MWA vs. OTLY
MWA (Mueller Water Products, Inc.) and OTLY (Oatly Group AB) are both stocks. MWA operates in Specialty Industrial Machinery (Industrials), while OTLY operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 5 years, MWA returned 12.48%/yr vs -53.64%/yr for OTLY. At a 0.28 correlation, their price movements are largely independent.
Performance
MWA vs. OTLY - Performance Comparison
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Returns By Period
In the year-to-date period, MWA achieves a 5.14% return, which is significantly higher than OTLY's -7.86% return.
MWA
- 1D
- 0.04%
- 1M
- -3.49%
- 6M
- -0.77%
- YTD
- 5.14%
- 1Y
- 0.14%
- 3Y*
- 16.53%
- 5Y*
- 12.48%
- 10Y*
- 9.37%
OTLY
- 1D
- 2.82%
- 1M
- 20.42%
- 6M
- -14.72%
- YTD
- -7.86%
- 1Y
- -24.75%
- 3Y*
- -36.46%
- 5Y*
- -53.64%
- 10Y*
- —
MWA vs. OTLY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MWA Mueller Water Products, Inc. | 5.14% | 7.01% | 58.45% | 36.27% | -23.81% | 1.96% |
OTLY Oatly Group AB | -7.86% | -19.36% | -43.83% | -32.18% | -78.14% | -64.01% |
Correlation
The correlation between MWA and OTLY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since May 20, 2021 | 0.28 |
The correlation between MWA and OTLY shifts across timeframes, from 0.17 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MWA:
$3.90B
OTLY:
$307.57M
MWA:
$1.32
OTLY:
-$4.94
MWA:
2.68
OTLY:
0.34
MWA:
3.66
OTLY:
87.06
MWA:
$1.46B
OTLY:
$893.25M
MWA:
$550.00M
OTLY:
$291.07M
MWA:
$311.80M
OTLY:
-$70.91M
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Return for Risk
MWA vs. OTLY — Risk / Return Rank
MWA
OTLY
MWA vs. OTLY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Water Products, Inc. (MWA) and Oatly Group AB (OTLY). 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.
| MWA | OTLY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.96 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.46 | +0.43 |
| Martin ratioReturn relative to average drawdown | -0.05 | -0.75 | +0.70 |
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Drawdowns
MWA vs. OTLY - Drawdown Comparison
The maximum MWA drawdown since its inception was -91.80%, smaller than the maximum OTLY drawdown of -98.81%. Use the drawdown chart below to compare losses from any high point for MWA and OTLY.
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Drawdown Indicators
| MWA | OTLY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.80% | -98.81% | +7.01% |
Max Drawdown (1Y)Largest decline over 1 year | -18.55% | -56.69% | +38.14% |
Max Drawdown (3Y)Largest decline over 3 years | -25.85% | -84.87% | +59.02% |
Max Drawdown (5Y)Largest decline over 5 years | -41.27% | -98.33% | +57.06% |
Max Drawdown (10Y)Largest decline over 10 years | -46.67% | — | — |
Current DrawdownCurrent decline from peak | -17.73% | -98.29% | +80.56% |
Average DrawdownAverage peak-to-trough decline | -40.25% | -87.78% | +47.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.29% | 34.60% | -25.31% |
Volatility
MWA vs. OTLY - Volatility Comparison
The current volatility for Mueller Water Products, Inc. (MWA) is 7.31%, while Oatly Group AB (OTLY) has a volatility of 12.67%. This indicates that MWA experiences smaller price fluctuations and is considered to be less risky than OTLY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWA | OTLY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.31% | 12.67% | -5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 18.36% | 44.16% | -25.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.60% | 58.23% | -31.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.61% | 78.73% | -48.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.18% | 78.56% | -46.38% |
Dividends
MWA vs. OTLY - Dividend Comparison
MWA's dividend yield for the trailing twelve months is around 1.11%, while OTLY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWA Mueller Water Products, Inc. | 1.11% | 1.14% | 1.15% | 1.72% | 2.18% | 1.55% | 1.72% | 1.71% | 2.20% | 1.28% | 0.83% | 0.91% |
OTLY Oatly Group AB | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MWA vs. OTLY - Financials Comparison
This section allows you to compare key financial metrics between Mueller Water Products, Inc. and Oatly Group AB. 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
MWA vs. OTLY - Profitability Comparison
MWA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Mueller Water Products, Inc. reported a gross profit of 144.50M and revenue of 384.40M. Therefore, the gross margin over that period was 37.6%.
OTLY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Oatly Group AB reported a gross profit of 76.34M and revenue of 228.33M. Therefore, the gross margin over that period was 33.4%.
MWA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Mueller Water Products, Inc. reported an operating income of 77.10M and revenue of 384.40M, resulting in an operating margin of 20.1%.
OTLY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Oatly Group AB reported an operating income of -11.35M and revenue of 228.33M, resulting in an operating margin of -5.0%.
MWA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Mueller Water Products, Inc. reported a net income of 59.10M and revenue of 384.40M, resulting in a net margin of 15.4%.
OTLY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Oatly Group AB reported a net income of -12.01M and revenue of 228.33M, resulting in a net margin of -5.3%.
Frequently Asked Questions
MWA and OTLY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OTLY has higher volatility (12.67%) compared to MWA (7.31%). In terms of maximum drawdown, MWA dropped -91.80% vs OTLY's -98.81%.
MWA currently has the higher Sharpe Ratio (-0.02 vs -0.45), 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.
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