PEG vs. ED
PEG (Public Service Enterprise Group Incorporated) and ED (Consolidated Edison, Inc.) are both stocks. Both are in the Utilities sector — PEG in Utilities - Diversified, ED in Utilities - Regulated Electric. Over the past 10 years, PEG returned 9.12%/yr vs 6.87%/yr for ED. Their 0.56 correlation means they have sometimes moved together and sometimes differently.
Performance
PEG vs. ED - Performance Comparison
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Returns By Period
In the year-to-date period, PEG achieves a -2.90% return, which is significantly lower than ED's 11.38% return. Over the past 10 years, PEG has outperformed ED with an annualized return of 9.12%, while ED has yielded a comparatively lower 6.87% annualized return.
PEG
- 1D
- -1.12%
- 1M
- -6.05%
- 6M
- -5.33%
- YTD
- -2.90%
- 1Y
- -10.96%
- 3Y*
- 10.23%
- 5Y*
- 7.80%
- 10Y*
- 9.12%
- ALL TIME*
- 10.07%
ED
- 1D
- -0.74%
- 1M
- -4.51%
- 6M
- 3.74%
- YTD
- 11.38%
- 1Y
- 7.69%
- 3Y*
- 8.94%
- 5Y*
- 11.93%
- 10Y*
- 6.87%
- ALL TIME*
- 7.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $262.57M | $242.22M | $266.23M | |
| $216.48M | $232.76M | $240.76M |
PEG vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEG Public Service Enterprise Group Incorporated | -2.90% | -1.89% | 42.63% | 3.62% | -5.09% | 18.34% | 2.37% | 17.09% | 4.68% | 21.77% |
ED Consolidated Edison, Inc. | 11.38% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 22.54% | -6.62% | 19.30% |
Correlation
The correlation between PEG and ED is 0.52, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.54 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.63 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.66 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 1980 | 0.56 |
The correlation between PEG and ED shifts across timeframes, from 0.52 (1 year) to 0.66 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
PEG:
$38.21B
ED:
$40.11B
PEG:
$6.78
ED:
$5.94
PEG:
11.32
ED:
18.33
PEG:
0.49
ED:
1.30
PEG:
2.00
ED:
2.29
PEG:
$12.79B
ED:
$17.22B
PEG:
$10.19B
ED:
$11.62B
PEG:
$4.20B
ED:
$8.47B
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Return for Risk
PEG vs. ED — Risk / Return Rank
PEG
ED
PEG vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Public Service Enterprise Group Incorporated (PEG) and Consolidated Edison, Inc. (ED). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PEG | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.58 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.09 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 0.90 | -1.80 |
| Martin ratioReturn relative to average drawdown | -1.39 | 1.87 | -3.26 |
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Drawdowns
PEG vs. ED - Drawdown Comparison
The maximum PEG drawdown since its inception was -54.32%, smaller than the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for PEG and ED.
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Drawdown Indicators
| PEG | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.32% | -78.90% | +24.58% |
Max Drawdown (1Y)Largest decline over 1 year | -13.15% | -9.63% | -3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -17.17% | -17.36% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -27.29% | -22.03% | -5.26% |
Max Drawdown (10Y)Largest decline over 10 years | -40.78% | -30.91% | -9.87% |
Current DrawdownCurrent decline from peak | -14.26% | -4.94% | -9.32% |
Average DrawdownAverage peak-to-trough decline | -11.16% | -13.22% | +2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.51% | 4.63% | +3.88% |
Volatility
PEG vs. ED - Volatility Comparison
The current volatility for Public Service Enterprise Group Incorporated (PEG) is 4.87%, while Consolidated Edison, Inc. (ED) has a volatility of 6.20%. This indicates that PEG experiences smaller price fluctuations and is considered to be less risky than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEG | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.87% | 6.20% | -1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 14.14% | 13.05% | +1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.99% | 17.21% | +1.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.44% | 18.85% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 21.06% | +0.90% |
Dividends
PEG vs. ED - Dividend Comparison
PEG's dividend yield for the trailing twelve months is around 3.39%, more than ED's 3.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ED Consolidated Edison, Inc. | 3.19% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
PEG Public Service Enterprise Group Incorporated | 3.39% | 3.14% | 2.84% | 3.73% | 3.53% | 3.06% | 3.36% | 3.18% | 3.46% | 3.34% | 3.74% | 4.03% |
Financials
PEG vs. ED - Financials Comparison
This section allows you to compare key financial metrics between Public Service Enterprise Group Incorporated and Consolidated Edison, 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
PEG vs. ED - Profitability Comparison
PEG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Public Service Enterprise Group Incorporated reported a gross profit of 2.91B and revenue of 3.85B. Therefore, the gross margin over that period was 75.7%.
ED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Consolidated Edison, Inc. reported a gross profit of 4.15B and revenue of 5.10B. Therefore, the gross margin over that period was 81.5%.
PEG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Public Service Enterprise Group Incorporated reported an operating income of 1.08B and revenue of 3.85B, resulting in an operating margin of 27.9%.
ED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Consolidated Edison, Inc. reported an operating income of 1.18B and revenue of 5.10B, resulting in an operating margin of 23.1%.
PEG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Public Service Enterprise Group Incorporated reported a net income of 741.00M and revenue of 3.85B, resulting in a net margin of 19.3%.
ED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Consolidated Edison, Inc. reported a net income of 924.00M and revenue of 5.10B, resulting in a net margin of 18.1%.
Frequently Asked Questions
PEG and ED have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ED has higher volatility (6.20%) compared to PEG (4.87%). In terms of maximum drawdown, PEG dropped -54.32% vs ED's -78.90%.
ED currently has the higher Sharpe Ratio (0.51 vs -0.62), 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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