HWM vs. JNPR

Last updated Jun 13, 2026

HWM (Howmet Aerospace Inc.) and JNPR (Juniper Networks, Inc.) are both stocks. HWM operates in Aerospace & Defense (Industrials), while JNPR operates in Communication Equipment (Technology). At a 0.32 correlation, their price movements are largely independent.

Performance

HWM vs. JNPR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Howmet Aerospace Inc. (HWM) and Juniper Networks, Inc. (JNPR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HWM

• 1D: 0.03%
• 1M: -2.83%
• YTD: 29.23%
• 6M: 33.60%
• 1Y: 54.95%
• 3Y*: 79.69%
• 5Y*: 50.00%
• 10Y*: 33.28%

JNPR

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HWM vs. JNPR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HWM Howmet Aerospace Inc.	29.23%	87.95%	102.71%	37.84%	24.16%	11.67%	21.03%	83.54%	-37.43%	48.40%
JNPR Juniper Networks, Inc.	0.00%	7.99%	30.11%	-4.95%	-8.07%	63.34%	-5.34%	-5.66%	-3.09%	2.27%

Correlation

The correlation between HWM and JNPR is 0.02, 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	0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (10Y) Calculated over the trailing 10-year period	0.36
Correlation (All Time) Calculated using the full available price history since Jun 25, 1999	0.32

Over the past year, the correlation between HWM and JNPR has dropped to 0.02 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.

Fundamentals

Total Revenue (TTM) HWM : $8.62B JNPR : $5.20B
Gross Profit (TTM) HWM : $2.81B JNPR : $3.06B
EBITDA (TTM) HWM : $2.66B JNPR : $628.10M

Return for Risk

HWM vs. JNPR — Risk / Return Rank

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

HWM

HWM Risk / Return Rank: 85
HWM Sharpe Ratio Rank: 87
HWM Sortino Ratio Rank: 85
HWM Omega Ratio Rank: 81
HWM Calmar Ratio Rank: 87
HWM Martin Ratio Rank: 88

JNPR

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

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.

HWM vs. JNPR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Howmet Aerospace Inc. (HWM) and Juniper Networks, Inc. (JNPR). 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.

	HWM	JNPR	Difference
Sharpe ratio: Return per unit of total volatility	1.75	—	—
Sortino ratio: Return per unit of downside risk	2.51	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	3.46	—	—
Martin ratio: Return relative to average drawdown	9.77	—	—

Drawdowns

Drawdown Indicators

	HWM	JNPR	Difference
Max Drawdown Largest peak-to-trough decline	-88.30%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-15.89%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.41%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-64.81%	—	—
Current Drawdown Current decline from peak	-3.26%	—	—
Average Drawdown Average peak-to-trough decline	-31.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	5.61%	—	—

Volatility

Volatility by Period

	HWM	JNPR	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.03%	—	—
Volatility (6M) Calculated over the trailing 6-month period	25.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.20%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.82%	—	—

Dividends

HWM vs. JNPR - Dividend Comparison

HWM's dividend yield for the trailing twelve months is around 0.18%, while JNPR has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HWM Howmet Aerospace Inc.	0.18%	0.21%	0.24%	0.31%	0.25%	0.13%	0.05%	0.39%	1.42%	0.88%	40.49%	1.22%
JNPR Juniper Networks, Inc.	0.00%	1.10%	2.35%	2.99%	2.63%	2.24%	3.55%	3.09%	2.68%	1.40%	1.42%	1.45%

Financials

Frequently Asked Questions

Can I hold both HWM and JNPR in my portfolio?

HWM and JNPR have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.