SNA vs. PKG
SNA (Snap-on Incorporated) and PKG (Packaging Corporation of America) are both stocks. SNA operates in Tools & Accessories (Industrials), while PKG operates in Packaging & Containers (Consumer Cyclical). Over the past 10 years, SNA returned 12.03%/yr vs 15.57%/yr for PKG. At a 0.49 correlation, their price movements are largely independent.
Performance
SNA vs. PKG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SNA achieves a 11.92% return, which is significantly higher than PKG's 7.03% return. Over the past 10 years, SNA has underperformed PKG with an annualized return of 12.03%, while PKG has yielded a comparatively higher 15.57% annualized return.
SNA
- 1D
- 0.23%
- 1M
- 2.47%
- YTD
- 11.92%
- 6M
- 11.01%
- 1Y
- 21.60%
- 3Y*
- 15.48%
- 5Y*
- 12.15%
- 10Y*
- 12.03%
PKG
- 1D
- -1.52%
- 1M
- -2.30%
- YTD
- 7.03%
- 6M
- 12.85%
- 1Y
- 14.47%
- 3Y*
- 22.08%
- 5Y*
- 12.21%
- 10Y*
- 15.57%
SNA vs. PKG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNA Snap-on Incorporated | 11.92% | 4.28% | 20.67% | 29.70% | 8.91% | 28.83% | 4.03% | 19.54% | -14.86% | 3.64% |
PKG Packaging Corporation of America | 7.03% | -6.08% | 41.70% | 31.90% | -2.62% | 1.55% | 27.20% | 38.35% | -28.85% | 45.51% |
Correlation
The correlation between SNA and PKG is 0.51, 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 | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 28, 2000 | 0.49 |
The correlation between SNA and PKG has been stable across timeframes, ranging from 0.49 to 0.56 - a consistent structural relationship.
Fundamentals
SNA:
$20.06B
PKG:
$19.55B
SNA:
$19.35
PKG:
$8.25
SNA:
19.68
PKG:
26.58
SNA:
2.99
PKG:
35.03
SNA:
3.93
PKG:
2.14
SNA:
3.37
PKG:
4.26
SNA:
$5.12B
PKG:
$9.22B
SNA:
$2.63B
PKG:
$1.89B
SNA:
$1.47B
PKG:
$1.84B
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
SNA vs. PKG — Risk / Return Rank
SNA
PKG
SNA vs. PKG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Snap-on Incorporated (SNA) and Packaging Corporation of America (PKG). 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.
| SNA | PKG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.12 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 0.84 | +1.72 |
| Martin ratioReturn relative to average drawdown | 6.36 | 1.86 | +4.50 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| SNA | PKG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.54 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.48 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.57 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.47 | -0.06 |
Drawdowns
SNA vs. PKG - Drawdown Comparison
The maximum SNA drawdown since its inception was -65.76%, roughly equal to the maximum PKG drawdown of -66.88%. Use the drawdown chart below to compare losses from any high point for SNA and PKG.
Loading charts...
Drawdown Indicators
| SNA | PKG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.76% | -66.88% | +1.12% |
Max Drawdown (1Y)Largest decline over 1 year | -8.47% | -17.21% | +8.74% |
Max Drawdown (3Y)Largest decline over 3 years | -20.77% | -28.43% | +7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -20.77% | -31.78% | +11.01% |
Max Drawdown (10Y)Largest decline over 10 years | -47.38% | -38.18% | -9.20% |
Current DrawdownCurrent decline from peak | -1.92% | -10.39% | +8.47% |
Average DrawdownAverage peak-to-trough decline | -13.88% | -11.72% | -2.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 7.81% | -4.40% |
Volatility
SNA vs. PKG - Volatility Comparison
The current volatility for Snap-on Incorporated (SNA) is 4.71%, while Packaging Corporation of America (PKG) has a volatility of 8.19%. This indicates that SNA experiences smaller price fluctuations and is considered to be less risky than PKG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SNA | PKG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.71% | 8.19% | -3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 14.59% | 20.03% | -5.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.15% | 26.97% | -5.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.90% | 25.34% | -1.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.19% | 27.33% | -0.14% |
Dividends
SNA vs. PKG - Dividend Comparison
SNA's dividend yield for the trailing twelve months is around 2.49%, more than PKG's 2.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PKG Packaging Corporation of America | 2.28% | 2.42% | 2.22% | 3.07% | 3.71% | 2.94% | 2.44% | 2.82% | 3.59% | 2.09% | 2.78% | 3.49% |
SNA Snap-on Incorporated | 2.49% | 2.57% | 2.27% | 2.33% | 2.57% | 2.37% | 2.61% | 2.32% | 2.35% | 1.69% | 1.48% | 1.28% |
Financials
SNA vs. PKG - Financials Comparison
This section allows you to compare key financial metrics between Snap-on Incorporated and Packaging Corporation of America. 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
SNA vs. PKG - Profitability Comparison
SNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Snap-on Incorporated reported a gross profit of 608.30M and revenue of 1.21B. Therefore, the gross margin over that period was 50.4%.
PKG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Packaging Corporation of America reported a gross profit of 452.90M and revenue of 2.37B. Therefore, the gross margin over that period was 19.1%.
SNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Snap-on Incorporated reported an operating income of 250.80M and revenue of 1.21B, resulting in an operating margin of 20.8%.
PKG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Packaging Corporation of America reported an operating income of 272.60M and revenue of 2.37B, resulting in an operating margin of 11.5%.
SNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Snap-on Incorporated reported a net income of 247.00M and revenue of 1.21B, resulting in a net margin of 20.5%.
PKG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Packaging Corporation of America reported a net income of 170.90M and revenue of 2.37B, resulting in a net margin of 7.2%.
Frequently Asked Questions
SNA and PKG have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PKG has higher volatility (8.19%) compared to SNA (4.71%). In terms of maximum drawdown, SNA dropped -65.76% vs PKG's -66.88%.
SNA currently has the higher Sharpe Ratio (1.03 vs 0.54), 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 SNA and PKG
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