WH vs. AON
WH (Wyndham Hotels & Resorts, Inc.) and AON (Aon plc) are both stocks. WH operates in Lodging (Consumer Cyclical), while AON operates in Insurance Brokers (Financial Services). Over the past 5 years, WH returned 2.87%/yr vs 5.96%/yr for AON. At a 0.32 correlation, their price movements are largely independent.
Performance
WH vs. AON - Performance Comparison
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Returns By Period
In the year-to-date period, WH achieves a 6.04% return, which is significantly higher than AON's -8.25% return.
WH
- 1D
- -0.52%
- 1M
- -0.86%
- YTD
- 6.04%
- 6M
- 11.36%
- 1Y
- -0.38%
- 3Y*
- 5.55%
- 5Y*
- 2.87%
- 10Y*
- —
AON
- 1D
- 2.10%
- 1M
- 2.44%
- YTD
- -8.25%
- 6M
- -6.88%
- 1Y
- -12.73%
- 3Y*
- 1.90%
- 5Y*
- 5.96%
- 10Y*
- 12.46%
WH vs. AON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WH Wyndham Hotels & Resorts, Inc. | 6.04% | -23.54% | 27.70% | 14.94% | -19.06% | 52.60% | -4.15% | 41.40% | -25.37% |
AON Aon plc | -8.25% | -0.94% | 24.45% | -2.31% | 0.61% | 43.39% | 2.37% | 44.68% | 3.14% |
Correlation
The correlation between WH and AON is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 22, 2018 | 0.32 |
Over the past year, the correlation between WH and AON has dropped to 0.11 - well below their long-term average of 0.32, suggesting their price drivers have been diverging.
Fundamentals
WH:
$6.04B
AON:
$69.41B
WH:
$2.52
AON:
$18.21
WH:
31.63
AON:
17.70
WH:
10.17
AON:
0.45
WH:
4.24
AON:
3.99
WH:
13.51
AON:
7.06
WH:
$1.44B
AON:
$17.49B
WH:
$965.00M
AON:
$9.77B
WH:
$483.00M
AON:
$6.55B
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Return for Risk
WH vs. AON — Risk / Return Rank
WH
AON
WH vs. AON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wyndham Hotels & Resorts, Inc. (WH) and Aon plc (AON). 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.
| WH | AON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.92 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.74 | +0.72 |
| Martin ratioReturn relative to average drawdown | -0.03 | -1.38 | +1.35 |
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
| WH | AON | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.01 | -0.54 | +0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.26 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.53 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.42 | -0.28 |
Drawdowns
WH vs. AON - Drawdown Comparison
The maximum WH drawdown since its inception was -66.07%, roughly equal to the maximum AON drawdown of -69.05%. Use the drawdown chart below to compare losses from any high point for WH and AON.
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Drawdown Indicators
| WH | AON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.07% | -69.05% | +2.98% |
Max Drawdown (1Y)Largest decline over 1 year | -24.30% | -17.28% | -7.02% |
Max Drawdown (3Y)Largest decline over 3 years | -37.17% | -23.84% | -13.33% |
Max Drawdown (5Y)Largest decline over 5 years | -37.17% | -25.38% | -11.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.73% | — |
Current DrawdownCurrent decline from peak | -26.97% | -20.39% | -6.58% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -13.67% | -2.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.52% | 9.29% | +3.23% |
Volatility
WH vs. AON - Volatility Comparison
Wyndham Hotels & Resorts, Inc. (WH) has a higher volatility of 9.70% compared to Aon plc (AON) at 6.12%. This indicates that WH's price experiences larger fluctuations and is considered to be riskier than AON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WH | AON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.70% | 6.12% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 21.65% | 19.39% | +2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.54% | 23.81% | +5.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.51% | 23.10% | +6.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.81% | 23.44% | +12.37% |
Dividends
WH vs. AON - Dividend Comparison
WH's dividend yield for the trailing twelve months is around 2.08%, more than AON's 0.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AON Aon plc | 0.95% | 0.82% | 0.74% | 0.83% | 0.73% | 0.66% | 0.84% | 0.83% | 1.35% | 1.05% | 1.16% | 1.25% |
WH Wyndham Hotels & Resorts, Inc. | 2.08% | 2.17% | 1.51% | 1.74% | 1.79% | 0.98% | 0.94% | 1.85% | 1.65% | 0.00% | 0.00% | 0.00% |
Financials
WH vs. AON - Financials Comparison
This section allows you to compare key financial metrics between Wyndham Hotels & Resorts, Inc. and Aon plc. 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
WH vs. AON - Profitability Comparison
WH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wyndham Hotels & Resorts, Inc. reported a gross profit of 302.00M and revenue of 327.00M. Therefore, the gross margin over that period was 92.4%.
AON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Aon plc reported a gross profit of 2.64B and revenue of 5.03B. Therefore, the gross margin over that period was 52.5%.
WH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wyndham Hotels & Resorts, Inc. reported an operating income of 114.00M and revenue of 327.00M, resulting in an operating margin of 34.9%.
AON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Aon plc reported an operating income of 1.72B and revenue of 5.03B, resulting in an operating margin of 34.1%.
WH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wyndham Hotels & Resorts, Inc. reported a net income of 61.00M and revenue of 327.00M, resulting in a net margin of 18.7%.
AON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Aon plc reported a net income of 1.21B and revenue of 5.03B, resulting in a net margin of 24.1%.
Frequently Asked Questions
WH and AON have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WH has higher volatility (9.70%) compared to AON (6.12%). In terms of maximum drawdown, WH dropped -66.07% vs AON's -69.05%.
WH currently has the higher Sharpe Ratio (-0.01 vs -0.54), 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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