NGVT vs. OLN
NGVT (Ingevity Corporation) and OLN (Olin Corporation) are both stocks. Both operate in the Specialty Chemicals industry within the Basic Materials sector. Over the past 10 years, NGVT returned 6.89%/yr vs 1.74%/yr for OLN. Their 0.49 correlation means their historical movements had little consistent relationship.
Performance
NGVT vs. OLN - Performance Comparison
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Returns By Period
In the year-to-date period, NGVT achieves a 23.54% return, which is significantly higher than OLN's -9.80% return. Over the past 10 years, NGVT has outperformed OLN with an annualized return of 6.89%, while OLN has yielded a comparatively lower 1.74% annualized return.
NGVT
- 1D
- 4.16%
- 1M
- 0.86%
- 6M
- 11.13%
- YTD
- 23.54%
- 1Y
- 80.97%
- 3Y*
- 5.44%
- 5Y*
- -2.96%
- 10Y*
- 6.89%
- ALL TIME*
- 12.44%
OLN
- 1D
- -16.51%
- 1M
- -7.63%
- 6M
- -9.71%
- YTD
- -9.80%
- 1Y
- 4.97%
- 3Y*
- -29.87%
- 5Y*
- -15.27%
- 10Y*
- 1.74%
- ALL TIME*
- 4.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $18.12M | $17.22M | $19.41M | |
| $75.91M | $70.47M | $68.35M |
NGVT vs. OLN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NGVT Ingevity Corporation | 23.54% | 45.23% | -13.70% | -32.96% | -1.76% | -5.32% | -13.33% | 4.41% | 18.76% | 28.45% |
OLN Olin Corporation | -9.80% | -36.15% | -36.29% | 3.46% | -6.63% | 138.55% | 50.81% | -10.77% | -41.88% | 42.51% |
Correlation
The correlation between NGVT and OLN is 0.38, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.38 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.52 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.50 |
Correlation (All Time) Calculated using the full available price history since May 2, 2016 | 0.49 |
The correlation between NGVT and OLN shifts across timeframes, from 0.38 (1 year) to 0.52 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
NGVT:
$2.54B
OLN:
$2.11B
NGVT:
$1.50
OLN:
-$1.22
NGVT:
2.27
OLN:
0.32
NGVT:
55.50
OLN:
1.23
NGVT:
$1.16B
OLN:
$6.70B
NGVT:
$477.10M
OLN:
$214.70M
NGVT:
$150.80M
OLN:
$74.60M
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Return for Risk
NGVT vs. OLN — Risk / Return Rank
NGVT
OLN
NGVT vs. OLN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ingevity Corporation (NGVT) and Olin Corporation (OLN). 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.
| NGVT | OLN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.76 | ||
| Sortino ratioReturn per unit of downside risk | +2.05 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.05 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 0.03 | +3.12 |
| Martin ratioReturn relative to average drawdown | 8.53 | 0.06 | +8.46 |
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Drawdowns
NGVT vs. OLN - Drawdown Comparison
The maximum NGVT drawdown since its inception was -76.22%, roughly equal to the maximum OLN drawdown of -73.80%. Use the drawdown chart below to compare losses from any high point for NGVT and OLN.
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Drawdown Indicators
| NGVT | OLN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.22% | -73.80% | -2.42% |
Max Drawdown (1Y)Largest decline over 1 year | -23.94% | -38.15% | +14.21% |
Max Drawdown (3Y)Largest decline over 3 years | -48.62% | -69.26% | +20.64% |
Max Drawdown (5Y)Largest decline over 5 years | -67.07% | -71.87% | +4.80% |
Max Drawdown (10Y)Largest decline over 10 years | -76.22% | -73.80% | -2.42% |
Current DrawdownCurrent decline from peak | -37.55% | -69.75% | +32.20% |
Average DrawdownAverage peak-to-trough decline | -34.66% | -25.10% | -9.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.82% | 16.48% | -7.66% |
Volatility
NGVT vs. OLN - Volatility Comparison
The current volatility for Ingevity Corporation (NGVT) is 9.10%, while Olin Corporation (OLN) has a volatility of 22.77%. This indicates that NGVT experiences smaller price fluctuations and is considered to be less risky than OLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NGVT | OLN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.10% | 22.77% | -13.67% |
Volatility (6M)Calculated over the trailing 6-month period | 24.24% | 43.50% | -19.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.38% | 56.79% | -14.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.41% | 45.69% | -2.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.74% | 47.03% | -3.29% |
Dividends
NGVT vs. OLN - Dividend Comparison
NGVT has not paid dividends to shareholders, while OLN's dividend yield for the trailing twelve months is around 4.32%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NGVT Ingevity Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OLN Olin Corporation | 4.32% | 3.84% | 2.37% | 1.48% | 1.51% | 1.39% | 3.26% | 4.64% | 3.98% | 2.25% | 3.12% | 4.63% |
Financials
NGVT vs. OLN - Financials Comparison
This section allows you to compare key financial metrics between Ingevity Corporation and Olin Corporation. 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
NGVT vs. OLN - Profitability Comparison
NGVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Ingevity Corporation reported a gross profit of 139.00M and revenue of 314.10M. Therefore, the gross margin over that period was 44.3%.
OLN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Olin Corporation reported a gross profit of -79.70M and revenue of 1.74B. Therefore, the gross margin over that period was -4.6%.
NGVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Ingevity Corporation reported an operating income of -5.80M and revenue of 314.10M, resulting in an operating margin of -1.9%.
OLN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Olin Corporation reported an operating income of 28.20M and revenue of 1.74B, resulting in an operating margin of 1.6%.
NGVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Ingevity Corporation reported a net income of 35.30M and revenue of 314.10M, resulting in a net margin of 11.2%.
OLN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Olin Corporation reported a net income of -13.30M and revenue of 1.74B, resulting in a net margin of -0.8%.
Frequently Asked Questions
NGVT and OLN have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OLN has higher volatility (22.77%) compared to NGVT (9.10%). In terms of maximum drawdown, NGVT dropped -76.22% vs OLN's -73.80%.
NGVT currently has the higher Sharpe Ratio (1.78 vs 0.02), 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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