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

Correlation

The correlation between EW and MCK is 0.28, 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.


-0.50.00.51.00.3

Performance

EW vs. MCK - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.67%
-3.72%
EW
MCK

Key characteristics

Sharpe Ratio

EW:

-0.04

MCK:

1.15

Sortino Ratio

EW:

0.23

MCK:

1.54

Omega Ratio

EW:

1.05

MCK:

1.27

Calmar Ratio

EW:

-0.03

MCK:

1.25

Martin Ratio

EW:

-0.10

MCK:

3.20

Ulcer Index

EW:

19.13%

MCK:

9.34%

Daily Std Dev

EW:

41.63%

MCK:

25.94%

Max Drawdown

EW:

-54.32%

MCK:

-82.83%

Current Drawdown

EW:

-43.43%

MCK:

-7.89%

Fundamentals

Market Cap

EW:

$43.72B

MCK:

$71.44B

EPS

EW:

$2.59

MCK:

$19.30

PE Ratio

EW:

28.62

MCK:

29.16

PEG Ratio

EW:

6.79

MCK:

1.05

Total Revenue (TTM)

EW:

$5.87B

MCK:

$330.19B

Gross Profit (TTM)

EW:

$4.57B

MCK:

$12.82B

EBITDA (TTM)

EW:

$1.70B

MCK:

$4.82B

Returns By Period

In the year-to-date period, EW achieves a -3.04% return, which is significantly lower than MCK's 25.69% return. Over the past 10 years, EW has outperformed MCK with an annualized return of 12.87%, while MCK has yielded a comparatively lower 11.49% annualized return.


EW

YTD

-3.04%

1M

5.31%

6M

-16.78%

1Y

-0.26%

5Y*

-1.27%

10Y*

12.87%

MCK

YTD

25.69%

1M

-5.81%

6M

-3.75%

1Y

30.49%

5Y*

34.36%

10Y*

11.49%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

EW vs. MCK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Edwards Lifesciences Corporation (EW) and McKesson Corporation (MCK). 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 -0.04, compared to the broader market-4.00-2.000.002.00-0.041.15
The chart of Sortino ratio for EW, currently valued at 0.23, compared to the broader market-4.00-2.000.002.004.000.231.54
The chart of Omega ratio for EW, currently valued at 1.05, compared to the broader market0.501.001.502.001.051.27
The chart of Calmar ratio for EW, currently valued at -0.03, compared to the broader market0.002.004.006.00-0.031.25
The chart of Martin ratio for EW, currently valued at -0.10, compared to the broader market0.0010.0020.00-0.103.20
EW
MCK

The current EW Sharpe Ratio is -0.04, which is lower than the MCK Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of EW and MCK, 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-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.04
1.15
EW
MCK

Dividends

EW vs. MCK - Dividend Comparison

EW has not paid dividends to shareholders, while MCK's dividend yield for the trailing twelve months is around 0.46%.


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%
MCK
McKesson Corporation
0.46%0.50%0.54%0.72%0.95%1.16%1.32%0.80%0.80%0.53%0.46%0.55%

Drawdowns

EW vs. MCK - Drawdown Comparison

The maximum EW drawdown since its inception was -54.32%, smaller than the maximum MCK drawdown of -82.83%. Use the drawdown chart below to compare losses from any high point for EW and MCK. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.43%
-7.89%
EW
MCK

Volatility

EW vs. MCK - Volatility Comparison

Edwards Lifesciences Corporation (EW) has a higher volatility of 8.18% compared to McKesson Corporation (MCK) at 4.80%. This indicates that EW's price experiences larger fluctuations and is considered to be riskier than MCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
8.18%
4.80%
EW
MCK

Financials

EW vs. MCK - Financials Comparison

This section allows you to compare key financial metrics between Edwards Lifesciences Corporation and McKesson Corporation. 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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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