FRD vs. WWW
FRD (Friedman Industries, Incorporated) and WWW (Wolverine World Wide, Inc.) are both stocks. FRD operates in Steel (Basic Materials), while WWW operates in Footwear & Accessories (Consumer Cyclical). Over the past 10 years, FRD returned 21.55%/yr vs 0.35%/yr for WWW. At a 0.11 correlation, their price movements are largely independent.
Performance
FRD vs. WWW - Performance Comparison
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Returns By Period
In the year-to-date period, FRD achieves a 82.03% return, which is significantly higher than WWW's -3.45% return. Over the past 10 years, FRD has outperformed WWW with an annualized return of 21.55%, while WWW has yielded a comparatively lower 0.35% annualized return.
FRD
- 1D
- -0.72%
- 1M
- 79.64%
- YTD
- 82.03%
- 6M
- 81.77%
- 1Y
- 124.24%
- 3Y*
- 57.99%
- 5Y*
- 22.18%
- 10Y*
- 21.55%
WWW
- 1D
- -1.59%
- 1M
- 5.55%
- YTD
- -3.45%
- 6M
- -3.03%
- 1Y
- 2.46%
- 3Y*
- 12.01%
- 5Y*
- -10.39%
- 10Y*
- 0.35%
FRD vs. WWW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRD Friedman Industries, Incorporated | 82.03% | 35.33% | -0.26% | 58.98% | 5.34% | 37.91% | 15.73% | -12.71% | 26.02% | -14.17% |
WWW Wolverine World Wide, Inc. | -3.45% | -16.51% | 155.30% | -15.58% | -61.09% | -6.69% | -5.72% | 7.18% | 0.99% | 46.48% |
Correlation
The correlation between FRD and WWW is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Mar 17, 1992 | 0.11 |
The correlation between FRD and WWW shifts across timeframes, from 0.11 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FRD:
$3.73
WWW:
$1.27
FRD:
9.97
WWW:
13.59
FRD:
0.30
WWW:
0.74
FRD:
$646.91M
WWW:
$1.92B
FRD:
$32.71M
WWW:
$904.90M
FRD:
$26.09M
WWW:
$186.40M
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Return for Risk
FRD vs. WWW — Risk / Return Rank
FRD
WWW
FRD vs. WWW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Friedman Industries, Incorporated (FRD) and Wolverine World Wide, Inc. (WWW). 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.
| FRD | WWW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.24 | ||
| Sortino ratioReturn per unit of downside risk | +3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.06 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 5.05 | 0.05 | +5.00 |
| Martin ratioReturn relative to average drawdown | 10.86 | 0.07 | +10.80 |
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Drawdowns
FRD vs. WWW - Drawdown Comparison
The maximum FRD drawdown since its inception was -71.00%, smaller than the maximum WWW drawdown of -82.56%. Use the drawdown chart below to compare losses from any high point for FRD and WWW.
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Drawdown Indicators
| FRD | WWW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.00% | -82.56% | +11.56% |
Max Drawdown (1Y)Largest decline over 1 year | -24.77% | -54.62% | +29.85% |
Max Drawdown (3Y)Largest decline over 3 years | -46.49% | -57.98% | +11.49% |
Max Drawdown (5Y)Largest decline over 5 years | -53.55% | -79.74% | +26.19% |
Max Drawdown (10Y)Largest decline over 10 years | -65.09% | -82.56% | +17.47% |
Current DrawdownCurrent decline from peak | -0.72% | -55.44% | +54.72% |
Average DrawdownAverage peak-to-trough decline | -34.68% | -25.35% | -9.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.49% | 37.35% | -25.86% |
Volatility
FRD vs. WWW - Volatility Comparison
Friedman Industries, Incorporated (FRD) has a higher volatility of 28.55% compared to Wolverine World Wide, Inc. (WWW) at 16.13%. This indicates that FRD's price experiences larger fluctuations and is considered to be riskier than WWW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRD | WWW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 28.55% | 16.13% | +12.42% |
Volatility (6M)Calculated over the trailing 6-month period | 38.23% | 33.83% | +4.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.72% | 53.45% | +1.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.19% | 58.11% | -3.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.65% | 50.64% | -0.99% |
Dividends
FRD vs. WWW - Dividend Comparison
FRD's dividend yield for the trailing twelve months is around 0.43%, less than WWW's 2.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRD Friedman Industries, Incorporated | 0.43% | 0.78% | 0.92% | 0.52% | 0.82% | 0.85% | 1.17% | 2.66% | 1.70% | 0.70% | 0.60% | 0.90% |
WWW Wolverine World Wide, Inc. | 2.31% | 2.20% | 1.35% | 4.50% | 3.66% | 1.39% | 1.28% | 1.19% | 1.00% | 0.75% | 1.09% | 2.81% |
Financials
FRD vs. WWW - Financials Comparison
This section allows you to compare key financial metrics between Friedman Industries, Incorporated and Wolverine World Wide, 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
FRD vs. WWW - Profitability Comparison
FRD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported a gross profit of 0.00 and revenue of 191.78M. Therefore, the gross margin over that period was 0.0%.
WWW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wolverine World Wide, Inc. reported a gross profit of 217.80M and revenue of 457.60M. Therefore, the gross margin over that period was 47.6%.
FRD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported an operating income of 11.83M and revenue of 191.78M, resulting in an operating margin of 6.2%.
WWW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wolverine World Wide, Inc. reported an operating income of 33.90M and revenue of 457.60M, resulting in an operating margin of 7.4%.
FRD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Friedman Industries, Incorporated reported a net income of 9.19M and revenue of 191.78M, resulting in a net margin of 4.8%.
WWW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wolverine World Wide, Inc. reported a net income of 20.20M and revenue of 457.60M, resulting in a net margin of 4.4%.
Frequently Asked Questions
FRD and WWW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FRD has higher volatility (28.55%) compared to WWW (16.13%). In terms of maximum drawdown, FRD dropped -71.00% vs WWW's -82.56%.
FRD currently has the higher Sharpe Ratio (2.29 vs 0.05), 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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