CLH vs. ISRG
CLH (Clean Harbors, Inc.) and ISRG (Intuitive Surgical, Inc.) are both stocks. CLH operates in Waste Management (Industrials), while ISRG operates in Medical Instruments & Supplies (Healthcare). Over the past 10 years, CLH returned 18.66%/yr vs 19.09%/yr for ISRG. At a 0.26 correlation, their price movements are largely independent.
Performance
CLH vs. ISRG - Performance Comparison
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Returns By Period
In the year-to-date period, CLH achieves a 22.73% return, which is significantly higher than ISRG's -27.42% return. Both investments have delivered pretty close results over the past 10 years, with CLH having a 18.66% annualized return and ISRG not far ahead at 19.09%.
CLH
- 1D
- 0.35%
- 1M
- -6.69%
- YTD
- 22.73%
- 6M
- 19.00%
- 1Y
- 26.85%
- 3Y*
- 22.81%
- 5Y*
- 24.84%
- 10Y*
- 18.66%
ISRG
- 1D
- -0.45%
- 1M
- -3.97%
- YTD
- -27.42%
- 6M
- -24.20%
- 1Y
- -19.74%
- 3Y*
- 9.23%
- 5Y*
- 7.37%
- 10Y*
- 19.09%
CLH vs. ISRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLH Clean Harbors, Inc. | 22.73% | 1.89% | 31.88% | 52.92% | 14.38% | 31.10% | -11.25% | 73.76% | -8.95% | -2.61% |
ISRG Intuitive Surgical, Inc. | -27.42% | 8.51% | 54.72% | 27.14% | -26.15% | 31.76% | 38.39% | 23.43% | 31.23% | 72.64% |
Correlation
The correlation between CLH and ISRG is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jun 16, 2000 | 0.26 |
The correlation between CLH and ISRG shifts across timeframes, from 0.20 (1 year) to 0.36 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
CLH:
$15.25B
ISRG:
$147.90B
CLH:
$7.40
ISRG:
$8.24
CLH:
38.91
ISRG:
49.88
CLH:
1.55
ISRG:
3.05
CLH:
2.54
ISRG:
14.04
CLH:
5.49
ISRG:
8.40
CLH:
$6.06B
ISRG:
$10.58B
CLH:
$1.81B
ISRG:
$7.02B
CLH:
$1.07B
ISRG:
$3.76B
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Return for Risk
CLH vs. ISRG — Risk / Return Rank
CLH
ISRG
CLH vs. ISRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Clean Harbors, Inc. (CLH) and Intuitive Surgical, Inc. (ISRG). 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.
| CLH | ISRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.90 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | -0.62 | +1.99 |
| Martin ratioReturn relative to average drawdown | 4.22 | -1.24 | +5.47 |
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Drawdowns
CLH vs. ISRG - Drawdown Comparison
The maximum CLH drawdown since its inception was -93.48%, which is greater than ISRG's maximum drawdown of -82.26%. Use the drawdown chart below to compare losses from any high point for CLH and ISRG.
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Drawdown Indicators
| CLH | ISRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.48% | -82.26% | -11.22% |
Max Drawdown (1Y)Largest decline over 1 year | -19.45% | -32.14% | +12.69% |
Max Drawdown (3Y)Largest decline over 3 years | -30.86% | -34.10% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -30.86% | -49.90% | +19.04% |
Max Drawdown (10Y)Largest decline over 10 years | -64.51% | -49.90% | -14.61% |
Current DrawdownCurrent decline from peak | -8.26% | -32.66% | +24.40% |
Average DrawdownAverage peak-to-trough decline | -32.89% | -21.28% | -11.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.29% | 16.00% | -9.71% |
Volatility
CLH vs. ISRG - Volatility Comparison
The current volatility for Clean Harbors, Inc. (CLH) is 8.20%, while Intuitive Surgical, Inc. (ISRG) has a volatility of 9.70%. This indicates that CLH experiences smaller price fluctuations and is considered to be less risky than ISRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLH | ISRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.20% | 9.70% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 18.92% | 20.72% | -1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.10% | 30.69% | -3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.63% | 33.19% | -4.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.75% | 32.40% | +2.35% |
Dividends
CLH vs. ISRG - Dividend Comparison
Neither CLH nor ISRG has paid dividends to shareholders.
Financials
CLH vs. ISRG - Financials Comparison
This section allows you to compare key financial metrics between Clean Harbors, Inc. and Intuitive Surgical, 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
CLH vs. ISRG - Profitability Comparison
CLH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a gross profit of 445.42M and revenue of 1.46B. Therefore, the gross margin over that period was 30.5%.
ISRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Intuitive Surgical, Inc. reported a gross profit of 1.83B and revenue of 2.77B. Therefore, the gross margin over that period was 66.1%.
CLH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported an operating income of 118.94M and revenue of 1.46B, resulting in an operating margin of 8.2%.
ISRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Intuitive Surgical, Inc. reported an operating income of 855.30M and revenue of 2.77B, resulting in an operating margin of 30.9%.
CLH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Clean Harbors, Inc. reported a net income of 63.20M and revenue of 1.46B, resulting in a net margin of 4.3%.
ISRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Intuitive Surgical, Inc. reported a net income of 821.50M and revenue of 2.77B, resulting in a net margin of 29.7%.
Frequently Asked Questions
CLH and ISRG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISRG has higher volatility (9.70%) compared to CLH (8.20%). In terms of maximum drawdown, CLH dropped -93.48% vs ISRG's -82.26%.
CLH currently has the higher Sharpe Ratio (0.98 vs -0.65), 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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