CNC vs. TTD

Last updated Apr 1, 2026

Compare and contrast key facts about Centene Corporation (CNC) and The Trade Desk, Inc. (TTD).

Performance

CNC vs. TTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Centene Corporation (CNC) and The Trade Desk, Inc. (TTD). The values are adjusted to include any dividend payments, if applicable.

CNC vs. TTD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CNC Centene Corporation	-20.44%	-32.07%	-18.37%	-9.51%	-0.47%	37.26%	-4.52%	9.05%	14.29%	78.52%
TTD The Trade Desk, Inc.	-40.23%	-67.70%	63.33%	60.52%	-51.08%	14.41%	208.34%	123.83%	153.79%	65.27%

Fundamentals

Market Cap CNC : $16.08B TTD : $10.95B
EPS CNC : -$13.57 TTD : $0.90
PS Ratio CNC : 0.08 TTD : 3.84
PB Ratio CNC : 0.81 TTD : 4.41
Total Revenue (TTM) CNC : $194.78B TTD : $2.90B
Gross Profit (TTM) CNC : $23.83B TTD : $2.28B
EBITDA (TTM) CNC : -$5.14B TTD : $691.45M

Returns By Period

In the year-to-date period, CNC achieves a -20.44% return, which is significantly higher than TTD's -40.23% return.

CNC

• 1D: 2.96%
• 1M: -27.05%
• YTD: -20.44%
• 6M: -8.24%
• 1Y: -46.07%
• 3Y*: -19.69%
• 5Y*: -12.34%
• 10Y*: 0.58%

TTD

• 1D: 3.09%
• 1M: -4.74%
• YTD: -40.23%
• 6M: -53.70%
• 1Y: -58.53%
• 3Y*: -28.05%
• 5Y*: -19.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CNC vs. TTD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CNC

CNC Risk / Return Rank: 15
CNC Sharpe Ratio Rank: 11
CNC Sortino Ratio Rank: 16
CNC Omega Ratio Rank: 12
CNC Calmar Ratio Rank: 16
CNC Martin Ratio Rank: 20

TTD

TTD Risk / Return Rank: 11
TTD Sharpe Ratio Rank: 8
TTD Sortino Ratio Rank: 10
TTD Omega Ratio Rank: 8
TTD Calmar Ratio Rank: 14
TTD Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CNC vs. TTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Centene Corporation (CNC) and The Trade Desk, Inc. (TTD). 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.

	CNC	TTD	Difference
Sharpe ratio Return per unit of total volatility	-0.74	-0.84	+0.10
Sortino ratio Return per unit of downside risk	-0.73	-1.14	+0.40
Omega ratio Gain probability vs. loss probability	0.87	0.83	+0.05
Calmar ratio Return relative to maximum drawdown	-0.75	-0.78	+0.03
Martin ratio Return relative to average drawdown	-1.16	-1.30	+0.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNC vs. TTD - Sharpe Ratio Comparison

The current CNC Sharpe Ratio is -0.74, which is comparable to the TTD Sharpe Ratio of -0.84. The chart below compares the historical Sharpe Ratios of CNC and TTD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CNC	TTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.74	-0.84	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	-0.28	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.35	-0.02

Correlation

The correlation between CNC and TTD is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CNC vs. TTD - Dividend Comparison

Neither CNC nor TTD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

CNC vs. TTD - Drawdown Comparison

The maximum CNC drawdown since its inception was -74.07%, smaller than the maximum TTD drawdown of -84.75%. Use the drawdown chart below to compare losses from any high point for CNC and TTD.

Drawdown Indicators

	CNC	TTD	Difference
Max Drawdown Largest peak-to-trough decline	-74.07%	-84.75%	+10.68%
Max Drawdown (1Y) Largest decline over 1 year	-60.79%	-76.29%	+15.50%
Max Drawdown (5Y) Largest decline over 5 years	-74.07%	-84.75%	+10.68%
Max Drawdown (10Y) Largest decline over 10 years	-74.07%	—	—
Current Drawdown Current decline from peak	-66.32%	-83.74%	+17.42%
Average Drawdown Average peak-to-trough decline	-21.95%	-26.07%	+4.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	39.07%	45.80%	-6.73%

Volatility

CNC vs. TTD - Volatility Comparison

The current volatility for Centene Corporation (CNC) is 20.17%, while The Trade Desk, Inc. (TTD) has a volatility of 23.19%. This indicates that CNC experiences smaller price fluctuations and is considered to be less risky than TTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CNC	TTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.17%	23.19%	-3.02%
Volatility (6M) Calculated over the trailing 6-month period	37.16%	35.50%	+1.66%
Volatility (1Y) Calculated over the trailing 1-year period	62.47%	69.70%	-7.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.63%	67.88%	-29.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.02%	68.59%	-30.57%

Financials

CNC vs. TTD - Profitability Comparison

The chart below illustrates the profitability comparison between Centene Corporation and The Trade Desk, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CNC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported a gross profit of 7.55B and revenue of 49.73B. Therefore, the gross margin over that period was 15.2%.

TTD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Trade Desk, Inc. reported a gross profit of 683.70M and revenue of 846.79M. Therefore, the gross margin over that period was 80.7%.

CNC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported an operating income of -1.74B and revenue of 49.73B, resulting in an operating margin of -3.5%.

TTD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Trade Desk, Inc. reported an operating income of 256.87M and revenue of 846.79M, resulting in an operating margin of 30.3%.

CNC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Centene Corporation reported a net income of -1.10B and revenue of 49.73B, resulting in a net margin of -2.2%.

TTD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Trade Desk, Inc. reported a net income of 186.95M and revenue of 846.79M, resulting in a net margin of 22.1%.