities fund tracking the MSCI US Investable Market Utilities 25/50 Index. Over the past 10 years, NJR returned 7.84%/yr vs 9.25%/yr for VPU. A 0.65 correlation means they provide meaningful diversification when combined.
Performance
NJR vs. VPU - Performance Comparison
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Returns By Period
In the year-to-date period, NJR achieves a 24.03% return, which is significantly higher than VPU's 6.78% return. Over the past 10 years, NJR has underperformed VPU with an annualized return of 7.84%, while VPU has yielded a comparatively higher 9.25% annualized return.
NJR
- 1D
- 2.55%
- 1M
- -0.99%
- YTD
- 24.03%
- 6M
- 23.86%
- 1Y
- 28.95%
- 3Y*
- 11.11%
- 5Y*
- 10.27%
- 10Y*
- 7.84%
VPU
- 1D
- 0.75%
- 1M
- -0.09%
- YTD
- 6.78%
- 6M
- 6.90%
- 1Y
- 13.99%
- 3Y*
- 14.85%
- 5Y*
- 10.36%
- 10Y*
- 9.25%
NJR vs. VPU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 24.03% | 2.91% | 8.72% | -6.94% | 24.93% | 19.60% | -16.86% | 0.13% | 16.57% | 16.18% |
VPU Vanguard Utilities ETF | 6.78% | 16.46% | 23.04% | -7.45% | 1.06% | 17.40% | -0.74% | 24.89% | 4.38% | 12.44% |
Correlation
The correlation between NJR and VPU is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2004 | 0.65 |
Over the past year, the correlation between NJR and VPU has dropped to 0.44 - well below their long-term average of 0.65, suggesting their price drivers have been diverging.
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Return for Risk
NJR vs. VPU — Risk / Return Rank
NJR
VPU
NJR vs. VPU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for New Jersey Resources Corporation (NJR) and Vanguard Utilities ETF (VPU). 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.
| NJR | VPU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.71 | ||
| Sortino ratioReturn per unit of downside risk | +0.98 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.17 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 3.35 | 1.58 | +1.77 |
| Martin ratioReturn relative to average drawdown | 8.90 | 3.36 | +5.54 |
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Drawdowns
NJR vs. VPU - Drawdown Comparison
The maximum NJR drawdown since its inception was -50.72%, which is greater than VPU's maximum drawdown of -46.31%. Use the drawdown chart below to compare losses from any high point for NJR and VPU.
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Drawdown Indicators
| NJR | VPU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.72% | -46.31% | -4.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -8.90% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.20% | -17.34% | +1.14% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -25.15% | -2.64% |
Max Drawdown (10Y)Largest decline over 10 years | -50.72% | -36.42% | -14.30% |
Current DrawdownCurrent decline from peak | -2.56% | -4.02% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -7.54% | -7.78% | +0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 4.17% | -0.91% |
Volatility
NJR vs. VPU - Volatility Comparison
New Jersey Resources Corporation (NJR) has a higher volatility of 6.41% compared to Vanguard Utilities ETF (VPU) at 5.15%. This indicates that NJR's price experiences larger fluctuations and is considered to be riskier than VPU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NJR | VPU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 5.15% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.57% | 11.52% | +1.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.32% | 14.44% | +2.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.74% | 17.03% | +3.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.08% | 19.15% | +8.93% |
Dividends
NJR vs. VPU - Dividend Comparison
NJR's dividend yield for the trailing twelve months is around 3.38%, more than VPU's 2.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NJR New Jersey Resources Corporation | 3.38% | 4.01% | 3.73% | 3.63% | 3.03% | 3.39% | 3.63% | 2.71% | 2.47% | 2.62% | 2.79% | 2.82% |
VPU Vanguard Utilities ETF | 2.59% | 2.73% | 3.02% | 3.49% | 2.98% | 2.70% | 3.17% | 2.83% | 3.23% | 3.18% | 3.19% | 3.63% |
Frequently Asked Questions
NJR and VPU have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NJR has higher volatility (6.41%) compared to VPU (5.15%). In terms of maximum drawdown, NJR dropped -50.72% vs VPU's -46.31%.
NJR currently has the higher Sharpe Ratio (1.69 vs 0.98), 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.
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