WES vs. ABBV
Compare and contrast key facts about Western Midstream Partners, LP (WES) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WES or ABBV.
Correlation
The correlation between WES and ABBV is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WES vs. ABBV - Performance Comparison
Key characteristics
WES:
0.51
ABBV:
0.98
WES:
0.85
ABBV:
1.35
WES:
1.10
ABBV:
1.21
WES:
0.83
ABBV:
1.28
WES:
2.23
ABBV:
3.19
WES:
6.23%
ABBV:
8.31%
WES:
27.30%
ABBV:
27.09%
WES:
-93.66%
ABBV:
-45.09%
WES:
-13.45%
ABBV:
-7.55%
Fundamentals
WES:
$13.85B
ABBV:
$342.01B
WES:
$4.02
ABBV:
$2.34
WES:
9.04
ABBV:
82.62
WES:
5.48
ABBV:
0.42
WES:
3.98
ABBV:
6.12
WES:
4.51
ABBV:
105.59
WES:
$2.72B
ABBV:
$57.37B
WES:
$1.78B
ABBV:
$44.44B
WES:
$1.72B
ABBV:
$16.33B
Returns By Period
In the year-to-date period, WES achieves a -3.41% return, which is significantly lower than ABBV's 13.78% return. Over the past 10 years, WES has underperformed ABBV with an annualized return of 1.79%, while ABBV has yielded a comparatively higher 16.81% annualized return.
WES
-3.41%
-9.63%
1.17%
9.29%
47.93%
1.79%
ABBV
13.78%
-0.66%
-0.67%
25.58%
24.46%
16.81%
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
WES vs. ABBV — Risk-Adjusted Performance Rank
WES
ABBV
WES vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Midstream Partners, LP (WES) and AbbVie Inc. (ABBV). 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
WES vs. ABBV - Dividend Comparison
WES's dividend yield for the trailing twelve months is around 7.23%, more than ABBV's 3.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WES Western Midstream Partners, LP | 7.23% | 8.33% | 8.52% | 6.80% | 5.69% | 11.25% | 12.45% | 8.28% | 5.44% | 4.04% | 3.86% | 1.73% |
ABBV AbbVie Inc. | 3.21% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
Drawdowns
WES vs. ABBV - Drawdown Comparison
The maximum WES drawdown since its inception was -93.66%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for WES and ABBV. For additional features, visit the drawdowns tool.
Volatility
WES vs. ABBV - Volatility Comparison
Western Midstream Partners, LP (WES) and AbbVie Inc. (ABBV) have volatilities of 14.01% and 13.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WES vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Western Midstream Partners, LP and AbbVie Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities