PSA vs. ED
PSA (Public Storage) and ED (Consolidated Edison, Inc.) are both stocks. PSA operates in REIT - Industrial (Real Estate), while ED operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, PSA returned 7.31%/yr vs 7.01%/yr for ED. At a 0.24 correlation, their price movements are largely independent.
Performance
PSA vs. ED - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PSA achieves a 26.88% return, which is significantly higher than ED's 10.24% return. Both investments have delivered pretty close results over the past 10 years, with PSA having a 7.31% annualized return and ED not far behind at 7.01%.
PSA
- 1D
- 0.38%
- 1M
- 11.44%
- YTD
- 26.88%
- 6M
- 21.06%
- 1Y
- 14.03%
- 3Y*
- 8.56%
- 5Y*
- 6.47%
- 10Y*
- 7.31%
ED
- 1D
- 0.84%
- 1M
- 2.26%
- YTD
- 10.24%
- 6M
- 12.27%
- 1Y
- 7.08%
- 3Y*
- 9.08%
- 5Y*
- 10.68%
- 10Y*
- 7.01%
PSA vs. ED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSA Public Storage | 26.88% | -9.69% | 2.09% | 13.60% | -20.20% | 66.63% | 12.69% | 8.96% | 0.62% | -2.89% |
ED Consolidated Edison, Inc. | 10.24% | 15.15% | 1.55% | -1.12% | 15.65% | 22.96% | -16.99% | 22.54% | -6.62% | 19.30% |
Correlation
The correlation between PSA and ED is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 1980 | 0.24 |
The correlation between PSA and ED shifts across timeframes, from 0.24 (all time) to 0.42 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PSA:
$57.34B
ED:
$39.26B
PSA:
$10.84
ED:
$5.94
PSA:
30.08
ED:
18.13
PSA:
1.81
ED:
1.29
PSA:
11.80
ED:
2.27
PSA:
6.22
ED:
1.67
PSA:
$4.86B
ED:
$17.22B
PSA:
$2.95B
ED:
$11.62B
PSA:
$3.38B
ED:
$8.47B
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
PSA vs. ED — Risk / Return Rank
PSA
ED
PSA vs. ED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Public Storage (PSA) 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.
| PSA | ED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.08 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.83 | 0.76 | +0.07 |
| Martin ratioReturn relative to average drawdown | 1.82 | 1.59 | +0.23 |
Loading charts...
Drawdowns
PSA vs. ED - Drawdown Comparison
The maximum PSA drawdown since its inception was -60.19%, smaller than the maximum ED drawdown of -78.90%. Use the drawdown chart below to compare losses from any high point for PSA and ED.
Loading charts...
Drawdown Indicators
| PSA | ED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.19% | -78.90% | +18.71% |
Max Drawdown (1Y)Largest decline over 1 year | -16.20% | -9.63% | -6.57% |
Max Drawdown (3Y)Largest decline over 3 years | -25.62% | -17.36% | -8.26% |
Max Drawdown (5Y)Largest decline over 5 years | -37.93% | -22.03% | -15.90% |
Max Drawdown (10Y)Largest decline over 10 years | -37.93% | -30.91% | -7.02% |
Current DrawdownCurrent decline from peak | -5.92% | -5.91% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -15.77% | -13.24% | -2.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.37% | 4.59% | +2.78% |
Volatility
PSA vs. ED - Volatility Comparison
Public Storage (PSA) has a higher volatility of 7.03% compared to Consolidated Edison, Inc. (ED) at 5.98%. This indicates that PSA's price experiences larger fluctuations and is considered to be riskier than ED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PSA | ED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 5.98% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 17.72% | 12.27% | +5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.80% | 16.65% | +6.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.87% | 18.79% | +5.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.46% | 21.01% | +2.45% |
Dividends
PSA vs. ED - Dividend Comparison
PSA's dividend yield for the trailing twelve months is around 2.76%, less than ED's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ED Consolidated Edison, Inc. | 3.23% | 3.42% | 3.72% | 3.56% | 3.32% | 3.63% | 4.23% | 3.27% | 3.74% | 3.25% | 3.64% | 4.05% |
PSA Public Storage | 2.76% | 4.62% | 4.01% | 3.93% | 7.55% | 2.14% | 3.46% | 3.76% | 3.95% | 3.83% | 3.27% | 2.62% |
Financials
PSA vs. ED - Financials Comparison
This section allows you to compare key financial metrics between Public Storage 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
PSA vs. ED - Profitability Comparison
PSA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Public Storage reported a gross profit of 877.80M and revenue of 1.22B. Therefore, the gross margin over that period was 72.1%.
ED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
PSA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Public Storage reported an operating income of 474.28M and revenue of 1.22B, resulting in an operating margin of 39.0%.
ED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Consolidated Edison, Inc. reported an operating income of 1.18B and revenue of 5.10B, resulting in an operating margin of 23.1%.
PSA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Public Storage reported a net income of 529.38M and revenue of 1.22B, resulting in a net margin of 43.5%.
ED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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
PSA and ED have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSA has higher volatility (7.03%) compared to ED (5.98%). In terms of maximum drawdown, PSA dropped -60.19% vs ED's -78.90%.
PSA currently has the higher Sharpe Ratio (0.59 vs 0.44), 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 PSA and ED
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