PG vs. AWK
PG (The Procter & Gamble Company) and AWK (American Water Works Company, Inc.) are both stocks. PG operates in Household & Personal Products (Consumer Defensive), while AWK operates in Utilities - Regulated Water (Utilities). Over the past 10 years, PG returned 8.64%/yr vs 6.76%/yr for AWK. At a 0.41 correlation, their price movements are largely independent.
Performance
PG vs. AWK - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PG achieves a 2.74% return, which is significantly higher than AWK's -4.83% return. Over the past 10 years, PG has outperformed AWK with an annualized return of 8.64%, while AWK has yielded a comparatively lower 6.76% annualized return.
PG
- 1D
- -0.98%
- 1M
- -0.90%
- YTD
- 2.74%
- 6M
- 6.43%
- 1Y
- -8.99%
- 3Y*
- 2.29%
- 5Y*
- 4.10%
- 10Y*
- 8.64%
AWK
- 1D
- -1.59%
- 1M
- -1.35%
- YTD
- -4.83%
- 6M
- -3.31%
- 1Y
- -10.24%
- 3Y*
- -3.56%
- 5Y*
- -2.91%
- 10Y*
- 6.76%
PG vs. AWK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PG The Procter & Gamble Company | 2.74% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
AWK American Water Works Company, Inc. | -4.83% | 7.40% | -3.53% | -11.68% | -17.89% | 24.83% | 26.88% | 37.79% | 1.32% | 29.01% |
Correlation
The correlation between PG and AWK is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Apr 24, 2008 | 0.41 |
The correlation between PG and AWK shifts across timeframes, from 0.29 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PG:
$350.63B
AWK:
$23.89B
PG:
$5.23
AWK:
$5.65
PG:
27.76
AWK:
21.67
PG:
4.07
AWK:
4.59
PG:
6.50
AWK:
2.16
PG:
$86.72B
AWK:
$5.21B
PG:
$43.64B
AWK:
$2.27B
PG:
$22.63B
AWK:
$2.48B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PG vs. AWK — Risk / Return Rank
PG
AWK
PG vs. AWK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Procter & Gamble Company (PG) and American Water Works Company, Inc. (AWK). 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.
| PG | AWK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 0.94 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | -0.67 | +0.08 |
| Martin ratioReturn relative to average drawdown | -1.04 | -1.25 | +0.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PG | AWK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.48 | -0.48 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | -0.13 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.29 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.56 | -0.10 |
Drawdowns
PG vs. AWK - Drawdown Comparison
The maximum PG drawdown since its inception was -54.25%, which is greater than AWK's maximum drawdown of -37.10%. Use the drawdown chart below to compare losses from any high point for PG and AWK.
Loading charts...
Drawdown Indicators
| PG | AWK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.25% | -37.10% | -17.15% |
Max Drawdown (1Y)Largest decline over 1 year | -15.52% | -15.45% | -0.07% |
Max Drawdown (3Y)Largest decline over 3 years | -21.15% | -22.33% | +1.18% |
Max Drawdown (5Y)Largest decline over 5 years | -23.77% | -37.10% | +13.33% |
Max Drawdown (10Y)Largest decline over 10 years | -23.77% | -37.10% | +13.33% |
Current DrawdownCurrent decline from peak | -15.91% | -28.49% | +12.58% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -9.50% | -2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.93% | 8.23% | +0.70% |
Volatility
PG vs. AWK - Volatility Comparison
The Procter & Gamble Company (PG) has a higher volatility of 7.01% compared to American Water Works Company, Inc. (AWK) at 5.75%. This indicates that PG's price experiences larger fluctuations and is considered to be riskier than AWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PG | AWK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.01% | 5.75% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 15.32% | 15.38% | -0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.65% | 21.40% | -2.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.79% | 22.90% | -5.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.05% | 23.70% | -4.65% |
Dividends
PG vs. AWK - Dividend Comparison
PG's dividend yield for the trailing twelve months is around 2.94%, more than AWK's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWK American Water Works Company, Inc. | 2.76% | 2.49% | 2.41% | 2.10% | 1.68% | 1.25% | 1.40% | 1.59% | 1.96% | 1.77% | 2.02% | 2.23% |
PG The Procter & Gamble Company | 2.94% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
PG vs. AWK - Financials Comparison
This section allows you to compare key financial metrics between The Procter & Gamble Company and American Water Works Company, 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
PG vs. AWK - Profitability Comparison
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
AWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a gross profit of 714.00M and revenue of 1.21B. Therefore, the gross margin over that period was 59.2%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
AWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported an operating income of 391.00M and revenue of 1.21B, resulting in an operating margin of 32.4%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
AWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a net income of 196.00M and revenue of 1.21B, resulting in a net margin of 16.2%.
Frequently Asked Questions
PG and AWK have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PG has higher volatility (7.01%) compared to AWK (5.75%). In terms of maximum drawdown, PG dropped -54.25% vs AWK's -37.10%.
AWK currently has the higher Sharpe Ratio (-0.48 vs -0.48), 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.
Find the right allocation for PG and AWK
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer