MWA vs. SHW
MWA (Mueller Water Products, Inc.) and SHW (The Sherwin-Williams Company) are both stocks. MWA operates in Specialty Industrial Machinery (Industrials), while SHW operates in Specialty Chemicals (Basic Materials). Over the past 10 years, MWA returned 10.85%/yr vs 14.11%/yr for SHW. At a 0.41 correlation, their price movements are largely independent.
Performance
MWA vs. SHW - Performance Comparison
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Returns By Period
In the year-to-date period, MWA achieves a 8.14% return, which is significantly higher than SHW's 0.13% return. Over the past 10 years, MWA has underperformed SHW with an annualized return of 10.85%, while SHW has yielded a comparatively higher 14.11% annualized return.
MWA
- 1D
- -1.00%
- 1M
- 1.26%
- YTD
- 8.14%
- 6M
- 3.78%
- 1Y
- 9.25%
- 3Y*
- 20.20%
- 5Y*
- 14.81%
- 10Y*
- 10.85%
SHW
- 1D
- 1.89%
- 1M
- 4.47%
- YTD
- 0.13%
- 6M
- 0.12%
- 1Y
- -5.19%
- 3Y*
- 10.31%
- 5Y*
- 4.57%
- 10Y*
- 14.11%
MWA vs. SHW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MWA Mueller Water Products, Inc. | 8.14% | 7.01% | 58.45% | 36.27% | -23.81% | 18.06% | 5.45% | 34.32% | -26.09% | -4.59% |
SHW The Sherwin-Williams Company | 0.13% | -3.83% | 9.90% | 32.73% | -31.96% | 44.90% | 27.05% | 49.70% | -3.23% | 54.11% |
Correlation
The correlation between MWA and SHW is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.49 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since May 26, 2006 | 0.41 |
Fundamentals
MWA:
$4.03B
SHW:
$80.11B
MWA:
$1.32
SHW:
$10.42
MWA:
19.45
SHW:
30.99
MWA:
0.63
SHW:
3.02
MWA:
2.76
SHW:
3.37
MWA:
3.77
SHW:
18.08
MWA:
$1.46B
SHW:
$23.94B
MWA:
$550.00M
SHW:
$11.76B
MWA:
$311.80M
SHW:
$4.29B
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Return for Risk
MWA vs. SHW — Risk / Return Rank
MWA
SHW
MWA vs. SHW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Water Products, Inc. (MWA) and The Sherwin-Williams Company (SHW). 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 | SHW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.98 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.50 | -0.24 | +0.74 |
| Martin ratioReturn relative to average drawdown | 1.07 | -0.50 | +1.57 |
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Drawdowns
MWA vs. SHW - Drawdown Comparison
The maximum MWA drawdown since its inception was -91.80%, which is greater than SHW's maximum drawdown of -52.02%. Use the drawdown chart below to compare losses from any high point for MWA and SHW.
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Drawdown Indicators
| MWA | SHW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.80% | -52.02% | -39.78% |
Max Drawdown (1Y)Largest decline over 1 year | -18.55% | -21.36% | +2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -25.85% | -25.69% | -0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -41.27% | -42.46% | +1.19% |
Max Drawdown (10Y)Largest decline over 10 years | -46.67% | -42.46% | -4.21% |
Current DrawdownCurrent decline from peak | -15.38% | -18.10% | +2.72% |
Average DrawdownAverage peak-to-trough decline | -40.31% | -11.63% | -28.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.63% | 10.46% | -1.83% |
Volatility
MWA vs. SHW - Volatility Comparison
The current volatility for Mueller Water Products, Inc. (MWA) is 6.50%, while The Sherwin-Williams Company (SHW) has a volatility of 8.87%. This indicates that MWA experiences smaller price fluctuations and is considered to be less risky than SHW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWA | SHW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 8.87% | -2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 18.03% | 19.70% | -1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.36% | 25.13% | +1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.61% | 26.33% | +4.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.19% | 26.62% | +5.57% |
Dividends
MWA vs. SHW - Dividend Comparison
MWA's dividend yield for the trailing twelve months is around 1.08%, more than SHW's 0.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWA Mueller Water Products, Inc. | 1.08% | 1.14% | 1.15% | 1.72% | 2.18% | 1.55% | 1.72% | 1.71% | 2.20% | 1.28% | 0.83% | 0.91% |
SHW The Sherwin-Williams Company | 0.98% | 0.98% | 0.84% | 0.78% | 1.01% | 0.62% | 0.73% | 0.77% | 0.87% | 0.83% | 1.25% | 1.03% |
Financials
MWA vs. SHW - Financials Comparison
This section allows you to compare key financial metrics between Mueller Water Products, Inc. and The Sherwin-Williams Company. 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. SHW - Profitability Comparison
MWA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.
SHW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a gross profit of 2.78B and revenue of 5.67B. Therefore, the gross margin over that period was 49.1%.
MWA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 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%.
SHW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported an operating income of 810.90M and revenue of 5.67B, resulting in an operating margin of 14.3%.
MWA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 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%.
SHW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Sherwin-Williams Company reported a net income of 534.70M and revenue of 5.67B, resulting in a net margin of 9.4%.
Frequently Asked Questions
MWA and SHW have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SHW has higher volatility (8.87%) compared to MWA (6.50%). In terms of maximum drawdown, MWA dropped -91.80% vs SHW's -52.02%.
MWA currently has the higher Sharpe Ratio (0.35 vs -0.21), 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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