WLK vs. IFF
WLK (Westlake Corporation) and IFF (International Flavors & Fragrances Inc.) are both stocks. Both operate in the Specialty Chemicals industry within the Basic Materials sector. Over the past 10 years, WLK returned 8.07%/yr vs -4.16%/yr for IFF. At a 0.48 correlation, their price movements are largely independent.
Performance
WLK vs. IFF - Performance Comparison
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Returns By Period
In the year-to-date period, WLK achieves a 16.57% return, which is significantly higher than IFF's 9.31% return. Over the past 10 years, WLK has outperformed IFF with an annualized return of 8.07%, while IFF has yielded a comparatively lower -4.16% annualized return.
WLK
- 1D
- -1.32%
- 1M
- -18.15%
- YTD
- 16.57%
- 6M
- 26.81%
- 1Y
- 21.35%
- 3Y*
- -6.76%
- 5Y*
- -2.50%
- 10Y*
- 8.07%
IFF
- 1D
- -0.45%
- 1M
- 3.48%
- YTD
- 9.31%
- 6M
- 11.47%
- 1Y
- -3.18%
- 3Y*
- -0.18%
- 5Y*
- -10.15%
- 10Y*
- -4.16%
WLK vs. IFF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WLK Westlake Corporation | 16.57% | -33.77% | -16.90% | 38.23% | 6.81% | 20.53% | 18.52% | 7.72% | -37.27% | 92.39% |
IFF International Flavors & Fragrances Inc. | 9.31% | -18.43% | 6.26% | -19.47% | -28.35% | 41.55% | -15.64% | -3.91% | -12.02% | 29.52% |
Correlation
The correlation between WLK and IFF 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 | 0.43 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2004 | 0.48 |
The correlation between WLK and IFF shifts across timeframes, from 0.37 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WLK:
-$12.75
IFF:
$4.35
WLK:
1.00
IFF:
1.31
WLK:
$10.98B
IFF:
$10.79B
WLK:
$169.00M
IFF:
$3.79B
WLK:
-$659.00M
IFF:
$1.77B
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Return for Risk
WLK vs. IFF — Risk / Return Rank
WLK
IFF
WLK vs. IFF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Corporation (WLK) and International Flavors & Fragrances Inc. (IFF). 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 | IFF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.01 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.57 | -0.13 | +0.70 |
| Martin ratioReturn relative to average drawdown | 1.46 | -0.24 | +1.69 |
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 | IFF | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | -0.09 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | -0.32 | +0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | -0.14 | +0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.12 | +0.20 |
Drawdowns
WLK vs. IFF - Drawdown Comparison
The maximum WLK drawdown since its inception was -75.16%, smaller than the maximum IFF drawdown of -87.25%. Use the drawdown chart below to compare losses from any high point for WLK and IFF.
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Drawdown Indicators
| WLK | IFF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.16% | -87.25% | +12.09% |
Max Drawdown (1Y)Largest decline over 1 year | -37.77% | -24.03% | -13.74% |
Max Drawdown (3Y)Largest decline over 3 years | -64.20% | -42.63% | -21.57% |
Max Drawdown (5Y)Largest decline over 5 years | -64.20% | -57.42% | -6.78% |
Max Drawdown (10Y)Largest decline over 10 years | -75.16% | -57.42% | -17.74% |
Current DrawdownCurrent decline from peak | -44.79% | -46.86% | +2.07% |
Average DrawdownAverage peak-to-trough decline | -26.20% | -37.28% | +11.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.66% | 13.55% | +1.11% |
Volatility
WLK vs. IFF - Volatility Comparison
The current volatility for Westlake Corporation (WLK) is 10.03%, while International Flavors & Fragrances Inc. (IFF) has a volatility of 19.54%. This indicates that WLK experiences smaller price fluctuations and is considered to be less risky than IFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLK | IFF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.03% | 19.54% | -9.51% |
Volatility (6M)Calculated over the trailing 6-month period | 33.01% | 27.59% | +5.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.13% | 33.70% | +13.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.99% | 31.69% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 39.36% | 30.34% | +9.02% |
Dividends
WLK vs. IFF - Dividend Comparison
WLK's dividend yield for the trailing twelve months is around 2.49%, more than IFF's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IFF International Flavors & Fragrances Inc. | 2.18% | 2.37% | 1.89% | 4.00% | 3.05% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WLK Westlake Corporation | 2.49% | 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. IFF - Financials Comparison
This section allows you to compare key financial metrics between Westlake Corporation and International Flavors & Fragrances 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. IFF - 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%.
IFF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, International Flavors & Fragrances Inc. reported a gross profit of 1.02B and revenue of 2.74B. Therefore, the gross margin over that period was 37.1%.
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%.
IFF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, International Flavors & Fragrances Inc. reported an operating income of 273.00M and revenue of 2.74B, resulting in an operating margin of 10.0%.
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%.
IFF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, International Flavors & Fragrances Inc. reported a net income of 169.00M and revenue of 2.74B, resulting in a net margin of 6.2%.
Frequently Asked Questions
WLK and IFF 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.
IFF has higher volatility (19.54%) compared to WLK (10.03%). In terms of maximum drawdown, WLK dropped -75.16% vs IFF's -87.25%.
WLK currently has the higher Sharpe Ratio (0.46 vs -0.09), 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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