OTIS vs. BYND

Last updated Jun 13, 2026

OTIS (Otis Worldwide Corporation) and BYND (Beyond Meat, Inc.) are both stocks. OTIS operates in Specialty Industrial Machinery (Industrials), while BYND operates in Packaged Foods (Consumer Defensive). Over the past 5 years, OTIS returned -0.99%/yr vs -65.98%/yr for BYND. At a 0.23 correlation, their price movements are largely independent.

Performance

OTIS vs. BYND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Otis Worldwide Corporation (OTIS) and Beyond Meat, Inc. (BYND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OTIS achieves a -18.14% return, which is significantly lower than BYND's -16.91% return.

OTIS

• 1D: 0.88%
• 1M: -0.37%
• YTD: -18.14%
• 6M: -18.87%
• 1Y: -24.67%
• 3Y*: -5.09%
• 5Y*: -0.99%
• 10Y*: —

BYND

• 1D: -3.20%
• 1M: -15.29%
• YTD: -16.91%
• 6M: -37.50%
• 1Y: -78.44%
• 3Y*: -63.44%
• 5Y*: -65.98%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OTIS vs. BYND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
OTIS Otis Worldwide Corporation	-18.14%	-3.99%	5.17%	16.04%	-8.76%	30.41%	70.57%
BYND Beyond Meat, Inc.	-16.91%	-78.19%	-57.75%	-27.70%	-81.11%	-47.87%	131.40%

Correlation

The correlation between OTIS and BYND is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (All Time) Calculated using the full available price history since Mar 19, 2020	0.23

The correlation between OTIS and BYND shifts across timeframes, from 0.09 (1 year) to 0.28 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap OTIS : $27.56B BYND : $325.51M
EPS OTIS : $3.77 BYND : $1.03
PE Ratio OTIS : 18.79 BYND : 0.66
PS Ratio OTIS : 1.90 BYND : 0.52
Total Revenue (TTM) OTIS : $14.65B BYND : $275.50M
Gross Profit (TTM) OTIS : $4.45B BYND : $7.65M
EBITDA (TTM) OTIS : $2.44B BYND : -$290.85M

Return for Risk

OTIS vs. BYND — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OTIS

OTIS Risk / Return Rank: 6
OTIS Sharpe Ratio Rank: 4
OTIS Sortino Ratio Rank: 8
OTIS Omega Ratio Rank: 7
OTIS Calmar Ratio Rank: 9
OTIS Martin Ratio Rank: 3

BYND

BYND Risk / Return Rank: 27
BYND Sharpe Ratio Rank: 28
BYND Sortino Ratio Rank: 42
BYND Omega Ratio Rank: 41
BYND Calmar Ratio Rank: 7
BYND Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OTIS vs. BYND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Otis Worldwide Corporation (OTIS) and Beyond Meat, Inc. (BYND). 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.

	OTIS	BYND	Difference
Sharpe ratio: Return per unit of total volatility	-1.09	-0.33	-0.76
Sortino ratio: Return per unit of downside risk	-1.37	0.42	-1.79
Omega ratio: Gain probability vs. loss probability	0.81	1.05	-0.24
Calmar ratio: Return relative to maximum drawdown	-0.85	-0.90	+0.05
Martin ratio: Return relative to average drawdown	-1.69	-1.19	-0.50

OTIS vs. BYND - Sharpe Ratio Comparison

The current OTIS Sharpe Ratio is -1.09, which is lower than the BYND Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of OTIS and BYND, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

OTIS vs. BYND - Drawdown Comparison

The maximum OTIS drawdown since its inception was -32.44%, smaller than the maximum BYND drawdown of -99.78%. Use the drawdown chart below to compare losses from any high point for OTIS and BYND.

Drawdown Indicators

	OTIS	BYND	Difference
Max Drawdown Largest peak-to-trough decline	-32.44%	-99.78%	+67.34%
Max Drawdown (1Y) Largest decline over 1 year	-30.00%	-87.85%	+57.85%
Max Drawdown (3Y) Largest decline over 3 years	-32.44%	-97.06%	+64.62%
Max Drawdown (5Y) Largest decline over 5 years	-32.44%	-99.67%	+67.23%
Current Drawdown Current decline from peak	-31.07%	-99.71%	+68.64%
Average Drawdown Average peak-to-trough decline	-8.99%	-75.62%	+66.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.14%	66.55%	-51.41%

Volatility

OTIS vs. BYND - Volatility Comparison

The current volatility for Otis Worldwide Corporation (OTIS) is 5.68%, while Beyond Meat, Inc. (BYND) has a volatility of 20.19%. This indicates that OTIS experiences smaller price fluctuations and is considered to be less risky than BYND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OTIS	BYND	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.68%	20.19%	-14.51%
Volatility (6M) Calculated over the trailing 6-month period	16.38%	75.70%	-59.32%
Volatility (1Y) Calculated over the trailing 1-year period	23.57%	236.92%	-213.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.11%	126.82%	-104.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.85%	117.26%	-91.41%

Dividends

OTIS vs. BYND - Dividend Comparison

OTIS's dividend yield for the trailing twelve months is around 2.40%, while BYND has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BYND Beyond Meat, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
OTIS Otis Worldwide Corporation	2.40%	1.89%	1.63%	1.46%	1.42%	1.06%	0.89%

Financials

Frequently Asked Questions

Can I hold both OTIS and BYND in my portfolio?

OTIS and BYND have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OTIS or BYND?

BYND has higher volatility (20.19%) compared to OTIS (5.68%). In terms of maximum drawdown, OTIS dropped -32.44% vs BYND's -99.78%.

Which has better risk-adjusted returns?

BYND currently has the higher Sharpe Ratio (-0.33 vs -1.09), 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.