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Relative Intelligence · Oil & Gas

How Woodside Energy Group (WDS) compares with the whole market and its popular alternatives

Built by QuantCommons' quantitative engine, this page is about relative opportunity, not data on WDS alone. It places WDS (Woodside Energy Group Ltd) 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 WDS stands in the market, and of the alternatives worth a closer look.

Period covered: WDS's full trading record, from September 1995 through September 2026. All returns include reinvested dividends. Data as of October 20, 2026.

Data as of October 20, 2026. Full tables and charts read best on a larger screen.

Rank the market against WDS →Chart WDS vs. 23 alternatives →
On this page12 sections

Key findings

How much would $10,000 in WDS have grown?

This chart tracks a hypothetical $10,000 investment in WDS over the past 29 years, with dividends reinvested, alongside the same amount in the S&P 500, investments that ended ahead of WDS over the same span and WDS'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 September 1997 to the end of September 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. 574 of the 1,042 stocks and funds worth at least $500 million that traded the whole period ended ahead of WDS; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$1,000$10,000$100,000199720022007201220172022$1,000$10,000$100,00019972004201120182025
  • LNG$451,390+4,414% total · +14.0% a year
  • EOG$380,118+3,701% total · +13.4% a year
  • SU$282,795+2,728% total · +12.2% a year
  • COP$156,444+1,464% total · +9.9% a year
  • SPY (S&P 500)$132,907+1,229% total · +9.3% a year
  • TTE$117,617+1,076% total · +8.9% a year
  • WDS$89,397+794% total · +7.8% a year
  • SHEL$63,537+535% total · +6.6% a year
  • BP$36,813+268% total · +4.6% a year
  • APA$33,799+238% total · +4.3% a year
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From the end of September 2021 to the end of September 2026. Hover over a fund in the key to pick out its line. 904 of the 3,628 stocks and funds worth at least $500 million that traded the whole period ended ahead of WDS; the chart shows 5, closest alternatives first. The other 3 lines are popular alternatives, shown for context.

$0$10,000$20,000$30,000$40,000$50,000202120222023202420252026$0$10,000$20,000$30,000$40,000$50,000202120222023202420252026
  • SU$40,398+304% total · +32.2% a year
  • PR$36,604+266% total · +29.6% a year
  • CNQ$33,008+230% total · +27.0% a year
  • LNG$28,953+190% total · +23.7% a year
  • SHEL$25,892+159% total · +21.0% a year
  • EQNR$24,243+142% total · +19.4% a year
  • TTE$23,732+137% total · +18.9% a year
  • BP$20,643+106% total · +15.6% a year
  • SPY (S&P 500)$19,000+90.0% total · +13.7% a year
  • WDS$18,998+90.0% total · +13.7% a year
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WDS at a glance

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
$45B
Industry
Oil & Gas Exploration & Production
Price history from
September 1995

Returns

Past 1 year
+71.5%total return
Past 3 years
+25.5%+7.9% a year
Past 5 years
+85.9%+13.2% a year
Past 10 years
+90.7%+6.7% a year
Best calendar year
+88.1%2005
Worst calendar year
−39.9%2008
Losing years
12 of 29full calendar years

Risk

Volatility
33.5%typical yearly swing, 5 years
Sharpe ratio
0.54return per unit of risk, 5 years
Worst decline ever
−77.6%May 2008 to Mar 2020
From its all-time high
−8.0%below the peak

WDS against the whole market

Where WDS ranks among every stock and fund, and what across the market has done better.

How does WDS rank among all stocks?

This section ranks WDS 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 WDS 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.

MeasureWDSRankStanding
1-year return+71.5%324 of 3,287top 10%
3-year return+25.5%1,937 of 3,017bottom 37%
5-year return+85.9%781 of 2,893top 27%
10-year return+90.7%1,374 of 2,202bottom 39%
Volatility, 5 years33.5%1,029 of 2,893top 36%
Sharpe ratio, 5 years0.54831 of 2,893top 29%
Worst decline, past 10 years−66.1%1,144 of 2,187bottom 49%

What has beaten WDS on both return and risk?

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). WDS sits where the dashed lines cross. Anything in the green box above and to the left earned more than WDS 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 WDS; faint dots are 90 more of the 277 in the green region (the strongest, one per fund family). 3,633 stocks and funds worth at least $500 million were screened. Hover over a dot for its figures.

5.0%10.0%15.0%20.0%25.0%30.0%35.0%40.0%45.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than WDSNEU: +21.0% a year, volatility 26.8%NHC: +32.0% a year, volatility 28.5%ABBV: +26.1% a year, volatility 23.4%MCK: +38.7% a year, volatility 25.0%GILD: +22.8% a year, volatility 24.9%FAST: +15.8% a year, volatility 24.6%CACI: +16.6% a year, volatility 29.9%MSGS: +18.4% a year, volatility 25.6%AVT: +22.1% a year, volatility 30.7%PGR: +21.3% a year, volatility 25.6%CB: +15.7% a year, volatility 20.4%TRV: +22.4% a year, volatility 22.3%COR: +24.2% a year, volatility 22.8%AFL: +19.0% a year, volatility 20.8%RY: +17.3% a year, volatility 18.2%ALL: +17.0% a year, volatility 26.2%PCAR: +17.9% a year, volatility 26.1%DMLP: +21.1% a year, volatility 29.1%CBOE: +21.5% a year, volatility 25.1%ACGL: +20.1% a year, volatility 24.5%CASY: +29.9% a year, volatility 29.3%HEI: +17.3% a year, volatility 27.8%SFL: +17.0% a year, volatility 30.4%HIG: +15.6% a year, volatility 22.0%AAPL: +18.5% a year, volatility 28.0%ATO: +14.9% a year, volatility 18.4%WRB: +18.9% a year, volatility 22.9%IGE: +18.2% a year, volatility 21.9%MUSA: +26.1% a year, volatility 31.2%ORI: +17.0% a year, volatility 22.2%WMT: +20.8% a year, volatility 22.6%PPA: +16.3% a year, volatility 18.9%THG: +14.4% a year, volatility 22.9%AXS: +16.7% a year, volatility 25.2%JPM: +17.3% a year, volatility 24.3%EMLP: +14.9% a year, volatility 14.5%WTM: +15.4% a year, volatility 23.6%DXJ: +26.6% a year, volatility 19.1%LVHI: +17.0% a year, volatility 11.1%COST: +17.4% a year, volatility 22.9%RCBC: +14.6% a year, volatility 27.2%QQQ: +14.5% a year, volatility 23.0%MUFG: +33.2% a year, volatility 29.4%PM: +21.0% a year, volatility 23.4%CSCO: +16.8% a year, volatility 26.1%NVS: +17.1% a year, volatility 20.7%XLE: +22.6% a year, volatility 25.5%RTX: +18.6% a year, volatility 24.3%CHCO: +15.9% a year, volatility 22.8%GS: +19.6% a year, volatility 28.6%MS: +16.0% a year, volatility 28.8%TD: +15.8% a year, volatility 20.0%BFC: +19.0% a year, volatility 27.3%GRMN: +14.8% a year, volatility 31.6%MFG: +33.6% a year, volatility 30.6%TJX: +19.9% a year, volatility 22.3%GLD: +17.7% a year, volatility 18.9%IBM: +16.6% a year, volatility 30.5%VGT: +18.4% a year, volatility 26.0%UBS: +25.4% a year, volatility 30.4%SMFG: +33.7% a year, volatility 29.4%PH: +27.4% a year, volatility 28.8%CTBI: +16.0% a year, volatility 26.0%BHP: +16.6% a year, volatility 31.4%BTI: +18.7% a year, volatility 22.0%VRTX: +22.6% a year, volatility 29.1%MO: +17.8% a year, volatility 21.4%BNY: +22.7% a year, volatility 24.4%CM: +19.2% a year, volatility 21.6%TT: +22.7% a year, volatility 27.7%TRST: +15.5% a year, volatility 26.8%MFC: +22.6% a year, volatility 24.0%GWW: +26.3% a year, volatility 24.9%CCBG: +15.9% a year, volatility 27.5%FBIZ: +23.1% a year, volatility 29.4%TRGP: +41.8% a year, volatility 31.7%HLT: +21.0% a year, volatility 26.8%MNST: +17.2% a year, volatility 24.9%CTAS: +16.5% a year, volatility 23.1%JCI: +17.4% a year, volatility 29.1%CMI: +19.9% a year, volatility 29.0%UNTY: +18.3% a year, volatility 29.6%ORLY: +15.9% a year, volatility 23.4%ROST: +18.1% a year, volatility 29.5%MSI: +14.8% a year, volatility 23.6%E: +23.0% a year, volatility 25.6%ETR: +19.2% a year, volatility 22.4%CCEP: +19.7% a year, volatility 23.2%AME: +14.4% a year, volatility 22.1%DYNF: +14.7% a year, volatility 17.5%WDS: +13.2% a year, volatility 33.5%SPY (S&P 500): +12.7% a year, volatility 17.1%SHEL: +21.0% a year, volatility 24.8%BP: +16.0% a year, volatility 28.7%TTE: +18.0% a year, volatility 25.8%LNG: +23.4% a year, volatility 30.2%SU: +33.1% a year, volatility 32.5%CNQ: +26.5% a year, volatility 32.5%XOM: +27.1% a year, volatility 26.5%CVX: +19.5% a year, volatility 25.2%MPC: +51.2% a year, volatility 33.4%INSW: +56.5% a year, volatility 40.5%PBA: +13.8% a year, volatility 21.5%SRE: +8.1% a year, volatility 23.0%KO: +14.7% a year, volatility 16.8%MRK: +16.3% a year, volatility 24.8%AMGN: +19.6% a year, volatility 24.9%KOF: +22.3% a year, volatility 24.7%V: +12.8% a year, volatility 22.9%CRAK: +19.8% a year, volatility 20.9%GSG: +15.3% a year, volatility 22.9%LLY: +40.7% a year, volatility 32.8%CAH: +42.1% a year, volatility 24.7%WDSSPY (S&P 500)SHELBPTTELNGSUCNQXOMCVXMPCINSWSREKOMRKKOFVCRAKGSGLLYCAH0.0%10.0%20.0%30.0%40.0%50.0%0.0%10.0%20.0%30.0%40.0%50.0%60.0%Volatility over 5 years (annualized)Annual return over 5 yearsMore return, less volatility than WDSNEU: +21.0% a year, volatility 26.8%NHC: +32.0% a year, volatility 28.5%ABBV: +26.1% a year, volatility 23.4%MCK: +38.7% a year, volatility 25.0%GILD: +22.8% a year, volatility 24.9%FAST: +15.8% a year, volatility 24.6%CACI: +16.6% a year, volatility 29.9%MSGS: +18.4% a year, volatility 25.6%AVT: +22.1% a year, volatility 30.7%PGR: +21.3% a year, volatility 25.6%CB: +15.7% a year, volatility 20.4%TRV: +22.4% a year, volatility 22.3%COR: +24.2% a year, volatility 22.8%AFL: +19.0% a year, volatility 20.8%RY: +17.3% a year, volatility 18.2%ALL: +17.0% a year, volatility 26.2%PCAR: +17.9% a year, volatility 26.1%DMLP: +21.1% a year, volatility 29.1%CBOE: +21.5% a year, volatility 25.1%ACGL: +20.1% a year, volatility 24.5%CASY: +29.9% a year, volatility 29.3%HEI: +17.3% a year, volatility 27.8%SFL: +17.0% a year, volatility 30.4%HIG: +15.6% a year, volatility 22.0%AAPL: +18.5% a year, volatility 28.0%ATO: +14.9% a year, volatility 18.4%WRB: +18.9% a year, volatility 22.9%IGE: +18.2% a year, volatility 21.9%MUSA: +26.1% a year, volatility 31.2%ORI: +17.0% a year, volatility 22.2%WMT: +20.8% a year, volatility 22.6%PPA: +16.3% a year, volatility 18.9%THG: +14.4% a year, volatility 22.9%AXS: +16.7% a year, volatility 25.2%JPM: +17.3% a year, volatility 24.3%EMLP: +14.9% a year, volatility 14.5%WTM: +15.4% a year, volatility 23.6%DXJ: +26.6% a year, volatility 19.1%LVHI: +17.0% a year, volatility 11.1%COST: +17.4% a year, volatility 22.9%RCBC: +14.6% a year, volatility 27.2%QQQ: +14.5% a year, volatility 23.0%MUFG: +33.2% a year, volatility 29.4%PM: +21.0% a year, volatility 23.4%CSCO: +16.8% a year, volatility 26.1%NVS: +17.1% a year, volatility 20.7%XLE: +22.6% a year, volatility 25.5%RTX: +18.6% a year, volatility 24.3%CHCO: +15.9% a year, volatility 22.8%GS: +19.6% a year, volatility 28.6%MS: +16.0% a year, volatility 28.8%TD: +15.8% a year, volatility 20.0%BFC: +19.0% a year, volatility 27.3%GRMN: +14.8% a year, volatility 31.6%MFG: +33.6% a year, volatility 30.6%TJX: +19.9% a year, volatility 22.3%GLD: +17.7% a year, volatility 18.9%IBM: +16.6% a year, volatility 30.5%VGT: +18.4% a year, volatility 26.0%UBS: +25.4% a year, volatility 30.4%SMFG: +33.7% a year, volatility 29.4%PH: +27.4% a year, volatility 28.8%CTBI: +16.0% a year, volatility 26.0%BHP: +16.6% a year, volatility 31.4%BTI: +18.7% a year, volatility 22.0%VRTX: +22.6% a year, volatility 29.1%MO: +17.8% a year, volatility 21.4%BNY: +22.7% a year, volatility 24.4%CM: +19.2% a year, volatility 21.6%TT: +22.7% a year, volatility 27.7%TRST: +15.5% a year, volatility 26.8%MFC: +22.6% a year, volatility 24.0%GWW: +26.3% a year, volatility 24.9%CCBG: +15.9% a year, volatility 27.5%FBIZ: +23.1% a year, volatility 29.4%TRGP: +41.8% a year, volatility 31.7%HLT: +21.0% a year, volatility 26.8%MNST: +17.2% a year, volatility 24.9%CTAS: +16.5% a year, volatility 23.1%JCI: +17.4% a year, volatility 29.1%CMI: +19.9% a year, volatility 29.0%UNTY: +18.3% a year, volatility 29.6%ORLY: +15.9% a year, volatility 23.4%ROST: +18.1% a year, volatility 29.5%MSI: +14.8% a year, volatility 23.6%E: +23.0% a year, volatility 25.6%ETR: +19.2% a year, volatility 22.4%CCEP: +19.7% a year, volatility 23.2%AME: +14.4% a year, volatility 22.1%DYNF: +14.7% a year, volatility 17.5%WDS: +13.2% a year, volatility 33.5%SPY (S&P 500): +12.7% a year, volatility 17.1%SHEL: +21.0% a year, volatility 24.8%BP: +16.0% a year, volatility 28.7%TTE: +18.0% a year, volatility 25.8%LNG: +23.4% a year, volatility 30.2%SU: +33.1% a year, volatility 32.5%CNQ: +26.5% a year, volatility 32.5%XOM: +27.1% a year, volatility 26.5%CVX: +19.5% a year, volatility 25.2%MPC: +51.2% a year, volatility 33.4%INSW: +56.5% a year, volatility 40.5%PBA: +13.8% a year, volatility 21.5%SRE: +8.1% a year, volatility 23.0%KO: +14.7% a year, volatility 16.8%MRK: +16.3% a year, volatility 24.8%AMGN: +19.6% a year, volatility 24.9%KOF: +22.3% a year, volatility 24.7%V: +12.8% a year, volatility 22.9%CRAK: +19.8% a year, volatility 20.9%GSG: +15.3% a year, volatility 22.9%LLY: +40.7% a year, volatility 32.8%CAH: +42.1% a year, volatility 24.7%WDSSPY (S&P 500)SHELBPTTELNGSUCNQXOMMPCINSWSREKOMRKKOFCRAKLLYCAH
  • Popular alternatives
  • Same and neighboring categories, and shared themes
  • The whole market
  • Others in the green region

Is there a better investment than WDS?

Investments that beat WDS 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 WDS 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 WDS'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 WDS 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 WDS'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× WDS's volatility counts as better.

These figures cover the past 5 years. Green marks a better figure than WDS's.

Screen the whole market against WDS for any period in BetterThanSPYOpen these 21 in EasyCompare
InvestmentWhy it is betterPast 5 yearsDownsideLong runFit
Annual return?higher is betterVolatility?lower is calmerSharpe?return per unit of riskWorst decline?past 10 years10Y returntotalCorr. with WDS?lower diversifies moreExpenseper year
WDSWoodside Energy Group Ltd · this page
+13.2%33.5%0.54−66.1%+90.7%1.00—
SPYState Street SPDR S&P 500 ETF · S&P 500
+12.7%17.1%0.79−33.7%+321%0.200.09%
Popular alternativesbest 6 shownThe investments people most often weigh against WDS. 14 of 23 passed at least one test.
SHELShell plc · Integrated Oil & Gas
Higher return, lower volatilityHigher return in most periods+21.0%24.8%0.90−67.2%+233%0.62—
BPBP p.l.c. · Integrated Oil & Gas
Higher return, lower volatilityHigher return in most periods+16.0%28.7%0.66−63.9%+141%0.62—
TTETotalEnergies SE · Integrated Oil & Gas
Higher return, lower volatilityHigher Sharpe, smaller worst decline+18.0%25.8%0.78−59.6%+234%0.50—
LNGCheniere Energy, Inc. · Oil & Gas
Higher return, lower volatilityHigher Sharpe, smaller worst decline+23.4%30.2%0.85−57.5%+616%0.48—
SUSuncor Energy Inc. · Integrated Oil & Gas
Higher return, similar volatilityHigher return in most periods+33.1%32.5%1.05−73.5%+295%0.57—
CNQCanadian Natural Resources Limited · Oil & Gas
Higher return, similar volatilityHigher return in most periods+26.5%32.5%0.89−77.5%+433%0.64—
Same and neighboring categories, and shared themesbest 6 shownEverything else in Oil & Gas and the categories next to it (Exploration & Production, Oil & Gas Midstream, Integrated Oil & Gas, Oilfield Services), plus WDS's specific themes. 33 of 63 passed at least one test.
XOMExxonmobil Holdings Corporation · Integrated Oil & Gas
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+27.1%26.5%1.04−61.0%+214%0.59—
CVXChevron Corporation · Integrated Oil & Gas
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+19.5%25.2%0.84−55.8%+238%0.65—
MPCMarathon Petroleum Corporation · Oil & Gas
On the frontierHigher return, similar volatilityHigher return in most periods+51.2%33.4%1.41−79.7%+1,387%0.59—
INSWInternational Seaways, Inc. · Oil & Gas
On the frontierHigher Sharpe, smaller worst declineHigher return in most periods+56.5%40.5%1.31−57.4%—0.37—
PBAPembina Pipeline Corporation · Oil & Gas Midstream
Similar return, lower volatility+13.8%21.5%0.71−70.9%+172%0.45—
SRESempra · Diversified Utilities · Liquefied Natural Gas theme
Smaller losses in recent crashes+8.1%23.0%0.46−45.0%+114%0.37—
The whole marketbest 8 shownEvery other stock and fund worth at least $500 million. 828 of 3,547 passed at least one test.
KOThe Coca-Cola Company · Food & Beverages
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes+14.7%16.8%0.91−37.0%+204%0.33—
MRKMerck & Co., Inc. · Pharmaceuticals
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes+16.3%24.8%0.74−43.4%+241%0.18—
AMGNAmgen Inc. · Biotechnology
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes+19.6%24.9%0.85−24.9%+266%0.32—
KOFCoca-Cola FEMSA, S.A.B. de C.V. · Food & Beverages
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periodsSmaller losses in recent crashes+22.3%24.7%0.94−55.1%+119%0.11—
VVisa Inc. · Payment Processing
Similar return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+12.8%22.9%0.64−36.4%+429%0.19—
CRAKVanEck Oil Refiners ETF · Energy
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+19.8%20.9%0.97−58.8%+336%0.680.61%
GSGiShares S&P GSCI Commodity-Indexed Trust · Commodities
Higher return, lower volatilityHigher Sharpe, smaller worst declineHigher return in most periods+15.3%22.9%0.74−57.6%+144%0.690.75%
LLYEli Lilly and Company · Pharmaceuticals
Higher return, similar volatilityHigher Sharpe, smaller worst declineSmaller losses in recent crashes+40.7%32.8%1.21−34.5%+1,807%-0.17—
What these numbers mean for WDS
Annual return
WDS returned 13.2% a year over the past 5 years with dividends reinvested, against 12.7% a year for the S&P 500. At that pace, $10,000 became about $18,600. 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
WDS's volatility over the past 5 years was 33.5%, about twice the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, WDS's return lands within 33.5% 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
WDS's Sharpe ratio over the past 5 years was 0.54, against 0.79 for the S&P 500, so WDS 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
WDS's worst fall from a peak to a low over the past 10 years was 66.1%, against 33.7% for the S&P 500. Losses and gains are not symmetric: climbing back from a 66.1% fall takes a 195% gain. Guide: Market crash risk and tail risk →
Correlation
Over the past 5 years, WDS's monthly returns had a correlation of 0.20 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against WDS instead: the lower it is, the more that option would diversify a WDS holding. Guide: Correlation and diversification →
Show all 277 stocks and funds worth at least $500 million that earned more than WDS with less volatility

Out of 3,633 tested over 5 years. The strongest 100 are listed, best first, with funds that hold the same thing listed once.

#InvestmentFound inAnnual returnVolatilitySharpeWorst decline10Y returnCorr. with WDSExpense
1
KOThe Coca-Cola Company · Food & Beverages
Whole market+14.7%16.8%0.91−37.0%+204%0.33—
2
MRKMerck & Co., Inc. · Pharmaceuticals
Whole market+16.3%24.8%0.74−43.4%+241%0.18—
3
AMGNAmgen Inc. · Biotechnology
Whole market+19.6%24.9%0.85−24.9%+266%0.32—
4
CAHCardinal Health, Inc. · Health Care Distribution
Whole market+42.1%24.7%1.55−46.1%+349%0.08—
5
KOFCoca-Cola FEMSA, S.A.B. de C.V. · Food & Beverages
Whole market+22.3%24.7%0.94−55.1%+119%0.11—
6
NEUNewMarket Corporation · Specialty Chemicals
Whole market+21.0%26.8%0.85−40.7%+165%0.03—
7
NHCNational HealthCare Corporation · Medical - Care Facilities
Whole market+32.0%28.5%1.12−35.3%+394%0.06—
8
ABBVAbbVie Inc. · Pharmaceuticals
Whole market+26.1%23.4%1.11−45.1%+603%0.11—
9
MCKMcKesson Corporation · Health Care Distribution
Whole market+38.7%25.0%1.44−38.1%+586%0.19—
10
GILDGilead Sciences, Inc. · Biotechnology
Whole market+22.8%24.9%0.95−30.5%+200%0.15—
11
FASTFastenal Company · Industrial Distribution
Whole market+15.8%24.6%0.72−30.7%+576%0.09—
12
XOMExxonmobil Holdings Corporation · Integrated Oil & Gas
Same or nearby category+27.1%26.5%1.04−61.0%+214%0.59—
13
CVXChevron Corporation · Integrated Oil & Gas
Same or nearby category+19.5%25.2%0.84−55.8%+238%0.65—
14
CACICACI International Inc · Business Services
Whole market+16.6%29.9%0.66−42.9%+499%0.20—
15
MSGSMadison Square Garden Sports Corp. · Entertainment
Whole market+18.4%25.6%0.79−41.6%+432%0.19—
16
AVTAvnet, Inc. · Technology Distribution
Whole market+22.1%30.7%0.81−58.4%+173%0.23—
17
PGRThe Progressive Corporation · Property & Casualty Insurance
Whole market+21.3%25.6%0.89−30.3%+816%-0.08—
18
CBChubb Limited · Property & Casualty Insurance
Whole market+15.7%20.4%0.82−42.6%+248%0.29—
19
TRVThe Travelers Companies, Inc. · Property & Casualty Insurance
Whole market+22.4%22.3%1.02−46.3%+347%0.31—
20
CORCencora, Inc. · Health Care Distribution
Whole market+24.2%22.8%1.07−32.4%+406%0.22—
21
AFLAflac Incorporated · Life Insurance
Whole market+19.0%20.8%0.95−54.9%+335%0.28—
22
RYRoyal Bank of Canada · Banks
Whole market+17.3%18.2%0.97−40.0%+352%0.16—
23
ALLThe Allstate Corporation · Property & Casualty Insurance
Whole market+17.0%26.2%0.73−41.4%+356%0.15—
24
PCARPACCAR Inc · Commercial Vehicles
Whole market+17.9%26.1%0.76−37.9%+314%0.34—
25
DMLPDorchester Minerals, L.P. · Oil & Gas Exploration & Production
Whole market+21.1%29.1%0.81−56.8%+435%0.42—
26
CBOECboe Global Markets, Inc. · Capital Markets
Whole market+21.5%25.1%0.91−43.2%+463%0.20—
27
ACGLArch Capital Group Ltd. · Property & Casualty Insurance
Whole market+20.1%24.5%0.87−53.8%+309%0.23—
28
CASYCasey's General Stores, Inc. · Convenience Stores
Whole market+29.9%29.3%1.04−36.1%+537%0.21—
29
HEIHEICO Corporation · Aerospace & Defense
Whole market+17.3%27.8%0.71−57.7%+809%0.10—
30
SFLSFL Corporation Ltd · Marine Shipping
Whole market+17.0%30.4%0.67−55.3%+123%0.48—
31
HIGThe Hartford Insurance Group, Inc. · Property & Casualty Insurance
Whole market+15.6%22.0%0.77−57.6%+294%0.25—
32
AAPLApple Inc. · Computer Hardware
Whole market+18.5%28.0%0.75−38.5%+1,168%0.09—
33
ATOAtmos Energy Corporation · Gas Utilities
Whole market+14.9%18.4%0.85−32.9%+194%0.35—
34
WRBW. R. Berkley Corporation · Property & Casualty Insurance
Whole market+18.9%22.9%0.87−45.3%+443%0.15—
35
CRAKVanEck Oil Refiners ETF · Energy
Whole market+19.8%20.9%0.97−58.8%+336%0.680.61%
36
GSGiShares S&P GSCI Commodity-Indexed Trust · Commodities
Whole market+15.3%22.9%0.74−57.6%+144%0.690.75%
37
IGEiShares North American Natural Resources ETF · Broad Market
Whole market+18.2%21.9%0.88−60.6%+159%0.600.37%
38
MUSAMurphy USA Inc. · Convenience Stores
Whole market+26.1%31.2%0.90−35.5%+706%0.05—
39
ORIOld Republic International Corporation · Property & Casualty Insurance
Whole market+17.0%22.2%0.82−47.8%+349%0.21—
40
WMTWalmart Inc. · Discount Retail
Whole market+20.8%22.6%0.96−25.7%+508%0.17—
41
PPAInvesco Aerospace & Defense ETF · Aerospace & Defense
Whole market+16.3%18.9%0.90−43.9%+344%0.300.58%
42
THGThe Hanover Insurance Group, Inc. · Property & Casualty Insurance
Whole market+14.4%22.9%0.70−40.1%+291%0.14—
43
AXSAXIS Capital Holdings Limited · Property & Casualty Insurance
Whole market+16.7%25.2%0.74−49.3%+137%0.18—
44
JPMJPMorgan Chase & Co. · Banks
Whole market+17.3%24.3%0.78−43.6%+537%0.19—
45
EMLPFirst Trust North American Energy Infrastructure Fund · Energy Infrastructure
Whole market+14.9%14.5%1.04−43.6%+150%0.470.95%
46
WTMWhite Mountains Insurance Group, Ltd. · Insurance
Whole market+15.4%23.6%0.73−40.2%+169%0.34—
47
DXJWisdomTree Japan Hedged Equity Fund · International Equity
Whole market+26.6%19.1%1.34−39.1%+428%0.220.48%
48
LVHIFranklin International Low Volatility High Dividend Index ETF · International Equity
Whole market+17.0%11.1%1.48−32.4%+194%0.420.40%
49
COSTCostco Wholesale Corporation · Discount Retail
Whole market+17.4%22.9%0.82−31.4%+685%0.26—
50
RCBCRiver City Bank · Banks - Regional
Whole market+14.6%27.2%0.64−45.5%+345%0.06—
51
QQQInvesco QQQ Trust, Series 1 · US Large-Cap Growth
Whole market+14.5%23.0%0.71−35.1%+553%0.030.18%
52
MUFGMitsubishi UFJ Financial Group, Inc. · Banks
Whole market+33.2%29.4%1.13−54.9%+483%0.23—
53
PMPhilip Morris International Inc. · Tobacco
Whole market+21.0%23.4%0.94−42.9%+242%0.07—
54
CSCOCisco Systems, Inc. · Communications Equipment
Whole market+16.8%26.1%0.73−42.0%+374%0.15—
55
NVSNovartis AG · Pharmaceuticals
Whole market+17.1%20.7%0.87−26.8%+226%0.20—
56
XLEState Street Energy Select Sector SPDR ETF · Energy Equity
Whole market+22.6%25.5%0.93−66.8%+189%0.650.08%
57
RTXRTX Corporation · Aerospace & Defense
Whole market+18.6%24.3%0.83−52.0%+317%0.31—
58
CHCOCity Holding Company · Banks - Regional
Whole market+15.9%22.8%0.77−32.3%+286%0.26—
59
GSThe Goldman Sachs Group, Inc. · Capital Markets
Whole market+19.6%28.6%0.77−48.8%+521%0.18—
60
MSMorgan Stanley · Capital Markets
Whole market+16.0%28.8%0.66−51.3%+627%0.15—
61
TDThe Toronto-Dominion Bank · Banks
Whole market+15.8%20.0%0.84−42.0%+310%0.14—
62
BFCBank First Corporation · Banks - Regional
Whole market+19.0%27.3%0.78−39.8%+496%0.24—
63
GRMNGarmin Ltd. · Computer Hardware
Whole market+14.8%31.6%0.59−54.6%+670%0.23—
64
MFGMizuho Financial Group, Inc. · Banks
Whole market+33.6%30.6%1.10−45.7%+345%0.21—
65
TJXThe TJX Companies, Inc. · Specialty Retail
Whole market+19.9%22.3%0.93−42.5%+361%0.08—
66
GLDSPDR Gold Shares · Gold
Whole market+17.7%18.9%0.96−26.4%+213%0.060.40%
67
IBMInternational Business Machines Corporation · IT Services
Whole market+16.6%30.5%0.66−41.1%+151%-0.13—
68
VGTVanguard Information Technology ETF · Technology Equity
Whole market+18.4%26.0%0.78−35.1%+779%0.030.09%
69
UBSUBS Group AG · Banks
Whole market+25.4%30.4%0.90−59.8%+374%0.15—
70
SMFGSumitomo Mitsui Financial Group, Inc. · Banks
Whole market+33.7%29.4%1.14−47.6%+474%0.13—
71
PHParker-Hannifin Corporation · Industrial Machinery
Whole market+27.4%28.8%0.99−54.7%+789%0.09—
72
CTBICommunity Trust Bancorp, Inc. · Banks - Regional
Whole market+16.0%26.0%0.70−43.0%+192%0.22—
73
BHPBHP Group Limited · Metals & Mining
Whole market+16.6%31.4%0.65−44.3%+398%0.38—
74
BTIBritish American Tobacco p.l.c. · Tobacco
Whole market+18.7%22.0%0.90−56.1%+98.2%0.27—
75
VRTXVertex Pharmaceuticals Incorporated · Biotechnology
Whole market+22.6%29.1%0.85−41.6%+521%0.03—
76
MOAltria Group, Inc. · Tobacco
Whole market+17.8%21.4%0.88−53.7%+140%0.17—
77
BNYBank of New York Mellon Corp · Banks
Whole market+22.7%24.4%0.97−50.5%+341%0.19—
78
CMCanadian Imperial Bank of Commerce · Banks
Whole market+19.2%21.6%0.93−47.3%+395%0.23—
79
TTTrane Technologies plc · Building Products
Whole market+22.7%27.7%0.88−40.5%+955%-0.02—
80
TRSTTrustCo Bank Corp NY · Banks - Regional
Whole market+15.5%26.8%0.68−49.5%+126%0.27—
81
MFCManulife Financial Corporation · Life Insurance
Whole market+22.6%24.0%0.97−57.5%+373%0.31—
82
GWWW.W. Grainger, Inc. · Industrial Distribution
Whole market+26.3%24.9%1.07−41.6%+654%0.11—
83
CCBGCapital City Bank Group, Inc. · Banks - Regional
Whole market+15.9%27.5%0.68−45.2%+300%0.21—
84
FBIZFirst Business Financial Services, Inc. · Banks - Regional
Whole market+23.1%29.4%0.85−50.2%+307%0.22—
85
TRGPTarga Resources Corp. · Oil & Gas Midstream
Same or nearby category+41.8%31.7%1.27−90.8%+829%0.37—
86
HLTHilton Worldwide Holdings Inc. · Hotels & Resorts
Whole market+21.0%26.8%0.85−50.8%+694%0.29—
87
MNSTMonster Beverage Corporation · Food & Beverages
Whole market+17.2%24.9%0.77−30.4%+285%-0.14—
88
CTASCintas Corporation · Business Services
Whole market+16.5%23.1%0.78−48.4%+808%0.17—
89
JCIJohnson Controls International plc · Building Products
Whole market+17.4%29.1%0.70−46.4%+426%0.20—
90
CMICummins Inc. · Industrial Machinery
Whole market+19.9%29.0%0.77−44.0%+444%0.20—
91
UNTYUnity Bancorp, Inc. · Banks - Regional
Whole market+18.3%29.6%0.72−60.0%+444%0.10—
92
ORLYO'Reilly Automotive, Inc. · Specialty Retail
Whole market+15.9%23.4%0.75−42.0%+393%0.08—
93
ROSTRoss Stores, Inc. · Specialty Retail
Whole market+18.1%29.5%0.71−51.4%+312%0.26—
94
MSIMotorola Solutions, Inc. · Communications Equipment
Whole market+14.8%23.6%0.71−32.8%+625%0.15—
95
EEni S.p.A. · Integrated Oil & Gas
Same or nearby category+23.0%25.6%0.94−61.4%+278%0.65—
96
ETREntergy Corporation · Electric Utilities
Whole market+19.2%22.4%0.90−42.0%+311%0.16—
97
CCEPCoca-Cola Europacific Partners PLC · Food & Beverages
Whole market+19.7%23.2%0.90−48.8%+292%0.07—
98
AMEAMETEK, Inc. · Electronic Instruments
Whole market+14.4%22.1%0.72−42.7%+481%0.10—
99
DYNFiShares U.S. Equity Factor Rotation Active ETF · US Multifactor Equity
Whole market+14.7%17.5%0.87−34.7%—0.150.26%
100
SHELShell plc · Integrated Oil & Gas
Popular alternative+21.0%24.8%0.90−67.2%+233%0.62—

WDS against its popular alternatives

The investments people most often weigh against WDS, compared period by period and year by year.

How do WDS's risk and return compare with its alternatives?

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 WDS, which divides the map into what did better or worse on each measure.

Green points earned more than WDS with less volatility; red points earned less with more. Hover over a point for its figures. Total returns with dividends reinvested, annualized.

15.0%20.0%25.0%30.0%35.0%40.0%45.0%50.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityWDS: 13.2% a year, volatility 33.5%SPY (S&P 500): 12.7% a year, volatility 17.1%CNQ: 26.5% a year, volatility 32.5%SU: 33.1% a year, volatility 32.5%COP: 18.2% a year, volatility 32.6%SHEL: 21.0% a year, volatility 24.8%BP: 16.0% a year, volatility 28.7%EOG: 16.6% a year, volatility 32.3%LNG: 23.4% a year, volatility 30.2%TTE: 18.0% a year, volatility 25.8%DVN: 9.3% a year, volatility 39.9%SLB: 10.0% a year, volatility 37.5%EQNR: 19.2% a year, volatility 34.4%PR: 33.1% a year, volatility 47.1%OVV: 14.8% a year, volatility 44.8%APA: 16.2% a year, volatility 47.6%FANG: 17.6% a year, volatility 36.6%FLNG: 19.0% a year, volatility 38.2%BKR: 19.8% a year, volatility 34.6%GLNG: 29.4% a year, volatility 37.8%EQT: 22.4% a year, volatility 40.9%CHRD: 16.7% a year, volatility 39.1%OXY: 15.2% a year, volatility 37.9%AR: 13.4% a year, volatility 46.7%RRC: 13.3% a year, volatility 43.2%WDSSPY (S&P 500)CNQSUCOPSHELBPEOGLNGTTEDVNSLBEQNRPROVVAPAFANGFLNGBKRGLNGEQTCHRDOXYARRRC10.0%20.0%30.0%40.0%50.0%5.0%10.0%15.0%20.0%25.0%30.0%35.0%Volatility over 5 years (annualized)Annual return over 5 yearsHigher return, lower volatilityLower return, higher volatilityWDS: 13.2% a year, volatility 33.5%SPY (S&P 500): 12.7% a year, volatility 17.1%CNQ: 26.5% a year, volatility 32.5%SU: 33.1% a year, volatility 32.5%COP: 18.2% a year, volatility 32.6%SHEL: 21.0% a year, volatility 24.8%BP: 16.0% a year, volatility 28.7%EOG: 16.6% a year, volatility 32.3%LNG: 23.4% a year, volatility 30.2%TTE: 18.0% a year, volatility 25.8%DVN: 9.3% a year, volatility 39.9%SLB: 10.0% a year, volatility 37.5%EQNR: 19.2% a year, volatility 34.4%PR: 33.1% a year, volatility 47.1%OVV: 14.8% a year, volatility 44.8%APA: 16.2% a year, volatility 47.6%FANG: 17.6% a year, volatility 36.6%FLNG: 19.0% a year, volatility 38.2%BKR: 19.8% a year, volatility 34.6%GLNG: 29.4% a year, volatility 37.8%EQT: 22.4% a year, volatility 40.9%CHRD: 16.7% a year, volatility 39.1%OXY: 15.2% a year, volatility 37.9%AR: 13.4% a year, volatility 46.7%RRC: 13.3% a year, volatility 43.2%WDSSPY (S&P 500)CNQSUCOPSHELBPEOGLNGTTEDVNSLBPROVVAPAFANGFLNGBKRGLNGEQTOXYARRRC
All figures
InvestmentAnnual returnVolatility
SU Suncor Energy Inc.+33.1%32.5%
PR Permian Resources Corporation+33.1%47.1%
GLNG Golar LNG Limited+29.4%37.8%
CNQ Canadian Natural Resources Limited+26.5%32.5%
LNG Cheniere Energy, Inc.+23.4%30.2%
EQT EQT Corporation+22.4%40.9%
SHEL Shell plc+21.0%24.8%
BKR Baker Hughes Company+19.8%34.6%
EQNR Equinor ASA+19.2%34.4%
FLNG FLEX LNG Ltd+19.0%38.2%
COP ConocoPhillips+18.2%32.6%
TTE TotalEnergies SE+18.0%25.8%
FANG Diamondback Energy, Inc.+17.6%36.6%
CHRD Chord Energy Corporation+16.7%39.1%
EOG EOG Resources, Inc.+16.6%32.3%
APA APA Corporation+16.2%47.6%
BP BP p.l.c.+16.0%28.7%
OXY Occidental Petroleum Corporation+15.2%37.9%
OVV Ovintiv Inc.+14.8%44.8%
AR Antero Resources Corporation+13.4%46.7%
RRC Range Resources Corporation+13.3%43.2%
WDS This pageWoodside Energy Group Ltd+13.2%33.5%
SPY S&P 500State Street SPDR S&P 500 ETF+12.7%17.1%
SLB Slb N.V.+10.0%37.5%
DVN Devon Energy Corporation+9.3%39.9%
Open these 25 in EasyCompare

Has WDS consistently beaten its popular alternatives?

This section compares WDS 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 WDS helps separate lasting outperformance from a single strong stretch.

A green cell means the alternative earned more than WDS 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.

InvestmentPeriods outperformed Short termLong termRisk · 5 yearsFund
1M3M6MYTD1Y3Y5Y10YVolatilitylower is calmerSharpehigher is betterWorst declinepast 10 yearsExpenseAssetsOverlapsame sectors
WDS Woodside Energy Group Ltd (this page)—+4.1%+11.8%+7.1%+55.6%+71.5%+25.5%+85.9%+90.7%33.5%0.54−66.1%—$45B—
CNQ QualifiedCanadian Natural Resources Limited5/5 short3/3 longAll-weather+12.2%+24.4%+27.6%+62.5%+87.7%+90.4%+224%+433%32.5%0.89−77.5%—$112B—
EQNR QualifiedEquinor ASA5/5 short3/3 longAll-weather+7.7%+23.4%+29.6%+92.7%+107%+73.2%+141%+416%34.4%0.69−66.8%—$109B—
SU QualifiedSuncor Energy Inc.5/5 short3/3 longAll-weather+16.7%+26.8%+28.9%+75.6%+111%+161%+318%+295%32.5%1.05−73.5%—$93B—
PR QualifiedPermian Resources Corporation5/5 short3/3 longAll-weather+13.1%+23.3%+28.6%+76.5%+108%+86.6%+317%+99.2%47.1%0.85−98.9%—$21B—
COP QualifiedConocoPhillips3/5 short3/3 long+14.4%+27.0%+27.1%+54.3%+72.9%+28.5%+131%+379%32.6%0.68−70.7%—$175B—
SHEL QualifiedShell plc3/5 short3/3 long+13.2%+23.5%+22.1%+43.7%+50.3%+77.1%+159%+233%24.8%0.90−67.2%—$301B—
BP QualifiedBP p.l.c.3/5 short3/3 long+14.4%+19.0%+12.1%+43.0%+56.3%+46.5%+110%+141%28.7%0.66−63.9%—$130B—
EOG QualifiedEOG Resources, Inc.3/5 short3/3 long+12.4%+12.7%+24.0%+51.9%+53.1%+31.9%+115%+131%32.3%0.64−77.1%—$83B—
OVV QualifiedOvintiv Inc.5/5 short2/3 long+16.8%+22.2%+32.8%+76.3%+98.3%+52.5%+99.6%+56.0%44.8%0.54−96.8%—$19B—
APA QualifiedAPA Corporation5/5 short2/3 long+13.9%+44.2%+40.6%+101%+130%+31.9%+111%+0.9%47.6%0.56−93.5%—$17B—
FANG Oil & Gas Exploration & ProductionDiamondback Energy, Inc.2/5 short3/3 long+6.9%+4.2%+11.6%+35.1%+46.8%+35.7%+125%+160%36.6%0.63−88.7%—$57B—
LNG Oil & Gas MidstreamCheniere Energy, Inc.1/5 short3/3 long+3.0%+7.2%+12.8%+44.3%+29.3%+69.8%+186%+616%30.2%0.85−57.5%—$59B—
TTE Oil & Gas IntegratedTotalEnergies SE1/5 short3/3 long+1.2%+12.8%+5.7%+40.3%+55.2%+60.5%+129%+234%25.8%0.78−59.6%—$201B—
FLNG Marine ShippingFLEX LNG Ltd0/5 short3/3 long−13.8%−7.3%−7.2%+21.0%+21.6%+27.6%+139%+303%38.2%0.65−79.6%—$1.5B—
BKR Oil & Gas Equipment & ServicesBaker Hughes Company0/5 short3/3 long−3.8%+1.3%−5.3%+19.3%+22.1%+70.1%+146%+248%34.6%0.70−73.5%—$55B—
GLNG Oil & Gas MidstreamGolar LNG Limited0/5 short3/3 long−12.8%−9.4%−13.9%+19.8%+19.2%+108%+262%+117%37.8%0.87−86.3%—$4.6B—
EQT Oil & Gas Exploration & ProductionEQT Corporation1/5 short2/3 long+9.4%+12.1%−3.3%+3.4%−1.8%+35.0%+175%+69.1%40.9%0.70−87.5%—$34B—
CHRD Oil & Gas Exploration & ProductionChord Energy Corporation5/5 short1/3 long+9.2%+19.2%+21.9%+65.3%+77.0%+4.9%+117%—39.1%0.59−53.9%—$8.3B—
OXY Oil & Gas Exploration & ProductionOccidental Petroleum Corporation3/5 short1/3 long+9.9%+14.5%+16.6%+50.6%+56.4%+2.0%+103%+11.6%37.9%0.56−88.4%—$63B—
AR Oil & Gas Exploration & ProductionAntero Resources Corporation2/5 short1/3 long+14.3%+16.9%+6.2%+13.5%+21.9%+38.8%+87.2%+42.8%46.7%0.50−97.5%—$12B—
RRC Oil & Gas Exploration & ProductionRange Resources Corporation2/5 short1/3 long+15.4%+19.3%+6.6%+24.5%+18.7%+30.6%+86.3%+20.8%43.2%0.51−94.9%—$10B—
DVN Oil & Gas Exploration & ProductionDevon Energy Corporation3/5 short0/3 long+5.9%+15.8%+13.6%+35.6%+61.8%+15.0%+56.0%+69.6%39.9%0.42−88.5%—$55B—
SLB Oil & Gas Equipment & ServicesSlb N.V.0/5 short0/3 long−3.4%+8.3%−3.3%+26.4%+53.2%−7.2%+60.7%−21.3%37.5%0.44−84.5%—$74B—
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How did WDS do year by year?

This table shows each investment's total return in every full calendar year since 1997, along with where WDS ranked among its popular alternatives each year. Annual results reveal how consistently each one kept pace with WDS 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 WDS; gray means the two finished within a fraction of a point. The rank row places WDS among the alternatives that traded the full year; dark green is the top quarter and red the bottom quarter.

InvestmentYears ahead of WDS20252024202320222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997
WDS This pageWoodside Energy Group Ltd—+6.9%−20.7%−4.6%+67.7%−6.6%−24.0%+14.5%−9.6%+19.4%+11.4%−26.7%−5.7%+2.9%+17.4%−25.7%+6.3%+65.7%−39.9%+52.1%+7.5%+88.1%+45.1%+73.2%+3.3%−7.4%+13.3%+76.5%−37.5%−3.2%
Rank among alternativesTop quarter in 6 of 2912 of 2420 of 2420 of 247 of 2424 of 2410 of 236 of 238 of 238 of 2217 of 2110 of 2110 of 2117 of 203 of 1918 of 1912 of 195 of 1912 of 196 of 1913 of 194 of 198 of 194 of 1911 of 187 of 1611 of 151 of 1510 of 1512 of 15
SPY S&P 500State Street SPDR S&P 500 ETF18 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%
CNQ Canadian Natural Resources Limited14 of 25+15.5%−1.3%+23.7%+39.9%+83.3%−19.1%+39.6%−28.9%+15.0%+51.6%−27.4%−6.8%+19.1%−21.7%−15.2%+24.4%+81.4%−44.9%+38.1%+7.6%+133%+71.3%+72.2%+24.3%−10.9%————
EQNR Equinor ASA12 of 24+7.7%−16.0%−0.8%+42.9%+64.6%−13.6%−1.0%+3.4%+23.4%+38.3%−16.6%−22.5%+1.4%+2.1%+12.7%−0.1%+57.8%−43.2%+22.8%+22.0%+51.4%+45.6%+43.8%+31.8%—————
SU Suncor Energy Inc.16 of 29+29.7%+16.2%+6.0%+32.3%+55.0%−46.6%+22.1%−21.3%+15.8%+31.2%−16.3%−7.0%+8.6%+16.2%−23.8%+9.9%+82.6%−64.0%+38.4%+25.4%+79.0%+42.3%+61.2%−3.9%+29.7%+25.1%+42.2%−11.2%+68.4%
PR Permian Resources Corporation3 of 9+1.9%+10.8%+49.5%+57.7%+299%−67.6%−58.0%−44.4%+0.4%————————————————————
COP ConocoPhillips14 of 29−2.3%−12.2%+2.0%+72.2%+87.1%−36.0%+6.6%+15.6%+11.9%+10.1%−29.0%+1.5%+27.1%+8.0%+11.0%+38.6%+2.8%−39.9%+25.4%+26.5%+36.9%+35.6%+39.8%−17.5%+8.6%+24.2%+13.6%−9.8%+13.1%
SHEL Shell plc15 of 29+22.2%−0.9%+20.2%+36.0%+28.4%−37.4%+7.7%−7.5%+31.0%+28.2%−27.1%−1.3%+9.0%−0.9%+14.8%+17.6%+20.9%−34.2%+23.5%+19.3%+12.8%+14.4%+24.5%−7.3%−17.1%+2.4%+29.8%−9.0%+30.7%
BP BP p.l.c.13 of 29+24.5%−11.9%+6.0%+37.0%+36.4%−41.3%+5.9%−4.6%+20.0%+28.8%−12.8%−17.6%+22.8%+2.0%+0.5%−22.7%+32.9%−32.5%+13.2%+8.0%+13.6%+22.2%+26.4%−9.5%−0.1%−17.1%+33.8%+17.8%+16.5%
EOG EOG Resources, Inc.14 of 29−11.4%+4.3%−2.0%+56.9%+88.6%−38.6%−2.8%−18.7%+7.5%+44.0%−22.5%+10.3%+39.7%+23.4%+8.5%−5.5%+47.4%−25.0%+43.6%−14.6%+106%+55.3%+16.1%+2.5%−28.1%+212%+2.5%−18.0%−15.5%
OVV Ovintiv Inc.7 of 24−0.3%−5.2%−10.9%+53.3%+138%−34.8%−17.6%−56.4%+14.2%+132%−62.1%−22.0%−5.2%+10.8%−34.3%−7.8%+697%−28.6%+51.8%+3.3%+60.1%+47.1%+29.4%+22.0%—————
APA APA Corporation13 of 29+11.5%−33.5%−21.2%+76.4%+90.7%−43.7%+1.1%−36.4%−32.2%+45.7%−27.7%−26.3%+10.5%−12.7%−23.6%+16.3%+39.5%−30.2%+62.9%−2.3%+36.2%+25.4%+50.3%+15.2%−21.2%+90.5%+47.1%−27.2%+0.7%
FANG Diamondback Energy, Inc.8 of 13−5.6%+10.3%+19.7%+35.4%+127%−46.0%+0.9%−26.4%+24.9%+51.1%+11.9%+13.0%+177%————————————————
LNG Cheniere Energy, Inc.14 of 29−8.7%+27.2%+15.0%+49.3%+69.5%−1.7%+3.2%+9.9%+29.9%+11.2%−47.1%+63.3%+130%+116%+57.5%+128%−15.1%−91.3%+13.0%−22.4%+16.9%+444%+815%+28.0%−58.6%−16.1%−27.9%−51.5%−48.1%
TTE TotalEnergies SE16 of 29+27.6%−14.7%+14.1%+34.9%+26.0%−16.6%+10.3%−0.8%+14.3%+20.0%−7.0%−12.1%+25.0%+8.0%+1.7%−11.3%+22.6%−29.8%+18.9%+21.3%+18.8%+22.6%+33.4%+4.0%−1.3%+6.5%+41.6%−9.2%+41.4%
FLNG FLEX LNG Ltd6 of 8+22.5%−11.6%−1.2%+56.4%+202%−17.2%−25.6%+2.1%—————————————————————
BKR Baker Hughes Company16 of 29+13.4%+23.2%+18.6%+26.0%+19.0%−15.2%+23.0%−30.4%+25.1%+43.7%−16.3%+3.0%+37.8%−14.4%−13.9%+43.8%+29.0%−59.9%+9.6%+24.0%+44.3%+35.2%+2.0%−9.8%−10.7%+102%+22.7%−58.8%+28.7%
GLNG Golar LNG Limited12 of 23−9.8%+90.8%+4.4%+83.9%+28.5%−32.1%−33.7%−26.0%+31.0%+46.8%−54.1%+4.6%+2.5%−12.9%+207%+28.0%+89.8%−66.8%+98.1%−3.5%−11.0%+4.5%+122%——————
EQT EQT Corporation15 of 29+17.6%+21.4%+16.2%+57.6%+71.6%+17.3%−41.9%−38.7%−12.8%+25.7%−31.1%−15.6%+52.5%+9.4%+24.2%+4.3%+34.0%−35.9%+29.9%+16.4%+24.0%+45.4%+25.5%+5.0%+3.7%+105%+19.0%−14.3%+23.8%
CHRD Chord Energy Corporation2 of 5−16.4%−25.0%+31.8%+34.1%+261%————————————————————————
OXY Occidental Petroleum Corporation15 of 29−14.9%−15.9%−4.1%+119%+67.7%−56.6%−28.3%−13.1%+8.5%+9.8%−12.7%−8.9%+27.8%−16.1%−2.6%+22.7%+38.4%−20.7%+60.2%+24.2%+39.2%+41.3%+53.1%+11.0%+13.4%+17.7%+35.7%−39.8%+30.3%
AR Antero Resources Corporation4 of 12−1.7%+54.5%−26.8%+77.1%+221%+91.2%−69.7%−50.6%−19.7%+8.5%−46.3%−36.0%—————————————————
RRC Range Resources Corporation13 of 29−1.0%+19.3%+23.0%+41.1%+166%+38.1%−48.7%−43.6%−50.2%+40.0%−53.8%−36.5%+34.5%+1.7%+38.1%−9.5%+45.5%−32.8%+87.7%+4.6%+93.7%+117%+75.0%+18.7%−33.7%+115%−6.3%−78.2%−4.6%
DVN Devon Energy Corporation14 of 29+15.0%−25.2%−21.8%+50.9%+196%−35.2%+16.7%−45.1%−8.8%+45.0%−46.6%+0.4%+20.7%−15.0%−20.3%+7.8%+13.1%−25.6%+33.5%+8.1%+61.6%+36.7%+25.4%+19.3%−36.4%+86.3%+7.8%−19.8%+11.3%
SLB Slb N.V.14 of 29+3.3%−24.5%−0.8%+81.1%+39.6%−43.8%+17.8%−44.7%−18.5%+23.5%−16.3%−3.6%+32.1%+3.0%−17.2%+30.0%+56.2%−56.5%+57.1%+31.1%+46.6%+23.8%+32.0%−22.2%−30.3%+43.9%+34.9%−41.6%+63.2%
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Risk and diversification

How WDS 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 WDS's worst declines?

A drawdown is the decline from a peak to the lowest point before a new high. This section presents WDS's five deepest drawdowns since it began trading in 1995, 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 WDS fell less than the S&P 500 over the same dates. Based on daily closing prices with dividends reinvested.

DuringWDS fellS&P 500, same datesPeakLowTime to the lowBack at the peakTime to recover
2008 financial crisis−77.6%+99.7%May 2008Mar 202011.8 yearsNot yet—
No named crash−57.5%+33.1%May 1997Aug 199815 monthsJun 20012.8 years
Dot-com bust−28.5%−16.0%Jun 2001Sep 20013 monthsMay 200320 months
No named crash−27.1%−0.2%May 2006Sep 20064 monthsMay 20078 months
2008 financial crisis−26.4%−14.7%Oct 2007Jan 20083 monthsFeb 20081 month

How did WDS do in stock market crashes?

This section measures how far WDS, 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 WDS.

InvestmentHeld up better2023 regional bank crisisMar 20232022 bear marketJan 2022Covid crashFeb 2020Late-2018 sell-offSep 2018February 2018 volatility shockFeb 20182015 China and oil sell-offAug 20152011 euro debt crisisJul 20112010 flash crashMay 20102008 financial crisisOct 2007Dot-com bustMar 2000
WDS This pageWoodside Energy Group Ltd—−4.2%−21.4%−59.8%−26.2%−9.8%−29.3%−31.3%−2.0%−74.5%−28.5%
SPY S&P 500State Street SPDR S&P 500 ETF7 of 10−3.4%−24.5%−33.7%−19.3%−6.5%−12.8%−17.9%−1.5%−55.2%−47.5%
CNQ Canadian Natural Resources Limited1 of 9−5.8%−32.2%−74.4%−32.1%−11.7%−38.1%−36.9%−0.2%−74.8%—
EQNR Equinor ASA6 of 9−2.8%−24.5%−49.0%−29.1%−4.4%−34.9%−19.9%−1.0%−68.4%—
SU Suncor Energy Inc.3 of 10−6.4%−36.6%−65.3%−34.0%−7.0%−34.7%−42.2%−0.2%−79.9%−25.4%
PR Permian Resources Corporation1 of 5−8.2%−44.3%−90.1%−55.9%−7.9%—————
COP ConocoPhillips3 of 10−6.1%−33.0%−61.8%−28.3%−9.4%−43.4%−19.0%−0.8%−62.4%−31.7%
SHEL Shell plc5 of 10−3.7%−25.0%−57.0%−19.1%−6.3%−35.9%−19.6%−2.6%−53.7%−36.2%
BP BP p.l.c.6 of 10−4.2%−23.9%−55.5%−20.9%−5.0%−22.9%−23.9%−2.5%−53.4%−31.1%
EOG EOG Resources, Inc.1 of 10−7.4%−33.4%−61.5%−37.3%−11.3%−31.7%−35.8%−1.5%−68.0%−52.7%
OVV Ovintiv Inc.2 of 9−9.6%−36.5%−86.4%−62.0%−11.9%−63.3%−38.5%−0.1%−63.9%—
APA APA Corporation1 of 10−10.3%−40.1%−84.9%−48.2%−13.1%−36.1%−40.5%−2.5%−64.8%−47.1%
FANG Diamondback Energy, Inc.0 of 6−7.7%−33.5%−80.3%−38.7%−9.8%−29.3%————
LNG Cheniere Energy, Inc.6 of 10−1.3%−17.8%−46.1%−21.3%−5.1%−66.5%−62.4%0.0%−97.7%−84.4%
TTE TotalEnergies SE7 of 10−4.5%−24.6%−49.3%−22.2%−5.4%−21.5%−26.0%−2.1%−50.8%−25.1%
FLNG FLEX LNG Ltd4 of 6−5.5%−27.8%−52.3%−11.3%0.0%−27.2%————
BKR Baker Hughes Company2 of 10−10.5%−46.5%−55.2%−39.0%−14.6%−33.1%−44.2%−3.4%−73.2%−47.8%
GLNG Golar LNG Limited4 of 9−4.1%−23.6%−46.9%−27.7%−6.3%−75.1%−29.1%0.0%−89.3%—
EQT EQT Corporation3 of 10−5.9%−36.4%−36.4%−36.6%−11.9%−39.3%−24.4%−2.1%−69.3%−31.6%
CHRD Chord Energy Corporation0 of 2−5.9%−35.8%————————
OXY Occidental Petroleum Corporation4 of 10−4.6%−22.9%−76.8%−30.5%−7.3%−21.4%−36.1%0.0%−58.1%−28.4%
AR Antero Resources Corporation2 of 6−8.4%−40.3%−56.2%−53.4%−8.9%−31.6%————
RRC Range Resources Corporation4 of 10−5.4%−35.8%−40.6%−48.9%−7.8%−47.4%−21.8%−5.1%−64.1%−42.2%
DVN Devon Energy Corporation1 of 10−8.3%−33.6%−75.9%−49.4%−13.4%−55.2%−36.6%−2.3%−68.6%−52.9%
SLB Slb N.V.2 of 10−8.8%−36.8%−64.9%−43.6%−10.9%−27.1%−38.9%−3.8%−68.0%−59.8%
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How closely does WDS move with the S&P 500?

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 WDS 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 WDS's: more upside, less downside or a higher capture ratio. Sorted by capture ratio.

InvestmentUpside captureDownside captureCapture ratioBeta
WDS This pageWoodside Energy Group Ltd72%101%0.710.91
LNG Cheniere Energy, Inc.79%30%2.650.77
EQNR Equinor ASA79%52%1.510.62
SHEL Shell plc60%43%1.400.45
TTE TotalEnergies SE69%57%1.220.51
COP ConocoPhillips94%92%1.020.91
CNQ Canadian Natural Resources Limited110%109%1.011.13
SU Suncor Energy Inc.90%90%1.000.96
GLNG Golar LNG Limited67%67%0.990.47
BP BP p.l.c.58%62%0.940.51
BKR Baker Hughes Company127%160%0.791.37
FANG Diamondback Energy, Inc.108%148%0.731.54
EOG EOG Resources, Inc.92%135%0.691.17
EQT EQT Corporation62%101%0.610.90
PR Permian Resources Corporation139%234%0.593.38
DVN Devon Energy Corporation118%199%0.591.80
OVV Ovintiv Inc.131%228%0.582.14
AR Antero Resources Corporation80%142%0.562.44
OXY Occidental Petroleum Corporation80%155%0.511.24
RRC Range Resources Corporation63%123%0.511.48
APA APA Corporation124%246%0.502.54
SLB Slb N.V.104%212%0.491.54
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What diversifies WDS?

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 WDS's. Because such investments tend not to fall at the same time, pairing WDS 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 WDS lost money. The last two columns show a portfolio that is 80% WDS and 20% the other investment, rebalanced monthly.

ETFs

InvestmentCorrelation5Y returnSharpe20242023202120202018201520142011200820011998199780/20 mix volatility80/20 mix annual return
WDS Woodside Energy Group Ltd (this page)1.00+85.9%0.54−20.7%−4.6%−6.6%−24.0%−9.6%−26.7%−5.7%−25.7%−39.9%−7.4%−37.5%−3.2%29.6%+13.7%
LVHI InternationalFranklin International Low Volatility High Dividend Index ETF0.42+119%1.48+15.9%+17.4%+17.8%−9.0%−5.2%———————24.6%+14.9%
DXJ InternationalWisdomTree Japan Hedged Equity Fund0.22+225%1.34+29.8%+42.0%+18.0%+3.9%−19.8%+7.7%+8.1%−16.1%−20.8%———24.4%+17.0%
EMLP Broad MarketFirst Trust North American Energy Infrastructure Fund0.47+101%1.04+33.4%+8.0%+23.1%−13.4%−8.7%−25.3%+23.8%—————25.2%+14.6%
HDV Dividend & IncomeiShares Core High Dividend ETF0.49+83.3%1.00+14.1%+1.8%+19.6%−6.5%−3.0%−0.3%+12.6%—————25.2%+13.9%
SMH TechnologyVanEck Semiconductor ETF-0.04+323%0.97+39.1%+73.4%+42.1%+55.5%−9.1%−0.3%+30.2%+6.8%−44.7%−14.6%——24.4%+20.0%
DBEF InternationalXtrackers MSCI EAFE Hedged Equity ETF0.22+85.0%0.96+13.4%+20.1%+19.6%+2.1%−9.5%+4.1%+3.4%—————24.3%+14.4%
GLD CommoditiesSPDR Gold Shares0.06+126%0.96+26.7%+12.7%−4.2%+24.8%−1.9%−10.7%−2.2%+9.6%+4.9%———24.1%+15.6%
SPMO Broad MarketInvesco S&P 500 Momentum ETF-0.01+136%0.93+45.8%+17.6%+22.7%+28.2%−0.9%———————24.0%+16.3%

Stocks

InvestmentCorrelation5Y returnSharpe20242023202120202018201520142011200820011998199780/20 mix volatility80/20 mix annual return
WDS Woodside Energy Group Ltd (this page)1.00+85.9%0.54−20.7%−4.6%−6.6%−24.0%−9.6%−26.7%−5.7%−25.7%−39.9%−7.4%−37.5%−3.2%29.6%+13.7%
CAH Medical - DistributionCardinal Health, Inc.0.08+479%1.55+19.0%+34.1%−0.4%+10.1%−24.5%+12.6%+23.0%+8.1%−39.6%−2.5%+51.7%+29.1%24.7%+19.4%
CLS Hardware, Equipment & PartsCelestica Inc.0.14+3,143%1.47+215%+160%+37.9%−2.4%−16.3%−6.0%+12.9%−24.4%−20.5%−25.6%——27.9%+32.2%
FIX Engineering & ConstructionComfort Systems USA, Inc.0.07+1,636%1.46+107%+79.6%+89.0%+6.7%+0.8%+67.7%−10.4%−17.0%−15.2%+73.7%−9.5%—25.9%+28.4%
MCK Medical - DistributionMcKesson Corporation0.19+413%1.44+23.7%+24.1%+44.2%+27.1%−28.4%−4.5%+29.3%+11.8%−40.4%+4.9%+46.9%+96.3%25.1%+18.7%
HWM Aerospace & DefenseHowmet Aerospace Inc.0.20+594%1.36+103%+37.8%+11.7%−7.2%−37.5%−36.3%+50.9%−42.9%−67.4%+9.8%+7.0%+11.8%26.0%+21.6%
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Common questions

What was WDS's worst drawdown?

WDS's deepest decline since it began trading in 1995 was 77.6%, from May 2008 to March 2020. It has not yet climbed back to that peak.

What were WDS's best and worst years?

Over 29 full calendar years, WDS's best year was 2005, when it returned 88.1%. Its worst was 2008, with a return of -39.9%.

Is there a better investment than WDS?

Among WDS's popular alternatives, SHEL, BP and TTE earned more than WDS with less volatility over the past 5 years. SHEL returned 21.0% a year at 24.8% volatility, against 13.2% a year at 33.5%. Looking beyond its popular alternatives, XOM (integrated oil & gas) and CVX (integrated oil & gas) earned more than WDS with less volatility over the past 5 years. XOM returned 27.1% a year at 26.5% volatility, against 13.2% a year at 33.5%.

Is WDS more volatile than the S&P 500?

Yes. WDS's volatility over the past 5 years was 33.5%, about twice the S&P 500's 17.1%. Volatility measures how widely returns swing around their average: in roughly two years out of three, WDS's return lands within 33.5% 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 WDS's Sharpe ratio?

WDS's Sharpe ratio over the past 5 years was 0.54, against 0.79 for the S&P 500, so WDS 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 WDS with the S&P 500?

Over the past 5 years, WDS's monthly returns had a correlation of 0.20 with the S&P 500. Correlation runs from 1 (moving in lockstep) through 0 (unrelated) to −1 (moving in opposite directions). They are only loosely linked, which makes it a real diversifier next to an index fund. In the table, the correlation column measures each option against WDS instead: the lower it is, the more that option would diversify a WDS holding.

What are the best alternatives to WDS?

Of the 23 popular alternatives we compared, ten outperformed WDS in at least 3 of 5 short-term and 2 of 3 long-term timeframes, with dividends reinvested: CNQ, EQNR and SU.

Did WDS outperform the S&P 500?

WDS finished ahead of the S&P 500 (SPY) in 11 of 29 full calendar years. In 2025, it returned +6.9%, against +17.7% for the index.

How did WDS do in stock market crashes?

WDS fell less than the S&P 500 (SPY) in two of the ten major crashes it has traded through, and further in seven. The clearest case was the Covid crash, when WDS fell 59.8% and the S&P 500 fell 33.7%.

What diversifies WDS?

These had a low correlation with WDS over the past 5 years and still earned a positive 5-year return: among large ETFs, LVHI (correlation 0.42), DXJ (correlation 0.22) and EMLP (correlation 0.47); among large stocks, CAH (correlation 0.08), CLS (correlation 0.14) and FIX (correlation 0.07). A correlation near zero means the two have moved largely independently.

How we measure

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Popular alternatives to WDS