PCG vs. XEL
PCG (PG&E Corporation) and XEL (Xcel Energy Inc.) are both stocks. Both operate in the Utilities - Regulated Electric industry within the Utilities sector. Over the past 10 years, PCG returned -11.61%/yr vs 9.57%/yr for XEL. At a 0.48 correlation, their price movements are largely independent.
Performance
PCG vs. XEL - Performance Comparison
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Returns By Period
In the year-to-date period, PCG achieves a 5.15% return, which is significantly lower than XEL's 5.55% return. Over the past 10 years, PCG has underperformed XEL with an annualized return of -11.61%, while XEL has yielded a comparatively higher 9.57% annualized return.
PCG
- 1D
- 1.69%
- 1M
- 3.95%
- YTD
- 5.15%
- 6M
- 11.30%
- 1Y
- 2.84%
- 3Y*
- 0.88%
- 5Y*
- 10.49%
- 10Y*
- -11.61%
XEL
- 1D
- -0.62%
- 1M
- -4.66%
- YTD
- 5.55%
- 6M
- 0.22%
- 1Y
- 15.16%
- 3Y*
- 10.75%
- 5Y*
- 5.29%
- 10Y*
- 9.57%
PCG vs. XEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCG PG&E Corporation | 5.15% | -19.72% | 12.25% | 10.95% | 33.94% | -2.57% | 14.63% | -54.23% | -47.02% | -24.51% |
XEL Xcel Energy Inc. | 5.55% | 13.89% | 12.32% | -8.67% | 6.44% | 4.40% | 7.77% | 32.37% | 5.88% | 21.91% |
Correlation
The correlation between PCG and XEL is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.45 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 1985 | 0.48 |
The correlation between PCG and XEL shifts across timeframes, from 0.41 (10 years) to 0.51 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
PCG:
$38.43B
XEL:
$48.45B
PCG:
$1.32
XEL:
$3.50
PCG:
12.79
XEL:
22.09
PCG:
1.46
XEL:
3.12
PCG:
0.99
XEL:
2.04
PCG:
$25.83B
XEL:
$14.78B
PCG:
$11.87B
XEL:
$1.88B
PCG:
$10.55B
XEL:
$6.26B
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Return for Risk
PCG vs. XEL — Risk / Return Rank
PCG
XEL
PCG vs. XEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PG&E Corporation (PCG) and Xcel Energy Inc. (XEL). 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.
| PCG | XEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.70 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.16 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.15 | 1.32 | -1.17 |
| Martin ratioReturn relative to average drawdown | 0.32 | 3.51 | -3.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PCG | XEL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.10 | 0.80 | -0.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.26 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.20 | 0.44 | -0.64 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | 0.41 | -0.33 |
Drawdowns
PCG vs. XEL - Drawdown Comparison
The maximum PCG drawdown since its inception was -94.65%, which is greater than XEL's maximum drawdown of -80.64%. Use the drawdown chart below to compare losses from any high point for PCG and XEL.
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Drawdown Indicators
| PCG | XEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.65% | -80.64% | -14.01% |
Max Drawdown (1Y)Largest decline over 1 year | -18.91% | -11.50% | -7.41% |
Max Drawdown (3Y)Largest decline over 3 years | -39.63% | -24.42% | -15.21% |
Max Drawdown (5Y)Largest decline over 5 years | -39.63% | -34.41% | -5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -94.65% | -34.41% | -60.24% |
Current DrawdownCurrent decline from peak | -75.92% | -7.09% | -68.83% |
Average DrawdownAverage peak-to-trough decline | -26.48% | -11.32% | -15.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.83% | 4.34% | +5.49% |
Volatility
PCG vs. XEL - Volatility Comparison
PG&E Corporation (PCG) has a higher volatility of 8.26% compared to Xcel Energy Inc. (XEL) at 6.69%. This indicates that PCG's price experiences larger fluctuations and is considered to be riskier than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCG | XEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.26% | 6.69% | +1.57% |
Volatility (6M)Calculated over the trailing 6-month period | 18.34% | 14.41% | +3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.81% | 19.03% | +8.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.00% | 20.80% | +7.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.53% | 21.68% | +37.85% |
Dividends
PCG vs. XEL - Dividend Comparison
PCG's dividend yield for the trailing twelve months is around 0.89%, less than XEL's 2.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCG PG&E Corporation | 0.89% | 0.78% | 0.27% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.46% | 3.17% | 3.42% |
XEL Xcel Energy Inc. | 2.98% | 3.83% | 2.43% | 3.36% | 2.78% | 2.70% | 2.58% | 2.55% | 3.09% | 2.99% | 3.34% | 3.56% |
Financials
PCG vs. XEL - Financials Comparison
This section allows you to compare key financial metrics between PG&E Corporation and Xcel Energy 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
PCG vs. XEL - Profitability Comparison
PCG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PG&E Corporation reported a gross profit of 5.85B and revenue of 6.88B. Therefore, the gross margin over that period was 85.0%.
XEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a gross profit of 0.00 and revenue of 4.02B. Therefore, the gross margin over that period was 0.0%.
PCG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PG&E Corporation reported an operating income of 1.47B and revenue of 6.88B, resulting in an operating margin of 21.4%.
XEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported an operating income of 754.00M and revenue of 4.02B, resulting in an operating margin of 18.8%.
PCG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PG&E Corporation reported a net income of 885.00M and revenue of 6.88B, resulting in a net margin of 12.9%.
XEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a net income of 556.00M and revenue of 4.02B, resulting in a net margin of 13.8%.
Frequently Asked Questions
PCG and XEL have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCG has higher volatility (8.26%) compared to XEL (6.69%). In terms of maximum drawdown, PCG dropped -94.65% vs XEL's -80.64%.
XEL currently has the higher Sharpe Ratio (0.80 vs 0.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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