FUWAY vs. TOYO

Last updated Jun 26, 2026

FUWAY (Furukawa Electric Co Ltd ADR) and TOYO (TOYO Co., Ltd) are both stocks. FUWAY operates in Electrical Equipment & Parts (Industrials), while TOYO operates in Solar (Technology). Over the past year, FUWAY returned 605.80% vs 102.19% for TOYO. At a 0.02 correlation, their price movements are largely independent.

Performance

FUWAY vs. TOYO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Furukawa Electric Co Ltd ADR (FUWAY) and TOYO Co., Ltd (TOYO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUWAY achieves a 435.48% return, which is significantly higher than TOYO's 25.94% return.

FUWAY

• 1D: -4.78%
• 1M: -16.92%
• YTD: 435.48%
• 6M: 435.48%
• 1Y: 605.80%
• 3Y*: 166.52%
• 5Y*: 67.55%
• 10Y*: 31.28%

TOYO

• 1D: -6.70%
• 1M: -51.76%
• YTD: 25.94%
• 6M: 21.98%
• 1Y: 102.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FUWAY vs. TOYO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FUWAY Furukawa Electric Co Ltd ADR	435.48%	40.83%	60.41%
TOYO TOYO Co., Ltd	25.94%	73.37%	-58.78%

Correlation

The correlation between FUWAY and TOYO is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.05
Correlation (All Time) Calculated using the full available price history since Jul 1, 2024	0.02

Fundamentals

EPS FUWAY : ¥508.47 TOYO : $0.72
PE Ratio FUWAY : 50.32 TOYO : 10.29
PEG Ratio FUWAY : 0.36 TOYO : 0.08
PS Ratio FUWAY : 2.60 TOYO : 1.41
Total Revenue (TTM) FUWAY : ¥1.39T TOYO : $177.98M
Gross Profit (TTM) FUWAY : ¥233.06B TOYO : $18.34M
EBITDA (TTM) FUWAY : ¥119.61B TOYO : $19.98M

Return for Risk

FUWAY vs. TOYO — Risk / Return Rank

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

FUWAY

FUWAY Risk / Return Rank: 99
FUWAY Sharpe Ratio Rank: 99
FUWAY Sortino Ratio Rank: 98
FUWAY Omega Ratio Rank: 99
FUWAY Calmar Ratio Rank: 99
FUWAY Martin Ratio Rank: 99

TOYO

TOYO Risk / Return Rank: 76
TOYO Sharpe Ratio Rank: 76
TOYO Sortino Ratio Rank: 74
TOYO Omega Ratio Rank: 77
TOYO Calmar Ratio Rank: 75
TOYO Martin Ratio Rank: 82

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.

FUWAY vs. TOYO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Furukawa Electric Co Ltd ADR (FUWAY) and TOYO Co., Ltd (TOYO). 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.

	FUWAY	TOYO	Difference
Sharpe ratio: Return per unit of total volatility	6.70	1.12	+5.59
Sortino ratio: Return per unit of downside risk	5.29	1.80	+3.49
Omega ratio: Gain probability vs. loss probability	1.88	1.26	+0.62
Calmar ratio: Return relative to maximum drawdown	18.19	1.82	+16.37
Martin ratio: Return relative to average drawdown	60.37	6.40	+53.97

FUWAY vs. TOYO - Sharpe Ratio Comparison

The current FUWAY Sharpe Ratio is 6.70, which is higher than the TOYO Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of FUWAY and TOYO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FUWAY vs. TOYO - Drawdown Comparison

The maximum FUWAY drawdown since its inception was -76.41%, smaller than the maximum TOYO drawdown of -81.10%. Use the drawdown chart below to compare losses from any high point for FUWAY and TOYO.

Drawdown Indicators

	FUWAY	TOYO	Difference
Max Drawdown Largest peak-to-trough decline	-76.41%	-81.10%	+4.69%
Max Drawdown (1Y) Largest decline over 1 year	-33.61%	-56.56%	+22.95%
Max Drawdown (3Y) Largest decline over 3 years	-45.59%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-45.59%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.41%	—	—
Current Drawdown Current decline from peak	-16.92%	-56.56%	+39.64%
Average Drawdown Average peak-to-trough decline	-46.20%	-41.77%	-4.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.11%	16.03%	-5.92%

Volatility

FUWAY vs. TOYO - Volatility Comparison

The current volatility for Furukawa Electric Co Ltd ADR (FUWAY) is 36.79%, while TOYO Co., Ltd (TOYO) has a volatility of 57.90%. This indicates that FUWAY experiences smaller price fluctuations and is considered to be less risky than TOYO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUWAY	TOYO	Difference
Volatility (1M) Calculated over the trailing 1-month period	36.79%	57.90%	-21.11%
Volatility (6M) Calculated over the trailing 6-month period	77.38%	82.54%	-5.16%
Volatility (1Y) Calculated over the trailing 1-year period	91.18%	91.99%	-0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.83%	134.82%	-77.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	47.27%	134.82%	-87.55%

Dividends

FUWAY vs. TOYO - Dividend Comparison

Neither FUWAY nor TOYO has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUWAY Furukawa Electric Co Ltd ADR	0.00%	1.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	14.14%	1.14%
TOYO TOYO Co., Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both FUWAY and TOYO in my portfolio?

FUWAY and TOYO have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUWAY or TOYO?

TOYO has higher volatility (57.90%) compared to FUWAY (36.79%). In terms of maximum drawdown, FUWAY dropped -76.41% vs TOYO's -81.10%.

Which has better risk-adjusted returns?

FUWAY currently has the higher Sharpe Ratio (6.70 vs 1.12), 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.