XPO vs. ODFL
XPO (XPO Logistics, Inc.) and ODFL (Old Dominion Freight Line, Inc.) are both stocks. Both are in the Industrials sector — XPO in Integrated Freight & Logistics, ODFL in Trucking. Over the past 10 years, XPO returned 37.20%/yr vs 27.87%/yr for ODFL. At a 0.38 correlation, their price movements are largely independent.
Performance
XPO vs. ODFL - Performance Comparison
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Returns By Period
In the year-to-date period, XPO achieves a 48.03% return, which is significantly higher than ODFL's 40.37% return. Over the past 10 years, XPO has outperformed ODFL with an annualized return of 37.20%, while ODFL has yielded a comparatively lower 27.87% annualized return.
XPO
- 1D
- 0.85%
- 1M
- -0.85%
- YTD
- 48.03%
- 6M
- 42.41%
- 1Y
- 67.87%
- 3Y*
- 57.56%
- 5Y*
- 31.43%
- 10Y*
- 37.20%
ODFL
- 1D
- -0.69%
- 1M
- 4.43%
- YTD
- 40.37%
- 6M
- 38.17%
- 1Y
- 41.22%
- 3Y*
- 10.99%
- 5Y*
- 12.21%
- 10Y*
- 27.87%
XPO vs. ODFL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XPO XPO Logistics, Inc. | 48.03% | 3.63% | 49.73% | 163.11% | -27.64% | 11.60% | 49.56% | 39.73% | -37.72% | 112.21% |
ODFL Old Dominion Freight Line, Inc. | 40.37% | -10.47% | -12.51% | 43.46% | -20.48% | 84.15% | 54.81% | 54.36% | -5.79% | 54.11% |
Correlation
The correlation between XPO and ODFL is 0.73, 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 | 0.73 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Oct 7, 2003 | 0.38 |
Over the past year, XPO and ODFL have become more correlated (0.73) than their long-term average of 0.38, meaning their price movements have been converging.
Fundamentals
XPO:
$23.94B
ODFL:
$45.95B
XPO:
$2.92
ODFL:
$4.78
XPO:
68.94
ODFL:
45.89
XPO:
2.59
ODFL:
12.37
XPO:
2.89
ODFL:
8.47
XPO:
12.93
ODFL:
10.44
XPO:
$8.30B
ODFL:
$5.46B
XPO:
$772.00M
ODFL:
$1.69B
XPO:
$1.20B
ODFL:
$1.71B
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Return for Risk
XPO vs. ODFL — Risk / Return Rank
XPO
ODFL
XPO vs. ODFL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for XPO Logistics, Inc. (XPO) and Old Dominion Freight Line, Inc. (ODFL). 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.
| XPO | ODFL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.49 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.20 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | 1.59 | +2.78 |
| Martin ratioReturn relative to average drawdown | 10.15 | 3.52 | +6.63 |
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Drawdowns
XPO vs. ODFL - Drawdown Comparison
The maximum XPO drawdown since its inception was -82.85%, which is greater than ODFL's maximum drawdown of -66.29%. Use the drawdown chart below to compare losses from any high point for XPO and ODFL.
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Drawdown Indicators
| XPO | ODFL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.85% | -66.29% | -16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.63% | -26.06% | +10.43% |
Max Drawdown (3Y)Largest decline over 3 years | -42.19% | -45.18% | +2.99% |
Max Drawdown (5Y)Largest decline over 5 years | -53.17% | -45.18% | -7.99% |
Max Drawdown (10Y)Largest decline over 10 years | -64.48% | -45.18% | -19.30% |
Current DrawdownCurrent decline from peak | -11.90% | -11.74% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -30.24% | -19.08% | -11.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.71% | 11.73% | -5.02% |
Volatility
XPO vs. ODFL - Volatility Comparison
XPO Logistics, Inc. (XPO) and Old Dominion Freight Line, Inc. (ODFL) have volatilities of 12.98% and 12.79%, 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
| XPO | ODFL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.98% | 12.79% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 33.04% | 30.23% | +2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.45% | 39.66% | +4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.00% | 36.59% | +10.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.79% | 33.18% | +14.61% |
Dividends
XPO vs. ODFL - Dividend Comparison
XPO has not paid dividends to shareholders, while ODFL's dividend yield for the trailing twelve months is around 0.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
ODFL Old Dominion Freight Line, Inc. | 0.52% | 0.71% | 0.59% | 0.39% | 0.42% | 0.22% | 0.31% | 0.36% | 0.42% | 0.38% |
XPO XPO Logistics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
XPO vs. ODFL - Financials Comparison
This section allows you to compare key financial metrics between XPO Logistics, Inc. and Old Dominion Freight Line, 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
XPO vs. ODFL - Profitability Comparison
XPO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported a gross profit of 0.00 and revenue of 2.10B. Therefore, the gross margin over that period was 0.0%.
ODFL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported a gross profit of 369.26M and revenue of 1.33B. Therefore, the gross margin over that period was 27.7%.
XPO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported an operating income of 174.00M and revenue of 2.10B, resulting in an operating margin of 8.3%.
ODFL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported an operating income of 317.34M and revenue of 1.33B, resulting in an operating margin of 23.8%.
XPO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, XPO Logistics, Inc. reported a net income of 101.00M and revenue of 2.10B, resulting in a net margin of 4.8%.
ODFL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Old Dominion Freight Line, Inc. reported a net income of 238.26M and revenue of 1.33B, resulting in a net margin of 17.9%.
Frequently Asked Questions
XPO and ODFL have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XPO has higher volatility (12.98%) compared to ODFL (12.79%). In terms of maximum drawdown, XPO dropped -82.85% vs ODFL's -66.29%.
XPO currently has the higher Sharpe Ratio (1.54 vs 1.05), 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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