FUL vs. SWK

Last updated Jun 3, 2026

FUL (H.B. Fuller Company) and SWK (Stanley Black & Decker, Inc.) are both stocks. FUL operates in Specialty Chemicals (Basic Materials), while SWK operates in Tools & Accessories (Industrials). Over the past 10 years, FUL returned 4.32%/yr vs -1.00%/yr for SWK. At a 0.41 correlation, their price movements are largely independent.

Performance

FUL vs. SWK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in H.B. Fuller Company (FUL) and Stanley Black & Decker, Inc. (SWK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUL achieves a 6.10% return, which is significantly lower than SWK's 7.73% return. Over the past 10 years, FUL has outperformed SWK with an annualized return of 4.32%, while SWK has yielded a comparatively lower -1.00% annualized return.

FUL

• 1D: 1.26%
• 1M: 4.44%
• YTD: 6.10%
• 6M: 7.99%
• 1Y: 16.04%
• 3Y*: -0.96%
• 5Y*: -0.76%
• 10Y*: 4.32%

SWK

• 1D: 1.24%
• 1M: 0.78%
• YTD: 7.73%
• 6M: 12.32%
• 1Y: 29.69%
• 3Y*: 3.04%
• 5Y*: -15.03%
• 10Y*: -1.00%

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

FUL vs. SWK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUL H.B. Fuller Company	6.10%	-10.46%	-16.19%	14.97%	-10.59%	57.84%	2.15%	22.42%	-19.84%	12.79%
SWK Stanley Black & Decker, Inc.	7.73%	-3.17%	-15.19%	35.55%	-58.92%	7.28%	9.73%	41.18%	-28.13%	50.50%

Correlation

The correlation between FUL and SWK is 0.70, 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	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990	0.41

Over the past year, FUL and SWK have become more correlated (0.70) than their long-term average of 0.41, meaning their price movements have been converging.

Fundamentals

EPS FUL : $2.88 SWK : $2.65
PE Ratio FUL : 21.71 SWK : 29.92
PS Ratio FUL : 1.00 SWK : 0.79
Total Revenue (TTM) FUL : $3.46B SWK : $15.13B
Gross Profit (TTM) FUL : $1.11B SWK : $4.52B
EBITDA (TTM) FUL : $495.48M SWK : $1.39B

Return for Risk

FUL vs. SWK — Risk / Return Rank

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

FUL

FUL Risk / Return Rank: 53
FUL Sharpe Ratio Rank: 56
FUL Sortino Ratio Rank: 52
FUL Omega Ratio Rank: 49
FUL Calmar Ratio Rank: 52
FUL Martin Ratio Rank: 56

SWK

SWK Risk / Return Rank: 62
SWK Sharpe Ratio Rank: 66
SWK Sortino Ratio Rank: 62
SWK Omega Ratio Rank: 58
SWK Calmar Ratio Rank: 61
SWK Martin Ratio Rank: 62

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.

FUL vs. SWK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for H.B. Fuller Company (FUL) and Stanley Black & Decker, Inc. (SWK). 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.

	FUL	SWK	Difference
Sharpe ratio Return per unit of total volatility	0.46	0.80	-0.34
Sortino ratio Return per unit of downside risk	0.95	1.35	-0.40
Omega ratio Gain probability vs. loss probability	1.11	1.16	-0.05
Calmar ratio Return relative to maximum drawdown	0.52	1.02	-0.51
Martin ratio Return relative to average drawdown	1.62	2.31	-0.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUL vs. SWK - Sharpe Ratio Comparison

The current FUL Sharpe Ratio is 0.46, which is lower than the SWK Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of FUL and SWK, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FUL	SWK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	0.80	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	-0.40	+0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.14	-0.03	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.25	+0.02

Drawdowns

FUL vs. SWK - Drawdown Comparison

The maximum FUL drawdown since its inception was -68.25%, roughly equal to the maximum SWK drawdown of -71.31%. Use the drawdown chart below to compare losses from any high point for FUL and SWK.

Drawdown Indicators

	FUL	SWK	Difference
Max Drawdown Largest peak-to-trough decline	-68.25%	-71.31%	+3.06%
Max Drawdown (1Y) Largest decline over 1 year	-26.97%	-26.14%	-0.83%
Max Drawdown (3Y) Largest decline over 3 years	-43.45%	-48.31%	+4.86%
Max Drawdown (5Y) Largest decline over 5 years	-43.45%	-70.25%	+26.80%
Max Drawdown (10Y) Largest decline over 10 years	-56.29%	-71.31%	+15.02%
Current Drawdown Current decline from peak	-25.42%	-57.40%	+31.98%
Average Drawdown Average peak-to-trough decline	-18.76%	-19.44%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.61%	11.59%	-2.98%

Volatility

FUL vs. SWK - Volatility Comparison

H.B. Fuller Company (FUL) has a higher volatility of 11.44% compared to Stanley Black & Decker, Inc. (SWK) at 10.13%. This indicates that FUL's price experiences larger fluctuations and is considered to be riskier than SWK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUL	SWK	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.44%	10.13%	+1.31%
Volatility (6M) Calculated over the trailing 6-month period	26.32%	26.58%	-0.26%
Volatility (1Y) Calculated over the trailing 1-year period	34.73%	37.22%	-2.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.37%	37.54%	-8.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.10%	36.61%	-5.51%

Dividends

FUL vs. SWK - Dividend Comparison

FUL's dividend yield for the trailing twelve months is around 1.52%, less than SWK's 4.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUL H.B. Fuller Company	1.52%	1.56%	1.29%	0.99%	1.03%	0.82%	1.25%	1.23%	1.44%	1.10%	1.14%	1.40%
SWK Stanley Black & Decker, Inc.	3.15%	4.44%	4.06%	3.28%	4.23%	1.58%	1.56%	1.63%	2.15%	1.43%	1.97%	2.01%

Financials

FUL vs. SWK - Profitability Comparison

The chart below illustrates the profitability comparison between H.B. Fuller Company and Stanley Black & Decker, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

FUL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, H.B. Fuller Company reported a gross profit of 240.99M and revenue of 770.84M. Therefore, the gross margin over that period was 31.3%.

SWK - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a gross profit of 1.22B and revenue of 3.68B. Therefore, the gross margin over that period was 33.2%.

FUL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, H.B. Fuller Company reported an operating income of 60.86M and revenue of 770.84M, resulting in an operating margin of 7.9%.

SWK - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported an operating income of 366.80M and revenue of 3.68B, resulting in an operating margin of 10.0%.

FUL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, H.B. Fuller Company reported a net income of 21.05M and revenue of 770.84M, resulting in a net margin of 2.7%.

SWK - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Stanley Black & Decker, Inc. reported a net income of 158.20M and revenue of 3.68B, resulting in a net margin of 4.3%.

Frequently Asked Questions

Can I hold both FUL and SWK in my portfolio?

FUL and SWK have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUL or SWK?

FUL has higher volatility (11.44%) compared to SWK (10.13%). In terms of maximum drawdown, FUL dropped -68.25% vs SWK's -71.31%.

Which has better risk-adjusted returns?

SWK currently has the higher Sharpe Ratio (0.80 vs 0.46), 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.