ISSC vs. WWD

Last updated Jun 6, 2026

ISSC (Innovative Solutions and Support, Inc.) and WWD (Woodward, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, ISSC returned 21.08%/yr vs 20.54%/yr for WWD. At a 0.20 correlation, their price movements are largely independent.

Performance

ISSC vs. WWD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovative Solutions and Support, Inc. (ISSC) and Woodward, Inc. (WWD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ISSC achieves a -8.66% return, which is significantly lower than WWD's 18.53% return. Both investments have delivered pretty close results over the past 10 years, with ISSC having a 21.08% annualized return and WWD not far behind at 20.54%.

ISSC

• 1D: -4.63%
• 1M: -20.35%
• YTD: -8.66%
• 6M: 69.28%
• 1Y: 47.99%
• 3Y*: 36.38%
• 5Y*: 23.39%
• 10Y*: 21.08%

WWD

• 1D: -0.73%
• 1M: -6.37%
• YTD: 18.53%
• 6M: 18.09%
• 1Y: 53.92%
• 3Y*: 49.08%
• 5Y*: 23.78%
• 10Y*: 20.54%

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

ISSC vs. WWD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ISSC Innovative Solutions and Support, Inc.	-8.66%	121.78%	0.12%	3.77%	25.32%	0.61%	29.83%	158.41%	-23.13%	-11.71%
WWD Woodward, Inc.	18.53%	82.58%	23.01%	41.97%	-11.09%	-9.43%	3.18%	60.42%	-2.23%	11.63%

Correlation

The correlation between ISSC and WWD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.26
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Aug 7, 2000	0.20

Over the past year, ISSC and WWD have become more correlated (0.40) than their long-term average of 0.20, meaning their price movements have been converging.

Fundamentals

Market Cap ISSC : $316.63M WWD : $21.99B
EPS ISSC : $0.94 WWD : $4.00
PE Ratio ISSC : 18.36 WWD : 89.46
PEG Ratio ISSC : 0.47 WWD : 3.47
PS Ratio ISSC : 3.46 WWD : 5.51
PB Ratio ISSC : 4.39 WWD : 8.71
Total Revenue (TTM) ISSC : $90.56M WWD : $4.00B
Gross Profit (TTM) ISSC : $44.22M WWD : $526.56M
EBITDA (TTM) ISSC : $26.70M WWD : $706.85M

Return for Risk

ISSC vs. WWD — Risk / Return Rank

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

ISSC

ISSC Risk / Return Rank: 60
ISSC Sharpe Ratio Rank: 61
ISSC Sortino Ratio Rank: 62
ISSC Omega Ratio Rank: 63
ISSC Calmar Ratio Rank: 59
ISSC Martin Ratio Rank: 57

WWD

WWD Risk / Return Rank: 83
WWD Sharpe Ratio Rank: 83
WWD Sortino Ratio Rank: 83
WWD Omega Ratio Rank: 80
WWD Calmar Ratio Rank: 86
WWD Martin Ratio Rank: 85

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.

ISSC vs. WWD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovative Solutions and Support, Inc. (ISSC) and Woodward, Inc. (WWD). 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.

	ISSC	WWD	Difference
Sharpe ratio: Return per unit of total volatility	0.59	1.57	-0.98
Sortino ratio: Return per unit of downside risk	1.34	2.54	-1.19
Omega ratio: Gain probability vs. loss probability	1.18	1.30	-0.12
Calmar ratio: Return relative to maximum drawdown	0.83	3.57	-2.74
Martin ratio: Return relative to average drawdown	1.55	8.83	-7.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ISSC vs. WWD - Sharpe Ratio Comparison

The current ISSC Sharpe Ratio is 0.59, which is lower than the WWD Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of ISSC and WWD, 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

	ISSC	WWD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.59	1.57	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.40	0.75	-0.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.37	0.58	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.46	-0.34

Drawdowns

ISSC vs. WWD - Drawdown Comparison

The maximum ISSC drawdown since its inception was -89.03%, which is greater than WWD's maximum drawdown of -83.18%. Use the drawdown chart below to compare losses from any high point for ISSC and WWD.

Drawdown Indicators

	ISSC	WWD	Difference
Max Drawdown Largest peak-to-trough decline	-89.03%	-83.18%	-5.85%
Max Drawdown (1Y) Largest decline over 1 year	-57.83%	-15.17%	-42.66%
Max Drawdown (3Y) Largest decline over 3 years	-57.83%	-19.31%	-38.52%
Max Drawdown (5Y) Largest decline over 5 years	-57.83%	-37.25%	-20.58%
Max Drawdown (10Y) Largest decline over 10 years	-62.41%	-60.61%	-1.80%
Current Drawdown Current decline from peak	-43.39%	-11.21%	-32.18%
Average Drawdown Average peak-to-trough decline	-50.60%	-17.88%	-32.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	31.10%	6.12%	+24.98%

Volatility

ISSC vs. WWD - Volatility Comparison

Innovative Solutions and Support, Inc. (ISSC) has a higher volatility of 21.59% compared to Woodward, Inc. (WWD) at 8.79%. This indicates that ISSC's price experiences larger fluctuations and is considered to be riskier than WWD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISSC	WWD	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.59%	8.79%	+12.80%
Volatility (6M) Calculated over the trailing 6-month period	64.39%	27.71%	+36.68%
Volatility (1Y) Calculated over the trailing 1-year period	82.07%	34.53%	+47.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.74%	31.87%	+26.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.93%	35.28%	+21.65%

Dividends

ISSC vs. WWD - Dividend Comparison

ISSC has not paid dividends to shareholders, while WWD's dividend yield for the trailing twelve months is around 0.34%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ISSC Innovative Solutions and Support, Inc.	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	17.64%	0.00%	0.00%	0.00%	0.00%	0.00%
WWD Woodward, Inc.	0.34%	0.37%	0.60%	0.65%	0.79%	0.59%	0.43%	0.55%	0.77%	0.65%	0.64%	0.81%

Financials

ISSC vs. WWD - Profitability Comparison

The chart below illustrates the profitability comparison between Innovative Solutions and Support, Inc. and Woodward, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

ISSC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Innovative Solutions and Support, Inc. reported a gross profit of 11.43M and revenue of 22.37M. Therefore, the gross margin over that period was 51.1%.

WWD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Woodward, Inc. reported a gross profit of -292.16M and revenue of 1.09B. Therefore, the gross margin over that period was -26.8%.

ISSC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Innovative Solutions and Support, Inc. reported an operating income of 4.94M and revenue of 22.37M, resulting in an operating margin of 22.1%.

WWD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Woodward, Inc. reported an operating income of -159.42M and revenue of 1.09B, resulting in an operating margin of -14.6%.

ISSC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Innovative Solutions and Support, Inc. reported a net income of 3.43M and revenue of 22.37M, resulting in a net margin of 15.4%.

WWD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Woodward, Inc. reported a net income of -133.72M and revenue of 1.09B, resulting in a net margin of -12.3%.

Frequently Asked Questions

Can I hold both ISSC and WWD in my portfolio?

ISSC and WWD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISSC or WWD?

ISSC has higher volatility (21.59%) compared to WWD (8.79%). In terms of maximum drawdown, ISSC dropped -89.03% vs WWD's -83.18%.

Which has better risk-adjusted returns?

WWD currently has the higher Sharpe Ratio (1.57 vs 0.59), 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.