CMI vs. ABBNY
CMI (Cummins Inc.) and ABBNY (ABB Ltd) are both stocks. Both are in the Industrials sector — CMI in Specialty Industrial Machinery, ABBNY in Electrical Equipment & Parts. Over the past 10 years, CMI returned 22.34%/yr vs 21.38%/yr for ABBNY. At a 0.49 correlation, their price movements are largely independent.
Performance
CMI vs. ABBNY - Performance Comparison
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Returns By Period
In the year-to-date period, CMI achieves a 32.64% return, which is significantly lower than ABBNY's 41.80% return. Both investments have delivered pretty close results over the past 10 years, with CMI having a 22.34% annualized return and ABBNY not far behind at 21.38%.
CMI
- 1D
- 3.30%
- 1M
- -0.70%
- YTD
- 32.64%
- 6M
- 33.36%
- 1Y
- 109.28%
- 3Y*
- 46.82%
- 5Y*
- 24.12%
- 10Y*
- 22.34%
ABBNY
- 1D
- 1.83%
- 1M
- -2.95%
- YTD
- 41.80%
- 6M
- 43.11%
- 1Y
- 82.41%
- 3Y*
- 41.86%
- 5Y*
- 27.12%
- 10Y*
- 21.38%
CMI vs. ABBNY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMI Cummins Inc. | 32.64% | 49.36% | 48.92% | 1.72% | 14.09% | -1.68% | 30.50% | 38.04% | -22.06% | 32.74% |
ABBNY ABB Ltd | 41.80% | 40.49% | 23.75% | 49.62% | -18.13% | 40.40% | 21.21% | 31.87% | -26.52% | 31.68% |
Correlation
The correlation between CMI and ABBNY is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.54 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 2001 | 0.49 |
The correlation between CMI and ABBNY has been stable across timeframes, ranging from 0.45 to 0.54 - a consistent structural relationship.
Fundamentals
CMI:
$93.37B
ABBNY:
$188.22B
CMI:
$19.27
ABBNY:
$2.71
CMI:
34.90
ABBNY:
38.10
CMI:
0.39
ABBNY:
3.84
CMI:
2.75
ABBNY:
5.28
CMI:
7.56
ABBNY:
12.75
CMI:
$33.89B
ABBNY:
$35.74B
CMI:
$8.60B
ABBNY:
$14.33B
CMI:
$4.87B
ABBNY:
$7.34B
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Return for Risk
CMI vs. ABBNY — Risk / Return Rank
CMI
ABBNY
CMI vs. ABBNY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and ABB Ltd (ABBNY). 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.
| CMI | ABBNY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.55 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.49 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 7.22 | 5.27 | +1.95 |
| Martin ratioReturn relative to average drawdown | 26.31 | 20.73 | +5.58 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMI | ABBNY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.33 | 2.79 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 1.05 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.84 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.29 | +0.09 |
Drawdowns
CMI vs. ABBNY - Drawdown Comparison
The maximum CMI drawdown since its inception was -75.66%, smaller than the maximum ABBNY drawdown of -93.98%. Use the drawdown chart below to compare losses from any high point for CMI and ABBNY.
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Drawdown Indicators
| CMI | ABBNY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.66% | -93.98% | +18.32% |
Max Drawdown (1Y)Largest decline over 1 year | -15.23% | -15.71% | +0.48% |
Max Drawdown (3Y)Largest decline over 3 years | -30.48% | -20.26% | -10.22% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -36.07% | +5.59% |
Max Drawdown (10Y)Largest decline over 10 years | -44.05% | -43.98% | -0.07% |
Current DrawdownCurrent decline from peak | -5.81% | -5.13% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -22.23% | -25.54% | +3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.17% | 3.99% | +0.18% |
Volatility
CMI vs. ABBNY - Volatility Comparison
Cummins Inc. (CMI) has a higher volatility of 12.18% compared to ABB Ltd (ABBNY) at 10.45%. This indicates that CMI's price experiences larger fluctuations and is considered to be riskier than ABBNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMI | ABBNY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.18% | 10.45% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 27.86% | 24.58% | +3.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.02% | 29.78% | +3.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.05% | 26.06% | +1.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.26% | 25.43% | +2.83% |
Dividends
CMI vs. ABBNY - Dividend Comparison
CMI's dividend yield for the trailing twelve months is around 1.19%, which matches ABBNY's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBNY ABB Ltd | 1.18% | 1.39% | 1.79% | 2.07% | 2.88% | 2.29% | 2.77% | 3.31% | 4.35% | 2.84% | 3.47% | 4.21% |
CMI Cummins Inc. | 1.19% | 1.50% | 2.01% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% |
Financials
CMI vs. ABBNY - Financials Comparison
This section allows you to compare key financial metrics between Cummins Inc. and ABB Ltd. 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
CMI vs. ABBNY - Profitability Comparison
CMI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported a gross profit of 2.24B and revenue of 8.40B. Therefore, the gross margin over that period was 26.7%.
ABBNY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ABB Ltd reported a gross profit of 3.44B and revenue of 8.73B. Therefore, the gross margin over that period was 39.4%.
CMI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported an operating income of 949.00M and revenue of 8.40B, resulting in an operating margin of 11.3%.
ABBNY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ABB Ltd reported an operating income of 1.43B and revenue of 8.73B, resulting in an operating margin of 16.4%.
CMI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cummins Inc. reported a net income of 654.00M and revenue of 8.40B, resulting in a net margin of 7.8%.
ABBNY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ABB Ltd reported a net income of 1.32B and revenue of 8.73B, resulting in a net margin of 15.2%.
Frequently Asked Questions
CMI and ABBNY have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CMI has higher volatility (12.18%) compared to ABBNY (10.45%). In terms of maximum drawdown, CMI dropped -75.66% vs ABBNY's -93.98%.
CMI currently has the higher Sharpe Ratio (3.33 vs 2.79), 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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