WMS vs. WAT
Compare and contrast key facts about Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WMS or WAT.
Correlation
The correlation between WMS and WAT is 0.36, 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
WMS vs. WAT - Performance Comparison
Key characteristics
WMS:
-0.11
WAT:
0.99
WMS:
0.11
WAT:
1.86
WMS:
1.01
WAT:
1.22
WMS:
-0.11
WAT:
1.00
WMS:
-0.25
WAT:
3.66
WMS:
15.93%
WAT:
9.17%
WMS:
36.98%
WAT:
33.94%
WMS:
-53.58%
WAT:
-80.12%
WMS:
-29.77%
WAT:
-4.87%
Fundamentals
WMS:
$9.73B
WAT:
$24.07B
WMS:
$6.36
WAT:
$10.42
WMS:
19.73
WAT:
38.77
WMS:
1.05
WAT:
3.81
WMS:
$2.25B
WAT:
$2.09B
WMS:
$851.32M
WAT:
$1.20B
WMS:
$687.31M
WAT:
$691.56M
Returns By Period
The year-to-date returns for both investments are quite close, with WMS having a 8.56% return and WAT slightly higher at 8.90%. Over the past 10 years, WMS has outperformed WAT with an annualized return of 18.84%, while WAT has yielded a comparatively lower 13.49% annualized return.
WMS
8.56%
8.98%
-26.65%
-6.08%
24.90%
18.84%
WAT
8.90%
9.73%
31.50%
29.30%
10.65%
13.49%
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Risk-Adjusted Performance
WMS vs. WAT — Risk-Adjusted Performance Rank
WMS
WAT
WMS vs. WAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT). 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
WMS vs. WAT - Dividend Comparison
WMS's dividend yield for the trailing twelve months is around 0.49%, while WAT has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMS Advanced Drainage Systems, Inc. | 0.49% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% | 0.17% |
WAT Waters Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WMS vs. WAT - Drawdown Comparison
The maximum WMS drawdown since its inception was -53.58%, smaller than the maximum WAT drawdown of -80.12%. Use the drawdown chart below to compare losses from any high point for WMS and WAT. For additional features, visit the drawdowns tool.
Volatility
WMS vs. WAT - Volatility Comparison
Advanced Drainage Systems, Inc. (WMS) and Waters Corporation (WAT) have volatilities of 8.02% and 7.82%, 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
WMS vs. WAT - Financials Comparison
This section allows you to compare key financial metrics between Advanced Drainage Systems, Inc. and Waters Corporation. 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