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EW vs. BAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


EWBAX
YTD Return11.04%5.16%
1Y Return-3.29%-12.28%
3Y Return (Ann)-3.95%-20.55%
5Y Return (Ann)7.31%-10.43%
10Y Return (Ann)20.01%1.61%
Sharpe Ratio-0.13-0.47
Daily Std Dev28.36%27.04%
Max Drawdown-52.78%-68.27%
Current Drawdown-35.21%-53.72%

Fundamentals


EWBAX
Market Cap$52.02B$20.44B
EPS$2.30-$0.15
PE Ratio37.5885.61
PEG Ratio5.191.70
Revenue (TTM)$6.14B$14.81B
Gross Profit (TTM)$4.30B$6.03B
EBITDA (TTM)$1.92B$2.78B

Correlation

-0.50.00.51.00.4

The correlation between EW and BAX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

EW vs. BAX - Performance Comparison

In the year-to-date period, EW achieves a 11.04% return, which is significantly higher than BAX's 5.16% return. Over the past 10 years, EW has outperformed BAX with an annualized return of 20.01%, while BAX has yielded a comparatively lower 1.61% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%NovemberDecember2024FebruaryMarchApril
6,057.82%
312.41%
EW
BAX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Edwards Lifesciences Corporation

Baxter International Inc.

Risk-Adjusted Performance

EW vs. BAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Edwards Lifesciences Corporation (EW) and Baxter International Inc. (BAX). 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.


EW
Sharpe ratio
The chart of Sharpe ratio for EW, currently valued at -0.13, compared to the broader market-2.00-1.000.001.002.003.00-0.13
Sortino ratio
The chart of Sortino ratio for EW, currently valued at 0.01, compared to the broader market-4.00-2.000.002.004.006.000.01
Omega ratio
The chart of Omega ratio for EW, currently valued at 1.00, compared to the broader market0.501.001.501.00
Calmar ratio
The chart of Calmar ratio for EW, currently valued at -0.07, compared to the broader market0.002.004.006.00-0.07
Martin ratio
The chart of Martin ratio for EW, currently valued at -0.22, compared to the broader market-10.000.0010.0020.0030.00-0.22
BAX
Sharpe ratio
The chart of Sharpe ratio for BAX, currently valued at -0.47, compared to the broader market-2.00-1.000.001.002.003.00-0.47
Sortino ratio
The chart of Sortino ratio for BAX, currently valued at -0.47, compared to the broader market-4.00-2.000.002.004.006.00-0.47
Omega ratio
The chart of Omega ratio for BAX, currently valued at 0.93, compared to the broader market0.501.001.500.93
Calmar ratio
The chart of Calmar ratio for BAX, currently valued at -0.20, compared to the broader market0.002.004.006.00-0.20
Martin ratio
The chart of Martin ratio for BAX, currently valued at -0.69, compared to the broader market-10.000.0010.0020.0030.00-0.69

EW vs. BAX - Sharpe Ratio Comparison

The current EW Sharpe Ratio is -0.13, which is higher than the BAX Sharpe Ratio of -0.47. The chart below compares the 12-month rolling Sharpe Ratio of EW and BAX.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.50NovemberDecember2024FebruaryMarchApril
-0.13
-0.47
EW
BAX

Dividends

EW vs. BAX - Dividend Comparison

EW has not paid dividends to shareholders, while BAX's dividend yield for the trailing twelve months is around 2.87%.


TTM20232022202120202019201820172016201520142013
EW
Edwards Lifesciences Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
BAX
Baxter International Inc.
2.87%3.00%2.26%1.26%1.19%1.02%1.11%0.94%1.14%2.08%2.80%2.76%

Drawdowns

EW vs. BAX - Drawdown Comparison

The maximum EW drawdown since its inception was -52.78%, smaller than the maximum BAX drawdown of -68.27%. Use the drawdown chart below to compare losses from any high point for EW and BAX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%NovemberDecember2024FebruaryMarchApril
-35.21%
-53.72%
EW
BAX

Volatility

EW vs. BAX - Volatility Comparison

The current volatility for Edwards Lifesciences Corporation (EW) is 5.72%, while Baxter International Inc. (BAX) has a volatility of 6.72%. This indicates that EW experiences smaller price fluctuations and is considered to be less risky than BAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%NovemberDecember2024FebruaryMarchApril
5.72%
6.72%
EW
BAX

Financials

EW vs. BAX - Financials Comparison

This section allows you to compare key financial metrics between Edwards Lifesciences Corporation and Baxter International 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items