DOV vs. MZTI
DOV (Dover Corporation) and MZTI (The Marzetti Company) are both stocks. DOV operates in Specialty Industrial Machinery (Industrials), while MZTI operates in Packaged Foods (Consumer Defensive). Over the past 10 years, DOV returned 16.12%/yr vs 0.54%/yr for MZTI. At a 0.29 correlation, their price movements are largely independent.
Performance
DOV vs. MZTI - Performance Comparison
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Returns By Period
In the year-to-date period, DOV achieves a 11.26% return, which is significantly higher than MZTI's -32.69% return. Over the past 10 years, DOV has outperformed MZTI with an annualized return of 16.12%, while MZTI has yielded a comparatively lower 0.54% annualized return.
DOV
- 1D
- 0.67%
- 1M
- -1.41%
- YTD
- 11.26%
- 6M
- 13.56%
- 1Y
- 21.73%
- 3Y*
- 16.60%
- 5Y*
- 8.83%
- 10Y*
- 16.12%
MZTI
- 1D
- 1.49%
- 1M
- -3.25%
- YTD
- -32.69%
- 6M
- -30.23%
- 1Y
- -33.35%
- 3Y*
- -16.23%
- 5Y*
- -9.18%
- 10Y*
- 0.54%
DOV vs. MZTI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 11.26% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
MZTI The Marzetti Company | -32.69% | -2.93% | 6.10% | -14.02% | 21.59% | -8.26% | 16.75% | -7.88% | 39.22% | -6.99% |
Correlation
The correlation between DOV and MZTI is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.29 |
The correlation between DOV and MZTI shifts across timeframes, from 0.16 (1 year) to 0.32 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
DOV:
$29.38B
MZTI:
$2.98B
DOV:
$8.01
MZTI:
$6.41
DOV:
26.98
MZTI:
17.00
DOV:
1.12
MZTI:
1.93
DOV:
3.59
MZTI:
1.54
DOV:
3.92
MZTI:
2.86
DOV:
$8.28B
MZTI:
$1.94B
DOV:
$3.27B
MZTI:
$469.39M
DOV:
$1.78B
MZTI:
$296.24M
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Return for Risk
DOV vs. MZTI — Risk / Return Rank
DOV
MZTI
DOV vs. MZTI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dover Corporation (DOV) and The Marzetti Company (MZTI). 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.
| DOV | MZTI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.16 | ||
| Sortino ratioReturn per unit of downside risk | +3.36 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.78 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.78 | +2.21 |
| Martin ratioReturn relative to average drawdown | 3.27 | -1.88 | +5.15 |
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
| DOV | MZTI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | -1.25 | +2.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | -0.33 | +0.69 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.02 | +0.59 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.38 | +0.08 |
Drawdowns
DOV vs. MZTI - Drawdown Comparison
The maximum DOV drawdown since its inception was -58.22%, which is greater than MZTI's maximum drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for DOV and MZTI.
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Drawdown Indicators
| DOV | MZTI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.22% | -54.66% | -3.56% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -42.74% | +27.40% |
Max Drawdown (3Y)Largest decline over 3 years | -26.59% | -46.47% | +19.88% |
Max Drawdown (5Y)Largest decline over 5 years | -35.56% | -48.22% | +12.66% |
Max Drawdown (10Y)Largest decline over 10 years | -45.24% | -48.22% | +2.98% |
Current DrawdownCurrent decline from peak | -6.90% | -46.51% | +39.61% |
Average DrawdownAverage peak-to-trough decline | -13.14% | -11.65% | -1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.67% | 17.76% | -11.09% |
Volatility
DOV vs. MZTI - Volatility Comparison
The current volatility for Dover Corporation (DOV) is 5.74%, while The Marzetti Company (MZTI) has a volatility of 6.38%. This indicates that DOV experiences smaller price fluctuations and is considered to be less risky than MZTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOV | MZTI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.74% | 6.38% | -0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 17.99% | 20.58% | -2.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.02% | 26.85% | -2.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.80% | 27.73% | -2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.74% | 27.70% | -0.96% |
Dividends
DOV vs. MZTI - Dividend Comparison
DOV's dividend yield for the trailing twelve months is around 0.96%, less than MZTI's 3.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 0.96% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
MZTI The Marzetti Company | 3.63% | 2.34% | 2.11% | 2.07% | 1.65% | 1.84% | 1.55% | 1.66% | 1.39% | 1.74% | 1.45% | 5.96% |
Financials
DOV vs. MZTI - Financials Comparison
This section allows you to compare key financial metrics between Dover Corporation and The Marzetti Company. 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
DOV vs. MZTI - Profitability Comparison
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a gross profit of 798.14M and revenue of 2.05B. Therefore, the gross margin over that period was 38.9%.
MZTI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Marzetti Company reported a gross profit of 107.22M and revenue of 453.37M. Therefore, the gross margin over that period was 23.7%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported an operating income of 305.91M and revenue of 2.05B, resulting in an operating margin of 14.9%.
MZTI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Marzetti Company reported an operating income of 46.58M and revenue of 453.37M, resulting in an operating margin of 10.3%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Dover Corporation reported a net income of 238.43M and revenue of 2.05B, resulting in a net margin of 11.6%.
MZTI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Marzetti Company reported a net income of 37.06M and revenue of 453.37M, resulting in a net margin of 8.2%.
Frequently Asked Questions
DOV and MZTI have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MZTI has higher volatility (6.38%) compared to DOV (5.74%). In terms of maximum drawdown, DOV dropped -58.22% vs MZTI's -54.66%.
DOV currently has the higher Sharpe Ratio (0.91 vs -1.25), 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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