THO vs. HOG
THO (Thor Industries, Inc.) and HOG (Harley-Davidson, Inc.) are both stocks. Both operate in the Recreational Vehicles industry within the Consumer Cyclical sector. Over the past 10 years, THO returned 4.19%/yr vs -3.87%/yr for HOG. At a 0.37 correlation, their price movements are largely independent.
Performance
THO vs. HOG - Performance Comparison
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Returns By Period
In the year-to-date period, THO achieves a -21.40% return, which is significantly lower than HOG's 19.60% return. Over the past 10 years, THO has outperformed HOG with an annualized return of 4.19%, while HOG has yielded a comparatively lower -3.87% annualized return.
THO
- 1D
- 2.86%
- 1M
- 8.19%
- YTD
- -21.40%
- 6M
- -19.11%
- 1Y
- -1.05%
- 3Y*
- 1.18%
- 5Y*
- -5.54%
- 10Y*
- 4.19%
HOG
- 1D
- -1.54%
- 1M
- 4.48%
- YTD
- 19.60%
- 6M
- 1.12%
- 1Y
- 1.54%
- 3Y*
- -7.57%
- 5Y*
- -10.95%
- 10Y*
- -3.87%
THO vs. HOG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THO Thor Industries, Inc. | -21.40% | 9.74% | -17.90% | 59.77% | -25.57% | 13.26% | 27.97% | 46.47% | -64.79% | 52.43% |
HOG Harley-Davidson, Inc. | 19.60% | -30.05% | -16.61% | -9.76% | 12.13% | 4.29% | 0.19% | 13.62% | -30.54% | -10.29% |
Correlation
The correlation between THO and HOG is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1987 | 0.37 |
The correlation between THO and HOG shifts across timeframes, from 0.37 (all time) to 0.62 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
THO:
$4.18B
HOG:
$2.69B
THO:
$4.93
HOG:
$1.96
THO:
16.17
HOG:
12.37
THO:
0.43
HOG:
0.91
THO:
$9.82B
HOG:
$3.14B
THO:
$1.21B
HOG:
$994.65M
THO:
$489.04M
HOG:
$386.96M
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Return for Risk
THO vs. HOG — Risk / Return Rank
THO
HOG
THO vs. HOG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thor Industries, Inc. (THO) and Harley-Davidson, Inc. (HOG). 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.
| THO | HOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.07 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.03 | 1.04 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.04 | -0.06 |
| Martin ratioReturn relative to average drawdown | -0.06 | 0.07 | -0.13 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| THO | HOG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.04 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.14 | -0.27 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.09 | -0.09 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.31 | +0.03 |
Drawdowns
THO vs. HOG - Drawdown Comparison
The maximum THO drawdown since its inception was -79.55%, smaller than the maximum HOG drawdown of -88.26%. Use the drawdown chart below to compare losses from any high point for THO and HOG.
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Drawdown Indicators
| THO | HOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.55% | -88.26% | +8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -39.66% | -43.24% | +3.58% |
Max Drawdown (3Y)Largest decline over 3 years | -48.40% | -58.74% | +10.34% |
Max Drawdown (5Y)Largest decline over 5 years | -48.40% | -64.11% | +15.71% |
Max Drawdown (10Y)Largest decline over 10 years | -76.94% | -73.28% | -3.66% |
Current DrawdownCurrent decline from peak | -41.73% | -56.06% | +14.33% |
Average DrawdownAverage peak-to-trough decline | -24.14% | -24.41% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.07% | 22.95% | -4.88% |
Volatility
THO vs. HOG - Volatility Comparison
The current volatility for Thor Industries, Inc. (THO) is 9.74%, while Harley-Davidson, Inc. (HOG) has a volatility of 15.11%. This indicates that THO experiences smaller price fluctuations and is considered to be less risky than HOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THO | HOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.74% | 15.11% | -5.37% |
Volatility (6M)Calculated over the trailing 6-month period | 28.24% | 27.68% | +0.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.41% | 40.70% | -3.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.78% | 40.39% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.31% | 43.02% | +1.29% |
Dividends
THO vs. HOG - Dividend Comparison
THO's dividend yield for the trailing twelve months is around 2.58%, more than HOG's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOG Harley-Davidson, Inc. | 2.26% | 3.51% | 2.29% | 1.79% | 1.51% | 1.59% | 1.20% | 4.03% | 4.34% | 2.87% | 2.40% | 2.73% |
THO Thor Industries, Inc. | 2.58% | 1.97% | 1.53% | 1.57% | 2.33% | 1.62% | 1.74% | 2.13% | 2.92% | 0.93% | 1.26% | 2.03% |
Financials
THO vs. HOG - Financials Comparison
This section allows you to compare key financial metrics between Thor Industries, Inc. and Harley-Davidson, Inc.. 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
Frequently Asked Questions
THO and HOG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HOG has higher volatility (15.11%) compared to THO (9.74%). In terms of maximum drawdown, THO dropped -79.55% vs HOG's -88.26%.
HOG currently has the higher Sharpe Ratio (0.04 vs -0.03), 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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