WTRG vs. WMS
WTRG (Essential Utilities, Inc.) and WMS (Advanced Drainage Systems, Inc.) are both stocks. WTRG operates in Utilities - Regulated Water (Utilities), while WMS operates in Building Products & Equipment (Industrials). Over the past 10 years, WTRG returned 3.79%/yr vs 20.11%/yr for WMS. At a 0.20 correlation, their price movements are largely independent.
Performance
WTRG vs. WMS - Performance Comparison
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Returns By Period
In the year-to-date period, WTRG achieves a -1.65% return, which is significantly higher than WMS's -6.10% return. Over the past 10 years, WTRG has underperformed WMS with an annualized return of 3.79%, while WMS has yielded a comparatively higher 20.11% annualized return.
WTRG
- 1D
- 2.18%
- 1M
- -1.71%
- YTD
- -1.65%
- 6M
- -2.89%
- 1Y
- -0.41%
- 3Y*
- 0.11%
- 5Y*
- -1.79%
- 10Y*
- 3.79%
WMS
- 1D
- 0.01%
- 1M
- -7.78%
- YTD
- -6.10%
- 6M
- -10.40%
- 1Y
- 27.15%
- 3Y*
- 9.65%
- 5Y*
- 4.83%
- 10Y*
- 20.11%
WTRG vs. WMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WTRG Essential Utilities, Inc. | -1.65% | 9.40% | 0.52% | -19.40% | -8.94% | 16.05% | 2.92% | 40.43% | -10.66% | 33.77% |
WMS Advanced Drainage Systems, Inc. | -6.10% | 25.97% | -17.48% | 72.44% | -39.53% | 63.46% | 116.70% | 67.74% | 2.78% | 17.27% |
Correlation
The correlation between WTRG and WMS 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2014 | 0.20 |
The correlation between WTRG and WMS shifts across timeframes, from 0.01 (1 year) to 0.21 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WTRG:
$10.51B
WMS:
$10.65B
WTRG:
$1.97
WMS:
$5.45
WTRG:
18.79
WMS:
24.91
WTRG:
2.64
WMS:
1.24
WTRG:
4.10
WMS:
3.33
WTRG:
$2.55B
WMS:
$3.19B
WTRG:
$862.18M
WMS:
$1.27B
WTRG:
$1.23B
WMS:
$586.61M
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Return for Risk
WTRG vs. WMS — Risk / Return Rank
WTRG
WMS
WTRG vs. WMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Essential Utilities, Inc. (WTRG) and Advanced Drainage Systems, Inc. (WMS). 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.
| WTRG | WMS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.02 | 0.70 | -0.72 |
Sortino ratioReturn per unit of downside risk | 0.12 | 1.37 | -1.24 |
Omega ratioGain probability vs. loss probability | 1.01 | 1.15 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.96 | -0.99 |
Martin ratioReturn relative to average drawdown | -0.06 | 2.38 | -2.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| WTRG | WMS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.02 | 0.70 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.08 | 0.12 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | 0.48 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.51 | -0.04 |
Drawdowns
WTRG vs. WMS - Drawdown Comparison
The maximum WTRG drawdown since its inception was -47.95%, smaller than the maximum WMS drawdown of -53.58%. Use the drawdown chart below to compare losses from any high point for WTRG and WMS.
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Drawdown Indicators
| WTRG | WMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.95% | -53.58% | +5.63% |
Max Drawdown (1Y)Largest decline over 1 year | -12.16% | -24.96% | +12.80% |
Max Drawdown (3Y)Largest decline over 3 years | -23.80% | -45.75% | +21.95% |
Max Drawdown (5Y)Largest decline over 5 years | -36.53% | -50.12% | +13.59% |
Max Drawdown (10Y)Largest decline over 10 years | -39.62% | -53.58% | +13.96% |
Current DrawdownCurrent decline from peak | -20.62% | -23.47% | +2.85% |
Average DrawdownAverage peak-to-trough decline | -12.14% | -17.89% | +5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.55% | 10.08% | -4.53% |
Volatility
WTRG vs. WMS - Volatility Comparison
The current volatility for Essential Utilities, Inc. (WTRG) is 5.08%, while Advanced Drainage Systems, Inc. (WMS) has a volatility of 11.23%. This indicates that WTRG experiences smaller price fluctuations and is considered to be less risky than WMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WTRG | WMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.08% | 11.23% | -6.15% |
Volatility (6M)Calculated over the trailing 6-month period | 15.26% | 25.43% | -10.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.94% | 39.03% | -18.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.38% | 42.00% | -19.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.86% | 41.62% | -16.76% |
Dividends
WTRG vs. WMS - Dividend Comparison
WTRG's dividend yield for the trailing twelve months is around 3.70%, more than WMS's 0.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WMS Advanced Drainage Systems, Inc. | 0.55% | 0.48% | 0.54% | 0.38% | 0.57% | 0.31% | 0.43% | 3.48% | 1.28% | 1.13% | 1.12% | 0.79% |
WTRG Essential Utilities, Inc. | 3.70% | 3.48% | 3.48% | 3.18% | 2.33% | 1.93% | 2.05% | 1.93% | 2.48% | 2.02% | 2.46% | 2.30% |
Financials
WTRG vs. WMS - Financials Comparison
This section allows you to compare key financial metrics between Essential Utilities, Inc. and Advanced Drainage Systems, 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
WTRG vs. WMS - Profitability Comparison
WTRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a gross profit of 0.00 and revenue of 861.76M. Therefore, the gross margin over that period was 0.0%.
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%.
WTRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported an operating income of 310.64M and revenue of 861.76M, resulting in an operating margin of 36.1%.
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%.
WTRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Essential Utilities, Inc. reported a net income of 224.39M and revenue of 861.76M, resulting in a net margin of 26.0%.
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%.
Frequently Asked Questions
WTRG and WMS 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 (11.23%) compared to WTRG (5.08%). In terms of maximum drawdown, WTRG dropped -47.95% vs WMS's -53.58%.
WMS currently has the higher Sharpe Ratio (0.70 vs -0.02), 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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