HAYW vs. GTES

Last updated Aug 1, 2026

HAYW (Hayward Holdings, Inc.) and GTES (Gates Industrial Corporation plc) are both stocks. Both are in the Industrials sector — HAYW in Electrical Equipment & Parts, GTES in Specialty Industrial Machinery. Their -0.28 correlation means they have often moved in opposite directions in the past.

Performance

HAYW vs. GTES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hayward Holdings, Inc. (HAYW) and Gates Industrial Corporation plc (GTES). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HAYW

• 1D: -1.56%
• 1M: -10.84%
• 6M: -6.26%
• YTD: -2.07%
• 1Y: -0.26%
• 3Y*: 4.03%
• 5Y*: -8.88%
• 10Y*: —
• ALL TIME*: -2.14%

GTES

• 1D: 8.53%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
GTES Gates Industrial Corporation plc	$61.14M	$61.14M	$61.14M
HAYW Hayward Holdings, Inc.	$47.93M	$48.36M	$42.75M

HAYW vs. GTES - Yearly Performance Comparison

	2026 (YTD)
HAYW Hayward Holdings, Inc.	5.36%
GTES Gates Industrial Corporation plc	1.34%

Correlation

The correlation between HAYW and GTES is -0.28, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 20, 2026	-0.28

Fundamentals

Market Cap HAYW : $3.28B GTES : $7.11B
EPS HAYW : $0.73 GTES : $1.89
PE Ratio HAYW : 20.81 GTES : 14.83
PEG Ratio HAYW : 1.09 GTES : 12.89
PS Ratio HAYW : 2.88 GTES : 1.54
Total Revenue (TTM) HAYW : $1.17B GTES : $3.50B
Gross Profit (TTM) HAYW : $521.11M GTES : $1.41B
EBITDA (TTM) HAYW : $305.78M GTES : $578.80M

Return for Risk

HAYW vs. GTES — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HAYW

HAYW Risk / Return Rank: 40
HAYW Sharpe Ratio Rank: 42
HAYW Sortino Ratio Rank: 37
HAYW Omega Ratio Rank: 36
HAYW Calmar Ratio Rank: 42
HAYW Martin Ratio Rank: 41

GTES

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HAYW vs. GTES - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hayward Holdings, Inc. (HAYW) and Gates Industrial Corporation plc (GTES). 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.

	HAYW	GTES	Difference
Sharpe ratio: Return per unit of total volatility	-0.05	—	—
Sortino ratio: Return per unit of downside risk	0.18	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	-0.07	—	—
Martin ratio: Return relative to average drawdown	-0.14	—	—

Drawdowns

HAYW vs. GTES - Drawdown Comparison

The maximum HAYW drawdown since its inception was -70.49%, which is greater than GTES's maximum drawdown of -9.74%. Use the drawdown chart below to compare losses from any high point for HAYW and GTES.

Drawdown Indicators

	HAYW	GTES	Difference
Max Drawdown Largest peak-to-trough decline	-70.49%	-9.74%	-60.75%
Max Drawdown (1Y) Largest decline over 1 year	-24.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-70.49%	—	—
Current Drawdown Current decline from peak	-45.08%	0.00%	-45.08%
Average Drawdown Average peak-to-trough decline	-43.14%	-3.89%	-39.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.35%	—	—

Volatility

Volatility by Period

	HAYW	GTES	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.16%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	33.17%	74.41%	-41.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.10%	74.41%	-33.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.94%	74.41%	-32.47%

Dividends

HAYW vs. GTES - Dividend Comparison

Neither HAYW nor GTES has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

HAYW vs. GTES - Profitability Comparison

The chart below illustrates the profitability comparison between Hayward Holdings, Inc. and Gates Industrial Corporation plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

HAYW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Hayward Holdings, Inc. reported a gross profit of 155.05M and revenue of 318.38M. Therefore, the gross margin over that period was 48.7%.

GTES - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Gates Industrial Corporation plc reported a gross profit of 383.60M and revenue of 941.60M. Therefore, the gross margin over that period was 40.7%.

HAYW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Hayward Holdings, Inc. reported an operating income of 76.00M and revenue of 318.38M, resulting in an operating margin of 23.9%.

GTES - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Gates Industrial Corporation plc reported an operating income of 131.60M and revenue of 941.60M, resulting in an operating margin of 14.0%.

HAYW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Hayward Holdings, Inc. reported a net income of 45.62M and revenue of 318.38M, resulting in a net margin of 14.3%.

GTES - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Gates Industrial Corporation plc reported a net income of 170.90M and revenue of 941.60M, resulting in a net margin of 18.2%.

Frequently Asked Questions

Can I hold both HAYW and GTES in my portfolio?

HAYW and GTES have a correlation of -0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.