GWRE vs. HWM
GWRE (Guidewire Software, Inc.) and HWM (Howmet Aerospace Inc.) are both stocks. GWRE operates in Software - Application (Technology), while HWM operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, GWRE returned 9.78%/yr vs 31.86%/yr for HWM. At a 0.30 correlation, their price movements are largely independent.
Performance
GWRE vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, GWRE achieves a -22.88% return, which is significantly lower than HWM's 21.39% return. Over the past 10 years, GWRE has underperformed HWM with an annualized return of 9.78%, while HWM has yielded a comparatively higher 31.86% annualized return.
GWRE
- 1D
- -4.75%
- 1M
- 7.97%
- YTD
- -22.88%
- 6M
- -28.16%
- 1Y
- -28.95%
- 3Y*
- 29.80%
- 5Y*
- 8.25%
- 10Y*
- 9.78%
HWM
- 1D
- -0.83%
- 1M
- 3.77%
- YTD
- 21.39%
- 6M
- 28.10%
- 1Y
- 44.37%
- 3Y*
- 77.12%
- 5Y*
- 48.28%
- 10Y*
- 31.86%
GWRE vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GWRE Guidewire Software, Inc. | -22.88% | 19.24% | 54.60% | 74.30% | -44.90% | -11.81% | 17.27% | 36.82% | 8.04% | 50.54% |
HWM Howmet Aerospace Inc. | 21.39% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between GWRE and HWM is -0.07, 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 | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2012 | 0.30 |
The correlation between GWRE and HWM shifts across timeframes, from -0.07 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
GWRE:
$13.38B
HWM:
$100.20B
GWRE:
$2.19
HWM:
$4.31
GWRE:
70.69
HWM:
57.70
GWRE:
0.94
HWM:
0.98
GWRE:
9.98
HWM:
11.67
GWRE:
8.86
HWM:
18.15
GWRE:
$1.34B
HWM:
$8.62B
GWRE:
$855.55M
HWM:
$2.81B
GWRE:
$201.21M
HWM:
$2.66B
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Return for Risk
GWRE vs. HWM — Risk / Return Rank
GWRE
HWM
GWRE vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guidewire Software, Inc. (GWRE) and Howmet Aerospace Inc. (HWM). 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.
| GWRE | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.82 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.25 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 2.81 | -3.33 |
| Martin ratioReturn relative to average drawdown | -0.95 | 8.10 | -9.04 |
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
| GWRE | HWM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | 1.46 | -2.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 1.52 | -1.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.28 | 0.80 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.21 | +0.24 |
Drawdowns
GWRE vs. HWM - Drawdown Comparison
The maximum GWRE drawdown since its inception was -60.28%, smaller than the maximum HWM drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for GWRE and HWM.
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Drawdown Indicators
| GWRE | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.28% | -88.30% | +28.02% |
Max Drawdown (1Y)Largest decline over 1 year | -54.96% | -15.89% | -39.07% |
Max Drawdown (3Y)Largest decline over 3 years | -54.96% | -19.41% | -35.55% |
Max Drawdown (5Y)Largest decline over 5 years | -58.81% | -23.19% | -35.62% |
Max Drawdown (10Y)Largest decline over 10 years | -60.28% | -64.81% | +4.53% |
Current DrawdownCurrent decline from peak | -40.81% | -9.12% | -31.69% |
Average DrawdownAverage peak-to-trough decline | -15.58% | -31.02% | +15.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.67% | 5.49% | +25.18% |
Volatility
GWRE vs. HWM - Volatility Comparison
Guidewire Software, Inc. (GWRE) has a higher volatility of 22.73% compared to Howmet Aerospace Inc. (HWM) at 11.35%. This indicates that GWRE's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GWRE | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.73% | 11.35% | +11.38% |
Volatility (6M)Calculated over the trailing 6-month period | 41.22% | 24.03% | +17.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.23% | 30.55% | +20.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.99% | 32.03% | +6.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.46% | 39.78% | -4.32% |
Dividends
GWRE vs. HWM - Dividend Comparison
GWRE has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWRE Guidewire Software, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HWM Howmet Aerospace Inc. | 0.19% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
Financials
GWRE vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Guidewire Software, Inc. and Howmet Aerospace 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
GWRE vs. HWM - Profitability Comparison
GWRE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Guidewire Software, Inc. reported a gross profit of 231.52M and revenue of 359.10M. Therefore, the gross margin over that period was 64.5%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
GWRE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Guidewire Software, Inc. reported an operating income of 38.44M and revenue of 359.10M, resulting in an operating margin of 10.7%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
GWRE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Guidewire Software, Inc. reported a net income of 60.11M and revenue of 359.10M, resulting in a net margin of 16.7%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
GWRE and HWM have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GWRE has higher volatility (22.73%) compared to HWM (11.35%). In terms of maximum drawdown, GWRE dropped -60.28% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.46 vs -0.57), 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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