GLW vs. AB
GLW (Corning Incorporated) and AB (AllianceBernstein Holding L.P.) are both stocks. GLW operates in Electronic Components (Technology), while AB operates in Asset Management (Financial Services). Over the past 10 years, GLW returned 27.03%/yr vs 14.41%/yr for AB. At a 0.33 correlation, their price movements are largely independent.
Performance
GLW vs. AB - Performance Comparison
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Returns By Period
In the year-to-date period, GLW achieves a 99.33% return, which is significantly higher than AB's 0.51% return. Over the past 10 years, GLW has outperformed AB with an annualized return of 27.03%, while AB has yielded a comparatively lower 14.41% annualized return.
GLW
- 1D
- -7.25%
- 1M
- -6.81%
- YTD
- 99.33%
- 6M
- 91.56%
- 1Y
- 245.53%
- 3Y*
- 78.50%
- 5Y*
- 35.68%
- 10Y*
- 27.03%
AB
- 1D
- 0.90%
- 1M
- -5.45%
- YTD
- 0.51%
- 6M
- -4.71%
- 1Y
- -1.09%
- 3Y*
- 11.85%
- 5Y*
- 4.29%
- 10Y*
- 14.41%
GLW vs. AB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GLW Corning Incorporated | 99.33% | 87.76% | 60.64% | -1.23% | -11.56% | 5.92% | 27.57% | -1.02% | -3.28% | 34.63% |
AB AllianceBernstein Holding L.P. | 0.51% | 13.36% | 30.40% | -2.29% | -23.46% | 56.27% | 23.00% | 19.85% | 21.04% | 16.76% |
Correlation
The correlation between GLW and AB is 0.10, 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 | 0.10 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Apr 15, 1988 | 0.33 |
Over the past year, the correlation between GLW and AB has dropped to 0.10 - well below their long-term average of 0.33, suggesting their price drivers have been diverging.
Fundamentals
GLW:
$150.07B
AB:
$3.42B
GLW:
$2.10
AB:
$3.22
GLW:
82.86
AB:
11.49
GLW:
9.19
AB:
14.29
GLW:
12.71
AB:
2.71
GLW:
$16.32B
AB:
$250.00M
GLW:
$5.93B
AB:
$250.00M
GLW:
$3.77B
AB:
$252.50M
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Return for Risk
GLW vs. AB — Risk / Return Rank
GLW
AB
GLW vs. AB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Corning Incorporated (GLW) and AllianceBernstein Holding L.P. (AB). 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.
| GLW | AB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.46 | ||
| Sortino ratioReturn per unit of downside risk | +4.08 | ||
| Omega ratioGain probability vs. loss probability | 1.59 | 1.01 | +0.58 |
| Calmar ratioReturn relative to maximum drawdown | 10.75 | -0.07 | +10.82 |
| Martin ratioReturn relative to average drawdown | 35.19 | -0.16 | +35.35 |
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
| GLW | AB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 4.41 | -0.05 | +4.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.00 | 0.15 | +0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.45 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.26 | 0.46 | -0.20 |
Drawdowns
GLW vs. AB - Drawdown Comparison
The maximum GLW drawdown since its inception was -99.02%, which is greater than AB's maximum drawdown of -87.65%. Use the drawdown chart below to compare losses from any high point for GLW and AB.
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Drawdown Indicators
| GLW | AB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.02% | -87.65% | -11.37% |
Max Drawdown (1Y)Largest decline over 1 year | -23.01% | -14.68% | -8.33% |
Max Drawdown (3Y)Largest decline over 3 years | -27.57% | -20.84% | -6.73% |
Max Drawdown (5Y)Largest decline over 5 years | -34.52% | -45.76% | +11.24% |
Max Drawdown (10Y)Largest decline over 10 years | -48.80% | -58.08% | +9.28% |
Current DrawdownCurrent decline from peak | -16.36% | -9.63% | -6.73% |
Average DrawdownAverage peak-to-trough decline | -50.51% | -26.21% | -24.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.01% | 6.70% | +0.31% |
Volatility
GLW vs. AB - Volatility Comparison
Corning Incorporated (GLW) has a higher volatility of 27.22% compared to AllianceBernstein Holding L.P. (AB) at 4.23%. This indicates that GLW's price experiences larger fluctuations and is considered to be riskier than AB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLW | AB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.22% | 4.23% | +22.99% |
Volatility (6M)Calculated over the trailing 6-month period | 50.50% | 18.29% | +32.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.03% | 22.39% | +33.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.73% | 28.24% | +7.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.83% | 32.39% | +1.44% |
Dividends
GLW vs. AB - Dividend Comparison
GLW's dividend yield for the trailing twelve months is around 0.64%, less than AB's 9.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AB AllianceBernstein Holding L.P. | 9.22% | 9.02% | 8.03% | 8.44% | 10.30% | 7.33% | 8.26% | 7.67% | 10.54% | 8.50% | 7.46% | 8.09% |
GLW Corning Incorporated | 0.64% | 1.28% | 2.36% | 3.68% | 3.38% | 2.58% | 2.44% | 2.75% | 2.38% | 1.94% | 2.22% | 2.63% |
Financials
GLW vs. AB - Financials Comparison
This section allows you to compare key financial metrics between Corning Incorporated and AllianceBernstein Holding L.P.. 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
Frequently Asked Questions
GLW and AB have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLW has higher volatility (27.22%) compared to AB (4.23%). In terms of maximum drawdown, GLW dropped -99.02% vs AB's -87.65%.
GLW currently has the higher Sharpe Ratio (4.41 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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