WLK vs. CTVA
WLK (Westlake Corporation) and CTVA (Corteva, Inc.) are both stocks. Both are in the Basic Materials sector — WLK in Specialty Chemicals, CTVA in Agricultural Inputs. Over the past 5 years, WLK returned -1.76%/yr vs 15.79%/yr for CTVA. A 0.51 correlation means they provide meaningful diversification when combined.
Performance
WLK vs. CTVA - Performance Comparison
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Returns By Period
In the year-to-date period, WLK achieves a 3.22% return, which is significantly lower than CTVA's 28.41% return.
WLK
- 1D
- 1.36%
- 1M
- -14.70%
- 6M
- -8.27%
- YTD
- 3.22%
- 1Y
- -9.22%
- 3Y*
- -13.53%
- 5Y*
- -1.76%
- 10Y*
- 7.00%
CTVA
- 1D
- 2.17%
- 1M
- 12.53%
- 6M
- 25.38%
- YTD
- 28.41%
- 1Y
- 17.59%
- 3Y*
- 17.55%
- 5Y*
- 15.79%
- 10Y*
- —
WLK vs. CTVA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WLK Westlake Corporation | 3.22% | -33.77% | -16.90% | 38.23% | 6.81% | 20.53% | 18.52% | 16.47% |
CTVA Corteva, Inc. | 28.41% | 18.89% | 20.24% | -17.51% | 25.58% | 23.55% | 33.49% | 0.32% |
Correlation
The correlation between WLK and CTVA is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since May 24, 2019 | 0.51 |
The correlation between WLK and CTVA shifts across timeframes, from 0.37 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WLK:
$9.67B
CTVA:
$57.30B
WLK:
-$12.75
CTVA:
$1.72
WLK:
0.88
CTVA:
3.23
WLK:
1.13
CTVA:
2.37
WLK:
$10.98B
CTVA:
$17.89B
WLK:
$169.00M
CTVA:
$6.00B
WLK:
-$659.00M
CTVA:
$2.68B
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Return for Risk
WLK vs. CTVA — Risk / Return Rank
WLK
CTVA
WLK vs. CTVA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Corporation (WLK) and Corteva, Inc. (CTVA). 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.
| WLK | CTVA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.00 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.13 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.85 | -1.10 |
| Martin ratioReturn relative to average drawdown | -0.57 | 1.91 | -2.48 |
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Drawdowns
WLK vs. CTVA - Drawdown Comparison
The maximum WLK drawdown since its inception was -75.16%, which is greater than CTVA's maximum drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for WLK and CTVA.
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Drawdown Indicators
| WLK | CTVA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.16% | -34.76% | -40.40% |
Max Drawdown (1Y)Largest decline over 1 year | -40.63% | -18.50% | -22.13% |
Max Drawdown (3Y)Largest decline over 3 years | -64.20% | -22.95% | -41.25% |
Max Drawdown (5Y)Largest decline over 5 years | -64.20% | -34.76% | -29.44% |
Max Drawdown (10Y)Largest decline over 10 years | -75.16% | — | — |
Current DrawdownCurrent decline from peak | -51.11% | -1.23% | -49.88% |
Average DrawdownAverage peak-to-trough decline | -26.29% | -10.47% | -15.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.22% | 8.23% | +9.99% |
Volatility
WLK vs. CTVA - Volatility Comparison
Westlake Corporation (WLK) has a higher volatility of 8.42% compared to Corteva, Inc. (CTVA) at 5.69%. This indicates that WLK's price experiences larger fluctuations and is considered to be riskier than CTVA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLK | CTVA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.42% | 5.69% | +2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 32.58% | 16.00% | +16.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.04% | 23.61% | +22.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.91% | 26.97% | +9.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.25% | 32.56% | +6.69% |
Dividends
WLK vs. CTVA - Dividend Comparison
WLK's dividend yield for the trailing twelve months is around 2.81%, more than CTVA's 0.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTVA Corteva, Inc. | 0.84% | 1.04% | 1.16% | 1.29% | 0.99% | 1.14% | 1.34% | 0.88% | 0.00% | 0.00% | 0.00% | 0.00% |
WLK Westlake Corporation | 2.81% | 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. CTVA - Financials Comparison
This section allows you to compare key financial metrics between Westlake Corporation and Corteva, 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
WLK vs. CTVA - Profitability Comparison
WLK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 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%.
CTVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Corteva, Inc. reported a gross profit of 0.00 and revenue of 4.91B. Therefore, the gross margin over that period was 0.0%.
WLK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Westlake Corporation reported an operating income of -172.00M and revenue of 2.65B, resulting in an operating margin of -6.5%.
CTVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Corteva, Inc. reported an operating income of 725.00M and revenue of 4.91B, resulting in an operating margin of 14.8%.
WLK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Westlake Corporation reported a net income of -169.00M and revenue of 2.65B, resulting in a net margin of -6.4%.
CTVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Corteva, Inc. reported a net income of 720.00M and revenue of 4.91B, resulting in a net margin of 14.7%.
Frequently Asked Questions
WLK and CTVA have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WLK has higher volatility (8.42%) compared to CTVA (5.69%). In terms of maximum drawdown, WLK dropped -75.16% vs CTVA's -34.76%.
CTVA currently has the higher Sharpe Ratio (0.67 vs -0.23), 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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