ALLE vs. INCY
ALLE (Allegion plc) and INCY (Incyte Corporation) are both stocks. ALLE operates in Security & Protection Services (Industrials), while INCY operates in Biotechnology (Healthcare). Over the past 10 years, ALLE returned 8.36%/yr vs 3.13%/yr for INCY. At a 0.27 correlation, their price movements are largely independent.
Performance
ALLE vs. INCY - Performance Comparison
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Returns By Period
In the year-to-date period, ALLE achieves a -15.54% return, which is significantly lower than INCY's 9.88% return. Over the past 10 years, ALLE has outperformed INCY with an annualized return of 8.36%, while INCY has yielded a comparatively lower 3.13% annualized return.
ALLE
- 1D
- 0.19%
- 1M
- 6.62%
- YTD
- -15.54%
- 6M
- -16.12%
- 1Y
- -0.00%
- 3Y*
- 5.93%
- 5Y*
- 0.75%
- 10Y*
- 8.36%
INCY
- 1D
- 0.65%
- 1M
- 13.87%
- YTD
- 9.88%
- 6M
- 13.75%
- 1Y
- 60.19%
- 3Y*
- 20.55%
- 5Y*
- 5.62%
- 10Y*
- 3.13%
ALLE vs. INCY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | -15.54% | 23.54% | 4.66% | 22.32% | -19.26% | 15.06% | -5.41% | 57.89% | 1.18% | 25.32% |
INCY Incyte Corporation | 9.88% | 43.00% | 10.00% | -21.83% | 9.43% | -15.61% | -0.39% | 37.32% | -32.86% | -5.55% |
Correlation
The correlation between ALLE and INCY is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.27 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2013 | 0.27 |
Fundamentals
ALLE:
$11.60B
INCY:
$22.45B
ALLE:
$7.33
INCY:
$7.06
ALLE:
18.29
INCY:
15.38
ALLE:
2.04
INCY:
0.02
ALLE:
2.79
INCY:
4.11
ALLE:
5.52
INCY:
3.99
ALLE:
$4.16B
INCY:
$5.36B
ALLE:
$1.87B
INCY:
$3.76B
ALLE:
$965.50M
INCY:
$1.80B
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Return for Risk
ALLE vs. INCY — Risk / Return Rank
ALLE
INCY
ALLE vs. INCY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegion plc (ALLE) and Incyte Corporation (INCY). 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.
| ALLE | INCY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.44 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 1.31 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.07 | 3.11 | -3.18 |
| Martin ratioReturn relative to average drawdown | -0.16 | 6.94 | -7.10 |
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Drawdowns
ALLE vs. INCY - Drawdown Comparison
The maximum ALLE drawdown since its inception was -43.25%, smaller than the maximum INCY drawdown of -98.54%. Use the drawdown chart below to compare losses from any high point for ALLE and INCY.
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Drawdown Indicators
| ALLE | INCY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.25% | -98.54% | +55.29% |
Max Drawdown (1Y)Largest decline over 1 year | -29.84% | -18.33% | -11.51% |
Max Drawdown (3Y)Largest decline over 3 years | -29.84% | -33.83% | +3.99% |
Max Drawdown (5Y)Largest decline over 5 years | -38.87% | -41.06% | +2.19% |
Max Drawdown (10Y)Largest decline over 10 years | -43.25% | -66.47% | +23.22% |
Current DrawdownCurrent decline from peak | -25.19% | -28.91% | +3.72% |
Average DrawdownAverage peak-to-trough decline | -11.00% | -59.88% | +48.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.18% | 8.21% | +4.97% |
Volatility
ALLE vs. INCY - Volatility Comparison
The current volatility for Allegion plc (ALLE) is 7.88%, while Incyte Corporation (INCY) has a volatility of 9.64%. This indicates that ALLE experiences smaller price fluctuations and is considered to be less risky than INCY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALLE | INCY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.88% | 9.64% | -1.76% |
Volatility (6M)Calculated over the trailing 6-month period | 20.08% | 22.73% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.14% | 33.10% | -7.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.10% | 29.32% | -3.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.81% | 34.29% | -7.48% |
Dividends
ALLE vs. INCY - Dividend Comparison
ALLE's dividend yield for the trailing twelve months is around 1.55%, while INCY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALLE Allegion plc | 1.17% | 1.28% | 1.47% | 1.42% | 1.56% | 1.09% | 1.10% | 0.87% | 1.05% | 0.80% | 0.75% | 0.61% |
INCY Incyte Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ALLE vs. INCY - Financials Comparison
This section allows you to compare key financial metrics between Allegion plc and Incyte Corporation. 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
ALLE vs. INCY - Profitability Comparison
ALLE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a gross profit of 454.50M and revenue of 1.03B. Therefore, the gross margin over that period was 44.0%.
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a gross profit of 0.00 and revenue of 1.27B. Therefore, the gross margin over that period was 0.0%.
ALLE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported an operating income of 195.30M and revenue of 1.03B, resulting in an operating margin of 18.9%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported an operating income of 301.12M and revenue of 1.27B, resulting in an operating margin of 23.7%.
ALLE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegion plc reported a net income of 138.10M and revenue of 1.03B, resulting in a net margin of 13.4%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Incyte Corporation reported a net income of 303.33M and revenue of 1.27B, resulting in a net margin of 23.8%.
Frequently Asked Questions
ALLE and INCY have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INCY has higher volatility (9.64%) compared to ALLE (7.88%). In terms of maximum drawdown, ALLE dropped -43.25% vs INCY's -98.54%.
INCY currently has the higher Sharpe Ratio (1.72 vs -0.08), 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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