GOLF vs. CALY
GOLF (Acushnet Holdings Corp.) and CALY (Callaway Golf Company) are both stocks. Both operate in the Leisure industry within the Consumer Cyclical sector. Over the past 5 years, GOLF returned 18.81%/yr vs -12.07%/yr for CALY. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
GOLF vs. CALY - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOLF achieves a 36.13% return, which is significantly lower than CALY's 53.56% return.
GOLF
- 1D
- 0.91%
- 1M
- 22.55%
- YTD
- 36.13%
- 6M
- 32.44%
- 1Y
- 51.13%
- 3Y*
- 30.33%
- 5Y*
- 18.81%
- 10Y*
- —
CALY
- 1D
- -0.55%
- 1M
- 16.51%
- YTD
- 53.56%
- 6M
- 50.21%
- 1Y
- 113.08%
- 3Y*
- -2.27%
- 5Y*
- -12.07%
- 10Y*
- 6.13%
GOLF vs. CALY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOLF Acushnet Holdings Corp. | 36.13% | 14.09% | 13.96% | 51.02% | -18.69% | 32.71% | 27.13% | 57.63% | 2.09% | 9.84% |
CALY Callaway Golf Company | 53.56% | 48.47% | -45.19% | -27.39% | -28.02% | 14.29% | 13.39% | 38.88% | 10.07% | 27.51% |
Correlation
The correlation between GOLF and CALY is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Oct 28, 2016 | 0.60 |
The correlation between GOLF and CALY has been stable across timeframes, ranging from 0.56 to 0.64 - a consistent structural relationship.
Fundamentals
GOLF:
$6.48B
CALY:
$3.63B
GOLF:
$2.83
CALY:
$0.17
GOLF:
38.23
CALY:
103.52
GOLF:
2.50
CALY:
1.09
GOLF:
7.86
CALY:
1.71
GOLF:
$2.61B
CALY:
$3.10B
GOLF:
$1.24B
CALY:
$1.77B
GOLF:
$321.92M
CALY:
$368.30M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOLF vs. CALY — Risk / Return Rank
GOLF
CALY
GOLF vs. CALY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Acushnet Holdings Corp. (GOLF) and Callaway Golf Company (CALY). 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.
| GOLF | CALY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.33 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.87 | 5.58 | -2.72 |
| Martin ratioReturn relative to average drawdown | 7.25 | 13.16 | -5.91 |
Loading charts...
Drawdowns
GOLF vs. CALY - Drawdown Comparison
The maximum GOLF drawdown since its inception was -35.46%, smaller than the maximum CALY drawdown of -85.06%. Use the drawdown chart below to compare losses from any high point for GOLF and CALY.
Loading charts...
Drawdown Indicators
| GOLF | CALY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.46% | -85.06% | +49.60% |
Max Drawdown (1Y)Largest decline over 1 year | -17.93% | -20.37% | +2.44% |
Max Drawdown (3Y)Largest decline over 3 years | -25.49% | -72.76% | +47.27% |
Max Drawdown (5Y)Largest decline over 5 years | -33.37% | -83.49% | +50.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -85.06% | — |
Current DrawdownCurrent decline from peak | 0.00% | -51.94% | +51.94% |
Average DrawdownAverage peak-to-trough decline | -9.36% | -50.54% | +41.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.07% | 8.65% | -1.58% |
Volatility
GOLF vs. CALY - Volatility Comparison
The current volatility for Acushnet Holdings Corp. (GOLF) is 9.92%, while Callaway Golf Company (CALY) has a volatility of 11.31%. This indicates that GOLF experiences smaller price fluctuations and is considered to be less risky than CALY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOLF | CALY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 11.31% | -1.39% |
Volatility (6M)Calculated over the trailing 6-month period | 22.05% | 38.49% | -16.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.64% | 58.74% | -30.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.45% | 51.11% | -19.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.50% | 49.54% | -18.04% |
Dividends
GOLF vs. CALY - Dividend Comparison
GOLF's dividend yield for the trailing twelve months is around 1.14%, while CALY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CALY Callaway Golf Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.19% | 0.26% | 0.29% | 0.36% | 0.42% |
GOLF Acushnet Holdings Corp. | 1.14% | 1.49% | 1.21% | 1.23% | 1.70% | 1.24% | 1.53% | 1.72% | 2.47% | 2.28% | 0.00% | 0.00% |
Financials
GOLF vs. CALY - Financials Comparison
This section allows you to compare key financial metrics between Acushnet Holdings Corp. and Callaway Golf Company. 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
GOLF vs. CALY - Profitability Comparison
GOLF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Acushnet Holdings Corp. reported a gross profit of 355.26M and revenue of 752.98M. Therefore, the gross margin over that period was 47.2%.
CALY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Callaway Golf Company reported a gross profit of 326.70M and revenue of 687.50M. Therefore, the gross margin over that period was 47.5%.
GOLF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Acushnet Holdings Corp. reported an operating income of 120.15M and revenue of 752.98M, resulting in an operating margin of 16.0%.
CALY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Callaway Golf Company reported an operating income of 138.20M and revenue of 687.50M, resulting in an operating margin of 20.1%.
GOLF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Acushnet Holdings Corp. reported a net income of 81.42M and revenue of 752.98M, resulting in a net margin of 10.8%.
CALY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Callaway Golf Company reported a net income of 93.10M and revenue of 687.50M, resulting in a net margin of 13.5%.
Frequently Asked Questions
GOLF and CALY have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CALY has higher volatility (11.31%) compared to GOLF (9.92%). In terms of maximum drawdown, GOLF dropped -35.46% vs CALY's -85.06%.
CALY currently has the higher Sharpe Ratio (1.94 vs 1.80), 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.
Find the right allocation for GOLF and CALY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer