WAT vs. WMS
Compare and contrast key facts about Waters Corporation (WAT) and Advanced Drainage Systems, Inc. (WMS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAT or WMS.
Correlation
The correlation between WAT and WMS is 0.36, 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
WAT vs. WMS - Performance Comparison
Key characteristics
WAT:
0.40
WMS:
-0.41
WAT:
0.93
WMS:
-0.36
WAT:
1.11
WMS:
0.95
WAT:
0.42
WMS:
-0.42
WAT:
1.49
WMS:
-1.13
WAT:
9.32%
WMS:
13.41%
WAT:
34.43%
WMS:
37.13%
WAT:
-80.12%
WMS:
-53.58%
WAT:
-13.31%
WMS:
-35.55%
Fundamentals
WAT:
$22.19B
WMS:
$9.44B
WAT:
$10.47
WMS:
$6.28
WAT:
35.69
WMS:
19.39
WAT:
3.51
WMS:
1.02
WAT:
$2.91B
WMS:
$2.91B
WAT:
$1.69B
WMS:
$1.11B
WAT:
$1.04B
WMS:
$881.15M
Returns By Period
In the year-to-date period, WAT achieves a 11.82% return, which is significantly higher than WMS's -17.80% return. Over the past 10 years, WAT has underperformed WMS with an annualized return of 12.42%, while WMS has yielded a comparatively higher 18.84% annualized return.
WAT
11.82%
-0.09%
26.83%
11.65%
9.61%
12.42%
WMS
-17.80%
-10.22%
-30.24%
-18.37%
24.67%
18.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
WAT vs. WMS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Waters Corporation (WAT) and Advanced Drainage Systems, Inc. (WMS). 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
WAT vs. WMS - Dividend Comparison
WAT has not paid dividends to shareholders, while WMS's dividend yield for the trailing twelve months is around 0.54%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WMS Advanced Drainage Systems, Inc. | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% |
Drawdowns
WAT vs. WMS - Drawdown Comparison
The maximum WAT drawdown since its inception was -80.12%, which is greater than WMS's maximum drawdown of -53.58%. Use the drawdown chart below to compare losses from any high point for WAT and WMS. For additional features, visit the drawdowns tool.
Volatility
WAT vs. WMS - Volatility Comparison
The current volatility for Waters Corporation (WAT) is 7.56%, while Advanced Drainage Systems, Inc. (WMS) has a volatility of 8.27%. This indicates that WAT experiences smaller price fluctuations and is considered to be less risky than WMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WAT vs. WMS - Financials Comparison
This section allows you to compare key financial metrics between Waters Corporation and Advanced Drainage Systems, Inc.. 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