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:
1.19
SPY:
2.21
WEC:
1.73
SPY:
2.93
WEC:
1.21
SPY:
1.41
WEC:
0.80
SPY:
3.26
WEC:
3.87
SPY:
14.43
WEC:
5.19%
SPY:
1.90%
WEC:
16.88%
SPY:
12.41%
WEC:
-45.05%
SPY:
-55.19%
WEC:
-7.19%
SPY:
-2.74%
Returns By Period
In the year-to-date period, WEC achieves a 16.68% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, WEC has underperformed SPY with an annualized return of 9.37%, while SPY has yielded a comparatively higher 12.97% annualized return.
WEC
16.68%
-6.40%
22.99%
18.41%
3.94%
9.37%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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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 3.53%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WEC WEC Energy Group, Inc. | 3.53% | 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 | 0.86% | 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 4.18% compared to SPDR S&P 500 ETF (SPY) at 3.72%. 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.