WLKP vs. APD
Compare and contrast key facts about Westlake Chemical Partners LP (WLKP) and Air Products and Chemicals, Inc. (APD).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLKP or APD.
Key characteristics
| WLKP | APD | |
|---|---|---|
| YTD Return | 10.21% | 5.26% |
| 1Y Return | 12.22% | -4.66% |
| 3Y Return (Ann) | 3.94% | 4.45% |
| 5Y Return (Ann) | 8.84% | 7.54% |
| 10Y Return (Ann) | 3.97% | 11.60% |
| Sharpe Ratio | 0.80 | -0.13 |
| Daily Std Dev | 16.03% | 29.68% |
| Max Drawdown | -60.17% | -60.30% |
| Current Drawdown | -6.04% | -8.70% |
Fundamentals
| WLKP | APD | |
|---|---|---|
| Market Cap | $789.52M | $63.17B |
| EPS | $1.61 | $11.51 |
| PE Ratio | 13.92 | 24.69 |
| PEG Ratio | 0.23 | 1.50 |
| Total Revenue (TTM) | $1.19B | $12.10B |
| Gross Profit (TTM) | $397.08M | $3.83B |
| EBITDA (TTM) | $452.40M | $4.37B |
Correlation
The correlation between WLKP and APD is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WLKP vs. APD - Performance Comparison
In the year-to-date period, WLKP achieves a 10.21% return, which is significantly higher than APD's 5.26% return. Over the past 10 years, WLKP has underperformed APD with an annualized return of 3.97%, while APD has yielded a comparatively higher 11.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
WLKP vs. APD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Chemical Partners LP (WLKP) and Air Products and Chemicals, Inc. (APD). 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
WLKP vs. APD - Dividend Comparison
WLKP's dividend yield for the trailing twelve months is around 8.41%, more than APD's 2.48% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLKP Westlake Chemical Partners LP | 8.41% | 8.71% | 8.02% | 7.02% | 7.91% | 6.81% | 6.69% | 5.77% | 5.94% | 5.18% | 0.59% | 0.00% |
APD Air Products and Chemicals, Inc. | 2.48% | 2.56% | 2.10% | 1.97% | 1.96% | 1.97% | 2.75% | 2.32% | 2.90% | 2.49% | 2.13% | 2.54% |
Drawdowns
WLKP vs. APD - Drawdown Comparison
The maximum WLKP drawdown since its inception was -60.17%, roughly equal to the maximum APD drawdown of -60.30%. Use the drawdown chart below to compare losses from any high point for WLKP and APD. For additional features, visit the drawdowns tool.
Volatility
WLKP vs. APD - Volatility Comparison
The current volatility for Westlake Chemical Partners LP (WLKP) is 3.07%, while Air Products and Chemicals, Inc. (APD) has a volatility of 4.23%. This indicates that WLKP experiences smaller price fluctuations and is considered to be less risky than APD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WLKP vs. APD - Financials Comparison
This section allows you to compare key financial metrics between Westlake Chemical Partners LP and Air Products and Chemicals, 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