IPI vs. MOS

Last updated Jun 3, 2026

IPI (Intrepid Potash, Inc.) and MOS (The Mosaic Company) are both stocks. Both operate in the Agricultural Inputs industry within the Basic Materials sector. Over the past 10 years, IPI returned 11.52%/yr vs 0.55%/yr for MOS. A 0.62 correlation means they provide meaningful diversification when combined.

Performance

IPI vs. MOS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Intrepid Potash, Inc. (IPI) and The Mosaic Company (MOS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IPI achieves a 37.29% return, which is significantly higher than MOS's -1.47% return. Over the past 10 years, IPI has outperformed MOS with an annualized return of 11.52%, while MOS has yielded a comparatively lower 0.55% annualized return.

IPI

• 1D: -0.31%
• 1M: -4.15%
• YTD: 37.29%
• 6M: 48.83%
• 1Y: 1.68%
• 3Y*: 25.59%
• 5Y*: 5.31%
• 10Y*: 11.52%

MOS

• 1D: -0.13%
• 1M: 1.67%
• YTD: -1.47%
• 6M: -1.75%
• 1Y: -34.05%
• 3Y*: -8.32%
• 5Y*: -6.82%
• 10Y*: 0.55%

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

IPI vs. MOS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IPI Intrepid Potash, Inc.	37.29%	26.51%	-8.25%	-17.25%	-32.44%	76.94%	-10.89%	4.23%	-45.38%	128.85%
MOS The Mosaic Company	-1.47%	1.10%	-29.14%	-16.42%	12.80%	72.15%	7.60%	-25.28%	14.22%	-10.38%

Correlation

The correlation between IPI and MOS is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Apr 23, 2008	0.62

The correlation between IPI and MOS shifts across timeframes, from 0.52 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IPI : $505.84M MOS : $7.40B
EPS IPI : $1.06 MOS : $2.32
PE Ratio IPI : 35.85 MOS : 10.02
PEG Ratio IPI : 0.09 MOS : 0.21
PS Ratio IPI : 1.68 MOS : 0.60
PB Ratio IPI : 1.02 MOS : 0.63
Total Revenue (TTM) IPI : $299.25M MOS : $12.06B
Gross Profit (TTM) IPI : $56.60M MOS : $1.68B
EBITDA (TTM) IPI : $42.18M MOS : $1.94B

Return for Risk

IPI vs. MOS — Risk / Return Rank

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

IPI

IPI Risk / Return Rank: 40
IPI Sharpe Ratio Rank: 41
IPI Sortino Ratio Rank: 40
IPI Omega Ratio Rank: 39
IPI Calmar Ratio Rank: 40
IPI Martin Ratio Rank: 39

MOS

MOS Risk / Return Rank: 10
MOS Sharpe Ratio Rank: 8
MOS Sortino Ratio Rank: 10
MOS Omega Ratio Rank: 11
MOS Calmar Ratio Rank: 11
MOS Martin Ratio Rank: 10

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.

IPI vs. MOS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Intrepid Potash, Inc. (IPI) and The Mosaic Company (MOS). 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.

	IPI	MOS	Difference
Sharpe ratio Return per unit of total volatility	0.03	-0.81	+0.84
Sortino ratio Return per unit of downside risk	0.46	-1.01	+1.47
Omega ratio Gain probability vs. loss probability	1.05	0.87	+0.18
Calmar ratio Return relative to maximum drawdown	0.02	-0.78	+0.80
Martin ratio Return relative to average drawdown	0.04	-1.30	+1.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IPI vs. MOS - Sharpe Ratio Comparison

The current IPI Sharpe Ratio is 0.03, which is higher than the MOS Sharpe Ratio of -0.81. The chart below compares the historical Sharpe Ratios of IPI and MOS, 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

	IPI	MOS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.03	-0.81	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	-0.16	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.16	0.01	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	-0.19	0.08	-0.27

Drawdowns

IPI vs. MOS - Drawdown Comparison

The maximum IPI drawdown since its inception was -99.06%, roughly equal to the maximum MOS drawdown of -94.71%. Use the drawdown chart below to compare losses from any high point for IPI and MOS.

Drawdown Indicators

	IPI	MOS	Difference
Max Drawdown Largest peak-to-trough decline	-99.06%	-94.71%	-4.35%
Max Drawdown (1Y) Largest decline over 1 year	-36.95%	-42.01%	+5.06%
Max Drawdown (3Y) Largest decline over 3 years	-38.52%	-45.35%	+6.83%
Max Drawdown (5Y) Largest decline over 5 years	-85.29%	-69.65%	-15.64%
Max Drawdown (10Y) Largest decline over 10 years	-86.14%	-80.82%	-5.32%
Current Drawdown Current decline from peak	-94.62%	-79.91%	-14.71%
Average Drawdown Average peak-to-trough decline	-84.12%	-61.21%	-22.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.59%	25.29%	-4.70%

Volatility

IPI vs. MOS - Volatility Comparison

Intrepid Potash, Inc. (IPI) has a higher volatility of 20.21% compared to The Mosaic Company (MOS) at 10.22%. This indicates that IPI's price experiences larger fluctuations and is considered to be riskier than MOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IPI	MOS	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.21%	10.22%	+9.99%
Volatility (6M) Calculated over the trailing 6-month period	46.10%	33.31%	+12.79%
Volatility (1Y) Calculated over the trailing 1-year period	55.13%	42.44%	+12.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.41%	41.72%	+18.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.36%	44.92%	+26.44%

Dividends

IPI vs. MOS - Dividend Comparison

IPI has not paid dividends to shareholders, while MOS's dividend yield for the trailing twelve months is around 4.72%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IPI Intrepid Potash, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MOS The Mosaic Company	4.72%	3.65%	3.42%	2.94%	1.28%	0.70%	0.87%	0.81%	0.34%	2.34%	3.75%	3.90%

Financials

IPI vs. MOS - Profitability Comparison

The chart below illustrates the profitability comparison between Intrepid Potash, Inc. and The Mosaic Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IPI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Intrepid Potash, Inc. reported a gross profit of 17.67M and revenue of 98.69M. Therefore, the gross margin over that period was 17.9%.

MOS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Mosaic Company reported a gross profit of 235.60M and revenue of 3.00B. Therefore, the gross margin over that period was 7.9%.

IPI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Intrepid Potash, Inc. reported an operating income of -1.16M and revenue of 98.69M, resulting in an operating margin of -1.2%.

MOS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Mosaic Company reported an operating income of -372.90M and revenue of 3.00B, resulting in an operating margin of -12.4%.

IPI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Intrepid Potash, Inc. reported a net income of 7.42M and revenue of 98.69M, resulting in a net margin of 7.5%.

MOS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Mosaic Company reported a net income of -257.60M and revenue of 3.00B, resulting in a net margin of -8.6%.

Frequently Asked Questions

Can I hold both IPI and MOS in my portfolio?

IPI and MOS have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IPI or MOS?

IPI has higher volatility (20.21%) compared to MOS (10.22%). In terms of maximum drawdown, IPI dropped -99.06% vs MOS's -94.71%.

Which has better risk-adjusted returns?

IPI currently has the higher Sharpe Ratio (0.03 vs -0.81), 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.