WLK vs. IEX
Compare and contrast key facts about Westlake Corporation (WLK) and IDEX Corporation (IEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLK or IEX.
Correlation
The correlation between WLK and IEX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WLK vs. IEX - Performance Comparison
Key characteristics
WLK:
-0.46
IEX:
0.22
WLK:
-0.50
IEX:
0.48
WLK:
0.94
IEX:
1.06
WLK:
-0.39
IEX:
0.21
WLK:
-0.92
IEX:
0.38
WLK:
13.17%
IEX:
12.39%
WLK:
26.07%
IEX:
21.04%
WLK:
-75.15%
IEX:
-58.67%
WLK:
-27.24%
IEX:
-11.89%
Fundamentals
WLK:
$14.80B
IEX:
$16.25B
WLK:
$0.71
IEX:
$6.45
WLK:
161.93
IEX:
33.26
WLK:
1.59
IEX:
2.19
WLK:
$9.30B
IEX:
$2.41B
WLK:
$1.57B
IEX:
$1.08B
WLK:
$1.69B
IEX:
$640.80M
Returns By Period
In the year-to-date period, WLK achieves a 1.74% return, which is significantly lower than IEX's 2.50% return. Over the past 10 years, WLK has underperformed IEX with an annualized return of 8.81%, while IEX has yielded a comparatively higher 12.95% annualized return.
WLK
1.74%
-0.93%
-21.81%
-12.35%
12.01%
8.81%
IEX
2.50%
-4.26%
2.25%
5.28%
5.24%
12.95%
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Risk-Adjusted Performance
WLK vs. IEX — Risk-Adjusted Performance Rank
WLK
IEX
WLK vs. IEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Corporation (WLK) and IDEX Corporation (IEX). 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.
Dividends
WLK vs. IEX - Dividend Comparison
WLK's dividend yield for the trailing twelve months is around 1.76%, more than IEX's 0.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLK Westlake Corporation | 1.76% | 1.79% | 1.22% | 1.28% | 1.17% | 1.31% | 1.46% | 1.39% | 0.75% | 1.33% | 1.28% | 0.95% |
IEX IDEX Corporation | 0.96% | 1.29% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% |
Drawdowns
WLK vs. IEX - Drawdown Comparison
The maximum WLK drawdown since its inception was -75.15%, which is greater than IEX's maximum drawdown of -58.67%. Use the drawdown chart below to compare losses from any high point for WLK and IEX. For additional features, visit the drawdowns tool.
Volatility
WLK vs. IEX - Volatility Comparison
The current volatility for Westlake Corporation (WLK) is 6.19%, while IDEX Corporation (IEX) has a volatility of 6.75%. This indicates that WLK experiences smaller price fluctuations and is considered to be less risky than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WLK vs. IEX - Financials Comparison
This section allows you to compare key financial metrics between Westlake Corporation and IDEX 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