WLK vs. ALB
WLK (Westlake Corporation) and ALB (Albemarle Corporation) are both stocks. Both operate in the Specialty Chemicals industry within the Basic Materials sector. Over the past 10 years, WLK returned 8.45%/yr vs 9.19%/yr for ALB. At a 0.49 correlation, their price movements are largely independent.
Performance
WLK vs. ALB - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with WLK having a 18.73% return and ALB slightly higher at 19.31%. Over the past 10 years, WLK has underperformed ALB with an annualized return of 8.45%, while ALB has yielded a comparatively higher 9.19% annualized return.
WLK
- 1D
- 0.52%
- 1M
- -24.04%
- YTD
- 18.73%
- 6M
- 31.81%
- 1Y
- 27.64%
- 3Y*
- -6.60%
- 5Y*
- -2.14%
- 10Y*
- 8.45%
ALB
- 1D
- -2.00%
- 1M
- -11.72%
- YTD
- 19.31%
- 6M
- 33.82%
- 1Y
- 200.47%
- 3Y*
- -5.45%
- 5Y*
- 0.58%
- 10Y*
- 9.19%
WLK vs. ALB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WLK Westlake Corporation | 18.73% | -33.77% | -16.90% | 38.23% | 6.81% | 20.53% | 18.52% | 7.72% | -37.27% | 92.39% |
ALB Albemarle Corporation | 19.31% | 67.72% | -39.50% | -32.80% | -6.63% | 59.76% | 105.39% | -3.28% | -38.89% | 50.22% |
Correlation
The correlation between WLK and ALB is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2004 | 0.49 |
The correlation between WLK and ALB shifts across timeframes, from 0.30 (1 year) to 0.49 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WLK:
$11.11B
ALB:
$19.97B
WLK:
-$12.75
ALB:
-$2.33
WLK:
1.02
ALB:
3.61
WLK:
1.30
ALB:
2.62
WLK:
$10.98B
ALB:
$5.49B
WLK:
$169.00M
ALB:
$1.02B
WLK:
-$659.00M
ALB:
$801.97M
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Return for Risk
WLK vs. ALB — Risk / Return Rank
WLK
ALB
WLK vs. ALB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Corporation (WLK) and Albemarle Corporation (ALB). 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.
| WLK | ALB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.59 | 3.28 | -2.69 |
Sortino ratioReturn per unit of downside risk | 1.20 | 3.26 | -2.06 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.42 | -0.28 |
Calmar ratioReturn relative to maximum drawdown | 0.67 | 9.20 | -8.53 |
Martin ratioReturn relative to average drawdown | 1.77 | 21.20 | -19.44 |
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
| WLK | ALB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 3.28 | -2.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.06 | 0.01 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | 0.19 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.30 | +0.02 |
Drawdowns
WLK vs. ALB - Drawdown Comparison
The maximum WLK drawdown since its inception was -75.16%, smaller than the maximum ALB drawdown of -83.90%. Use the drawdown chart below to compare losses from any high point for WLK and ALB.
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Drawdown Indicators
| WLK | ALB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.16% | -83.90% | +8.74% |
Max Drawdown (1Y)Largest decline over 1 year | -37.77% | -21.93% | -15.84% |
Max Drawdown (3Y)Largest decline over 3 years | -64.20% | -78.60% | +14.40% |
Max Drawdown (5Y)Largest decline over 5 years | -64.20% | -83.90% | +19.70% |
Max Drawdown (10Y)Largest decline over 10 years | -75.16% | -83.90% | +8.74% |
Current DrawdownCurrent decline from peak | -43.77% | -45.68% | +1.91% |
Average DrawdownAverage peak-to-trough decline | -26.20% | -20.66% | -5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.42% | 9.50% | +4.92% |
Volatility
WLK vs. ALB - Volatility Comparison
Westlake Corporation (WLK) has a higher volatility of 13.02% compared to Albemarle Corporation (ALB) at 11.91%. This indicates that WLK's price experiences larger fluctuations and is considered to be riskier than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLK | ALB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.02% | 11.91% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 33.02% | 41.34% | -8.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.19% | 61.57% | -14.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.98% | 54.38% | -17.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.38% | 48.17% | -8.79% |
Dividends
WLK vs. ALB - Dividend Comparison
WLK's dividend yield for the trailing twelve months is around 2.44%, more than ALB's 0.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 0.96% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
WLK Westlake Corporation | 2.44% | 2.85% | 1.79% | 1.12% | 1.28% | 1.17% | 1.31% | 1.46% | 1.39% | 0.75% | 1.33% | 1.28% |
Financials
WLK vs. ALB - Financials Comparison
This section allows you to compare key financial metrics between Westlake Corporation and Albemarle Corporation. 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
WLK vs. ALB - Profitability Comparison
WLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Westlake Corporation reported a gross profit of 112.00M and revenue of 2.65B. Therefore, the gross margin over that period was 4.2%.
ALB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a gross profit of 500.97M and revenue of 1.43B. Therefore, the gross margin over that period was 35.1%.
WLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Westlake Corporation reported an operating income of -172.00M and revenue of 2.65B, resulting in an operating margin of -6.5%.
ALB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported an operating income of 233.51M and revenue of 1.43B, resulting in an operating margin of 16.3%.
WLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Westlake Corporation reported a net income of -169.00M and revenue of 2.65B, resulting in a net margin of -6.4%.
ALB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a net income of 277.40M and revenue of 1.43B, resulting in a net margin of 19.4%.
Frequently Asked Questions
WLK and ALB have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WLK has higher volatility (13.02%) compared to ALB (11.91%). In terms of maximum drawdown, WLK dropped -75.16% vs ALB's -83.90%.
ALB currently has the higher Sharpe Ratio (3.28 vs 0.59), 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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