PAYX vs. WSO
Compare and contrast key facts about Paychex, Inc. (PAYX) and Watsco, Inc. (WSO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAYX or WSO.
Correlation
The correlation between PAYX and WSO is 0.29, 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
PAYX vs. WSO - Performance Comparison
Key characteristics
PAYX:
1.35
WSO:
1.06
PAYX:
1.98
WSO:
1.55
PAYX:
1.25
WSO:
1.19
PAYX:
2.09
WSO:
1.59
PAYX:
7.48
WSO:
4.14
PAYX:
3.41%
WSO:
7.09%
PAYX:
18.95%
WSO:
27.83%
PAYX:
-64.85%
WSO:
-64.38%
PAYX:
-1.64%
WSO:
-12.26%
Fundamentals
PAYX:
$52.87B
WSO:
$19.29B
PAYX:
$4.73
WSO:
$12.98
PAYX:
30.93
WSO:
36.90
PAYX:
4.39
WSO:
4.26
PAYX:
$5.37B
WSO:
$5.86B
PAYX:
$3.86B
WSO:
$1.56B
PAYX:
$2.42B
WSO:
$645.78M
Returns By Period
In the year-to-date period, PAYX achieves a 4.33% return, which is significantly lower than WSO's 5.30% return. Over the past 10 years, PAYX has underperformed WSO with an annualized return of 15.39%, while WSO has yielded a comparatively higher 20.15% annualized return.
PAYX
4.33%
7.68%
21.00%
25.23%
13.90%
15.39%
WSO
5.30%
2.28%
1.50%
29.22%
26.91%
20.15%
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Risk-Adjusted Performance
PAYX vs. WSO — Risk-Adjusted Performance Rank
PAYX
WSO
PAYX vs. WSO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Paychex, Inc. (PAYX) and Watsco, Inc. (WSO). 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
PAYX vs. WSO - Dividend Comparison
PAYX's dividend yield for the trailing twelve months is around 2.62%, more than WSO's 2.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAYX Paychex, Inc. | 2.62% | 2.73% | 2.90% | 2.62% | 1.90% | 2.66% | 2.85% | 3.35% | 2.82% | 2.89% | 3.03% | 3.16% |
WSO Watsco, Inc. | 2.18% | 2.23% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% | 1.87% |
Drawdowns
PAYX vs. WSO - Drawdown Comparison
The maximum PAYX drawdown since its inception was -64.85%, roughly equal to the maximum WSO drawdown of -64.38%. Use the drawdown chart below to compare losses from any high point for PAYX and WSO. For additional features, visit the drawdowns tool.
Volatility
PAYX vs. WSO - Volatility Comparison
Paychex, Inc. (PAYX) and Watsco, Inc. (WSO) have volatilities of 6.67% and 7.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PAYX vs. WSO - Financials Comparison
This section allows you to compare key financial metrics between Paychex, Inc. and Watsco, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities