WABC vs. NFG
WABC (Westamerica Bancorporation) and NFG (National Fuel Gas Company) are both stocks. WABC operates in Banks - Regional (Financial Services), while NFG operates in Oil & Gas Integrated (Energy). Over the past 10 years, WABC returned 4.39%/yr vs 6.82%/yr for NFG. At a 0.30 correlation, their price movements are largely independent.
Performance
WABC vs. NFG - Performance Comparison
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Returns By Period
In the year-to-date period, WABC achieves a 17.02% return, which is significantly higher than NFG's -2.71% return. Over the past 10 years, WABC has underperformed NFG with an annualized return of 4.39%, while NFG has yielded a comparatively higher 6.82% annualized return.
WABC
- 1D
- -1.49%
- 1M
- 1.35%
- YTD
- 17.02%
- 6M
- 14.75%
- 1Y
- 18.65%
- 3Y*
- 14.15%
- 5Y*
- 0.72%
- 10Y*
- 4.39%
NFG
- 1D
- 1.32%
- 1M
- -6.71%
- YTD
- -2.71%
- 6M
- -5.03%
- 1Y
- -5.14%
- 3Y*
- 17.64%
- 5Y*
- 11.07%
- 10Y*
- 6.82%
WABC vs. NFG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WABC Westamerica Bancorporation | 17.02% | -5.36% | -3.61% | -0.81% | 5.18% | 7.41% | -16.14% | 24.87% | -3.92% | -2.67% |
NFG National Fuel Gas Company | -2.71% | 35.31% | 25.38% | -17.71% | 1.87% | 60.66% | -7.58% | -5.94% | -3.74% | -0.20% |
Correlation
The correlation between WABC and NFG is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1992 | 0.30 |
The correlation between WABC and NFG shifts across timeframes, from 0.19 (1 year) to 0.37 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WABC:
$1.34B
NFG:
$7.27B
WABC:
$4.48
NFG:
$7.46
WABC:
12.27
NFG:
10.38
WABC:
1.04
NFG:
0.08
WABC:
5.16
NFG:
7.21
WABC:
1.51
NFG:
1.90
WABC:
$267.41M
NFG:
$988.24M
WABC:
$254.11M
NFG:
$576.67M
WABC:
$156.56M
NFG:
$1.41B
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Return for Risk
WABC vs. NFG — Risk / Return Rank
WABC
NFG
WABC vs. NFG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westamerica Bancorporation (WABC) and National Fuel Gas Company (NFG). 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.
| WABC | NFG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.68 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 0.97 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | -0.25 | +1.84 |
| Martin ratioReturn relative to average drawdown | 4.22 | -0.57 | +4.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WABC | NFG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | -0.26 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.50 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | 0.28 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.39 | -0.07 |
Drawdowns
WABC vs. NFG - Drawdown Comparison
The maximum WABC drawdown since its inception was -46.86%, smaller than the maximum NFG drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for WABC and NFG.
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Drawdown Indicators
| WABC | NFG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.86% | -55.49% | +8.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.82% | -20.36% | +8.54% |
Max Drawdown (3Y)Largest decline over 3 years | -24.68% | -20.36% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -40.77% | -35.74% | -5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -40.77% | -44.28% | +3.51% |
Current DrawdownCurrent decline from peak | -1.86% | -19.31% | +17.45% |
Average DrawdownAverage peak-to-trough decline | -11.48% | -14.30% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.43% | 9.10% | -4.67% |
Volatility
WABC vs. NFG - Volatility Comparison
The current volatility for Westamerica Bancorporation (WABC) is 3.89%, while National Fuel Gas Company (NFG) has a volatility of 5.86%. This indicates that WABC experiences smaller price fluctuations and is considered to be less risky than NFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WABC | NFG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.89% | 5.86% | -1.97% |
Volatility (6M)Calculated over the trailing 6-month period | 13.70% | 14.23% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.91% | 19.90% | +1.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.43% | 22.24% | +3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.04% | 24.04% | +3.00% |
Dividends
WABC vs. NFG - Dividend Comparison
WABC's dividend yield for the trailing twelve months is around 3.38%, more than NFG's 2.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NFG National Fuel Gas Company | 2.76% | 2.65% | 3.36% | 3.91% | 2.97% | 2.83% | 4.30% | 3.72% | 3.30% | 3.00% | 2.84% | 3.67% |
WABC Westamerica Bancorporation | 3.38% | 3.81% | 3.35% | 3.05% | 2.85% | 2.86% | 2.97% | 2.41% | 2.87% | 2.64% | 2.48% | 3.27% |
Financials
WABC vs. NFG - Financials Comparison
This section allows you to compare key financial metrics between Westamerica Bancorporation and National Fuel Gas 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
WABC vs. NFG - Profitability Comparison
WABC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Westamerica Bancorporation reported a gross profit of 62.38M and revenue of 65.38M. Therefore, the gross margin over that period was 95.4%.
NFG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a gross profit of -300.89M and revenue of -651.51M. Therefore, the gross margin over that period was 46.2%.
WABC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Westamerica Bancorporation reported an operating income of 36.47M and revenue of 65.38M, resulting in an operating margin of 55.8%.
NFG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported an operating income of 347.14M and revenue of -651.51M, resulting in an operating margin of -53.3%.
WABC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Westamerica Bancorporation reported a net income of 27.36M and revenue of 65.38M, resulting in a net margin of 41.8%.
NFG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, National Fuel Gas Company reported a net income of 247.67M and revenue of -651.51M, resulting in a net margin of -38.0%.
Frequently Asked Questions
WABC and NFG have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NFG has higher volatility (5.86%) compared to WABC (3.89%). In terms of maximum drawdown, WABC dropped -46.86% vs NFG's -55.49%.
WABC currently has the higher Sharpe Ratio (0.90 vs -0.26), 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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