WEC vs. SPY
Compare and contrast key facts about WEC Energy Group, Inc. (WEC) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEC or SPY.
Performance
WEC vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, WEC achieves a 22.57% return, which is significantly lower than SPY's 25.41% return. Over the past 10 years, WEC has underperformed SPY with an annualized return of 10.97%, while SPY has yielded a comparatively higher 13.07% annualized return.
WEC
22.57%
0.70%
22.79%
27.49%
5.67%
10.97%
SPY
25.41%
1.18%
12.15%
32.04%
15.51%
13.07%
Key characteristics
| WEC | SPY | |
|---|---|---|
| Sharpe Ratio | 1.50 | 2.62 |
| Sortino Ratio | 2.14 | 3.50 |
| Omega Ratio | 1.27 | 1.49 |
| Calmar Ratio | 1.07 | 3.78 |
| Martin Ratio | 5.11 | 17.00 |
| Ulcer Index | 5.26% | 1.87% |
| Daily Std Dev | 17.91% | 12.14% |
| Max Drawdown | -45.05% | -55.19% |
| Current Drawdown | -0.01% | -1.38% |
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Correlation
The correlation between WEC and SPY 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.
Risk-Adjusted Performance
WEC vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WEC Energy Group, Inc. (WEC) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
WEC's dividend yield for the trailing twelve months is around 3.36%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEC WEC Energy Group, Inc. | 3.36% | 3.71% | 3.10% | 2.79% | 2.75% | 2.56% | 3.19% | 3.13% | 3.38% | 3.40% | 2.96% | 3.50% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
WEC vs. SPY - Drawdown Comparison
The maximum WEC drawdown since its inception was -45.05%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WEC and SPY. For additional features, visit the drawdowns tool.
Volatility
WEC vs. SPY - Volatility Comparison
WEC Energy Group, Inc. (WEC) has a higher volatility of 5.00% compared to SPDR S&P 500 ETF (SPY) at 4.09%. This indicates that WEC's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.