PRMW vs. IEX

Last updated Jun 5, 2026

PRMW (Primo Water Corporation) and IEX (IDEX Corporation) are both stocks. PRMW operates in Beverages - Non-Alcoholic (Consumer Defensive), while IEX operates in Specialty Industrial Machinery (Industrials). At a 0.30 correlation, their price movements are largely independent.

Performance

PRMW vs. IEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Primo Water Corporation (PRMW) and IDEX Corporation (IEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRMW

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

IEX

• 1D: -0.43%
• 1M: -0.95%
• YTD: 21.90%
• 6M: 22.17%
• 1Y: 21.30%
• 3Y*: 3.07%
• 5Y*: 0.36%
• 10Y*: 10.99%

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

PRMW vs. IEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRMW Primo Water Corporation	0.00%	0.00%	68.33%	-0.95%	-10.13%	14.49%	16.59%	-0.09%	-15.03%	49.58%
IEX IDEX Corporation	21.90%	-13.69%	-2.35%	-3.80%	-2.22%	19.82%	17.22%	37.94%	-3.16%	48.53%

Correlation

The correlation between PRMW and IEX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Nov 8, 2010	0.30

The correlation between PRMW and IEX shifts across timeframes, from 0.15 (3 years) to 0.32 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Total Revenue (TTM) PRMW : $1.90B IEX : $3.53B
Gross Profit (TTM) PRMW : $1.23B IEX : $1.57B
EBITDA (TTM) PRMW : $107.20M IEX : $885.40M

Return for Risk

PRMW vs. IEX — Risk / Return Rank

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

IEX

IEX Risk / Return Rank: 65
IEX Sharpe Ratio Rank: 68
IEX Sortino Ratio Rank: 61
IEX Omega Ratio Rank: 62
IEX Calmar Ratio Rank: 68
IEX Martin Ratio Rank: 65

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.

PRMW vs. IEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Primo Water Corporation (PRMW) and IDEX Corporation (IEX). 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

	PRMW	IEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.83	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.02	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.14	—

Drawdowns

Drawdown Indicators

	PRMW	IEX	Difference
Max Drawdown Largest peak-to-trough decline	—	-81.60%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-15.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.60%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.52%	—
Current Drawdown Current decline from peak	—	-9.56%	—
Average Drawdown Average peak-to-trough decline	—	-11.44%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.78%	—

Volatility

Volatility by Period

	PRMW	IEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	16.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	25.71%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	24.01%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	24.24%	—

Dividends

PRMW vs. IEX - Dividend Comparison

PRMW has not paid dividends to shareholders, while IEX's dividend yield for the trailing twelve months is around 1.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IEX IDEX Corporation	1.33%	1.58%	1.29%	1.16%	1.02%	0.90%	1.00%	1.12%	1.31%	1.10%	1.49%	1.62%
PRMW Primo Water Corporation	0.00%	0.00%	4.50%	2.13%	1.80%	1.77%	1.53%	1.75%	1.72%	1.44%	2.12%	2.18%

Financials

Frequently Asked Questions

Can I hold both PRMW and IEX in my portfolio?

PRMW and IEX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.