NWN vs. SPY
Compare and contrast key facts about Northwest Natural Holding Company (NWN) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NWN or SPY.
Correlation
The correlation between NWN and SPY 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.
Performance
NWN vs. SPY - Performance Comparison
Key characteristics
NWN:
0.31
SPY:
1.95
NWN:
0.60
SPY:
2.60
NWN:
1.08
SPY:
1.36
NWN:
0.17
SPY:
2.98
NWN:
1.29
SPY:
12.42
NWN:
6.08%
SPY:
2.02%
NWN:
24.97%
SPY:
12.88%
NWN:
-46.27%
SPY:
-55.19%
NWN:
-36.91%
SPY:
-1.30%
Returns By Period
In the year-to-date period, NWN achieves a 0.46% return, which is significantly lower than SPY's 2.68% return. Over the past 10 years, NWN has underperformed SPY with an annualized return of 1.32%, while SPY has yielded a comparatively higher 13.67% annualized return.
NWN
0.46%
0.94%
0.63%
9.41%
-7.97%
1.32%
SPY
2.68%
2.31%
9.96%
24.17%
15.14%
13.67%
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Risk-Adjusted Performance
NWN vs. SPY — Risk-Adjusted Performance Rank
NWN
SPY
NWN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Northwest Natural Holding Company (NWN) and SPDR S&P 500 ETF (SPY). 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.
Dividends
NWN vs. SPY - Dividend Comparison
NWN's dividend yield for the trailing twelve months is around 3.69%, more than SPY's 1.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NWN Northwest Natural Holding Company | 3.69% | 4.94% | 4.99% | 4.06% | 3.94% | 4.16% | 2.58% | 3.13% | 3.16% | 3.13% | 3.68% | 3.70% |
SPY SPDR S&P 500 ETF | 1.17% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
NWN vs. SPY - Drawdown Comparison
The maximum NWN drawdown since its inception was -46.27%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for NWN and SPY. For additional features, visit the drawdowns tool.
Volatility
NWN vs. SPY - Volatility Comparison
Northwest Natural Holding Company (NWN) has a higher volatility of 7.05% compared to SPDR S&P 500 ETF (SPY) at 4.23%. This indicates that NWN's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.