PII vs. WGO
PII (Polaris Industries Inc.) and WGO (Winnebago Industries, Inc.) are both stocks. Both operate in the Recreational Vehicles industry within the Consumer Cyclical sector. Over the past 10 years, PII returned 0.15%/yr vs 4.24%/yr for WGO. At a 0.39 correlation, their price movements are largely independent.
Performance
PII vs. WGO - Performance Comparison
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Returns By Period
In the year-to-date period, PII achieves a 8.06% return, which is significantly higher than WGO's -24.80% return. Over the past 10 years, PII has underperformed WGO with an annualized return of 0.15%, while WGO has yielded a comparatively higher 4.24% annualized return.
PII
- 1D
- -0.70%
- 1M
- -5.64%
- 6M
- -3.19%
- YTD
- 8.06%
- 1Y
- 39.77%
- 3Y*
- -16.09%
- 5Y*
- -9.61%
- 10Y*
- 0.15%
WGO
- 1D
- 0.65%
- 1M
- 1.09%
- 6M
- -31.90%
- YTD
- -24.80%
- 1Y
- -7.66%
- 3Y*
- -22.00%
- 5Y*
- -12.33%
- 10Y*
- 4.24%
PII vs. WGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PII Polaris Industries Inc. | 8.06% | 15.90% | -37.19% | -3.79% | -6.01% | 17.75% | -3.78% | 36.37% | -36.76% | 54.19% |
WGO Winnebago Industries, Inc. | -24.80% | -11.86% | -33.08% | 40.87% | -28.69% | 25.97% | 14.19% | 121.91% | -56.04% | 77.77% |
Correlation
The correlation between PII and WGO is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.67 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Sep 16, 1987 | 0.39 |
The correlation between PII and WGO shifts across timeframes, from 0.39 (all time) to 0.67 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PII:
$3.81B
WGO:
$835.63M
PII:
-$7.82
WGO:
$1.36
PII:
0.53
WGO:
0.30
PII:
5.12
WGO:
0.68
PII:
$7.27B
WGO:
$2.84B
PII:
$1.43B
WGO:
$368.70M
PII:
-$206.10M
WGO:
$113.40M
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Return for Risk
PII vs. WGO — Risk / Return Rank
PII
WGO
PII vs. WGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Polaris Industries Inc. (PII) and Winnebago Industries, Inc. (WGO). 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.
| PII | WGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.21 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.02 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | -0.17 | +1.34 |
| Martin ratioReturn relative to average drawdown | 3.37 | -0.33 | +3.70 |
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Drawdowns
PII vs. WGO - Drawdown Comparison
The maximum PII drawdown since its inception was -77.57%, smaller than the maximum WGO drawdown of -91.48%. Use the drawdown chart below to compare losses from any high point for PII and WGO.
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Drawdown Indicators
| PII | WGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.57% | -91.48% | +13.91% |
Max Drawdown (1Y)Largest decline over 1 year | -34.21% | -44.04% | +9.83% |
Max Drawdown (3Y)Largest decline over 3 years | -75.23% | -60.53% | -14.70% |
Max Drawdown (5Y)Largest decline over 5 years | -75.23% | -61.01% | -14.22% |
Max Drawdown (10Y)Largest decline over 10 years | -75.62% | -67.12% | -8.50% |
Current DrawdownCurrent decline from peak | -45.79% | -61.64% | +15.85% |
Average DrawdownAverage peak-to-trough decline | -19.79% | -40.75% | +20.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.86% | 23.31% | -11.45% |
Volatility
PII vs. WGO - Volatility Comparison
The current volatility for Polaris Industries Inc. (PII) is 12.16%, while Winnebago Industries, Inc. (WGO) has a volatility of 16.58%. This indicates that PII experiences smaller price fluctuations and is considered to be less risky than WGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PII | WGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.16% | 16.58% | -4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 38.35% | 29.62% | +8.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.59% | 52.74% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.00% | 44.78% | -1.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.83% | 48.93% | -6.10% |
Dividends
PII vs. WGO - Dividend Comparison
PII's dividend yield for the trailing twelve months is around 4.03%, less than WGO's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PII Polaris Industries Inc. | 4.03% | 4.24% | 4.58% | 2.74% | 2.53% | 2.29% | 2.60% | 2.40% | 3.13% | 1.87% | 2.67% | 2.47% |
WGO Winnebago Industries, Inc. | 4.74% | 3.38% | 2.66% | 1.54% | 1.54% | 0.72% | 0.75% | 0.83% | 1.65% | 0.72% | 1.26% | 1.86% |
Financials
PII vs. WGO - Financials Comparison
This section allows you to compare key financial metrics between Polaris Industries Inc. and Winnebago Industries, 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
PII vs. WGO - Profitability Comparison
PII - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Polaris Industries Inc. reported a gross profit of 334.80M and revenue of 1.66B. Therefore, the gross margin over that period was 20.2%.
WGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Winnebago Industries, Inc. reported a gross profit of 94.90M and revenue of 698.70M. Therefore, the gross margin over that period was 13.6%.
PII - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Polaris Industries Inc. reported an operating income of -55.20M and revenue of 1.66B, resulting in an operating margin of -3.3%.
WGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Winnebago Industries, Inc. reported an operating income of 23.00M and revenue of 698.70M, resulting in an operating margin of 3.3%.
PII - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Polaris Industries Inc. reported a net income of -47.40M and revenue of 1.66B, resulting in a net margin of -2.9%.
WGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Winnebago Industries, Inc. reported a net income of 14.50M and revenue of 698.70M, resulting in a net margin of 2.1%.
Frequently Asked Questions
PII and WGO have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WGO has higher volatility (16.58%) compared to PII (12.16%). In terms of maximum drawdown, PII dropped -77.57% vs WGO's -91.48%.
PII currently has the higher Sharpe Ratio (0.72 vs -0.15), 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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