CLW vs. PHX

Last updated Apr 2, 2026

Compare and contrast key facts about Clearwater Paper Corporation (CLW) and PHX Minerals Inc. (PHX).

Performance

CLW vs. PHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Clearwater Paper Corporation (CLW) and PHX Minerals Inc. (PHX). The values are adjusted to include any dividend payments, if applicable.

CLW vs. PHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CLW Clearwater Paper Corporation	-16.03%	-41.55%	-17.58%	-4.47%	3.11%	-2.86%	76.73%	-12.35%	-46.32%	-30.74%
PHX PHX Minerals Inc.	0.00%	10.88%	29.52%	-14.64%	83.43%	-4.32%	-79.09%	-26.79%	-23.93%	-12.03%

Fundamentals

Total Revenue (TTM) CLW : $1.56M PHX : $38.46M
Gross Profit (TTM) CLW : $115.60K PHX : $21.10M
EBITDA (TTM) CLW : $26.00M PHX : $20.95M

Returns By Period

CLW

• 1D: 1.60%
• 1M: -2.86%
• YTD: -16.03%
• 6M: -28.59%
• 1Y: -41.49%
• 3Y*: -24.10%
• 5Y*: -17.23%
• 10Y*: -11.36%

PHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CLW vs. PHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLW

CLW Risk / Return Rank: 11
CLW Sharpe Ratio Rank: 6
CLW Sortino Ratio Rank: 8
CLW Omega Ratio Rank: 8
CLW Calmar Ratio Rank: 16
CLW Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLW vs. PHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Clearwater Paper Corporation (CLW) and PHX Minerals Inc. (PHX). 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.

	CLW	PHX	Difference
Sharpe ratio Return per unit of total volatility	-0.91	—	—
Sortino ratio Return per unit of downside risk	-1.21	—	—
Omega ratio Gain probability vs. loss probability	0.84	—	—
Calmar ratio Return relative to maximum drawdown	-0.71	—	—
Martin ratio Return relative to average drawdown	-1.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	CLW	PHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.91	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.38	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.22	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	—	—

Correlation

The correlation between CLW and PHX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CLW vs. PHX - Dividend Comparison

CLW has not paid dividends to shareholders, while PHX's dividend yield for the trailing twelve months is around 0.92%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CLW Clearwater Paper Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PHX PHX Minerals Inc.	0.92%	1.84%	3.50%	3.03%	1.93%	1.84%	3.04%	1.43%	1.03%	0.78%	0.68%	0.99%

Drawdowns

Drawdown Indicators

	CLW	PHX	Difference
Max Drawdown Largest peak-to-trough decline	-83.48%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-59.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-77.82%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-82.02%	—	—
Current Drawdown Current decline from peak	-80.60%	—	—
Average Drawdown Average peak-to-trough decline	-37.05%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	33.75%	—	—

Volatility

Volatility by Period

	CLW	PHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	31.91%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	45.92%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.29%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.74%	—	—

Financials