CHE vs. DORM

Last updated Jun 24, 2026

CHE (Chemed Corporation) and DORM (Dorman Products, Inc.) are both stocks. CHE operates in Medical Care Facilities (Healthcare), while DORM operates in Auto Parts (Consumer Cyclical). Over the past 10 years, CHE returned 13.30%/yr vs 9.15%/yr for DORM. At a 0.20 correlation, their price movements are largely independent.

Performance

CHE vs. DORM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chemed Corporation (CHE) and Dorman Products, Inc. (DORM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with CHE having a 4.07% return and DORM slightly lower at 4.03%. Over the past 10 years, CHE has outperformed DORM with an annualized return of 13.30%, while DORM has yielded a comparatively lower 9.15% annualized return.

CHE

• 1D: 1.84%
• 1M: 1.22%
• YTD: 4.07%
• 6M: 2.92%
• 1Y: -19.05%
• 3Y*: -6.05%
• 5Y*: -1.29%
• 10Y*: 13.30%

DORM

• 1D: 2.75%
• 1M: 8.53%
• YTD: 4.03%
• 6M: 2.05%
• 1Y: 2.63%
• 3Y*: 18.61%
• 5Y*: 5.32%
• 10Y*: 9.15%

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

CHE vs. DORM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHE Chemed Corporation	4.07%	-18.87%	-9.11%	14.90%	-3.22%	-0.38%	21.59%	55.58%	17.01%	52.32%
DORM Dorman Products, Inc.	4.03%	-4.91%	55.32%	3.14%	-28.44%	30.17%	14.66%	-15.89%	47.24%	-16.32%

Correlation

The correlation between CHE and DORM is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Mar 12, 1991	0.20

The correlation between CHE and DORM shifts across timeframes, from 0.20 (all time) to 0.32 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CHE : $6.07B DORM : $3.90B
EPS CHE : $18.29 DORM : $6.20
PE Ratio CHE : 24.28 DORM : 20.65
PEG Ratio CHE : 11.43 DORM : 1.44
PS Ratio CHE : 2.48 DORM : 1.83
PB Ratio CHE : 7.16 DORM : 2.66
Total Revenue (TTM) CHE : $2.54B DORM : $2.15B
Gross Profit (TTM) CHE : $571.36M DORM : $874.92M
EBITDA (TTM) CHE : $396.47M DORM : $323.26M

Return for Risk

CHE vs. DORM — Risk / Return Rank

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

CHE

CHE Risk / Return Rank: 20
CHE Sharpe Ratio Rank: 17
CHE Sortino Ratio Rank: 19
CHE Omega Ratio Rank: 16
CHE Calmar Ratio Rank: 22
CHE Martin Ratio Rank: 26

DORM

DORM Risk / Return Rank: 43
DORM Sharpe Ratio Rank: 46
DORM Sortino Ratio Rank: 40
DORM Omega Ratio Rank: 40
DORM Calmar Ratio Rank: 44
DORM Martin Ratio Rank: 43

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.

CHE vs. DORM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chemed Corporation (CHE) and Dorman Products, Inc. (DORM). 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.

	CHE	DORM	Difference
Sharpe ratio: Return per unit of total volatility	-0.57	0.08	-0.65
Sortino ratio: Return per unit of downside risk	-0.57	0.36	-0.93
Omega ratio: Gain probability vs. loss probability	0.91	1.04	-0.14
Calmar ratio: Return relative to maximum drawdown	-0.56	0.07	-0.63
Martin ratio: Return relative to average drawdown	-0.85	0.12	-0.97

CHE vs. DORM - Sharpe Ratio Comparison

The current CHE Sharpe Ratio is -0.57, which is lower than the DORM Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of CHE and DORM, 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

CHE vs. DORM - Drawdown Comparison

The maximum CHE drawdown since its inception was -83.78%, smaller than the maximum DORM drawdown of -88.99%. Use the drawdown chart below to compare losses from any high point for CHE and DORM.

Drawdown Indicators

	CHE	DORM	Difference
Max Drawdown Largest peak-to-trough decline	-83.78%	-88.99%	+5.21%
Max Drawdown (1Y) Largest decline over 1 year	-33.84%	-39.58%	+5.74%
Max Drawdown (3Y) Largest decline over 3 years	-42.88%	-39.58%	-3.30%
Max Drawdown (5Y) Largest decline over 5 years	-42.88%	-49.32%	+6.44%
Max Drawdown (10Y) Largest decline over 10 years	-42.88%	-50.78%	+7.90%
Current Drawdown Current decline from peak	-31.09%	-22.96%	-8.13%
Average Drawdown Average peak-to-trough decline	-16.46%	-23.74%	+7.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.39%	22.61%	-0.22%

Volatility

CHE vs. DORM - Volatility Comparison

Chemed Corporation (CHE) and Dorman Products, Inc. (DORM) have volatilities of 7.60% and 7.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHE	DORM	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.60%	7.26%	+0.34%
Volatility (6M) Calculated over the trailing 6-month period	24.46%	22.86%	+1.60%
Volatility (1Y) Calculated over the trailing 1-year period	33.29%	34.33%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.29%	32.54%	-7.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.90%	33.32%	-7.42%

Dividends

CHE vs. DORM - Dividend Comparison

CHE's dividend yield for the trailing twelve months is around 0.54%, while DORM has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHE Chemed Corporation	0.54%	0.51%	0.34%	0.27%	0.29%	0.26%	0.25%	0.28%	0.41%	0.44%	0.62%	0.61%
DORM Dorman Products, 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

CHE vs. DORM - Profitability Comparison

The chart below illustrates the profitability comparison between Chemed Corporation and Dorman Products, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CHE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Chemed Corporation reported a gross profit of 0.00 and revenue of 657.51M. Therefore, the gross margin over that period was 0.0%.

DORM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dorman Products, Inc. reported a gross profit of 190.16M and revenue of 528.77M. Therefore, the gross margin over that period was 36.0%.

CHE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Chemed Corporation reported an operating income of 84.58M and revenue of 657.51M, resulting in an operating margin of 12.9%.

DORM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dorman Products, Inc. reported an operating income of 58.78M and revenue of 528.77M, resulting in an operating margin of 11.1%.

CHE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Chemed Corporation reported a net income of 66.30M and revenue of 657.51M, resulting in a net margin of 10.1%.

DORM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dorman Products, Inc. reported a net income of 43.55M and revenue of 528.77M, resulting in a net margin of 8.2%.

Frequently Asked Questions

Can I hold both CHE and DORM in my portfolio?

CHE and DORM have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHE or DORM?

CHE has higher volatility (7.60%) compared to DORM (7.26%). In terms of maximum drawdown, CHE dropped -83.78% vs DORM's -88.99%.

Which has better risk-adjusted returns?

DORM currently has the higher Sharpe Ratio (0.08 vs -0.57), 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.