MAS vs. SPXC

Last updated Jun 13, 2026

MAS (Masco Corporation) and SPXC (SPX Corporation) are both stocks. Both are in the Industrials sector — MAS in Building Products & Equipment, SPXC in Specialty Industrial Machinery. Over the past 10 years, MAS returned 10.99%/yr vs 31.53%/yr for SPXC. At a 0.36 correlation, their price movements are largely independent.

Performance

MAS vs. SPXC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Masco Corporation (MAS) and SPX Corporation (SPXC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAS achieves a 17.72% return, which is significantly higher than SPXC's 14.99% return. Over the past 10 years, MAS has underperformed SPXC with an annualized return of 10.99%, while SPXC has yielded a comparatively higher 31.53% annualized return.

MAS

• 1D: 0.38%
• 1M: 14.19%
• YTD: 17.72%
• 6M: 16.83%
• 1Y: 21.87%
• 3Y*: 11.75%
• 5Y*: 6.70%
• 10Y*: 10.99%

SPXC

• 1D: -1.47%
• 1M: 14.46%
• YTD: 14.99%
• 6M: 4.60%
• 1Y: 48.95%
• 3Y*: 39.38%
• 5Y*: 31.04%
• 10Y*: 31.53%

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

MAS vs. SPXC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MAS Masco Corporation	17.72%	-10.92%	10.04%	46.56%	-32.09%	29.61%	15.78%	66.27%	-32.70%	40.55%
SPXC SPX Corporation	14.99%	37.48%	44.06%	53.86%	10.00%	9.42%	7.19%	81.65%	-10.77%	32.34%

Correlation

The correlation between MAS and SPXC is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.53
Correlation (10Y) Calculated over the trailing 10-year period	0.50
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985	0.36

The correlation between MAS and SPXC shifts across timeframes, from 0.36 (all time) to 0.53 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap MAS : $15.02B SPXC : $11.62B
EPS MAS : $4.02 SPXC : $5.19
PE Ratio MAS : 18.39 SPXC : 44.34
PEG Ratio MAS : 0.56 SPXC : 0.01
PS Ratio MAS : 2.00 SPXC : 4.78
Total Revenue (TTM) MAS : $7.68B SPXC : $2.35B
Gross Profit (TTM) MAS : $2.72B SPXC : $909.30M
EBITDA (TTM) MAS : $1.39B SPXC : $475.30M

Return for Risk

MAS vs. SPXC — Risk / Return Rank

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

MAS

MAS Risk / Return Rank: 59
MAS Sharpe Ratio Rank: 62
MAS Sortino Ratio Rank: 59
MAS Omega Ratio Rank: 55
MAS Calmar Ratio Rank: 60
MAS Martin Ratio Rank: 59

SPXC

SPXC Risk / Return Rank: 76
SPXC Sharpe Ratio Rank: 79
SPXC Sortino Ratio Rank: 75
SPXC Omega Ratio Rank: 73
SPXC Calmar Ratio Rank: 76
SPXC 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.

MAS vs. SPXC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Masco Corporation (MAS) and SPX Corporation (SPXC). 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.

	MAS	SPXC	Difference
Sharpe ratio: Return per unit of total volatility	0.56	1.23	-0.67
Sortino ratio: Return per unit of downside risk	1.12	1.90	-0.78
Omega ratio: Gain probability vs. loss probability	1.12	1.23	-0.11
Calmar ratio: Return relative to maximum drawdown	0.75	1.95	-1.20
Martin ratio: Return relative to average drawdown	1.54	4.99	-3.45

MAS vs. SPXC - Sharpe Ratio Comparison

The current MAS Sharpe Ratio is 0.56, which is lower than the SPXC Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of MAS and SPXC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAS vs. SPXC - Drawdown Comparison

The maximum MAS drawdown since its inception was -88.75%, which is greater than SPXC's maximum drawdown of -81.12%. Use the drawdown chart below to compare losses from any high point for MAS and SPXC.

Drawdown Indicators

	MAS	SPXC	Difference
Max Drawdown Largest peak-to-trough decline	-88.75%	-81.12%	-7.63%
Max Drawdown (1Y) Largest decline over 1 year	-24.38%	-23.15%	-1.23%
Max Drawdown (3Y) Largest decline over 3 years	-30.95%	-33.54%	+2.59%
Max Drawdown (5Y) Largest decline over 5 years	-37.95%	-38.32%	+0.37%
Max Drawdown (10Y) Largest decline over 10 years	-44.83%	-50.26%	+5.43%
Current Drawdown Current decline from peak	-10.89%	-5.34%	-5.55%
Average Drawdown Average peak-to-trough decline	-23.63%	-29.01%	+5.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.82%	9.04%	+2.78%

Volatility

MAS vs. SPXC - Volatility Comparison

The current volatility for Masco Corporation (MAS) is 9.83%, while SPX Corporation (SPXC) has a volatility of 11.30%. This indicates that MAS experiences smaller price fluctuations and is considered to be less risky than SPXC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAS	SPXC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.83%	11.30%	-1.47%
Volatility (6M) Calculated over the trailing 6-month period	25.92%	28.00%	-2.08%
Volatility (1Y) Calculated over the trailing 1-year period	32.41%	36.72%	-4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.03%	35.14%	-5.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.44%	37.46%	-8.02%

Dividends

MAS vs. SPXC - Dividend Comparison

MAS's dividend yield for the trailing twelve months is around 1.70%, while SPXC has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAS Masco Corporation	1.70%	1.95%	1.60%	1.70%	2.40%	1.20%	0.99%	1.03%	1.49%	0.92%	1.22%	12.68%
SPXC SPX Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	386.22%

Financials

MAS vs. SPXC - Profitability Comparison

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

MAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a gross profit of 686.00M and revenue of 1.92B. Therefore, the gross margin over that period was 35.8%.

SPXC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a gross profit of 230.60M and revenue of 566.80M. Therefore, the gross margin over that period was 40.7%.

MAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported an operating income of 316.00M and revenue of 1.92B, resulting in an operating margin of 16.5%.

SPXC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported an operating income of 87.70M and revenue of 566.80M, resulting in an operating margin of 15.5%.

MAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a net income of 213.00M and revenue of 1.92B, resulting in a net margin of 11.1%.

SPXC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, SPX Corporation reported a net income of 59.90M and revenue of 566.80M, resulting in a net margin of 10.6%.

Frequently Asked Questions

Can I hold both MAS and SPXC in my portfolio?

MAS and SPXC have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAS or SPXC?

SPXC has higher volatility (11.30%) compared to MAS (9.83%). In terms of maximum drawdown, MAS dropped -88.75% vs SPXC's -81.12%.

Which has better risk-adjusted returns?

SPXC currently has the higher Sharpe Ratio (1.23 vs 0.56), 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.