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.
Key characteristics
| CMI | IEX | |
|---|---|---|
| YTD Return | 54.62% | 7.02% |
| 1Y Return | 66.81% | 16.72% |
| 3Y Return (Ann) | 18.67% | 0.47% |
| 5Y Return (Ann) | 17.54% | 8.48% |
| 10Y Return (Ann) | 12.79% | 13.07% |
| Sharpe Ratio | 2.77 | 0.85 |
| Sortino Ratio | 3.83 | 1.37 |
| Omega Ratio | 1.48 | 1.17 |
| Calmar Ratio | 4.47 | 0.79 |
| Martin Ratio | 15.88 | 1.48 |
| Ulcer Index | 4.24% | 11.73% |
| Daily Std Dev | 24.28% | 20.30% |
| Max Drawdown | -75.66% | -58.67% |
| Current Drawdown | -0.71% | -5.78% |
Fundamentals
| CMI | IEX | |
|---|---|---|
| Market Cap | $48.71B | $17.26B |
| EPS | $15.27 | $6.44 |
| PE Ratio | 23.25 | 35.40 |
| PEG Ratio | 0.71 | 2.39 |
| Total Revenue (TTM) | $34.20B | $3.19B |
| Gross Profit (TTM) | $8.41B | $1.41B |
| EBITDA (TTM) | $1.96B | $801.90M |
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
In the year-to-date period, CMI achieves a 54.62% return, which is significantly higher than IEX's 7.02% return. Both investments have delivered pretty close results over the past 10 years, with CMI having a 12.79% annualized return and IEX not far ahead at 13.07%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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 1.89%, more than IEX's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMI Cummins Inc. | 1.89% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% | 1.60% |
IEX IDEX Corporation | 1.18% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% | 1.21% |
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) and IDEX Corporation (IEX) have volatilities of 9.69% and 9.81%, 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.
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