CMI vs. IEX
Compare and contrast key facts about Cummins Inc. (CMI) and IDEX Corporation (IEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMI or IEX.
Correlation
The correlation between CMI and IEX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CMI vs. IEX - Performance Comparison
Key characteristics
CMI:
0.37
IEX:
-1.06
CMI:
0.70
IEX:
-1.43
CMI:
1.09
IEX:
0.82
CMI:
0.50
IEX:
-0.93
CMI:
1.44
IEX:
-1.78
CMI:
6.48%
IEX:
13.96%
CMI:
25.45%
IEX:
23.44%
CMI:
-75.66%
IEX:
-58.67%
CMI:
-17.93%
IEX:
-25.36%
Fundamentals
CMI:
$43.36B
IEX:
$13.68B
CMI:
$28.37
IEX:
$6.64
CMI:
11.12
IEX:
27.28
CMI:
0.63
IEX:
1.69
CMI:
$25.70B
IEX:
$2.47B
CMI:
$6.37B
IEX:
$1.09B
CMI:
$3.76B
IEX:
$661.00M
Returns By Period
In the year-to-date period, CMI achieves a -9.10% return, which is significantly higher than IEX's -13.17% return. Over the past 10 years, CMI has outperformed IEX with an annualized return of 11.81%, while IEX has yielded a comparatively lower 10.55% annualized return.
CMI
-9.10%
-14.35%
-2.41%
9.40%
22.03%
11.81%
IEX
-13.17%
-6.78%
-14.21%
-23.81%
7.12%
10.55%
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Risk-Adjusted Performance
CMI vs. IEX — Risk-Adjusted Performance Rank
CMI
IEX
CMI vs. IEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cummins Inc. (CMI) and IDEX Corporation (IEX). 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.
Dividends
CMI vs. IEX - Dividend Comparison
CMI's dividend yield for the trailing twelve months is around 2.26%, more than IEX's 1.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMI Cummins Inc. | 2.26% | 2.01% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% |
IEX IDEX Corporation | 1.52% | 1.29% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% |
Drawdowns
CMI vs. IEX - Drawdown Comparison
The maximum CMI drawdown since its inception was -75.66%, which is greater than IEX's maximum drawdown of -58.67%. Use the drawdown chart below to compare losses from any high point for CMI and IEX. For additional features, visit the drawdowns tool.
Volatility
CMI vs. IEX - Volatility Comparison
Cummins Inc. (CMI) has a higher volatility of 8.70% compared to IDEX Corporation (IEX) at 5.15%. This indicates that CMI's price experiences larger fluctuations and is considered to be riskier than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CMI vs. IEX - Financials Comparison
This section allows you to compare key financial metrics between Cummins Inc. and IDEX 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