DVA vs. FMS
DVA (DaVita Inc.) and FMS (Fresenius Medical Care AG & Co. KGaA) are both stocks. Both operate in the Medical Care Facilities industry within the Healthcare sector. Over the past 10 years, DVA returned 12.19%/yr vs -3.61%/yr for FMS. Their 0.29 correlation means their historical movements had little consistent relationship.
Performance
DVA vs. FMS - Performance Comparison
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Returns By Period
In the year-to-date period, DVA achieves a 111.33% return, which is significantly higher than FMS's 12.07% return. Over the past 10 years, DVA has outperformed FMS with an annualized return of 12.19%, while FMS has yielded a comparatively lower -3.61% annualized return.
DVA
- 1D
- 0.51%
- 1M
- 2.21%
- 6M
- 119.58%
- YTD
- 111.33%
- 1Y
- 73.38%
- 3Y*
- 32.85%
- 5Y*
- 14.83%
- 10Y*
- 12.19%
- ALL TIME*
- 14.77%
FMS
- 1D
- -0.16%
- 1M
- 9.05%
- 6M
- 17.59%
- YTD
- 12.07%
- 1Y
- 6.22%
- 3Y*
- 3.01%
- 5Y*
- -5.46%
- 10Y*
- -3.61%
- ALL TIME*
- 4.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DVA DaVita Inc. | $137.08M | $155.66M | $179.88M |
| $15.24M | $14.38M | $17.32M |
DVA vs. FMS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DVA DaVita Inc. | 111.33% | -24.03% | 42.75% | 40.30% | -34.36% | -3.10% | 56.47% | 45.80% | -28.78% | 12.54% |
FMS Fresenius Medical Care AG & Co. KGaA | 12.07% | 8.11% | 11.86% | 30.88% | -48.42% | -20.28% | 14.76% | 15.62% | -37.60% | 25.49% |
Correlation
The correlation between DVA and FMS is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.40 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.44 |
Correlation (All Time) Calculated using the full available price history since Sep 19, 1996 | 0.29 |
The correlation between DVA and FMS shifts across timeframes, from 0.29 (all time) to 0.44 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
DVA:
$15.41B
FMS:
$13.78B
DVA:
$14.48
FMS:
€1.66
DVA:
16.58
FMS:
13.37
DVA:
2.59
FMS:
0.49
DVA:
0.94
FMS:
0.65
DVA:
$13.84B
FMS:
€19.36B
DVA:
$3.23B
FMS:
€5.03B
DVA:
$2.49B
FMS:
€3.32B
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Return for Risk
DVA vs. FMS — Risk / Return Rank
DVA
FMS
DVA vs. FMS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DaVita Inc. (DVA) and Fresenius Medical Care AG & Co. KGaA (FMS). 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.
| DVA | FMS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.63 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.06 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.74 | 0.20 | +2.53 |
| Martin ratioReturn relative to average drawdown | 7.07 | 0.40 | +6.66 |
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Drawdowns
DVA vs. FMS - Drawdown Comparison
The maximum DVA drawdown since its inception was -92.91%, which is greater than FMS's maximum drawdown of -77.59%. Use the drawdown chart below to compare losses from any high point for DVA and FMS.
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Drawdown Indicators
| DVA | FMS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.91% | -77.59% | -15.32% |
Max Drawdown (1Y)Largest decline over 1 year | -26.08% | -26.34% | +0.26% |
Max Drawdown (3Y)Largest decline over 3 years | -41.43% | -37.31% | -4.12% |
Max Drawdown (5Y)Largest decline over 5 years | -51.10% | -67.83% | +16.73% |
Max Drawdown (10Y)Largest decline over 10 years | -51.10% | -75.61% | +24.51% |
Current DrawdownCurrent decline from peak | -0.36% | -44.82% | +44.46% |
Average DrawdownAverage peak-to-trough decline | -19.97% | -23.92% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.08% | 13.25% | -3.17% |
Volatility
DVA vs. FMS - Volatility Comparison
The current volatility for DaVita Inc. (DVA) is 5.75%, while Fresenius Medical Care AG & Co. KGaA (FMS) has a volatility of 6.21%. This indicates that DVA experiences smaller price fluctuations and is considered to be less risky than FMS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DVA | FMS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.75% | 6.21% | -0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 34.26% | 22.36% | +11.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 42.29% | 29.45% | +12.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.32% | 32.15% | +5.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.77% | 29.34% | +5.43% |
Dividends
DVA vs. FMS - Dividend Comparison
DVA has not paid dividends to shareholders, while FMS's dividend yield for the trailing twelve months is around 3.40%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVA DaVita Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FMS Fresenius Medical Care AG & Co. KGaA | 3.40% | 3.30% | 2.80% | 2.97% | 4.34% | 2.57% | 1.72% | 1.78% | 1.95% | 0.70% | 0.74% | 0.71% |
Financials
DVA vs. FMS - Financials Comparison
This section allows you to compare key financial metrics between DaVita Inc. and Fresenius Medical Care AG & Co. KGaA. 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
DVA vs. FMS - Profitability Comparison
DVA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DaVita Inc. reported a gross profit of 0.00 and revenue of 3.42B. Therefore, the gross margin over that period was 0.0%.
FMS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Fresenius Medical Care AG & Co. KGaA reported a gross profit of 1.18B and revenue of 4.61B. Therefore, the gross margin over that period was 25.6%.
DVA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DaVita Inc. reported an operating income of 481.89M and revenue of 3.42B, resulting in an operating margin of 14.1%.
FMS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Fresenius Medical Care AG & Co. KGaA reported an operating income of 375.56M and revenue of 4.61B, resulting in an operating margin of 8.1%.
DVA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DaVita Inc. reported a net income of 197.53M and revenue of 3.42B, resulting in a net margin of 5.8%.
FMS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Fresenius Medical Care AG & Co. KGaA reported a net income of 119.94M and revenue of 4.61B, resulting in a net margin of 2.6%.
Frequently Asked Questions
DVA and FMS have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMS has higher volatility (6.21%) compared to DVA (5.75%). In terms of maximum drawdown, DVA dropped -92.91% vs FMS's -77.59%.
DVA currently has the higher Sharpe Ratio (1.69 vs 0.18), 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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