UGI vs. WTRG

Last updated Jun 3, 2026

UGI (UGI Corporation) and WTRG (Essential Utilities, Inc.) are both stocks. Both are in the Utilities sector — UGI in Utilities - Regulated Gas, WTRG in Utilities - Regulated Water. Over the past 10 years, UGI returned 1.12%/yr vs 3.79%/yr for WTRG. At a 0.35 correlation, their price movements are largely independent.

Performance

UGI vs. WTRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in UGI Corporation (UGI) and Essential Utilities, Inc. (WTRG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, UGI achieves a -7.67% return, which is significantly lower than WTRG's -1.65% return. Over the past 10 years, UGI has underperformed WTRG with an annualized return of 1.12%, while WTRG has yielded a comparatively higher 3.79% annualized return.

UGI

• 1D: 1.94%
• 1M: -3.36%
• YTD: -7.67%
• 6M: -8.47%
• 1Y: -2.30%
• 3Y*: 12.64%
• 5Y*: -1.61%
• 10Y*: 1.12%

WTRG

• 1D: 2.18%
• 1M: -1.71%
• YTD: -1.65%
• 6M: -2.89%
• 1Y: -0.41%
• 3Y*: 0.11%
• 5Y*: -1.79%
• 10Y*: 3.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

UGI vs. WTRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UGI UGI Corporation	-7.67%	38.35%	21.93%	-29.83%	-16.13%	35.43%	-19.36%	-13.24%	15.95%	3.99%
WTRG Essential Utilities, Inc.	-1.65%	9.40%	0.52%	-19.40%	-8.94%	16.05%	2.92%	40.43%	-10.66%	33.77%

Correlation

The correlation between UGI and WTRG is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.51
Correlation (All Time) Calculated using the full available price history since Jan 6, 1988	0.35

The correlation between UGI and WTRG shifts across timeframes, from 0.33 (1 year) to 0.51 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap UGI : $7.62B WTRG : $10.51B
EPS UGI : $2.91 WTRG : $1.97
PE Ratio UGI : 11.75 WTRG : 18.79
PEG Ratio UGI : 0.21 WTRG : 2.64
PS Ratio UGI : 1.02 WTRG : 4.10
PB Ratio UGI : 1.41 WTRG : 1.52
Total Revenue (TTM) UGI : $7.36B WTRG : $2.55B
Gross Profit (TTM) UGI : $2.23B WTRG : $862.18M
EBITDA (TTM) UGI : $1.19B WTRG : $1.23B

Return for Risk

UGI vs. WTRG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UGI

UGI Risk / Return Rank: 34
UGI Sharpe Ratio Rank: 36
UGI Sortino Ratio Rank: 30
UGI Omega Ratio Rank: 30
UGI Calmar Ratio Rank: 38
UGI Martin Ratio Rank: 37

WTRG

WTRG Risk / Return Rank: 36
WTRG Sharpe Ratio Rank: 39
WTRG Sortino Ratio Rank: 33
WTRG Omega Ratio Rank: 32
WTRG Calmar Ratio Rank: 38
WTRG Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

UGI vs. WTRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for UGI Corporation (UGI) and Essential Utilities, Inc. (WTRG). 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.

	UGI	WTRG	Difference
Sharpe ratio Return per unit of total volatility	-0.10	-0.02	-0.08
Sortino ratio Return per unit of downside risk	0.01	0.12	-0.11
Omega ratio Gain probability vs. loss probability	1.00	1.01	-0.01
Calmar ratio Return relative to maximum drawdown	-0.06	-0.03	-0.03
Martin ratio Return relative to average drawdown	-0.15	-0.06	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UGI vs. WTRG - Sharpe Ratio Comparison

The current UGI Sharpe Ratio is -0.10, which is lower than the WTRG Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of UGI and WTRG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UGI	WTRG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.10	-0.02	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.06	-0.08	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.04	0.15	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.46	-0.05

Drawdowns

UGI vs. WTRG - Drawdown Comparison

The maximum UGI drawdown since its inception was -59.54%, which is greater than WTRG's maximum drawdown of -47.95%. Use the drawdown chart below to compare losses from any high point for UGI and WTRG.

Drawdown Indicators

	UGI	WTRG	Difference
Max Drawdown Largest peak-to-trough decline	-59.54%	-47.95%	-11.59%
Max Drawdown (1Y) Largest decline over 1 year	-19.64%	-12.16%	-7.48%
Max Drawdown (3Y) Largest decline over 3 years	-29.65%	-23.80%	-5.85%
Max Drawdown (5Y) Largest decline over 5 years	-53.78%	-36.53%	-17.25%
Max Drawdown (10Y) Largest decline over 10 years	-59.54%	-39.62%	-19.92%
Current Drawdown Current decline from peak	-21.05%	-20.62%	-0.43%
Average Drawdown Average peak-to-trough decline	-12.75%	-12.14%	-0.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.78%	5.55%	+2.23%

Volatility

UGI vs. WTRG - Volatility Comparison

UGI Corporation (UGI) has a higher volatility of 10.90% compared to Essential Utilities, Inc. (WTRG) at 5.08%. This indicates that UGI's price experiences larger fluctuations and is considered to be riskier than WTRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UGI	WTRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.90%	5.08%	+5.82%
Volatility (6M) Calculated over the trailing 6-month period	17.81%	15.26%	+2.55%
Volatility (1Y) Calculated over the trailing 1-year period	22.57%	20.94%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.12%	22.38%	+5.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.49%	24.86%	+3.63%

Dividends

UGI vs. WTRG - Dividend Comparison

UGI's dividend yield for the trailing twelve months is around 4.38%, more than WTRG's 3.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UGI UGI Corporation	4.38%	4.01%	5.31%	6.04%	3.84%	2.97%	3.76%	2.68%	1.93%	2.10%	2.04%	2.67%
WTRG Essential Utilities, Inc.	3.70%	3.48%	3.48%	3.18%	2.33%	1.93%	2.05%	1.93%	2.48%	2.02%	2.46%	2.30%

Financials

UGI vs. WTRG - Profitability Comparison

The chart below illustrates the profitability comparison between UGI Corporation and Essential Utilities, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

UGI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, UGI Corporation reported a gross profit of 0.00 and revenue of 2.69B. Therefore, the gross margin over that period was 0.0%.

WTRG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a gross profit of 0.00 and revenue of 861.76M. Therefore, the gross margin over that period was 0.0%.

UGI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, UGI Corporation reported an operating income of 758.00M and revenue of 2.69B, resulting in an operating margin of 28.2%.

WTRG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported an operating income of 310.64M and revenue of 861.76M, resulting in an operating margin of 36.1%.

UGI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, UGI Corporation reported a net income of 520.00M and revenue of 2.69B, resulting in a net margin of 19.4%.

WTRG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a net income of 224.39M and revenue of 861.76M, resulting in a net margin of 26.0%.

Frequently Asked Questions

Can I hold both UGI and WTRG in my portfolio?

UGI and WTRG have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UGI or WTRG?

UGI has higher volatility (10.90%) compared to WTRG (5.08%). In terms of maximum drawdown, UGI dropped -59.54% vs WTRG's -47.95%.

Which has better risk-adjusted returns?

WTRG currently has the higher Sharpe Ratio (-0.02 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.