CBOE vs. MPTI

Last updated Jun 20, 2026

CBOE (Cboe Global Markets, Inc.) and MPTI (M-tron Industries Inc) are both stocks. CBOE operates in Financial Data & Stock Exchanges (Financial Services), while MPTI operates in Electronic Components (Technology). Over the past 3 years, CBOE returned 23.37%/yr vs 112.37%/yr for MPTI. At a correlation of -0.04, they often move in opposite directions.

Performance

CBOE vs. MPTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cboe Global Markets, Inc. (CBOE) and M-tron Industries Inc (MPTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CBOE achieves a -0.30% return, which is significantly lower than MPTI's 80.27% return.

CBOE

• 1D: -2.19%
• 1M: -30.84%
• YTD: -0.30%
• 6M: 1.20%
• 1Y: 10.59%
• 3Y*: 23.37%
• 5Y*: 18.61%
• 10Y*: 16.23%

MPTI

• 1D: -0.22%
• 1M: 22.08%
• YTD: 80.27%
• 6M: 82.15%
• 1Y: 139.37%
• 3Y*: 112.37%
• 5Y*: —
• 10Y*: —

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

CBOE vs. MPTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CBOE Cboe Global Markets, Inc.	-0.30%	29.96%	10.74%	44.37%	7.33%
MPTI M-tron Industries Inc	80.27%	31.87%	35.66%	308.00%	9.37%

Correlation

The correlation between CBOE and MPTI is -0.08, 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	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Oct 3, 2022	-0.04

Fundamentals

Market Cap CBOE : $26.16B MPTI : $342.70M
EPS CBOE : $11.77 MPTI : $2.86
PE Ratio CBOE : 21.17 MPTI : 33.53
PEG Ratio CBOE : 0.39 MPTI : 0.59
PS Ratio CBOE : 5.46 MPTI : 5.47
PB Ratio CBOE : 4.87 MPTI : 4.69
Total Revenue (TTM) CBOE : $4.79B MPTI : $56.37M
Gross Profit (TTM) CBOE : $2.50B MPTI : $25.34M
EBITDA (TTM) CBOE : $1.87B MPTI : $12.24M

Return for Risk

CBOE vs. MPTI — Risk / Return Rank

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

CBOE

CBOE Risk / Return Rank: 52
CBOE Sharpe Ratio Rank: 54
CBOE Sortino Ratio Rank: 46
CBOE Omega Ratio Rank: 48
CBOE Calmar Ratio Rank: 50
CBOE Martin Ratio Rank: 59

MPTI

MPTI Risk / Return Rank: 93
MPTI Sharpe Ratio Rank: 94
MPTI Sortino Ratio Rank: 92
MPTI Omega Ratio Rank: 89
MPTI Calmar Ratio Rank: 94
MPTI Martin Ratio Rank: 96

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.

CBOE vs. MPTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cboe Global Markets, Inc. (CBOE) and M-tron Industries Inc (MPTI). 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.

	CBOE	MPTI	Difference
Sharpe ratio: Return per unit of total volatility	0.36	2.67	-2.31
Sortino ratio: Return per unit of downside risk	0.66	3.36	-2.70
Omega ratio: Gain probability vs. loss probability	1.09	1.40	-0.31
Calmar ratio: Return relative to maximum drawdown	0.33	6.05	-5.72
Martin ratio: Return relative to average drawdown	1.61	19.89	-18.28

CBOE vs. MPTI - Sharpe Ratio Comparison

The current CBOE Sharpe Ratio is 0.36, which is lower than the MPTI Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of CBOE and MPTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CBOE vs. MPTI - Drawdown Comparison

The maximum CBOE drawdown since its inception was -43.23%, smaller than the maximum MPTI drawdown of -49.99%. Use the drawdown chart below to compare losses from any high point for CBOE and MPTI.

Drawdown Indicators

	CBOE	MPTI	Difference
Max Drawdown Largest peak-to-trough decline	-43.23%	-49.99%	+6.76%
Max Drawdown (1Y) Largest decline over 1 year	-31.93%	-23.16%	-8.77%
Max Drawdown (3Y) Largest decline over 3 years	-31.93%	-49.99%	+18.06%
Max Drawdown (5Y) Largest decline over 5 years	-31.93%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.23%	—	—
Current Drawdown Current decline from peak	-31.93%	-3.50%	-28.43%
Average Drawdown Average peak-to-trough decline	-11.42%	-18.70%	+7.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.59%	7.03%	-0.44%

Volatility

CBOE vs. MPTI - Volatility Comparison

Cboe Global Markets, Inc. (CBOE) has a higher volatility of 17.83% compared to M-tron Industries Inc (MPTI) at 10.02%. This indicates that CBOE's price experiences larger fluctuations and is considered to be riskier than MPTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CBOE	MPTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.83%	10.02%	+7.81%
Volatility (6M) Calculated over the trailing 6-month period	26.51%	39.72%	-13.21%
Volatility (1Y) Calculated over the trailing 1-year period	29.39%	55.14%	-25.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.70%	77.63%	-53.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.57%	77.63%	-52.06%

Dividends

CBOE vs. MPTI - Dividend Comparison

CBOE's dividend yield for the trailing twelve months is around 1.16%, while MPTI has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CBOE Cboe Global Markets, Inc.	1.16%	1.08%	1.21%	1.18%	1.56%	1.38%	1.68%	1.12%	1.19%	0.83%	1.30%	1.36%
MPTI M-tron Industries 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%

Financials

CBOE vs. MPTI - Profitability Comparison

The chart below illustrates the profitability comparison between Cboe Global Markets, Inc. and M-tron Industries Inc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CBOE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.

MPTI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, M-tron Industries Inc reported a gross profit of 6.59M and revenue of 14.69M. Therefore, the gross margin over that period was 44.9%.

CBOE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.

MPTI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, M-tron Industries Inc reported an operating income of 2.61M and revenue of 14.69M, resulting in an operating margin of 17.8%.

CBOE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.

MPTI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, M-tron Industries Inc reported a net income of 2.39M and revenue of 14.69M, resulting in a net margin of 16.3%.

Frequently Asked Questions

Can I hold both CBOE and MPTI in my portfolio?

CBOE and MPTI have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CBOE or MPTI?

CBOE has higher volatility (17.83%) compared to MPTI (10.02%). In terms of maximum drawdown, CBOE dropped -43.23% vs MPTI's -49.99%.

Which has better risk-adjusted returns?

MPTI currently has the higher Sharpe Ratio (2.67 vs 0.36), 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.