VEOEY vs. HTO
VEOEY (Veolia Environnement SA ADR) and HTO (H2O America) are both stocks. VEOEY operates in Waste Management (Industrials), while HTO operates in Utilities - Regulated Water (Utilities). Over the past 10 years, VEOEY returned 12.80%/yr vs 6.79%/yr for HTO. At a 0.27 correlation, their price movements are largely independent.
Performance
VEOEY vs. HTO - Performance Comparison
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Returns By Period
In the year-to-date period, VEOEY achieves a 23.95% return, which is significantly higher than HTO's 17.61% return. Over the past 10 years, VEOEY has outperformed HTO with an annualized return of 12.80%, while HTO has yielded a comparatively lower 6.79% annualized return.
VEOEY
- 1D
- 0.10%
- 1M
- 2.13%
- YTD
- 23.95%
- 6M
- 25.61%
- 1Y
- 27.17%
- 3Y*
- 15.13%
- 5Y*
- 12.14%
- 10Y*
- 12.80%
HTO
- 1D
- 0.02%
- 1M
- -2.46%
- YTD
- 17.61%
- 6M
- 15.70%
- 1Y
- 12.13%
- 3Y*
- -3.41%
- 5Y*
- 0.32%
- 10Y*
- 6.79%
VEOEY vs. HTO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VEOEY Veolia Environnement SA ADR | 23.95% | 29.09% | -7.09% | 27.73% | -26.84% | 60.92% | -6.25% | 37.22% | -16.48% | 66.19% |
HTO H2O America | 17.61% | 2.92% | -22.57% | -17.78% | 13.40% | 7.66% | -0.43% | 30.19% | -11.20% | 16.22% |
Correlation
The correlation between VEOEY and HTO is 0.10, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Dec 23, 2014 | 0.27 |
The correlation between VEOEY and HTO shifts across timeframes, from 0.10 (1 year) to 0.27 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
VEOEY:
$30.26B
HTO:
$2.19B
VEOEY:
€2.09
HTO:
$2.90
VEOEY:
8.62
HTO:
19.58
VEOEY:
0.67
HTO:
2.03
VEOEY:
0.22
HTO:
2.52
VEOEY:
3.77
HTO:
1.19
VEOEY:
€88.92B
HTO:
$816.28M
VEOEY:
€15.59B
HTO:
$335.79M
VEOEY:
€12.34B
HTO:
$273.35M
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Return for Risk
VEOEY vs. HTO — Risk / Return Rank
VEOEY
HTO
VEOEY vs. HTO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Veolia Environnement SA ADR (VEOEY) and H2O America (HTO). 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.
| VEOEY | HTO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.10 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 0.75 | +1.03 |
| Martin ratioReturn relative to average drawdown | 4.66 | 1.73 | +2.94 |
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Drawdowns
VEOEY vs. HTO - Drawdown Comparison
The maximum VEOEY drawdown since its inception was -48.54%, smaller than the maximum HTO drawdown of -54.53%. Use the drawdown chart below to compare losses from any high point for VEOEY and HTO.
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Drawdown Indicators
| VEOEY | HTO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.54% | -54.53% | +5.99% |
Max Drawdown (1Y)Largest decline over 1 year | -15.31% | -16.19% | +0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -21.05% | -35.14% | +14.09% |
Max Drawdown (5Y)Largest decline over 5 years | -48.54% | -42.85% | -5.69% |
Max Drawdown (10Y)Largest decline over 10 years | -48.54% | -42.85% | -5.69% |
Current DrawdownCurrent decline from peak | -1.29% | -25.11% | +23.82% |
Average DrawdownAverage peak-to-trough decline | -11.29% | -15.91% | +4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.84% | 7.04% | -1.20% |
Volatility
VEOEY vs. HTO - Volatility Comparison
Veolia Environnement SA ADR (VEOEY) and H2O America (HTO) have volatilities of 6.11% and 6.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VEOEY | HTO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.11% | 6.34% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 17.07% | 16.49% | +0.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.80% | 23.08% | -1.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.49% | 23.98% | +3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.46% | 29.55% | -2.09% |
Dividends
VEOEY vs. HTO - Dividend Comparison
VEOEY's dividend yield for the trailing twelve months is around 4.21%, more than HTO's 3.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTO H2O America | 3.03% | 3.43% | 3.25% | 2.33% | 1.77% | 1.86% | 1.85% | 1.69% | 2.01% | 1.63% | 1.45% | 2.63% |
VEOEY Veolia Environnement SA ADR | 4.21% | 4.43% | 4.72% | 3.90% | 4.10% | 5.11% | 2.23% | 4.50% | 5.06% | 7.54% | 4.95% | 3.35% |
Financials
VEOEY vs. HTO - Financials Comparison
This section allows you to compare key financial metrics between Veolia Environnement SA ADR and H2O America. 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
VEOEY vs. HTO - Profitability Comparison
VEOEY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veolia Environnement SA ADR reported a gross profit of 3.93B and revenue of 22.18B. Therefore, the gross margin over that period was 17.7%.
HTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, H2O America reported a gross profit of 0.00 and revenue of 183.29M. Therefore, the gross margin over that period was 0.0%.
VEOEY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veolia Environnement SA ADR reported an operating income of 1.75B and revenue of 22.18B, resulting in an operating margin of 7.9%.
HTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, H2O America reported an operating income of 37.43M and revenue of 183.29M, resulting in an operating margin of 20.4%.
VEOEY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veolia Environnement SA ADR reported a net income of 549.90M and revenue of 22.18B, resulting in a net margin of 2.5%.
HTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, H2O America reported a net income of 19.01M and revenue of 183.29M, resulting in a net margin of 10.4%.
Frequently Asked Questions
VEOEY and HTO have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HTO has higher volatility (6.34%) compared to VEOEY (6.11%). In terms of maximum drawdown, VEOEY dropped -48.54% vs HTO's -54.53%.
VEOEY currently has the higher Sharpe Ratio (1.25 vs 0.53), 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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