WERN vs. KNX
WERN (Werner Enterprises, Inc.) and KNX (Knight-Swift Transportation Holdings Inc.) are both stocks. Both operate in the Trucking industry within the Industrials sector. Over the past 10 years, WERN returned 8.01%/yr vs 12.58%/yr for KNX. A 0.57 correlation means they provide meaningful diversification when combined.
Performance
WERN vs. KNX - Performance Comparison
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Returns By Period
In the year-to-date period, WERN achieves a 44.67% return, which is significantly lower than KNX's 50.21% return. Over the past 10 years, WERN has underperformed KNX with an annualized return of 8.01%, while KNX has yielded a comparatively higher 12.58% annualized return.
WERN
- 1D
- 0.09%
- 1M
- 25.12%
- YTD
- 44.67%
- 6M
- 50.80%
- 1Y
- 63.43%
- 3Y*
- 0.47%
- 5Y*
- 0.23%
- 10Y*
- 8.01%
KNX
- 1D
- 0.84%
- 1M
- 25.96%
- YTD
- 50.21%
- 6M
- 55.37%
- 1Y
- 77.42%
- 3Y*
- 12.63%
- 5Y*
- 11.84%
- 10Y*
- 12.58%
WERN vs. KNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WERN Werner Enterprises, Inc. | 44.67% | -14.87% | -14.23% | 6.60% | -14.41% | 22.74% | 9.01% | 39.56% | -22.81% | 44.63% |
KNX Knight-Swift Transportation Holdings Inc. | 50.21% | 0.09% | -6.86% | 11.11% | -13.20% | 46.82% | 17.64% | 44.01% | -42.30% | 33.16% |
Correlation
The correlation between WERN and KNX is 0.77, 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 | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 1994 | 0.57 |
Over the past year, WERN and KNX have become more correlated (0.77) than their long-term average of 0.57, meaning their price movements have been converging.
Fundamentals
WERN:
$2.58B
KNX:
$12.77B
WERN:
-$0.14
KNX:
$0.21
WERN:
0.85
KNX:
1.70
WERN:
1.91
KNX:
1.81
WERN:
$3.07B
KNX:
$7.50B
WERN:
$624.38M
KNX:
$2.29B
WERN:
$320.29M
KNX:
$912.37M
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Return for Risk
WERN vs. KNX — Risk / Return Rank
WERN
KNX
WERN vs. KNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Werner Enterprises, Inc. (WERN) and Knight-Swift Transportation Holdings Inc. (KNX). 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.
| WERN | KNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.60 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 4.11 | -1.86 |
| Martin ratioReturn relative to average drawdown | 6.00 | 9.85 | -3.85 |
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
| WERN | KNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.61 | 1.99 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.36 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.37 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.28 | -0.07 |
Drawdowns
WERN vs. KNX - Drawdown Comparison
The maximum WERN drawdown since its inception was -60.01%, smaller than the maximum KNX drawdown of -67.93%. Use the drawdown chart below to compare losses from any high point for WERN and KNX.
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Drawdown Indicators
| WERN | KNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.01% | -67.93% | +7.92% |
Max Drawdown (1Y)Largest decline over 1 year | -28.28% | -18.91% | -9.37% |
Max Drawdown (3Y)Largest decline over 3 years | -49.07% | -35.85% | -13.22% |
Max Drawdown (5Y)Largest decline over 5 years | -51.12% | -38.04% | -13.08% |
Max Drawdown (10Y)Largest decline over 10 years | -51.12% | -51.57% | +0.45% |
Current DrawdownCurrent decline from peak | -8.33% | 0.00% | -8.33% |
Average DrawdownAverage peak-to-trough decline | -17.49% | -16.28% | -1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.61% | 7.89% | +2.72% |
Volatility
WERN vs. KNX - Volatility Comparison
The current volatility for Werner Enterprises, Inc. (WERN) is 11.46%, while Knight-Swift Transportation Holdings Inc. (KNX) has a volatility of 15.71%. This indicates that WERN experiences smaller price fluctuations and is considered to be less risky than KNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WERN | KNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.46% | 15.71% | -4.25% |
Volatility (6M)Calculated over the trailing 6-month period | 30.23% | 28.36% | +1.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.69% | 39.09% | +0.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.54% | 33.34% | -2.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.36% | 33.90% | -3.54% |
Dividends
WERN vs. KNX - Dividend Comparison
WERN's dividend yield for the trailing twelve months is around 1.30%, more than KNX's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KNX Knight-Swift Transportation Holdings Inc. | 0.95% | 1.38% | 1.21% | 0.97% | 0.92% | 0.62% | 0.77% | 0.67% | 0.96% | 0.55% | 0.73% | 0.99% |
WERN Werner Enterprises, Inc. | 1.30% | 1.87% | 1.17% | 1.30% | 1.27% | 0.97% | 1.15% | 11.05% | 1.15% | 0.70% | 0.89% | 0.94% |
Financials
WERN vs. KNX - Financials Comparison
This section allows you to compare key financial metrics between Werner Enterprises, Inc. and Knight-Swift Transportation Holdings 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
WERN vs. KNX - Profitability Comparison
WERN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Werner Enterprises, Inc. reported a gross profit of 446.50M and revenue of 808.61M. Therefore, the gross margin over that period was 55.2%.
KNX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported a gross profit of 611.56M and revenue of 1.85B. Therefore, the gross margin over that period was 33.1%.
WERN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Werner Enterprises, Inc. reported an operating income of 4.00M and revenue of 808.61M, resulting in an operating margin of 0.5%.
KNX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported an operating income of 28.58M and revenue of 1.85B, resulting in an operating margin of 1.5%.
WERN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Werner Enterprises, Inc. reported a net income of -4.26M and revenue of 808.61M, resulting in a net margin of -0.5%.
KNX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Knight-Swift Transportation Holdings Inc. reported a net income of -1.32M and revenue of 1.85B, resulting in a net margin of -0.1%.
Frequently Asked Questions
WERN and KNX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KNX has higher volatility (15.71%) compared to WERN (11.46%). In terms of maximum drawdown, WERN dropped -60.01% vs KNX's -67.93%.
KNX currently has the higher Sharpe Ratio (1.99 vs 1.61), 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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