DHR vs. SHV
DHR (Danaher Corporation) is a stock, while SHV (iShares 0-1 Year Treasury Bond ETF) is Government Bonds fund tracking the ICE Short US Treasury Securities Index. Over the past 10 years, DHR returned 10.97%/yr vs 2.23%/yr for SHV. At a correlation of -0.04, they often move in opposite directions.
Performance
DHR vs. SHV - Performance Comparison
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Returns By Period
In the year-to-date period, DHR achieves a -22.04% return, which is significantly lower than SHV's 1.42% return. Over the past 10 years, DHR has outperformed SHV with an annualized return of 10.97%, while SHV has yielded a comparatively lower 2.23% annualized return.
DHR
- 1D
- 1.12%
- 1M
- 2.32%
- YTD
- -22.04%
- 6M
- -21.78%
- 1Y
- -6.64%
- 3Y*
- -4.53%
- 5Y*
- -3.23%
- 10Y*
- 10.97%
SHV
- 1D
- 0.00%
- 1M
- 0.27%
- YTD
- 1.42%
- 6M
- 1.75%
- 1Y
- 3.90%
- 3Y*
- 4.64%
- 5Y*
- 3.31%
- 10Y*
- 2.23%
DHR vs. SHV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | -22.04% | 0.35% | -0.35% | -1.22% | -19.02% | 48.57% | 45.34% | 49.55% | 11.80% | 20.01% |
SHV iShares 0-1 Year Treasury Bond ETF | 1.42% | 4.21% | 5.12% | 5.04% | 0.94% | -0.10% | 0.81% | 2.36% | 1.72% | 0.67% |
Correlation
The correlation between DHR and SHV is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (10Y) Calculated over the trailing 10-year period | -0.00 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2007 | -0.04 |
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Return for Risk
DHR vs. SHV — Risk / Return Rank
DHR
SHV
DHR vs. SHV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Danaher Corporation (DHR) and iShares 0-1 Year Treasury Bond ETF (SHV). 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.
| DHR | SHV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -19.73 | ||
| Sortino ratioReturn per unit of downside risk | -149.71 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 53.77 | -52.79 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | 431.38 | -431.58 |
| Martin ratioReturn relative to average drawdown | -0.50 | 2,419.80 | -2,420.30 |
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
| DHR | SHV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.24 | 19.49 | -19.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.12 | 11.56 | -11.67 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 8.09 | -7.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 4.50 | -3.85 |
Drawdowns
DHR vs. SHV - Drawdown Comparison
The maximum DHR drawdown since its inception was -45.80%, which is greater than SHV's maximum drawdown of -0.45%. Use the drawdown chart below to compare losses from any high point for DHR and SHV.
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Drawdown Indicators
| DHR | SHV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.80% | -0.45% | -45.35% |
Max Drawdown (1Y)Largest decline over 1 year | -32.97% | -0.01% | -32.96% |
Max Drawdown (3Y)Largest decline over 3 years | -41.72% | -0.03% | -41.69% |
Max Drawdown (5Y)Largest decline over 5 years | -43.81% | -0.40% | -43.41% |
Max Drawdown (10Y)Largest decline over 10 years | -43.81% | -0.45% | -43.36% |
Current DrawdownCurrent decline from peak | -38.20% | 0.00% | -38.20% |
Average DrawdownAverage peak-to-trough decline | -10.21% | -0.03% | -10.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.26% | 0.00% | +13.26% |
Volatility
DHR vs. SHV - Volatility Comparison
Danaher Corporation (DHR) has a higher volatility of 7.84% compared to iShares 0-1 Year Treasury Bond ETF (SHV) at 0.05%. This indicates that DHR's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHR | SHV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.84% | 0.05% | +7.79% |
Volatility (6M)Calculated over the trailing 6-month period | 18.84% | 0.12% | +18.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.70% | 0.20% | +27.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.92% | 0.29% | +27.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.48% | 0.28% | +25.20% |
Dividends
DHR vs. SHV - Dividend Comparison
DHR's dividend yield for the trailing twelve months is around 0.76%, less than SHV's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.76% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
SHV iShares 0-1 Year Treasury Bond ETF | 3.83% | 4.09% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% |
Frequently Asked Questions
DHR and SHV have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (7.84%) compared to SHV (0.05%). In terms of maximum drawdown, DHR dropped -45.80% vs SHV's -0.45%.
SHV currently has the higher Sharpe Ratio (19.49 vs -0.24), 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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