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 -6.39%/yr vs 9.19%/yr for PG. At a 0.21 correlation, their price movements are largely independent.
Performance
OI vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, OI achieves a -38.41% return, which is significantly lower than PG's 6.81% return. Over the past 10 years, OI has underperformed PG with an annualized return of -6.39%, while PG has yielded a comparatively higher 9.19% annualized return.
OI
- 1D
- -0.33%
- 1M
- 2.94%
- YTD
- -38.41%
- 6M
- -38.95%
- 1Y
- -36.83%
- 3Y*
- -23.32%
- 5Y*
- -11.18%
- 10Y*
- -6.39%
PG
- 1D
- 2.15%
- 1M
- 4.44%
- YTD
- 6.81%
- 6M
- 6.91%
- 1Y
- -3.62%
- 3Y*
- 3.18%
- 5Y*
- 5.19%
- 10Y*
- 9.19%
OI vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OI O-I Glass, Inc. | -38.41% | 36.16% | -33.82% | -1.15% | 37.74% | 1.09% | 0.16% | -29.69% | -22.24% | 27.34% |
PG The Procter & Gamble Company | 6.81% | -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 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
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 0.16 (3 years) to 0.26 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OI:
$1.39B
PG:
$364.55B
OI:
-$0.96
PG:
$5.23
OI:
0.22
PG:
4.23
OI:
0.62
PG:
6.75
OI:
$6.40B
PG:
$86.72B
OI:
$1.03B
PG:
$43.64B
OI:
$657.00M
PG:
$22.63B
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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 | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.83 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 0.98 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | -0.23 | -0.47 |
| Martin ratioReturn relative to average drawdown | -1.41 | -0.43 | -0.98 |
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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.
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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 | -52.44% | -15.52% | -36.92% |
Max Drawdown (3Y)Largest decline over 3 years | -66.14% | -21.15% | -44.99% |
Max Drawdown (5Y)Largest decline over 5 years | -66.25% | -23.77% | -42.48% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -23.77% | -57.79% |
Current DrawdownCurrent decline from peak | -84.52% | -12.57% | -71.95% |
Average DrawdownAverage peak-to-trough decline | -53.24% | -12.16% | -41.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.17% | 8.48% | +17.69% |
Volatility
OI vs. PG - Volatility Comparison
O-I Glass, Inc. (OI) has a higher volatility of 13.56% compared to The Procter & Gamble Company (PG) at 7.62%. 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.
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Volatility by Period
| OI | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.56% | 7.62% | +5.94% |
Volatility (6M)Calculated over the trailing 6-month period | 36.69% | 15.05% | +21.64% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.82% | 18.92% | +27.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.23% | 17.86% | +26.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.46% | 19.08% | +29.38% |
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 2.82%.
| 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 | 2.82% | 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 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%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
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%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
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%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
OI and PG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OI has higher volatility (13.56%) compared to PG (7.62%). In terms of maximum drawdown, OI dropped -94.73% vs PG's -54.25%.
PG currently has the higher Sharpe Ratio (-0.19 vs -0.79), 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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