BDX vs. MDT
BDX (Becton, Dickinson and Company) and MDT (Medtronic plc) are both stocks. Both are in the Healthcare sector — BDX in Medical Instruments & Supplies, MDT in Medical Devices. Over the past 10 years, BDX returned 2.97%/yr vs 2.04%/yr for MDT. At a 0.40 correlation, their price movements are largely independent.
Performance
BDX vs. MDT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BDX achieves a -1.06% return, which is significantly higher than MDT's -15.31% return. Over the past 10 years, BDX has outperformed MDT with an annualized return of 2.97%, while MDT has yielded a comparatively lower 2.04% annualized return.
BDX
- 1D
- -0.77%
- 1M
- 0.37%
- YTD
- -1.06%
- 6M
- 1.32%
- 1Y
- 12.58%
- 3Y*
- -7.20%
- 5Y*
- -2.73%
- 10Y*
- 2.97%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
BDX vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | -1.06% | -12.61% | -5.38% | -2.67% | 5.08% | 1.88% | -6.75% | 22.20% | 6.61% | 31.24% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between BDX and MDT is 0.54, 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 | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 1987 | 0.40 |
The correlation between BDX and MDT shifts across timeframes, from 0.40 (all time) to 0.54 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
BDX:
$42.09B
MDT:
$103.94B
BDX:
$3.99
MDT:
$3.58
BDX:
37.61
MDT:
22.52
BDX:
2.00
MDT:
2.93
BDX:
$21.37B
MDT:
$35.48B
BDX:
$9.93B
MDT:
$5.78B
BDX:
$4.16B
MDT:
$7.11B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BDX vs. MDT — Risk / Return Rank
BDX
MDT
BDX vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Becton, Dickinson and Company (BDX) and Medtronic plc (MDT). 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.
| BDX | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 0.98 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.56 | -0.17 | +0.72 |
| Martin ratioReturn relative to average drawdown | 1.32 | -0.43 | +1.75 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BDX | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | -0.23 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | -0.24 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.13 | 0.09 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.47 | -0.05 |
Drawdowns
BDX vs. MDT - Drawdown Comparison
The maximum BDX drawdown since its inception was -51.17%, smaller than the maximum MDT drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for BDX and MDT.
Loading charts...
Drawdown Indicators
| BDX | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.17% | -57.63% | +6.46% |
Max Drawdown (1Y)Largest decline over 1 year | -22.73% | -28.90% | +6.17% |
Max Drawdown (3Y)Largest decline over 3 years | -40.06% | -28.90% | -11.16% |
Max Drawdown (5Y)Largest decline over 5 years | -40.06% | -45.10% | +5.04% |
Max Drawdown (10Y)Largest decline over 10 years | -40.06% | -45.10% | +5.04% |
Current DrawdownCurrent decline from peak | -29.13% | -30.81% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -11.58% | -16.54% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.52% | 11.17% | -1.65% |
Volatility
BDX vs. MDT - Volatility Comparison
The current volatility for Becton, Dickinson and Company (BDX) is 8.21%, while Medtronic plc (MDT) has a volatility of 10.04%. This indicates that BDX experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BDX | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.21% | 10.04% | -1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 16.19% | +2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.03% | 20.95% | +4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.29% | 21.93% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.58% | 23.24% | +0.34% |
Dividends
BDX vs. MDT - Dividend Comparison
BDX's dividend yield for the trailing twelve months is around 2.34%, less than MDT's 3.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | 2.34% | 2.15% | 1.71% | 1.51% | 1.38% | 1.34% | 1.28% | 1.14% | 1.34% | 1.37% | 1.64% | 1.60% |
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
BDX vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between Becton, Dickinson and Company and Medtronic plc. 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
Frequently Asked Questions
BDX and MDT have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.04%) compared to BDX (8.21%). In terms of maximum drawdown, BDX dropped -51.17% vs MDT's -57.63%.
BDX currently has the higher Sharpe Ratio (0.51 vs -0.23), 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.
Find the right allocation for BDX and MDT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer