APD vs. CTVA
APD (Air Products and Chemicals, Inc.) and CTVA (Corteva, Inc.) are both stocks. Both are in the Basic Materials sector — APD in Specialty Chemicals, CTVA in Agricultural Inputs. Over the past 5 years, APD returned 2.82%/yr vs 14.20%/yr for CTVA. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
APD vs. CTVA - Performance Comparison
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Returns By Period
In the year-to-date period, APD achieves a 21.76% return, which is significantly higher than CTVA's 17.96% return.
APD
- 1D
- -1.77%
- 1M
- -6.14%
- 6M
- 9.57%
- YTD
- 21.76%
- 1Y
- 7.45%
- 3Y*
- 1.76%
- 5Y*
- 2.82%
- 10Y*
- 9.78%
- ALL TIME*
- 11.77%
CTVA
- 1D
- -11.90%
- 1M
- -8.26%
- 6M
- 8.61%
- YTD
- 17.96%
- 1Y
- 11.67%
- 3Y*
- 13.29%
- 5Y*
- 14.20%
- 10Y*
- —
- ALL TIME*
- 17.84%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $360.31M | $352.85M | $378.51M | |
CTVA Corteva, Inc. | $373.93M | $325.89M | $331.44M |
APD vs. CTVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
APD Air Products and Chemicals, Inc. | 21.76% | -12.66% | 8.09% | -8.95% | 3.91% | 13.75% | 18.82% | 17.22% |
CTVA Corteva, Inc. | 17.96% | 18.89% | 20.24% | -17.51% | 25.58% | 23.55% | 33.49% | 12.45% |
Correlation
The correlation between APD and CTVA is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2019 | 0.42 |
Fundamentals
APD:
$65.67B
CTVA:
$52.64B
APD:
-$0.21
CTVA:
$1.50
APD:
5.22
CTVA:
2.98
APD:
4.73
CTVA:
2.10
APD:
$12.60B
CTVA:
$17.81B
APD:
$4.04B
CTVA:
$2.47B
APD:
$1.30B
CTVA:
$2.31B
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Return for Risk
APD vs. CTVA — Risk / Return Rank
APD
CTVA
APD vs. CTVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Air Products and Chemicals, Inc. (APD) and Corteva, Inc. (CTVA). 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.
| APD | CTVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.23 | 0.55 | -0.32 |
| Martin ratioReturn relative to average drawdown | 0.56 | 1.25 | -0.68 |
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Drawdowns
APD vs. CTVA - Drawdown Comparison
The maximum APD drawdown since its inception was -60.30%, which is greater than CTVA's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for APD and CTVA.
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Drawdown Indicators
| APD | CTVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.30% | -34.76% | -25.54% |
Max Drawdown (1Y)Largest decline over 1 year | -22.39% | -18.50% | -3.89% |
Max Drawdown (3Y)Largest decline over 3 years | -30.43% | -22.02% | -8.41% |
Max Drawdown (5Y)Largest decline over 5 years | -31.77% | -34.76% | +2.99% |
Max Drawdown (10Y)Largest decline over 10 years | -31.77% | — | — |
Current DrawdownCurrent decline from peak | -9.33% | -13.04% | +3.71% |
Average DrawdownAverage peak-to-trough decline | -11.05% | -10.36% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.21% | 8.19% | +1.02% |
Volatility
APD vs. CTVA - Volatility Comparison
The current volatility for Air Products and Chemicals, Inc. (APD) is 6.42%, while Corteva, Inc. (CTVA) has a volatility of 14.53%. This indicates that APD experiences smaller price fluctuations and is considered to be less risky than CTVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| APD | CTVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.42% | 14.53% | -8.11% |
Volatility (6M)Calculated over the trailing 6-month period | 18.34% | 20.32% | -1.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.82% | 26.61% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.48% | 27.52% | -1.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.06% | 32.67% | -6.61% |
Dividends
APD vs. CTVA - Dividend Comparison
APD's dividend yield for the trailing twelve months is around 2.44%, more than CTVA's 0.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APD Air Products and Chemicals, Inc. | 2.44% | 2.89% | 1.83% | 2.56% | 2.10% | 1.97% | 1.96% | 1.97% | 2.75% | 2.32% | 2.39% | 2.49% |
CTVA Corteva, Inc. | 0.91% | 1.04% | 1.16% | 1.29% | 0.99% | 1.14% | 1.34% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
APD vs. CTVA - Financials Comparison
This section allows you to compare key financial metrics between Air Products and Chemicals, Inc. and Corteva, Inc.. 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
APD vs. CTVA - Profitability Comparison
APD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported a gross profit of 1.04B and revenue of 3.16B. Therefore, the gross margin over that period was 32.8%.
CTVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Corteva, Inc. reported a gross profit of -2.38B and revenue of 6.38B. Therefore, the gross margin over that period was -37.3%.
APD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported an operating income of -2.10B and revenue of 3.16B, resulting in an operating margin of -66.3%.
CTVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Corteva, Inc. reported an operating income of 781.00M and revenue of 6.38B, resulting in an operating margin of 12.2%.
APD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Air Products and Chemicals, Inc. reported a net income of -1.44B and revenue of 3.16B, resulting in a net margin of -45.6%.
CTVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Corteva, Inc. reported a net income of 1.16B and revenue of 6.38B, resulting in a net margin of 18.2%.
Frequently Asked Questions
APD and CTVA have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CTVA has higher volatility (14.53%) compared to APD (6.42%). In terms of maximum drawdown, APD dropped -60.30% vs CTVA's -34.76%.
CTVA currently has the higher Sharpe Ratio (0.38 vs 0.19), 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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