ASH vs. COST
ASH (Ashland Global Holdings Inc.) and COST (Costco Wholesale Corporation) are both stocks. ASH operates in Specialty Chemicals (Basic Materials), while COST operates in Discount Stores (Consumer Defensive). Over the past 10 years, ASH returned 3.18%/yr vs 21.98%/yr for COST. At a 0.27 correlation, their price movements are largely independent.
Performance
ASH vs. COST - Performance Comparison
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Returns By Period
In the year-to-date period, ASH achieves a 10.52% return, which is significantly lower than COST's 11.37% return. Over the past 10 years, ASH has underperformed COST with an annualized return of 3.18%, while COST has yielded a comparatively higher 21.98% annualized return.
ASH
- 1D
- -5.54%
- 1M
- 12.58%
- YTD
- 10.52%
- 6M
- 9.77%
- 1Y
- 31.64%
- 3Y*
- -5.73%
- 5Y*
- -4.34%
- 10Y*
- 3.18%
COST
- 1D
- 0.67%
- 1M
- -6.86%
- YTD
- 11.37%
- 6M
- 12.35%
- 1Y
- -4.12%
- 3Y*
- 23.87%
- 5Y*
- 20.85%
- 10Y*
- 21.98%
ASH vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ASH Ashland Global Holdings Inc. | 10.52% | -15.40% | -13.71% | -20.24% | 1.14% | 37.67% | 5.05% | 9.42% | 0.90% | 34.94% |
COST Costco Wholesale Corporation | 11.37% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
Correlation
The correlation between ASH and COST is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 1993 | 0.27 |
The correlation between ASH and COST shifts across timeframes, from -0.03 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ASH:
-$15.34
COST:
$26.51
ASH:
1.63
COST:
1.09
ASH:
$1.81B
COST:
$293.59B
ASH:
$518.00M
COST:
$11.12B
ASH:
-$384.00M
COST:
$12.48B
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Return for Risk
ASH vs. COST — Risk / Return Rank
ASH
COST
ASH vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ashland Global Holdings Inc. (ASH) and Costco Wholesale Corporation (COST). 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.
| ASH | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.03 | ||
| Sortino ratioReturn per unit of downside risk | +1.60 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.98 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.28 | +1.59 |
| Martin ratioReturn relative to average drawdown | 3.23 | -0.61 | +3.84 |
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Drawdowns
ASH vs. COST - Drawdown Comparison
The maximum ASH drawdown since its inception was -91.64%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for ASH and COST.
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Drawdown Indicators
| ASH | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.64% | -53.39% | -38.25% |
Max Drawdown (1Y)Largest decline over 1 year | -24.17% | -14.93% | -9.24% |
Max Drawdown (3Y)Largest decline over 3 years | -53.26% | -20.74% | -32.52% |
Max Drawdown (5Y)Largest decline over 5 years | -57.29% | -31.40% | -25.89% |
Max Drawdown (10Y)Largest decline over 10 years | -57.29% | -31.40% | -25.89% |
Current DrawdownCurrent decline from peak | -39.08% | -12.49% | -26.59% |
Average DrawdownAverage peak-to-trough decline | -17.62% | -13.36% | -4.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.82% | 6.90% | +2.92% |
Volatility
ASH vs. COST - Volatility Comparison
Ashland Global Holdings Inc. (ASH) has a higher volatility of 12.85% compared to Costco Wholesale Corporation (COST) at 6.38%. This indicates that ASH's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASH | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.85% | 6.38% | +6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 30.73% | 14.49% | +16.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.51% | 18.93% | +20.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.53% | 22.73% | +8.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.09% | 21.97% | +8.12% |
Dividends
ASH vs. COST - Dividend Comparison
ASH's dividend yield for the trailing twelve months is around 2.60%, more than COST's 0.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASH Ashland Global Holdings Inc. | 2.60% | 2.81% | 2.24% | 1.77% | 1.21% | 1.09% | 1.39% | 1.40% | 1.37% | 88.83% | 1.43% | 1.47% |
COST Costco Wholesale Corporation | 0.56% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
Financials
ASH vs. COST - Financials Comparison
This section allows you to compare key financial metrics between Ashland Global Holdings Inc. and Costco Wholesale Corporation. 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
ASH vs. COST - Profitability Comparison
ASH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ashland Global Holdings Inc. reported a gross profit of 147.00M and revenue of 482.00M. Therefore, the gross margin over that period was 30.5%.
COST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a gross profit of -17.68B and revenue of 70.53B. Therefore, the gross margin over that period was -25.1%.
ASH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ashland Global Holdings Inc. reported an operating income of 39.00M and revenue of 482.00M, resulting in an operating margin of 8.1%.
COST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported an operating income of 2.82B and revenue of 70.53B, resulting in an operating margin of 4.0%.
ASH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ashland Global Holdings Inc. reported a net income of 16.00M and revenue of 482.00M, resulting in a net margin of 3.3%.
COST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a net income of 2.19B and revenue of 70.53B, resulting in a net margin of 3.1%.
Frequently Asked Questions
ASH and COST have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ASH has higher volatility (12.85%) compared to COST (6.38%). In terms of maximum drawdown, ASH dropped -91.64% vs COST's -53.39%.
ASH currently has the higher Sharpe Ratio (0.81 vs -0.22), 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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