FBIN vs. SPXC
FBIN (Fortune Brands Innovations Inc.) and SPXC (SPX Corporation) are both stocks. Both are in the Industrials sector — FBIN in Building Products & Equipment, SPXC in Specialty Industrial Machinery. Over the past 10 years, FBIN returned -0.64%/yr vs 30.96%/yr for SPXC. At a 0.49 correlation, their price movements are largely independent.
Performance
FBIN vs. SPXC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FBIN achieves a -20.14% return, which is significantly lower than SPXC's 14.94% return. Over the past 10 years, FBIN has underperformed SPXC with an annualized return of -0.64%, while SPXC has yielded a comparatively higher 30.96% annualized return.
FBIN
- 1D
- 1.05%
- 1M
- 4.67%
- YTD
- -20.14%
- 6M
- -19.43%
- 1Y
- -21.18%
- 3Y*
- -14.22%
- 5Y*
- -13.00%
- 10Y*
- -0.64%
SPXC
- 1D
- 0.94%
- 1M
- 13.37%
- YTD
- 14.94%
- 6M
- 11.54%
- 1Y
- 45.81%
- 3Y*
- 39.57%
- 5Y*
- 30.08%
- 10Y*
- 30.96%
FBIN vs. SPXC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBIN Fortune Brands Innovations Inc. | -20.14% | -25.41% | -9.12% | 35.25% | -36.48% | 26.02% | 32.92% | 74.91% | -43.66% | 29.52% |
SPXC SPX Corporation | 14.94% | 37.48% | 44.06% | 53.86% | 10.00% | 9.42% | 7.19% | 81.65% | -10.77% | 32.34% |
Correlation
The correlation between FBIN and SPXC is 0.53, 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 | 0.53 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.54 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 2011 | 0.49 |
The correlation between FBIN and SPXC has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.
Fundamentals
FBIN:
$2.15
SPXC:
$5.19
FBIN:
18.36
SPXC:
44.32
FBIN:
1.07
SPXC:
4.78
FBIN:
$3.36B
SPXC:
$2.35B
FBIN:
$1.53B
SPXC:
$909.30M
FBIN:
$484.60M
SPXC:
$475.30M
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
FBIN vs. SPXC — Risk / Return Rank
FBIN
SPXC
FBIN vs. SPXC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortune Brands Innovations Inc. (FBIN) and SPX Corporation (SPXC). 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.
| FBIN | SPXC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.41 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.23 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.44 | 1.99 | -2.43 |
| Martin ratioReturn relative to average drawdown | -0.95 | 5.09 | -6.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FBIN | SPXC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.50 | 1.26 | -1.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.36 | 0.86 | -1.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.02 | 0.83 | -0.85 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.34 | -0.03 |
Drawdowns
FBIN vs. SPXC - Drawdown Comparison
The maximum FBIN drawdown since its inception was -62.42%, smaller than the maximum SPXC drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for FBIN and SPXC.
Loading charts...
Drawdown Indicators
| FBIN | SPXC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.42% | -81.12% | +18.70% |
Max Drawdown (1Y)Largest decline over 1 year | -47.93% | -23.15% | -24.78% |
Max Drawdown (3Y)Largest decline over 3 years | -61.90% | -33.54% | -28.36% |
Max Drawdown (5Y)Largest decline over 5 years | -61.90% | -38.32% | -23.58% |
Max Drawdown (10Y)Largest decline over 10 years | -62.42% | -50.26% | -12.16% |
Current DrawdownCurrent decline from peak | -55.26% | -5.39% | -49.87% |
Average DrawdownAverage peak-to-trough decline | -16.69% | -29.02% | +12.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.40% | 9.03% | +13.37% |
Volatility
FBIN vs. SPXC - Volatility Comparison
Fortune Brands Innovations Inc. (FBIN) has a higher volatility of 11.51% compared to SPX Corporation (SPXC) at 10.68%. This indicates that FBIN's price experiences larger fluctuations and is considered to be riskier than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FBIN | SPXC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 10.68% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 35.66% | 27.88% | +7.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.72% | 36.54% | +6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.50% | 35.14% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.05% | 37.46% | -2.41% |
Dividends
FBIN vs. SPXC - Dividend Comparison
FBIN's dividend yield for the trailing twelve months is around 2.58%, while SPXC has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIN Fortune Brands Innovations Inc. | 2.58% | 2.00% | 1.40% | 1.21% | 1.68% | 0.97% | 1.12% | 1.35% | 2.11% | 1.05% | 1.20% | 1.01% |
SPXC SPX Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 386.22% |
Financials
FBIN vs. SPXC - Financials Comparison
This section allows you to compare key financial metrics between Fortune Brands Innovations Inc. and SPX 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
FBIN vs. SPXC - Profitability Comparison
FBIN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a gross profit of 0.00 and revenue of -66.20M. Therefore, the gross margin over that period was 0.0%.
SPXC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a gross profit of 230.60M and revenue of 566.80M. Therefore, the gross margin over that period was 40.7%.
FBIN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported an operating income of -61.40M and revenue of -66.20M, resulting in an operating margin of 92.8%.
SPXC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported an operating income of 87.70M and revenue of 566.80M, resulting in an operating margin of 15.5%.
FBIN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortune Brands Innovations Inc. reported a net income of -52.20M and revenue of -66.20M, resulting in a net margin of 78.9%.
SPXC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a net income of 59.90M and revenue of 566.80M, resulting in a net margin of 10.6%.
Frequently Asked Questions
FBIN and SPXC have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBIN has higher volatility (11.51%) compared to SPXC (10.68%). In terms of maximum drawdown, FBIN dropped -62.42% vs SPXC's -81.12%.
SPXC currently has the higher Sharpe Ratio (1.26 vs -0.50), 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 FBIN and SPXC
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