ATKR vs. PAVE
ATKR (Atkore Inc.) is a stock, while PAVE (Global X US Infrastructure Development ETF) is Industrials Equities fund tracking the INDXX U.S. Infrastructure Development Index. Over the past 5 years, ATKR returned 2.43%/yr vs 18.54%/yr for PAVE. A 0.70 correlation means they provide meaningful diversification when combined.
Performance
ATKR vs. PAVE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ATKR achieves a 24.31% return, which is significantly higher than PAVE's 22.22% return.
ATKR
- 1D
- 0.09%
- 1M
- -8.09%
- YTD
- 24.31%
- 6M
- 20.76%
- 1Y
- 13.72%
- 3Y*
- -17.47%
- 5Y*
- 2.43%
- 10Y*
- 17.57%
PAVE
- 1D
- 1.04%
- 1M
- 6.32%
- YTD
- 22.22%
- 6M
- 19.45%
- 1Y
- 36.66%
- 3Y*
- 25.73%
- 5Y*
- 18.54%
- 10Y*
- —
ATKR vs. PAVE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATKR Atkore Inc. | 24.31% | -22.67% | -47.26% | 41.07% | 2.01% | 170.47% | 1.61% | 103.93% | -7.51% | -15.38% |
PAVE Global X US Infrastructure Development ETF | 22.22% | 19.36% | 17.92% | 31.01% | -7.17% | 36.42% | 19.72% | 33.26% | -19.15% | 13.41% |
Correlation
The correlation between ATKR and PAVE is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2017 | 0.71 |
The correlation between ATKR and PAVE has been stable across timeframes, ranging from 0.70 to 0.73 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ATKR vs. PAVE — Risk / Return Rank
ATKR
PAVE
ATKR vs. PAVE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atkore Inc. (ATKR) and Global X US Infrastructure Development ETF (PAVE). 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.
| ATKR | PAVE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.58 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.32 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 0.43 | 3.09 | -2.67 |
| Martin ratioReturn relative to average drawdown | 0.81 | 11.23 | -10.42 |
Loading charts...
Drawdowns
ATKR vs. PAVE - Drawdown Comparison
The maximum ATKR drawdown since its inception was -72.77%, which is greater than PAVE's maximum drawdown of -44.08%. Use the drawdown chart below to compare losses from any high point for ATKR and PAVE.
Loading charts...
Drawdown Indicators
| ATKR | PAVE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.77% | -44.08% | -28.69% |
Max Drawdown (1Y)Largest decline over 1 year | -32.38% | -11.91% | -20.47% |
Max Drawdown (3Y)Largest decline over 3 years | -72.77% | -26.23% | -46.54% |
Max Drawdown (5Y)Largest decline over 5 years | -72.77% | -26.23% | -46.54% |
Max Drawdown (10Y)Largest decline over 10 years | -72.77% | — | — |
Current DrawdownCurrent decline from peak | -58.19% | -1.40% | -56.79% |
Average DrawdownAverage peak-to-trough decline | -24.21% | -6.21% | -18.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.91% | 3.27% | +13.64% |
Volatility
ATKR vs. PAVE - Volatility Comparison
Atkore Inc. (ATKR) has a higher volatility of 13.13% compared to Global X US Infrastructure Development ETF (PAVE) at 7.04%. This indicates that ATKR's price experiences larger fluctuations and is considered to be riskier than PAVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ATKR | PAVE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.13% | 7.04% | +6.09% |
Volatility (6M)Calculated over the trailing 6-month period | 27.93% | 15.92% | +12.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.32% | 19.60% | +26.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.03% | 21.66% | +25.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.43% | 24.39% | +25.04% |
Dividends
ATKR vs. PAVE - Dividend Comparison
ATKR's dividend yield for the trailing twelve months is around 1.69%, more than PAVE's 0.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ATKR Atkore Inc. | 1.69% | 2.07% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PAVE Global X US Infrastructure Development ETF | 0.75% | 0.92% | 0.54% | 0.68% | 0.84% | 0.48% | 0.44% | 0.67% | 0.78% | 0.30% |
Frequently Asked Questions
ATKR and PAVE have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATKR has higher volatility (13.13%) compared to PAVE (7.04%). In terms of maximum drawdown, ATKR dropped -72.77% vs PAVE's -44.08%.
PAVE currently has the higher Sharpe Ratio (1.88 vs 0.30), 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.
Find the right allocation for ATKR and PAVE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer