OI vs. SMG
OI (O-I Glass, Inc.) and SMG (The Scotts Miracle-Gro Company) are both stocks. OI operates in Packaging & Containers (Consumer Cyclical), while SMG operates in Agricultural Inputs (Basic Materials). Over the past 10 years, OI returned -6.39%/yr vs 2.73%/yr for SMG. At a 0.30 correlation, their price movements are largely independent.
Performance
OI vs. SMG - 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 SMG's 11.08% return. Over the past 10 years, OI has underperformed SMG with an annualized return of -6.39%, while SMG has yielded a comparatively higher 2.73% 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%
SMG
- 1D
- 1.24%
- 1M
- 7.32%
- YTD
- 11.08%
- 6M
- 11.01%
- 1Y
- 4.51%
- 3Y*
- 8.00%
- 5Y*
- -16.76%
- 10Y*
- 2.73%
OI vs. SMG - 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% |
SMG The Scotts Miracle-Gro Company | 11.08% | -8.01% | 8.28% | 36.92% | -68.81% | -18.03% | 96.18% | 77.05% | -41.00% | 14.46% |
Correlation
The correlation between OI and SMG is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 1992 | 0.30 |
The correlation between OI and SMG shifts across timeframes, from 0.30 (all time) to 0.45 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
OI:
$1.39B
SMG:
$3.75B
OI:
-$0.96
SMG:
$1.90
OI:
0.22
SMG:
1.09
OI:
$6.40B
SMG:
$3.39B
OI:
$1.03B
SMG:
$1.10B
OI:
$657.00M
SMG:
$493.90M
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Return for Risk
OI vs. SMG — Risk / Return Rank
OI
SMG
OI vs. SMG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for O-I Glass, Inc. (OI) and The Scotts Miracle-Gro Company (SMG). 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 | SMG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.92 | ||
| Sortino ratioReturn per unit of downside risk | -1.40 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.05 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 0.19 | -0.89 |
| Martin ratioReturn relative to average drawdown | -1.41 | 0.34 | -1.75 |
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Drawdowns
OI vs. SMG - Drawdown Comparison
The maximum OI drawdown since its inception was -94.73%, which is greater than SMG's maximum drawdown of -83.55%. Use the drawdown chart below to compare losses from any high point for OI and SMG.
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Drawdown Indicators
| OI | SMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.73% | -83.55% | -11.18% |
Max Drawdown (1Y)Largest decline over 1 year | -52.44% | -23.85% | -28.59% |
Max Drawdown (3Y)Largest decline over 3 years | -66.14% | -47.42% | -18.72% |
Max Drawdown (5Y)Largest decline over 5 years | -66.25% | -78.41% | +12.16% |
Max Drawdown (10Y)Largest decline over 10 years | -81.56% | -83.55% | +1.99% |
Current DrawdownCurrent decline from peak | -84.52% | -69.55% | -14.97% |
Average DrawdownAverage peak-to-trough decline | -53.24% | -22.04% | -31.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.17% | 13.31% | +12.86% |
Volatility
OI vs. SMG - Volatility Comparison
O-I Glass, Inc. (OI) has a higher volatility of 13.56% compared to The Scotts Miracle-Gro Company (SMG) at 10.03%. This indicates that OI's price experiences larger fluctuations and is considered to be riskier than SMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OI | SMG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.56% | 10.03% | +3.53% |
Volatility (6M)Calculated over the trailing 6-month period | 36.69% | 26.49% | +10.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.82% | 34.25% | +12.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.23% | 46.34% | -2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.46% | 40.43% | +8.03% |
Dividends
OI vs. SMG - Dividend Comparison
OI has not paid dividends to shareholders, while SMG's dividend yield for the trailing twelve months is around 4.16%.
| 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% |
SMG The Scotts Miracle-Gro Company | 4.16% | 4.52% | 3.98% | 4.14% | 5.43% | 1.59% | 3.72% | 2.13% | 3.51% | 1.93% | 2.03% | 2.85% |
Financials
OI vs. SMG - Financials Comparison
This section allows you to compare key financial metrics between O-I Glass, Inc. and The Scotts Miracle-Gro 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. SMG - 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%.
SMG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported a gross profit of 610.50M and revenue of 1.46B. Therefore, the gross margin over that period was 41.8%.
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%.
SMG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported an operating income of 401.80M and revenue of 1.46B, resulting in an operating margin of 27.5%.
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%.
SMG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Scotts Miracle-Gro Company reported a net income of 238.60M and revenue of 1.46B, resulting in a net margin of 16.4%.
Frequently Asked Questions
OI and SMG have a correlation of 0.45, 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 SMG (10.03%). In terms of maximum drawdown, OI dropped -94.73% vs SMG's -83.55%.
SMG currently has the higher Sharpe Ratio (0.13 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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