FDX vs. PMMF
FDX (FedEx Corporation) is a stock, while PMMF (iShares Prime Money Market ETF) is Money Market fund actively managed by BlackRock. Over the past year, FDX returned 116.89% vs 3.90% for PMMF. At a correlation of -0.00, they often move in opposite directions.
Performance
FDX vs. PMMF - Performance Comparison
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Returns By Period
In the year-to-date period, FDX achieves a 70.36% return, which is significantly higher than PMMF's 1.67% return.
FDX
- 1D
- -0.13%
- 1M
- 24.33%
- YTD
- 70.36%
- 6M
- 66.30%
- 1Y
- 116.89%
- 3Y*
- 30.73%
- 5Y*
- 13.05%
- 10Y*
- 14.28%
PMMF
- 1D
- -0.04%
- 1M
- 0.23%
- YTD
- 1.67%
- 6M
- 1.74%
- 1Y
- 3.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FDX vs. PMMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FDX FedEx Corporation | 70.36% | 17.15% |
PMMF iShares Prime Money Market ETF | 1.67% | 3.75% |
Correlation
The correlation between FDX and PMMF is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2025 | -0.00 |
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Return for Risk
FDX vs. PMMF — Risk / Return Rank
FDX
PMMF
FDX vs. PMMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FedEx Corporation (FDX) and iShares Prime Money Market ETF (PMMF). 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.
| FDX | PMMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.39 | ||
| Sortino ratioReturn per unit of downside risk | -57.55 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 24.94 | -23.33 |
| Calmar ratioReturn relative to maximum drawdown | 10.07 | 87.23 | -77.16 |
| Martin ratioReturn relative to average drawdown | 26.81 | 988.02 | -961.21 |
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Drawdowns
FDX vs. PMMF - Drawdown Comparison
The maximum FDX drawdown since its inception was -71.32%, which is greater than PMMF's maximum drawdown of -0.13%. Use the drawdown chart below to compare losses from any high point for FDX and PMMF.
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Drawdown Indicators
| FDX | PMMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.32% | -0.13% | -71.19% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -0.04% | -11.63% |
Max Drawdown (3Y)Largest decline over 3 years | -35.85% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -51.36% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -65.97% | — | — |
Current DrawdownCurrent decline from peak | -6.12% | -0.04% | -6.08% |
Average DrawdownAverage peak-to-trough decline | -20.29% | -0.00% | -20.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.39% | 0.00% | +4.39% |
Volatility
FDX vs. PMMF - Volatility Comparison
FedEx Corporation (FDX) has a higher volatility of 25.74% compared to iShares Prime Money Market ETF (PMMF) at 0.08%. This indicates that FDX's price experiences larger fluctuations and is considered to be riskier than PMMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDX | PMMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.74% | 0.08% | +25.66% |
Volatility (6M)Calculated over the trailing 6-month period | 32.34% | 0.14% | +32.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.33% | 0.21% | +39.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.90% | 0.35% | +34.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.95% | 0.35% | +33.60% |
Dividends
FDX vs. PMMF - Dividend Comparison
FDX's dividend yield for the trailing twelve months is around 26.80%, more than PMMF's 3.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDX FedEx Corporation | 26.80% | 1.98% | 1.92% | 1.95% | 2.42% | 1.12% | 1.00% | 1.72% | 1.52% | 0.76% | 0.78% | 0.64% |
PMMF iShares Prime Money Market ETF | 3.97% | 3.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDX and PMMF have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDX has higher volatility (25.74%) compared to PMMF (0.08%). In terms of maximum drawdown, FDX dropped -71.32% vs PMMF's -0.13%.
PMMF currently has the higher Sharpe Ratio (18.38 vs 2.99), 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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