AXP vs. OKE
AXP (American Express Company) and OKE (ONEOK, Inc.) are both stocks. AXP operates in Credit Services (Financial Services), while OKE operates in Oil & Gas Midstream (Energy). Over the past 10 years, AXP returned 20.53%/yr vs 13.42%/yr for OKE. At a 0.30 correlation, their price movements are largely independent.
Performance
AXP vs. OKE - Performance Comparison
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Returns By Period
In the year-to-date period, AXP achieves a -8.20% return, which is significantly lower than OKE's 22.91% return. Over the past 10 years, AXP has outperformed OKE with an annualized return of 20.53%, while OKE has yielded a comparatively lower 13.42% annualized return.
AXP
- 1D
- -0.09%
- 1M
- 8.34%
- YTD
- -8.20%
- 6M
- -11.14%
- 1Y
- 13.91%
- 3Y*
- 27.70%
- 5Y*
- 16.37%
- 10Y*
- 20.53%
OKE
- 1D
- 2.05%
- 1M
- -6.35%
- YTD
- 22.91%
- 6M
- 22.97%
- 1Y
- 16.36%
- 3Y*
- 21.22%
- 5Y*
- 15.73%
- 10Y*
- 13.42%
AXP vs. OKE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | -8.20% | 25.99% | 60.32% | 28.67% | -8.52% | 36.88% | -1.14% | 32.52% | -2.62% | 36.22% |
OKE ONEOK, Inc. | 22.91% | -22.94% | 50.10% | 13.21% | 18.86% | 64.67% | -43.45% | 47.76% | 6.27% | -2.12% |
Correlation
The correlation between AXP and OKE is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.30 |
Over the past year, the correlation between AXP and OKE has dropped to 0.10 - well below their long-term average of 0.30, suggesting their price drivers have been diverging.
Fundamentals
AXP:
$231.72B
OKE:
$55.62B
AXP:
$16.23
OKE:
$5.61
AXP:
20.82
OKE:
15.70
AXP:
1.77
OKE:
1.11
AXP:
2.83
OKE:
1.58
AXP:
6.82
OKE:
2.49
AXP:
$82.41B
OKE:
$35.20B
AXP:
$68.81B
OKE:
$8.43B
AXP:
$18.41B
OKE:
$7.85B
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Return for Risk
AXP vs. OKE — Risk / Return Rank
AXP
OKE
AXP vs. OKE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Express Company (AXP) and ONEOK, Inc. (OKE). 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.
| AXP | OKE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.12 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.58 | 0.79 | -0.21 |
| Martin ratioReturn relative to average drawdown | 1.23 | 1.79 | -0.56 |
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Drawdowns
AXP vs. OKE - Drawdown Comparison
The maximum AXP drawdown since its inception was -83.91%, roughly equal to the maximum OKE drawdown of -80.17%. Use the drawdown chart below to compare losses from any high point for AXP and OKE.
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Drawdown Indicators
| AXP | OKE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.91% | -80.17% | -3.74% |
Max Drawdown (1Y)Largest decline over 1 year | -23.90% | -20.76% | -3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -28.76% | -42.17% | +13.41% |
Max Drawdown (5Y)Largest decline over 5 years | -31.55% | -42.17% | +10.62% |
Max Drawdown (10Y)Largest decline over 10 years | -49.64% | -80.17% | +30.53% |
Current DrawdownCurrent decline from peak | -11.77% | -18.76% | +6.99% |
Average DrawdownAverage peak-to-trough decline | -22.05% | -16.67% | -5.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.29% | 9.14% | +2.15% |
Volatility
AXP vs. OKE - Volatility Comparison
The current volatility for American Express Company (AXP) is 7.45%, while ONEOK, Inc. (OKE) has a volatility of 9.51%. This indicates that AXP experiences smaller price fluctuations and is considered to be less risky than OKE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXP | OKE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.45% | 9.51% | -2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 20.12% | 20.87% | -0.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.32% | 26.28% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.46% | 28.22% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.79% | 38.91% | -7.12% |
Dividends
AXP vs. OKE - Dividend Comparison
AXP's dividend yield for the trailing twelve months is around 1.01%, less than OKE's 4.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXP American Express Company | 1.01% | 0.85% | 0.91% | 1.24% | 1.35% | 1.05% | 1.42% | 1.29% | 1.51% | 1.32% | 1.61% | 1.58% |
OKE ONEOK, Inc. | 4.77% | 5.61% | 3.94% | 5.44% | 5.69% | 6.36% | 9.74% | 4.66% | 6.01% | 5.09% | 4.28% | 9.85% |
Financials
AXP vs. OKE - Financials Comparison
This section allows you to compare key financial metrics between American Express Company and ONEOK, 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
AXP vs. OKE - Profitability Comparison
AXP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, American Express Company reported a gross profit of 17.66B and revenue of 20.88B. Therefore, the gross margin over that period was 84.6%.
OKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported a gross profit of 2.57B and revenue of 9.62B. Therefore, the gross margin over that period was 26.7%.
AXP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, American Express Company reported an operating income of 6.60B and revenue of 20.88B, resulting in an operating margin of 31.6%.
OKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported an operating income of 1.43B and revenue of 9.62B, resulting in an operating margin of 14.9%.
AXP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, American Express Company reported a net income of 2.97B and revenue of 20.88B, resulting in a net margin of 14.2%.
OKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ONEOK, Inc. reported a net income of 774.00M and revenue of 9.62B, resulting in a net margin of 8.1%.
Frequently Asked Questions
AXP and OKE have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OKE has higher volatility (9.51%) compared to AXP (7.45%). In terms of maximum drawdown, AXP dropped -83.91% vs OKE's -80.17%.
OKE currently has the higher Sharpe Ratio (0.63 vs 0.53), 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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