BIO vs. DIS

Last updated Jun 4, 2026

BIO (Bio-Rad Laboratories, Inc.) and DIS (The Walt Disney Company) are both stocks. BIO operates in Medical Devices (Healthcare), while DIS operates in Entertainment (Communication Services). Over the past 10 years, BIO returned 7.47%/yr vs 0.88%/yr for DIS. At a 0.24 correlation, their price movements are largely independent.

Performance

BIO vs. DIS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bio-Rad Laboratories, Inc. (BIO) and The Walt Disney Company (DIS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BIO achieves a 0.61% return, which is significantly higher than DIS's -12.64% return. Over the past 10 years, BIO has outperformed DIS with an annualized return of 7.47%, while DIS has yielded a comparatively lower 0.88% annualized return.

BIO

• 1D: -0.42%
• 1M: 18.22%
• YTD: 0.61%
• 6M: -4.84%
• 1Y: 38.20%
• 3Y*: -6.45%
• 5Y*: -12.11%
• 10Y*: 7.47%

DIS

• 1D: -1.99%
• 1M: -1.90%
• YTD: -12.64%
• 6M: -5.37%
• 1Y: -11.54%
• 3Y*: 3.87%
• 5Y*: -10.50%
• 10Y*: 0.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BIO vs. DIS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BIO Bio-Rad Laboratories, Inc.	0.61%	-7.77%	1.74%	-23.21%	-44.35%	29.61%	57.54%	59.34%	-2.70%	30.94%
DIS The Walt Disney Company	-12.64%	3.30%	24.44%	4.26%	-43.91%	-14.51%	25.27%	33.51%	3.61%	4.76%

Correlation

The correlation between BIO and DIS is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (3Y) Calculated over the trailing 3-year period	0.28
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Feb 28, 1980	0.24

Fundamentals

Market Cap BIO : $8.22B DIS : $176.12B
EPS BIO : $6.24 DIS : $6.25
PE Ratio BIO : 48.81 DIS : 15.90
PEG Ratio BIO : 0.45 DIS : 0.22
PS Ratio BIO : 3.18 DIS : 1.83
PB Ratio BIO : 1.20 DIS : 1.62
Total Revenue (TTM) BIO : $2.59B DIS : $97.26B
Gross Profit (TTM) BIO : $1.34B DIS : $36.14B
EBITDA (TTM) BIO : $746.20M DIS : $20.74B

Return for Risk

BIO vs. DIS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BIO

BIO Risk / Return Rank: 68
BIO Sharpe Ratio Rank: 70
BIO Sortino Ratio Rank: 68
BIO Omega Ratio Rank: 68
BIO Calmar Ratio Rank: 66
BIO Martin Ratio Rank: 67

DIS

DIS Risk / Return Rank: 21
DIS Sharpe Ratio Rank: 20
DIS Sortino Ratio Rank: 19
DIS Omega Ratio Rank: 19
DIS Calmar Ratio Rank: 25
DIS Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BIO vs. DIS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bio-Rad Laboratories, Inc. (BIO) and The Walt Disney Company (DIS). 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.

	BIO	DIS	Difference
Sharpe ratio Return per unit of total volatility	0.94	-0.48	+1.41
Sortino ratio Return per unit of downside risk	1.64	-0.53	+2.16
Omega ratio Gain probability vs. loss probability	1.21	0.94	+0.28
Calmar ratio Return relative to maximum drawdown	1.33	-0.46	+1.79
Martin ratio Return relative to average drawdown	3.19	-0.96	+4.15
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BIO vs. DIS - Sharpe Ratio Comparison

The current BIO Sharpe Ratio is 0.94, which is higher than the DIS Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of BIO and DIS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BIO	DIS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	-0.48	+1.41
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	-0.36	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.03	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.34	-0.07

Drawdowns

BIO vs. DIS - Drawdown Comparison

The maximum BIO drawdown since its inception was -83.64%, roughly equal to the maximum DIS drawdown of -85.66%. Use the drawdown chart below to compare losses from any high point for BIO and DIS.

Drawdown Indicators

	BIO	DIS	Difference
Max Drawdown Largest peak-to-trough decline	-83.64%	-85.66%	+2.02%
Max Drawdown (1Y) Largest decline over 1 year	-28.86%	-24.97%	-3.89%
Max Drawdown (3Y) Largest decline over 3 years	-48.76%	-32.86%	-15.90%
Max Drawdown (5Y) Largest decline over 5 years	-73.77%	-57.33%	-16.44%
Max Drawdown (10Y) Largest decline over 10 years	-73.77%	-60.72%	-13.05%
Current Drawdown Current decline from peak	-63.09%	-49.62%	-13.47%
Average Drawdown Average peak-to-trough decline	-27.73%	-26.77%	-0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.00%	12.05%	-0.05%

Volatility

BIO vs. DIS - Volatility Comparison

Bio-Rad Laboratories, Inc. (BIO) has a higher volatility of 15.46% compared to The Walt Disney Company (DIS) at 9.87%. This indicates that BIO's price experiences larger fluctuations and is considered to be riskier than DIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BIO	DIS	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.46%	9.87%	+5.59%
Volatility (6M) Calculated over the trailing 6-month period	28.42%	19.46%	+8.96%
Volatility (1Y) Calculated over the trailing 1-year period	41.02%	24.32%	+16.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.26%	29.32%	+7.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.02%	28.77%	+5.25%

Dividends

BIO vs. DIS - Dividend Comparison

BIO has not paid dividends to shareholders, while DIS's dividend yield for the trailing twelve months is around 1.26%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BIO Bio-Rad Laboratories, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIS The Walt Disney Company	1.26%	1.10%	0.85%	0.33%	0.00%	0.00%	0.00%	1.22%	1.57%	1.51%	1.43%	1.30%

Financials

BIO vs. DIS - Profitability Comparison

The chart below illustrates the profitability comparison between Bio-Rad Laboratories, Inc. and The Walt Disney Company over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

BIO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bio-Rad Laboratories, Inc. reported a gross profit of 309.40M and revenue of 592.10M. Therefore, the gross margin over that period was 52.3%.

DIS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported a gross profit of 9.27B and revenue of 25.17B. Therefore, the gross margin over that period was 36.8%.

BIO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bio-Rad Laboratories, Inc. reported an operating income of 34.10M and revenue of 592.10M, resulting in an operating margin of 5.8%.

DIS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported an operating income of 4.96B and revenue of 25.17B, resulting in an operating margin of 19.7%.

BIO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bio-Rad Laboratories, Inc. reported a net income of -527.10M and revenue of 592.10M, resulting in a net margin of -89.0%.

DIS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Walt Disney Company reported a net income of 2.25B and revenue of 25.17B, resulting in a net margin of 8.9%.

Frequently Asked Questions

Can I hold both BIO and DIS in my portfolio?

BIO and DIS have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BIO or DIS?

BIO has higher volatility (15.46%) compared to DIS (9.87%). In terms of maximum drawdown, BIO dropped -83.64% vs DIS's -85.66%.

Which has better risk-adjusted returns?

BIO currently has the higher Sharpe Ratio (0.94 vs -0.48), 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.