Correlation
The correlation between ONON and ASO is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ONON vs. ASO
Compare and contrast key facts about On Holding AG (ONON) and Academy Sports and Outdoors, Inc. (ASO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONON or ASO.
Performance
ONON vs. ASO - Performance Comparison
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Key characteristics
ONON:
1.09
ASO:
-0.47
ONON:
1.82
ASO:
-0.45
ONON:
1.23
ASO:
0.95
ONON:
1.39
ASO:
-0.43
ONON:
3.83
ASO:
-1.21
ONON:
14.78%
ASO:
19.35%
ONON:
48.41%
ASO:
48.98%
ONON:
-68.90%
ASO:
-54.17%
ONON:
-8.14%
ASO:
-45.37%
Fundamentals
ONON:
$19.06B
ASO:
$2.70B
ONON:
$0.77
ASO:
$5.73
ONON:
75.90
ASO:
7.09
ONON:
7.51
ASO:
0.46
ONON:
10.83
ASO:
1.39
ONON:
$2.54B
ASO:
$4.57B
ONON:
$1.54B
ASO:
$1.56B
ONON:
$353.70M
ASO:
$557.18M
Returns By Period
In the year-to-date period, ONON achieves a 6.70% return, which is significantly higher than ASO's -29.16% return.
ONON
6.70%
30.56%
0.53%
45.26%
47.21%
N/A
N/A
ASO
-29.16%
6.83%
-12.44%
-23.06%
14.59%
N/A
N/A
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Risk-Adjusted Performance
ONON vs. ASO — Risk-Adjusted Performance Rank
ONON
ASO
ONON vs. ASO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for On Holding AG (ONON) and Academy Sports and Outdoors, Inc. (ASO). 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.
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Dividends
ONON vs. ASO - Dividend Comparison
ONON has not paid dividends to shareholders, while ASO's dividend yield for the trailing twelve months is around 1.13%.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
ONON On Holding AG | 0.00% | 0.00% | 0.00% | 0.00% |
ASO Academy Sports and Outdoors, Inc. | 1.13% | 0.76% | 0.55% | 0.57% |
Drawdowns
ONON vs. ASO - Drawdown Comparison
The maximum ONON drawdown since its inception was -68.90%, which is greater than ASO's maximum drawdown of -54.17%. Use the drawdown chart below to compare losses from any high point for ONON and ASO.
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Volatility
ONON vs. ASO - Volatility Comparison
The current volatility for On Holding AG (ONON) is 13.09%, while Academy Sports and Outdoors, Inc. (ASO) has a volatility of 19.96%. This indicates that ONON experiences smaller price fluctuations and is considered to be less risky than ASO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
ONON vs. ASO - Financials Comparison
This section allows you to compare key financial metrics between On Holding AG and Academy Sports and Outdoors, 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
ONON vs. ASO - Profitability Comparison
ONON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, On Holding AG reported a gross profit of 435.30M and revenue of 726.60M. Therefore, the gross margin over that period was 59.9%.
ASO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Academy Sports and Outdoors, Inc. reported a gross profit of 540.23M and revenue of 1.68B. Therefore, the gross margin over that period was 32.2%.
ONON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, On Holding AG reported an operating income of 77.00M and revenue of 726.60M, resulting in an operating margin of 10.6%.
ASO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Academy Sports and Outdoors, Inc. reported an operating income of 154.70M and revenue of 1.68B, resulting in an operating margin of 9.2%.
ONON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, On Holding AG reported a net income of 56.70M and revenue of 726.60M, resulting in a net margin of 7.8%.
ASO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Academy Sports and Outdoors, Inc. reported a net income of 133.63M and revenue of 1.68B, resulting in a net margin of 8.0%.