OFG vs. HD

Last updated Jun 3, 2026

OFG (OFG Bancorp) and HD (The Home Depot, Inc.) are both stocks. OFG operates in Banks - Regional (Financial Services), while HD operates in Home Improvement Retail (Consumer Cyclical). Over the past 10 years, OFG returned 20.67%/yr vs 11.57%/yr for HD. At a 0.25 correlation, their price movements are largely independent.

Performance

OFG vs. HD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in OFG Bancorp (OFG) and The Home Depot, Inc. (HD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OFG achieves a 12.19% return, which is significantly higher than HD's -8.86% return. Over the past 10 years, OFG has outperformed HD with an annualized return of 20.67%, while HD has yielded a comparatively lower 11.57% annualized return.

OFG

• 1D: 1.88%
• 1M: -0.37%
• YTD: 12.19%
• 6M: 15.66%
• 1Y: 13.72%
• 3Y*: 23.00%
• 5Y*: 16.71%
• 10Y*: 20.67%

HD

• 1D: 0.27%
• 1M: -3.82%
• YTD: -8.86%
• 6M: -10.85%
• 1Y: -13.20%
• 3Y*: 4.08%
• 5Y*: 2.37%
• 10Y*: 11.57%

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

OFG vs. HD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OFG OFG Bancorp	12.19%	-0.35%	15.81%	40.22%	6.54%	45.63%	-19.79%	45.34%	78.29%	-26.43%
HD The Home Depot, Inc.	-8.86%	-9.33%	15.00%	12.77%	-21.98%	59.51%	24.50%	30.56%	-7.30%	44.61%

Correlation

The correlation between OFG and HD is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.33
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.36
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Mar 29, 1990	0.25

The correlation between OFG and HD shifts across timeframes, from 0.25 (all time) to 0.37 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

EPS OFG : $4.49 HD : $14.08
PE Ratio OFG : 10.15 HD : 22.13
PS Ratio OFG : 2.41 HD : 1.86
Total Revenue (TTM) OFG : $862.62M HD : $166.59B
Gross Profit (TTM) OFG : $614.52M HD : $55.19B
EBITDA (TTM) OFG : $285.15M HD : $23.12B

Return for Risk

OFG vs. HD — Risk / Return Rank

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

OFG

OFG Risk / Return Rank: 55
OFG Sharpe Ratio Rank: 58
OFG Sortino Ratio Rank: 50
OFG Omega Ratio Rank: 51
OFG Calmar Ratio Rank: 58
OFG Martin Ratio Rank: 59

HD

HD Risk / Return Rank: 19
HD Sharpe Ratio Rank: 16
HD Sortino Ratio Rank: 15
HD Omega Ratio Rank: 17
HD Calmar Ratio Rank: 24
HD Martin Ratio Rank: 21

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.

OFG vs. HD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for OFG Bancorp (OFG) and The Home Depot, Inc. (HD). 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.

	OFG	HD	Difference
Sharpe ratio Return per unit of total volatility	0.54	-0.56	+1.11
Sortino ratio Return per unit of downside risk	0.88	-0.70	+1.58
Omega ratio Gain probability vs. loss probability	1.12	0.92	+0.20
Calmar ratio Return relative to maximum drawdown	0.83	-0.46	+1.29
Martin ratio Return relative to average drawdown	1.90	-0.97	+2.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OFG vs. HD - Sharpe Ratio Comparison

The current OFG Sharpe Ratio is 0.54, which is higher than the HD Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of OFG and HD, 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

	OFG	HD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	-0.56	+1.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.10	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.47	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.68	-0.41

Drawdowns

OFG vs. HD - Drawdown Comparison

The maximum OFG drawdown since its inception was -96.64%, which is greater than HD's maximum drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for OFG and HD.

Drawdown Indicators

	OFG	HD	Difference
Max Drawdown Largest peak-to-trough decline	-96.64%	-70.46%	-26.18%
Max Drawdown (1Y) Largest decline over 1 year	-17.13%	-28.81%	+11.68%
Max Drawdown (3Y) Largest decline over 3 years	-24.56%	-28.84%	+4.28%
Max Drawdown (5Y) Largest decline over 5 years	-24.56%	-34.73%	+10.17%
Max Drawdown (10Y) Largest decline over 10 years	-61.25%	-37.99%	-23.26%
Current Drawdown Current decline from peak	-1.15%	-25.49%	+24.34%
Average Drawdown Average peak-to-trough decline	-29.49%	-20.60%	-8.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.44%	13.73%	-6.29%

Volatility

OFG vs. HD - Volatility Comparison

The current volatility for OFG Bancorp (OFG) is 5.92%, while The Home Depot, Inc. (HD) has a volatility of 7.94%. This indicates that OFG experiences smaller price fluctuations and is considered to be less risky than HD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OFG	HD	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	7.94%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	18.52%	17.69%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	25.44%	23.45%	+1.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.87%	24.05%	+5.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.10%	24.82%	+14.28%

Dividends

OFG vs. HD - Dividend Comparison

OFG's dividend yield for the trailing twelve months is around 2.74%, less than HD's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HD The Home Depot, Inc.	2.96%	2.67%	2.31%	2.41%	2.41%	1.59%	2.26%	2.49%	2.40%	1.88%	2.06%	1.78%
OFG OFG Bancorp	2.74%	2.93%	2.36%	2.35%	2.54%	1.51%	1.51%	1.19%	1.52%	2.55%	1.83%	4.92%

Financials

OFG vs. HD - Profitability Comparison

The chart below illustrates the profitability comparison between OFG Bancorp and The Home Depot, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

OFG - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, OFG Bancorp reported a gross profit of 184.32M and revenue of 228.80M. Therefore, the gross margin over that period was 80.6%.

HD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a gross profit of 13.78B and revenue of 41.77B. Therefore, the gross margin over that period was 33.0%.

OFG - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, OFG Bancorp reported an operating income of 79.31M and revenue of 228.80M, resulting in an operating margin of 34.7%.

HD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported an operating income of 4.98B and revenue of 41.77B, resulting in an operating margin of 11.9%.

OFG - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, OFG Bancorp reported a net income of 55.89M and revenue of 228.80M, resulting in a net margin of 24.4%.

HD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Home Depot, Inc. reported a net income of 3.29B and revenue of 41.77B, resulting in a net margin of 7.9%.

Frequently Asked Questions

Can I hold both OFG and HD in my portfolio?

OFG and HD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OFG or HD?

HD has higher volatility (7.94%) compared to OFG (5.92%). In terms of maximum drawdown, OFG dropped -96.64% vs HD's -70.46%.

Which has better risk-adjusted returns?

OFG currently has the higher Sharpe Ratio (0.54 vs -0.56), 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.