WS vs. AIR
WS (Worthington Steel Inc) and AIR (AAR Corp.) are both stocks. WS operates in Steel (Basic Materials), while AIR operates in Aerospace & Defense (Industrials). Over the past year, WS returned 63.66% vs 72.65% for AIR. At a 0.43 correlation, their price movements are largely independent.
Performance
WS vs. AIR - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WS achieves a 22.47% return, which is significantly lower than AIR's 34.51% return.
WS
- 1D
- -3.68%
- 1M
- 10.85%
- YTD
- 22.47%
- 6M
- 16.89%
- 1Y
- 63.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AIR
- 1D
- 0.68%
- 1M
- 1.64%
- YTD
- 34.51%
- 6M
- 34.75%
- 1Y
- 72.65%
- 3Y*
- 27.18%
- 5Y*
- 21.87%
- 10Y*
- 16.85%
WS vs. AIR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
WS Worthington Steel Inc | 22.47% | 11.18% | 15.44% | 26.58% |
AIR AAR Corp. | 34.51% | 35.10% | -1.79% | -10.67% |
Correlation
The correlation between WS and AIR is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023 | 0.43 |
Fundamentals
WS:
$2.10B
AIR:
$4.23B
WS:
$2.44
AIR:
$4.63
WS:
17.30
AIR:
24.07
WS:
16.81
AIR:
8.42
WS:
0.63
AIR:
1.31
WS:
21.71
AIR:
2.57
WS:
$3.35B
AIR:
$3.13B
WS:
$411.50M
AIR:
$595.50M
WS:
$216.90M
AIR:
$214.30M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WS vs. AIR — Risk / Return Rank
WS
AIR
WS vs. AIR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Worthington Steel Inc (WS) and AAR Corp. (AIR). 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.
| WS | AIR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.31 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.52 | 3.67 | -2.14 |
| Martin ratioReturn relative to average drawdown | 4.45 | 8.72 | -4.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| WS | AIR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.81 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.62 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.16 | +0.45 |
Drawdowns
WS vs. AIR - Drawdown Comparison
The maximum WS drawdown since its inception was -50.98%, smaller than the maximum AIR drawdown of -89.04%. Use the drawdown chart below to compare losses from any high point for WS and AIR.
Loading charts...
Drawdown Indicators
| WS | AIR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.98% | -89.04% | +38.06% |
Max Drawdown (1Y)Largest decline over 1 year | -42.00% | -19.92% | -22.08% |
Max Drawdown (3Y)Largest decline over 3 years | — | -35.72% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.72% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -81.77% | — |
Current DrawdownCurrent decline from peak | -12.92% | -11.61% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -21.93% | -34.70% | +12.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.34% | 8.36% | +5.98% |
Volatility
WS vs. AIR - Volatility Comparison
Worthington Steel Inc (WS) and AAR Corp. (AIR) have volatilities of 13.13% and 13.62%, 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.
Loading charts...
Volatility by Period
| WS | AIR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.13% | 13.62% | -0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 35.02% | 30.97% | +4.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.47% | 40.40% | +9.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 52.20% | 35.28% | +16.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.20% | 45.25% | +6.95% |
Dividends
WS vs. AIR - Dividend Comparison
WS's dividend yield for the trailing twelve months is around 1.52%, while AIR has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AIR AAR Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.41% | 0.67% | 0.80% | 0.76% | 0.91% | 1.14% |
WS Worthington Steel Inc | 1.52% | 1.85% | 2.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
WS vs. AIR - Financials Comparison
This section allows you to compare key financial metrics between Worthington Steel Inc and AAR Corp.. 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
WS vs. AIR - Profitability Comparison
WS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a gross profit of 76.10M and revenue of 769.80M. Therefore, the gross margin over that period was 9.9%.
AIR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported a gross profit of 154.70M and revenue of 845.10M. Therefore, the gross margin over that period was 18.3%.
WS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported an operating income of -1.40M and revenue of 769.80M, resulting in an operating margin of -0.2%.
AIR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported an operating income of 64.80M and revenue of 845.10M, resulting in an operating margin of 7.7%.
WS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Worthington Steel Inc reported a net income of 10.40M and revenue of 769.80M, resulting in a net margin of 1.4%.
AIR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AAR Corp. reported a net income of 68.00M and revenue of 845.10M, resulting in a net margin of 8.1%.
Frequently Asked Questions
WS and AIR have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AIR has higher volatility (13.62%) compared to WS (13.13%). In terms of maximum drawdown, WS dropped -50.98% vs AIR's -89.04%.
AIR currently has the higher Sharpe Ratio (1.81 vs 1.29), 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.
Find the right allocation for WS and AIR
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer