ODFL vs. INGR

Last updated Jun 9, 2026

ODFL (Old Dominion Freight Line, Inc.) and INGR (Ingredion Incorporated) are both stocks. ODFL operates in Trucking (Industrials), while INGR operates in Packaged Foods (Consumer Defensive). Over the past 10 years, ODFL returned 29.12%/yr vs 0.54%/yr for INGR. At a 0.23 correlation, their price movements are largely independent.

Performance

ODFL vs. INGR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Old Dominion Freight Line, Inc. (ODFL) and Ingredion Incorporated (INGR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ODFL achieves a 57.95% return, which is significantly higher than INGR's -8.27% return. Over the past 10 years, ODFL has outperformed INGR with an annualized return of 29.12%, while INGR has yielded a comparatively lower 0.54% annualized return.

ODFL

• 1D: 1.83%
• 1M: 24.70%
• YTD: 57.95%
• 6M: 63.28%
• 1Y: 55.07%
• 3Y*: 17.95%
• 5Y*: 15.19%
• 10Y*: 29.12%

INGR

• 1D: -0.32%
• 1M: -7.20%
• YTD: -8.27%
• 6M: -5.02%
• 1Y: -25.77%
• 3Y*: 0.35%
• 5Y*: 3.70%
• 10Y*: 0.54%

*Multi-year figures are annualized to reflect compound growth (CAGR)

ODFL vs. INGR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ODFL Old Dominion Freight Line, Inc.	57.95%	-10.47%	-12.51%	43.46%	-20.48%	84.15%	54.81%	54.36%	-5.79%	54.11%
INGR Ingredion Incorporated	-8.27%	-17.86%	29.22%	14.08%	4.47%	26.35%	-12.55%	4.70%	-33.10%	13.87%

Correlation

The correlation between ODFL and INGR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Dec 12, 1997	0.23

The correlation between ODFL and INGR shifts across timeframes, from 0.23 (all time) to 0.40 (1 year), reflecting how their relationship changes across market environments.

Fundamentals

EPS ODFL : $4.78 INGR : $13.96
PE Ratio ODFL : 51.64 INGR : 7.14
PEG Ratio ODFL : 13.92 INGR : 0.08
PS Ratio ODFL : 9.53 INGR : 0.90
Total Revenue (TTM) ODFL : $5.46B INGR : $5.41B
Gross Profit (TTM) ODFL : $1.69B INGR : $1.36B
EBITDA (TTM) ODFL : $1.71B INGR : $902.00M

Return for Risk

ODFL vs. INGR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ODFL

ODFL Risk / Return Rank: 77
ODFL Sharpe Ratio Rank: 81
ODFL Sortino Ratio Rank: 76
ODFL Omega Ratio Rank: 75
ODFL Calmar Ratio Rank: 77
ODFL Martin Ratio Rank: 75

INGR

INGR Risk / Return Rank: 2
INGR Sharpe Ratio Rank: 0
INGR Sortino Ratio Rank: 2
INGR Omega Ratio Rank: 3
INGR Calmar Ratio Rank: 3
INGR Martin Ratio Rank: 3

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ODFL vs. INGR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Old Dominion Freight Line, Inc. (ODFL) and Ingredion Incorporated (INGR). 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.

	ODFL	INGR	Difference
Sharpe ratio: Return per unit of total volatility	1.43	-1.58	+3.01
Sortino ratio: Return per unit of downside risk	1.99	-2.15	+4.14
Omega ratio: Gain probability vs. loss probability	1.26	0.74	+0.51
Calmar ratio: Return relative to maximum drawdown	2.12	-0.97	+3.09
Martin ratio: Return relative to average drawdown	4.72	-1.64	+6.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ODFL vs. INGR - Sharpe Ratio Comparison

The current ODFL Sharpe Ratio is 1.43, which is higher than the INGR Sharpe Ratio of -1.58. The chart below compares the historical Sharpe Ratios of ODFL and INGR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ODFL	INGR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	-1.58	+3.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.17	+0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.88	0.02	+0.86
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.29	+0.11

Drawdowns

ODFL vs. INGR - Drawdown Comparison

The maximum ODFL drawdown since its inception was -66.29%, roughly equal to the maximum INGR drawdown of -64.20%. Use the drawdown chart below to compare losses from any high point for ODFL and INGR.

Drawdown Indicators

	ODFL	INGR	Difference
Max Drawdown Largest peak-to-trough decline	-66.29%	-64.20%	-2.09%
Max Drawdown (1Y) Largest decline over 1 year	-26.06%	-26.69%	+0.63%
Max Drawdown (3Y) Largest decline over 3 years	-45.18%	-33.21%	-11.97%
Max Drawdown (5Y) Largest decline over 5 years	-45.18%	-33.21%	-11.97%
Max Drawdown (10Y) Largest decline over 10 years	-45.18%	-56.14%	+10.96%
Current Drawdown Current decline from peak	0.00%	-33.07%	+33.07%
Average Drawdown Average peak-to-trough decline	-19.10%	-18.31%	-0.79%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.69%	15.72%	-4.03%

Volatility

ODFL vs. INGR - Volatility Comparison

Old Dominion Freight Line, Inc. (ODFL) has a higher volatility of 8.57% compared to Ingredion Incorporated (INGR) at 5.11%. This indicates that ODFL's price experiences larger fluctuations and is considered to be riskier than INGR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ODFL	INGR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.57%	5.11%	+3.46%
Volatility (6M) Calculated over the trailing 6-month period	28.99%	11.74%	+17.25%
Volatility (1Y) Calculated over the trailing 1-year period	38.66%	16.44%	+22.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	36.33%	21.29%	+15.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.06%	24.87%	+8.19%

Dividends

ODFL vs. INGR - Dividend Comparison

ODFL's dividend yield for the trailing twelve months is around 0.46%, less than INGR's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
INGR Ingredion Incorporated	3.27%	2.92%	1.72%	2.75%	2.78%	2.67%	3.23%	2.70%	2.68%	1.57%	1.52%	1.82%
ODFL Old Dominion Freight Line, Inc.	0.46%	0.71%	0.59%	0.39%	0.42%	0.22%	0.31%	0.36%	0.42%	0.38%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both ODFL and INGR in my portfolio?

ODFL and INGR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ODFL or INGR?

ODFL has higher volatility (8.57%) compared to INGR (5.11%). In terms of maximum drawdown, ODFL dropped -66.29% vs INGR's -64.20%.

Which has better risk-adjusted returns?

ODFL currently has the higher Sharpe Ratio (1.43 vs -1.58), 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.