BSX vs. ONDS
BSX (Boston Scientific Corporation) and ONDS (Ondas Holdings Inc.) are both stocks. BSX operates in Medical Devices (Healthcare), while ONDS operates in Communication Equipment (Technology). Over the past 5 years, BSX returned 1.80%/yr vs 4.12%/yr for ONDS. At a 0.08 correlation, their price movements are largely independent.
Performance
BSX vs. ONDS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSX achieves a -50.96% return, which is significantly lower than ONDS's -2.56% return.
BSX
- 1D
- -0.32%
- 1M
- -11.24%
- YTD
- -50.96%
- 6M
- -49.28%
- 1Y
- -53.12%
- 3Y*
- -4.87%
- 5Y*
- 1.80%
- 10Y*
- 7.59%
ONDS
- 1D
- 1.93%
- 1M
- -10.45%
- YTD
- -2.56%
- 6M
- 23.67%
- 1Y
- 422.53%
- 3Y*
- 109.79%
- 5Y*
- 4.12%
- 10Y*
- —
BSX vs. ONDS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
BSX Boston Scientific Corporation | -50.96% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | -0.95% |
ONDS Ondas Holdings Inc. | -2.56% | 281.25% | 67.32% | -3.77% | -76.30% | -28.08% | -48.17% | 0.00% | 33.33% |
Correlation
The correlation between BSX and ONDS is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2018 | 0.08 |
The correlation between BSX and ONDS shifts across timeframes, from -0.01 (1 year) to 0.11 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
BSX:
$2.38
ONDS:
$1.54
BSX:
19.67
ONDS:
6.18
BSX:
3.39
ONDS:
15.56
BSX:
$20.62B
ONDS:
$96.60M
BSX:
$14.52B
ONDS:
$43.33M
BSX:
$4.76B
ONDS:
-$75.39M
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
BSX vs. ONDS — Risk / Return Rank
BSX
ONDS
BSX vs. ONDS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Boston Scientific Corporation (BSX) and Ondas Holdings Inc. (ONDS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSX | ONDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.90 | ||
| Sortino ratioReturn per unit of downside risk | -5.68 | ||
| Omega ratioGain probability vs. loss probability | 0.66 | 1.38 | -0.72 |
| Calmar ratioReturn relative to maximum drawdown | -0.94 | 7.98 | -8.92 |
| Martin ratioReturn relative to average drawdown | -2.01 | 17.70 | -19.71 |
Loading charts...
Drawdowns
BSX vs. ONDS - Drawdown Comparison
The maximum BSX drawdown since its inception was -89.15%, smaller than the maximum ONDS drawdown of -98.28%. Use the drawdown chart below to compare losses from any high point for BSX and ONDS.
Loading charts...
Drawdown Indicators
| BSX | ONDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.15% | -98.28% | +9.13% |
Max Drawdown (1Y)Largest decline over 1 year | -56.76% | -53.37% | -3.39% |
Max Drawdown (3Y)Largest decline over 3 years | -56.76% | -83.28% | +26.52% |
Max Drawdown (5Y)Largest decline over 5 years | -56.76% | -96.99% | +40.23% |
Max Drawdown (10Y)Largest decline over 10 years | -56.76% | — | — |
Current DrawdownCurrent decline from peak | -56.76% | -51.23% | -5.53% |
Average DrawdownAverage peak-to-trough decline | -38.76% | -71.40% | +32.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 26.47% | 24.10% | +2.37% |
Volatility
BSX vs. ONDS - Volatility Comparison
The current volatility for Boston Scientific Corporation (BSX) is 15.76%, while Ondas Holdings Inc. (ONDS) has a volatility of 36.79%. This indicates that BSX experiences smaller price fluctuations and is considered to be less risky than ONDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSX | ONDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.76% | 36.79% | -21.03% |
Volatility (6M)Calculated over the trailing 6-month period | 32.82% | 77.89% | -45.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.80% | 126.76% | -91.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.69% | 113.81% | -88.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.30% | 120.70% | -93.40% |
Dividends
BSX vs. ONDS - Dividend Comparison
Neither BSX nor ONDS has paid dividends to shareholders.
Financials
BSX vs. ONDS - Financials Comparison
This section allows you to compare key financial metrics between Boston Scientific Corporation and Ondas Holdings Inc.. 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
BSX and ONDS have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ONDS has higher volatility (36.79%) compared to BSX (15.76%). In terms of maximum drawdown, BSX dropped -89.15% vs ONDS's -98.28%.
ONDS currently has the higher Sharpe Ratio (3.37 vs -1.53), 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 BSX and ONDS
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