PLD vs. ITW
PLD (Prologis, Inc.) and ITW (Illinois Tool Works Inc.) are both stocks. PLD operates in REIT - Industrial (Real Estate), while ITW operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, PLD returned 14.79%/yr vs 11.91%/yr for ITW. At a 0.41 correlation, their price movements are largely independent.
Performance
PLD vs. ITW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PLD achieves a 17.45% return, which is significantly higher than ITW's 5.18% return. Over the past 10 years, PLD has outperformed ITW with an annualized return of 14.79%, while ITW has yielded a comparatively lower 11.91% annualized return.
PLD
- 1D
- 1.05%
- 1M
- 5.84%
- YTD
- 17.45%
- 6M
- 16.07%
- 1Y
- 43.46%
- 3Y*
- 10.48%
- 5Y*
- 6.57%
- 10Y*
- 14.79%
ITW
- 1D
- 1.17%
- 1M
- 3.94%
- YTD
- 5.18%
- 6M
- 1.05%
- 1Y
- 9.30%
- 3Y*
- 4.14%
- 5Y*
- 4.45%
- 10Y*
- 11.91%
PLD vs. ITW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLD Prologis, Inc. | 17.45% | 25.08% | -18.12% | 21.58% | -31.33% | 72.33% | 14.74% | 55.87% | -6.25% | 25.94% |
ITW Illinois Tool Works Inc. | 5.18% | -0.43% | -0.97% | 21.56% | -8.46% | 23.60% | 16.42% | 45.60% | -22.10% | 38.92% |
Correlation
The correlation between PLD and ITW is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Nov 21, 1997 | 0.41 |
The correlation between PLD and ITW shifts across timeframes, from 0.41 (all time) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PLD:
$3.88
ITW:
$14.33
PLD:
38.30
ITW:
17.96
PLD:
15.91
ITW:
3.47
PLD:
$8.95B
ITW:
$16.22B
PLD:
$3.88B
ITW:
$7.16B
PLD:
$7.71B
ITW:
$4.61B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PLD vs. ITW — Risk / Return Rank
PLD
ITW
PLD vs. ITW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prologis, Inc. (PLD) and Illinois Tool Works Inc. (ITW). 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.
| PLD | ITW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.08 | +0.26 |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | 0.42 | +3.98 |
| Martin ratioReturn relative to average drawdown | 14.61 | 0.92 | +13.69 |
Loading charts...
Drawdowns
PLD vs. ITW - Drawdown Comparison
The maximum PLD drawdown since its inception was -84.70%, which is greater than ITW's maximum drawdown of -54.90%. Use the drawdown chart below to compare losses from any high point for PLD and ITW.
Loading charts...
Drawdown Indicators
| PLD | ITW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -84.70% | -54.90% | -29.80% |
Max Drawdown (1Y)Largest decline over 1 year | -9.59% | -17.44% | +7.85% |
Max Drawdown (3Y)Largest decline over 3 years | -31.37% | -20.63% | -10.74% |
Max Drawdown (5Y)Largest decline over 5 years | -43.30% | -28.05% | -15.25% |
Max Drawdown (10Y)Largest decline over 10 years | -43.30% | -37.85% | -5.45% |
Current DrawdownCurrent decline from peak | -2.77% | -13.53% | +10.76% |
Average DrawdownAverage peak-to-trough decline | -17.36% | -9.84% | -7.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.89% | 7.95% | -5.06% |
Volatility
PLD vs. ITW - Volatility Comparison
Prologis, Inc. (PLD) has a higher volatility of 6.41% compared to Illinois Tool Works Inc. (ITW) at 4.87%. This indicates that PLD's price experiences larger fluctuations and is considered to be riskier than ITW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PLD | ITW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.41% | 4.87% | +1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 14.49% | 15.90% | -1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.46% | 20.53% | +0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.97% | 21.13% | +5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.00% | 23.82% | +3.18% |
Dividends
PLD vs. ITW - Dividend Comparison
PLD's dividend yield for the trailing twelve months is around 2.76%, more than ITW's 2.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITW Illinois Tool Works Inc. | 2.46% | 2.53% | 2.29% | 2.07% | 2.30% | 1.91% | 2.17% | 2.30% | 2.81% | 1.71% | 1.96% | 2.23% |
PLD Prologis, Inc. | 2.76% | 3.16% | 3.63% | 2.61% | 2.80% | 1.50% | 2.33% | 2.38% | 3.27% | 2.73% | 3.18% | 3.54% |
Financials
PLD vs. ITW - Financials Comparison
This section allows you to compare key financial metrics between Prologis, Inc. and Illinois Tool Works 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
PLD vs. ITW - Profitability Comparison
PLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported a gross profit of 232.54M and revenue of 2.30B. Therefore, the gross margin over that period was 10.1%.
ITW - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a gross profit of 1.76B and revenue of 4.02B. Therefore, the gross margin over that period was 43.8%.
PLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported an operating income of 827.03M and revenue of 2.30B, resulting in an operating margin of 36.0%.
ITW - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported an operating income of 1.02B and revenue of 4.02B, resulting in an operating margin of 25.4%.
PLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Prologis, Inc. reported a net income of 981.98M and revenue of 2.30B, resulting in a net margin of 42.7%.
ITW - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Illinois Tool Works Inc. reported a net income of 768.00M and revenue of 4.02B, resulting in a net margin of 19.1%.
Frequently Asked Questions
PLD and ITW have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLD has higher volatility (6.41%) compared to ITW (4.87%). In terms of maximum drawdown, PLD dropped -84.70% vs ITW's -54.90%.
PLD currently has the higher Sharpe Ratio (1.96 vs 0.36), 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.
Find the right allocation for PLD and ITW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer