CSL vs. IEX
CSL (Carlisle Companies Incorporated) and IEX (IDEX Corporation) are both stocks. Both are in the Industrials sector — CSL in Building Products & Equipment, IEX in Specialty Industrial Machinery. Over the past 10 years, CSL returned 14.45%/yr vs 11.21%/yr for IEX. At a 0.45 correlation, their price movements are largely independent.
Performance
CSL vs. IEX - Performance Comparison
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Returns By Period
In the year-to-date period, CSL achieves a 7.85% return, which is significantly lower than IEX's 21.89% return. Over the past 10 years, CSL has outperformed IEX with an annualized return of 14.45%, while IEX has yielded a comparatively lower 11.21% annualized return.
CSL
- 1D
- -0.39%
- 1M
- -0.61%
- YTD
- 7.85%
- 6M
- 7.41%
- 1Y
- -8.23%
- 3Y*
- 16.19%
- 5Y*
- 13.84%
- 10Y*
- 14.45%
IEX
- 1D
- 1.51%
- 1M
- 0.83%
- YTD
- 21.89%
- 6M
- 21.71%
- 1Y
- 20.12%
- 3Y*
- 2.48%
- 5Y*
- 0.36%
- 10Y*
- 11.21%
CSL vs. IEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CSL Carlisle Companies Incorporated | 7.85% | -12.26% | 19.14% | 34.26% | -4.08% | 60.64% | -1.96% | 63.10% | -10.31% | 4.51% |
IEX IDEX Corporation | 21.89% | -13.69% | -2.35% | -3.80% | -2.22% | 19.82% | 17.22% | 37.94% | -3.16% | 48.53% |
Correlation
The correlation between CSL and IEX is 0.61, 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 | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
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 Jun 24, 1991 | 0.45 |
The correlation between CSL and IEX shifts across timeframes, from 0.45 (all time) to 0.61 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CSL:
$14.09B
IEX:
$16.02B
CSL:
$17.08
IEX:
$6.77
CSL:
20.07
IEX:
31.82
CSL:
0.52
IEX:
9.39
CSL:
2.93
IEX:
4.58
CSL:
8.52
IEX:
3.96
CSL:
$4.98B
IEX:
$3.53B
CSL:
$1.41B
IEX:
$1.57B
CSL:
$1.17B
IEX:
$885.40M
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Return for Risk
CSL vs. IEX — Risk / Return Rank
CSL
IEX
CSL vs. IEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Carlisle Companies Incorporated (CSL) and IDEX Corporation (IEX). 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.
| CSL | IEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.16 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 1.33 | -1.59 |
| Martin ratioReturn relative to average drawdown | -0.44 | 2.59 | -3.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CSL | IEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.23 | 0.79 | -1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.02 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.46 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.14 | +0.38 |
Drawdowns
CSL vs. IEX - Drawdown Comparison
The maximum CSL drawdown since its inception was -64.56%, smaller than the maximum IEX drawdown of -81.60%. Use the drawdown chart below to compare losses from any high point for CSL and IEX.
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Drawdown Indicators
| CSL | IEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.56% | -81.60% | +17.04% |
Max Drawdown (1Y)Largest decline over 1 year | -31.67% | -15.17% | -16.50% |
Max Drawdown (3Y)Largest decline over 3 years | -37.72% | -34.60% | -3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -34.60% | -3.12% |
Max Drawdown (10Y)Largest decline over 10 years | -38.68% | -35.52% | -3.16% |
Current DrawdownCurrent decline from peak | -27.27% | -9.57% | -17.70% |
Average DrawdownAverage peak-to-trough decline | -12.31% | -11.44% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.61% | 7.78% | +10.83% |
Volatility
CSL vs. IEX - Volatility Comparison
Carlisle Companies Incorporated (CSL) has a higher volatility of 10.26% compared to IDEX Corporation (IEX) at 5.83%. This indicates that CSL's price experiences larger fluctuations and is considered to be riskier than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CSL | IEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.26% | 5.83% | +4.43% |
Volatility (6M)Calculated over the trailing 6-month period | 23.89% | 16.95% | +6.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.48% | 25.76% | +9.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.63% | 24.02% | +6.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.58% | 24.25% | +5.33% |
Dividends
CSL vs. IEX - Dividend Comparison
CSL's dividend yield for the trailing twelve months is around 1.28%, less than IEX's 1.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSL Carlisle Companies Incorporated | 1.28% | 1.31% | 1.00% | 1.02% | 1.09% | 0.86% | 1.31% | 1.11% | 1.53% | 1.27% | 1.18% | 1.24% |
IEX IDEX Corporation | 1.33% | 1.58% | 1.29% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% |
Financials
CSL vs. IEX - Financials Comparison
This section allows you to compare key financial metrics between Carlisle Companies Incorporated and IDEX Corporation. 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
CSL vs. IEX - Profitability Comparison
CSL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported a gross profit of 0.00 and revenue of 1.05B. Therefore, the gross margin over that period was 0.0%.
IEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported a gross profit of 398.10M and revenue of 886.90M. Therefore, the gross margin over that period was 44.9%.
CSL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported an operating income of 180.30M and revenue of 1.05B, resulting in an operating margin of 17.1%.
IEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported an operating income of 172.40M and revenue of 886.90M, resulting in an operating margin of 19.4%.
CSL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Carlisle Companies Incorporated reported a net income of 127.70M and revenue of 1.05B, resulting in a net margin of 12.1%.
IEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported a net income of 120.00M and revenue of 886.90M, resulting in a net margin of 13.5%.
Frequently Asked Questions
CSL and IEX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CSL has higher volatility (10.26%) compared to IEX (5.83%). In terms of maximum drawdown, CSL dropped -64.56% vs IEX's -81.60%.
IEX currently has the higher Sharpe Ratio (0.79 vs -0.23), 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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