WTRG vs. SPY
Compare and contrast key facts about Essential Utilities, Inc. (WTRG) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WTRG or SPY.
Correlation
The correlation between WTRG and SPY 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
WTRG vs. SPY - Performance Comparison
Key characteristics
WTRG:
0.62
SPY:
-0.09
WTRG:
1.01
SPY:
-0.02
WTRG:
1.13
SPY:
1.00
WTRG:
0.41
SPY:
-0.09
WTRG:
1.96
SPY:
-0.45
WTRG:
6.91%
SPY:
3.31%
WTRG:
22.04%
SPY:
15.87%
WTRG:
-47.95%
SPY:
-55.19%
WTRG:
-18.89%
SPY:
-17.32%
Returns By Period
In the year-to-date period, WTRG achieves a 9.94% return, which is significantly higher than SPY's -13.53% return. Over the past 10 years, WTRG has underperformed SPY with an annualized return of 6.65%, while SPY has yielded a comparatively higher 11.25% annualized return.
WTRG
9.94%
2.78%
5.25%
12.11%
3.30%
6.65%
SPY
-13.53%
-13.08%
-11.25%
-0.26%
17.01%
11.25%
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Risk-Adjusted Performance
WTRG vs. SPY — Risk-Adjusted Performance Rank
WTRG
SPY
WTRG vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Essential Utilities, Inc. (WTRG) and SPDR S&P 500 ETF (SPY). 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
WTRG vs. SPY - Dividend Comparison
WTRG's dividend yield for the trailing twelve months is around 3.24%, more than SPY's 1.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WTRG Essential Utilities, Inc. | 3.24% | 3.48% | 3.18% | 2.33% | 1.93% | 2.05% | 1.93% | 2.48% | 2.02% | 2.46% | 2.30% | 2.37% |
SPY SPDR S&P 500 ETF | 1.42% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
WTRG vs. SPY - Drawdown Comparison
The maximum WTRG drawdown since its inception was -47.95%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for WTRG and SPY. For additional features, visit the drawdowns tool.
Volatility
WTRG vs. SPY - Volatility Comparison
The current volatility for Essential Utilities, Inc. (WTRG) is 7.97%, while SPDR S&P 500 ETF (SPY) has a volatility of 9.29%. This indicates that WTRG experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.