WLKP vs. CE
Compare and contrast key facts about Westlake Chemical Partners LP (WLKP) and Celanese Corporation (CE).
Performance
WLKP vs. CE - Performance Comparison
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WLKP vs. CE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WLKP Westlake Chemical Partners LP | 18.86% | -10.50% | 16.18% | 0.11% | -5.77% | 21.20% | -0.82% | 18.54% | 3.55% | 22.38% |
CE Celanese Corporation | 55.65% | -38.76% | -54.57% | 55.69% | -37.77% | 31.75% | 8.25% | 39.85% | -14.31% | 38.52% |
Fundamentals
WLKP:
$5.04
CE:
-$10.57
WLKP:
0.44
CE:
0.76
WLKP:
$1.17B
CE:
$9.54B
WLKP:
$347.85M
CE:
$1.92B
WLKP:
$357.80M
CE:
$193.00M
Returns By Period
In the year-to-date period, WLKP achieves a 18.86% return, which is significantly lower than CE's 55.65% return. Over the past 10 years, WLKP has outperformed CE with an annualized return of 9.21%, while CE has yielded a comparatively lower 1.77% annualized return.
WLKP
- 1D
- 1.61%
- 1M
- 0.32%
- YTD
- 18.86%
- 6M
- 10.37%
- 1Y
- 4.59%
- 3Y*
- 9.05%
- 5Y*
- 6.49%
- 10Y*
- 9.21%
CE
- 1D
- 2.37%
- 1M
- 31.70%
- YTD
- 55.65%
- 6M
- 56.49%
- 1Y
- 16.14%
- 3Y*
- -14.30%
- 5Y*
- -14.00%
- 10Y*
- 1.77%
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Return for Risk
WLKP vs. CE — Risk / Return Rank
WLKP
CE
WLKP vs. CE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Chemical Partners LP (WLKP) and Celanese Corporation (CE). 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.
| WLKP | CE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.23 | 0.25 | -0.02 |
Sortino ratioReturn per unit of downside risk | 0.50 | 0.82 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.10 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.24 | 0.36 | -0.12 |
Martin ratioReturn relative to average drawdown | 0.55 | 0.63 | -0.07 |
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
| WLKP | CE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.23 | 0.25 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | -0.32 | +0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.05 | +0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.20 | -0.05 |
Correlation
The correlation between WLKP and CE is 0.30, 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.
Dividends
WLKP vs. CE - Dividend Comparison
WLKP's dividend yield for the trailing twelve months is around 8.54%, more than CE's 0.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLKP Westlake Chemical Partners LP | 8.54% | 9.92% | 8.15% | 8.71% | 8.02% | 7.02% | 7.91% | 6.81% | 6.69% | 5.77% | 5.94% | 5.18% |
CE Celanese Corporation | 0.18% | 0.28% | 4.05% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% |
Drawdowns
WLKP vs. CE - Drawdown Comparison
The maximum WLKP drawdown since its inception was -60.17%, smaller than the maximum CE drawdown of -84.87%. Use the drawdown chart below to compare losses from any high point for WLKP and CE.
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Drawdown Indicators
| WLKP | CE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.17% | -84.87% | +24.70% |
Max Drawdown (1Y)Largest decline over 1 year | -19.70% | -42.98% | +23.28% |
Max Drawdown (5Y)Largest decline over 5 years | -29.23% | -78.96% | +49.73% |
Max Drawdown (10Y)Largest decline over 10 years | -60.17% | -78.96% | +18.79% |
Current DrawdownCurrent decline from peak | -2.82% | -61.03% | +58.21% |
Average DrawdownAverage peak-to-trough decline | -15.25% | -20.27% | +5.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.42% | 24.42% | -16.00% |
Volatility
WLKP vs. CE - Volatility Comparison
The current volatility for Westlake Chemical Partners LP (WLKP) is 6.99%, while Celanese Corporation (CE) has a volatility of 21.32%. This indicates that WLKP experiences smaller price fluctuations and is considered to be less risky than CE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WLKP | CE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.99% | 21.32% | -14.33% |
Volatility (6M)Calculated over the trailing 6-month period | 16.16% | 41.02% | -24.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.81% | 63.73% | -43.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.27% | 44.12% | -23.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.87% | 38.60% | -10.73% |
Financials
WLKP vs. CE - Financials Comparison
This section allows you to compare key financial metrics between Westlake Chemical Partners LP and Celanese 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
WLKP vs. CE - Profitability Comparison
WLKP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Westlake Chemical Partners LP reported a gross profit of 96.81M and revenue of 323.05M. Therefore, the gross margin over that period was 30.0%.
CE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Celanese Corporation reported a gross profit of 383.00M and revenue of 2.20B. Therefore, the gross margin over that period was 17.4%.
WLKP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Westlake Chemical Partners LP reported an operating income of 89.76M and revenue of 323.05M, resulting in an operating margin of 27.8%.
CE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Celanese Corporation reported an operating income of 128.00M and revenue of 2.20B, resulting in an operating margin of 5.8%.
WLKP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Westlake Chemical Partners LP reported a net income of 84.26M and revenue of 323.05M, resulting in a net margin of 26.1%.
CE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Celanese Corporation reported a net income of 19.00M and revenue of 2.20B, resulting in a net margin of 0.9%.