WAB vs. ERIE
Compare and contrast key facts about Westinghouse Air Brake Technologies Corporation (WAB) and Erie Indemnity Company (ERIE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAB or ERIE.
Correlation
The correlation between WAB and ERIE is 0.37, 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
WAB vs. ERIE - Performance Comparison
Key characteristics
WAB:
0.83
ERIE:
-0.15
WAB:
1.29
ERIE:
0.01
WAB:
1.19
ERIE:
1.00
WAB:
1.04
ERIE:
-0.15
WAB:
3.24
ERIE:
-0.28
WAB:
7.56%
ERIE:
17.61%
WAB:
27.77%
ERIE:
32.71%
WAB:
-71.84%
ERIE:
-50.74%
WAB:
-12.19%
ERIE:
-32.97%
Fundamentals
WAB:
$31.72B
ERIE:
$18.92B
WAB:
$6.39
ERIE:
$11.49
WAB:
28.80
ERIE:
31.49
WAB:
3.92
ERIE:
3.05
WAB:
3.02
ERIE:
4.85
WAB:
3.04
ERIE:
9.15
WAB:
$10.50B
ERIE:
$3.32B
WAB:
$3.31B
ERIE:
$1.70B
WAB:
$1.91B
ERIE:
$524.63M
Returns By Period
In the year-to-date period, WAB achieves a -2.81% return, which is significantly higher than ERIE's -11.62% return. Over the past 10 years, WAB has underperformed ERIE with an annualized return of 7.35%, while ERIE has yielded a comparatively higher 18.55% annualized return.
WAB
-2.81%
-1.55%
-2.28%
12.50%
28.47%
7.35%
ERIE
-11.62%
-13.45%
-17.95%
-4.01%
17.34%
18.55%
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Risk-Adjusted Performance
WAB vs. ERIE — Risk-Adjusted Performance Rank
WAB
ERIE
WAB vs. ERIE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westinghouse Air Brake Technologies Corporation (WAB) and Erie Indemnity Company (ERIE). 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
WAB vs. ERIE - Dividend Comparison
WAB's dividend yield for the trailing twelve months is around 0.46%, less than ERIE's 1.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAB Westinghouse Air Brake Technologies Corporation | 0.46% | 0.42% | 0.54% | 0.60% | 0.52% | 0.66% | 0.62% | 0.68% | 0.54% | 0.43% | 0.39% | 0.23% |
ERIE Erie Indemnity Company | 1.46% | 1.24% | 1.42% | 1.79% | 2.15% | 2.39% | 2.17% | 2.52% | 2.57% | 1.95% | 3.61% | 2.80% |
Drawdowns
WAB vs. ERIE - Drawdown Comparison
The maximum WAB drawdown since its inception was -71.84%, which is greater than ERIE's maximum drawdown of -50.74%. Use the drawdown chart below to compare losses from any high point for WAB and ERIE. For additional features, visit the drawdowns tool.
Volatility
WAB vs. ERIE - Volatility Comparison
Westinghouse Air Brake Technologies Corporation (WAB) and Erie Indemnity Company (ERIE) have volatilities of 17.06% and 17.04%, 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.
Financials
WAB vs. ERIE - Financials Comparison
This section allows you to compare key financial metrics between Westinghouse Air Brake Technologies Corporation and Erie Indemnity Company. 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