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

Performance

EW vs. BAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Edwards Lifesciences Corporation (EW) and Baxter International Inc. (BAX). The values are adjusted to include any dividend payments, if applicable.

0.00%1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%JuneJulyAugustSeptemberOctoberNovember
4,828.00%
231.88%
EW
BAX

Returns By Period

In the year-to-date period, EW achieves a -11.13% return, which is significantly higher than BAX's -15.38% return. Over the past 10 years, EW has outperformed BAX with an annualized return of 12.52%, while BAX has yielded a comparatively lower -0.35% annualized return.


EW

YTD

-11.13%

1M

-3.57%

6M

-23.98%

1Y

1.29%

5Y (annualized)

-3.56%

10Y (annualized)

12.52%

BAX

YTD

-15.38%

1M

-13.29%

6M

-7.84%

1Y

-7.00%

5Y (annualized)

-15.52%

10Y (annualized)

-0.35%

Fundamentals


EWBAX
Market Cap$39.34B$17.26B
EPS$2.55$0.46
PE Ratio25.8173.54
PEG Ratio6.081.70
Total Revenue (TTM)$5.87B$11.29B
Gross Profit (TTM)$4.57B$4.21B
EBITDA (TTM)$1.70B$2.03B

Key characteristics


EWBAX
Sharpe Ratio0.03-0.25
Sortino Ratio0.31-0.18
Omega Ratio1.070.98
Calmar Ratio0.02-0.10
Martin Ratio0.06-0.49
Ulcer Index17.65%13.47%
Daily Std Dev41.43%26.27%
Max Drawdown-54.32%-68.27%
Current Drawdown-48.15%-62.76%

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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.

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.


Sharpe ratio
The chart of Sharpe ratio for EW, currently valued at 0.03, compared to the broader market-4.00-2.000.002.000.03-0.25
The chart of Sortino ratio for EW, currently valued at 0.31, compared to the broader market-4.00-2.000.002.004.000.31-0.18
The chart of Omega ratio for EW, currently valued at 1.07, compared to the broader market0.501.001.502.001.070.98
The chart of Calmar ratio for EW, currently valued at 0.02, compared to the broader market0.002.004.006.000.02-0.10
The chart of Martin ratio for EW, currently valued at 0.06, compared to the broader market0.0010.0020.0030.000.06-0.49
EW
BAX

The current EW Sharpe Ratio is 0.03, which is higher than the BAX Sharpe Ratio of -0.25. The chart below compares the historical Sharpe Ratios of EW and BAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.00-0.500.000.50JuneJulyAugustSeptemberOctoberNovember
0.03
-0.25
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 3.63%.


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.
3.63%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 -54.32%, 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%JuneJulyAugustSeptemberOctoberNovember
-48.15%
-62.76%
EW
BAX

Volatility

EW vs. BAX - Volatility Comparison

Edwards Lifesciences Corporation (EW) and Baxter International Inc. (BAX) have volatilities of 6.41% and 6.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
6.41%
6.39%
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