BWA vs. ESP
BWA (BorgWarner Inc.) and ESP (Espey Mfg. & Electronics Corp.) are both stocks. BWA operates in Auto Parts (Consumer Cyclical), while ESP operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, BWA returned 10.12%/yr vs 12.35%/yr for ESP. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
BWA vs. ESP - Performance Comparison
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Returns By Period
In the year-to-date period, BWA achieves a 42.21% return, which is significantly higher than ESP's 26.64% return. Over the past 10 years, BWA has underperformed ESP with an annualized return of 10.12%, while ESP has yielded a comparatively higher 12.35% annualized return.
BWA
- 1D
- -1.04%
- 1M
- 0.35%
- 6M
- 35.16%
- YTD
- 42.21%
- 1Y
- 72.15%
- 3Y*
- 12.58%
- 5Y*
- 9.68%
- 10Y*
- 10.12%
- ALL TIME*
- 11.28%
ESP
- 1D
- 1.32%
- 1M
- -8.93%
- 6M
- 12.89%
- YTD
- 26.64%
- 1Y
- 32.22%
- 3Y*
- 58.17%
- 5Y*
- 34.52%
- 10Y*
- 12.35%
- ALL TIME*
- 10.86%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $127.54M | $141.73M | $209.78M | |
| $3.40M | $4.05M | $3.36M |
BWA vs. ESP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 42.21% | 43.88% | -10.15% | 2.50% | -9.18% | 18.39% | -9.19% | 27.13% | -30.97% | 31.24% |
ESP Espey Mfg. & Electronics Corp. | 26.64% | 63.34% | 66.83% | 35.47% | -0.07% | -24.87% | -7.86% | -9.61% | 11.35% | -3.99% |
Correlation
The correlation between BWA and ESP is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.13 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 1993 | 0.06 |
The correlation between BWA and ESP shifts across timeframes, from 0.06 (all time) to 0.18 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BWA:
$13.07B
ESP:
$177.27M
BWA:
$1.70
ESP:
$3.77
BWA:
37.43
ESP:
15.71
BWA:
0.95
ESP:
4.00
BWA:
2.42
ESP:
3.03
BWA:
$14.33B
ESP:
$42.25M
BWA:
$2.71B
ESP:
$15.43M
BWA:
$1.88B
ESP:
$11.61M
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Return for Risk
BWA vs. ESP — Risk / Return Rank
BWA
ESP
BWA vs. ESP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BorgWarner Inc. (BWA) and Espey Mfg. & Electronics Corp. (ESP). 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.
| BWA | ESP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.15 | ||
| Sortino ratioReturn per unit of downside risk | +1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.17 | +0.20 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 1.37 | +1.82 |
| Martin ratioReturn relative to average drawdown | 7.35 | 2.60 | +4.75 |
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Drawdowns
BWA vs. ESP - Drawdown Comparison
The maximum BWA drawdown since its inception was -72.15%, which is greater than ESP's maximum drawdown of -54.43%. Use the drawdown chart below to compare losses from any high point for BWA and ESP.
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Drawdown Indicators
| BWA | ESP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.15% | -54.43% | -17.72% |
Max Drawdown (1Y)Largest decline over 1 year | -23.80% | -29.09% | +5.29% |
Max Drawdown (3Y)Largest decline over 3 years | -40.24% | -29.09% | -11.15% |
Max Drawdown (5Y)Largest decline over 5 years | -45.88% | -33.59% | -12.29% |
Max Drawdown (10Y)Largest decline over 10 years | -64.59% | -54.43% | -10.16% |
Current DrawdownCurrent decline from peak | -17.25% | -17.72% | +0.47% |
Average DrawdownAverage peak-to-trough decline | -21.99% | -15.01% | -6.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.31% | 15.23% | -4.92% |
Volatility
BWA vs. ESP - Volatility Comparison
The current volatility for BorgWarner Inc. (BWA) is 8.18%, while Espey Mfg. & Electronics Corp. (ESP) has a volatility of 14.32%. This indicates that BWA experiences smaller price fluctuations and is considered to be less risky than ESP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWA | ESP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.18% | 14.32% | -6.14% |
Volatility (6M)Calculated over the trailing 6-month period | 34.06% | 39.67% | -5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 51.40% | -11.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.36% | 43.48% | -9.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.62% | 38.37% | -3.75% |
Dividends
BWA vs. ESP - Dividend Comparison
BWA's dividend yield for the trailing twelve months is around 1.07%, less than ESP's 2.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 1.07% | 1.24% | 1.38% | 1.45% | 1.69% | 1.51% | 1.76% | 1.57% | 1.96% | 1.15% | 1.34% | 1.20% |
ESP Espey Mfg. & Electronics Corp. | 2.96% | 3.71% | 2.90% | 2.67% | 0.00% | 0.00% | 5.29% | 4.63% | 8.03% | 4.17% | 3.84% | 3.88% |
Financials
BWA vs. ESP - Financials Comparison
This section allows you to compare key financial metrics between BorgWarner Inc. and Espey Mfg. & Electronics Corp.. 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
BWA vs. ESP - Profitability Comparison
BWA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported a gross profit of 677.00M and revenue of 3.53B. Therefore, the gross margin over that period was 19.2%.
ESP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Espey Mfg. & Electronics Corp. reported a gross profit of 4.23M and revenue of 11.42M. Therefore, the gross margin over that period was 37.0%.
BWA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported an operating income of 336.00M and revenue of 3.53B, resulting in an operating margin of 9.5%.
ESP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Espey Mfg. & Electronics Corp. reported an operating income of 2.98M and revenue of 11.42M, resulting in an operating margin of 26.1%.
BWA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, BorgWarner Inc. reported a net income of 242.00M and revenue of 3.53B, resulting in a net margin of 6.9%.
ESP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Espey Mfg. & Electronics Corp. reported a net income of 2.86M and revenue of 11.42M, resulting in a net margin of 25.1%.
Frequently Asked Questions
BWA and ESP have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ESP has higher volatility (14.32%) compared to BWA (8.18%). In terms of maximum drawdown, BWA dropped -72.15% vs ESP's -54.43%.
BWA currently has the higher Sharpe Ratio (1.92 vs 0.77), 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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