BAX vs. EW
Compare and contrast key facts about Baxter International Inc. (BAX) and Edwards Lifesciences Corporation (EW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BAX or EW.
Correlation
The correlation between BAX and EW is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BAX vs. EW - Performance Comparison
Key characteristics
BAX:
-0.87
EW:
-0.04
BAX:
-1.17
EW:
0.23
BAX:
0.86
EW:
1.05
BAX:
-0.35
EW:
-0.03
BAX:
-1.49
EW:
-0.10
BAX:
15.58%
EW:
19.13%
BAX:
26.60%
EW:
41.63%
BAX:
-68.86%
EW:
-54.32%
BAX:
-66.14%
EW:
-43.43%
Fundamentals
BAX:
$15.13B
EW:
$43.72B
BAX:
$0.25
EW:
$2.59
BAX:
118.56
EW:
28.62
BAX:
1.70
EW:
6.79
BAX:
$13.99B
EW:
$5.87B
BAX:
$5.28B
EW:
$4.57B
BAX:
$1.92B
EW:
$1.70B
Returns By Period
In the year-to-date period, BAX achieves a -23.09% return, which is significantly lower than EW's -3.04% return. Over the past 10 years, BAX has underperformed EW with an annualized return of -1.89%, while EW has yielded a comparatively higher 12.87% annualized return.
BAX
-23.09%
-10.68%
-13.91%
-22.97%
-17.31%
-1.89%
EW
-3.04%
5.31%
-16.78%
-0.26%
-1.27%
12.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BAX vs. EW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baxter International Inc. (BAX) and Edwards Lifesciences Corporation (EW). 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.
Dividends
BAX vs. EW - Dividend Comparison
BAX's dividend yield for the trailing twelve months is around 3.60%, while EW has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAX Baxter International Inc. | 3.60% | 3.00% | 2.26% | 1.27% | 1.21% | 1.02% | 1.11% | 0.94% | 1.14% | 0.60% | 0.00% | 0.00% |
EW Edwards Lifesciences 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% |
Drawdowns
BAX vs. EW - Drawdown Comparison
The maximum BAX drawdown since its inception was -68.86%, which is greater than EW's maximum drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for BAX and EW. For additional features, visit the drawdowns tool.
Volatility
BAX vs. EW - Volatility Comparison
The current volatility for Baxter International Inc. (BAX) is 6.49%, while Edwards Lifesciences Corporation (EW) has a volatility of 8.18%. This indicates that BAX experiences smaller price fluctuations and is considered to be less risky than EW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BAX vs. EW - Financials Comparison
This section allows you to compare key financial metrics between Baxter International Inc. and Edwards Lifesciences 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