Correlation
The correlation between ^SIXU and AWR is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
^SIXU vs. AWR
Compare and contrast key facts about Utilities Select Sector Index (^SIXU) and American States Water Company (AWR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^SIXU or AWR.
Performance
^SIXU vs. AWR - Performance Comparison
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Key characteristics
^SIXU:
0.87
AWR:
0.57
^SIXU:
1.13
AWR:
0.93
^SIXU:
1.15
AWR:
1.11
^SIXU:
1.04
AWR:
0.42
^SIXU:
3.03
AWR:
1.54
^SIXU:
4.42%
AWR:
7.91%
^SIXU:
17.41%
AWR:
21.82%
^SIXU:
-36.56%
AWR:
-37.39%
^SIXU:
-2.16%
AWR:
-18.13%
Returns By Period
In the year-to-date period, ^SIXU achieves a 6.52% return, which is significantly higher than AWR's 2.72% return. Over the past 10 years, ^SIXU has underperformed AWR with an annualized return of 6.20%, while AWR has yielded a comparatively higher 9.48% annualized return.
^SIXU
6.52%
2.26%
-2.07%
13.45%
2.48%
6.30%
6.20%
AWR
2.72%
-2.19%
-6.42%
12.40%
1.93%
1.15%
9.48%
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Risk-Adjusted Performance
^SIXU vs. AWR — Risk-Adjusted Performance Rank
^SIXU
AWR
^SIXU vs. AWR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Utilities Select Sector Index (^SIXU) and American States Water Company (AWR). 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.
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Drawdowns
^SIXU vs. AWR - Drawdown Comparison
The maximum ^SIXU drawdown since its inception was -36.56%, roughly equal to the maximum AWR drawdown of -37.39%. Use the drawdown chart below to compare losses from any high point for ^SIXU and AWR.
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Volatility
^SIXU vs. AWR - Volatility Comparison
The current volatility for Utilities Select Sector Index (^SIXU) is 4.65%, while American States Water Company (AWR) has a volatility of 6.75%. This indicates that ^SIXU experiences smaller price fluctuations and is considered to be less risky than AWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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