WNC vs. RAIL
WNC (Wabash National Corporation) and RAIL (FreightCar America, Inc.) are both stocks. Both are in the Industrials sector — WNC in Farm & Heavy Construction Machinery, RAIL in Railroads. Over the past 10 years, WNC returned -3.69%/yr vs -6.24%/yr for RAIL. At a 0.36 correlation, their price movements are largely independent.
Performance
WNC vs. RAIL - Performance Comparison
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Returns By Period
In the year-to-date period, WNC achieves a -6.90% return, which is significantly higher than RAIL's -33.60% return. Over the past 10 years, WNC has outperformed RAIL with an annualized return of -3.69%, while RAIL has yielded a comparatively lower -6.24% annualized return.
WNC
- 1D
- 1.54%
- 1M
- 4.08%
- YTD
- -6.90%
- 6M
- -11.11%
- 1Y
- -10.74%
- 3Y*
- -30.75%
- 5Y*
- -11.77%
- 10Y*
- -3.69%
RAIL
- 1D
- -2.91%
- 1M
- -8.81%
- YTD
- -33.60%
- 6M
- -12.50%
- 1Y
- -11.87%
- 3Y*
- 36.66%
- 5Y*
- 3.03%
- 10Y*
- -6.24%
WNC vs. RAIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
WNC Wabash National Corporation | -6.90% | -48.12% | -32.19% | 14.94% | 18.17% | 15.53% | 20.30% | 15.52% | -38.80% | 39.25% |
RAIL FreightCar America, Inc. | -33.60% | 23.55% | 231.85% | -15.63% | -13.28% | 53.11% | 16.43% | -69.06% | -60.83% | 16.26% |
Correlation
The correlation between WNC and RAIL is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2005 | 0.36 |
The correlation between WNC and RAIL shifts across timeframes, from 0.20 (3 years) to 0.36 (all time), reflecting how their relationship changes across market environments.
Fundamentals
WNC:
$322.25M
RAIL:
$261.10M
WNC:
-$1.56
RAIL:
$0.88
WNC:
0.22
RAIL:
0.52
WNC:
$1.47B
RAIL:
$469.01M
WNC:
$29.15M
RAIL:
$69.61M
WNC:
-$18.50M
RAIL:
-$1.50M
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Return for Risk
WNC vs. RAIL — Risk / Return Rank
WNC
RAIL
WNC vs. RAIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Wabash National Corporation (WNC) and FreightCar America, Inc. (RAIL). 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.
| WNC | RAIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.02 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.25 | -0.24 | -0.01 |
| Martin ratioReturn relative to average drawdown | -0.50 | -0.43 | -0.06 |
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
| WNC | RAIL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.21 | -0.19 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.25 | 0.04 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.08 | -0.09 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.00 | -0.07 | +0.07 |
Drawdowns
WNC vs. RAIL - Drawdown Comparison
The maximum WNC drawdown since its inception was -98.61%, roughly equal to the maximum RAIL drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for WNC and RAIL.
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Drawdown Indicators
| WNC | RAIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.61% | -98.88% | +0.27% |
Max Drawdown (1Y)Largest decline over 1 year | -43.80% | -50.34% | +6.54% |
Max Drawdown (3Y)Largest decline over 3 years | -76.39% | -71.67% | -4.72% |
Max Drawdown (5Y)Largest decline over 5 years | -76.39% | -71.67% | -4.72% |
Max Drawdown (10Y)Largest decline over 10 years | -76.39% | -96.23% | +19.84% |
Current DrawdownCurrent decline from peak | -74.72% | -89.20% | +14.48% |
Average DrawdownAverage peak-to-trough decline | -55.54% | -71.85% | +16.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.57% | 27.38% | -5.81% |
Volatility
WNC vs. RAIL - Volatility Comparison
Wabash National Corporation (WNC) and FreightCar America, Inc. (RAIL) have volatilities of 13.43% and 12.90%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| WNC | RAIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.43% | 12.90% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 38.13% | 45.80% | -7.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.75% | 62.94% | -11.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.42% | 69.26% | -22.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.00% | 73.68% | -28.68% |
Dividends
WNC vs. RAIL - Dividend Comparison
WNC's dividend yield for the trailing twelve months is around 4.05%, while RAIL has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RAIL FreightCar America, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.58% | 2.41% | 1.85% |
WNC Wabash National Corporation | 4.05% | 3.70% | 1.87% | 1.25% | 1.42% | 1.64% | 1.39% | 2.72% | 2.29% | 1.38% | 0.00% | 0.00% |
Financials
WNC vs. RAIL - Financials Comparison
This section allows you to compare key financial metrics between Wabash National Corporation and FreightCar America, 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
WNC vs. RAIL - Profitability Comparison
WNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported a gross profit of -10.58M and revenue of 303.23M. Therefore, the gross margin over that period was -3.5%.
RAIL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, FreightCar America, Inc. reported a gross profit of 10.81M and revenue of 64.31M. Therefore, the gross margin over that period was 16.8%.
WNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported an operating income of -52.36M and revenue of 303.23M, resulting in an operating margin of -17.3%.
RAIL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, FreightCar America, Inc. reported an operating income of -594.00K and revenue of 64.31M, resulting in an operating margin of -0.9%.
WNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wabash National Corporation reported a net income of -45.17M and revenue of 303.23M, resulting in a net margin of -14.9%.
RAIL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, FreightCar America, Inc. reported a net income of 41.65M and revenue of 64.31M, resulting in a net margin of 64.8%.
Frequently Asked Questions
WNC and RAIL have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WNC has higher volatility (13.43%) compared to RAIL (12.90%). In terms of maximum drawdown, WNC dropped -98.61% vs RAIL's -98.88%.
RAIL currently has the higher Sharpe Ratio (-0.19 vs -0.21), 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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