WEC vs. SCHB
Compare and contrast key facts about WEC Energy Group, Inc. (WEC) and Schwab U.S. Broad Market ETF (SCHB).
SCHB is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Broad Stock Market Total Return Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEC or SCHB.
Key characteristics
WEC | SCHB | |
---|---|---|
YTD Return | -2.14% | 6.51% |
1Y Return | -12.33% | 25.04% |
3Y Return (Ann) | -1.82% | 6.62% |
5Y Return (Ann) | 4.12% | 12.72% |
10Y Return (Ann) | 8.88% | 12.02% |
Sharpe Ratio | -0.61 | 2.27 |
Daily Std Dev | 19.15% | 12.06% |
Max Drawdown | -45.05% | -35.27% |
Current Drawdown | -20.11% | -3.18% |
Correlation
The correlation between WEC and SCHB is 0.35, 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
WEC vs. SCHB - Performance Comparison
In the year-to-date period, WEC achieves a -2.14% return, which is significantly lower than SCHB's 6.51% return. Over the past 10 years, WEC has underperformed SCHB with an annualized return of 8.88%, while SCHB has yielded a comparatively higher 12.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WEC vs. SCHB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WEC Energy Group, Inc. (WEC) and Schwab U.S. Broad Market ETF (SCHB). 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
WEC vs. SCHB - Dividend Comparison
WEC's dividend yield for the trailing twelve months is around 3.90%, more than SCHB's 1.33% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
WEC Energy Group, Inc. | 3.90% | 3.71% | 3.10% | 2.79% | 2.75% | 2.56% | 3.19% | 3.13% | 3.38% | 3.40% | 2.96% | 3.50% |
Schwab U.S. Broad Market ETF | 1.33% | 1.40% | 1.61% | 1.21% | 1.63% | 1.80% | 2.13% | 1.65% | 2.31% | 2.00% | 1.72% | 1.63% |
Drawdowns
WEC vs. SCHB - Drawdown Comparison
The maximum WEC drawdown since its inception was -45.05%, which is greater than SCHB's maximum drawdown of -35.27%. Use the drawdown chart below to compare losses from any high point for WEC and SCHB. For additional features, visit the drawdowns tool.
Volatility
WEC vs. SCHB - Volatility Comparison
WEC Energy Group, Inc. (WEC) has a higher volatility of 5.36% compared to Schwab U.S. Broad Market ETF (SCHB) at 3.67%. This indicates that WEC's price experiences larger fluctuations and is considered to be riskier than SCHB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.