AXTA vs. BSX
AXTA (Axalta Coating Systems Ltd.) and BSX (Boston Scientific Corporation) are both stocks. AXTA operates in Specialty Chemicals (Basic Materials), while BSX operates in Medical Devices (Healthcare). Over the past 10 years, AXTA returned 1.16%/yr vs 7.66%/yr for BSX. At a 0.33 correlation, their price movements are largely independent.
Performance
AXTA vs. BSX - Performance Comparison
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Returns By Period
In the year-to-date period, AXTA achieves a -3.50% return, which is significantly higher than BSX's -49.98% return. Over the past 10 years, AXTA has underperformed BSX with an annualized return of 1.16%, while BSX has yielded a comparatively higher 7.66% annualized return.
AXTA
- 1D
- 2.63%
- 1M
- 16.82%
- YTD
- -3.50%
- 6M
- 3.93%
- 1Y
- 1.73%
- 3Y*
- -0.27%
- 5Y*
- -0.89%
- 10Y*
- 1.16%
BSX
- 1D
- 0.02%
- 1M
- -16.11%
- YTD
- -49.98%
- 6M
- -51.62%
- 1Y
- -53.74%
- 3Y*
- -2.73%
- 5Y*
- 2.56%
- 10Y*
- 7.66%
AXTA vs. BSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXTA Axalta Coating Systems Ltd. | -3.50% | -5.58% | 0.74% | 33.37% | -23.10% | 16.01% | -6.09% | 29.80% | -27.63% | 18.97% |
BSX Boston Scientific Corporation | -49.98% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | 42.56% | 14.61% |
Correlation
The correlation between AXTA and BSX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Nov 13, 2014 | 0.33 |
The correlation between AXTA and BSX shifts across timeframes, from 0.16 (1 year) to 0.33 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AXTA:
$6.69B
BSX:
$71.30B
AXTA:
$1.71
BSX:
$2.38
AXTA:
18.25
BSX:
20.07
AXTA:
1.20
BSX:
0.45
AXTA:
1.32
BSX:
3.46
AXTA:
2.76
BSX:
2.76
AXTA:
$5.11B
BSX:
$20.62B
AXTA:
$1.23B
BSX:
$14.52B
AXTA:
$922.00M
BSX:
$4.76B
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Return for Risk
AXTA vs. BSX — Risk / Return Rank
AXTA
BSX
AXTA vs. BSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Axalta Coating Systems Ltd. (AXTA) and Boston Scientific Corporation (BSX). 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.
| AXTA | BSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.61 | ||
| Sortino ratioReturn per unit of downside risk | +2.69 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 0.65 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 0.06 | -0.96 | +1.02 |
| Martin ratioReturn relative to average drawdown | 0.14 | -2.19 | +2.33 |
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
| AXTA | BSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.06 | -1.56 | +1.61 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.10 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.28 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.19 | -0.08 |
Drawdowns
AXTA vs. BSX - Drawdown Comparison
The maximum AXTA drawdown since its inception was -63.60%, smaller than the maximum BSX drawdown of -89.15%. Use the drawdown chart below to compare losses from any high point for AXTA and BSX.
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Drawdown Indicators
| AXTA | BSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.60% | -89.15% | +25.55% |
Max Drawdown (1Y)Largest decline over 1 year | -28.48% | -55.91% | +27.43% |
Max Drawdown (3Y)Largest decline over 3 years | -38.39% | -55.91% | +17.52% |
Max Drawdown (5Y)Largest decline over 5 years | -38.39% | -55.91% | +17.52% |
Max Drawdown (10Y)Largest decline over 10 years | -63.60% | -55.91% | -7.69% |
Current DrawdownCurrent decline from peak | -24.49% | -55.90% | +31.41% |
Average DrawdownAverage peak-to-trough decline | -21.72% | -38.75% | +17.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.12% | 24.56% | -12.44% |
Volatility
AXTA vs. BSX - Volatility Comparison
The current volatility for Axalta Coating Systems Ltd. (AXTA) is 10.24%, while Boston Scientific Corporation (BSX) has a volatility of 16.20%. This indicates that AXTA experiences smaller price fluctuations and is considered to be less risky than BSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXTA | BSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.24% | 16.20% | -5.96% |
Volatility (6M)Calculated over the trailing 6-month period | 24.27% | 32.82% | -8.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.04% | 34.63% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.42% | 25.66% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.20% | 27.29% | +4.91% |
Dividends
AXTA vs. BSX - Dividend Comparison
Neither AXTA nor BSX has paid dividends to shareholders.
Financials
AXTA vs. BSX - Financials Comparison
This section allows you to compare key financial metrics between Axalta Coating Systems Ltd. and Boston Scientific 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
AXTA vs. BSX - Profitability Comparison
AXTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Axalta Coating Systems Ltd. reported a gross profit of 0.00 and revenue of 1.25B. Therefore, the gross margin over that period was 0.0%.
BSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a gross profit of 3.61B and revenue of 5.20B. Therefore, the gross margin over that period was 69.4%.
AXTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Axalta Coating Systems Ltd. reported an operating income of 146.00M and revenue of 1.25B, resulting in an operating margin of 11.6%.
BSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported an operating income of 1.07B and revenue of 5.20B, resulting in an operating margin of 20.6%.
AXTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Axalta Coating Systems Ltd. reported a net income of 90.00M and revenue of 1.25B, resulting in a net margin of 7.2%.
BSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a net income of 1.34B and revenue of 5.20B, resulting in a net margin of 25.7%.
Frequently Asked Questions
AXTA and BSX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSX has higher volatility (16.20%) compared to AXTA (10.24%). In terms of maximum drawdown, AXTA dropped -63.60% vs BSX's -89.15%.
AXTA currently has the higher Sharpe Ratio (0.06 vs -1.56), 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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