BDX vs. SHY
BDX (Becton, Dickinson and Company) is a stock, while SHY (iShares 1-3 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE US Treasury 1-3 Year Index. Over the past 10 years, BDX returned 2.71%/yr vs 1.65%/yr for SHY. At a correlation of -0.08, they often move in opposite directions.
Performance
BDX vs. SHY - Performance Comparison
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Returns By Period
In the year-to-date period, BDX achieves a -3.95% return, which is significantly lower than SHY's 0.43% return. Over the past 10 years, BDX has outperformed SHY with an annualized return of 2.71%, while SHY has yielded a comparatively lower 1.65% annualized return.
BDX
- 1D
- 0.82%
- 1M
- -0.48%
- YTD
- -3.95%
- 6M
- -3.18%
- 1Y
- 11.08%
- 3Y*
- -8.04%
- 5Y*
- -3.03%
- 10Y*
- 2.71%
SHY
- 1D
- -0.05%
- 1M
- 0.08%
- YTD
- 0.43%
- 6M
- 0.69%
- 1Y
- 3.32%
- 3Y*
- 4.03%
- 5Y*
- 1.71%
- 10Y*
- 1.65%
BDX vs. SHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | -3.95% | -12.61% | -5.38% | -2.67% | 5.08% | 1.88% | -6.75% | 22.20% | 6.61% | 31.24% |
SHY iShares 1-3 Year Treasury Bond ETF | 0.43% | 4.95% | 3.92% | 4.16% | -3.88% | -0.71% | 3.03% | 3.38% | 1.46% | 0.26% |
Correlation
The correlation between BDX and SHY is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.02 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2002 | -0.08 |
The correlation between BDX and SHY shifts across timeframes, from -0.08 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
BDX vs. SHY — Risk / Return Rank
BDX
SHY
BDX vs. SHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Becton, Dickinson and Company (BDX) and iShares 1-3 Year Treasury Bond ETF (SHY). 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 | SHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.04 | ||
| Sortino ratioReturn per unit of downside risk | -3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.51 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 3.75 | -3.26 |
| Martin ratioReturn relative to average drawdown | 1.19 | 15.21 | -14.01 |
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
| BDX | SHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.45 | 2.49 | -2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.13 | 0.87 | -1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.12 | 1.06 | -0.94 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 1.28 | -0.86 |
Drawdowns
BDX vs. SHY - Drawdown Comparison
The maximum BDX drawdown since its inception was -51.17%, which is greater than SHY's maximum drawdown of -5.71%. Use the drawdown chart below to compare losses from any high point for BDX and SHY.
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Drawdown Indicators
| BDX | SHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.17% | -5.71% | -45.46% |
Max Drawdown (1Y)Largest decline over 1 year | -22.73% | -0.89% | -21.84% |
Max Drawdown (3Y)Largest decline over 3 years | -40.06% | -0.97% | -39.09% |
Max Drawdown (5Y)Largest decline over 5 years | -40.06% | -5.71% | -34.35% |
Max Drawdown (10Y)Largest decline over 10 years | -40.06% | -5.71% | -34.35% |
Current DrawdownCurrent decline from peak | -31.20% | -0.31% | -30.89% |
Average DrawdownAverage peak-to-trough decline | -11.57% | -0.52% | -11.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.31% | 0.22% | +9.09% |
Volatility
BDX vs. SHY - Volatility Comparison
Becton, Dickinson and Company (BDX) has a higher volatility of 9.74% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.35%. This indicates that BDX's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BDX | SHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.74% | 0.35% | +9.39% |
Volatility (6M)Calculated over the trailing 6-month period | 18.17% | 0.92% | +17.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.85% | 1.34% | +23.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.25% | 1.98% | +21.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.55% | 1.57% | +21.98% |
Dividends
BDX vs. SHY - Dividend Comparison
BDX's dividend yield for the trailing twelve months is around 2.41%, less than SHY's 3.68% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDX Becton, Dickinson and Company | 2.41% | 2.15% | 1.71% | 1.51% | 1.38% | 1.34% | 1.28% | 1.14% | 1.34% | 1.37% | 1.64% | 1.60% |
SHY iShares 1-3 Year Treasury Bond ETF | 3.68% | 3.81% | 3.92% | 2.99% | 1.30% | 0.26% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% |
Frequently Asked Questions
BDX and SHY have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BDX has higher volatility (9.74%) compared to SHY (0.35%). In terms of maximum drawdown, BDX dropped -51.17% vs SHY's -5.71%.
SHY currently has the higher Sharpe Ratio (2.49 vs 0.45), 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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