AVY vs. ECL
AVY (Avery Dennison Corporation) and ECL (Ecolab Inc.) are both stocks. AVY operates in Business Equipment & Supplies (Industrials), while ECL operates in Specialty Chemicals (Basic Materials). Over the past 10 years, AVY returned 9.69%/yr vs 9.50%/yr for ECL. At a 0.43 correlation, their price movements are largely independent.
Performance
AVY vs. ECL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVY achieves a -11.44% return, which is significantly lower than ECL's 1.37% return. Both investments have delivered pretty close results over the past 10 years, with AVY having a 9.69% annualized return and ECL not far behind at 9.50%.
AVY
- 1D
- 0.31%
- 1M
- 2.60%
- YTD
- -11.44%
- 6M
- -11.79%
- 1Y
- -6.75%
- 3Y*
- 0.06%
- 5Y*
- -4.53%
- 10Y*
- 9.69%
ECL
- 1D
- 0.68%
- 1M
- 7.18%
- YTD
- 1.37%
- 6M
- 1.24%
- 1Y
- 1.50%
- 3Y*
- 14.71%
- 5Y*
- 5.51%
- 10Y*
- 9.50%
AVY vs. ECL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVY Avery Dennison Corporation | -11.44% | -0.73% | -5.95% | 13.66% | -15.06% | 41.41% | 20.86% | 48.54% | -20.28% | 66.75% |
ECL Ecolab Inc. | 1.37% | 13.19% | 19.29% | 37.94% | -37.10% | 9.38% | 13.17% | 32.26% | 11.07% | 15.80% |
Correlation
The correlation between AVY and ECL is 0.57, 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 | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1988 | 0.43 |
The correlation between AVY and ECL shifts across timeframes, from 0.43 (all time) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
AVY:
$12.26B
ECL:
$75.30B
AVY:
$8.87
ECL:
$7.40
AVY:
17.95
ECL:
35.88
AVY:
5.99
ECL:
1.90
AVY:
1.37
ECL:
4.59
AVY:
5.33
ECL:
7.53
AVY:
$9.01B
ECL:
$16.45B
AVY:
$2.59B
ECL:
$7.29B
AVY:
$1.24B
ECL:
$3.28B
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
AVY vs. ECL — Risk / Return Rank
AVY
ECL
AVY vs. ECL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avery Dennison Corporation (AVY) and Ecolab Inc. (ECL). 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.
| AVY | ECL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.01 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.05 | -0.38 |
| Martin ratioReturn relative to average drawdown | -0.91 | -0.12 | -0.79 |
Loading charts...
Drawdowns
AVY vs. ECL - Drawdown Comparison
The maximum AVY drawdown since its inception was -73.03%, which is greater than ECL's maximum drawdown of -47.19%. Use the drawdown chart below to compare losses from any high point for AVY and ECL.
Loading charts...
Drawdown Indicators
| AVY | ECL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.03% | -47.19% | -25.84% |
Max Drawdown (1Y)Largest decline over 1 year | -21.62% | -20.09% | -1.53% |
Max Drawdown (3Y)Largest decline over 3 years | -30.56% | -20.09% | -10.47% |
Max Drawdown (5Y)Largest decline over 5 years | -31.80% | -43.70% | +11.90% |
Max Drawdown (10Y)Largest decline over 10 years | -43.52% | -43.70% | +0.18% |
Current DrawdownCurrent decline from peak | -27.73% | -13.70% | -14.03% |
Average DrawdownAverage peak-to-trough decline | -16.79% | -7.98% | -8.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.16% | 8.77% | +1.39% |
Volatility
AVY vs. ECL - Volatility Comparison
Avery Dennison Corporation (AVY) and Ecolab Inc. (ECL) have volatilities of 7.39% and 7.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVY | ECL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 7.47% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 16.29% | 15.88% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.82% | 21.01% | +2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 23.89% | +0.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 25.02% | +2.04% |
Dividends
AVY vs. ECL - Dividend Comparison
AVY's dividend yield for the trailing twelve months is around 2.40%, more than ECL's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVY Avery Dennison Corporation | 2.40% | 2.03% | 1.84% | 1.57% | 1.62% | 1.23% | 1.52% | 1.73% | 2.24% | 1.53% | 2.28% | 2.33% |
ECL Ecolab Inc. | 1.04% | 1.02% | 1.01% | 1.09% | 1.42% | 0.83% | 0.87% | 0.96% | 1.15% | 1.13% | 1.21% | 1.17% |
Financials
AVY vs. ECL - Financials Comparison
This section allows you to compare key financial metrics between Avery Dennison Corporation and Ecolab 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
AVY vs. ECL - Profitability Comparison
AVY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a gross profit of 664.80M and revenue of 2.30B. Therefore, the gross margin over that period was 28.9%.
ECL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a gross profit of 1.77B and revenue of 4.07B. Therefore, the gross margin over that period was 43.6%.
AVY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported an operating income of 271.90M and revenue of 2.30B, resulting in an operating margin of 11.8%.
ECL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported an operating income of 622.00M and revenue of 4.07B, resulting in an operating margin of 15.3%.
AVY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a net income of 168.10M and revenue of 2.30B, resulting in a net margin of 7.3%.
ECL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ecolab Inc. reported a net income of 432.60M and revenue of 4.07B, resulting in a net margin of 10.6%.
Frequently Asked Questions
AVY and ECL have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ECL has higher volatility (7.47%) compared to AVY (7.39%). In terms of maximum drawdown, AVY dropped -73.03% vs ECL's -47.19%.
ECL currently has the higher Sharpe Ratio (-0.05 vs -0.39), 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 AVY and ECL
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