WES vs. ET
Compare and contrast key facts about Western Midstream Partners, LP (WES) and Energy Transfer LP (ET).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WES or ET.
Correlation
The correlation between WES and ET is 0.52, 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. ET - Performance Comparison
Key characteristics
WES:
2.26
ET:
3.12
WES:
3.17
ET:
4.33
WES:
1.39
ET:
1.54
WES:
2.89
ET:
2.76
WES:
11.24
ET:
24.66
WES:
5.16%
ET:
2.24%
WES:
25.69%
ET:
17.71%
WES:
-93.66%
ET:
-87.81%
WES:
-0.06%
ET:
0.00%
Fundamentals
WES:
$15.54B
ET:
$68.24B
WES:
$3.91
ET:
$1.36
WES:
10.44
ET:
14.65
WES:
5.48
ET:
0.68
WES:
$2.68B
ET:
$63.13B
WES:
$1.57B
ET:
$9.12B
WES:
$1.68B
ET:
$11.50B
Returns By Period
In the year-to-date period, WES achieves a 6.25% return, which is significantly higher than ET's 1.74% return. Over the past 10 years, WES has underperformed ET with an annualized return of 3.96%, while ET has yielded a comparatively higher 5.50% annualized return.
WES
6.25%
2.69%
2.26%
56.07%
25.15%
3.96%
ET
1.74%
4.67%
26.62%
54.21%
18.41%
5.50%
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Risk-Adjusted Performance
WES vs. ET — Risk-Adjusted Performance Rank
WES
ET
WES vs. ET - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Midstream Partners, LP (WES) and Energy Transfer LP (ET). 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. ET - Dividend Comparison
WES's dividend yield for the trailing twelve months is around 7.84%, more than ET's 6.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WES Western Midstream Partners, LP | 7.84% | 8.33% | 8.52% | 6.80% | 5.69% | 11.25% | 12.45% | 8.25% | 5.44% | 4.04% | 3.86% | 1.73% |
ET Energy Transfer LP | 6.40% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% | 2.61% |
Drawdowns
WES vs. ET - Drawdown Comparison
The maximum WES drawdown since its inception was -93.66%, which is greater than ET's maximum drawdown of -87.81%. Use the drawdown chart below to compare losses from any high point for WES and ET. For additional features, visit the drawdowns tool.
Volatility
WES vs. ET - Volatility Comparison
Western Midstream Partners, LP (WES) and Energy Transfer LP (ET) have volatilities of 6.69% and 6.84%, 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. ET - Financials Comparison
This section allows you to compare key financial metrics between Western Midstream Partners, LP and Energy Transfer LP. 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