IX vs. APH

Last updated Jun 4, 2026

IX (ORIX Corporation) and APH (Amphenol Corporation) are both stocks. IX operates in Credit Services (Financial Services), while APH operates in Electronic Components (Technology). Over the past 10 years, IX returned 13.24%/yr vs 27.09%/yr for APH. At a 0.28 correlation, their price movements are largely independent.

Performance

IX vs. APH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ORIX Corporation (IX) and Amphenol Corporation (APH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IX achieves a 34.33% return, which is significantly higher than APH's 9.45% return. Over the past 10 years, IX has underperformed APH with an annualized return of 13.24%, while APH has yielded a comparatively higher 27.09% annualized return.

IX

• 1D: 1.13%
• 1M: 19.45%
• YTD: 34.33%
• 6M: 42.26%
• 1Y: 87.12%
• 3Y*: 34.46%
• 5Y*: 19.83%
• 10Y*: 13.24%

APH

• 1D: -0.53%
• 1M: 4.67%
• YTD: 9.45%
• 6M: 6.89%
• 1Y: 62.16%
• 3Y*: 57.45%
• 5Y*: 34.98%
• 10Y*: 27.09%

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

IX vs. APH - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IX ORIX Corporation	34.33%	43.44%	17.66%	19.98%	-19.17%	31.62%	-4.86%	16.58%	-15.61%	10.64%
APH Amphenol Corporation	9.45%	96.08%	41.30%	31.85%	-11.96%	35.25%	22.09%	34.91%	-6.82%	31.81%

Correlation

The correlation between IX and APH is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.37
Correlation (All Time) Calculated using the full available price history since Sep 17, 1998	0.28

The correlation between IX and APH shifts across timeframes, from 0.25 (1 year) to 0.37 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap IX : $42.64B APH : $190.39B
EPS IX : $401.75 APH : $4.58
PE Ratio IX : 0.10 APH : 32.20
PEG Ratio IX : 0.01 APH : 1.07
PS Ratio IX : 0.01 APH : 7.31
PB Ratio IX : 0.01 APH : 13.62
Total Revenue (TTM) IX : $3.34T APH : $25.90B
Gross Profit (TTM) IX : $1.17T APH : $9.67B
EBITDA (TTM) IX : $1.27T APH : $7.45B

Return for Risk

IX vs. APH — Risk / Return Rank

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

IX

IX Risk / Return Rank: 93
IX Sharpe Ratio Rank: 95
IX Sortino Ratio Rank: 95
IX Omega Ratio Rank: 95
IX Calmar Ratio Rank: 89
IX Martin Ratio Rank: 90

APH

APH Risk / Return Rank: 77
APH Sharpe Ratio Rank: 82
APH Sortino Ratio Rank: 74
APH Omega Ratio Rank: 76
APH Calmar Ratio Rank: 76
APH Martin Ratio Rank: 77

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.

IX vs. APH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ORIX Corporation (IX) and Amphenol Corporation (APH). 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.

	IX	APH	Difference
Sharpe ratio Return per unit of total volatility	3.35	1.55	+1.81
Sortino ratio Return per unit of downside risk	4.26	1.98	+2.28
Omega ratio Gain probability vs. loss probability	1.56	1.28	+0.28
Calmar ratio Return relative to maximum drawdown	4.31	2.22	+2.09
Martin ratio Return relative to average drawdown	12.41	5.79	+6.62
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IX vs. APH - Sharpe Ratio Comparison

The current IX Sharpe Ratio is 3.35, which is higher than the APH Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of IX and APH, 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

	IX	APH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.35	1.55	+1.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	1.16	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	0.98	-0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.20	0.63	-0.43

Drawdowns

IX vs. APH - Drawdown Comparison

The maximum IX drawdown since its inception was -93.82%, which is greater than APH's maximum drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for IX and APH.

Drawdown Indicators

	IX	APH	Difference
Max Drawdown Largest peak-to-trough decline	-93.82%	-63.41%	-30.41%
Max Drawdown (1Y) Largest decline over 1 year	-20.33%	-28.19%	+7.86%
Max Drawdown (3Y) Largest decline over 3 years	-24.34%	-28.19%	+3.85%
Max Drawdown (5Y) Largest decline over 5 years	-37.67%	-28.73%	-8.94%
Max Drawdown (10Y) Largest decline over 10 years	-47.23%	-37.56%	-9.67%
Current Drawdown Current decline from peak	-1.68%	-11.03%	+9.35%
Average Drawdown Average peak-to-trough decline	-44.98%	-13.56%	-31.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.04%	10.76%	-3.72%

Volatility

IX vs. APH - Volatility Comparison

The current volatility for ORIX Corporation (IX) is 11.66%, while Amphenol Corporation (APH) has a volatility of 15.91%. This indicates that IX experiences smaller price fluctuations and is considered to be less risky than APH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IX	APH	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.66%	15.91%	-4.25%
Volatility (6M) Calculated over the trailing 6-month period	21.81%	36.03%	-14.22%
Volatility (1Y) Calculated over the trailing 1-year period	26.13%	40.39%	-14.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.95%	30.42%	-5.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.67%	27.75%	-2.08%

Dividends

IX vs. APH - Dividend Comparison

IX's dividend yield for the trailing twelve months is around 1.53%, more than APH's 0.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APH Amphenol Corporation	0.56%	0.55%	0.79%	1.07%	1.06%	0.89%	0.80%	0.89%	1.09%	0.80%	0.86%	1.01%
IX ORIX Corporation	1.53%	3.43%	3.63%	3.22%	1.94%	0.00%	2.17%	0.00%	0.00%	1.41%	2.40%	0.00%

Financials

IX vs. APH - Profitability Comparison

The chart below illustrates the profitability comparison between ORIX Corporation and Amphenol Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

IX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a gross profit of 326.61B and revenue of 938.86B. Therefore, the gross margin over that period was 34.8%.

APH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a gross profit of 2.80B and revenue of 7.62B. Therefore, the gross margin over that period was 36.8%.

IX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported an operating income of 415.02B and revenue of 938.86B, resulting in an operating margin of 44.2%.

APH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported an operating income of 1.83B and revenue of 7.62B, resulting in an operating margin of 24.0%.

IX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ORIX Corporation reported a net income of 58.65B and revenue of 938.86B, resulting in a net margin of 6.3%.

APH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a net income of 2.35B and revenue of 7.62B, resulting in a net margin of 30.8%.

Frequently Asked Questions

Can I hold both IX and APH in my portfolio?

IX and APH have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IX or APH?

APH has higher volatility (15.91%) compared to IX (11.66%). In terms of maximum drawdown, IX dropped -93.82% vs APH's -63.41%.

Which has better risk-adjusted returns?

IX currently has the higher Sharpe Ratio (3.35 vs 1.55), 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.