ONL vs. CLX
ONL (Orion Office REIT Inc.) and CLX (The Clorox Company) are both stocks. ONL operates in REIT - Office (Real Estate), while CLX operates in Household & Personal Products (Consumer Defensive). Over the past 3 years, ONL returned -21.20%/yr vs -11.36%/yr for CLX. At a 0.15 correlation, their price movements are largely independent.
Performance
ONL vs. CLX - Performance Comparison
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Returns By Period
In the year-to-date period, ONL achieves a 23.76% return, which is significantly higher than CLX's -1.95% return.
ONL
- 1D
- -1.08%
- 1M
- -0.77%
- 6M
- 32.56%
- YTD
- 23.76%
- 1Y
- 23.62%
- 3Y*
- -21.20%
- 5Y*
- —
- 10Y*
- —
CLX
- 1D
- 3.75%
- 1M
- -0.27%
- 6M
- -6.90%
- YTD
- -1.95%
- 1Y
- -20.25%
- 3Y*
- -11.36%
- 5Y*
- -8.74%
- 10Y*
- -0.48%
ONL vs. CLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ONL Orion Office REIT Inc. | 23.76% | -36.91% | -27.43% | -28.36% | -52.44% | -15.71% |
CLX The Clorox Company | -1.95% | -35.59% | 17.72% | 4.99% | -17.00% | 5.01% |
Correlation
The correlation between ONL and CLX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Nov 15, 2021 | 0.15 |
Fundamentals
ONL:
$156.28M
CLX:
$11.68B
ONL:
-$2.54
CLX:
$6.18
ONL:
1.06
CLX:
1.75
ONL:
$145.92M
CLX:
$6.76B
ONL:
$82.76M
CLX:
$2.96B
ONL:
-$71.64M
CLX:
$1.45B
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Return for Risk
ONL vs. CLX — Risk / Return Rank
ONL
CLX
ONL vs. CLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Orion Office REIT Inc. (ONL) and The Clorox Company (CLX). 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.
| ONL | CLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.89 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.55 | -0.67 | +1.22 |
| Martin ratioReturn relative to average drawdown | 1.14 | -1.26 | +2.40 |
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Drawdowns
ONL vs. CLX - Drawdown Comparison
The maximum ONL drawdown since its inception was -91.38%, which is greater than CLX's maximum drawdown of -56.34%. Use the drawdown chart below to compare losses from any high point for ONL and CLX.
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Drawdown Indicators
| ONL | CLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.38% | -56.34% | -35.04% |
Max Drawdown (1Y)Largest decline over 1 year | -36.80% | -31.52% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -74.01% | -46.11% | -27.90% |
Max Drawdown (5Y)Largest decline over 5 years | — | -46.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.34% | — |
Current DrawdownCurrent decline from peak | -83.73% | -51.05% | -32.68% |
Average DrawdownAverage peak-to-trough decline | -69.68% | -13.49% | -56.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.51% | 16.74% | +0.77% |
Volatility
ONL vs. CLX - Volatility Comparison
Orion Office REIT Inc. (ONL) and The Clorox Company (CLX) have volatilities of 10.07% and 10.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ONL | CLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 10.13% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 37.23% | 24.90% | +12.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.74% | 29.18% | +16.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 48.05% | 26.36% | +21.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.05% | 24.67% | +23.38% |
Dividends
ONL vs. CLX - Dividend Comparison
ONL's dividend yield for the trailing twelve months is around 2.91%, less than CLX's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLX The Clorox Company | 5.14% | 4.88% | 2.98% | 3.34% | 3.33% | 2.60% | 2.15% | 2.63% | 2.41% | 2.21% | 2.62% | 2.38% |
ONL Orion Office REIT Inc. | 2.91% | 3.54% | 10.78% | 6.99% | 4.68% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ONL vs. CLX - Financials Comparison
This section allows you to compare key financial metrics between Orion Office REIT Inc. and The Clorox 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
ONL vs. CLX - Profitability Comparison
ONL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Orion Office REIT Inc. reported a gross profit of 21.49M and revenue of 36.27M. Therefore, the gross margin over that period was 59.2%.
CLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, The Clorox Company reported a gross profit of 722.00M and revenue of 1.67B. Therefore, the gross margin over that period was 43.2%.
ONL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Orion Office REIT Inc. reported an operating income of -3.37M and revenue of 36.27M, resulting in an operating margin of -9.3%.
CLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, The Clorox Company reported an operating income of 466.00M and revenue of 1.67B, resulting in an operating margin of 27.9%.
ONL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Orion Office REIT Inc. reported a net income of -13.58M and revenue of 36.27M, resulting in a net margin of -37.4%.
CLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, The Clorox Company reported a net income of 187.00M and revenue of 1.67B, resulting in a net margin of 11.2%.
Frequently Asked Questions
ONL and CLX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLX has higher volatility (10.13%) compared to ONL (10.07%). In terms of maximum drawdown, ONL dropped -91.38% vs CLX's -56.34%.
ONL currently has the higher Sharpe Ratio (0.44 vs -0.73), 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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