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OGS vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between OGS and FXAIX is 0.33, 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

OGS vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ONE Gas, Inc. (OGS) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
14.26%
7.90%
OGS
FXAIX

Key characteristics

Sharpe Ratio

OGS:

0.51

FXAIX:

1.97

Sortino Ratio

OGS:

0.85

FXAIX:

2.63

Omega Ratio

OGS:

1.10

FXAIX:

1.37

Calmar Ratio

OGS:

0.34

FXAIX:

2.93

Martin Ratio

OGS:

2.40

FXAIX:

12.99

Ulcer Index

OGS:

4.65%

FXAIX:

1.90%

Daily Std Dev

OGS:

21.71%

FXAIX:

12.58%

Max Drawdown

OGS:

-33.50%

FXAIX:

-33.79%

Current Drawdown

OGS:

-18.29%

FXAIX:

-3.62%

Returns By Period

In the year-to-date period, OGS achieves a 11.14% return, which is significantly lower than FXAIX's 24.65% return. Over the past 10 years, OGS has underperformed FXAIX with an annualized return of 8.16%, while FXAIX has yielded a comparatively higher 12.79% annualized return.


OGS

YTD

11.14%

1M

-11.00%

6M

14.26%

1Y

12.39%

5Y*

-3.14%

10Y*

8.16%

FXAIX

YTD

24.65%

1M

-0.72%

6M

7.90%

1Y

26.58%

5Y*

14.57%

10Y*

12.79%

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Risk-Adjusted Performance

OGS vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ONE Gas, Inc. (OGS) and Fidelity 500 Index Fund (FXAIX). 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 OGS, currently valued at 0.51, compared to the broader market-4.00-2.000.002.000.511.97
The chart of Sortino ratio for OGS, currently valued at 0.85, compared to the broader market-4.00-2.000.002.004.000.852.63
The chart of Omega ratio for OGS, currently valued at 1.10, compared to the broader market0.501.001.502.001.101.37
The chart of Calmar ratio for OGS, currently valued at 0.34, compared to the broader market0.002.004.006.000.342.93
The chart of Martin ratio for OGS, currently valued at 2.40, compared to the broader market0.0010.0020.002.4012.99
OGS
FXAIX

The current OGS Sharpe Ratio is 0.51, which is lower than the FXAIX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of OGS and FXAIX, 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-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.51
1.97
OGS
FXAIX

Dividends

OGS vs. FXAIX - Dividend Comparison

OGS's dividend yield for the trailing twelve months is around 3.88%, more than FXAIX's 0.89% yield.


TTM20232022202120202019201820172016201520142013
OGS
ONE Gas, Inc.
3.88%4.08%3.28%2.99%2.81%2.14%2.31%2.29%2.19%2.39%2.04%0.00%
FXAIX
Fidelity 500 Index Fund
0.89%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

OGS vs. FXAIX - Drawdown Comparison

The maximum OGS drawdown since its inception was -33.50%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for OGS and FXAIX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.29%
-3.62%
OGS
FXAIX

Volatility

OGS vs. FXAIX - Volatility Comparison

ONE Gas, Inc. (OGS) has a higher volatility of 6.99% compared to Fidelity 500 Index Fund (FXAIX) at 3.62%. This indicates that OGS's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
6.99%
3.62%
OGS
FXAIX
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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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