ONEW vs. CLH
ONEW (OneWater Marine Inc.) and CLH (Clean Harbors, Inc.) are both stocks. ONEW operates in Recreational Vehicles (Consumer Cyclical), while CLH operates in Waste Management (Industrials). Over the past 5 years, ONEW returned -22.82%/yr vs 26.58%/yr for CLH. At a 0.36 correlation, their price movements are largely independent.
Performance
ONEW vs. CLH - Performance Comparison
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Returns By Period
In the year-to-date period, ONEW achieves a 5.55% return, which is significantly lower than CLH's 23.40% return.
ONEW
- 1D
- 0.79%
- 1M
- 5.74%
- YTD
- 5.55%
- 6M
- 6.63%
- 1Y
- -17.49%
- 3Y*
- -30.36%
- 5Y*
- -22.82%
- 10Y*
- —
CLH
- 1D
- 0.26%
- 1M
- 0.85%
- YTD
- 23.40%
- 6M
- 21.07%
- 1Y
- 28.02%
- 3Y*
- 23.02%
- 5Y*
- 26.58%
- 10Y*
- 18.91%
ONEW vs. CLH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ONEW OneWater Marine Inc. | 5.55% | -37.74% | -48.56% | 18.15% | -53.09% | 118.80% | 93.68% |
CLH Clean Harbors, Inc. | 23.40% | 1.89% | 31.88% | 52.92% | 14.38% | 31.10% | -11.04% |
Correlation
The correlation between ONEW and CLH 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 | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020 | 0.36 |
Fundamentals
ONEW:
$189.73M
CLH:
$15.33B
ONEW:
-$7.45
CLH:
$7.40
ONEW:
0.10
CLH:
2.55
ONEW:
0.70
CLH:
5.52
ONEW:
$1.84B
CLH:
$6.06B
ONEW:
$422.27M
CLH:
$1.81B
ONEW:
-$103.60M
CLH:
$1.07B
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Return for Risk
ONEW vs. CLH — Risk / Return Rank
ONEW
CLH
ONEW vs. CLH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OneWater Marine Inc. (ONEW) and Clean Harbors, Inc. (CLH). 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.
| ONEW | CLH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.34 | ||
| Sortino ratioReturn per unit of downside risk | -1.51 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.21 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 1.45 | -1.78 |
| Martin ratioReturn relative to average drawdown | -0.61 | 4.39 | -5.00 |
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Drawdowns
ONEW vs. CLH - Drawdown Comparison
The maximum ONEW drawdown since its inception was -86.30%, smaller than the maximum CLH drawdown of -93.48%. Use the drawdown chart below to compare losses from any high point for ONEW and CLH.
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Drawdown Indicators
| ONEW | CLH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.30% | -93.48% | +7.18% |
Max Drawdown (1Y)Largest decline over 1 year | -52.18% | -19.45% | -32.73% |
Max Drawdown (3Y)Largest decline over 3 years | -78.18% | -30.86% | -47.32% |
Max Drawdown (5Y)Largest decline over 5 years | -86.30% | -30.86% | -55.44% |
Max Drawdown (10Y)Largest decline over 10 years | — | -64.51% | — |
Current DrawdownCurrent decline from peak | -81.27% | -7.76% | -73.51% |
Average DrawdownAverage peak-to-trough decline | -46.42% | -32.88% | -13.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.66% | 6.39% | +22.27% |
Volatility
ONEW vs. CLH - Volatility Comparison
OneWater Marine Inc. (ONEW) has a higher volatility of 15.50% compared to Clean Harbors, Inc. (CLH) at 7.75%. This indicates that ONEW's price experiences larger fluctuations and is considered to be riskier than CLH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONEW | CLH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.50% | 7.75% | +7.75% |
Volatility (6M)Calculated over the trailing 6-month period | 42.99% | 19.07% | +23.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.92% | 27.29% | +29.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.02% | 28.61% | +26.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.85% | 34.77% | +30.08% |
Dividends
ONEW vs. CLH - Dividend Comparison
Neither ONEW nor CLH has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
CLH Clean Harbors, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ONEW OneWater Marine Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.95% |
Financials
ONEW vs. CLH - Financials Comparison
This section allows you to compare key financial metrics between OneWater Marine Inc. and Clean Harbors, Inc.. 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
ONEW vs. CLH - Profitability Comparison
ONEW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported a gross profit of 105.53M and revenue of 442.29M. Therefore, the gross margin over that period was 23.9%.
CLH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a gross profit of 445.42M and revenue of 1.46B. Therefore, the gross margin over that period was 30.5%.
ONEW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported an operating income of 7.64M and revenue of 442.29M, resulting in an operating margin of 1.7%.
CLH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported an operating income of 118.94M and revenue of 1.46B, resulting in an operating margin of 8.2%.
ONEW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, OneWater Marine Inc. reported a net income of -12.90M and revenue of 442.29M, resulting in a net margin of -2.9%.
CLH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a net income of 63.20M and revenue of 1.46B, resulting in a net margin of 4.3%.
Frequently Asked Questions
ONEW and CLH 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.
ONEW has higher volatility (15.50%) compared to CLH (7.75%). In terms of maximum drawdown, ONEW dropped -86.30% vs CLH's -93.48%.
CLH currently has the higher Sharpe Ratio (1.03 vs -0.31), 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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