SW vs. LPG

Last updated Jun 4, 2026

SW (Smurfit WestRock PLC) and LPG (Dorian LPG Ltd.) are both stocks. SW operates in Packaging & Containers (Consumer Cyclical), while LPG operates in Oil & Gas Midstream (Energy). Over the past year, SW returned 2.65% vs 104.97% for LPG. At a 0.18 correlation, their price movements are largely independent.

Performance

SW vs. LPG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Smurfit WestRock PLC (SW) and Dorian LPG Ltd. (LPG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SW achieves a 11.14% return, which is significantly lower than LPG's 75.50% return.

SW

• 1D: -0.28%
• 1M: 12.20%
• YTD: 11.14%
• 6M: 18.99%
• 1Y: 2.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LPG

• 1D: -0.32%
• 1M: 6.05%
• YTD: 75.50%
• 6M: 70.94%
• 1Y: 104.97%
• 3Y*: 32.72%
• 5Y*: 45.87%
• 10Y*: 26.56%

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

SW vs. LPG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SW Smurfit WestRock PLC	11.14%	-25.31%	18.10%
LPG Dorian LPG Ltd.	75.50%	9.75%	-37.75%

Correlation

The correlation between SW and LPG is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (All Time) Calculated using the full available price history since Jul 9, 2024	0.18

Fundamentals

EPS SW : $0.93 LPG : $4.54
PE Ratio SW : 45.23 LPG : 8.98
PS Ratio SW : 0.58 LPG : 3.61
Total Revenue (TTM) SW : $28.91B LPG : $481.51M
Gross Profit (TTM) SW : $5.30B LPG : $415.02M
EBITDA (TTM) SW : $3.32B LPG : $279.22M

Return for Risk

SW vs. LPG — Risk / Return Rank

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

SW

SW Risk / Return Rank: 41
SW Sharpe Ratio Rank: 43
SW Sortino Ratio Rank: 40
SW Omega Ratio Rank: 39
SW Calmar Ratio Rank: 42
SW Martin Ratio Rank: 42

LPG

LPG Risk / Return Rank: 89
LPG Sharpe Ratio Rank: 92
LPG Sortino Ratio Rank: 90
LPG Omega Ratio Rank: 88
LPG Calmar Ratio Rank: 88
LPG Martin Ratio Rank: 85

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.

SW vs. LPG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Smurfit WestRock PLC (SW) and Dorian LPG Ltd. (LPG). 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.

	SW	LPG	Difference
Sharpe ratio Return per unit of total volatility	0.07	2.67	-2.60
Sortino ratio Return per unit of downside risk	0.39	3.27	-2.88
Omega ratio Gain probability vs. loss probability	1.05	1.41	-0.36
Calmar ratio Return relative to maximum drawdown	0.08	4.22	-4.14
Martin ratio Return relative to average drawdown	0.16	9.15	-8.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SW vs. LPG - Sharpe Ratio Comparison

The current SW Sharpe Ratio is 0.07, which is lower than the LPG Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of SW and LPG, 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

	SW	LPG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.07	2.67	-2.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.06	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.03	0.30	-0.33

Drawdowns

SW vs. LPG - Drawdown Comparison

The maximum SW drawdown since its inception was -39.78%, smaller than the maximum LPG drawdown of -78.31%. Use the drawdown chart below to compare losses from any high point for SW and LPG.

Drawdown Indicators

	SW	LPG	Difference
Max Drawdown Largest peak-to-trough decline	-39.78%	-78.31%	+38.53%
Max Drawdown (1Y) Largest decline over 1 year	-31.37%	-24.99%	-6.38%
Max Drawdown (3Y) Largest decline over 3 years	—	-62.89%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-62.89%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-62.89%	—
Current Drawdown Current decline from peak	-21.07%	-14.56%	-6.51%
Average Drawdown Average peak-to-trough decline	-17.32%	-42.77%	+25.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.68%	11.51%	+5.17%

Volatility

SW vs. LPG - Volatility Comparison

The current volatility for Smurfit WestRock PLC (SW) is 12.41%, while Dorian LPG Ltd. (LPG) has a volatility of 16.61%. This indicates that SW experiences smaller price fluctuations and is considered to be less risky than LPG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SW	LPG	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.41%	16.61%	-4.20%
Volatility (6M) Calculated over the trailing 6-month period	31.22%	30.16%	+1.06%
Volatility (1Y) Calculated over the trailing 1-year period	40.37%	39.59%	+0.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.47%	43.40%	-2.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.47%	48.33%	-7.86%

Dividends

SW vs. LPG - Dividend Comparison

SW's dividend yield for the trailing twelve months is around 4.19%, less than LPG's 7.24% yield.

Position	TTM	2025	2024	2023	2022	2021
LPG Dorian LPG Ltd.	7.24%	10.07%	16.41%	9.12%	29.02%	7.88%
SW Smurfit WestRock PLC	4.19%	4.46%	1.12%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both SW and LPG in my portfolio?

SW and LPG have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SW or LPG?

LPG has higher volatility (16.61%) compared to SW (12.41%). In terms of maximum drawdown, SW dropped -39.78% vs LPG's -78.31%.

Which has better risk-adjusted returns?

LPG currently has the higher Sharpe Ratio (2.67 vs 0.07), 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.