PSN vs. BWX
Compare and contrast key facts about Parsons Corporation (PSN) and SPDR Bloomberg Barclays International Treasury Bond ETF (BWX).
BWX is a passively managed fund by State Street that tracks the performance of the Bloomberg Global Treasury x US Capped (Inception 8/31/2007). It was launched on Oct 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSN or BWX.
Correlation
The correlation between PSN and BWX is 0.05, 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
PSN vs. BWX - Performance Comparison
Key characteristics
PSN:
1.49
BWX:
-0.42
PSN:
2.52
BWX:
-0.54
PSN:
1.36
BWX:
0.94
PSN:
2.29
BWX:
-0.12
PSN:
5.81
BWX:
-0.82
PSN:
7.94%
BWX:
4.19%
PSN:
30.95%
BWX:
8.17%
PSN:
-43.79%
BWX:
-34.00%
PSN:
-15.96%
BWX:
-28.71%
Returns By Period
In the year-to-date period, PSN achieves a 3.23% return, which is significantly higher than BWX's -1.03% return.
PSN
3.23%
-0.47%
21.45%
44.16%
17.44%
N/A
BWX
-1.03%
-1.85%
-2.01%
-3.70%
-4.62%
-1.54%
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Risk-Adjusted Performance
PSN vs. BWX — Risk-Adjusted Performance Rank
PSN
BWX
PSN vs. BWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Parsons Corporation (PSN) and SPDR Bloomberg Barclays International Treasury Bond ETF (BWX). 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
PSN vs. BWX - Dividend Comparison
PSN has not paid dividends to shareholders, while BWX's dividend yield for the trailing twelve months is around 2.01%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSN Parsons Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BWX SPDR Bloomberg Barclays International Treasury Bond ETF | 2.01% | 1.99% | 1.62% | 1.23% | 1.00% | 0.95% | 1.16% | 1.17% | 0.46% | 0.00% | 0.00% | 1.77% |
Drawdowns
PSN vs. BWX - Drawdown Comparison
The maximum PSN drawdown since its inception was -43.79%, which is greater than BWX's maximum drawdown of -34.00%. Use the drawdown chart below to compare losses from any high point for PSN and BWX. For additional features, visit the drawdowns tool.
Volatility
PSN vs. BWX - Volatility Comparison
Parsons Corporation (PSN) has a higher volatility of 5.25% compared to SPDR Bloomberg Barclays International Treasury Bond ETF (BWX) at 2.30%. This indicates that PSN's price experiences larger fluctuations and is considered to be riskier than BWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.