CMCX.L vs. AOS
CMCX.L (CMC Markets plc) and AOS (A. O. Smith Corporation) are both stocks. CMCX.L operates in Capital Markets (Financial Services), while AOS operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, CMCX.L returned 10.03%/yr vs 5.94%/yr for AOS. At a 0.08 correlation, their price movements are largely independent.
Performance
CMCX.L vs. AOS - Performance Comparison
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Different Trading Currencies
CMCX.L is traded in GBp, while AOS is traded in USD. To make them comparable, the AOS values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, CMCX.L achieves a 55.18% return, which is significantly higher than AOS's -10.27% return. Over the past 10 years, CMCX.L has outperformed AOS with an annualized return of 10.03%, while AOS has yielded a comparatively lower 5.94% annualized return.
CMCX.L
- 1D
- 0.11%
- 1M
- 22.43%
- YTD
- 55.18%
- 6M
- 62.81%
- 1Y
- 93.05%
- 3Y*
- 46.87%
- 5Y*
- 3.69%
- 10Y*
- 10.03%
AOS
- 1D
- 0.80%
- 1M
- 4.84%
- YTD
- -10.27%
- 6M
- -13.33%
- 1Y
- -4.29%
- 3Y*
- -5.40%
- 5Y*
- -0.13%
- 10Y*
- 5.94%
CMCX.L vs. AOS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMCX.L CMC Markets plc | 55.18% | 27.16% | 144.09% | -51.43% | -10.97% | -28.25% | 183.92% | 43.23% | -26.78% | 45.42% |
AOS A. O. Smith Corporation | -10.27% | -7.06% | -14.46% | 39.93% | -24.00% | 60.79% | 14.01% | 9.33% | -25.16% | 19.47% |
Correlation
The correlation between CMCX.L and AOS is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Feb 5, 2016 | 0.08 |
Fundamentals
CMCX.L:
£1.30B
AOS:
$8.22B
CMCX.L:
£0.50
AOS:
$3.75
CMCX.L:
9.36
AOS:
15.76
CMCX.L:
1.23
AOS:
0.64
CMCX.L:
1.69
AOS:
2.18
CMCX.L:
2.84
AOS:
3.81
CMCX.L:
£755.33M
AOS:
$3.81B
CMCX.L:
£533.42M
AOS:
$1.48B
CMCX.L:
£232.99M
AOS:
$794.70M
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Return for Risk
CMCX.L vs. AOS — Risk / Return Rank
CMCX.L
AOS
CMCX.L vs. AOS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for CMC Markets plc (CMCX.L) and A. O. Smith Corporation (AOS). 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.
| CMCX.L | AOS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.28 | ||
| Sortino ratioReturn per unit of downside risk | +4.54 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 0.99 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 5.16 | -0.16 | +5.31 |
| Martin ratioReturn relative to average drawdown | 13.26 | -0.38 | +13.64 |
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Drawdowns
CMCX.L vs. AOS - Drawdown Comparison
The maximum CMCX.L drawdown since its inception was -81.04%, which is greater than AOS's maximum drawdown of -40.09%. Use the drawdown chart below to compare losses from any high point for CMCX.L and AOS.
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Drawdown Indicators
| CMCX.L | AOS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.04% | -40.09% | -40.95% |
Max Drawdown (1Y)Largest decline over 1 year | -17.02% | -29.33% | +12.31% |
Max Drawdown (3Y)Largest decline over 3 years | -45.29% | -39.20% | -6.09% |
Max Drawdown (5Y)Largest decline over 5 years | -78.60% | -39.20% | -39.40% |
Max Drawdown (10Y)Largest decline over 10 years | -81.04% | -39.20% | -41.84% |
Current DrawdownCurrent decline from peak | -0.22% | -35.35% | +35.13% |
Average DrawdownAverage peak-to-trough decline | -40.52% | -11.81% | -28.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.63% | 12.17% | -5.54% |
Volatility
CMCX.L vs. AOS - Volatility Comparison
CMC Markets plc (CMCX.L) has a higher volatility of 17.61% compared to A. O. Smith Corporation (AOS) at 7.76%. This indicates that CMCX.L's price experiences larger fluctuations and is considered to be riskier than AOS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMCX.L | AOS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.61% | 7.76% | +9.85% |
Volatility (6M)Calculated over the trailing 6-month period | 24.26% | 19.44% | +4.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.97% | 24.60% | +17.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.85% | 26.33% | +20.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.35% | 27.01% | +19.34% |
Dividends
CMCX.L vs. AOS - Dividend Comparison
CMCX.L's dividend yield for the trailing twelve months is around 2.97%, more than AOS's 2.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AOS A. O. Smith Corporation | 2.40% | 2.06% | 1.91% | 1.84% | 1.99% | 1.23% | 1.79% | 1.89% | 1.78% | 0.91% | 1.01% | 0.99% |
CMCX.L CMC Markets plc | 2.97% | 4.62% | 4.19% | 4.67% | 5.53% | 9.46% | 5.47% | 2.41% | 6.94% | 5.95% | 0.00% | 0.00% |
Financials
CMCX.L vs. AOS - Financials Comparison
This section allows you to compare key financial metrics between CMC Markets plc and A. O. Smith Corporation. 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
CMCX.L vs. AOS - Profitability Comparison
CMCX.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a gross profit of 188.08M and revenue of 217.26M. Therefore, the gross margin over that period was 86.6%.
AOS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, A. O. Smith Corporation reported a gross profit of 365.70M and revenue of 945.60M. Therefore, the gross margin over that period was 38.7%.
CMCX.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported an operating income of 57.64M and revenue of 217.26M, resulting in an operating margin of 26.5%.
AOS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, A. O. Smith Corporation reported an operating income of 161.80M and revenue of 945.60M, resulting in an operating margin of 17.1%.
CMCX.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CMC Markets plc reported a net income of 38.42M and revenue of 217.26M, resulting in a net margin of 17.7%.
AOS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, A. O. Smith Corporation reported a net income of 118.00M and revenue of 945.60M, resulting in a net margin of 12.5%.
Frequently Asked Questions
CMCX.L and AOS have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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