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

Correlation

The correlation between EW and BAX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


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.

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Key characteristics

Sharpe Ratio

EW:

-0.38

BAX:

-0.37

Sortino Ratio

EW:

-0.16

BAX:

-0.35

Omega Ratio

EW:

0.97

BAX:

0.96

Calmar Ratio

EW:

-0.26

BAX:

-0.18

Martin Ratio

EW:

-0.62

BAX:

-0.78

Ulcer Index

EW:

22.85%

BAX:

15.51%

Daily Std Dev

EW:

41.37%

BAX:

32.38%

Max Drawdown

EW:

-54.32%

BAX:

-68.86%

Current Drawdown

EW:

-43.62%

BAX:

-63.63%

Fundamentals

Market Cap

EW:

$43.22B

BAX:

$15.61B

EPS

EW:

$2.42

BAX:

-$0.58

PEG Ratio

EW:

4.18

BAX:

2.00

PS Ratio

EW:

7.83

BAX:

1.45

PB Ratio

EW:

4.35

BAX:

2.26

Total Revenue (TTM)

EW:

$5.54B

BAX:

$11.89B

Gross Profit (TTM)

EW:

$4.39B

BAX:

$4.28B

EBITDA (TTM)

EW:

$1.77B

BAX:

$214.00M

Returns By Period

In the year-to-date period, EW achieves a -0.47% return, which is significantly lower than BAX's 6.48% return. Over the past 10 years, EW has outperformed BAX with an annualized return of 13.01%, while BAX has yielded a comparatively lower -0.34% annualized return.


EW

YTD

-0.47%

1M

5.41%

6M

11.25%

1Y

-15.72%

5Y*

0.29%

10Y*

13.01%

BAX

YTD

6.48%

1M

0.49%

6M

-9.90%

1Y

-11.76%

5Y*

-17.26%

10Y*

-0.34%

*Annualized

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Risk-Adjusted Performance

EW vs. BAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EW
The Risk-Adjusted Performance Rank of EW is 3333
Overall Rank
The Sharpe Ratio Rank of EW is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of EW is 3232
Sortino Ratio Rank
The Omega Ratio Rank of EW is 3030
Omega Ratio Rank
The Calmar Ratio Rank of EW is 3535
Calmar Ratio Rank
The Martin Ratio Rank of EW is 3939
Martin Ratio Rank

BAX
The Risk-Adjusted Performance Rank of BAX is 3232
Overall Rank
The Sharpe Ratio Rank of BAX is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of BAX is 2727
Sortino Ratio Rank
The Omega Ratio Rank of BAX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of BAX is 4040
Calmar Ratio Rank
The Martin Ratio Rank of BAX is 3434
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current EW Sharpe Ratio is -0.38, which is comparable to the BAX Sharpe Ratio of -0.37. 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.


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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 2.98%.


TTM20242023202220212020201920182017201620152014
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.
2.98%3.57%3.00%2.26%1.27%1.21%1.02%1.11%0.94%1.14%0.60%0.00%

Drawdowns

EW vs. BAX - Drawdown Comparison

The maximum EW drawdown since its inception was -54.32%, smaller than the maximum BAX drawdown of -68.86%. Use the drawdown chart below to compare losses from any high point for EW and BAX. For additional features, visit the drawdowns tool.


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Volatility

EW vs. BAX - Volatility Comparison


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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


500.00M1.00B1.50B2.00B2.50B3.00B3.50B4.00B20212022202320242025
1.41B
2.63B
(EW) Total Revenue
(BAX) Total Revenue
Values in USD except per share items

EW vs. BAX - Profitability Comparison

The chart below illustrates the profitability comparison between Edwards Lifesciences Corporation and Baxter International Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

30.0%40.0%50.0%60.0%70.0%80.0%20212022202320242025
78.8%
32.8%
(EW) Gross Margin
(BAX) Gross Margin
EW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Edwards Lifesciences Corporation reported a gross profit of 1.11B and revenue of 1.41B. Therefore, the gross margin over that period was 78.8%.

BAX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Baxter International Inc. reported a gross profit of 861.00M and revenue of 2.63B. Therefore, the gross margin over that period was 32.8%.

EW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Edwards Lifesciences Corporation reported an operating income of 409.90M and revenue of 1.41B, resulting in an operating margin of 29.0%.

BAX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Baxter International Inc. reported an operating income of -40.00M and revenue of 2.63B, resulting in an operating margin of -1.5%.

EW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Edwards Lifesciences Corporation reported a net income of 358.00M and revenue of 1.41B, resulting in a net margin of 25.3%.

BAX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Baxter International Inc. reported a net income of 320.00M and revenue of 2.63B, resulting in a net margin of 12.2%.