KNX vs. ODFL
KNX (Knight-Swift Transportation Holdings Inc.) and ODFL (Old Dominion Freight Line, Inc.) are both stocks. Both operate in the Trucking industry within the Industrials sector. Over the past 10 years, KNX returned 10.32%/yr vs 25.47%/yr for ODFL. Their 0.44 correlation means their historical movements had little consistent relationship.
Performance
KNX vs. ODFL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KNX achieves a 33.77% return, which is significantly lower than ODFL's 35.65% return. Over the past 10 years, KNX has underperformed ODFL with an annualized return of 10.32%, while ODFL has yielded a comparatively higher 25.47% annualized return.
KNX
- 1D
- -0.39%
- 1M
- -8.93%
- 6M
- 26.93%
- YTD
- 33.77%
- 1Y
- 70.68%
- 3Y*
- 6.56%
- 5Y*
- 8.16%
- 10Y*
- 10.32%
- ALL TIME*
- 13.24%
ODFL
- 1D
- -0.16%
- 1M
- -2.53%
- 6M
- 22.81%
- YTD
- 35.65%
- 1Y
- 50.53%
- 3Y*
- 1.50%
- 5Y*
- 10.08%
- 10Y*
- 25.47%
- ALL TIME*
- 18.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $348.85M | $312.95M | $336.68M | |
| $417.48M | $372.69M | $412.56M |
KNX vs. ODFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KNX Knight-Swift Transportation Holdings Inc. | 33.77% | 0.09% | -6.86% | 11.11% | -13.20% | 46.82% | 17.64% | 44.01% | -42.30% | 33.16% |
ODFL Old Dominion Freight Line, Inc. | 35.65% | -10.47% | -12.51% | 43.46% | -20.48% | 84.15% | 54.81% | 54.36% | -5.79% | 54.11% |
Correlation
The correlation between KNX and ODFL is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 1994 | 0.44 |
Over the past year, KNX and ODFL have become more correlated (0.72) than their long-term average of 0.44, meaning their price movements have been converging.
Fundamentals
KNX:
$11.30B
ODFL:
$44.12B
KNX:
$0.26
ODFL:
$5.19
KNX:
263.94
ODFL:
40.84
KNX:
1.47
ODFL:
7.94
KNX:
1.63
ODFL:
9.74
KNX:
$7.73B
ODFL:
$5.60B
KNX:
$2.43B
ODFL:
$2.79B
KNX:
$928.50M
ODFL:
$1.73B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
KNX vs. ODFL — Risk / Return Rank
KNX
ODFL
KNX vs. ODFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Knight-Swift Transportation Holdings Inc. (KNX) and Old Dominion Freight Line, Inc. (ODFL). 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.
| KNX | ODFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.21 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.69 | 2.11 | +1.57 |
| Martin ratioReturn relative to average drawdown | 9.96 | 4.79 | +5.17 |
Loading charts...
Drawdowns
KNX vs. ODFL - Drawdown Comparison
The maximum KNX drawdown since its inception was -67.93%, roughly equal to the maximum ODFL drawdown of -66.29%. Use the drawdown chart below to compare losses from any high point for KNX and ODFL.
Loading charts...
Drawdown Indicators
| KNX | ODFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.93% | -66.29% | -1.64% |
Max Drawdown (1Y)Largest decline over 1 year | -17.95% | -20.49% | +2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -35.71% | -45.18% | +9.47% |
Max Drawdown (5Y)Largest decline over 5 years | -38.04% | -45.18% | +7.14% |
Max Drawdown (10Y)Largest decline over 10 years | -51.57% | -45.18% | -6.39% |
Current DrawdownCurrent decline from peak | -15.67% | -14.71% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -16.23% | -19.05% | +2.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 9.02% | -2.39% |
Volatility
KNX vs. ODFL - Volatility Comparison
Knight-Swift Transportation Holdings Inc. (KNX) and Old Dominion Freight Line, Inc. (ODFL) have volatilities of 9.77% and 9.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KNX | ODFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.77% | 9.77% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 29.40% | 30.35% | -0.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.98% | 38.61% | +1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.61% | 36.74% | -3.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.97% | 33.20% | +0.77% |
Dividends
KNX vs. ODFL - Dividend Comparison
KNX's dividend yield for the trailing twelve months is around 1.09%, more than ODFL's 0.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNX Knight-Swift Transportation Holdings Inc. | 1.09% | 1.38% | 1.21% | 0.97% | 0.92% | 0.62% | 0.77% | 0.67% | 0.96% | 0.55% | 0.73% | 0.99% |
ODFL Old Dominion Freight Line, Inc. | 0.54% | 0.71% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.42% | 0.38% | 0.00% | 0.00% |
Financials
KNX vs. ODFL - Financials Comparison
This section allows you to compare key financial metrics between Knight-Swift Transportation Holdings Inc. and Old Dominion Freight Line, Inc.. 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
KNX vs. ODFL - Profitability Comparison
KNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported a gross profit of 697.39M and revenue of 2.10B. Therefore, the gross margin over that period was 33.3%.
ODFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported a gross profit of 1.55B and revenue of 1.55B. Therefore, the gross margin over that period was 100.0%.
KNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported an operating income of 104.85M and revenue of 2.10B, resulting in an operating margin of 5.0%.
ODFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported an operating income of 474.61M and revenue of 1.55B, resulting in an operating margin of 30.5%.
KNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Knight-Swift Transportation Holdings Inc. reported a net income of 43.19M and revenue of 2.10B, resulting in a net margin of 2.1%.
ODFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Old Dominion Freight Line, Inc. reported a net income of 350.60M and revenue of 1.55B, resulting in a net margin of 22.6%.
Frequently Asked Questions
KNX and ODFL have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ODFL has higher volatility (9.77%) compared to KNX (9.77%). In terms of maximum drawdown, KNX dropped -67.93% vs ODFL's -66.29%.
KNX currently has the higher Sharpe Ratio (1.65 vs 1.12), 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.
Find the right allocation for KNX and ODFL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer