NKE vs. HON
NKE (NIKE, Inc.) and HON (Honeywell International Inc) are both stocks. NKE operates in Footwear & Accessories (Consumer Cyclical), while HON operates in Conglomerates (Industrials). Over the past 10 years, NKE returned -1.05%/yr vs 9.47%/yr for HON. At a 0.30 correlation, their price movements are largely independent.
Performance
NKE vs. HON - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NKE achieves a -31.08% return, which is significantly lower than HON's 9.70% return. Over the past 10 years, NKE has underperformed HON with an annualized return of -1.05%, while HON has yielded a comparatively higher 9.47% annualized return.
NKE
- 1D
- 0.58%
- 1M
- -1.19%
- YTD
- -31.08%
- 6M
- -30.90%
- 1Y
- -29.27%
- 3Y*
- -24.25%
- 5Y*
- -18.65%
- 10Y*
- -1.05%
HON
- 1D
- -1.01%
- 1M
- -0.07%
- YTD
- 9.70%
- 6M
- 11.48%
- 1Y
- 0.37%
- 3Y*
- 6.60%
- 5Y*
- 1.82%
- 10Y*
- 9.47%
NKE vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NKE NIKE, Inc. | -31.08% | -13.83% | -29.11% | -6.01% | -29.04% | 18.70% | 40.97% | 38.09% | 19.87% | 24.70% |
HON Honeywell International Inc | 9.70% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between NKE and HON is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 1980 | 0.30 |
The correlation between NKE and HON shifts across timeframes, from 0.30 (all time) to 0.45 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
NKE:
$64.00B
HON:
$135.21B
NKE:
$1.52
HON:
$6.42
NKE:
28.43
HON:
33.01
NKE:
1.38
HON:
3.68
NKE:
4.54
HON:
6.34
NKE:
$46.52B
HON:
$36.76B
NKE:
$18.99B
HON:
$13.58B
NKE:
$3.33B
HON:
$6.55B
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
NKE vs. HON — Risk / Return Rank
NKE
HON
NKE vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Honeywell International Inc (HON). 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.
| NKE | HON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.79 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.02 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 0.02 | -0.66 |
| Martin ratioReturn relative to average drawdown | -1.23 | 0.04 | -1.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NKE | HON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 0.02 | -0.79 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | 0.08 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | 0.40 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.28 | +0.13 |
Drawdowns
NKE vs. HON - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, which is greater than HON's maximum drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for NKE and HON.
Loading charts...
Drawdown Indicators
| NKE | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -70.09% | -5.10% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -16.03% | -30.15% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | -22.10% | -42.11% |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | -27.13% | -47.51% |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | -43.01% | -31.63% |
Current DrawdownCurrent decline from peak | -73.59% | -14.14% | -59.45% |
Average DrawdownAverage peak-to-trough decline | -20.91% | -20.28% | -0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.82% | 9.55% | +14.27% |
Volatility
NKE vs. HON - Volatility Comparison
NIKE, Inc. (NKE) has a higher volatility of 9.43% compared to Honeywell International Inc (HON) at 8.75%. This indicates that NKE's price experiences larger fluctuations and is considered to be riskier than HON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NKE | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 8.75% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 29.22% | 17.25% | +11.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.22% | 22.78% | +15.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.82% | 21.73% | +14.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.25% | 23.52% | +8.73% |
Dividends
NKE vs. HON - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, more than HON's 2.19% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 2.19% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
NKE NIKE, Inc. | 3.77% | 2.53% | 2.00% | 1.28% | 1.07% | 0.68% | 0.71% | 0.89% | 1.11% | 1.18% | 1.30% | 0.93% |
Financials
NKE vs. HON - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Honeywell International 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
NKE vs. HON - Profitability Comparison
NKE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a gross profit of 4.53B and revenue of 11.28B. Therefore, the gross margin over that period was 40.2%.
HON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a gross profit of 3.54B and revenue of 9.14B. Therefore, the gross margin over that period was 38.7%.
NKE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported an operating income of 553.00M and revenue of 11.28B, resulting in an operating margin of 4.9%.
HON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported an operating income of 886.00M and revenue of 9.14B, resulting in an operating margin of 9.7%.
NKE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIKE, Inc. reported a net income of 520.00M and revenue of 11.28B, resulting in a net margin of 4.6%.
HON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a net income of 821.00M and revenue of 9.14B, resulting in a net margin of 9.0%.
Frequently Asked Questions
NKE and HON have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NKE has higher volatility (9.43%) compared to HON (8.75%). In terms of maximum drawdown, NKE dropped -75.19% vs HON's -70.09%.
HON currently has the higher Sharpe Ratio (0.02 vs -0.77), 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 NKE and HON
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