OPXS vs. HWM
OPXS (Optex Systems Holdings Inc. Common Stock) and HWM (Howmet Aerospace Inc.) are both stocks. Both are in the Industrials sector — OPXS in Aerospace & Defense, HWM in Specialty Industrial Machinery. Over the past 10 years, OPXS returned 19.13%/yr vs 31.86%/yr for HWM. At a 0.06 correlation, their price movements are largely independent.
Performance
OPXS vs. HWM - Performance Comparison
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Returns By Period
In the year-to-date period, OPXS achieves a -17.56% return, which is significantly lower than HWM's 21.39% return. Over the past 10 years, OPXS has underperformed HWM with an annualized return of 19.13%, while HWM has yielded a comparatively higher 31.86% annualized return.
OPXS
- 1D
- -2.18%
- 1M
- 8.04%
- YTD
- -17.56%
- 6M
- -18.59%
- 1Y
- 32.69%
- 3Y*
- 54.66%
- 5Y*
- 50.18%
- 10Y*
- 19.13%
HWM
- 1D
- -0.83%
- 1M
- 3.77%
- YTD
- 21.39%
- 6M
- 28.10%
- 1Y
- 44.37%
- 3Y*
- 77.12%
- 5Y*
- 48.28%
- 10Y*
- 31.86%
OPXS vs. HWM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OPXS Optex Systems Holdings Inc. Common Stock | -17.56% | 106.71% | 4.66% | 122.19% | 57.75% | 5.06% | -9.64% | 50.38% | 23.80% | 70.34% |
HWM Howmet Aerospace Inc. | 21.39% | 87.95% | 102.71% | 37.84% | 24.16% | 11.67% | 21.03% | 83.54% | -37.43% | 48.40% |
Correlation
The correlation between OPXS and HWM is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since May 5, 2009 | 0.06 |
The correlation between OPXS and HWM shifts across timeframes, from 0.06 (all time) to 0.19 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
OPXS:
$127.40
HWM:
$4.31
OPXS:
0.09
HWM:
57.70
OPXS:
0.00
HWM:
0.98
OPXS:
0.02
HWM:
11.67
OPXS:
$3.78B
HWM:
$8.62B
OPXS:
$1.45B
HWM:
$2.81B
OPXS:
$664.48M
HWM:
$2.66B
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Return for Risk
OPXS vs. HWM — Risk / Return Rank
OPXS
HWM
OPXS vs. HWM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Optex Systems Holdings Inc. Common Stock (OPXS) and Howmet Aerospace Inc. (HWM). 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.
| OPXS | HWM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.95 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.25 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 0.79 | 2.81 | -2.02 |
| Martin ratioReturn relative to average drawdown | 1.58 | 8.10 | -6.52 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| OPXS | HWM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 1.46 | -1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.52 | -0.58 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.32 | 0.80 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.21 | -0.31 |
Drawdowns
OPXS vs. HWM - Drawdown Comparison
The maximum OPXS drawdown since its inception was -99.87%, which is greater than HWM's maximum drawdown of -88.30%. Use the drawdown chart below to compare losses from any high point for OPXS and HWM.
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Drawdown Indicators
| OPXS | HWM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.87% | -88.30% | -11.57% |
Max Drawdown (1Y)Largest decline over 1 year | -41.80% | -15.89% | -25.91% |
Max Drawdown (3Y)Largest decline over 3 years | -45.68% | -19.41% | -26.27% |
Max Drawdown (5Y)Largest decline over 5 years | -45.68% | -23.19% | -22.49% |
Max Drawdown (10Y)Largest decline over 10 years | -76.40% | -64.81% | -11.59% |
Current DrawdownCurrent decline from peak | -97.28% | -9.12% | -88.16% |
Average DrawdownAverage peak-to-trough decline | -95.72% | -31.02% | -64.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.80% | 5.49% | +15.31% |
Volatility
OPXS vs. HWM - Volatility Comparison
Optex Systems Holdings Inc. Common Stock (OPXS) has a higher volatility of 18.22% compared to Howmet Aerospace Inc. (HWM) at 11.35%. This indicates that OPXS's price experiences larger fluctuations and is considered to be riskier than HWM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OPXS | HWM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.22% | 11.35% | +6.87% |
Volatility (6M)Calculated over the trailing 6-month period | 46.25% | 24.03% | +22.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.33% | 30.55% | +42.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.95% | 32.03% | +21.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.94% | 39.78% | +20.16% |
Dividends
OPXS vs. HWM - Dividend Comparison
OPXS has not paid dividends to shareholders, while HWM's dividend yield for the trailing twelve months is around 0.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HWM Howmet Aerospace Inc. | 0.19% | 0.21% | 0.24% | 0.31% | 0.25% | 0.13% | 0.05% | 0.39% | 1.42% | 0.88% | 40.49% | 1.22% |
OPXS Optex Systems Holdings Inc. Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.05% | 3.64% | 0.00% | 0.00% |
Financials
OPXS vs. HWM - Financials Comparison
This section allows you to compare key financial metrics between Optex Systems Holdings Inc. Common Stock and Howmet Aerospace 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
OPXS vs. HWM - Profitability Comparison
OPXS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported a gross profit of 1.44B and revenue of 3.75B. Therefore, the gross margin over that period was 38.3%.
HWM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a gross profit of 854.00M and revenue of 2.31B. Therefore, the gross margin over that period was 36.9%.
OPXS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported an operating income of 660.00M and revenue of 3.75B, resulting in an operating margin of 17.6%.
HWM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported an operating income of 734.00M and revenue of 2.31B, resulting in an operating margin of 31.7%.
OPXS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Optex Systems Holdings Inc. Common Stock reported a net income of 660.00M and revenue of 3.75B, resulting in a net margin of 17.6%.
HWM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Howmet Aerospace Inc. reported a net income of 580.00M and revenue of 2.31B, resulting in a net margin of 25.1%.
Frequently Asked Questions
OPXS and HWM have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OPXS has higher volatility (18.22%) compared to HWM (11.35%). In terms of maximum drawdown, OPXS dropped -99.87% vs HWM's -88.30%.
HWM currently has the higher Sharpe Ratio (1.46 vs 0.45), 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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