IP vs. SIG
IP (International Paper Company) and SIG (Signet Jewelers Limited) are both stocks. Both are in the Consumer Cyclical sector — IP in Packaging & Containers, SIG in Luxury Goods. Over the past 10 years, IP returned 3.48%/yr vs 2.83%/yr for SIG. At a 0.28 correlation, their price movements are largely independent.
Performance
IP vs. SIG - Performance Comparison
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Returns By Period
In the year-to-date period, IP achieves a -5.93% return, which is significantly lower than SIG's 9.70% return. Over the past 10 years, IP has outperformed SIG with an annualized return of 3.48%, while SIG has yielded a comparatively lower 2.83% annualized return.
IP
- 1D
- 3.43%
- 1M
- 21.24%
- YTD
- -5.93%
- 6M
- -3.85%
- 1Y
- -17.46%
- 3Y*
- 9.44%
- 5Y*
- -5.62%
- 10Y*
- 3.48%
SIG
- 1D
- -1.63%
- 1M
- 18.77%
- YTD
- 9.70%
- 6M
- 3.75%
- 1Y
- 19.68%
- 3Y*
- 17.13%
- 5Y*
- 5.20%
- 10Y*
- 2.83%
IP vs. SIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IP International Paper Company | -5.93% | -23.83% | 55.31% | 10.20% | -23.05% | 3.48% | 13.83% | 19.47% | -27.72% | 13.13% |
SIG Signet Jewelers Limited | 9.70% | 4.46% | -23.85% | 59.64% | -20.96% | 220.69% | 27.22% | -26.28% | -42.19% | -38.94% |
Correlation
The correlation between IP and SIG is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.39 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Oct 31, 1994 | 0.28 |
The correlation between IP and SIG shifts across timeframes, from 0.28 (all time) to 0.39 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
IP:
$19.22B
SIG:
$3.65B
IP:
-$6.29
SIG:
$7.11
IP:
0.77
SIG:
0.54
IP:
1.30
SIG:
1.92
IP:
$24.97B
SIG:
$6.83B
IP:
$7.44B
SIG:
$2.66B
IP:
-$41.00M
SIG:
$601.70M
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Return for Risk
IP vs. SIG — Risk / Return Rank
IP
SIG
IP vs. SIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Paper Company (IP) and Signet Jewelers Limited (SIG). 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.
| IP | SIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.09 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 0.54 | -0.97 |
| Martin ratioReturn relative to average drawdown | -0.78 | 1.24 | -2.01 |
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Drawdowns
IP vs. SIG - Drawdown Comparison
The maximum IP drawdown since its inception was -90.62%, smaller than the maximum SIG drawdown of -95.53%. Use the drawdown chart below to compare losses from any high point for IP and SIG.
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Drawdown Indicators
| IP | SIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.62% | -95.53% | +4.91% |
Max Drawdown (1Y)Largest decline over 1 year | -45.52% | -29.73% | -15.79% |
Max Drawdown (3Y)Largest decline over 3 years | -48.61% | -57.12% | +8.51% |
Max Drawdown (5Y)Largest decline over 5 years | -48.61% | -57.12% | +8.51% |
Max Drawdown (10Y)Largest decline over 10 years | -55.27% | -93.23% | +37.96% |
Current DrawdownCurrent decline from peak | -35.82% | -26.24% | -9.58% |
Average DrawdownAverage peak-to-trough decline | -20.89% | -31.47% | +10.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.34% | 12.86% | +12.48% |
Volatility
IP vs. SIG - Volatility Comparison
International Paper Company (IP) has a higher volatility of 15.74% compared to Signet Jewelers Limited (SIG) at 14.22%. This indicates that IP's price experiences larger fluctuations and is considered to be riskier than SIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IP | SIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 14.22% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 32.96% | 35.06% | -2.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.63% | 46.81% | -4.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.86% | 53.06% | -20.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.35% | 65.30% | -32.95% |
Dividends
IP vs. SIG - Dividend Comparison
IP's dividend yield for the trailing twelve months is around 5.12%, more than SIG's 1.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IP International Paper Company | 5.12% | 4.70% | 3.44% | 5.12% | 5.34% | 4.08% | 4.12% | 4.37% | 4.77% | 3.21% | 3.36% | 4.35% |
SIG Signet Jewelers Limited | 1.45% | 1.51% | 1.36% | 0.83% | 1.15% | 0.41% | 1.36% | 6.81% | 4.47% | 2.10% | 1.06% | 0.68% |
Financials
IP vs. SIG - Financials Comparison
This section allows you to compare key financial metrics between International Paper Company and Signet Jewelers Limited. 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
IP vs. SIG - Profitability Comparison
IP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Paper Company reported a gross profit of 1.73B and revenue of 5.97B. Therefore, the gross margin over that period was 28.9%.
SIG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported a gross profit of 556.50M and revenue of 1.55B. Therefore, the gross margin over that period was 35.8%.
IP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Paper Company reported an operating income of 76.00M and revenue of 5.97B, resulting in an operating margin of 1.3%.
SIG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported an operating income of 36.90M and revenue of 1.55B, resulting in an operating margin of 2.4%.
IP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Paper Company reported a net income of 76.00M and revenue of 5.97B, resulting in a net margin of 1.3%.
SIG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Signet Jewelers Limited reported a net income of 31.70M and revenue of 1.55B, resulting in a net margin of 2.0%.
Frequently Asked Questions
IP and SIG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IP has higher volatility (15.74%) compared to SIG (14.22%). In terms of maximum drawdown, IP dropped -90.62% vs SIG's -95.53%.
SIG currently has the higher Sharpe Ratio (0.34 vs -0.46), 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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