NKE vs. WS
NKE (NIKE, Inc.) and WS (Worthington Steel Inc) are both stocks. NKE operates in Footwear & Accessories (Consumer Cyclical), while WS operates in Steel (Basic Materials). Over the past year, NKE returned -29.27% vs 63.43% for WS. At a 0.27 correlation, their price movements are largely independent.
Performance
NKE vs. WS - Performance Comparison
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Returns By Period
In the year-to-date period, NKE achieves a -31.08% return, which is significantly lower than WS's 20.67% 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%
WS
- 1D
- 0.12%
- 1M
- 2.82%
- YTD
- 20.67%
- 6M
- 19.03%
- 1Y
- 63.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NKE vs. WS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NKE NIKE, Inc. | -31.08% | -13.83% | -29.11% | -4.33% |
WS Worthington Steel Inc | 20.67% | 11.18% | 15.44% | 26.58% |
Correlation
The correlation between NKE and WS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023 | 0.27 |
Fundamentals
NKE:
$64.00B
WS:
$2.07B
NKE:
$1.52
WS:
$2.44
NKE:
28.43
WS:
17.05
NKE:
1.38
WS:
0.62
NKE:
4.54
WS:
21.39
NKE:
$46.52B
WS:
$3.35B
NKE:
$18.99B
WS:
$411.50M
NKE:
$3.33B
WS:
$216.90M
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Return for Risk
NKE vs. WS — Risk / Return Rank
NKE
WS
NKE vs. WS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIKE, Inc. (NKE) and Worthington Steel Inc (WS). 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 | WS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.06 | ||
| Sortino ratioReturn per unit of downside risk | -2.87 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.26 | -0.39 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 1.52 | -2.15 |
| Martin ratioReturn relative to average drawdown | -1.23 | 4.42 | -5.65 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NKE | WS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.77 | 1.29 | -2.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.59 | -0.19 |
Drawdowns
NKE vs. WS - Drawdown Comparison
The maximum NKE drawdown since its inception was -75.19%, which is greater than WS's maximum drawdown of -50.98%. Use the drawdown chart below to compare losses from any high point for NKE and WS.
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Drawdown Indicators
| NKE | WS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.19% | -50.98% | -24.21% |
Max Drawdown (1Y)Largest decline over 1 year | -46.18% | -42.00% | -4.18% |
Max Drawdown (3Y)Largest decline over 3 years | -64.21% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -74.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -74.64% | — | — |
Current DrawdownCurrent decline from peak | -73.59% | -14.20% | -59.39% |
Average DrawdownAverage peak-to-trough decline | -20.91% | -21.89% | +0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.82% | 14.41% | +9.41% |
Volatility
NKE vs. WS - Volatility Comparison
The current volatility for NIKE, Inc. (NKE) is 9.43%, while Worthington Steel Inc (WS) has a volatility of 11.25%. This indicates that NKE experiences smaller price fluctuations and is considered to be less risky than WS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NKE | WS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.43% | 11.25% | -1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 29.22% | 34.67% | -5.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.22% | 49.45% | -11.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.82% | 52.12% | -16.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.25% | 52.12% | -19.87% |
Dividends
NKE vs. WS - Dividend Comparison
NKE's dividend yield for the trailing twelve months is around 3.77%, more than WS's 1.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WS Worthington Steel Inc | 1.54% | 1.85% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NKE vs. WS - Financials Comparison
This section allows you to compare key financial metrics between NIKE, Inc. and Worthington Steel 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. WS - 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%.
WS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a gross profit of 76.10M and revenue of 769.80M. Therefore, the gross margin over that period was 9.9%.
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%.
WS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported an operating income of -1.40M and revenue of 769.80M, resulting in an operating margin of -0.2%.
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%.
WS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a net income of 10.40M and revenue of 769.80M, resulting in a net margin of 1.4%.
Frequently Asked Questions
NKE and WS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WS has higher volatility (11.25%) compared to NKE (9.43%). In terms of maximum drawdown, NKE dropped -75.19% vs WS's -50.98%.
WS currently has the higher Sharpe Ratio (1.29 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.
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