GL vs. IBM
GL (Globe Life Inc.) and IBM (International Business Machines Corporation) are both stocks. GL operates in Insurance - Life (Financial Services), while IBM operates in Information Technology Services (Technology). Over the past 10 years, GL returned 10.52%/yr vs 12.25%/yr for IBM. At a 0.35 correlation, their price movements are largely independent.
Performance
GL vs. IBM - Performance Comparison
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Returns By Period
In the year-to-date period, GL achieves a 8.57% return, which is significantly higher than IBM's 4.53% return. Over the past 10 years, GL has underperformed IBM with an annualized return of 10.52%, while IBM has yielded a comparatively higher 12.25% annualized return.
GL
- 1D
- 0.10%
- 1M
- -0.95%
- YTD
- 8.57%
- 6M
- 16.08%
- 1Y
- 24.18%
- 3Y*
- 13.18%
- 5Y*
- 8.17%
- 10Y*
- 10.52%
IBM
- 1D
- -7.17%
- 1M
- 34.16%
- YTD
- 4.53%
- 6M
- 2.32%
- 1Y
- 18.19%
- 3Y*
- 36.49%
- 5Y*
- 21.40%
- 10Y*
- 12.25%
GL vs. IBM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 8.57% | 26.47% | -7.53% | 1.77% | 29.68% | -0.49% | -8.93% | 42.34% | -17.23% | 23.93% |
IBM International Business Machines Corporation | 4.53% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
Correlation
The correlation between GL and IBM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.35 |
The correlation between GL and IBM shifts across timeframes, from 0.19 (1 year) to 0.44 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GL:
$12.07B
IBM:
$290.99B
GL:
$14.47
IBM:
$11.32
GL:
10.45
IBM:
27.00
GL:
0.57
IBM:
0.32
GL:
2.02
IBM:
4.21
GL:
1.98
IBM:
8.82
GL:
$6.08B
IBM:
$68.91B
GL:
$2.31B
IBM:
$40.64B
GL:
$1.61B
IBM:
$15.71B
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Return for Risk
GL vs. IBM — Risk / Return Rank
GL
IBM
GL vs. IBM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globe Life Inc. (GL) and International Business Machines Corporation (IBM). 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.
| GL | IBM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.69 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.13 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.59 | +1.64 |
| Martin ratioReturn relative to average drawdown | 5.15 | 1.29 | +3.87 |
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
| GL | IBM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 0.47 | +0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.80 | -0.57 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.46 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.30 | +0.11 |
Drawdowns
GL vs. IBM - Drawdown Comparison
The maximum GL drawdown since its inception was -75.34%, which is greater than IBM's maximum drawdown of -69.40%. Use the drawdown chart below to compare losses from any high point for GL and IBM.
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Drawdown Indicators
| GL | IBM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.34% | -69.40% | -5.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.87% | -30.96% | +20.09% |
Max Drawdown (3Y)Largest decline over 3 years | -61.62% | -30.96% | -30.66% |
Max Drawdown (5Y)Largest decline over 5 years | -61.62% | -30.96% | -30.66% |
Max Drawdown (10Y)Largest decline over 10 years | -61.62% | -40.59% | -21.03% |
Current DrawdownCurrent decline from peak | -3.91% | -7.17% | +3.26% |
Average DrawdownAverage peak-to-trough decline | -12.18% | -20.12% | +7.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.72% | 14.16% | -9.44% |
Volatility
GL vs. IBM - Volatility Comparison
The current volatility for Globe Life Inc. (GL) is 7.28%, while International Business Machines Corporation (IBM) has a volatility of 20.58%. This indicates that GL experiences smaller price fluctuations and is considered to be less risky than IBM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GL | IBM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.28% | 20.58% | -13.30% |
Volatility (6M)Calculated over the trailing 6-month period | 13.41% | 34.08% | -20.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.95% | 38.99% | -18.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.76% | 27.03% | +8.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.20% | 26.51% | +5.69% |
Dividends
GL vs. IBM - Dividend Comparison
GL's dividend yield for the trailing twelve months is around 0.75%, less than IBM's 2.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GL Globe Life Inc. | 0.75% | 0.75% | 0.85% | 0.73% | 0.68% | 0.83% | 0.77% | 0.64% | 0.85% | 0.65% | 0.75% | 0.71% |
IBM International Business Machines Corporation | 2.20% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
Financials
GL vs. IBM - Financials Comparison
This section allows you to compare key financial metrics between Globe Life Inc. and International Business Machines 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
GL vs. IBM - Profitability Comparison
GL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Globe Life Inc. reported a gross profit of 770.04M and revenue of 1.56B. Therefore, the gross margin over that period was 49.4%.
IBM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a gross profit of 8.95B and revenue of 15.92B. Therefore, the gross margin over that period was 56.2%.
GL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Globe Life Inc. reported an operating income of 368.13M and revenue of 1.56B, resulting in an operating margin of 23.6%.
IBM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported an operating income of 1.22B and revenue of 15.92B, resulting in an operating margin of 7.6%.
GL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Globe Life Inc. reported a net income of 270.53M and revenue of 1.56B, resulting in a net margin of 17.4%.
IBM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Business Machines Corporation reported a net income of 1.22B and revenue of 15.92B, resulting in a net margin of 7.6%.
Frequently Asked Questions
GL and IBM have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (20.58%) compared to GL (7.28%). In terms of maximum drawdown, GL dropped -75.34% vs IBM's -69.40%.
GL currently has the higher Sharpe Ratio (1.16 vs 0.47), 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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