AA vs. DE
AA (Alcoa Corporation) and DE (Deere & Company) are both stocks. AA operates in Aluminum (Basic Materials), while DE operates in Farm & Heavy Construction Machinery (Industrials). Over the past 5 years, AA returned 15.22%/yr vs 11.88%/yr for DE. At a 0.40 correlation, their price movements are largely independent.
Performance
AA vs. DE - Performance Comparison
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Returns By Period
In the year-to-date period, AA achieves a 38.65% return, which is significantly higher than DE's 23.58% return.
AA
- 1D
- 2.16%
- 1M
- 16.43%
- YTD
- 38.65%
- 6M
- 65.72%
- 1Y
- 164.65%
- 3Y*
- 29.24%
- 5Y*
- 15.22%
- 10Y*
- —
DE
- 1D
- -1.68%
- 1M
- -0.21%
- YTD
- 23.58%
- 6M
- 23.80%
- 1Y
- 11.77%
- 3Y*
- 16.44%
- 5Y*
- 11.88%
- 10Y*
- 22.92%
AA vs. DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 38.65% | 42.46% | 12.43% | -24.33% | -23.12% | 159.05% | 7.16% | -19.07% | -50.66% | 91.84% |
DE Deere & Company | 23.58% | 11.39% | 7.56% | -5.48% | 26.59% | 28.86% | 57.96% | 18.30% | -2.90% | 54.83% |
Correlation
The correlation between AA and DE is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016 | 0.40 |
Over the past year, the correlation between AA and DE has dropped to 0.17 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
Fundamentals
AA:
$3.92
DE:
$17.76
AA:
18.74
DE:
32.31
AA:
0.05
DE:
7.59
AA:
1.52
DE:
3.38
AA:
$12.66B
DE:
$46.01B
AA:
$948.00M
DE:
$16.40B
AA:
$1.70B
DE:
$11.54B
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Return for Risk
AA vs. DE — Risk / Return Rank
AA
DE
AA vs. DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alcoa Corporation (AA) and Deere & Company (DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AA | DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.71 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.10 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 10.49 | 0.59 | +9.90 |
| Martin ratioReturn relative to average drawdown | 25.51 | 1.25 | +24.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AA | DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.11 | 0.40 | +2.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.41 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.76 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.39 | -0.14 |
Drawdowns
AA vs. DE - Drawdown Comparison
The maximum AA drawdown since its inception was -90.90%, which is greater than DE's maximum drawdown of -73.27%. Use the drawdown chart below to compare losses from any high point for AA and DE.
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Drawdown Indicators
| AA | DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.90% | -73.27% | -17.63% |
Max Drawdown (1Y)Largest decline over 1 year | -15.80% | -19.90% | +4.10% |
Max Drawdown (3Y)Largest decline over 3 years | -52.25% | -21.59% | -30.66% |
Max Drawdown (5Y)Largest decline over 5 years | -75.46% | -33.81% | -41.65% |
Max Drawdown (10Y)Largest decline over 10 years | — | -37.91% | — |
Current DrawdownCurrent decline from peak | -19.12% | -13.16% | -5.96% |
Average DrawdownAverage peak-to-trough decline | -46.18% | -18.62% | -27.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.48% | 9.43% | -2.95% |
Volatility
AA vs. DE - Volatility Comparison
Alcoa Corporation (AA) has a higher volatility of 18.33% compared to Deere & Company (DE) at 10.22%. This indicates that AA's price experiences larger fluctuations and is considered to be riskier than DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AA | DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.33% | 10.22% | +8.11% |
Volatility (6M)Calculated over the trailing 6-month period | 39.63% | 24.32% | +15.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 53.40% | 29.89% | +23.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 56.08% | 29.38% | +26.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.59% | 30.39% | +25.20% |
Dividends
AA vs. DE - Dividend Comparison
AA's dividend yield for the trailing twelve months is around 0.54%, less than DE's 1.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AA Alcoa Corporation | 0.54% | 0.75% | 1.06% | 1.18% | 0.88% | 0.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 0.00% |
DE Deere & Company | 1.13% | 1.39% | 1.42% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% |
Financials
AA vs. DE - Financials Comparison
This section allows you to compare key financial metrics between Alcoa Corporation and Deere & Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
AA vs. DE - Profitability Comparison
AA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a gross profit of 0.00 and revenue of 3.19B. Therefore, the gross margin over that period was 0.0%.
DE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a gross profit of 3.33B and revenue of 9.61B. Therefore, the gross margin over that period was 34.7%.
AA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported an operating income of 0.00 and revenue of 3.19B, resulting in an operating margin of 0.0%.
DE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported an operating income of 1.56B and revenue of 9.61B, resulting in an operating margin of 16.2%.
AA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Alcoa Corporation reported a net income of 425.00M and revenue of 3.19B, resulting in a net margin of 13.3%.
DE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a net income of 656.00M and revenue of 9.61B, resulting in a net margin of 6.8%.
Frequently Asked Questions
AA and DE have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AA has higher volatility (18.33%) compared to DE (10.22%). In terms of maximum drawdown, AA dropped -90.90% vs DE's -73.27%.
AA currently has the higher Sharpe Ratio (3.11 vs 0.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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