AMCR vs. IP
AMCR (Amcor plc) and IP (International Paper Company) are both stocks. Both operate in the Packaging & Containers industry within the Consumer Cyclical sector. Over the past 5 years, AMCR returned -0.16%/yr vs -1.40%/yr for IP. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
AMCR vs. IP - Performance Comparison
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Returns By Period
In the year-to-date period, AMCR achieves a 10.85% return, which is significantly higher than IP's 6.25% return.
AMCR
- 1D
- -0.60%
- 1M
- -0.27%
- 6M
- 4.47%
- YTD
- 10.85%
- 1Y
- 2.50%
- 3Y*
- 1.81%
- 5Y*
- -0.16%
- 10Y*
- —
- ALL TIME*
- 1.68%
IP
- 1D
- -5.38%
- 1M
- 5.26%
- 6M
- 3.80%
- YTD
- 6.25%
- 1Y
- -7.82%
- 3Y*
- 9.13%
- 5Y*
- -1.40%
- 10Y*
- 3.87%
- ALL TIME*
- 6.50%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
AMCR Amcor plc | $183.42M | $161.51M | $157.87M |
| $277.86M | $228.29M | $218.19M |
AMCR vs. IP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AMCR Amcor plc | 10.85% | -6.17% | 2.61% | -14.97% | 3.20% | 6.16% | 13.41% | -0.09% |
IP International Paper Company | 6.25% | -23.83% | 55.31% | 10.20% | -23.05% | 3.48% | 13.83% | 7.92% |
Correlation
The correlation between AMCR and IP is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jun 11, 2019 | 0.58 |
The correlation between AMCR and IP has been stable across timeframes, ranging from 0.52 to 0.59 - a consistent structural relationship.
Fundamentals
AMCR:
$20.75B
IP:
$21.62B
AMCR:
$1.46
IP:
-$6.49
AMCR:
0.94
IP:
0.89
AMCR:
0.55
IP:
1.50
AMCR:
$22.19B
IP:
$24.20B
AMCR:
$4.10B
IP:
$6.72B
AMCR:
$2.58B
IP:
-$231.00M
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Return for Risk
AMCR vs. IP — Risk / Return Rank
AMCR
IP
AMCR vs. IP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Amcor plc (AMCR) and International Paper Company (IP). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AMCR | IP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.26 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.00 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.07 | -0.21 | +0.29 |
| Martin ratioReturn relative to average drawdown | 0.13 | -0.42 | +0.54 |
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Drawdowns
AMCR vs. IP - Drawdown Comparison
The maximum AMCR drawdown since its inception was -47.21%, smaller than the maximum IP drawdown of -90.62%. Use the drawdown chart below to compare losses from any high point for AMCR and IP.
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Drawdown Indicators
| AMCR | IP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.21% | -90.62% | +43.41% |
Max Drawdown (1Y)Largest decline over 1 year | -26.51% | -39.68% | +13.17% |
Max Drawdown (3Y)Largest decline over 3 years | -29.92% | -48.61% | +18.69% |
Max Drawdown (5Y)Largest decline over 5 years | -34.24% | -48.61% | +14.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -55.27% | — |
Current DrawdownCurrent decline from peak | -18.23% | -27.51% | +9.28% |
Average DrawdownAverage peak-to-trough decline | -14.68% | -20.92% | +6.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.51% | 20.31% | -4.80% |
Volatility
AMCR vs. IP - Volatility Comparison
The current volatility for Amcor plc (AMCR) is 10.80%, while International Paper Company (IP) has a volatility of 16.02%. This indicates that AMCR experiences smaller price fluctuations and is considered to be less risky than IP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AMCR | IP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.80% | 16.02% | -5.22% |
Volatility (6M)Calculated over the trailing 6-month period | 26.33% | 34.59% | -8.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.98% | 44.85% | -11.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.55% | 33.57% | -8.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.32% | 32.66% | -3.34% |
Dividends
AMCR vs. IP - Dividend Comparison
AMCR's dividend yield for the trailing twelve months is around 5.77%, more than IP's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMCR Amcor plc | 5.77% | 6.15% | 5.34% | 5.11% | 4.05% | 3.93% | 3.93% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% |
IP International Paper Company | 4.53% | 4.70% | 3.44% | 5.12% | 5.34% | 4.08% | 4.12% | 4.37% | 4.77% | 3.21% | 3.36% | 4.35% |
Financials
AMCR vs. IP - Financials Comparison
This section allows you to compare key financial metrics between Amcor plc and International Paper 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
AMCR vs. IP - Profitability Comparison
AMCR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Amcor plc reported a gross profit of 1.19B and revenue of 5.91B. Therefore, the gross margin over that period was 20.1%.
IP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, International Paper Company reported a gross profit of 1.66B and revenue of 6.00B. Therefore, the gross margin over that period was 27.7%.
AMCR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Amcor plc reported an operating income of 461.00M and revenue of 5.91B, resulting in an operating margin of 7.8%.
IP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, International Paper Company reported an operating income of -12.00M and revenue of 6.00B, resulting in an operating margin of -0.2%.
AMCR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Amcor plc reported a net income of 278.00M and revenue of 5.91B, resulting in a net margin of 4.7%.
IP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, International Paper Company reported a net income of -11.00M and revenue of 6.00B, resulting in a net margin of -0.2%.
Frequently Asked Questions
AMCR and IP have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IP has higher volatility (16.02%) compared to AMCR (10.80%). In terms of maximum drawdown, AMCR dropped -47.21% vs IP's -90.62%.
AMCR currently has the higher Sharpe Ratio (0.06 vs -0.20), 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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