HWM vs. TEL
HWM (Howmet Aerospace Inc.) and TEL (TE Connectivity Ltd.) are both stocks. HWM operates in Specialty Industrial Machinery (Industrials), while TEL operates in Electronic Components (Technology). Over the past 10 years, HWM returned 33.28%/yr vs 15.34%/yr for TEL. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
HWM vs. TEL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HWM achieves a 29.23% return, which is significantly higher than TEL's -6.89% return. Over the past 10 years, HWM has outperformed TEL with an annualized return of 33.28%, while TEL has yielded a comparatively lower 15.34% annualized return.
HWM
- 1D
- 0.03%
- 1M
- -3.09%
- YTD
- 29.23%
- 6M
- 33.60%
- 1Y
- 54.66%
- 3Y*
- 79.69%
- 5Y*
- 50.00%
- 10Y*
- 33.28%
TEL
- 1D
- 1.27%
- 1M
- 1.70%
- YTD
- -6.89%
- 6M
- -7.96%
- 1Y
- 28.49%
- 3Y*
- 18.61%
- 5Y*
- 10.72%
- 10Y*
- 15.34%
HWM vs. TEL - 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% |
TEL TE Connectivity Ltd. | -6.89% | 61.60% | 3.51% | 24.62% | -27.66% | 35.12% | 28.95% | 29.37% | -18.87% | 39.88% |
Correlation
The correlation between HWM and TEL is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.41 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007 | 0.51 |
The correlation between HWM and TEL shifts across timeframes, from 0.41 (3 years) to 0.51 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HWM:
$106.66B
TEL:
$62.06B
HWM:
$4.31
TEL:
$9.78
HWM:
61.42
TEL:
21.50
HWM:
1.04
TEL:
3.98
HWM:
12.42
TEL:
3.37
HWM:
19.32
TEL:
4.69
HWM:
$8.62B
TEL:
$18.52B
HWM:
$2.81B
TEL:
$6.55B
HWM:
$2.66B
TEL:
$4.47B
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
HWM vs. TEL — Risk / Return Rank
HWM
TEL
HWM vs. TEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Howmet Aerospace Inc. (HWM) and TE Connectivity Ltd. (TEL). 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 | TEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.91 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.18 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 1.37 | +2.08 |
| Martin ratioReturn relative to average drawdown | 9.77 | 3.07 | +6.70 |
Loading charts...
Drawdowns
HWM vs. TEL - Drawdown Comparison
The maximum HWM drawdown since its inception was -88.30%, which is greater than TEL's maximum drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for HWM and TEL.
Loading charts...
Drawdown Indicators
| HWM | TEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -88.30% | -81.07% | -7.23% |
Max Drawdown (1Y)Largest decline over 1 year | -15.89% | -20.85% | +4.96% |
Max Drawdown (3Y)Largest decline over 3 years | -19.41% | -22.60% | +3.19% |
Max Drawdown (5Y)Largest decline over 5 years | -21.61% | -34.26% | +12.65% |
Max Drawdown (10Y)Largest decline over 10 years | -64.81% | -47.71% | -17.10% |
Current DrawdownCurrent decline from peak | -3.26% | -14.72% | +11.46% |
Average DrawdownAverage peak-to-trough decline | -31.00% | -13.63% | -17.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.61% | 9.29% | -3.68% |
Volatility
HWM vs. TEL - Volatility Comparison
Howmet Aerospace Inc. (HWM) has a higher volatility of 11.03% compared to TE Connectivity Ltd. (TEL) at 10.11%. This indicates that HWM's price experiences larger fluctuations and is considered to be riskier than TEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HWM | TEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.03% | 10.11% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 25.03% | 28.10% | -3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.46% | 34.13% | -2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.20% | 28.12% | +4.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.82% | 28.39% | +11.43% |
Dividends
HWM vs. TEL - Dividend Comparison
HWM's dividend yield for the trailing twelve months is around 0.18%, less than TEL's 1.38% yield.
| 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% |
TEL TE Connectivity Ltd. | 1.38% | 1.22% | 1.78% | 1.66% | 1.90% | 1.23% | 1.57% | 1.90% | 2.27% | 1.65% | 2.08% | 1.98% |
Financials
HWM vs. TEL - Financials Comparison
This section allows you to compare key financial metrics between Howmet Aerospace Inc. and TE Connectivity Ltd.. 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
HWM vs. TEL - Profitability Comparison
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%.
TEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a gross profit of 1.75B and revenue of 4.74B. Therefore, the gross margin over that period was 36.8%.
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%.
TEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported an operating income of 954.00M and revenue of 4.74B, resulting in an operating margin of 20.1%.
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%.
TEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a net income of 855.00M and revenue of 4.74B, resulting in a net margin of 18.0%.
Frequently Asked Questions
HWM and TEL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HWM has higher volatility (11.03%) compared to TEL (10.11%). In terms of maximum drawdown, HWM dropped -88.30% vs TEL's -81.07%.
HWM currently has the higher Sharpe Ratio (1.75 vs 0.84), 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 HWM and TEL
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