HAIN vs. LWAY

Last updated Jun 4, 2026

HAIN (The Hain Celestial Group, Inc.) and LWAY (Lifeway Foods, Inc.) are both stocks. Both operate in the Packaged Foods industry within the Consumer Defensive sector. Over the past 10 years, HAIN returned -33.76%/yr vs 9.53%/yr for LWAY. At a 0.13 correlation, their price movements are largely independent.

Performance

HAIN vs. LWAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Hain Celestial Group, Inc. (HAIN) and Lifeway Foods, Inc. (LWAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HAIN achieves a -24.72% return, which is significantly lower than LWAY's -4.91% return. Over the past 10 years, HAIN has underperformed LWAY with an annualized return of -33.76%, while LWAY has yielded a comparatively higher 9.53% annualized return.

HAIN

• 1D: -0.85%
• 1M: 26.97%
• YTD: -24.72%
• 6M: -24.72%
• 1Y: -54.75%
• 3Y*: -59.49%
• 5Y*: -54.35%
• 10Y*: -33.76%

LWAY

• 1D: 1.99%
• 1M: -14.29%
• YTD: -4.91%
• 6M: -4.99%
• 1Y: -1.75%
• 3Y*: 56.25%
• 5Y*: 33.81%
• 10Y*: 9.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HAIN vs. LWAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HAIN The Hain Celestial Group, Inc.	-24.72%	-82.60%	-43.84%	-32.32%	-62.03%	6.13%	54.69%	63.65%	-62.59%	8.61%
LWAY Lifeway Foods, Inc.	-4.91%	-2.30%	84.94%	141.62%	20.65%	-14.97%	171.86%	5.85%	-76.50%	-30.50%

Correlation

The correlation between HAIN and LWAY is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.13
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.10
Correlation (10Y) Calculated over the trailing 10-year period	0.10
Correlation (All Time) Calculated using the full available price history since Aug 21, 1995	0.13

Fundamentals

EPS HAIN : -$5.71 LWAY : $1.29
PS Ratio HAIN : 0.05 LWAY : 1.16
Total Revenue (TTM) HAIN : $1.45B LWAY : $229.42M
Gross Profit (TTM) HAIN : $287.26M LWAY : $65.44M
EBITDA (TTM) HAIN : -$304.92M LWAY : $24.15M

Return for Risk

HAIN vs. LWAY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HAIN

HAIN Risk / Return Rank: 15
HAIN Sharpe Ratio Rank: 13
HAIN Sortino Ratio Rank: 16
HAIN Omega Ratio Rank: 17
HAIN Calmar Ratio Rank: 13
HAIN Martin Ratio Rank: 14

LWAY

LWAY Risk / Return Rank: 38
LWAY Sharpe Ratio Rank: 39
LWAY Sortino Ratio Rank: 36
LWAY Omega Ratio Rank: 36
LWAY Calmar Ratio Rank: 39
LWAY Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HAIN vs. LWAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Hain Celestial Group, Inc. (HAIN) and Lifeway Foods, Inc. (LWAY). 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.

	HAIN	LWAY	Difference
Sharpe ratio Return per unit of total volatility	-0.65	-0.04	-0.61
Sortino ratio Return per unit of downside risk	-0.70	0.26	-0.96
Omega ratio Gain probability vs. loss probability	0.92	1.04	-0.12
Calmar ratio Return relative to maximum drawdown	-0.75	-0.04	-0.71
Martin ratio Return relative to average drawdown	-1.21	-0.07	-1.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HAIN vs. LWAY - Sharpe Ratio Comparison

The current HAIN Sharpe Ratio is -0.65, which is lower than the LWAY Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of HAIN and LWAY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HAIN	LWAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.65	-0.04	-0.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.87	0.51	-1.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.66	0.14	-0.80
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.17	-0.21

Drawdowns

HAIN vs. LWAY - Drawdown Comparison

The maximum HAIN drawdown since its inception was -99.17%, which is greater than LWAY's maximum drawdown of -93.15%. Use the drawdown chart below to compare losses from any high point for HAIN and LWAY.

Drawdown Indicators

	HAIN	LWAY	Difference
Max Drawdown Largest peak-to-trough decline	-99.17%	-93.15%	-6.02%
Max Drawdown (1Y) Largest decline over 1 year	-73.02%	-47.37%	-25.65%
Max Drawdown (3Y) Largest decline over 3 years	-95.60%	-60.45%	-35.15%
Max Drawdown (5Y) Largest decline over 5 years	-98.79%	-60.45%	-38.34%
Max Drawdown (10Y) Largest decline over 10 years	-98.95%	-91.85%	-7.10%
Current Drawdown Current decline from peak	-98.85%	-31.87%	-66.98%
Average Drawdown Average peak-to-trough decline	-41.07%	-44.11%	+3.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.39%	25.92%	+19.47%

Volatility

HAIN vs. LWAY - Volatility Comparison

The Hain Celestial Group, Inc. (HAIN) has a higher volatility of 25.47% compared to Lifeway Foods, Inc. (LWAY) at 14.99%. This indicates that HAIN's price experiences larger fluctuations and is considered to be riskier than LWAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HAIN	LWAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.47%	14.99%	+10.48%
Volatility (6M) Calculated over the trailing 6-month period	66.88%	30.07%	+36.81%
Volatility (1Y) Calculated over the trailing 1-year period	84.86%	44.14%	+40.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.47%	66.88%	-4.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.02%	68.55%	-17.53%

Dividends

HAIN vs. LWAY - Dividend Comparison

Neither HAIN nor LWAY has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

HAIN vs. LWAY - Profitability Comparison

The chart below illustrates the profitability comparison between The Hain Celestial Group, Inc. and Lifeway Foods, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HAIN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Hain Celestial Group, Inc. reported a gross profit of 70.39M and revenue of 338.36M. Therefore, the gross margin over that period was 20.8%.

LWAY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Lifeway Foods, Inc. reported a gross profit of 17.35M and revenue of 63.01M. Therefore, the gross margin over that period was 27.5%.

HAIN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Hain Celestial Group, Inc. reported an operating income of 11.31M and revenue of 338.36M, resulting in an operating margin of 3.3%.

LWAY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Lifeway Foods, Inc. reported an operating income of 6.33M and revenue of 63.01M, resulting in an operating margin of 10.0%.

HAIN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Hain Celestial Group, Inc. reported a net income of -106.34M and revenue of 338.36M, resulting in a net margin of -31.4%.

LWAY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Lifeway Foods, Inc. reported a net income of 4.67M and revenue of 63.01M, resulting in a net margin of 7.4%.

Frequently Asked Questions

Can I hold both HAIN and LWAY in my portfolio?

HAIN and LWAY have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HAIN or LWAY?

HAIN has higher volatility (25.47%) compared to LWAY (14.99%). In terms of maximum drawdown, HAIN dropped -99.17% vs LWAY's -93.15%.

Which has better risk-adjusted returns?

LWAY currently has the higher Sharpe Ratio (-0.04 vs -0.65), 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.