OI vs. PG
OI (O-I Glass, Inc.) and PG (The Procter & Gamble Company) are both stocks. OI operates in Packaging & Containers (Consumer Cyclical), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, OI returned -8.81%/yr vs 8.30%/yr for PG. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
OI vs. PG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, OI achieves a -49.53% return, which is significantly lower than PG's 3.41% return. Over the past 10 years, OI has underperformed PG with an annualized return of -8.81%, while PG has yielded a comparatively higher 8.30% annualized return.
OI
- 1D
- 4.20%
- 1M
- -23.90%
- 6M
- -52.24%
- YTD
- -49.53%
- 1Y
- -41.93%
- 3Y*
- -27.51%
- 5Y*
- -12.74%
- 10Y*
- -8.81%
- ALL TIME*
- -0.86%
PG
- 1D
- 0.33%
- 1M
- -3.54%
- 6M
- -3.94%
- YTD
- 3.41%
- 1Y
- -0.94%
- 3Y*
- 0.34%
- 5Y*
- 2.97%
- 10Y*
- 8.30%
- ALL TIME*
- 10.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.74M | $33.82M | $28.63M | |
| $1.28B | $1.27B | $1.30B |
OI vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -49.53% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
PG The Procter & Gamble Company | 3.41% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between OI and PG is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.20 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 1991 | 0.21 |
The correlation between OI and PG shifts across timeframes, from 0.18 (3 years) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OI:
$1.14B
PG:
$344.65B
OI:
-$5.42
PG:
$6.62
OI:
0.18
PG:
4.04
OI:
0.84
PG:
6.47
OI:
$6.36B
PG:
$87.03B
OI:
$942.00M
PG:
$43.67B
OI:
-$689.00M
PG:
$21.25B
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
OI vs. PG — Risk / Return Rank
OI
PG
OI vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) and The Procter & Gamble Company (PG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| OI | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.78 | ||
| Sortino ratioReturn per unit of downside risk | -1.13 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.01 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | -0.06 | -0.68 |
| Martin ratioReturn relative to average drawdown | -1.48 | -0.10 | -1.38 |
Loading charts...
Drawdowns
OI vs. PG - Drawdown Comparison
The maximum OI drawdown since its inception was -94.73%, which is greater than PG's maximum drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for OI and PG.
Loading charts...
Drawdown Indicators
| OI | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -54.25% | -40.48% |
Max Drawdown (1Y)Largest decline over 1 year | -57.01% | -15.52% | -41.49% |
Max Drawdown (3Y)Largest decline over 3 years | -64.74% | -21.15% | -43.59% |
Max Drawdown (5Y)Largest decline over 5 years | -69.50% | -23.77% | -45.73% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -23.77% | -57.79% |
Current DrawdownCurrent decline from peak | -87.31% | -15.35% | -71.96% |
Average DrawdownAverage peak-to-trough decline | -53.34% | -12.17% | -41.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.29% | 9.09% | +19.20% |
Volatility
OI vs. PG - Volatility Comparison
O-I Glass, Inc. (OI) has a higher volatility of 25.97% compared to The Procter & Gamble Company (PG) at 6.36%. This indicates that OI's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OI | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.97% | 6.36% | +19.61% |
Volatility (6M)Calculated over the trailing 6-month period | 44.30% | 15.67% | +28.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.10% | 19.61% | +31.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.58% | 18.07% | +27.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.94% | 19.18% | +29.76% |
Dividends
OI vs. PG - Dividend Comparison
OI has not paid dividends to shareholders, while PG's dividend yield for the trailing twelve months is around 2.96%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PG The Procter & Gamble Company | 2.96% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
OI vs. PG - Financials Comparison
This section allows you to compare key financial metrics between O-I Glass, Inc. and The Procter & Gamble Company. 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. PG - Profitability Comparison
OI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, O-I Glass, Inc. reported a gross profit of 214.00M and revenue of 1.67B. Therefore, the gross margin over that period was 12.8%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Procter & Gamble Company reported a gross profit of 10.28B and revenue of 21.20B. Therefore, the gross margin over that period was 48.5%.
OI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, O-I Glass, Inc. reported an operating income of 130.00M and revenue of 1.67B, resulting in an operating margin of 7.8%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Procter & Gamble Company reported an operating income of 3.95B and revenue of 21.20B, resulting in an operating margin of 18.6%.
OI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, O-I Glass, Inc. reported a net income of -651.00M and revenue of 1.67B, resulting in a net margin of -39.1%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Procter & Gamble Company reported a net income of 3.00B and revenue of 21.20B, resulting in a net margin of 14.1%.
Frequently Asked Questions
OI and PG 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.
OI has higher volatility (25.97%) compared to PG (6.36%). In terms of maximum drawdown, OI dropped -94.73% vs PG's -54.25%.
PG currently has the higher Sharpe Ratio (-0.05 vs -0.82), 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 OI and PG
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