TOYO vs. CAT

Last updated Jun 4, 2026

TOYO (TOYO Co., Ltd) and CAT (Caterpillar Inc.) are both stocks. TOYO operates in Solar (Technology), while CAT operates in Farm & Heavy Construction Machinery (Industrials). Over the past year, TOYO returned 380.99% vs 167.95% for CAT. At a 0.13 correlation, their price movements are largely independent.

Performance

TOYO vs. CAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TOYO Co., Ltd (TOYO) and Caterpillar Inc. (CAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TOYO achieves a 180.72% return, which is significantly higher than CAT's 62.36% return.

TOYO

• 1D: -1.67%
• 1M: 41.44%
• YTD: 180.72%
• 6M: 157.43%
• 1Y: 380.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CAT

• 1D: 1.80%
• 1M: 5.88%
• YTD: 62.36%
• 6M: 57.25%
• 1Y: 167.95%
• 3Y*: 62.31%
• 5Y*: 32.93%
• 10Y*: 31.52%

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

TOYO vs. CAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TOYO TOYO Co., Ltd	180.72%	73.37%	-20.28%
CAT Caterpillar Inc.	62.36%	60.30%	11.08%

Correlation

The correlation between TOYO and CAT is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jul 2, 2024	0.13

Fundamentals

EPS TOYO : $0.72 CAT : $20.07
PE Ratio TOYO : 22.93 CAT : 46.14
PEG Ratio TOYO : 0.17 CAT : 3.05
PS Ratio TOYO : 3.15 CAT : 6.14
Total Revenue (TTM) TOYO : $177.98M CAT : $70.76B
Gross Profit (TTM) TOYO : $18.34M CAT : $23.01B
EBITDA (TTM) TOYO : $19.98M CAT : $15.31B

Return for Risk

TOYO vs. CAT — Risk / Return Rank

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

TOYO

TOYO Risk / Return Rank: 96
TOYO Sharpe Ratio Rank: 98
TOYO Sortino Ratio Rank: 94
TOYO Omega Ratio Rank: 93
TOYO Calmar Ratio Rank: 98
TOYO Martin Ratio Rank: 97

CAT

CAT Risk / Return Rank: 98
CAT Sharpe Ratio Rank: 98
CAT Sortino Ratio Rank: 98
CAT Omega Ratio Rank: 97
CAT Calmar Ratio Rank: 98
CAT Martin Ratio Rank: 99

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.

TOYO vs. CAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TOYO Co., Ltd (TOYO) and Caterpillar Inc. (CAT). 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.

	TOYO	CAT	Difference
Sharpe ratio: Return per unit of total volatility	4.74	4.98	-0.23
Sortino ratio: Return per unit of downside risk	4.01	5.68	-1.67
Omega ratio: Gain probability vs. loss probability	1.50	1.72	-0.22
Calmar ratio: Return relative to maximum drawdown	13.61	12.18	+1.44
Martin ratio: Return relative to average drawdown	26.81	40.49	-13.69
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TOYO vs. CAT - Sharpe Ratio Comparison

The current TOYO Sharpe Ratio is 4.74, which is comparable to the CAT Sharpe Ratio of 4.98. The chart below compares the historical Sharpe Ratios of TOYO and CAT, 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

	TOYO	CAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.74	4.98	-0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.02	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.35	+0.45

Drawdowns

TOYO vs. CAT - Drawdown Comparison

The maximum TOYO drawdown since its inception was -63.44%, smaller than the maximum CAT drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for TOYO and CAT.

Drawdown Indicators

	TOYO	CAT	Difference
Max Drawdown Largest peak-to-trough decline	-63.44%	-73.43%	+9.99%
Max Drawdown (1Y) Largest decline over 1 year	-28.21%	-13.88%	-14.33%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.05%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-43.36%	—
Current Drawdown Current decline from peak	-1.67%	-0.08%	-1.59%
Average Drawdown Average peak-to-trough decline	-29.14%	-19.74%	-9.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	14.30%	4.17%	+10.13%

Volatility

TOYO vs. CAT - Volatility Comparison

TOYO Co., Ltd (TOYO) has a higher volatility of 35.66% compared to Caterpillar Inc. (CAT) at 11.17%. This indicates that TOYO's price experiences larger fluctuations and is considered to be riskier than CAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TOYO	CAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	35.66%	11.17%	+24.49%
Volatility (6M) Calculated over the trailing 6-month period	61.79%	27.09%	+34.70%
Volatility (1Y) Calculated over the trailing 1-year period	80.98%	33.97%	+47.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	128.04%	30.62%	+97.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	128.04%	30.86%	+97.18%

Dividends

TOYO vs. CAT - Dividend Comparison

TOYO has not paid dividends to shareholders, while CAT's dividend yield for the trailing twelve months is around 0.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CAT Caterpillar Inc.	0.65%	1.02%	1.49%	1.69%	1.93%	2.07%	2.26%	2.56%	2.58%	1.97%	3.32%	4.33%
TOYO TOYO Co., Ltd	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both TOYO and CAT in my portfolio?

TOYO and CAT have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TOYO or CAT?

TOYO has higher volatility (35.66%) compared to CAT (11.17%). In terms of maximum drawdown, TOYO dropped -63.44% vs CAT's -73.43%.

Which has better risk-adjusted returns?

CAT currently has the higher Sharpe Ratio (4.98 vs 4.74), 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.