WMS vs. MAS

Last updated Jun 13, 2026

WMS (Advanced Drainage Systems, Inc.) and MAS (Masco Corporation) are both stocks. Both operate in the Building Products & Equipment industry within the Industrials sector. Over the past 10 years, WMS returned 18.92%/yr vs 10.99%/yr for MAS. A 0.50 correlation means they provide meaningful diversification when combined.

Performance

WMS vs. MAS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advanced Drainage Systems, Inc. (WMS) and Masco Corporation (MAS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WMS achieves a -6.59% return, which is significantly lower than MAS's 17.72% return. Over the past 10 years, WMS has outperformed MAS with an annualized return of 18.92%, while MAS has yielded a comparatively lower 10.99% annualized return.

WMS

• 1D: -0.08%
• 1M: -0.37%
• YTD: -6.59%
• 6M: -9.61%
• 1Y: 20.01%
• 3Y*: 7.76%
• 5Y*: 5.62%
• 10Y*: 18.92%

MAS

• 1D: 0.38%
• 1M: 14.19%
• YTD: 17.72%
• 6M: 16.83%
• 1Y: 21.87%
• 3Y*: 11.75%
• 5Y*: 6.70%
• 10Y*: 10.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WMS vs. MAS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMS Advanced Drainage Systems, Inc.	-6.59%	25.97%	-17.48%	72.44%	-39.53%	63.46%	116.70%	67.74%	2.78%	17.27%
MAS Masco Corporation	17.72%	-10.92%	10.04%	46.56%	-32.09%	29.61%	15.78%	66.27%	-32.70%	40.55%

Correlation

The correlation between WMS and MAS is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (10Y) Calculated over the trailing 10-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jul 25, 2014	0.50

The correlation between WMS and MAS shifts across timeframes, from 0.50 (all time) to 0.67 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap WMS : $10.59B MAS : $15.02B
EPS WMS : $5.45 MAS : $4.02
PE Ratio WMS : 24.78 MAS : 18.39
PEG Ratio WMS : 1.23 MAS : 0.56
PS Ratio WMS : 3.31 MAS : 2.00
Total Revenue (TTM) WMS : $3.19B MAS : $7.68B
Gross Profit (TTM) WMS : $1.27B MAS : $2.72B
EBITDA (TTM) WMS : $586.61M MAS : $1.39B

Return for Risk

WMS vs. MAS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WMS

WMS Risk / Return Rank: 57
WMS Sharpe Ratio Rank: 59
WMS Sortino Ratio Rank: 57
WMS Omega Ratio Rank: 53
WMS Calmar Ratio Rank: 58
WMS Martin Ratio Rank: 59

MAS

MAS Risk / Return Rank: 59
MAS Sharpe Ratio Rank: 62
MAS Sortino Ratio Rank: 59
MAS Omega Ratio Rank: 55
MAS Calmar Ratio Rank: 60
MAS Martin Ratio Rank: 59

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WMS vs. MAS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advanced Drainage Systems, Inc. (WMS) and Masco Corporation (MAS). 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.

	WMS	MAS	Difference
Sharpe ratio: Return per unit of total volatility	0.44	0.56	-0.12
Sortino ratio: Return per unit of downside risk	1.00	1.12	-0.12
Omega ratio: Gain probability vs. loss probability	1.11	1.12	-0.01
Calmar ratio: Return relative to maximum drawdown	0.67	0.75	-0.08
Martin ratio: Return relative to average drawdown	1.58	1.54	+0.04

WMS vs. MAS - Sharpe Ratio Comparison

The current WMS Sharpe Ratio is 0.44, which is comparable to the MAS Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of WMS and MAS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMS vs. MAS - Drawdown Comparison

The maximum WMS drawdown since its inception was -53.58%, smaller than the maximum MAS drawdown of -88.75%. Use the drawdown chart below to compare losses from any high point for WMS and MAS.

Drawdown Indicators

	WMS	MAS	Difference
Max Drawdown Largest peak-to-trough decline	-53.58%	-88.75%	+35.17%
Max Drawdown (1Y) Largest decline over 1 year	-25.98%	-24.38%	-1.60%
Max Drawdown (3Y) Largest decline over 3 years	-45.75%	-30.95%	-14.80%
Max Drawdown (5Y) Largest decline over 5 years	-50.12%	-37.95%	-12.17%
Max Drawdown (10Y) Largest decline over 10 years	-53.58%	-44.83%	-8.75%
Current Drawdown Current decline from peak	-23.87%	-10.89%	-12.98%
Average Drawdown Average peak-to-trough decline	-17.90%	-23.63%	+5.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	11.82%	-0.86%

Volatility

WMS vs. MAS - Volatility Comparison

Advanced Drainage Systems, Inc. (WMS) has a higher volatility of 11.44% compared to Masco Corporation (MAS) at 9.83%. This indicates that WMS's price experiences larger fluctuations and is considered to be riskier than MAS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WMS	MAS	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.44%	9.83%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	26.26%	25.92%	+0.34%
Volatility (1Y) Calculated over the trailing 1-year period	39.46%	32.41%	+7.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.05%	30.03%	+12.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.61%	29.44%	+12.17%

Dividends

WMS vs. MAS - Dividend Comparison

WMS's dividend yield for the trailing twelve months is around 0.55%, less than MAS's 1.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAS Masco Corporation	1.70%	1.95%	1.60%	1.70%	2.40%	1.20%	0.99%	1.03%	1.49%	0.92%	1.22%	12.68%
WMS Advanced Drainage Systems, Inc.	0.55%	0.48%	0.54%	0.38%	0.57%	0.31%	0.43%	3.48%	1.28%	1.13%	1.12%	0.79%

Financials

WMS vs. MAS - Profitability Comparison

The chart below illustrates the profitability comparison between Advanced Drainage Systems, Inc. and Masco Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

WMS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported a gross profit of 354.44M and revenue of 816.10M. Therefore, the gross margin over that period was 43.4%.

MAS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a gross profit of 686.00M and revenue of 1.92B. Therefore, the gross margin over that period was 35.8%.

WMS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported an operating income of 53.25M and revenue of 816.10M, resulting in an operating margin of 6.5%.

MAS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported an operating income of 316.00M and revenue of 1.92B, resulting in an operating margin of 16.5%.

WMS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Advanced Drainage Systems, Inc. reported a net income of 32.90M and revenue of 816.10M, resulting in a net margin of 4.0%.

MAS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Masco Corporation reported a net income of 213.00M and revenue of 1.92B, resulting in a net margin of 11.1%.

Frequently Asked Questions

Can I hold both WMS and MAS in my portfolio?

WMS and MAS have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, WMS or MAS?

WMS has higher volatility (11.44%) compared to MAS (9.83%). In terms of maximum drawdown, WMS dropped -53.58% vs MAS's -88.75%.

Which has better risk-adjusted returns?

MAS currently has the higher Sharpe Ratio (0.56 vs 0.44), 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.