ONON vs WLK

Comparison between On Holding AG Class A (ONON, Company) and Westlake Corporation (WLK, Company).

ONON is from the Consumer Cyclical sector, while WLK is from the Basic Materials sector.

5-Year PerformanceONON has outperformed WLK, delivering a return of +0.2% compared to -0.4%

ONON vs WLK - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONON(COMPANY)	WLK(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	68.90%	75.85%
Sharpe Ratio	-0.66	0.37
5Y Beta	1.40	1.02
Industry	Footwear & Accessories	Specialty Chemicals
P/E Ratio	47.62	-10.44
Forward P/E	23.53	25.32
Dividend Yield	N/A	2.19%
5Y Dividends CAGR	N/A	19.74%
Debt to Equity	35.59%	65.17%
Free Cash Flow Yield	2.97%	-4.30%

Market Cap

Winner

ONON

$12B

WLK

$12B

Max Drawdown

Winner

ONON

68.90%

WLK

75.85%

Sharpe Ratio

ONON

-0.66

Winner

WLK

0.37

5Y Beta

ONON

1.40

Winner

WLK

1.02

Industry

ONON

Footwear & Accessories

WLK

Specialty Chemicals

P/E Ratio

ONON

47.62

Winner

WLK

-10.44

Forward P/E

Winner

ONON

23.53

WLK

25.32

Dividend Yield

ONON

N/A

WLK

2.19%

5Y Dividends CAGR

ONON

N/A

WLK

19.74%

Debt to Equity

Winner

ONON

35.59%

WLK

65.17%

Free Cash Flow Yield

Winner

ONON

2.97%

WLK

-4.30%

ONON vs WLK - Historical Returns

Returns include dividend reinvestment.

Period	ONON	WLK
1 month	+3.54%	-23.20%
3 months	-21.84%	-7.33%
6 months	-16.51%	+44.09%
1 year	-38.31%	+9.52%
5 years(CAGR)	+0.24%	-0.42%
10 years(CAGR)	N/A	+9.37%
Max(CAGR)	+0.24%	+13.90%

Winner

ONON

+3.54%

WLK

-23.20%

ONON

-21.84%

Winner

WLK

-7.33%

ONON

-16.51%

Winner

WLK

+44.09%

ONON

-38.31%

Winner

WLK

+9.52%

5Y(CAGR)

Winner

ONON

+0.24%

WLK

-0.42%

10Y(CAGR)

ONON

N/A

WLK

+9.37%

Max(CAGR)

ONON

+0.24%

Winner

WLK

+13.90%

ONON vs WLK - Annual Returns (2004 - 2026)

Returns include dividend reinvestment.

Year	ONON	WLK
2026	-24.60%	+25.08%
2025	-16.06%	-32.29%
2024	+104.67%	-17.35%
2023	+58.00%	+43.13%
2022	-55.64%	+6.44%
2021	+8.03%	+20.44%
2020	N/A	+20.33%
2019	N/A	+5.66%
2018	N/A	-38.75%
2017	N/A	+88.01%
2016	N/A	+6.09%
2015	N/A	-10.94%
2014	N/A	+2.29%
2013	N/A	+47.94%
2012	N/A	+106.60%
2011	N/A	-7.65%
2010	N/A	+72.45%
2009	N/A	+51.30%
2008	N/A	-13.26%
2007	N/A	-40.35%
2006	N/A	+8.56%
2005	N/A	-13.32%
2004	N/A	+128.15%

ONON vs WLK Drawdown Comparison

The maximum drawdown for ONON was -68.90%, occurring on Oct 10, 2022. Recovery took 717 trading sessions.

The maximum drawdown for WLK was -75.15%, occurring on Mar 16, 2020. Recovery took 958 trading sessions.

The current ONON drawdown is -44.36%. The current WLK drawdown is -40.59%.

Rank	ONON	WLK
#1	-68.90% Nov 17, 2021 - Sep 26, 2024	-75.15% May 21, 2018 - Mar 10, 2022
#2	-49.89% Jan 30, 2025 - Mar 30, 2026	-71.30% Feb 16, 2007 - Nov 4, 2010
#3	-25.31% Sep 17, 2021 - Nov 5, 2021	-64.19% Apr 9, 2024 - Nov 20, 2025
#4	-10.53% Oct 8, 2024 - Nov 11, 2024	-58.30% Sep 3, 2014 - Nov 20, 2017
#5	-8.46% Dec 3, 2024 - Jan 21, 2025	-51.04% Apr 26, 2011 - Mar 27, 2012
#6	-7.04% Nov 5, 2021 - Nov 16, 2021	-41.41% May 4, 2022 - Dec 14, 2023
#7	-4.58% Sep 26, 2024 - Oct 4, 2024	-39.81% Mar 9, 2005 - Feb 14, 2007
#8	-3.49% Nov 14, 2024 - Nov 19, 2024	-26.33% Mar 27, 2012 - Aug 6, 2012
#9	-2.53% Oct 4, 2024 - Oct 8, 2024	-19.12% Mar 20, 2013 - Jun 14, 2013
#10	-2.32% Jan 21, 2025 - Jan 23, 2025	-12.32% Mar 9, 2018 - May 16, 2018
#11	-0.97% Nov 25, 2024 - Dec 2, 2024	-12.27% Jan 4, 2011 - Feb 14, 2011
#12	-0.91% Jan 23, 2025 - Jan 28, 2025	-12.06% Nov 6, 2012 - Dec 7, 2012
#13	-0.17% Nov 11, 2024 - Nov 14, 2024	-10.88% Dec 1, 2004 - Dec 22, 2004
#14	N/A	-10.82% Mar 25, 2022 - Apr 19, 2022
#15	N/A	-10.57% Jan 26, 2018 - Mar 5, 2018