OLN vs. ES
OLN (Olin Corporation) and ES (Eversource Energy) are both stocks. OLN operates in Specialty Chemicals (Basic Materials), while ES operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, OLN returned 3.32%/yr vs 5.44%/yr for ES. At a 0.19 correlation, their price movements are largely independent.
Performance
OLN vs. ES - Performance Comparison
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Returns By Period
In the year-to-date period, OLN achieves a 22.46% return, which is significantly higher than ES's 4.32% return. Over the past 10 years, OLN has underperformed ES with an annualized return of 3.32%, while ES has yielded a comparatively higher 5.44% annualized return.
OLN
- 1D
- 3.84%
- 1M
- -6.16%
- YTD
- 22.46%
- 6M
- 15.01%
- 1Y
- 27.48%
- 3Y*
- -19.68%
- 5Y*
- -10.59%
- 10Y*
- 3.32%
ES
- 1D
- 0.38%
- 1M
- 3.48%
- YTD
- 4.32%
- 6M
- 4.28%
- 1Y
- 10.16%
- 3Y*
- 4.00%
- 5Y*
- 0.24%
- 10Y*
- 5.44%
OLN vs. ES - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OLN Olin Corporation | 22.46% | -36.15% | -36.29% | 3.46% | -6.63% | 138.55% | 50.81% | -10.77% | -41.88% | 42.51% |
ES Eversource Energy | 4.32% | 22.86% | -2.46% | -23.43% | -5.06% | 8.18% | 4.45% | 34.49% | 6.41% | 17.97% |
Correlation
The correlation between OLN and ES is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.18 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.19 |
The correlation between OLN and ES shifts across timeframes, from 0.11 (10 years) to 0.24 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
OLN:
$2.86B
ES:
$25.87B
OLN:
-$1.11
ES:
$4.68
OLN:
0.43
ES:
1.84
OLN:
1.65
ES:
0.00
OLN:
$6.72B
ES:
$13.93B
OLN:
$352.80M
ES:
$4.19B
OLN:
$374.70M
ES:
$4.60B
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Return for Risk
OLN vs. ES — Risk / Return Rank
OLN
ES
OLN vs. ES - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Olin Corporation (OLN) and Eversource Energy (ES). 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.
| OLN | ES | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 1.09 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 0.61 | +0.14 |
| Martin ratioReturn relative to average drawdown | 1.73 | 1.46 | +0.27 |
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Drawdowns
OLN vs. ES - Drawdown Comparison
The maximum OLN drawdown since its inception was -73.80%, roughly equal to the maximum ES drawdown of -73.04%. Use the drawdown chart below to compare losses from any high point for OLN and ES.
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Drawdown Indicators
| OLN | ES | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.80% | -73.04% | -0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -31.45% | -15.13% | -16.32% |
Max Drawdown (3Y)Largest decline over 3 years | -69.26% | -28.65% | -40.61% |
Max Drawdown (5Y)Largest decline over 5 years | -71.87% | -41.69% | -30.18% |
Max Drawdown (10Y)Largest decline over 10 years | -73.80% | -41.69% | -32.11% |
Current DrawdownCurrent decline from peak | -58.94% | -13.32% | -45.62% |
Average DrawdownAverage peak-to-trough decline | -24.97% | -19.06% | -5.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.58% | 6.30% | +7.28% |
Volatility
OLN vs. ES - Volatility Comparison
Olin Corporation (OLN) has a higher volatility of 9.59% compared to Eversource Energy (ES) at 7.72%. This indicates that OLN's price experiences larger fluctuations and is considered to be riskier than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLN | ES | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 7.72% | +1.87% |
Volatility (6M)Calculated over the trailing 6-month period | 38.93% | 16.00% | +22.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.61% | 24.68% | +30.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.90% | 23.94% | +20.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.12% | 24.35% | +22.77% |
Dividends
OLN vs. ES - Dividend Comparison
OLN's dividend yield for the trailing twelve months is around 3.18%, less than ES's 4.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ES Eversource Energy | 4.48% | 4.47% | 4.98% | 4.37% | 3.04% | 2.65% | 2.62% | 2.52% | 3.11% | 3.01% | 3.22% | 3.27% |
OLN Olin Corporation | 3.18% | 3.84% | 2.37% | 1.48% | 1.51% | 1.39% | 3.26% | 4.64% | 3.98% | 2.25% | 3.12% | 4.63% |
Financials
OLN vs. ES - Financials Comparison
This section allows you to compare key financial metrics between Olin Corporation and Eversource Energy. 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
Frequently Asked Questions
OLN and ES have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OLN has higher volatility (9.59%) compared to ES (7.72%). In terms of maximum drawdown, OLN dropped -73.80% vs ES's -73.04%.
OLN currently has the higher Sharpe Ratio (0.42 vs 0.37), 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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