OLN vs. OTIS
OLN (Olin Corporation) and OTIS (Otis Worldwide Corporation) are both stocks. OLN operates in Specialty Chemicals (Basic Materials), while OTIS operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, OLN returned -10.59%/yr vs -0.99%/yr for OTIS. At a 0.41 correlation, their price movements are largely independent.
Performance
OLN vs. OTIS - 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 OTIS's -18.14% 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%
OTIS
- 1D
- 0.88%
- 1M
- -0.37%
- YTD
- -18.14%
- 6M
- -18.87%
- 1Y
- -24.67%
- 3Y*
- -5.09%
- 5Y*
- -0.99%
- 10Y*
- —
OLN vs. OTIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
OLN Olin Corporation | 22.46% | -36.15% | -36.29% | 3.46% | -6.63% | 138.55% | 134.45% |
OTIS Otis Worldwide Corporation | -18.14% | -3.99% | 5.17% | 16.04% | -8.76% | 30.41% | 70.57% |
Correlation
The correlation between OLN and OTIS is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Mar 19, 2020 | 0.41 |
The correlation between OLN and OTIS shifts across timeframes, from 0.24 (1 year) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
OLN:
$2.86B
OTIS:
$27.56B
OLN:
-$1.11
OTIS:
$3.77
OLN:
0.43
OTIS:
1.90
OLN:
$6.72B
OTIS:
$14.65B
OLN:
$352.80M
OTIS:
$4.45B
OLN:
$374.70M
OTIS:
$2.44B
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Return for Risk
OLN vs. OTIS — Risk / Return Rank
OLN
OTIS
OLN vs. OTIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Olin Corporation (OLN) and Otis Worldwide Corporation (OTIS). 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 | OTIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.34 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.81 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | -0.85 | +1.60 |
| Martin ratioReturn relative to average drawdown | 1.73 | -1.69 | +3.42 |
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Drawdowns
OLN vs. OTIS - Drawdown Comparison
The maximum OLN drawdown since its inception was -73.80%, which is greater than OTIS's maximum drawdown of -32.44%. Use the drawdown chart below to compare losses from any high point for OLN and OTIS.
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Drawdown Indicators
| OLN | OTIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.80% | -32.44% | -41.36% |
Max Drawdown (1Y)Largest decline over 1 year | -31.45% | -30.00% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -69.26% | -32.44% | -36.82% |
Max Drawdown (5Y)Largest decline over 5 years | -71.87% | -32.44% | -39.43% |
Max Drawdown (10Y)Largest decline over 10 years | -73.80% | — | — |
Current DrawdownCurrent decline from peak | -58.94% | -31.07% | -27.87% |
Average DrawdownAverage peak-to-trough decline | -24.97% | -8.99% | -15.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.58% | 15.14% | -1.56% |
Volatility
OLN vs. OTIS - Volatility Comparison
Olin Corporation (OLN) has a higher volatility of 9.59% compared to Otis Worldwide Corporation (OTIS) at 5.68%. This indicates that OLN's price experiences larger fluctuations and is considered to be riskier than OTIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OLN | OTIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 5.68% | +3.91% |
Volatility (6M)Calculated over the trailing 6-month period | 38.93% | 16.38% | +22.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.61% | 23.57% | +32.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.90% | 22.11% | +22.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.12% | 25.85% | +21.27% |
Dividends
OLN vs. OTIS - Dividend Comparison
OLN's dividend yield for the trailing twelve months is around 3.18%, more than OTIS's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
OTIS Otis Worldwide Corporation | 2.40% | 1.89% | 1.63% | 1.46% | 1.42% | 1.06% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
OLN vs. OTIS - Financials Comparison
This section allows you to compare key financial metrics between Olin Corporation and Otis Worldwide Corporation. 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
OLN vs. OTIS - Profitability Comparison
OLN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Olin Corporation reported a gross profit of 0.00 and revenue of 1.58B. Therefore, the gross margin over that period was 0.0%.
OTIS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported a gross profit of 1.08B and revenue of 3.57B. Therefore, the gross margin over that period was 30.3%.
OLN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Olin Corporation reported an operating income of -78.30M and revenue of 1.58B, resulting in an operating margin of -5.0%.
OTIS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported an operating income of 539.00M and revenue of 3.57B, resulting in an operating margin of 15.1%.
OLN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Olin Corporation reported a net income of -83.00M and revenue of 1.58B, resulting in a net margin of -5.2%.
OTIS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Otis Worldwide Corporation reported a net income of 340.00M and revenue of 3.57B, resulting in a net margin of 9.5%.
Frequently Asked Questions
OLN and OTIS have a correlation of 0.24, 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 OTIS (5.68%). In terms of maximum drawdown, OLN dropped -73.80% vs OTIS's -32.44%.
OLN currently has the higher Sharpe Ratio (0.42 vs -1.09), 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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