FWONK vs. HON
FWONK (Formula One Group) and HON (Honeywell International Inc) are both stocks. FWONK operates in Broadcasting (Communication Services), while HON operates in Conglomerates (Industrials). Over the past 10 years, FWONK returned 16.25%/yr vs 10.23%/yr for HON. At a 0.33 correlation, their price movements are largely independent.
Performance
FWONK vs. HON - Performance Comparison
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Returns By Period
In the year-to-date period, FWONK achieves a -11.81% return, which is significantly lower than HON's 15.64% return. Over the past 10 years, FWONK has outperformed HON with an annualized return of 16.25%, while HON has yielded a comparatively lower 10.23% annualized return.
FWONK
- 1D
- -2.73%
- 1M
- -1.46%
- YTD
- -11.81%
- 6M
- -5.86%
- 1Y
- -9.94%
- 3Y*
- 7.13%
- 5Y*
- 14.95%
- 10Y*
- 16.25%
HON
- 1D
- -5.09%
- 1M
- 7.11%
- YTD
- 15.64%
- 6M
- 16.61%
- 1Y
- 6.74%
- 3Y*
- 8.31%
- 5Y*
- 2.70%
- 10Y*
- 10.23%
FWONK vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FWONK Formula One Group | -11.81% | 6.31% | 46.78% | 7.40% | -5.47% | 48.45% | -7.32% | 49.72% | -10.13% | 9.03% |
HON Honeywell International Inc | 15.64% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between FWONK and HON is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jul 9, 2014 | 0.33 |
The correlation between FWONK and HON shifts across timeframes, from 0.21 (3 years) to 0.33 (all time), reflecting how their relationship changes across market environments.
Fundamentals
FWONK:
$3.23
HON:
$6.42
FWONK:
26.91
HON:
34.80
FWONK:
3.44
HON:
3.88
FWONK:
$4.75B
HON:
$36.76B
FWONK:
$1.29B
HON:
$13.58B
FWONK:
$1.29B
HON:
$6.55B
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Return for Risk
FWONK vs. HON — Risk / Return Rank
FWONK
HON
FWONK vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Formula One Group (FWONK) and Honeywell International Inc (HON). 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.
| FWONK | HON | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.41 | 0.30 | -0.71 |
Sortino ratioReturn per unit of downside risk | -0.46 | 0.60 | -1.05 |
Omega ratioGain probability vs. loss probability | 0.95 | 1.07 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.40 | 0.42 | -0.82 |
Martin ratioReturn relative to average drawdown | -0.75 | 0.72 | -1.46 |
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
| FWONK | HON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.41 | 0.30 | -0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.12 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.44 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.28 | -0.04 |
Drawdowns
FWONK vs. HON - Drawdown Comparison
The maximum FWONK drawdown since its inception was -57.74%, smaller than the maximum HON drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for FWONK and HON.
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Drawdown Indicators
| FWONK | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.74% | -70.09% | +12.35% |
Max Drawdown (1Y)Largest decline over 1 year | -24.84% | -16.03% | -8.81% |
Max Drawdown (3Y)Largest decline over 3 years | -24.84% | -22.10% | -2.74% |
Max Drawdown (5Y)Largest decline over 5 years | -24.84% | -27.13% | +2.29% |
Max Drawdown (10Y)Largest decline over 10 years | -57.74% | -43.01% | -14.73% |
Current DrawdownCurrent decline from peak | -19.80% | -9.50% | -10.30% |
Average DrawdownAverage peak-to-trough decline | -12.65% | -20.28% | +7.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.35% | 9.44% | +3.91% |
Volatility
FWONK vs. HON - Volatility Comparison
Formula One Group (FWONK) and Honeywell International Inc (HON) have volatilities of 8.93% and 8.81%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FWONK | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.93% | 8.81% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 18.82% | 16.99% | +1.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.13% | 22.53% | +1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.92% | 21.69% | +5.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.89% | 23.49% | +9.40% |
Dividends
FWONK vs. HON - Dividend Comparison
FWONK has not paid dividends to shareholders, while HON's dividend yield for the trailing twelve months is around 2.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWONK Formula One Group | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HON Honeywell International Inc | 2.08% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
Financials
FWONK vs. HON - Financials Comparison
This section allows you to compare key financial metrics between Formula One Group and Honeywell International 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
FWONK vs. HON - Profitability Comparison
FWONK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Formula One Group reported a gross profit of 298.00M and revenue of 711.00M. Therefore, the gross margin over that period was 41.9%.
HON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a gross profit of 3.54B and revenue of 9.14B. Therefore, the gross margin over that period was 38.7%.
FWONK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Formula One Group reported an operating income of 64.00M and revenue of 711.00M, resulting in an operating margin of 9.0%.
HON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported an operating income of 886.00M and revenue of 9.14B, resulting in an operating margin of 9.7%.
FWONK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Formula One Group reported a net income of 57.00M and revenue of 711.00M, resulting in a net margin of 8.0%.
HON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a net income of 821.00M and revenue of 9.14B, resulting in a net margin of 9.0%.
Frequently Asked Questions
FWONK and HON have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWONK has higher volatility (8.93%) compared to HON (8.81%). In terms of maximum drawdown, FWONK dropped -57.74% vs HON's -70.09%.
HON currently has the higher Sharpe Ratio (0.30 vs -0.41), 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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