RGR vs. SWBI

Last updated Jun 3, 2026

RGR (Sturm, Ruger & Company, Inc.) and SWBI (Smith & Wesson Brands, Inc.) are both stocks. Both operate in the Aerospace & Defense industry within the Industrials sector. Over the past 10 years, RGR returned -1.10%/yr vs 0.62%/yr for SWBI. At a 0.41 correlation, their price movements are largely independent.

Performance

RGR vs. SWBI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sturm, Ruger & Company, Inc. (RGR) and Smith & Wesson Brands, Inc. (SWBI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RGR achieves a 19.54% return, which is significantly lower than SWBI's 56.57% return. Over the past 10 years, RGR has underperformed SWBI with an annualized return of -1.10%, while SWBI has yielded a comparatively higher 0.62% annualized return.

RGR

• 1D: -0.26%
• 1M: -9.76%
• YTD: 19.54%
• 6M: 27.80%
• 1Y: 10.47%
• 3Y*: -8.30%
• 5Y*: -9.66%
• 10Y*: -1.10%

SWBI

• 1D: 1.12%
• 1M: -1.67%
• YTD: 56.57%
• 6M: 79.43%
• 1Y: 71.64%
• 3Y*: 12.92%
• 5Y*: -3.50%
• 10Y*: 0.62%

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

RGR vs. SWBI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGR Sturm, Ruger & Company, Inc.	19.54%	-6.13%	-20.91%	-8.04%	-15.41%	9.30%	50.28%	-10.14%	-2.84%	8.65%
SWBI Smith & Wesson Brands, Inc.	56.57%	3.12%	-22.59%	62.17%	-49.58%	1.64%	150.33%	-27.84%	0.16%	-39.09%

Correlation

The correlation between RGR and SWBI is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.68
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 18, 1999	0.41

Over the past year, RGR and SWBI have become more correlated (0.71) than their long-term average of 0.41, meaning their price movements have been converging.

Fundamentals

Market Cap RGR : $631.05M SWBI : $686.27M
EPS RGR : -$0.73 SWBI : $0.27
PS Ratio RGR : 1.15 SWBI : 1.40
PB Ratio RGR : 2.23 SWBI : 1.89
Total Revenue (TTM) RGR : $551.68M SWBI : $486.22M
Gross Profit (TTM) RGR : $79.33M SWBI : $128.56M
EBITDA (TTM) RGR : -$2.50M SWBI : $21.91M

Return for Risk

RGR vs. SWBI — Risk / Return Rank

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

RGR

RGR Risk / Return Rank: 46
RGR Sharpe Ratio Rank: 50
RGR Sortino Ratio Rank: 43
RGR Omega Ratio Rank: 46
RGR Calmar Ratio Rank: 45
RGR Martin Ratio Rank: 45

SWBI

SWBI Risk / Return Rank: 81
SWBI Sharpe Ratio Rank: 82
SWBI Sortino Ratio Rank: 81
SWBI Omega Ratio Rank: 87
SWBI Calmar Ratio Rank: 78
SWBI Martin Ratio Rank: 76

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.

RGR vs. SWBI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sturm, Ruger & Company, Inc. (RGR) and Smith & Wesson Brands, Inc. (SWBI). 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.

	RGR	SWBI	Difference
Sharpe ratio Return per unit of total volatility	0.30	1.59	-1.29
Sortino ratio Return per unit of downside risk	0.59	2.43	-1.84
Omega ratio Gain probability vs. loss probability	1.09	1.39	-0.30
Calmar ratio Return relative to maximum drawdown	0.22	2.49	-2.27
Martin ratio Return relative to average drawdown	0.49	5.39	-4.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGR vs. SWBI - Sharpe Ratio Comparison

The current RGR Sharpe Ratio is 0.30, which is lower than the SWBI Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of RGR and SWBI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RGR	SWBI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.30	1.59	-1.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	-0.07	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	0.01	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	0.16	+0.05

Drawdowns

RGR vs. SWBI - Drawdown Comparison

The maximum RGR drawdown since its inception was -79.69%, smaller than the maximum SWBI drawdown of -96.15%. Use the drawdown chart below to compare losses from any high point for RGR and SWBI.

Drawdown Indicators

	RGR	SWBI	Difference
Max Drawdown Largest peak-to-trough decline	-79.69%	-96.15%	+16.46%
Max Drawdown (1Y) Largest decline over 1 year	-38.79%	-27.81%	-10.98%
Max Drawdown (3Y) Largest decline over 3 years	-46.00%	-54.24%	+8.24%
Max Drawdown (5Y) Largest decline over 5 years	-60.59%	-75.38%	+14.79%
Max Drawdown (10Y) Largest decline over 10 years	-60.59%	-81.49%	+20.90%
Current Drawdown Current decline from peak	-46.60%	-48.18%	+1.58%
Average Drawdown Average peak-to-trough decline	-31.95%	-49.48%	+17.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.43%	12.81%	+4.62%

Volatility

RGR vs. SWBI - Volatility Comparison

Sturm, Ruger & Company, Inc. (RGR) has a higher volatility of 9.67% compared to Smith & Wesson Brands, Inc. (SWBI) at 7.50%. This indicates that RGR's price experiences larger fluctuations and is considered to be riskier than SWBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGR	SWBI	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.67%	7.50%	+2.17%
Volatility (6M) Calculated over the trailing 6-month period	19.88%	31.52%	-11.64%
Volatility (1Y) Calculated over the trailing 1-year period	35.39%	45.45%	-10.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.35%	47.71%	-17.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.17%	51.72%	-18.55%

Dividends

RGR vs. SWBI - Dividend Comparison

RGR's dividend yield for the trailing twelve months is around 1.00%, less than SWBI's 3.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RGR Sturm, Ruger & Company, Inc.	1.00%	1.90%	1.95%	2.79%	14.66%	4.94%	10.00%	1.74%	2.07%	2.44%	3.28%	1.85%
SWBI Smith & Wesson Brands, Inc.	3.40%	5.27%	5.05%	3.39%	4.38%	1.63%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

RGR vs. SWBI - Profitability Comparison

The chart below illustrates the profitability comparison between Sturm, Ruger & Company, Inc. and Smith & Wesson Brands, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

RGR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported a gross profit of 28.08M and revenue of 141.36M. Therefore, the gross margin over that period was 19.9%.

SWBI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a gross profit of 35.59M and revenue of 135.71M. Therefore, the gross margin over that period was 26.2%.

RGR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported an operating income of -1.95M and revenue of 141.36M, resulting in an operating margin of -1.4%.

SWBI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported an operating income of 6.71M and revenue of 135.71M, resulting in an operating margin of 5.0%.

RGR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sturm, Ruger & Company, Inc. reported a net income of 128.00K and revenue of 141.36M, resulting in a net margin of 0.1%.

SWBI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Smith & Wesson Brands, Inc. reported a net income of 3.75M and revenue of 135.71M, resulting in a net margin of 2.8%.

Frequently Asked Questions

Can I hold both RGR and SWBI in my portfolio?

RGR and SWBI have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RGR or SWBI?

RGR has higher volatility (9.67%) compared to SWBI (7.50%). In terms of maximum drawdown, RGR dropped -79.69% vs SWBI's -96.15%.

Which has better risk-adjusted returns?

SWBI currently has the higher Sharpe Ratio (1.59 vs 0.30), 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.