ONEW vs. WM
ONEW (OneWater Marine Inc.) and WM (Waste Management, Inc.) are both stocks. ONEW operates in Recreational Vehicles (Consumer Cyclical), while WM operates in Waste Management (Industrials). Over the past 5 years, ONEW returned -22.99%/yr vs 12.02%/yr for WM. At a 0.10 correlation, their price movements are largely independent.
Performance
ONEW vs. WM - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ONEW achieves a 2.77% return, which is significantly lower than WM's 7.08% return.
ONEW
- 1D
- 1.55%
- 1M
- 0.36%
- 6M
- -15.57%
- YTD
- 2.77%
- 1Y
- -27.32%
- 3Y*
- -32.78%
- 5Y*
- -22.99%
- 10Y*
- —
WM
- 1D
- 0.72%
- 1M
- 6.32%
- 6M
- 6.50%
- YTD
- 7.08%
- 1Y
- 4.89%
- 3Y*
- 12.80%
- 5Y*
- 12.02%
- 10Y*
- 15.27%
ONEW vs. WM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ONEW OneWater Marine Inc. | 2.77% | -37.74% | -48.56% | 18.15% | -53.09% | 118.80% | 93.68% |
WM Waste Management, Inc. | 7.08% | 10.50% | 14.28% | 16.20% | -4.49% | 43.82% | -2.87% |
Correlation
The correlation between ONEW and WM is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020 | 0.10 |
The correlation between ONEW and WM shifts across timeframes, from -0.11 (1 year) to 0.10 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ONEW:
$184.79M
WM:
$93.70B
ONEW:
-$7.44
WM:
$6.91
ONEW:
0.10
WM:
3.71
ONEW:
0.69
WM:
9.42
ONEW:
$1.84B
WM:
$25.41B
ONEW:
$422.27M
WM:
$5.61B
ONEW:
-$103.60M
WM:
$6.96B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ONEW vs. WM — Risk / Return Rank
ONEW
WM
ONEW vs. WM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for OneWater Marine Inc. (ONEW) and Waste Management, Inc. (WM). 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 | WM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.06 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.58 | 0.30 | -0.88 |
| Martin ratioReturn relative to average drawdown | -1.01 | 0.65 | -1.66 |
Loading charts...
Drawdowns
ONEW vs. WM - Drawdown Comparison
The maximum ONEW drawdown since its inception was -86.30%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for ONEW and WM.
Loading charts...
Drawdown Indicators
| ONEW | WM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.30% | -77.85% | -8.45% |
Max Drawdown (1Y)Largest decline over 1 year | -52.18% | -16.70% | -35.48% |
Max Drawdown (3Y)Largest decline over 3 years | -78.18% | -18.14% | -60.04% |
Max Drawdown (5Y)Largest decline over 5 years | -86.30% | -18.14% | -68.16% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.07% | — |
Current DrawdownCurrent decline from peak | -81.76% | -4.56% | -77.20% |
Average DrawdownAverage peak-to-trough decline | -46.71% | -17.67% | -29.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.83% | 7.82% | +22.01% |
Volatility
ONEW vs. WM - Volatility Comparison
OneWater Marine Inc. (ONEW) has a higher volatility of 14.01% compared to Waste Management, Inc. (WM) at 7.09%. This indicates that ONEW's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ONEW | WM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.01% | 7.09% | +6.92% |
Volatility (6M)Calculated over the trailing 6-month period | 42.21% | 14.99% | +27.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.38% | 19.59% | +36.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.03% | 18.79% | +36.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 64.68% | 19.62% | +45.06% |
Dividends
ONEW vs. WM - Dividend Comparison
ONEW has not paid dividends to shareholders, while WM's dividend yield for the trailing twelve months is around 1.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ONEW OneWater Marine Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.95% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WM Waste Management, Inc. | 1.52% | 1.50% | 1.49% | 1.56% | 1.66% | 1.38% | 1.85% | 1.80% | 2.09% | 1.97% | 2.31% | 2.89% |
Financials
ONEW vs. WM - Financials Comparison
This section allows you to compare key financial metrics between OneWater Marine Inc. and Waste Management, 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. WM - Profitability Comparison
ONEW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
WM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Waste Management, Inc. reported a gross profit of 0.00 and revenue of 6.23B. Therefore, the gross margin over that period was 0.0%.
ONEW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, OneWater Marine Inc. reported an operating income of 7.64M and revenue of 442.29M, resulting in an operating margin of 1.7%.
WM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Waste Management, Inc. reported an operating income of 1.11B and revenue of 6.23B, resulting in an operating margin of 17.9%.
ONEW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, OneWater Marine Inc. reported a net income of -12.90M and revenue of 442.29M, resulting in a net margin of -2.9%.
WM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Waste Management, Inc. reported a net income of 723.00M and revenue of 6.23B, resulting in a net margin of 11.6%.
Frequently Asked Questions
ONEW and WM have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONEW has higher volatility (14.01%) compared to WM (7.09%). In terms of maximum drawdown, ONEW dropped -86.30% vs WM's -77.85%.
WM currently has the higher Sharpe Ratio (0.26 vs -0.54), 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.
Find the right allocation for ONEW and WM
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer