OI vs. APOG
OI (O-I Glass, Inc.) and APOG (Apogee Enterprises, Inc.) are both stocks. OI operates in Packaging & Containers (Consumer Cyclical), while APOG operates in Building Products & Equipment (Industrials). Over the past 10 years, OI returned -8.32%/yr vs 0.17%/yr for APOG. At a 0.28 correlation, their price movements are largely independent.
Performance
OI vs. APOG - Performance Comparison
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Returns By Period
In the year-to-date period, OI achieves a -46.00% return, which is significantly lower than APOG's 4.06% return. Over the past 10 years, OI has underperformed APOG with an annualized return of -8.32%, while APOG has yielded a comparatively higher 0.17% annualized return.
OI
- 1D
- -1.12%
- 1M
- -12.03%
- YTD
- -46.00%
- 6M
- -42.91%
- 1Y
- -38.46%
- 3Y*
- -28.70%
- 5Y*
- -16.16%
- 10Y*
- -8.32%
APOG
- 1D
- -3.21%
- 1M
- 8.15%
- YTD
- 4.06%
- 6M
- -0.61%
- 1Y
- -0.92%
- 3Y*
- -0.06%
- 5Y*
- 1.66%
- 10Y*
- 0.17%
OI vs. APOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -46.00% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
APOG Apogee Enterprises, Inc. | 4.06% | -47.77% | 35.84% | 22.81% | -5.71% | 55.23% | 0.57% | 10.89% | -33.77% | -13.72% |
Correlation
The correlation between OI and APOG is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 1991 | 0.28 |
Over the past year, OI and APOG have become more correlated (0.48) than their long-term average of 0.28, meaning their price movements have been converging.
Fundamentals
OI:
$1.22B
APOG:
$800.88M
OI:
-$0.96
APOG:
$2.51
OI:
0.19
APOG:
0.57
OI:
0.54
APOG:
1.56
OI:
$6.40B
APOG:
$1.40B
OI:
$1.03B
APOG:
$319.47M
OI:
$657.00M
APOG:
$54.05M
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Return for Risk
OI vs. APOG — Risk / Return Rank
OI
APOG
OI vs. APOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) and Apogee Enterprises, Inc. (APOG). 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.
| OI | APOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.81 | ||
| Sortino ratioReturn per unit of downside risk | -1.29 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.03 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.03 | -0.71 |
| Martin ratioReturn relative to average drawdown | -1.62 | -0.06 | -1.56 |
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
| OI | APOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.84 | -0.02 | -0.81 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.37 | 0.05 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.17 | 0.00 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.01 | 0.25 | -0.26 |
Drawdowns
OI vs. APOG - Drawdown Comparison
The maximum OI drawdown since its inception was -94.73%, which is greater than APOG's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for OI and APOG.
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Drawdown Indicators
| OI | APOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -84.96% | -9.77% |
Max Drawdown (1Y)Largest decline over 1 year | -52.07% | -29.12% | -22.95% |
Max Drawdown (3Y)Largest decline over 3 years | -65.88% | -62.46% | -3.42% |
Max Drawdown (5Y)Largest decline over 5 years | -66.00% | -62.46% | -3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -74.60% | -6.96% |
Current DrawdownCurrent decline from peak | -86.42% | -55.50% | -30.92% |
Average DrawdownAverage peak-to-trough decline | -53.20% | -29.05% | -24.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.83% | 15.42% | +8.41% |
Volatility
OI vs. APOG - Volatility Comparison
O-I Glass, Inc. (OI) has a higher volatility of 14.01% compared to Apogee Enterprises, Inc. (APOG) at 10.27%. This indicates that OI's price experiences larger fluctuations and is considered to be riskier than APOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OI | APOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.01% | 10.27% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 36.43% | 28.93% | +7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.12% | 37.27% | +8.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.26% | 36.93% | +7.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.47% | 42.41% | +6.06% |
Dividends
OI vs. APOG - Dividend Comparison
OI has not paid dividends to shareholders, while APOG's dividend yield for the trailing twelve months is around 2.84%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APOG Apogee Enterprises, Inc. | 2.84% | 2.86% | 1.40% | 1.80% | 1.98% | 1.66% | 2.37% | 2.15% | 2.11% | 1.22% | 0.93% | 1.01% |
OI O-I Glass, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.42% | 1.68% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OI vs. APOG - Financials Comparison
This section allows you to compare key financial metrics between O-I Glass, Inc. and Apogee Enterprises, 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
OI vs. APOG - Profitability Comparison
OI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported a gross profit of 199.00M and revenue of 1.54B. Therefore, the gross margin over that period was 12.9%.
APOG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported a gross profit of 65.25M and revenue of 351.35M. Therefore, the gross margin over that period was 18.6%.
OI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported an operating income of 91.00M and revenue of 1.54B, resulting in an operating margin of 5.9%.
APOG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported an operating income of 25.78M and revenue of 351.35M, resulting in an operating margin of 7.3%.
OI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, O-I Glass, Inc. reported a net income of -35.00M and revenue of 1.54B, resulting in a net margin of -2.3%.
APOG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Apogee Enterprises, Inc. reported a net income of 16.62M and revenue of 351.35M, resulting in a net margin of 4.7%.
Frequently Asked Questions
OI and APOG have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OI has higher volatility (14.01%) compared to APOG (10.27%). In terms of maximum drawdown, OI dropped -94.73% vs APOG's -84.96%.
APOG currently has the higher Sharpe Ratio (-0.02 vs -0.84), 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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