PHX vs. CLW

Last updated Apr 2, 2026

Compare and contrast key facts about PHX Minerals Inc. (PHX) and Clearwater Paper Corporation (CLW).

Performance

PHX vs. CLW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PHX Minerals Inc. (PHX) and Clearwater Paper Corporation (CLW). The values are adjusted to include any dividend payments, if applicable.

PHX vs. CLW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PHX PHX Minerals Inc.	0.00%	10.88%	29.52%	-14.64%	83.43%	-4.32%	-79.09%	-26.79%	-23.93%	-12.03%
CLW Clearwater Paper Corporation	-16.03%	-41.55%	-17.58%	-4.47%	3.11%	-2.86%	76.73%	-12.35%	-46.32%	-30.74%

Fundamentals

Total Revenue (TTM) PHX : $38.46M CLW : $1.56M
Gross Profit (TTM) PHX : $21.10M CLW : $115.60K
EBITDA (TTM) PHX : $20.95M CLW : $26.00M

Returns By Period

PHX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLW

• 1D: 1.60%
• 1M: -2.86%
• YTD: -16.03%
• 6M: -28.59%
• 1Y: -41.49%
• 3Y*: -24.10%
• 5Y*: -17.23%
• 10Y*: -11.36%

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

Return for Risk

PHX vs. CLW — Risk / Return Rank

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

CLW

CLW Risk / Return Rank: 11
CLW Sharpe Ratio Rank: 6
CLW Sortino Ratio Rank: 8
CLW Omega Ratio Rank: 8
CLW Calmar Ratio Rank: 16
CLW 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.

PHX vs. CLW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PHX Minerals Inc. (PHX) and Clearwater Paper Corporation (CLW). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PHX	CLW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.91	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.38	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.03	—

Correlation

The correlation between PHX and CLW is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PHX vs. CLW - Dividend Comparison

PHX's dividend yield for the trailing twelve months is around 0.92%, while CLW has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PHX PHX Minerals Inc.	0.92%	1.84%	3.50%	3.03%	1.93%	1.84%	3.04%	1.43%	1.03%	0.78%	0.68%	0.99%
CLW Clearwater Paper Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	PHX	CLW	Difference
Max Drawdown Largest peak-to-trough decline	—	-83.48%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-59.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-77.82%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-82.02%	—
Current Drawdown Current decline from peak	—	-80.60%	—
Average Drawdown Average peak-to-trough decline	—	-37.05%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	33.75%	—

Volatility

Volatility by Period

	PHX	CLW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	31.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	45.92%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	45.29%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	51.74%	—

Financials