IP vs. WY

Last updated Jun 3, 2026

IP (International Paper Company) and WY (Weyerhaeuser Company) are both stocks. IP operates in Packaging & Containers (Consumer Cyclical), while WY operates in REIT - Specialty (Real Estate). Over the past 10 years, IP returned 2.51%/yr vs 1.45%/yr for WY. A 0.53 correlation means they provide meaningful diversification when combined.

Performance

IP vs. WY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in International Paper Company (IP) and Weyerhaeuser Company (WY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IP achieves a -11.97% return, which is significantly lower than WY's 3.85% return. Over the past 10 years, IP has outperformed WY with an annualized return of 2.51%, while WY has yielded a comparatively lower 1.45% annualized return.

IP

• 1D: 0.42%
• 1M: 8.10%
• YTD: -11.97%
• 6M: -8.38%
• 1Y: -24.90%
• 3Y*: 8.40%
• 5Y*: -7.02%
• 10Y*: 2.51%

WY

• 1D: 2.87%
• 1M: 1.67%
• YTD: 3.85%
• 6M: 12.39%
• 1Y: -2.46%
• 3Y*: -2.78%
• 5Y*: -3.86%
• 10Y*: 1.45%

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

IP vs. WY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IP International Paper Company	-11.97%	-23.83%	55.31%	10.20%	-23.05%	3.48%	13.83%	19.47%	-27.72%	13.13%
WY Weyerhaeuser Company	3.85%	-13.05%	-16.61%	18.04%	-20.44%	26.92%	13.04%	45.57%	-35.46%	21.60%

Correlation

The correlation between IP and WY is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 4, 1973	0.53

The correlation between IP and WY shifts across timeframes, from 0.37 (3 years) to 0.53 (all time), reflecting how their relationship changes across market environments.

Fundamentals

EPS IP : -$6.29 WY : $0.73
PS Ratio IP : 0.72 WY : 1.91
Total Revenue (TTM) IP : $24.97B WY : $6.92B
Gross Profit (TTM) IP : $7.44B WY : $928.00M
EBITDA (TTM) IP : -$41.00M WY : $999.00M

Return for Risk

IP vs. WY — Risk / Return Rank

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

IP

IP Risk / Return Rank: 17
IP Sharpe Ratio Rank: 14
IP Sortino Ratio Rank: 16
IP Omega Ratio Rank: 16
IP Calmar Ratio Rank: 20
IP Martin Ratio Rank: 18

WY

WY Risk / Return Rank: 33
WY Sharpe Ratio Rank: 36
WY Sortino Ratio Rank: 30
WY Omega Ratio Rank: 30
WY Calmar Ratio Rank: 35
WY Martin Ratio Rank: 34

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.

IP vs. WY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for International Paper Company (IP) and Weyerhaeuser Company (WY). 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.

	IP	WY	Difference
Sharpe ratio Return per unit of total volatility	-0.62	-0.10	-0.52
Sortino ratio Return per unit of downside risk	-0.65	0.05	-0.70
Omega ratio Gain probability vs. loss probability	0.91	1.01	-0.09
Calmar ratio Return relative to maximum drawdown	-0.57	-0.15	-0.41
Martin ratio Return relative to average drawdown	-1.06	-0.32	-0.74
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IP vs. WY - Sharpe Ratio Comparison

The current IP Sharpe Ratio is -0.62, which is lower than the WY Sharpe Ratio of -0.10. The chart below compares the historical Sharpe Ratios of IP and WY, 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

	IP	WY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.62	-0.10	-0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.22	-0.15	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.08	0.05	+0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.14	+0.05

Drawdowns

IP vs. WY - Drawdown Comparison

The maximum IP drawdown since its inception was -90.62%, which is greater than WY's maximum drawdown of -75.69%. Use the drawdown chart below to compare losses from any high point for IP and WY.

Drawdown Indicators

	IP	WY	Difference
Max Drawdown Largest peak-to-trough decline	-90.62%	-75.69%	-14.93%
Max Drawdown (1Y) Largest decline over 1 year	-45.52%	-21.96%	-23.56%
Max Drawdown (3Y) Largest decline over 3 years	-48.61%	-37.98%	-10.63%
Max Drawdown (5Y) Largest decline over 5 years	-48.61%	-43.02%	-5.59%
Max Drawdown (10Y) Largest decline over 10 years	-55.27%	-61.69%	+6.42%
Current Drawdown Current decline from peak	-39.94%	-33.72%	-6.22%
Average Drawdown Average peak-to-trough decline	-20.88%	-21.91%	+1.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.50%	10.61%	+13.89%

Volatility

IP vs. WY - Volatility Comparison

International Paper Company (IP) has a higher volatility of 11.25% compared to Weyerhaeuser Company (WY) at 7.48%. This indicates that IP's price experiences larger fluctuations and is considered to be riskier than WY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IP	WY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.25%	7.48%	+3.77%
Volatility (6M) Calculated over the trailing 6-month period	31.07%	18.65%	+12.42%
Volatility (1Y) Calculated over the trailing 1-year period	40.58%	25.86%	+14.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.36%	26.23%	+6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.11%	32.18%	-0.07%

Dividends

IP vs. WY - Dividend Comparison

IP's dividend yield for the trailing twelve months is around 5.47%, more than WY's 2.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IP International Paper Company	5.47%	4.70%	3.44%	5.12%	5.34%	4.08%	4.12%	4.37%	4.77%	3.21%	3.36%	4.35%
WY Weyerhaeuser Company	2.58%	3.55%	3.34%	4.77%	7.00%	2.87%	1.52%	4.50%	6.04%	3.55%	4.12%	4.00%

Financials

IP vs. WY - Profitability Comparison

The chart below illustrates the profitability comparison between International Paper Company and Weyerhaeuser Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

WY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Weyerhaeuser Company reported a gross profit of 318.00M and revenue of 1.73B. Therefore, the gross margin over that period was 18.4%.

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%.

WY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Weyerhaeuser Company reported an operating income of 247.00M and revenue of 1.73B, resulting in an operating margin of 14.3%.

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%.

WY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Weyerhaeuser Company reported a net income of 156.00M and revenue of 1.73B, resulting in a net margin of 9.0%.

Frequently Asked Questions

Can I hold both IP and WY in my portfolio?

IP and WY have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IP or WY?

IP has higher volatility (11.25%) compared to WY (7.48%). In terms of maximum drawdown, IP dropped -90.62% vs WY's -75.69%.

Which has better risk-adjusted returns?

WY currently has the higher Sharpe Ratio (-0.10 vs -0.62), 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.