WMT vs. XEL
WMT (Walmart Inc.) and XEL (Xcel Energy Inc.) are both stocks. WMT operates in Discount Stores (Consumer Defensive), while XEL operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, WMT returned 19.77%/yr vs 9.59%/yr for XEL. At a 0.29 correlation, their price movements are largely independent.
Performance
WMT vs. XEL - Performance Comparison
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Returns By Period
In the year-to-date period, WMT achieves a 9.07% return, which is significantly higher than XEL's 8.05% return. Over the past 10 years, WMT has outperformed XEL with an annualized return of 19.77%, while XEL has yielded a comparatively lower 9.59% annualized return.
WMT
- 1D
- 0.45%
- 1M
- -8.62%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
XEL
- 1D
- 1.21%
- 1M
- -1.01%
- YTD
- 8.05%
- 6M
- 7.01%
- 1Y
- 19.86%
- 3Y*
- 11.62%
- 5Y*
- 5.95%
- 10Y*
- 9.59%
WMT vs. XEL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
XEL Xcel Energy Inc. | 8.05% | 13.89% | 12.32% | -8.67% | 6.44% | 4.40% | 7.77% | 32.37% | 5.88% | 21.91% |
Correlation
The correlation between WMT and XEL is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 1985 | 0.29 |
Fundamentals
WMT:
$968.20B
XEL:
$49.59B
WMT:
$2.88
XEL:
$3.50
WMT:
42.04
XEL:
22.61
WMT:
2.75
XEL:
5.83
WMT:
1.34
XEL:
3.20
WMT:
10.26
XEL:
2.08
WMT:
$725.31B
XEL:
$14.78B
WMT:
$181.16B
XEL:
$1.88B
WMT:
$44.32B
XEL:
$6.26B
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Return for Risk
WMT vs. XEL — Risk / Return Rank
WMT
XEL
WMT vs. XEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Walmart Inc. (WMT) and Xcel Energy Inc. (XEL). 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.
| WMT | XEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.19 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.60 | +0.23 |
| Martin ratioReturn relative to average drawdown | 5.82 | 4.14 | +1.68 |
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Drawdowns
WMT vs. XEL - Drawdown Comparison
The maximum WMT drawdown since its inception was -77.14%, roughly equal to the maximum XEL drawdown of -80.64%. Use the drawdown chart below to compare losses from any high point for WMT and XEL.
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Drawdown Indicators
| WMT | XEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.14% | -80.64% | +3.50% |
Max Drawdown (1Y)Largest decline over 1 year | -15.75% | -11.50% | -4.25% |
Max Drawdown (3Y)Largest decline over 3 years | -21.93% | -24.42% | +2.49% |
Max Drawdown (5Y)Largest decline over 5 years | -25.74% | -34.41% | +8.67% |
Max Drawdown (10Y)Largest decline over 10 years | -25.74% | -34.41% | +8.67% |
Current DrawdownCurrent decline from peak | -9.81% | -4.89% | -4.92% |
Average DrawdownAverage peak-to-trough decline | -14.63% | -11.32% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.94% | 4.45% | +0.49% |
Volatility
WMT vs. XEL - Volatility Comparison
Walmart Inc. (WMT) has a higher volatility of 9.86% compared to Xcel Energy Inc. (XEL) at 6.90%. This indicates that WMT's price experiences larger fluctuations and is considered to be riskier than XEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WMT | XEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 6.90% | +2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 18.49% | 14.38% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.67% | 19.13% | +4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.68% | 20.80% | +0.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.73% | 21.69% | +0.04% |
Dividends
WMT vs. XEL - Dividend Comparison
WMT's dividend yield for the trailing twelve months is around 0.80%, less than XEL's 2.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
XEL Xcel Energy Inc. | 2.19% | 3.83% | 2.43% | 3.36% | 2.78% | 2.70% | 2.58% | 2.55% | 3.09% | 2.99% | 3.34% | 3.56% |
Financials
WMT vs. XEL - Financials Comparison
This section allows you to compare key financial metrics between Walmart Inc. and Xcel Energy 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
WMT vs. XEL - Profitability Comparison
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
XEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a gross profit of 0.00 and revenue of 4.02B. Therefore, the gross margin over that period was 0.0%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
XEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported an operating income of 754.00M and revenue of 4.02B, resulting in an operating margin of 18.8%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
XEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Xcel Energy Inc. reported a net income of 556.00M and revenue of 4.02B, resulting in a net margin of 13.8%.
Frequently Asked Questions
WMT and XEL have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (9.86%) compared to XEL (6.90%). In terms of maximum drawdown, WMT dropped -77.14% vs XEL's -80.64%.
WMT currently has the higher Sharpe Ratio (1.22 vs 0.96), 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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