THO vs. WGO
THO (Thor Industries, Inc.) and WGO (Winnebago Industries, Inc.) are both stocks. Both operate in the Recreational Vehicles industry within the Consumer Cyclical sector. Over the past 10 years, THO returned 3.82%/yr vs 3.79%/yr for WGO. At a 0.47 correlation, their price movements are largely independent.
Performance
THO vs. WGO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, THO achieves a -25.61% return, which is significantly higher than WGO's -30.62% return. Both investments have delivered pretty close results over the past 10 years, with THO having a 3.82% annualized return and WGO not far behind at 3.79%.
THO
- 1D
- 3.62%
- 1M
- -1.97%
- YTD
- -25.61%
- 6M
- -28.19%
- 1Y
- -11.93%
- 3Y*
- -5.21%
- 5Y*
- -5.59%
- 10Y*
- 3.82%
WGO
- 1D
- -3.57%
- 1M
- -7.30%
- YTD
- -30.62%
- 6M
- -33.99%
- 1Y
- -9.37%
- 3Y*
- -21.02%
- 5Y*
- -14.90%
- 10Y*
- 3.79%
THO vs. WGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THO Thor Industries, Inc. | -25.61% | 9.74% | -17.90% | 59.77% | -25.57% | 13.26% | 27.97% | 46.47% | -64.79% | 52.43% |
WGO Winnebago Industries, Inc. | -30.62% | -11.86% | -33.08% | 40.87% | -28.69% | 25.97% | 14.19% | 121.91% | -56.04% | 77.77% |
Correlation
The correlation between THO and WGO is 0.76, 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 | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.80 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.47 |
Over the past year, THO and WGO have become more correlated (0.76) than their long-term average of 0.47, meaning their price movements have been converging.
Fundamentals
THO:
$3.96B
WGO:
$777.20M
THO:
$4.93
WGO:
$1.47
THO:
15.31
WGO:
18.57
THO:
0.41
WGO:
0.27
THO:
0.92
WGO:
0.38
THO:
$9.82B
WGO:
$2.91B
THO:
$1.21B
WGO:
$379.80M
THO:
$489.04M
WGO:
$121.70M
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
THO vs. WGO — Risk / Return Rank
THO
WGO
THO vs. WGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thor Industries, Inc. (THO) and Winnebago Industries, Inc. (WGO). 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.
| THO | WGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.01 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.21 | -0.09 |
| Martin ratioReturn relative to average drawdown | -0.60 | -0.43 | -0.17 |
Loading charts...
Drawdowns
THO vs. WGO - Drawdown Comparison
The maximum THO drawdown since its inception was -79.55%, smaller than the maximum WGO drawdown of -91.48%. Use the drawdown chart below to compare losses from any high point for THO and WGO.
Loading charts...
Drawdown Indicators
| THO | WGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.55% | -91.48% | +11.93% |
Max Drawdown (1Y)Largest decline over 1 year | -39.83% | -44.04% | +4.21% |
Max Drawdown (3Y)Largest decline over 3 years | -48.40% | -60.53% | +12.13% |
Max Drawdown (5Y)Largest decline over 5 years | -48.40% | -61.01% | +12.61% |
Max Drawdown (10Y)Largest decline over 10 years | -76.94% | -67.12% | -9.82% |
Current DrawdownCurrent decline from peak | -44.85% | -64.61% | +19.76% |
Average DrawdownAverage peak-to-trough decline | -24.17% | -40.73% | +16.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.08% | 21.85% | -1.77% |
Volatility
THO vs. WGO - Volatility Comparison
Thor Industries, Inc. (THO) has a higher volatility of 12.03% compared to Winnebago Industries, Inc. (WGO) at 9.95%. This indicates that THO's price experiences larger fluctuations and is considered to be riskier than WGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| THO | WGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.03% | 9.95% | +2.08% |
Volatility (6M)Calculated over the trailing 6-month period | 27.61% | 27.17% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.17% | 52.26% | -14.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.93% | 44.42% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.36% | 48.73% | -4.37% |
Dividends
THO vs. WGO - Dividend Comparison
THO's dividend yield for the trailing twelve months is around 2.73%, less than WGO's 5.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THO Thor Industries, Inc. | 2.73% | 1.97% | 1.53% | 1.57% | 2.33% | 1.62% | 1.74% | 2.13% | 2.92% | 0.93% | 1.26% | 2.03% |
WGO Winnebago Industries, Inc. | 5.13% | 3.38% | 2.66% | 1.54% | 1.54% | 0.72% | 0.75% | 0.83% | 1.65% | 0.72% | 1.26% | 1.86% |
Financials
THO vs. WGO - Financials Comparison
This section allows you to compare key financial metrics between Thor Industries, Inc. and Winnebago Industries, 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
THO vs. WGO - Profitability Comparison
THO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Thor Industries, Inc. reported a gross profit of 354.77M and revenue of 2.78B. Therefore, the gross margin over that period was 12.8%.
WGO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Winnebago Industries, Inc. reported a gross profit of 85.60M and revenue of 657.40M. Therefore, the gross margin over that period was 13.0%.
THO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Thor Industries, Inc. reported an operating income of 96.02M and revenue of 2.78B, resulting in an operating margin of 3.5%.
WGO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Winnebago Industries, Inc. reported an operating income of 11.80M and revenue of 657.40M, resulting in an operating margin of 1.8%.
THO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Thor Industries, Inc. reported a net income of 95.54M and revenue of 2.78B, resulting in a net margin of 3.4%.
WGO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Winnebago Industries, Inc. reported a net income of 4.80M and revenue of 657.40M, resulting in a net margin of 0.7%.
Frequently Asked Questions
THO and WGO have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THO has higher volatility (12.03%) compared to WGO (9.95%). In terms of maximum drawdown, THO dropped -79.55% vs WGO's -91.48%.
WGO currently has the higher Sharpe Ratio (-0.18 vs -0.31), 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 THO and WGO
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