Relative Intelligence · Electric Utilities
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How Public Service Enterprise Group (PEG) compares with the whole market and its popular alternatives
The short answer
- Returns
- +6.6% a year over the past 5 years, against +11.7% for the S&P 500. $10,000 grew to $25,700 over 10 years, against $42,000 in SPY. Details ↓
- Risk
- More volatile than the S&P 500: volatility 20.6% against 17.2%; worst decline in 10 years −40.8% against −33.7%. Details ↓
- Better options
- 8 of its 24 popular alternatives earned more with less volatility over the past 5 years, including ED, WEC and AEE. Details ↓
- Track record
- PEG beat the S&P 500 in 14 of 29 full calendar years, and fell less than it in 4 of 10 major crashes. Details ↓
Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on PEG alone. It places PEG (Public Service Enterprise Group Incorporated) against 20+ popular alternatives, its neighboring categories and the entire market of over 10,000 U.S.-listed stocks and ETFs, and surfaces what has done better on consistent outperformance, return for the risk taken, behavior in real market crashes and diversification. The result is a clearer view of where PEG stands in the market, and of the alternatives worth a closer look.
Period covered: PEG's full trading record, from October 1986 through October 2026. All returns include reinvested dividends. Data as of November 2, 2026.
Data as of November 2, 2026. Full tables and charts read best on a larger screen.
This page answers the following questions about PEG
Key findings
Not AI-generatedThese key findings are generated by our proprietary relative intelligence engine, directly from the data on this page.
- Right nowPEG has gone against the market, falling 5.9% over the past 6 months while the S&P 500 rose 5.3%. Not every peer went the same way. Over the past 6 months, DUK (Duke Energy) rose 2.5% and PCG (PG&E) fell 17.5%. Consistency ↓
- Stock or market?PEG fell 2.0% over the past 3 months, in line with the electric utilities ETF XLU (State Street Utilities Select Sector SPDR ETF), which fell 0.8%. The S&P 500 fell 0.5%. PEG rose 9.3% last month as the S&P 500 fell 2.3% and the Nasdaq 100 fell 9.1%.
- Past 1 to 3 yearsOver the past year, PEG fell 5.4% while the S&P 500 rose 11.3%. The same gap shows up over 3 years (29.4% against 81.0%). PEG led its electric utility peers in 2023, then fell behind SO (Southern) and DUK (Duke Energy) in 2025. By year ↓
- Long termPEG turned $10,000 into $25,700 over the past decade, against $42,000 in the S&P 500. Growth of $10,000 ↓
- In a crashPEG fell further than the S&P 500 in three of the last four sell-offs, including the Covid crash (38.0% against 33.7%). That said, in the late-2018 sell-off, PEG fell 10.8%, against 19.3% for the S&P 500. That was more than SO (Southern, 9.6%) but less than PCG (PG&E, 63.8%). Crash tests ↓
- DiversificationOver 10 years PEG kept more of the market's gains than of its losses: 52% of the S&P 500's gains in rising months and 41% of its losses in falling ones, with a beta of 0.52. PEG is some diversification, but not a hedge: a correlation of 0.40 with the S&P 500 over 5 years and 0.40 with the total US market, more closely than 54% of stocks worth at least $300 million. Market capture ↓
- Better options
- Popular alternatives
- ED (Consolidated Edison), WEC (WEC Energy Group) and AEE (Ameren) earned more than PEG with less volatility over the past 5 years. ED returned 13.0% a year at 18.9% volatility, against 6.6% a year at 20.6%.
- Nearby categories and themes
- ATO (Atmos Energy, gas utilities) and FTS (Fortis, electric utilities) earned more than PEG with less volatility over the past 5 years. ATO returned 16.1% a year at 18.4% volatility, against 6.6% a year at 20.6%.
- Whole market
- 396 of the 3,627 stocks and funds worth at least $500 million earned more than PEG with less volatility over the past 5 years, among them VTI (Vanguard Morningstar Total Stock Market ETF), VOO (Vanguard S&P 500 ETF) and BRK-A (Berkshire Hathaway).
How much would $10,000 in PEG have grown?
- $10,000 invested in PEG at the end of October 1997 would have grown to $192,462 by October 2026, more than the $135,020 it would have become in SPY, an S&P 500 fund.
- Five of the eight other investments on the chart ended ahead of PEG, and NEE finished highest, at $328,276.
This chart tracks a hypothetical $10,000 investment in PEG over the past 29 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of PEG over the same span and PEG's popular alternatives, among those that traded for the entire period. A second view covers the past 5 years, the period the better options further down the page are judged on. It shows not only where each investment ended up but also how smooth or uneven the path was.
Choose a period
From the end of October 1997 to the end of October 2026. The scale is logarithmic, so equal steps up the chart are equal percentage gains. Hover over a fund in the key to pick out its line. 334 of the 1,050 stocks and funds worth at least $500 million that traded the whole period ended ahead of PEG; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.
- NEE$328,276+3,183% total · +12.8% a year
- ETR$278,069+2,681% total · +12.1% a year
- WEC$248,556+2,386% total · +11.7% a year
- SO$247,250+2,373% total · +11.7% a year
- ATO$197,713+1,877% total · +10.8% a year
- PEG$192,462+1,825% total · +10.7% a year
- LNT$171,411+1,614% total · +10.3% a year
- SPY (S&P 500)$135,020+1,250% total · +9.4% a year
- AEE$109,227+992% total · +8.6% a year
- XEL$106,140+961% total · +8.5% a year
From the end of October 2021 to the end of October 2026. Hover over a fund in the key to pick out its line. 1,759 of the 3,626 stocks and funds worth at least $500 million that traded the whole period ended ahead of PEG; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.
- ETR$25,458+155% total · +20.5% a year
- AEP$18,399+84.0% total · +13.0% a year
- ED$18,388+83.9% total · +13.0% a year
- SO$18,049+80.5% total · +12.5% a year
- SPY (S&P 500)$17,593+75.9% total · +12.0% a year
- WEC$15,285+52.8% total · +8.9% a year
- AEE$15,194+51.9% total · +8.7% a year
- LNT$14,915+49.2% total · +8.3% a year
- XEL$14,508+45.1% total · +7.7% a year
- PEG$13,778+37.8% total · +6.6% a year
PEG at a glance
- PEG's deepest decline since it began trading in 1986 was 54.3%, from May 2001 to October 2002. It took 15 months from the low to climb back to its old high.
- Over 29 full calendar years, PEG's best was 2007, when it returned 52.1%, and its worst was 2008, when it lost 38.6%. It lost money in nine of those years.
- PEG is 16.1% below its all-time high.
This section summarizes the key facts about the stock, its returns over periods from one to ten years and the risk it has carried, with dividends reinvested throughout. These figures serve as the baseline for every comparison that follows.
The company
- Market value
- $37B
- Industry
- Regulated Electric
- Price history from
- October 1986
Returns
- Past 1 year
- −5.4%total return
- Past 3 years
- +29.4%+9.0% a year
- Past 5 years
- +37.6%+6.6% a year
- Past 10 years
- +157%+9.9% a year
- Best calendar year
- +52.1%2007
- Worst calendar year
- −38.6%2008
- Losing years
- 9 of 29full calendar years
Risk
- Volatility
- 20.6%typical yearly swing, 5 years
- Sharpe ratio
- 0.41return per unit of risk, 5 years
- Worst decline ever
- −54.3%May 2001 to Oct 2002
- From its all-time high
- −16.1%below the peak
PEG against the whole market
Where PEG ranks among every stock and fund, and what across the market has done better.
How does PEG rank among all stocks?
- PEG is among the steadier stocks: its price swings rank in the top 4% of the 2,886 stocks worth at least $300 million, where the top is the calmest.
This section ranks PEG on return, volatility, risk-adjusted return and worst decline against every stock worth at least $300 million with enough history. Where the comparisons with its popular alternatives show how PEG stacks up against its peers, these rankings show where it stands in the market as a whole.
Ranked against U.S.-listed stocks worth at least $300M that have enough history for each measure, so the count changes from row to row; smaller stocks are left out. Lower volatility and smaller declines rank higher.
| Measure | PEG | Rank | Standing |
|---|---|---|---|
| 1-year return | −5.4% | 2,284 of 3,272 | bottom 31% |
| 3-year return | +29.4% | 1,844 of 2,999 | bottom 40% |
| 5-year return | +37.6% | 1,256 of 2,886 | top 44% |
| 10-year return | +157% | 1,086 of 2,186 | top 50% |
| Volatility, 5 years | 20.6% | 105 of 2,886 | top 4% |
| Sharpe ratio, 5 years | 0.41 | 1,195 of 2,886 | top 41% |
| Worst decline, past 10 years | −40.8% | 169 of 2,183 | top 8% |
What has beaten PEG on both return and risk?
- 27 stocks and 369 ETFs worth at least $500 million sit in the green region: each earned more than PEG over the past 5 years with smaller price swings. That is 11% of the 3,627 screened.
- Among those with at least half PEG's swings, LVHI has the best return for its risk: 17.0% a year at 11.1% volatility, 46% less than PEG's 20.6%, and a Sharpe ratio (return above cash per unit of volatility) of 1.48 against 0.41 for PEG. DXJ earned the most, 26.2% a year, while still swinging less than PEG (19.1% against 20.6%).
- Among PEG's popular alternatives, ED, SO and EVRG are in the region. ED earned 13.0% a year against 6.6% a year for PEG, at 18.9% volatility, 8% less than PEG's 20.6%.
Each dot is an investment, placed by how much it earned a year over the past 5 years (higher is better) and how much its price swung, its volatility (further left is calmer). PEG sits where the dashed lines cross. Anything in the green box above and to the left earned more than PEG with smaller swings, a better trade-off over this period on both counts. Past results are no promise, but a name in the box is worth a closer look.
Annual return is the annualized total return with dividends reinvested, and volatility the annualized swing in daily prices, both over 5 years. Labeled dots are the strongest picks from the table below and the names called out above, colored by how close they sit to PEG; faint dots are 87 more of the 396 in the green region (the strongest, one per fund family). 3,627 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.
- Popular alternatives
- Same and neighboring categories, and shared themes
- The whole market
- Others in the green region
Is there a better investment than PEG?
- Among PEG's popular alternatives, ED, WEC and AEE earned more than PEG with less volatility over the past 5 years. ED returned 13.0% a year at 18.9% volatility, against 6.6% a year at 20.6%.
- Looking beyond its popular alternatives, ATO (gas utilities) and FTS (electric utilities) earned more than PEG with less volatility over the past 5 years. ATO returned 16.1% a year at 18.4% volatility, against 6.6% a year at 20.6%.
- Across the whole market, 396 of the 3,627 stocks and funds worth at least $500 million earned more than PEG with less volatility over the past 5 years, among them VTI, VOO and BRK-A.
Investments that beat PEG over the past 5 years on return, volatility, drawdowns, consistency, crash losses or fees, from its popular alternatives out to the whole market.
How this works
The table below lists investments that beat PEG over the past 5 years on at least one of these measures: a higher annual return with lower volatility, a higher annual return at similar volatility, a similar return with lower volatility, a higher Sharpe ratio with a smaller worst decline, a higher total return in most periods from 3 months to 10 years, or smaller losses in recent market crashes. It checks PEG's popular alternatives first, then the rest of its own and neighboring categories, then every stock and fund worth at least $500 million, and shows the strongest few in each group. The full list of those with a higher return and lower volatility than PEG follows the table.
Annual return is the annualized total return with dividends reinvested. Annual return, volatility and the Sharpe ratio cover 5 years; the worst decline covers the past 10 years. Green marks a better figure than PEG's. "On the frontier" means no other option shown or tested earned more with less volatility. Funds that hold the same thing are shown once. Beyond the popular alternatives, nothing with more than 1.5× PEG's volatility counts as better.
These figures cover the past 5 years. Green marks a better figure than PEG's.
| Investment | Why it is better | Past 5 years | Downside | Long run | Fit | ||||
|---|---|---|---|---|---|---|---|---|---|
| Annual return?higher is better | Volatility?lower is calmer | Sharpe?return per unit of risk | Worst decline?past 10 years | 10Y returntotal | Corr. with PEG?lower diversifies more | Expenseper year | |||
| PEGPublic Service Enterprise Group Incorporated · this page | +6.6% | 20.6% | 0.41 | −40.8% | +157% | 1.00 | — | ||
 SPYState Street SPDR S&P 500 ETF · S&P 500 | +11.7% | 17.2% | 0.73 | −33.7% | +320% | 0.40 | 0.09% | ||
| Popular alternativesbest 6 shownThe investments people most often weigh against PEG. 15 of 24 passed at least one test. | |||||||||
 AEPAmerican Electric Power Company, Inc. · Electric Utilities | Higher return, similar volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes | +12.8% | 20.2% | 0.70 | −32.9% | +193% | 0.72 | — | |
 EDConsolidated Edison, Inc. · Electric Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +13.0% | 18.9% | 0.74 | −30.9% | +125% | 0.63 | — | |
 WECWEC Energy Group, Inc. · Electric Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +8.8% | 19.1% | 0.54 | −32.3% | +179% | 0.70 | — | |
AEEAmeren Corporation · Electric Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +8.9% | 19.4% | 0.54 | −29.1% | +206% | 0.77 | — | |
 ETREntergy Corporation · Electric Utilities | Higher return, similar volatilityHigher return in most periods | +20.3% | 22.5% | 0.94 | −42.0% | +348% | 0.67 | — | |
 NEENextEra Energy, Inc. · Electric Utilities | Higher return in most periodsSmaller losses in recent crashes | +2.6% | 26.9% | 0.23 | −45.0% | +255% | 0.59 | — | |
| Same and neighboring categories, and shared themesbest 6 shownEverything else in Electric Utilities and the categories next to it (Independent Power Producers, Diversified Utilities, Engineering & Construction, Gas Utilities), plus PEG's specific themes. 22 of 78 passed at least one test. | |||||||||
ATOAtmos Energy Corporation · Gas Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +16.1% | 18.4% | 0.91 | −32.9% | +212% | 0.59 | — | |
FTSFortis Inc. · Electric Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +10.0% | 16.5% | 0.66 | −34.3% | +168% | 0.67 | — | |
IDAIDACORP, Inc. · Electric Utilities | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +10.0% | 19.3% | 0.59 | −34.3% | +157% | 0.65 | — | |
NINiSource Inc · Gas Utilities | Higher return, similar volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +16.3% | 20.3% | 0.85 | −30.9% | +179% | 0.75 | — | |
OGEOGE Energy Corp. · Electric Utilities | Higher return, lower volatilityHigher return in most periods | +12.4% | 18.8% | 0.72 | −48.9% | +156% | 0.72 | — | |
TXNMTXNM Energy, Inc. · Electric Utilities | Higher return, lower volatilityHigher return in most periods | +7.9% | 14.9% | 0.59 | −46.4% | +152% | 0.33 | — | |
| The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 954 of 3,532 passed at least one test. | |||||||||
 VTIVanguard Morningstar Total Stock Market ETF · US Total Market | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +10.7% | 17.5% | 0.67 | −35.0% | +304% | 0.40 | 0.03% | |
 VOOVanguard S&P 500 ETF · US Large-Cap Equity | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +11.8% | 16.9% | 0.75 | −34.0% | +323% | 0.40 | 0.03% | |
 BRK-ABerkshire Hathaway Inc. · Insurance | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +13.9% | 17.2% | 0.85 | −30.4% | +288% | 0.43 | — | |
 JNJJohnson & Johnson · Pharmaceuticals | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +13.4% | 18.0% | 0.80 | −27.4% | +209% | 0.27 | — | |
LVHIFranklin International Low Volatility High Dividend Index ETF · International Dividend Equity | On the frontierHigher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +17.0% | 11.1% | 1.48 | −32.4% | +204% | 0.47 | 0.40% | |
FXUFirst Trust Utilities AlphaDEX Fund · Utilities Equity | Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes | +12.1% | 16.7% | 0.78 | −34.8% | +154% | 0.79 | 0.61% | |
 NVSNovartis AG · Pharmaceuticals | Higher return, similar volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +18.5% | 20.7% | 0.93 | −26.8% | +265% | 0.38 | — | |
BUFDFT Vest Laddered Deep Buffer ETF · Buffered Equity | On the frontierSimilar return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods | +7.4% | 7.8% | 0.97 | −10.8% | — | 0.36 | 0.10% | |
What these numbers mean for PEG
- Annual return
- PEG returned 6.6% a year over the past 5 years with dividends reinvested, against 11.7% a year for the S&P 500. At that pace, $10,000 became about $13,800. Annual return is the steady yearly rate that would produce the same total result, so investments held over the same span compare fairly. Guide: What is performance and return? →
- Volatility
- PEG's volatility over the past 5 years was 20.6%, 1.2 times the S&P 500's 17.2%. Volatility measures how widely returns swing around their average: in roughly two years out of three, PEG's return lands within 20.6% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump. Guide: Understanding and measuring risk (volatility) →
- Sharpe ratio
- PEG's Sharpe ratio over the past 5 years was 0.41, against 0.73 for the S&P 500, so PEG earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings. Guide: Balancing reward with risk (Sharpe ratio) →
- Worst decline
- PEG's worst fall from a peak to a low over the past 10 years was 40.8%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 40.8% fall takes a 68.9% gain. Guide: Market crash risk and tail risk →
- Correlation
- Over the past 5 years, PEG's monthly returns had a correlation of 0.40 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against PEG instead: the lower it is, the more that option would diversify a PEG holding. Guide: Correlation and diversification →
Show all 396 stocks and funds worth at least $500 million that earned more than PEG with less volatility
Out of 3,627 tested over 5 years. The strongest 100 are listed, best first, with funds that hold the same thing listed once.
| # | Investment | Found in | Annual return | Volatility | Sharpe | Worst decline | 10Y return | Corr. with PEG | Expense |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VTIVanguard Morningstar Total Stock Market ETF · US Total Market | Whole market | +10.7% | 17.5% | 0.67 | −35.0% | +304% | 0.40 | 0.03% |
| 2 | VOOVanguard S&P 500 ETF · US Large-Cap Equity | Whole market | +11.8% | 16.9% | 0.75 | −34.0% | +323% | 0.40 | 0.03% |
| 3 | BRK-ABerkshire Hathaway Inc. · Insurance | Whole market | +13.9% | 17.2% | 0.85 | −30.4% | +288% | 0.43 | — |
| 4 | JNJJohnson & Johnson · Pharmaceuticals | Whole market | +13.4% | 18.0% | 0.80 | −27.4% | +209% | 0.27 | — |
| 5 | LVHIFranklin International Low Volatility High Dividend Index ETF · International Dividend Equity | Whole market | +17.0% | 11.1% | 1.48 | −32.4% | +204% | 0.47 | 0.40% |
| 6 |  VEAVanguard FTSE Developed Markets ETF · Developed International Equity | Whole market | +9.1% | 16.9% | 0.60 | −35.8% | +158% | 0.41 | 0.03% |
| 7 |  VIGVanguard Dividend Appreciation ETF · Dividend Growth | Whole market | +10.5% | 14.1% | 0.78 | −31.7% | +267% | 0.55 | 0.04% |
| 8 |  SCHDSchwab U.S. Dividend Equity ETF · US Dividend Equity | Whole market | +10.5% | 14.4% | 0.77 | −33.4% | +264% | 0.48 | 0.06% |
| 9 |  VYMVanguard High Dividend Yield ETF · High Dividend Yield | Whole market | +11.6% | 13.8% | 0.87 | −35.2% | +216% | 0.53 | 0.04% |
| 10 | FXUFirst Trust Utilities AlphaDEX Fund · Utilities Equity | Whole market | +12.1% | 16.7% | 0.78 | −34.8% | +154% | 0.79 | 0.61% |
| 11 |  VTVanguard Total World Stock ETF · Global Equity | Whole market | +9.7% | 16.2% | 0.66 | −34.2% | +224% | 0.43 | 0.06% |
| 12 |  RSGRepublic Services, Inc. · Waste Management | Whole market | +14.3% | 18.6% | 0.81 | −34.0% | +464% | 0.41 | — |
| 13 |  WMWaste Management, Inc. · Waste Management | Whole market | +9.8% | 19.3% | 0.58 | −30.1% | +346% | 0.54 | — |
| 14 | PJULInnovator U.S. Equity Power Buffer ETF · US Equity Buffer | Whole market | +10.1% | 8.6% | 1.16 | −18.2% | — | 0.40 | 0.79% |
| 15 | FJANFT Vest U.S. Equity Buffer ETF - January · US Equity Buffer | Whole market | +10.8% | 10.6% | 1.02 | −13.6% | — | 0.34 | 0.85% |
| 16 | POCTInnovator U.S. Equity Power Buffer ETF · Moderate Buffer | Whole market | +9.6% | 8.0% | 1.18 | −18.8% | — | 0.28 | 0.79% |
| 17 |  DYNFiShares U.S. Equity Factor Rotation Active ETF · US Multifactor Equity | Whole market | +13.4% | 17.6% | 0.81 | −34.7% | — | 0.35 | 0.26% |
| 18 |  XLVState Street Health Care Select Sector SPDR ETF · Health Care Equity | Whole market | +8.3% | 15.3% | 0.60 | −28.4% | +227% | 0.35 | 0.08% |
| 19 |  CHTChunghwa Telecom Co., Ltd. · Integrated Telecommunications | Whole market | +8.4% | 13.3% | 0.67 | −23.8% | +114% | 0.37 | — |
| 20 | DFIVDimensional - International Value ETF · International Large-Cap Value | Whole market | +15.0% | 16.4% | 0.94 | −25.4% | — | 0.41 | 0.27% |
| 21 | SIXHETC 6 Meridian Hedged Equity Index Option ETF · Hedged Equity | Whole market | +10.8% | 10.3% | 1.05 | −11.7% | — | 0.40 | 0.31% |
| 22 | AVLVAvantis U.S. Large Cap Value ETF · US Large-Cap Value | Whole market | +13.7% | 16.9% | 0.85 | −19.5% | — | 0.47 | 0.15% |
| 23 | MGVVanguard Morningstar Mega Cap Value ETF · US Large-Cap Value | Whole market | +12.8% | 13.4% | 0.97 | −35.4% | +254% | 0.53 | 0.05% |
| 24 | DGRWWisdomTree U.S. Quality Dividend Growth Fund · US Dividend Equity | Whole market | +11.2% | 14.0% | 0.83 | −32.0% | +280% | 0.48 | 0.28% |
| 25 | SPHQInvesco S&P 500 Quality ETF · US Quality Equity | Whole market | +11.5% | 16.7% | 0.74 | −31.6% | +297% | 0.44 | 0.20% |
| 26 | EWJiShares MSCI Japan ETF · Japan Equity | Whole market | +8.6% | 18.8% | 0.53 | −33.1% | +127% | 0.28 | 0.49% |
| 27 | BUFRFT Vest Laddered Buffer ETF · Buffered Equity | Whole market | +9.5% | 10.5% | 0.92 | −13.7% | — | 0.39 | 0.10% |
| 28 | DBEFXtrackers MSCI EAFE Hedged Equity ETF · International Equity | Whole market | +12.8% | 13.8% | 0.94 | −32.5% | +215% | 0.38 | 0.35% |
| 29 | XLPState Street Consumer Staples Select Sector SPDR ETF · Consumer Staples | Whole market | +7.6% | 13.9% | 0.60 | −24.5% | +126% | 0.57 | 0.08% |
| 30 | JQUAJPMorgan U.S. Quality Factor ETF · US Quality Equity | Whole market | +13.0% | 15.7% | 0.86 | −32.9% | — | 0.42 | 0.12% |
| 31 | IOOiShares Global 100 ETF · Global Equity | Whole market | +14.6% | 17.2% | 0.88 | −31.4% | +355% | 0.33 | 0.40% |
| 32 | XLGInvesco S&P 500 Top 50 ETF · US Large-Cap Equity | Whole market | +12.2% | 18.9% | 0.71 | −30.5% | +368% | 0.29 | 0.20% |
| 33 | DIVOAmplify CWP Enhanced Dividend Income ETF · Covered Call Income | Whole market | +10.5% | 11.9% | 0.91 | −30.0% | — | 0.52 | 0.56% |
| 34 | VPLVanguard FTSE Pacific ETF · International Equity | Whole market | +9.2% | 18.7% | 0.57 | −33.9% | +142% | 0.33 | 0.07% |
| 35 | MOATVanEck Morningstar Wide Moat ETF · US Large-Cap Equity | Whole market | +9.6% | 18.4% | 0.59 | −33.3% | +293% | 0.48 | 0.46% |
| 36 | JAVAJPMorgan Active Value ETF · US Large-Cap Value | Whole market | +11.5% | 14.5% | 0.83 | −16.5% | — | 0.51 | 0.44% |
| 37 | ATOAtmos Energy Corporation · Gas Utilities | Same or nearby category | +16.1% | 18.4% | 0.91 | −32.9% | +212% | 0.59 | — |
| 38 |  GLDSPDR Gold Shares · Gold | Whole market | +16.7% | 19.1% | 0.91 | −28.3% | +193% | 0.27 | 0.40% |
| 39 |  EPDEnterprise Products Partners L.P. · Oil & Gas Midstream | Whole market | +19.0% | 17.1% | 1.11 | −58.1% | +205% | 0.40 | — |
| 40 | DBMFiMGP DBi Managed Futures Strategy ETF · Managed Futures | Whole market | +8.9% | 12.4% | 0.76 | −20.4% | — | -0.13 | 0.85% |
| 41 |  MPLXMPLX Lp · Oil & Gas Midstream | Whole market | +23.9% | 18.8% | 1.24 | −75.2% | +331% | 0.41 | — |
| 42 | EFAViShares MSCI EAFE Min Vol Factor ETF · International Equity | Whole market | +7.6% | 11.9% | 0.68 | −27.6% | +102% | 0.44 | 0.20% |
| 43 | FTSFortis Inc. · Electric Utilities | Same or nearby category | +10.0% | 16.5% | 0.66 | −34.3% | +168% | 0.67 | — |
| 44 | GSIEGoldman Sachs ActiveBeta International Equity ETF · Developed International Equity | Whole market | +8.5% | 16.1% | 0.59 | −34.6% | +151% | 0.44 | 0.25% |
| 45 | IDMOInvesco S&P International Developed Momentum ETF · International Equity | Whole market | +12.5% | 18.3% | 0.74 | −31.3% | +227% | 0.36 | 0.25% |
| 46 | EDConsolidated Edison, Inc. · Electric Utilities | Popular alternative | +13.0% | 18.9% | 0.74 | −30.9% | +125% | 0.63 | — |
| 47 | FTLSFirst Trust Long/Short Equity ETF · Long-Short Equity | Whole market | +9.7% | 10.5% | 0.94 | −20.6% | +157% | 0.35 | 0.95% |
| 48 | OMFLInvesco Russell 1000 Dynamic Multifactor ETF · US Multifactor Equity | Whole market | +8.6% | 16.4% | 0.59 | −33.2% | — | 0.40 | 0.29% |
| 49 | PTLCPacer Trendpilot US Large Cap ETF · Tactical Equity | Whole market | +8.5% | 11.9% | 0.75 | −26.6% | +187% | 0.30 | 0.60% |
| 50 | AOAiShares Core 80/20 Aggressive Allocation ETF · Balanced Allocation | Whole market | +8.1% | 13.1% | 0.66 | −28.4% | +167% | 0.44 | 0.19% |
| 51 | BCIabrdn Bloomberg All Commodity Strategy K-1 Free ETF · Broad Commodities | Whole market | +9.4% | 16.7% | 0.63 | −32.7% | — | 0.20 | 0.26% |
| 52 | SCHYSchwab International Dividend Equity ETF · International Dividend Equity | Whole market | +9.7% | 13.3% | 0.77 | −24.0% | — | 0.47 | 0.08% |
| 53 | FTHIFirst Trust BuyWrite Income ETF · Covered Call Income | Whole market | +9.8% | 13.3% | 0.77 | −32.6% | +127% | 0.44 | 0.75% |
| 54 | WECWEC Energy Group, Inc. · Electric Utilities | Popular alternative | +8.8% | 19.1% | 0.54 | −32.3% | +179% | 0.70 | — |
| 55 | ACIOAptus Collared Income Opportunity ETF · Hedged Equity | Whole market | +8.6% | 11.2% | 0.80 | −14.2% | — | 0.37 | 0.79% |
| 56 | AEEAmeren Corporation · Electric Utilities | Popular alternative | +8.9% | 19.4% | 0.54 | −29.1% | +206% | 0.77 | — |
| 57 | HFXINYLI FTSE International Equity Currency Neutral ETF · International Large-Cap Equity | Whole market | +11.1% | 15.3% | 0.77 | −32.4% | +184% | 0.38 | 0.19% |
| 58 | JMOMJPMorgan U.S. Momentum Factor ETF · US Momentum Equity | Whole market | +11.4% | 19.2% | 0.66 | −34.3% | — | 0.35 | 0.12% |
| 59 | IDAIDACORP, Inc. · Electric Utilities | Same or nearby category | +10.0% | 19.3% | 0.59 | −34.3% | +157% | 0.65 | — |
| 60 | DSTLDistillate U.S. Fundamental Stability & Value ETF · US Large-Cap Value | Whole market | +11.4% | 16.2% | 0.75 | −33.1% | — | 0.49 | 0.39% |
| 61 | FJUNFT Vest U.S. Equity Buffer ETF - June · S&P 500 Buffer | Whole market | +10.1% | 10.6% | 0.96 | −13.3% | — | 0.42 | 0.85% |
| 62 | DDWMWisdomTree Dynamic International Equity Fund · International Dividend Equity | Whole market | +12.1% | 13.4% | 0.92 | −35.0% | +154% | 0.45 | 0.40% |
| 63 | ILCViShares Morningstar Value ETF · US Large-Cap Value | Whole market | +12.4% | 14.1% | 0.91 | −35.5% | +224% | 0.47 | 0.04% |
| 64 | IHEiShares U.S. Pharmaceuticals ETF · Pharmaceuticals | Whole market | +12.8% | 16.8% | 0.80 | −29.6% | +176% | 0.28 | 0.37% |
| 65 | FFLCFidelity Fundamental Large Cap Core ETF · Active Core Equity | Whole market | +15.3% | 16.8% | 0.93 | −19.7% | — | 0.41 | 0.38% |
| 66 | RLYState Street Multi-Asset Real Return ETF · Inflation Protection | Whole market | +10.0% | 13.3% | 0.79 | −34.2% | +131% | 0.49 | 0.50% |
| 67 | IUSInvesco RAFI Strategic US ETF · US Total Market | Whole market | +14.3% | 14.9% | 0.97 | −34.7% | — | 0.48 | 0.19% |
| 68 | INFLHorizon Kinetics Inflation Beneficiaries ETF · Global Equity | Whole market | +11.7% | 17.8% | 0.71 | −21.3% | — | 0.54 | 0.85% |
| 69 | FDLOFidelity Low Volatility Factor ETF · US Low-Volatility Equity | Whole market | +9.7% | 13.0% | 0.78 | −34.4% | +255% | 0.49 | 0.15% |
| 70 | RAAXVanEck Real Assets ETF · Real Assets | Whole market | +11.2% | 15.7% | 0.76 | −33.9% | — | 0.54 | 0.55% |
| 71 | DBAInvesco DB Agriculture Fund · Agricultural Commodities | Whole market | +9.3% | 13.8% | 0.72 | −35.3% | +52.4% | 0.19 | 0.90% |
| 72 | FTXHFirst Trust Nasdaq Pharmaceuticals ETF · Pharmaceuticals | Whole market | +11.9% | 16.9% | 0.75 | −32.1% | +175% | 0.25 | 0.60% |
| 73 | DBJPXtrackers MSCI Japan Hedged Equity ETF · Japan Equity | Whole market | +20.2% | 19.3% | 1.06 | −31.3% | +341% | 0.15 | 0.45% |
| 74 | PPHVanEck Pharmaceutical ETF · Pharmaceuticals | Whole market | +11.5% | 15.9% | 0.77 | −29.7% | +175% | 0.30 | 0.36% |
| 75 | FTQIFirst Trust Nasdaq BuyWrite Income ETF · Nasdaq Options Income | Whole market | +11.0% | 14.8% | 0.78 | −19.5% | +121% | 0.35 | 0.75% |
| 76 | EQLALPS Equal Sector Weight ETF · US Large-Cap Equity | Whole market | +13.1% | 14.5% | 0.92 | −34.2% | +396% | 0.58 | 0.19% |
| 77 | FLSPFranklin Systematic Style Premia ETF · Liquid Alternatives | Whole market | +8.7% | 13.4% | 0.69 | −22.9% | — | 0.20 | 0.65% |
| 78 | PTNQPacer Trendpilot 100 ETF · Tactical Asset Allocation | Whole market | +8.1% | 14.3% | 0.62 | −28.1% | +292% | 0.12 | 0.65% |
| 79 | HLALWahed FTSE USA Shariah ETF · Faith-Based Equity | Whole market | +12.2% | 18.1% | 0.73 | −33.6% | — | 0.30 | 0.50% |
| 80 | ROUSHartford Multifactor US Equity ETF · US Multifactor Equity | Whole market | +11.8% | 14.4% | 0.85 | −35.5% | +239% | 0.51 | 0.19% |
| 81 | DGTState Street SPDR Global Dow ETF · Global Equity | Whole market | +13.9% | 15.0% | 0.94 | −34.4% | +270% | 0.47 | 0.50% |
| 82 | SIXAETC 6 Meridian Mega Cap Equity ETF · US Large-Cap Equity | Whole market | +12.9% | 12.7% | 1.03 | −18.4% | — | 0.48 | 0.31% |
| 83 | DBEUXtrackers MSCI Europe Hedged Equity ETF · European Equity | Whole market | +11.0% | 14.4% | 0.80 | −34.5% | +190% | 0.39 | 0.46% |
| 84 | IMFLInvesco International Developed Dynamic Multifactor ETF · International Multifactor Equity | Whole market | +8.6% | 16.2% | 0.59 | −33.3% | — | 0.41 | 0.34% |
| 85 | XLSRState Street US Sector Rotation ETF · Tactical Equity | Whole market | +8.3% | 17.2% | 0.55 | −32.9% | — | 0.36 | 0.70% |
| 86 | QSPTFT Vest Nasdaq-100 Buffer ETF - September · Nasdaq-100 Buffer | Whole market | +10.9% | 14.9% | 0.77 | −22.6% | — | 0.24 | 0.90% |
| 87 |  KOThe Coca-Cola Company · Nonalcoholic Beverages | Whole market | +14.6% | 16.9% | 0.90 | −37.0% | +211% | 0.39 | — |
| 88 | OUSAALPS Funds O’Shares U.S. Quality Dividend ETF · US Dividend Equity | Whole market | +9.4% | 13.4% | 0.74 | −33.1% | +196% | 0.50 | 0.48% |
| 89 | DJDInvesco Dow Jones Industrial Average Dividend ETF · High Dividend Yield | Whole market | +12.3% | 13.4% | 0.94 | −34.7% | +235% | 0.54 | 0.07% |
| 90 | VSLUApplied Finance Valuation Large Cap ETF · US Large-Cap Value | Whole market | +13.2% | 16.2% | 0.85 | −23.8% | — | 0.41 | 0.49% |
| 91 | DXJWisdomTree Japan Hedged Equity Fund · Japan Equity | Whole market | +26.2% | 19.1% | 1.32 | −39.1% | +424% | 0.20 | 0.48% |
| 92 |  RYRoyal Bank of Canada · Banks | Whole market | +18.3% | 18.2% | 1.02 | −40.0% | +381% | 0.28 | — |
| 93 | NXTGFirst Trust Indxx NextG ETF · Technology Equity | Whole market | +15.0% | 19.2% | 0.83 | −33.6% | +322% | 0.22 | 0.70% |
| 94 | PJPInvesco Pharmaceuticals ETF · Pharmaceuticals | Whole market | +11.2% | 16.6% | 0.72 | −34.0% | +154% | 0.24 | 0.58% |
| 95 | WTPIWisdomTree Equity Premium Income Fund · Equity Income | Whole market | +8.6% | 12.2% | 0.74 | −28.4% | +120% | 0.42 | 0.44% |
| 96 | FDEMFidelity Emerging Markets Multifactor ETF · Emerging Markets Equity | Whole market | +9.4% | 17.0% | 0.61 | −33.7% | — | 0.35 | 0.25% |
| 97 | LGHHCM Defender 500 Index ETF · Tactical Asset Allocation | Whole market | +7.9% | 16.7% | 0.54 | −29.6% | — | 0.32 | 1.00% |
| 98 |  TAKTakeda Pharmaceutical Company Limited · Specialty Pharmaceuticals | Whole market | +12.6% | 19.5% | 0.71 | −54.4% | +41.3% | 0.06 | — |
| 99 |  VBRVanguard Morningstar Small-Cap Value ETF · US Small-Cap Value | Whole market | +8.6% | 19.4% | 0.52 | −45.3% | +188% | 0.50 | 0.05% |
| 100 | SDCIUSCF SummerHaven Dynamic Commodity Strategy No K-1 Fund · Broad Commodities | Whole market | +20.4% | 18.4% | 1.11 | −45.7% | — | 0.20 | 0.80% |
PEG against its popular alternatives
The investments people most often weigh against PEG, compared period by period and year by year.
How do PEG's risk and return compare with its alternatives?
- 12 of the 24 popular alternatives, led by PNW, ED and AEP, were both more rewarding and calmer than PEG over the past 5 years, earning a higher annual return with lower volatility.
- Over the past 5 years, PEG returned 6.6% a year, less than the S&P 500's 11.7%, with higher volatility (20.6% against 17.2%).
This map plots each investment's annual return over the past 5 years against its volatility, the size of its typical price swings. Investments toward the upper left earned more for a smoother ride, and those toward the lower right earned less for a rougher one. The dashed lines cross at PEG, which divides the map into what did better or worse on each measure.
Green points earned more than PEG with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.
All figures
| Investment | Annual return | Volatility |
|---|---|---|
| VST Vistra Corp. | +49.2% | 48.9% |
| PWR Quanta Services, Inc. | +39.0% | 37.5% |
| CCJ Cameco Corporation | +24.3% | 49.4% |
| ETR Entergy Corporation | +20.3% | 22.5% |
| PNW Pinnacle West Capital Corporation | +15.5% | 19.9% |
| ED Consolidated Edison, Inc. | +13.0% | 18.9% |
| AEP American Electric Power Company, Inc. | +12.8% | 20.2% |
| SO The Southern Company | +12.7% | 18.9% |
| SPY S&P 500State Street SPDR S&P 500 ETF | +11.7% | 17.2% |
| EVRG Evergy, Inc. | +10.6% | 19.0% |
| AEE Ameren Corporation | +8.9% | 19.4% |
| WEC WEC Energy Group, Inc. | +8.8% | 19.1% |
| DUK Duke Energy Corporation | +8.7% | 18.1% |
| LNT Alliant Energy Corporation | +8.5% | 19.9% |
| FE FirstEnergy Corp. | +8.3% | 19.4% |
| PPL PPL Corporation | +8.0% | 19.0% |
| EXC Exelon Corporation | +7.7% | 20.9% |
| XEL Xcel Energy Inc. | +7.5% | 20.9% |
| DTE DTE Energy Company | +7.2% | 19.1% |
| PEG This pagePublic Service Enterprise Group Incorporated | +6.6% | 20.6% |
| CMS CMS Energy Corporation | +6.5% | 19.1% |
| EIX Edison International | +3.6% | 28.5% |
| PCG PG&E Corporation | +3.6% | 29.3% |
| NEE NextEra Energy, Inc. | +2.6% | 26.9% |
| D Dominion Energy, Inc. | +2.3% | 22.8% |
| ES Eversource Energy | +0.2% | 24.0% |
Has PEG consistently beaten its popular alternatives?
- 15 of the 25 popular alternatives, led by AEE, SO and WEC, outperformed PEG in at least 3 of 5 short-term and 2 of 3 long-term timeframes.
- AEE, SO and WEC outperformed PEG in every long-term period and in all but one short-term period, the most consistent record in the group.
- PNW, ED and SO earned more for the risk they took than PEG (a higher Sharpe ratio) and fell less in their worst decline of the past 10 years.
This section compares PEG with the investments people most often weigh against it, checking each one over eight periods from one month to ten years. Counting how often an alternative earned more than PEG helps separate lasting outperformance from a single strong stretch.
A green cell means the alternative earned more than PEG over that period. "Qualified" marks those that did so in at least 3 of 5 short-term periods and 2 of 3 long-term periods.
| Investment | Periods outperformed | Short term | Long term | Risk · 5 years | Fund | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Volatilitylower is calmer | Sharpehigher is better | Worst declinepast 10 years | Expense | Assets | Overlapsame sectors | ||
| PEG Public Service Enterprise Group Incorporated (this page) | — | +9.3% | −2.0% | −5.9% | −5.8% | −5.4% | +29.4% | +37.6% | +157% | 20.6% | 0.41 | −40.8% | — | $37B | — |
| AEE QualifiedAmeren Corporation | 5/5 short3/3 longAll-weather | +11.5% | +2.5% | +0.5% | +12.8% | +12.9% | +56.3% | +53.1% | +206% | 19.4% | 0.54 | −29.1% | — | $31B | — |
| SO QualifiedThe Southern Company | 5/5 short3/3 longAll-weather | +13.0% | +2.6% | +0.2% | +11.2% | +4.9% | +49.6% | +81.7% | +184% | 18.9% | 0.73 | −38.4% | — | $109B | — |
| WEC QualifiedWEC Energy Group, Inc. | 5/5 short3/3 longAll-weather | +15.1% | +7.9% | +2.1% | +12.6% | +9.3% | +55.2% | +52.5% | +179% | 19.1% | 0.54 | −32.3% | — | $38B | — |
| LNT QualifiedAlliant Energy Corporation | 5/5 short3/3 longAll-weather | +14.4% | +3.2% | +0.6% | +14.8% | +13.3% | +60.4% | +50.6% | +170% | 19.9% | 0.51 | −33.6% | — | $19B | — |
| XEL QualifiedXcel Energy Inc. | 5/5 short3/3 longAll-weather | +11.1% | +2.9% | −0.7% | +8.7% | +0.7% | +43.7% | +43.9% | +164% | 20.9% | 0.46 | −34.4% | — | $51B | — |
| ETR QualifiedEntergy Corporation | 4/5 short3/3 longAll-weather | +8.9% | +2.3% | −5.0% | +19.2% | +16.3% | +145% | +152% | +348% | 22.5% | 0.94 | −42.0% | — | $52B | — |
| AEP QualifiedAmerican Electric Power Company, Inc. | 4/5 short3/3 longAll-weather | +9.0% | +2.3% | −1.8% | +15.1% | +12.1% | +83.3% | +82.9% | +193% | 20.2% | 0.70 | −32.9% | — | $71B | — |
| EXC QualifiedExelon Corporation | 5/5 short2/3 long | +14.0% | +2.8% | +1.6% | +8.7% | +4.2% | +27.8% | +44.7% | +181% | 20.9% | 0.46 | −40.0% | — | $48B | — |
| DUK QualifiedDuke Energy Corporation | 5/5 short2/3 long | +12.5% | +4.2% | +2.5% | +12.2% | +7.4% | +59.9% | +51.9% | +147% | 18.1% | 0.56 | −37.4% | — | $100B | — |
| ED QualifiedConsolidated Edison, Inc. | 5/5 short2/3 long | +14.6% | +10.7% | +9.9% | +21.4% | +26.7% | +45.5% | +84.2% | +125% | 18.9% | 0.74 | −30.9% | — | $44B | — |
| FE QualifiedFirstEnergy Corp. | 5/5 short2/3 long | +9.9% | −0.7% | +3.9% | +8.4% | +7.6% | +47.6% | +48.6% | +116% | 19.4% | 0.51 | −47.7% | — | $28B | — |
| PNW QualifiedPinnacle West Capital Corporation | 5/5 short2/3 long | +11.5% | +6.1% | +6.0% | +24.8% | +23.0% | +59.4% | +106% | +111% | 19.9% | 0.83 | −39.3% | — | $13B | — |
| PPL QualifiedPPL Corporation | 5/5 short2/3 long | +10.2% | +3.5% | −2.8% | +5.4% | +2.5% | +59.1% | +47.0% | +64.8% | 19.0% | 0.50 | −48.7% | — | $27B | — |
| NEE QualifiedNextEra Energy, Inc. | 4/5 short2/3 long | +10.7% | −1.0% | −9.6% | +7.4% | +7.0% | +55.1% | +13.9% | +255% | 26.9% | 0.23 | −45.0% | — | $178B | — |
| EVRG QualifiedEvergy, Inc. | 4/5 short2/3 long | +9.3% | +4.9% | +7.2% | +21.4% | +15.9% | +91.7% | +65.3% | +118% | 19.0% | 0.63 | −38.8% | — | $20B | — |
| PWR Engineering & ConstructionQuanta Services, Inc. | 2/5 short3/3 long | −8.2% | −8.7% | −18.0% | +41.4% | +37.9% | +256% | +419% | +2,124% | 37.5% | 1.07 | −45.5% | — | $94B | — |
| VST Independent Power ProducersVistra Corp. | 0/5 short3/3 long | −3.9% | −13.5% | −16.1% | −18.2% | −29.9% | +298% | +638% | +1,256% | 48.9% | 1.07 | −53.3% | — | $45B | — |
| CCJ UraniumCameco Corporation | 0/5 short3/3 long | −13.9% | −18.2% | −38.0% | −25.5% | −27.1% | +72.3% | +196% | +842% | 49.4% | 0.69 | −57.2% | — | $32B | — |
| DTE Regulated ElectricDTE Energy Company | 2/5 short2/3 long | +9.2% | −3.3% | −5.8% | +6.8% | +5.0% | +52.4% | +41.8% | +139% | 19.1% | 0.46 | −42.4% | — | $28B | — |
| CMS Regulated ElectricCMS Energy Corporation | 5/5 short1/3 long | +11.0% | −0.6% | −5.0% | +2.8% | +0.7% | +38.9% | +36.7% | +131% | 19.1% | 0.42 | −29.6% | — | $22B | — |
| D Regulated ElectricDominion Energy, Inc. | 5/5 short1/3 long | +10.5% | −0.5% | +9.8% | +17.9% | +20.7% | +89.9% | +12.3% | +40.9% | 22.8% | 0.22 | −52.2% | — | $60B | — |
| ES Regulated ElectricEversource Energy | 3/5 short1/3 long | +7.8% | −2.2% | +2.5% | +5.7% | −2.1% | +47.2% | +0.9% | +85.1% | 24.0% | 0.13 | −41.7% | — | $26B | — |
| CEG Independent Power ProducersConstellation Energy Corporation | 0/5 short1/3 long | −0.1% | −5.9% | −19.6% | −29.4% | −31.5% | +124% | — | — | — | — | −50.7% | — | $91B | — |
| EIX Regulated ElectricEdison International | 3/5 short0/3 long | +12.6% | −15.1% | −11.0% | +3.5% | +16.0% | +9.5% | +19.6% | +30.3% | 28.5% | 0.27 | −43.9% | — | $23B | — |
| PCG Regulated ElectricPG&E Corporation | 0/5 short0/3 long | +7.8% | −23.5% | −17.5% | −17.6% | −15.4% | −19.1% | +19.5% | −76.8% | 29.3% | 0.27 | −94.7% | — | $36B | — |
How did PEG do year by year?
- PEG finished ahead of the S&P 500 in 14 of its 29 full calendar years.
- Among its popular alternatives, VST came out ahead of PEG most often, in six of the nine years both traded.
- Ranked against its popular alternatives each year, PEG finished in the top quarter in eight of 29 years and in the bottom quarter in seven. In 2025, it ranked 24 of 26.
This table shows each investment's total return in every full calendar year since 1997, along with where PEG ranked among its popular alternatives each year. Annual results reveal how consistently each one kept pace with PEG and how far its good and bad years diverged, detail that multiyear averages tend to smooth over.
Newest year first. Green marks a year in which the fund came out ahead of PEG; gray means the two finished within a fraction of a point. The rank row places PEG among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.
| Investment | Years ahead of PEG | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PEG This pagePublic Service Enterprise Group Incorporated | — | −1.9% | +42.6% | +3.6% | −5.1% | +18.3% | +2.4% | +17.1% | +4.7% | +21.8% | +17.8% | −2.8% | +34.4% | +9.4% | −2.9% | +8.3% | −0.1% | +19.2% | −38.6% | +52.1% | +5.6% | +30.3% | +24.3% | +44.0% | −19.3% | −9.0% | +48.5% | −7.9% | +33.5% | +27.1% |
| Rank among alternatives | Top quarter in 8 of 29 | 24 of 26 | 5 of 26 | 7 of 26 | 22 of 25 | 12 of 25 | 10 of 25 | 19 of 25 | 15 of 25 | 2 of 25 | 14 of 24 | 15 of 24 | 9 of 24 | 14 of 24 | 20 of 24 | 21 of 24 | 19 of 24 | 10 of 24 | 21 of 24 | 1 of 24 | 24 of 24 | 5 of 24 | 6 of 24 | 8 of 24 | 15 of 24 | 16 of 24 | 14 of 24 | 4 of 24 | 4 of 23 | 11 of 23 |
| SPY S&P 500State Street SPDR S&P 500 ETF | 14 of 29 | +17.7% | +24.9% | +26.2% | −18.2% | +28.7% | +18.3% | +31.2% | −4.6% | +21.7% | +12.0% | +1.2% | +13.5% | +32.3% | +16.0% | +1.9% | +15.1% | +26.4% | −36.8% | +5.1% | +15.9% | +4.8% | +10.7% | +28.2% | −21.6% | −11.7% | −9.8% | +20.4% | +28.7% | +33.5% |
| AEE Ameren Corporation | 14 of 29 | +15.3% | +27.5% | −16.1% | +2.5% | +17.1% | +4.3% | +20.8% | +14.0% | +15.9% | +25.7% | −2.4% | +32.8% | +23.4% | −2.5% | +23.9% | +6.9% | −10.4% | −34.5% | +5.9% | +10.1% | +7.1% | +15.1% | +17.5% | +4.3% | −3.0% | +51.7% | −17.9% | +5.3% | +12.4% |
| SO The Southern Company | 10 of 29 | +9.5% | +21.7% | +2.2% | +8.2% | +16.4% | +0.6% | +51.6% | −3.8% | +2.4% | +9.9% | −0.1% | +25.3% | +0.5% | −3.5% | +26.9% | +20.7% | −4.9% | +0.1% | +9.8% | +11.7% | +7.6% | +16.1% | +11.7% | +17.6% | +32.5% | +48.5% | −14.9% | +18.0% | +21.3% |
| WEC WEC Energy Group, Inc. | 14 of 29 | +16.0% | +16.1% | −7.0% | −0.5% | +8.6% | +2.5% | +37.0% | +7.9% | +17.1% | +18.2% | +0.8% | +32.0% | +16.1% | +8.9% | +22.9% | +21.7% | +22.5% | −11.8% | +5.0% | +24.2% | +18.7% | +3.4% | +36.8% | +15.6% | +3.7% | +25.4% | −34.8% | +15.4% | +13.5% |
| LNT Alliant Energy Corporation | 12 of 29 | +13.5% | +19.5% | −3.8% | −7.4% | +22.9% | −3.1% | +33.4% | +2.4% | +16.0% | +25.4% | −2.6% | +33.4% | +22.0% | +4.7% | +25.3% | +27.2% | +9.9% | −25.3% | +11.3% | +39.3% | +1.9% | +19.5% | +58.5% | −40.1% | +1.8% | +24.0% | −8.5% | +3.8% | +26.4% |
| XEL Xcel Energy Inc. | 16 of 29 | +13.9% | +12.3% | −8.7% | +6.4% | +4.4% | +7.8% | +32.4% | +5.9% | +20.9% | +17.1% | +3.8% | +33.4% | +8.8% | +0.5% | +22.3% | +16.1% | +20.3% | −13.8% | +2.0% | +30.6% | +6.1% | +12.4% | +61.7% | −57.1% | +0.8% | +58.8% | −24.9% | +0.2% | +33.9% |
| ETR Entergy Corporation | 11 of 29 | +25.4% | +55.9% | −6.1% | +3.5% | +17.1% | −13.7% | +44.3% | +10.6% | +15.9% | +12.6% | −18.2% | +44.8% | +4.3% | −8.3% | +8.4% | −9.7% | +2.4% | −28.3% | +32.5% | +38.4% | +4.6% | +22.0% | +29.3% | +20.3% | −4.6% | +71.4% | −14.0% | +9.7% | +16.7% |
| AEP American Electric Power Company, Inc. | 14 of 29 | +29.4% | +18.2% | −11.0% | +10.4% | +10.7% | −9.0% | +30.5% | +5.4% | +19.9% | +11.9% | −0.4% | +35.1% | +14.2% | +8.2% | +20.7% | +8.6% | +10.4% | −25.5% | +13.0% | +19.7% | +12.3% | +17.5% | +19.2% | −32.8% | −1.3% | +54.8% | −27.3% | −4.1% | +32.6% |
| EXC Exelon Corporation | 13 of 29 | +20.0% | +9.2% | −14.0% | +8.3% | +41.4% | −3.8% | +4.3% | +18.4% | +14.1% | +32.8% | −22.2% | +40.6% | −3.5% | −27.4% | +9.5% | −10.5% | −8.4% | −29.9% | +35.1% | +19.8% | +24.5% | +37.5% | +30.1% | +14.1% | −29.5% | +106% | −14.8% | +78.5% | +4.0% |
| DUK Duke Energy Corporation | 15 of 29 | +12.7% | +15.6% | −1.6% | +2.0% | +19.1% | +4.8% | +10.3% | +7.4% | +12.9% | +13.4% | −10.8% | +26.3% | +13.0% | +1.3% | +30.1% | +9.5% | +21.9% | −21.6% | +8.9% | +26.2% | +15.6% | +30.2% | +11.8% | −48.2% | −5.3% | +76.0% | −18.6% | +20.2% | +25.3% |
| ED Consolidated Edison, Inc. | 15 of 29 | +15.1% | +1.6% | −1.1% | +15.7% | +22.9% | −17.0% | +22.6% | −6.6% | +17.2% | +18.9% | +1.4% | +24.9% | +3.8% | −6.7% | +30.9% | +14.9% | +23.8% | −15.7% | +6.6% | +9.2% | +11.3% | +7.3% | +6.3% | +11.8% | +10.9% | +19.0% | −31.4% | +35.0% | +50.5% |
| FE FirstEnergy Corp. | 11 of 29 | +17.3% | +13.3% | −8.9% | +4.8% | +41.7% | −34.2% | +34.1% | +27.9% | +3.6% | +1.9% | −15.2% | +23.6% | −16.6% | −1.1% | +26.1% | −15.6% | +0.5% | −30.6% | +23.7% | +27.3% | +28.7% | +16.5% | +11.7% | −1.5% | +16.1% | +47.9% | −26.6% | +18.1% | +27.5% |
| PNW Pinnacle West Capital Corporation | 13 of 29 | +8.9% | +23.4% | −1.2% | +13.0% | −7.8% | −7.7% | +9.1% | +3.6% | +12.7% | +25.4% | −2.0% | +34.5% | +7.9% | +10.4% | +21.9% | +19.7% | +21.7% | −19.4% | −12.3% | +28.5% | −2.6% | +16.1% | +23.5% | −14.6% | −9.1% | +62.1% | −25.4% | +2.9% | +38.5% |
| PPL PPL Corporation | 11 of 29 | +11.4% | +24.0% | −3.8% | +0.4% | +12.8% | −16.9% | +33.5% | −3.0% | −5.2% | +4.1% | +5.7% | +26.2% | +10.3% | +2.4% | +17.6% | −14.2% | +10.3% | −39.1% | +49.3% | +26.1% | +14.9% | +26.0% | +31.3% | +3.9% | −21.0% | +105% | −14.7% | +31.3% | +12.3% |
| NEE NextEra Energy, Inc. | 17 of 29 | +15.5% | +21.5% | −25.3% | −8.5% | +23.4% | +30.0% | +42.6% | +14.3% | +34.4% | +18.5% | +0.8% | +27.9% | +27.9% | +17.9% | +21.9% | +2.3% | +9.0% | −23.5% | +27.9% | +35.5% | +15.2% | +18.5% | +13.0% | +11.3% | −18.5% | +74.7% | −28.0% | +8.2% | +33.0% |
| EVRG Evergy, Inc. | 15 of 29 | +22.4% | +23.4% | −13.3% | −4.9% | +28.0% | −11.7% | +18.4% | +10.9% | −3.5% | +36.8% | +6.9% | +33.2% | +17.5% | +4.2% | +20.3% | +22.2% | +13.0% | −16.5% | +4.1% | +26.1% | −2.0% | +17.3% | +115% | −37.2% | −26.4% | +58.7% | −44.3% | −18.3% | +48.3% |
| PWR Quanta Services, Inc. | 16 of 27 | +33.7% | +46.6% | +51.7% | +24.6% | +59.5% | +77.8% | +35.8% | −22.9% | +12.2% | +72.1% | −28.7% | −10.1% | +15.7% | +26.7% | +8.1% | −4.4% | +5.3% | −24.6% | +33.5% | +49.3% | +64.7% | +9.5% | +109% | −77.3% | −52.1% | +71.0% | +28.0% | — | — |
| VST Vistra Corp. | 6 of 9 | +17.7% | +262% | +70.7% | +5.1% | +19.5% | −11.9% | +2.5% | +24.9% | +18.2% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| CCJ Cameco Corporation | 15 of 29 | +78.4% | +19.5% | +90.5% | +4.3% | +63.2% | +51.5% | −21.1% | +23.5% | −9.0% | −12.6% | −23.1% | −19.5% | +7.4% | +10.8% | −54.5% | +26.8% | +88.8% | −56.3% | −1.2% | +28.1% | +82.3% | +83.9% | +145% | −1.3% | +44.7% | +21.9% | −13.2% | −43.2% | −18.5% |
| DTE DTE Energy Company | 14 of 29 | +10.4% | +13.5% | −2.8% | +1.2% | +19.4% | −2.9% | +21.4% | +4.2% | +14.6% | +27.0% | −3.7% | +34.8% | +15.0% | +14.9% | +25.9% | +9.0% | +30.4% | −14.4% | −5.1% | +17.7% | +4.8% | +15.0% | −10.4% | +16.1% | +13.0% | +30.8% | −22.5% | +30.4% | +14.7% |
| CMS CMS Energy Corporation | 14 of 29 | +8.1% | +18.6% | −5.2% | +0.2% | +9.7% | −0.3% | +30.0% | +8.2% | +17.1% | +18.9% | +7.3% | +34.6% | +13.9% | +15.0% | +23.9% | +23.7% | +61.1% | −40.2% | +5.4% | +15.0% | +39.0% | +22.7% | −9.7% | −57.7% | −19.9% | +8.3% | −32.7% | +13.2% | +35.4% |
| D Dominion Energy, Inc. | 11 of 29 | +14.0% | +20.4% | −19.2% | −19.1% | +8.1% | −5.3% | +21.5% | −7.6% | +9.9% | +17.7% | −8.7% | +23.0% | +29.8% | +1.6% | +29.4% | +14.8% | +14.4% | −21.6% | +16.5% | +12.6% | +18.2% | +10.5% | +21.3% | −4.5% | −6.5% | +80.2% | −11.0% | +16.7% | +18.5% |
| ES Eversource Energy | 14 of 29 | +22.9% | −2.5% | −23.4% | −5.1% | +8.2% | +4.5% | +34.5% | +6.4% | +18.0% | +11.8% | −1.3% | +30.6% | +12.5% | +12.3% | +16.8% | +28.2% | +11.8% | −20.6% | +14.2% | +47.9% | +8.1% | −3.4% | +37.6% | −11.3% | −25.5% | +20.2% | +29.2% | +35.4% | −8.2% |
| CEG Constellation Energy Corporation | 3 of 3 | +58.8% | +92.7% | +37.3% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| EIX Edison International | 15 of 29 | −20.4% | +15.3% | +17.4% | −2.6% | +13.6% | −12.8% | +37.6% | −6.7% | −9.5% | +24.9% | −6.9% | +45.1% | +5.5% | +12.4% | +10.9% | +15.1% | +12.5% | −38.0% | +19.9% | +7.0% | +39.6% | +52.2% | +85.1% | −21.6% | −3.3% | −37.0% | −2.8% | +6.4% | +42.3% |
| PCG PG&E Corporation | 13 of 29 | −19.7% | +12.2% | +10.9% | +33.9% | −2.5% | +14.5% | −54.2% | −47.0% | −24.5% | +17.9% | +3.5% | +37.4% | +4.6% | +1.8% | −10.1% | +11.7% | +20.1% | −6.4% | −6.1% | +31.6% | +16.3% | +19.8% | +99.8% | −27.8% | −3.8% | +2.5% | −32.0% | +7.9% | +51.7% |
Risk and diversification
How PEG has fallen, how it held up in crashes beside the S&P 500 and its popular alternatives, and what moves independently of it.
What were PEG's worst declines?
- In all four of PEG's worst declines, the S&P 500 held up better over the same dates.
- Not every decline was the market's doing: PEG fell 35.4% from June 1999 to March 2000, while the S&P 500 rose 4.8%.
- The slowest recovery came after PEG fell 51.2% from January 2008 to March 2009; it did not regain that peak until April 2014, five years later.
A drawdown is the decline from a peak to the lowest point before a new high. This section presents PEG's five deepest drawdowns since it began trading in 1986, alongside the S&P 500's return over the same dates, and how long each took to recover. Together, these figures show how much an investor could have lost and how long it took to get back to even.
Green means PEG fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.
| During | PEG fell | S&P 500, same dates | Peak | Low | Time to the low | Back at the peak | Time to recover |
|---|---|---|---|---|---|---|---|
| Dot-com bust | −54.3% | −28.4% | May 2001 | Oct 2002 | 17 months | Jan 2004 | 15 months |
| 2008 financial crisis | −51.2% | −44.9% | Jan 2008 | Mar 2009 | 14 months | Apr 2014 | 5.1 years |
| Covid crash | −40.8% | −25.7% | Oct 2019 | Mar 2020 | 5 months | Mar 2021 | 12 months |
| Dot-com bust | −35.4% | +4.8% | Jun 1999 | Mar 2000 | 9 months | Sep 2000 | 6 months |
| No named crash | −27.7% | — | Jan 1987 | Oct 1987 | 9 months | May 1989 | 19 months |
How did PEG do in stock market crashes?
- Among its popular alternatives, ED held up best, falling less than PEG in all ten crashes they both traded through.
- PEG fell less than the S&P 500 in four of the ten crashes it has traded through. The clearest case was the late-2018 sell-off, when PEG fell 10.8% and the S&P 500 fell 19.3%.
This section measures how far PEG, the S&P 500 and each alternative fell from peak to trough during every major market crash since 2000. A smaller decline means an investment held up better, and comparing results across crashes shows whether that resilience was consistent or a one-off.
Newest crash first. Each figure is the fund's deepest fall within the crash window; green means a smaller fall than PEG.
| Investment | Held up better | 2023 regional bank crisisMar 2023 | 2022 bear marketJan 2022 | Covid crashFeb 2020 | Late-2018 sell-offSep 2018 | February 2018 volatility shockFeb 2018 | 2015 China and oil sell-offAug 2015 | 2011 euro debt crisisJul 2011 | 2010 flash crashMay 2010 | 2008 financial crisisOct 2007 | Dot-com bustMar 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PEG This pagePublic Service Enterprise Group Incorporated | — | −3.6% | −27.3% | −38.0% | −10.8% | −6.6% | −14.8% | −13.4% | −1.0% | −51.0% | −48.3% |
| SPY S&P 500State Street SPDR S&P 500 ETF | 4 of 10 | −3.4% | −24.5% | −33.7% | −19.3% | −6.5% | −12.8% | −17.9% | −1.5% | −55.2% | −47.5% |
| AEE Ameren Corporation | 7 of 10 | −2.5% | −22.9% | −29.1% | −10.2% | −4.2% | −11.5% | −13.2% | −1.9% | −60.6% | −17.8% |
| SO The Southern Company | 9 of 10 | −1.2% | −23.3% | −38.1% | −9.6% | −1.9% | −9.4% | −5.2% | 0.0% | −30.4% | −19.0% |
| WEC WEC Energy Group, Inc. | 9 of 10 | −1.9% | −23.6% | −32.3% | −9.8% | −4.0% | −9.6% | −12.0% | −0.6% | −24.4% | −21.3% |
| LNT Alliant Energy Corporation | 7 of 10 | −2.7% | −25.2% | −32.9% | −11.0% | −4.5% | −13.3% | −15.4% | −1.3% | −49.5% | −44.9% |
| XEL Xcel Energy Inc. | 8 of 10 | −1.8% | −24.7% | −28.9% | −9.4% | −4.6% | −10.4% | −11.0% | −1.1% | −27.2% | −80.6% |
| ETR Entergy Corporation | 7 of 10 | −3.0% | −21.9% | −41.3% | −8.0% | −4.1% | −13.2% | −13.4% | −1.1% | −49.4% | −28.4% |
| AEP American Electric Power Company, Inc. | 8 of 10 | −2.0% | −22.3% | −32.4% | −8.5% | −5.5% | −10.6% | −9.3% | −0.8% | −48.0% | −62.8% |
| EXC Exelon Corporation | 5 of 10 | −2.6% | −27.4% | −39.8% | −6.9% | −4.6% | −24.7% | −10.5% | −0.8% | −50.9% | −40.6% |
| DUK Duke Energy Corporation | 9 of 10 | −1.9% | −24.1% | −37.4% | −7.7% | −2.9% | −13.7% | −8.8% | 0.0% | −38.9% | −63.5% |
| ED Consolidated Edison, Inc. | 10 of 10 | −1.2% | −22.0% | −30.9% | −10.3% | −4.1% | −9.8% | −5.9% | 0.0% | −30.1% | −25.5% |
| FE FirstEnergy Corp. | 7 of 10 | −4.1% | −25.2% | −36.4% | −9.5% | −3.5% | −15.6% | −12.5% | 0.0% | −54.2% | −34.4% |
| PNW Pinnacle West Capital Corporation | 5 of 10 | −4.0% | −24.0% | −39.3% | −8.3% | −4.4% | −11.2% | −13.4% | −2.3% | −43.8% | −53.3% |
| PPL PPL Corporation | 6 of 10 | −1.9% | −21.8% | −47.1% | −13.1% | −5.4% | −11.7% | −11.5% | 0.0% | −53.5% | −55.4% |
| NEE NextEra Energy, Inc. | 9 of 10 | −1.7% | −24.0% | −35.6% | −8.2% | −6.9% | −12.9% | −12.8% | 0.0% | −47.9% | −32.2% |
| EVRG Evergy, Inc. | 6 of 10 | −2.1% | −22.8% | −38.8% | −8.0% | −2.6% | −11.2% | −14.6% | −1.2% | −39.8% | −59.5% |
| PWR Quanta Services, Inc. | 1 of 10 | −4.0% | −21.7% | −40.8% | −22.1% | −7.1% | −35.4% | −21.6% | −1.7% | −69.6% | −97.1% |
| VST Vistra Corp. | 1 of 5 | −7.1% | −22.1% | −45.7% | −17.3% | −8.8% | — | — | — | — | — |
| CCJ Cameco Corporation | 2 of 10 | −3.5% | −34.8% | −40.3% | −14.9% | −7.9% | −26.4% | −38.7% | −0.3% | −76.9% | −47.3% |
| DTE DTE Energy Company | 6 of 10 | −2.7% | −24.9% | −42.4% | −8.4% | −4.6% | −11.1% | −14.1% | −1.9% | −50.6% | −27.7% |
| CMS CMS Energy Corporation | 7 of 10 | −2.8% | −26.5% | −29.3% | −9.8% | −3.9% | −10.4% | −13.5% | −1.3% | −49.4% | −79.9% |
| D Dominion Energy, Inc. | 8 of 10 | −3.2% | −28.0% | −33.3% | −7.5% | −3.1% | −13.3% | −7.7% | 0.0% | −41.4% | −44.4% |
| ES Eversource Energy | 8 of 10 | −2.7% | −23.1% | −36.8% | −9.1% | −5.4% | −11.5% | −13.8% | −1.8% | −40.3% | −43.1% |
| CEG Constellation Energy Corporation | 1 of 1 | −2.0% | — | — | — | — | — | — | — | — | — |
| EIX Edison International | 5 of 10 | −3.0% | −22.0% | −42.7% | −33.1% | −5.7% | −11.3% | −15.2% | 0.0% | −57.7% | −69.5% |
| PCG PG&E Corporation | 5 of 10 | −3.4% | −24.9% | −59.7% | −63.8% | −7.7% | −12.5% | −8.8% | −0.3% | −36.9% | −78.8% |
How closely does PEG move with the S&P 500?
- Over the past 10 years, PEG captured 52% of the S&P 500's gains in rising months and 41% of its losses in falling months, with a beta of 0.52. That is a defensive profile: it gave up some of the market's upside in exchange for smaller losses.
- 19 of the 24 popular alternatives had a higher capture ratio (upside capture divided by downside capture) than PEG's 1.26, led by ETR, ED and SO.
- ETR took just 14% of the S&P 500's losses, against 41% for PEG, while still keeping 58% of its gains.
Upside capture measures how much of the S&P 500's gains an investment kept in the months the market rose, and downside capture how much of its losses it took in the months the market fell. An investment that captures more of the gains than the losses has compounded ahead of the market over time. This section compares PEG with its popular alternatives on both measures, and on beta (how strongly each has moved with the market), over the past 10 years.
Monthly total returns over the past 10 years, measured against SPY. 100% capture or a beta of 1.00 means moving in line with the S&P 500. Green marks a better figure than PEG's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.
| Investment | Upside capture | Downside capture | Capture ratio | Beta |
|---|---|---|---|---|
| PEG This pagePublic Service Enterprise Group Incorporated | 52% | 41% | 1.26 | 0.52 |
| ETR Entergy Corporation | 58% | 14% | 4.05 | 0.52 |
| ED Consolidated Edison, Inc. | 31% | 9% | 3.54 | 0.21 |
| SO The Southern Company | 41% | 12% | 3.26 | 0.38 |
| DUK Duke Energy Corporation | 35% | 11% | 3.16 | 0.32 |
| WEC WEC Energy Group, Inc. | 41% | 14% | 2.98 | 0.33 |
| EXC Exelon Corporation | 40% | 14% | 2.96 | 0.36 |
| AEP American Electric Power Company, Inc. | 44% | 17% | 2.55 | 0.39 |
| XEL Xcel Energy Inc. | 41% | 16% | 2.47 | 0.34 |
| CMS CMS Energy Corporation | 35% | 16% | 2.25 | 0.27 |
| PWR Quanta Services, Inc. | 141% | 65% | 2.15 | 1.23 |
| AEE Ameren Corporation | 51% | 27% | 1.85 | 0.37 |
| PNW Pinnacle West Capital Corporation | 34% | 19% | 1.77 | 0.37 |
| VST Vistra Corp. | 125% | 74% | 1.69 | 1.13 |
| NEE NextEra Energy, Inc. | 62% | 41% | 1.52 | 0.45 |
| CCJ Cameco Corporation | 124% | 83% | 1.50 | 1.04 |
| LNT Alliant Energy Corporation | 50% | 36% | 1.40 | 0.45 |
| FE FirstEnergy Corp. | 40% | 30% | 1.33 | 0.35 |
| EVRG Evergy, Inc. | 42% | 33% | 1.30 | 0.46 |
| DTE DTE Energy Company | 47% | 37% | 1.27 | 0.50 |
| ES Eversource Energy | 49% | 58% | 0.83 | 0.52 |
| PPL PPL Corporation | 52% | 71% | 0.73 | 0.64 |
| D Dominion Energy, Inc. | 43% | 65% | 0.66 | 0.51 |
| EIX Edison International | 30% | 47% | 0.65 | 0.61 |
| PCG PG&E Corporation | -17% | 68% | -0.25 | 0.78 |
What diversifies PEG?
- Moving a fifth of the money in PEG into FTLS would have cut the portfolio's volatility by 16% over the past 5 years and raised its annual return (+6.6% for PEG alone, +7.5% for the mix).
- Among large ETFs, LVHI, DXJ and DBEF have moved largely independently of PEG over the past 5 years, with correlations of 0.47 or lower, and each still earned a positive 5-year return.
- CLS made money in five of the nine calendar years in which PEG lost money.
Correlation measures how closely two investments move together, on a scale from 1 (in lockstep) through 0 (unrelated) to -1 (in opposite directions). This section lists large ETFs and stocks whose returns have had a low correlation with PEG's. Because such investments tend not to fall at the same time, pairing PEG with them can reduce a portfolio's overall swings.
Only ETFs with at least $1.0B in assets and stocks worth at least $10B, with a correlation below 0.5 over the past 5 years and a positive return, are included, ranked by Sharpe ratio; funds that hold the same thing are shown once. The year columns are the years in which PEG lost money. The last two columns show a portfolio that is 80% PEG and 20% the other investment, rebalanced monthly.
ETFs
| Investment | Correlation | 5Y return | Sharpe | 2025 | 2022 | 2015 | 2012 | 2010 | 2008 | 2002 | 2001 | 1999 | 80/20 mix volatility | 80/20 mix annual return |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PEG Public Service Enterprise Group Incorporated (this page) | 1.00 | +37.6% | 0.41 | −1.9% | −5.1% | −2.8% | −2.9% | −0.1% | −38.6% | −19.3% | −9.0% | −7.9% | 18.5% | +6.6% |
| LVHI InternationalFranklin International Low Volatility High Dividend Index ETF | 0.47 | +119% | 1.48 | +27.1% | +3.8% | — | — | — | — | — | — | — | 15.8% | +8.9% |
| DXJ InternationalWisdomTree Japan Hedged Equity Fund | 0.20 | +220% | 1.32 | +32.8% | +6.0% | +7.7% | +19.6% | −1.8% | −20.8% | — | — | — | 15.5% | +10.7% |
| DBEF InternationalXtrackers MSCI EAFE Hedged Equity ETF | 0.38 | +82.4% | 0.94 | +23.1% | −5.1% | +4.1% | +20.9% | — | — | — | — | — | 15.8% | +8.1% |
| FTLS Broad MarketFirst Trust Long/Short Equity ETF | 0.35 | +58.7% | 0.94 | +9.1% | −5.6% | +4.7% | — | — | — | — | — | — | 15.5% | +7.5% |
| AMLP EnergyAlerian MLP ETF | 0.31 | +120% | 0.93 | +5.8% | +25.5% | −25.7% | +1.9% | — | — | — | — | — | 16.3% | +9.2% |
| IWX Broad MarketiShares Russell Top 200 Value ETF | 0.49 | +80.9% | 0.93 | +18.2% | −5.3% | −3.7% | +16.4% | +10.6% | — | — | — | — | 16.4% | +8.0% |
| XLE EnergyState Street Energy Select Sector SPDR ETF | 0.28 | +177% | 0.93 | +7.9% | +64.4% | −21.5% | +5.2% | +21.9% | −39.0% | −14.8% | −18.2% | +18.1% | 17.1% | +10.5% |
| GLD CommoditiesSPDR Gold Shares | 0.27 | +116% | 0.91 | +63.7% | −0.8% | −10.7% | +6.6% | +29.3% | +4.9% | — | — | — | 16.1% | +8.9% |
Stocks
| Investment | Correlation | 5Y return | Sharpe | 2025 | 2022 | 2015 | 2012 | 2010 | 2008 | 2002 | 2001 | 1999 | 80/20 mix volatility | 80/20 mix annual return |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PEG Public Service Enterprise Group Incorporated (this page) | 1.00 | +37.6% | 0.41 | −1.9% | −5.1% | −2.8% | −2.9% | −0.1% | −38.6% | −19.3% | −9.0% | −7.9% | 18.5% | +6.6% |
| CAH Medical - DistributionCardinal Health, Inc. | 0.31 | +476% | 1.54 | +76.3% | +54.1% | +12.6% | +3.8% | +21.4% | −39.6% | −8.3% | −2.5% | −36.8% | 17.2% | +13.6% |
| MPC Oil & Gas Refining & MarketingMarathon Petroleum Corporation | 0.11 | +644% | 1.37 | +19.2% | +86.6% | +17.4% | +94.3% | — | — | — | — | — | 16.8% | +15.3% |
| MCK Medical - DistributionMcKesson Corporation | 0.29 | +368% | 1.37 | +44.5% | +51.8% | −4.5% | +25.6% | +13.8% | −40.4% | −27.2% | +4.9% | −71.3% | 17.1% | +12.9% |
| CLS Hardware, Equipment & PartsCelestica Inc. | 0.08 | +2,294% | 1.36 | +220% | +1.3% | −6.0% | +11.2% | +2.8% | −20.5% | −65.1% | −25.6% | +350% | 19.9% | +23.6% |
| HWM Aerospace & DefenseHowmet Aerospace Inc. | 0.44 | +604% | 1.35 | +87.9% | +24.2% | −36.3% | +2.9% | −2.8% | −67.4% | −33.1% | +9.8% | +133% | 19.0% | +14.5% |
Common questions
What was PEG's worst drawdown?
PEG's deepest decline since it began trading in 1986 was 54.3%, from May 2001 to October 2002. It took 15 months from the low to climb back to its old high.
What were PEG's best and worst years?
Over 29 full calendar years, PEG's best year was 2007, when it returned 52.1%. Its worst was 2008, with a return of -38.6%.
Is there a better investment than PEG?
Among PEG's popular alternatives, ED, WEC and AEE earned more than PEG with less volatility over the past 5 years. ED returned 13.0% a year at 18.9% volatility, against 6.6% a year at 20.6%. Looking beyond its popular alternatives, ATO (gas utilities) and FTS (electric utilities) earned more than PEG with less volatility over the past 5 years. ATO returned 16.1% a year at 18.4% volatility, against 6.6% a year at 20.6%.
Is PEG more volatile than the S&P 500?
Yes. PEG's volatility over the past 5 years was 20.6%, 1.2 times the S&P 500's 17.2%. Volatility measures how widely returns swing around their average: in roughly two years out of three, PEG's return lands within 20.6% of its average, either way. The higher it is, the rougher the ride and the harder it is to hold through a slump.
What is PEG's Sharpe ratio?
PEG's Sharpe ratio over the past 5 years was 0.41, against 0.73 for the S&P 500, so PEG earned less for each unit of risk than an index fund did. The Sharpe ratio is the return earned above cash for each unit of volatility: two investments with the same return are not equal if one got there with far bigger swings.
How correlated is PEG with the S&P 500?
Over the past 5 years, PEG's monthly returns had a correlation of 0.40 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They often move together: some diversification next to an index fund, but not a cushion. In the table, the correlation column measures each option against PEG instead: the lower it is, the more that option would diversify a PEG holding.
What are the best alternatives to PEG?
Of the 25 popular alternatives we compared, 15 outperformed PEG in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: AEE, SO and WEC.
Did PEG outperform the S&P 500?
PEG finished ahead of the S&P 500 (SPY) in 14 of 29 full calendar years. In 2025, it returned -1.9%, against +17.7% for the index.
How did PEG do in stock market crashes?
PEG fell less than the S&P 500 (SPY) in four of the ten major crashes it has traded through, and further in four. The clearest case was the late-2018 sell-off, when PEG fell 10.8% and the S&P 500 fell 19.3%.
What diversifies PEG?
These had a low correlation with PEG over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.47), DXJ (correlation 0.20) and DBEF (correlation 0.38); among large stocks, CAH (correlation 0.31), MPC (correlation 0.11) and MCK (correlation 0.29). A correlation near zero means the two have moved largely independently.
How we measure
- Short-term periods are 1M, 3M, 6M, YTD, 1Y; long-term periods are 3Y, 5Y, 10Y. An investment outperformed in a period when its total return, with dividends reinvested, was higher than PEG's. Returns within 0.5 points or 3% of PEG's, whichever is larger, count as a tie.
- "Qualified" means outperforming in at least 3 of 5 short-term periods and 2 of 3 long-term periods. "All-weather" means outperforming in every long-term period and all but one short-term period.
- Popular alternatives are the funds and stocks most often compared with this one. We include only those that trade today, are not leveraged or inverse, and hold at least $200 million.
- Volatility is the annualized standard deviation of daily returns over 5 years, a measure of how much the price typically swings in a year. The Sharpe ratio is the return above cash for each unit of that volatility.
- A decline, or drawdown, runs from a peak to the lowest close before the next high. The worst decline ever uses all the price history we have; comparisons between funds use the past 10 years so that younger funds are judged on the same stretch.
- Sector overlap is the share of assets two funds hold in the same sectors. Correlation and the mixed-portfolio figures use monthly returns.
- Upside and downside capture follow Morningstar's definition: the compound monthly return in the months the S&P 500 rose (or fell), divided by the S&P 500's compound return in those months. Beta measures how strongly monthly returns have moved with the S&P 500. All three use the same window for every investment.
- Figures are computed from daily adjusted prices and update after each trading day. Past performance does not predict future results.
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