WING vs. WSO
WING (Wingstop Inc.) and WSO (Watsco, Inc.) are both stocks. WING operates in Restaurants (Consumer Cyclical), while WSO operates in Industrial Distribution (Industrials). Over the past 10 years, WING returned 22.18%/yr vs 14.60%/yr for WSO. At a 0.31 correlation, their price movements are largely independent.
Performance
WING vs. WSO - Performance Comparison
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Returns By Period
In the year-to-date period, WING achieves a -36.69% return, which is significantly lower than WSO's 16.91% return. Over the past 10 years, WING has outperformed WSO with an annualized return of 22.18%, while WSO has yielded a comparatively lower 14.60% annualized return.
WING
- 1D
- -4.04%
- 1M
- 7.12%
- YTD
- -36.69%
- 6M
- -39.97%
- 1Y
- -57.99%
- 3Y*
- -6.65%
- 5Y*
- 0.25%
- 10Y*
- 22.18%
WSO
- 1D
- -2.38%
- 1M
- 3.35%
- YTD
- 16.91%
- 6M
- 13.93%
- 1Y
- -6.90%
- 3Y*
- 4.71%
- 5Y*
- 9.46%
- 10Y*
- 14.60%
WING vs. WSO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WING Wingstop Inc. | -36.69% | -15.72% | 11.06% | 87.26% | -17.05% | 30.91% | 60.40% | 34.99% | 77.28% | 32.26% |
WSO Watsco, Inc. | 16.91% | -27.02% | 13.22% | 77.00% | -17.74% | 42.09% | 30.57% | 34.99% | -15.54% | 18.36% |
Correlation
The correlation between WING and WSO is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 12, 2015 | 0.31 |
The correlation between WING and WSO shifts across timeframes, from 0.21 (1 year) to 0.33 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
WING:
$4.15B
WSO:
$14.72B
WING:
$4.02
WSO:
$13.08
WING:
37.43
WSO:
29.64
WING:
0.82
WSO:
5.76
WING:
5.90
WSO:
2.03
WING:
$709.48M
WSO:
$7.24B
WING:
$315.08M
WSO:
$2.05B
WING:
$217.85M
WSO:
$778.38M
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Return for Risk
WING vs. WSO — Risk / Return Rank
WING
WSO
WING vs. WSO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wingstop Inc. (WING) and Watsco, Inc. (WSO). 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.
| WING | WSO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.69 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.99 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | -0.21 | -0.64 |
| Martin ratioReturn relative to average drawdown | -1.49 | -0.35 | -1.15 |
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Drawdowns
WING vs. WSO - Drawdown Comparison
The maximum WING drawdown since its inception was -72.06%, which is greater than WSO's maximum drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for WING and WSO.
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Drawdown Indicators
| WING | WSO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.06% | -64.30% | -7.76% |
Max Drawdown (1Y)Largest decline over 1 year | -68.36% | -33.42% | -34.94% |
Max Drawdown (3Y)Largest decline over 3 years | -72.06% | -41.62% | -30.44% |
Max Drawdown (5Y)Largest decline over 5 years | -72.06% | -41.62% | -30.44% |
Max Drawdown (10Y)Largest decline over 10 years | -72.06% | -41.62% | -30.44% |
Current DrawdownCurrent decline from peak | -64.59% | -28.91% | -35.68% |
Average DrawdownAverage peak-to-trough decline | -17.22% | -18.06% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.84% | 20.00% | +18.84% |
Volatility
WING vs. WSO - Volatility Comparison
Wingstop Inc. (WING) has a higher volatility of 19.63% compared to Watsco, Inc. (WSO) at 9.50%. This indicates that WING's price experiences larger fluctuations and is considered to be riskier than WSO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WING | WSO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.63% | 9.50% | +10.13% |
Volatility (6M)Calculated over the trailing 6-month period | 46.94% | 22.86% | +24.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 64.14% | 31.86% | +32.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.20% | 30.28% | +20.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.34% | 27.88% | +18.46% |
Dividends
WING vs. WSO - Dividend Comparison
WING's dividend yield for the trailing twelve months is around 0.80%, less than WSO's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WING Wingstop Inc. | 0.80% | 0.48% | 0.34% | 0.32% | 3.43% | 0.36% | 4.15% | 0.46% | 5.44% | 0.36% | 9.80% | 0.00% |
WSO Watsco, Inc. | 3.17% | 3.47% | 2.23% | 2.29% | 3.43% | 2.44% | 3.06% | 3.55% | 4.02% | 2.71% | 2.43% | 2.39% |
Financials
WING vs. WSO - Financials Comparison
This section allows you to compare key financial metrics between Wingstop Inc. and Watsco, 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
WING vs. WSO - Profitability Comparison
WING - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wingstop Inc. reported a gross profit of 0.00 and revenue of 183.73M. Therefore, the gross margin over that period was 0.0%.
WSO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Watsco, Inc. reported a gross profit of 427.56M and revenue of 1.53B. Therefore, the gross margin over that period was 27.9%.
WING - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wingstop Inc. reported an operating income of 50.41M and revenue of 183.73M, resulting in an operating margin of 27.4%.
WSO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Watsco, Inc. reported an operating income of 110.18M and revenue of 1.53B, resulting in an operating margin of 7.2%.
WING - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wingstop Inc. reported a net income of 29.88M and revenue of 183.73M, resulting in a net margin of 16.3%.
WSO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Watsco, Inc. reported a net income of 79.07M and revenue of 1.53B, resulting in a net margin of 5.2%.
Frequently Asked Questions
WING and WSO have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WING has higher volatility (19.63%) compared to WSO (9.50%). In terms of maximum drawdown, WING dropped -72.06% vs WSO's -64.30%.
WSO currently has the higher Sharpe Ratio (-0.22 vs -0.91), 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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