WBA vs. WTRG

Last updated Aug 1, 2026

WBA (Walgreens Boots Alliance, Inc.) and WTRG (Essential Utilities, Inc.) are both stocks. WBA operates in Pharmaceutical Retailers (Healthcare), while WTRG operates in Utilities - Regulated Water (Utilities). Their 0.20 correlation means their historical movements had little consistent relationship.

Performance

WBA vs. WTRG - Performance Comparison

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

Returns By Period

WBA

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

WTRG

• 1D: -1.24%
• 1M: 1.19%
• 6M: 4.64%
• YTD: 5.81%
• 1Y: 8.19%
• 3Y*: 1.93%
• 5Y*: -1.15%
• 10Y*: 4.23%
• ALL TIME*: 11.87%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
WTRG Essential Utilities, Inc.	$80.25M	$77.00M	$74.72M

WBA vs. WTRG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WBA Walgreens Boots Alliance, Inc.	0.00%	28.40%	-61.34%	-25.09%	-25.06%	35.78%	-29.38%	-10.99%	-3.65%	-10.51%
WTRG Essential Utilities, Inc.	5.81%	9.40%	0.52%	-19.40%	-8.94%	16.05%	2.92%	40.43%	-10.66%	33.77%

Correlation

The correlation between WBA and WTRG is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.06
Correlation (3Y) Balances recent behavior with more history.	0.22
Correlation (5Y) Shows whether the relationship held over a longer period.	0.30
Correlation (10Y) Provides a long-term view across more market conditions.	0.25
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987	0.20

The correlation between WBA and WTRG shifts across timeframes, from 0.06 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) WBA : $154.58B WTRG : $2.55B
Gross Profit (TTM) WBA : $26.47B WTRG : $862.18M
EBITDA (TTM) WBA : -$2.92B WTRG : $1.23B

Return for Risk

WBA vs. WTRG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

WBA

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

WTRG

WTRG Risk / Return Rank: 62
WTRG Sharpe Ratio Rank: 64
WTRG Sortino Ratio Rank: 59
WTRG Omega Ratio Rank: 55
WTRG Calmar Ratio Rank: 67
WTRG Martin Ratio Rank: 65

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

WBA vs. WTRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Walgreens Boots Alliance, Inc. (WBA) 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.

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.

	WBA	WTRG	Difference
Sharpe ratio: Return per unit of total volatility	—	0.56	—
Sortino ratio: Return per unit of downside risk	—	0.98	—
Omega ratio: Gain probability vs. loss probability	—	1.11	—
Calmar ratio: Return relative to maximum drawdown	—	1.01	—
Martin ratio: Return relative to average drawdown	—	1.99	—

Drawdowns

Drawdown Indicators

	WBA	WTRG	Difference
Max Drawdown Largest peak-to-trough decline	—	-47.95%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-19.80%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-39.62%	—
Current Drawdown Current decline from peak	—	-14.60%	—
Average Drawdown Average peak-to-trough decline	—	-12.16%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.18%	—

Volatility

Volatility by Period

	WBA	WTRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.89%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.41%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.95%	—

Dividends

WBA vs. WTRG - Dividend Comparison

WBA has not paid dividends to shareholders, while WTRG's dividend yield for the trailing twelve months is around 3.44%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WBA Walgreens Boots Alliance, Inc.	0.00%	0.00%	10.72%	7.35%	5.13%	3.62%	4.64%	3.04%	2.46%	2.13%	1.78%	1.64%
WTRG Essential Utilities, Inc.	3.44%	3.48%	3.48%	3.18%	2.33%	1.93%	2.05%	1.93%	2.48%	2.02%	2.46%	2.30%

Financials

Frequently Asked Questions

Can I hold both WBA and WTRG in my portfolio?

WBA and WTRG have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.