TGLS vs. GFF
TGLS (Tecnoglass Inc.) and GFF (Griffon Corporation) are both stocks. TGLS operates in Building Materials (Basic Materials), while GFF operates in Tools & Accessories (Industrials). Over the past 10 years, TGLS returned 18.58%/yr vs 22.60%/yr for GFF. At a 0.28 correlation, their price movements are largely independent.
Performance
TGLS vs. GFF - Performance Comparison
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Returns By Period
In the year-to-date period, TGLS achieves a -7.93% return, which is significantly lower than GFF's 22.04% return. Over the past 10 years, TGLS has underperformed GFF with an annualized return of 18.58%, while GFF has yielded a comparatively higher 22.60% annualized return.
TGLS
- 1D
- 0.44%
- 1M
- 12.17%
- YTD
- -7.93%
- 6M
- -8.78%
- 1Y
- -36.49%
- 3Y*
- -0.59%
- 5Y*
- 19.64%
- 10Y*
- 18.58%
GFF
- 1D
- -1.87%
- 1M
- 5.62%
- YTD
- 22.04%
- 6M
- 17.24%
- 1Y
- 31.74%
- 3Y*
- 35.03%
- 5Y*
- 33.30%
- 10Y*
- 22.60%
TGLS vs. GFF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TGLS Tecnoglass Inc. | -7.93% | -35.98% | 74.88% | 49.86% | 18.91% | 281.83% | -14.53% | 10.03% | 15.12% | -36.04% |
GFF Griffon Corporation | 22.04% | 4.42% | 17.97% | 83.96% | 36.91% | 41.60% | 1.83% | 97.74% | -44.92% | -21.43% |
Correlation
The correlation between TGLS and GFF is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 10, 2012 | 0.28 |
Over the past year, TGLS and GFF have become more correlated (0.54) than their long-term average of 0.28, meaning their price movements have been converging.
Fundamentals
TGLS:
$2.06B
GFF:
$4.09B
TGLS:
$3.24
GFF:
$0.76
TGLS:
14.26
GFF:
118.37
TGLS:
0.42
GFF:
1.53
TGLS:
2.11
GFF:
1.76
TGLS:
2.80
GFF:
43.26
TGLS:
$1.01B
GFF:
$2.35B
TGLS:
$419.72M
GFF:
$1.00B
TGLS:
$251.16M
GFF:
$245.38M
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Return for Risk
TGLS vs. GFF — Risk / Return Rank
TGLS
GFF
TGLS vs. GFF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tecnoglass Inc. (TGLS) and Griffon Corporation (GFF). 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.
| TGLS | GFF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.64 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.18 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 1.14 | -1.82 |
| Martin ratioReturn relative to average drawdown | -1.02 | 3.00 | -4.02 |
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Drawdowns
TGLS vs. GFF - Drawdown Comparison
The maximum TGLS drawdown since its inception was -81.32%, smaller than the maximum GFF drawdown of -96.84%. Use the drawdown chart below to compare losses from any high point for TGLS and GFF.
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Drawdown Indicators
| TGLS | GFF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.32% | -96.84% | +15.52% |
Max Drawdown (1Y)Largest decline over 1 year | -53.83% | -27.85% | -25.98% |
Max Drawdown (3Y)Largest decline over 3 years | -56.55% | -27.85% | -28.70% |
Max Drawdown (5Y)Largest decline over 5 years | -56.55% | -39.02% | -17.53% |
Max Drawdown (10Y)Largest decline over 10 years | -77.98% | -61.32% | -16.66% |
Current DrawdownCurrent decline from peak | -47.23% | -6.16% | -41.07% |
Average DrawdownAverage peak-to-trough decline | -23.05% | -55.45% | +32.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.70% | 10.62% | +25.08% |
Volatility
TGLS vs. GFF - Volatility Comparison
The current volatility for Tecnoglass Inc. (TGLS) is 8.81%, while Griffon Corporation (GFF) has a volatility of 11.76%. This indicates that TGLS experiences smaller price fluctuations and is considered to be less risky than GFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TGLS | GFF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.81% | 11.76% | -2.95% |
Volatility (6M)Calculated over the trailing 6-month period | 30.07% | 26.63% | +3.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.19% | 36.66% | +2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 53.35% | 41.30% | +12.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.27% | 45.43% | +8.84% |
Dividends
TGLS vs. GFF - Dividend Comparison
TGLS's dividend yield for the trailing twelve months is around 1.30%, more than GFF's 0.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFF Griffon Corporation | 0.94% | 1.03% | 0.88% | 4.10% | 6.62% | 1.16% | 1.50% | 1.44% | 12.27% | 1.23% | 0.80% | 0.96% |
TGLS Tecnoglass Inc. | 1.30% | 1.19% | 0.61% | 0.79% | 0.91% | 0.56% | 1.59% | 6.79% | 5.20% | 7.21% | 2.04% | 0.00% |
Financials
TGLS vs. GFF - Financials Comparison
This section allows you to compare key financial metrics between Tecnoglass Inc. and Griffon Corporation. 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
TGLS vs. GFF - Profitability Comparison
TGLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported a gross profit of 95.83M and revenue of 249.01M. Therefore, the gross margin over that period was 38.5%.
GFF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a gross profit of 191.99M and revenue of 421.86M. Therefore, the gross margin over that period was 45.5%.
TGLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported an operating income of 44.94M and revenue of 249.01M, resulting in an operating margin of 18.1%.
GFF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported an operating income of 87.35M and revenue of 421.86M, resulting in an operating margin of 20.7%.
TGLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tecnoglass Inc. reported a net income of 31.89M and revenue of 249.01M, resulting in a net margin of 12.8%.
GFF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Griffon Corporation reported a net income of 46.94M and revenue of 421.86M, resulting in a net margin of 11.1%.
Frequently Asked Questions
TGLS and GFF have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GFF has higher volatility (11.76%) compared to TGLS (8.81%). In terms of maximum drawdown, TGLS dropped -81.32% vs GFF's -96.84%.
GFF currently has the higher Sharpe Ratio (0.87 vs -0.94), 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.
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