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.
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.
Performance
WEC vs. SPY - Performance Comparison
Key characteristics
WEC:
1.90
SPY:
-0.09
WEC:
2.62
SPY:
-0.02
WEC:
1.33
SPY:
1.00
WEC:
1.40
SPY:
-0.09
WEC:
8.27
SPY:
-0.45
WEC:
4.02%
SPY:
3.31%
WEC:
17.46%
SPY:
15.87%
WEC:
-45.05%
SPY:
-55.19%
WEC:
-4.24%
SPY:
-17.32%
Returns By Period
In the year-to-date period, WEC achieves a 11.94% return, which is significantly higher than SPY's -13.53% return. Both investments have delivered pretty close results over the past 10 years, with WEC having a 11.33% annualized return and SPY not far behind at 11.25%.
WEC
11.94%
-0.11%
11.20%
33.57%
7.59%
11.33%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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
WEC vs. SPY — Risk-Adjusted Performance Rank
WEC
SPY
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 3.26%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEC WEC Energy Group, Inc. | 3.26% | 3.55% | 3.71% | 3.10% | 2.79% | 2.75% | 2.56% | 3.19% | 3.13% | 3.38% | 3.40% | 2.96% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
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
The current volatility for WEC Energy Group, Inc. (WEC) is 7.24%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that WEC experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.