WMS vs. AWK
WMS (Advanced Drainage Systems, Inc.) and AWK (American Water Works Company, Inc.) are both stocks. WMS operates in Building Products & Equipment (Industrials), while AWK operates in Utilities - Regulated Water (Utilities). Over the past 10 years, WMS returned 19.66%/yr vs 6.78%/yr for AWK. At a 0.16 correlation, their price movements are largely independent.
Performance
WMS vs. AWK - Performance Comparison
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Returns By Period
In the year-to-date period, WMS achieves a -2.98% return, which is significantly lower than AWK's -1.63% return. Over the past 10 years, WMS has outperformed AWK with an annualized return of 19.66%, while AWK has yielded a comparatively lower 6.78% annualized return.
WMS
- 1D
- -0.87%
- 1M
- 5.54%
- YTD
- -2.98%
- 6M
- -5.64%
- 1Y
- 20.48%
- 3Y*
- 8.49%
- 5Y*
- 5.65%
- 10Y*
- 19.66%
AWK
- 1D
- 1.34%
- 1M
- 1.12%
- YTD
- -1.63%
- 6M
- -1.82%
- 1Y
- -9.76%
- 3Y*
- -2.29%
- 5Y*
- -1.91%
- 10Y*
- 6.78%
WMS vs. AWK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMS Advanced Drainage Systems, Inc. | -2.98% | 25.97% | -17.48% | 72.44% | -39.53% | 63.46% | 116.70% | 67.74% | 2.78% | 17.27% |
AWK American Water Works Company, Inc. | -1.63% | 7.40% | -3.53% | -11.68% | -17.89% | 24.83% | 26.88% | 37.79% | 1.32% | 29.01% |
Correlation
The correlation between WMS and AWK is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2014 | 0.16 |
The correlation between WMS and AWK shifts across timeframes, from -0.01 (1 year) to 0.18 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WMS:
$11.00B
AWK:
$24.69B
WMS:
$5.45
AWK:
$5.65
WMS:
25.74
AWK:
22.40
WMS:
3.44
AWK:
4.74
WMS:
$3.19B
AWK:
$5.21B
WMS:
$1.27B
AWK:
$2.27B
WMS:
$586.61M
AWK:
$2.48B
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Return for Risk
WMS vs. AWK — Risk / Return Rank
WMS
AWK
WMS vs. AWK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Drainage Systems, Inc. (WMS) and American Water Works Company, Inc. (AWK). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| WMS | AWK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.96 | ||
| Sortino ratioReturn per unit of downside risk | +1.63 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.94 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | -0.63 | +1.43 |
| Martin ratioReturn relative to average drawdown | 1.81 | -1.14 | +2.95 |
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Drawdowns
WMS vs. AWK - Drawdown Comparison
The maximum WMS drawdown since its inception was -53.58%, which is greater than AWK's maximum drawdown of -37.10%. Use the drawdown chart below to compare losses from any high point for WMS and AWK.
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Drawdown Indicators
| WMS | AWK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.58% | -37.10% | -16.48% |
Max Drawdown (1Y)Largest decline over 1 year | -25.98% | -15.45% | -10.53% |
Max Drawdown (3Y)Largest decline over 3 years | -45.75% | -22.24% | -23.51% |
Max Drawdown (5Y)Largest decline over 5 years | -50.12% | -37.10% | -13.02% |
Max Drawdown (10Y)Largest decline over 10 years | -53.58% | -37.10% | -16.48% |
Current DrawdownCurrent decline from peak | -20.93% | -26.09% | +5.16% |
Average DrawdownAverage peak-to-trough decline | -17.91% | -9.53% | -8.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.36% | 8.58% | +2.78% |
Volatility
WMS vs. AWK - Volatility Comparison
Advanced Drainage Systems, Inc. (WMS) has a higher volatility of 13.18% compared to American Water Works Company, Inc. (AWK) at 6.45%. This indicates that WMS's price experiences larger fluctuations and is considered to be riskier than AWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMS | AWK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.18% | 6.45% | +6.73% |
Volatility (6M)Calculated over the trailing 6-month period | 27.54% | 15.73% | +11.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.22% | 21.79% | +18.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.20% | 22.86% | +19.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 41.66% | 23.74% | +17.92% |
Dividends
WMS vs. AWK - Dividend Comparison
WMS's dividend yield for the trailing twelve months is around 0.53%, less than AWK's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AWK American Water Works Company, Inc. | 2.67% | 2.49% | 2.41% | 2.10% | 1.68% | 1.25% | 1.40% | 1.59% | 1.96% | 1.77% | 2.02% | 2.23% |
WMS Advanced Drainage Systems, Inc. | 0.53% | 0.48% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% |
Financials
WMS vs. AWK - Financials Comparison
This section allows you to compare key financial metrics between Advanced Drainage Systems, Inc. and American Water Works Company, 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
WMS vs. AWK - Profitability Comparison
WMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported a gross profit of 354.44M and revenue of 816.10M. Therefore, the gross margin over that period was 43.4%.
AWK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a gross profit of 714.00M and revenue of 1.21B. Therefore, the gross margin over that period was 59.2%.
WMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported an operating income of 53.25M and revenue of 816.10M, resulting in an operating margin of 6.5%.
AWK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported an operating income of 391.00M and revenue of 1.21B, resulting in an operating margin of 32.4%.
WMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported a net income of 32.90M and revenue of 816.10M, resulting in a net margin of 4.0%.
AWK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Water Works Company, Inc. reported a net income of 196.00M and revenue of 1.21B, resulting in a net margin of 16.2%.
Frequently Asked Questions
WMS and AWK have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMS has higher volatility (13.18%) compared to AWK (6.45%). In terms of maximum drawdown, WMS dropped -53.58% vs AWK's -37.10%.
WMS currently has the higher Sharpe Ratio (0.51 vs -0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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