CNC vs. TTD
CNC (Centene Corporation) and TTD (The Trade Desk, Inc.) are both stocks. CNC operates in Healthcare Plans (Healthcare), while TTD operates in Software - Application (Technology). Over the past 5 years, CNC returned -1.94%/yr vs -26.11%/yr for TTD. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
CNC vs. TTD - Performance Comparison
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Returns By Period
In the year-to-date period, CNC achieves a 51.20% return, which is significantly higher than TTD's -52.48% return.
CNC
- 1D
- 2.27%
- 1M
- -8.31%
- 6M
- 43.63%
- YTD
- 51.20%
- 1Y
- 140.14%
- 3Y*
- -2.92%
- 5Y*
- -1.94%
- 10Y*
- 6.10%
- ALL TIME*
- 17.43%
TTD
- 1D
- -1.31%
- 1M
- -5.55%
- 6M
- -40.52%
- YTD
- -52.48%
- 1Y
- -79.04%
- 3Y*
- -41.49%
- 5Y*
- -26.11%
- 10Y*
- —
- ALL TIME*
- 20.48%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $363.88M | $313.77M | $329.35M | |
| $291.19M | $250.89M | $384.43M |
CNC vs. TTD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CNC Centene Corporation | 51.20% | -32.07% | -18.37% | -9.51% | -0.47% | 37.26% | -4.52% | 9.05% | 14.29% | 78.52% |
TTD The Trade Desk, Inc. | -52.48% | -67.70% | 63.33% | 60.52% | -51.08% | 14.41% | 208.34% | 123.83% | 153.79% | 65.27% |
Correlation
The correlation between CNC and TTD is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.07 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2016 | 0.16 |
Fundamentals
CNC:
$30.74B
TTD:
$8.48B
CNC:
-$10.32
TTD:
$0.89
CNC:
0.16
TTD:
2.94
CNC:
1.37
TTD:
3.51
CNC:
$193.73B
TTD:
$2.97B
CNC:
$31.24B
TTD:
$2.31B
CNC:
-$2.89B
TTD:
$725.01M
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Return for Risk
CNC vs. TTD — Risk / Return Rank
CNC
TTD
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.
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.
| CNC | TTD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.08 | ||
| Sortino ratioReturn per unit of downside risk | +5.66 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 0.66 | +0.78 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | -0.98 | +5.24 |
| Martin ratioReturn relative to average drawdown | 13.37 | -1.24 | +14.61 |
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Drawdowns
CNC vs. TTD - Drawdown Comparison
The maximum CNC drawdown since its inception was -74.07%, smaller than the maximum TTD drawdown of -87.97%. Use the drawdown chart below to compare losses from any high point for CNC and TTD.
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Drawdown Indicators
| CNC | TTD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.07% | -87.97% | +13.90% |
Max Drawdown (1Y)Largest decline over 1 year | -32.73% | -81.29% | +48.56% |
Max Drawdown (3Y)Largest decline over 3 years | -68.65% | -87.97% | +19.32% |
Max Drawdown (5Y)Largest decline over 5 years | -74.07% | -87.97% | +13.90% |
Max Drawdown (10Y)Largest decline over 10 years | -74.07% | — | — |
Current DrawdownCurrent decline from peak | -36.00% | -87.07% | +51.07% |
Average DrawdownAverage peak-to-trough decline | -22.21% | -28.06% | +5.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.41% | 63.67% | -53.26% |
Volatility
CNC vs. TTD - Volatility Comparison
The current volatility for Centene Corporation (CNC) is 10.07%, while The Trade Desk, Inc. (TTD) has a volatility of 13.04%. 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.
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Volatility by Period
| CNC | TTD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.07% | 13.04% | -2.97% |
Volatility (6M)Calculated over the trailing 6-month period | 35.87% | 41.78% | -5.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 48.87% | 64.58% | -15.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.85% | 67.00% | -27.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.58% | 68.19% | -29.61% |
Dividends
CNC vs. TTD - Dividend Comparison
Neither CNC nor TTD has paid dividends to shareholders.
Financials
CNC vs. TTD - Financials Comparison
This section allows you to compare key financial metrics between Centene Corporation and The Trade Desk, Inc.. 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
CNC vs. TTD - Profitability Comparison
CNC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Centene Corporation reported a gross profit of 4.62B and revenue of 44.38B. Therefore, the gross margin over that period was 10.4%.
TTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, The Trade Desk, Inc. reported a gross profit of 506.89M and revenue of 688.86M. Therefore, the gross margin over that period was 73.6%.
CNC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Centene Corporation reported an operating income of 1.38B and revenue of 44.38B, resulting in an operating margin of 3.1%.
TTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, The Trade Desk, Inc. reported an operating income of 66.65M and revenue of 688.86M, resulting in an operating margin of 9.7%.
CNC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Centene Corporation reported a net income of 1.09B and revenue of 44.38B, resulting in a net margin of 2.5%.
TTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, The Trade Desk, Inc. reported a net income of 40.00M and revenue of 688.86M, resulting in a net margin of 5.8%.
Frequently Asked Questions
CNC and TTD have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TTD has higher volatility (13.04%) compared to CNC (10.07%). In terms of maximum drawdown, CNC dropped -74.07% vs TTD's -87.97%.
CNC currently has the higher Sharpe Ratio (2.85 vs -1.23), 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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