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NWN vs. FCG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NWN and FCG is 0.26, 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.


-0.50.00.51.00.3

Performance

NWN vs. FCG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northwest Natural Holding Company (NWN) and First Trust Natural Gas ETF (FCG). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
15.06%
-7.48%
NWN
FCG

Key characteristics

Sharpe Ratio

NWN:

0.27

FCG:

-0.00

Sortino Ratio

NWN:

0.53

FCG:

0.15

Omega Ratio

NWN:

1.07

FCG:

1.02

Calmar Ratio

NWN:

0.14

FCG:

-0.00

Martin Ratio

NWN:

1.16

FCG:

-0.01

Ulcer Index

NWN:

5.58%

FCG:

8.59%

Daily Std Dev

NWN:

24.45%

FCG:

22.15%

Max Drawdown

NWN:

-46.27%

FCG:

-97.20%

Current Drawdown

NWN:

-37.01%

FCG:

-79.98%

Returns By Period

In the year-to-date period, NWN achieves a 7.10% return, which is significantly higher than FCG's 0.99% return. Over the past 10 years, NWN has outperformed FCG with an annualized return of 1.22%, while FCG has yielded a comparatively lower -5.93% annualized return.


NWN

YTD

7.10%

1M

-9.37%

6M

15.41%

1Y

6.50%

5Y*

-7.56%

10Y*

1.22%

FCG

YTD

0.99%

1M

-9.38%

6M

-8.42%

1Y

-0.08%

5Y*

18.29%

10Y*

-5.93%

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Risk-Adjusted Performance

NWN vs. FCG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Northwest Natural Holding Company (NWN) and First Trust Natural Gas ETF (FCG). 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 NWN, currently valued at 0.27, compared to the broader market-4.00-2.000.002.000.27-0.00
The chart of Sortino ratio for NWN, currently valued at 0.53, compared to the broader market-4.00-2.000.002.004.000.530.15
The chart of Omega ratio for NWN, currently valued at 1.07, compared to the broader market0.501.001.502.001.071.02
The chart of Calmar ratio for NWN, currently valued at 0.14, compared to the broader market0.002.004.006.000.14-0.00
The chart of Martin ratio for NWN, currently valued at 1.16, compared to the broader market0.0010.0020.001.16-0.01
NWN
FCG

The current NWN Sharpe Ratio is 0.27, which is higher than the FCG Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of NWN and FCG, 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 Ratio-0.500.000.501.00JulyAugustSeptemberOctoberNovemberDecember
0.27
-0.00
NWN
FCG

Dividends

NWN vs. FCG - Dividend Comparison

NWN's dividend yield for the trailing twelve months is around 4.92%, more than FCG's 2.84% yield.


TTM20232022202120202019201820172016201520142013
NWN
Northwest Natural Holding Company
4.92%4.99%4.06%3.94%4.16%2.58%3.13%3.16%3.13%3.68%3.70%4.26%
FCG
First Trust Natural Gas ETF
2.84%3.25%3.04%1.73%3.83%2.88%1.46%1.56%1.69%4.82%1.34%0.35%

Drawdowns

NWN vs. FCG - Drawdown Comparison

The maximum NWN drawdown since its inception was -46.27%, smaller than the maximum FCG drawdown of -97.20%. Use the drawdown chart below to compare losses from any high point for NWN and FCG. For additional features, visit the drawdowns tool.


-80.00%-70.00%-60.00%-50.00%-40.00%-30.00%JulyAugustSeptemberOctoberNovemberDecember
-37.01%
-79.98%
NWN
FCG

Volatility

NWN vs. FCG - Volatility Comparison

The current volatility for Northwest Natural Holding Company (NWN) is 5.48%, while First Trust Natural Gas ETF (FCG) has a volatility of 6.79%. This indicates that NWN experiences smaller price fluctuations and is considered to be less risky than FCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
5.48%
6.79%
NWN
FCG
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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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