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NWE vs. XLI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NWE and XLI is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.4

Performance

NWE vs. XLI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NorthWestern Corporation (NWE) and Industrial Select Sector SPDR Fund (XLI). The values are adjusted to include any dividend payments, if applicable.

250.00%300.00%350.00%400.00%AugustSeptemberOctoberNovemberDecember2025
280.50%
391.21%
NWE
XLI

Key characteristics

Sharpe Ratio

NWE:

0.99

XLI:

1.96

Sortino Ratio

NWE:

1.46

XLI:

2.82

Omega Ratio

NWE:

1.19

XLI:

1.34

Calmar Ratio

NWE:

0.64

XLI:

3.21

Martin Ratio

NWE:

5.14

XLI:

9.49

Ulcer Index

NWE:

3.82%

XLI:

2.83%

Daily Std Dev

NWE:

19.75%

XLI:

13.71%

Max Drawdown

NWE:

-39.34%

XLI:

-62.26%

Current Drawdown

NWE:

-15.13%

XLI:

-3.85%

Returns By Period

In the year-to-date period, NWE achieves a 1.76% return, which is significantly lower than XLI's 4.55% return. Over the past 10 years, NWE has underperformed XLI with an annualized return of 3.44%, while XLI has yielded a comparatively higher 11.66% annualized return.


NWE

YTD

1.76%

1M

7.85%

6M

6.09%

1Y

20.60%

5Y*

-1.84%

10Y*

3.44%

XLI

YTD

4.55%

1M

4.53%

6M

11.23%

1Y

25.13%

5Y*

12.17%

10Y*

11.66%

*Annualized

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

NWE vs. XLI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NWE
The Risk-Adjusted Performance Rank of NWE is 7474
Overall Rank
The Sharpe Ratio Rank of NWE is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of NWE is 7070
Sortino Ratio Rank
The Omega Ratio Rank of NWE is 7070
Omega Ratio Rank
The Calmar Ratio Rank of NWE is 7171
Calmar Ratio Rank
The Martin Ratio Rank of NWE is 8282
Martin Ratio Rank

XLI
The Risk-Adjusted Performance Rank of XLI is 7575
Overall Rank
The Sharpe Ratio Rank of XLI is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of XLI is 7777
Sortino Ratio Rank
The Omega Ratio Rank of XLI is 7272
Omega Ratio Rank
The Calmar Ratio Rank of XLI is 8080
Calmar Ratio Rank
The Martin Ratio Rank of XLI is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NWE vs. XLI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NorthWestern Corporation (NWE) and Industrial Select Sector SPDR Fund (XLI). 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.


Sharpe ratio
The chart of Sharpe ratio for NWE, currently valued at 0.99, compared to the broader market-2.000.002.004.000.991.96
The chart of Sortino ratio for NWE, currently valued at 1.46, compared to the broader market-4.00-2.000.002.004.001.462.82
The chart of Omega ratio for NWE, currently valued at 1.19, compared to the broader market0.501.001.502.001.191.34
The chart of Calmar ratio for NWE, currently valued at 0.64, compared to the broader market0.002.004.006.000.643.21
The chart of Martin ratio for NWE, currently valued at 5.14, compared to the broader market-10.000.0010.0020.0030.005.149.49
NWE
XLI

The current NWE Sharpe Ratio is 0.99, which is lower than the XLI Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of NWE and XLI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00AugustSeptemberOctoberNovemberDecember2025
0.99
1.96
NWE
XLI

Dividends

NWE vs. XLI - Dividend Comparison

NWE's dividend yield for the trailing twelve months is around 4.78%, more than XLI's 1.38% yield.


TTM20242023202220212020201920182017201620152014
NWE
NorthWestern Corporation
4.78%4.86%5.03%4.25%4.34%4.12%3.21%3.70%3.52%3.52%3.54%2.83%
XLI
Industrial Select Sector SPDR Fund
1.38%1.44%1.63%1.64%1.25%1.55%1.94%2.15%1.77%2.07%2.15%1.85%

Drawdowns

NWE vs. XLI - Drawdown Comparison

The maximum NWE drawdown since its inception was -39.34%, smaller than the maximum XLI drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for NWE and XLI. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-15.13%
-3.85%
NWE
XLI

Volatility

NWE vs. XLI - Volatility Comparison

NorthWestern Corporation (NWE) has a higher volatility of 8.21% compared to Industrial Select Sector SPDR Fund (XLI) at 4.62%. This indicates that NWE's price experiences larger fluctuations and is considered to be riskier than XLI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
8.21%
4.62%
NWE
XLI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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