DOV vs. WMT
DOV (Dover Corporation) and WMT (Walmart Inc.) are both stocks. DOV operates in Specialty Industrial Machinery (Industrials), while WMT operates in Discount Stores (Consumer Defensive). Over the past 10 years, DOV returned 16.36%/yr vs 19.77%/yr for WMT. At a 0.29 correlation, their price movements are largely independent.
Performance
DOV vs. WMT - Performance Comparison
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Returns By Period
In the year-to-date period, DOV achieves a 11.89% return, which is significantly higher than WMT's 9.07% return. Over the past 10 years, DOV has underperformed WMT with an annualized return of 16.36%, while WMT has yielded a comparatively higher 19.77% annualized return.
DOV
- 1D
- -0.50%
- 1M
- 3.41%
- YTD
- 11.89%
- 6M
- 9.71%
- 1Y
- 24.45%
- 3Y*
- 15.73%
- 5Y*
- 8.79%
- 10Y*
- 16.36%
WMT
- 1D
- 0.45%
- 1M
- -7.92%
- YTD
- 9.07%
- 6M
- 4.13%
- 1Y
- 29.24%
- 3Y*
- 34.18%
- 5Y*
- 22.42%
- 10Y*
- 19.77%
DOV vs. WMT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 11.89% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
WMT Walmart Inc. | 9.07% | 24.49% | 73.99% | 12.88% | -0.46% | 1.97% | 23.32% | 30.16% | -3.43% | 46.56% |
Correlation
The correlation between DOV and WMT is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.29 |
Over the past year, the correlation between DOV and WMT has dropped to 0.00 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.
Fundamentals
DOV:
$29.55B
WMT:
$968.20B
DOV:
$8.01
WMT:
$2.88
DOV:
27.14
WMT:
42.04
DOV:
1.12
WMT:
2.75
DOV:
3.61
WMT:
1.34
DOV:
3.95
WMT:
10.26
DOV:
$8.28B
WMT:
$725.31B
DOV:
$3.27B
WMT:
$181.16B
DOV:
$1.78B
WMT:
$44.32B
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Return for Risk
DOV vs. WMT — Risk / Return Rank
DOV
WMT
DOV vs. WMT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dover Corporation (DOV) and Walmart Inc. (WMT). 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.
| DOV | WMT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.83 | -0.33 |
| Martin ratioReturn relative to average drawdown | 3.42 | 5.82 | -2.40 |
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Drawdowns
DOV vs. WMT - Drawdown Comparison
The maximum DOV drawdown since its inception was -58.22%, smaller than the maximum WMT drawdown of -77.14%. Use the drawdown chart below to compare losses from any high point for DOV and WMT.
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Drawdown Indicators
| DOV | WMT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.22% | -77.14% | +18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -15.34% | -15.75% | +0.41% |
Max Drawdown (3Y)Largest decline over 3 years | -26.59% | -21.93% | -4.66% |
Max Drawdown (5Y)Largest decline over 5 years | -35.56% | -25.74% | -9.82% |
Max Drawdown (10Y)Largest decline over 10 years | -45.24% | -25.74% | -19.50% |
Current DrawdownCurrent decline from peak | -6.36% | -9.81% | +3.45% |
Average DrawdownAverage peak-to-trough decline | -13.14% | -14.63% | +1.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.71% | 4.94% | +1.77% |
Volatility
DOV vs. WMT - Volatility Comparison
The current volatility for Dover Corporation (DOV) is 7.17%, while Walmart Inc. (WMT) has a volatility of 9.86%. This indicates that DOV experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DOV | WMT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.17% | 9.86% | -2.69% |
Volatility (6M)Calculated over the trailing 6-month period | 18.33% | 18.49% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.36% | 23.67% | +0.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.87% | 21.68% | +3.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.75% | 21.73% | +5.02% |
Dividends
DOV vs. WMT - Dividend Comparison
DOV's dividend yield for the trailing twelve months is around 0.96%, more than WMT's 0.80% 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% |
WMT Walmart Inc. | 0.80% | 0.84% | 0.92% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% |
Financials
DOV vs. WMT - Financials Comparison
This section allows you to compare key financial metrics between Dover Corporation and Walmart 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
DOV vs. WMT - 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%.
WMT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a gross profit of 44.69B and revenue of 177.75B. Therefore, the gross margin over that period was 25.1%.
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%.
WMT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported an operating income of 7.49B and revenue of 177.75B, resulting in an operating margin of 4.2%.
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%.
WMT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Walmart Inc. reported a net income of 5.65B and revenue of 177.75B, resulting in a net margin of 3.2%.
Frequently Asked Questions
DOV and WMT have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WMT has higher volatility (9.86%) compared to DOV (7.17%). In terms of maximum drawdown, DOV dropped -58.22% vs WMT's -77.14%.
WMT currently has the higher Sharpe Ratio (1.22 vs 0.94), 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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