FLEX vs. DCI
FLEX (Flex Ltd.) and DCI (Donaldson Company, Inc.) are both stocks. FLEX operates in Electronic Components (Technology), while DCI operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, FLEX returned 35.66%/yr vs 11.09%/yr for DCI. At a 0.37 correlation, their price movements are largely independent.
Performance
FLEX vs. DCI - Performance Comparison
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Returns By Period
In the year-to-date period, FLEX achieves a 147.78% return, which is significantly higher than DCI's -2.28% return. Over the past 10 years, FLEX has outperformed DCI with an annualized return of 35.66%, while DCI has yielded a comparatively lower 11.09% annualized return.
FLEX
- 1D
- -1.50%
- 1M
- 8.60%
- YTD
- 147.78%
- 6M
- 117.60%
- 1Y
- 247.11%
- 3Y*
- 116.67%
- 5Y*
- 71.04%
- 10Y*
- 35.66%
DCI
- 1D
- 1.18%
- 1M
- 5.44%
- YTD
- -2.28%
- 6M
- -6.11%
- 1Y
- 27.67%
- 3Y*
- 13.77%
- 5Y*
- 8.47%
- 10Y*
- 11.09%
FLEX vs. DCI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLEX Flex Ltd. | 147.78% | 57.38% | 127.87% | 41.94% | 17.08% | 1.95% | 42.47% | 65.83% | -57.70% | 25.19% |
DCI Donaldson Company, Inc. | -2.28% | 33.71% | 4.62% | 12.80% | 0.96% | 7.56% | -1.41% | 34.98% | -9.95% | 18.17% |
Correlation
The correlation between FLEX and DCI is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.48 |
Correlation (All Time) Calculated using the full available price history since Mar 18, 1994 | 0.37 |
The correlation between FLEX and DCI shifts across timeframes, from 0.37 (all time) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
FLEX:
$55.99B
DCI:
$10.20B
FLEX:
$2.33
DCI:
$3.72
FLEX:
64.26
DCI:
23.23
FLEX:
3.35
DCI:
2.69
FLEX:
2.03
DCI:
2.68
FLEX:
10.88
DCI:
6.02
FLEX:
$27.91B
DCI:
$3.81B
FLEX:
$2.57B
DCI:
$1.30B
FLEX:
$1.66B
DCI:
$664.30M
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Return for Risk
FLEX vs. DCI — Risk / Return Rank
FLEX
DCI
FLEX vs. DCI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Flex Ltd. (FLEX) and Donaldson Company, Inc. (DCI). 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.
| FLEX | DCI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.01 | ||
| Sortino ratioReturn per unit of downside risk | +3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.21 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 13.34 | 1.00 | +12.35 |
| Martin ratioReturn relative to average drawdown | 31.62 | 2.17 | +29.45 |
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Drawdowns
FLEX vs. DCI - Drawdown Comparison
The maximum FLEX drawdown since its inception was -96.37%, which is greater than DCI's maximum drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for FLEX and DCI.
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Drawdown Indicators
| FLEX | DCI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.37% | -56.90% | -39.47% |
Max Drawdown (1Y)Largest decline over 1 year | -18.38% | -26.05% | +7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -39.99% | -26.05% | -13.94% |
Max Drawdown (5Y)Largest decline over 5 years | -39.99% | -32.20% | -7.79% |
Max Drawdown (10Y)Largest decline over 10 years | -70.02% | -42.72% | -27.30% |
Current DrawdownCurrent decline from peak | -7.55% | -21.65% | +14.10% |
Average DrawdownAverage peak-to-trough decline | -55.27% | -11.09% | -44.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.74% | 11.98% | -4.24% |
Volatility
FLEX vs. DCI - Volatility Comparison
Flex Ltd. (FLEX) has a higher volatility of 19.36% compared to Donaldson Company, Inc. (DCI) at 8.17%. This indicates that FLEX's price experiences larger fluctuations and is considered to be riskier than DCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLEX | DCI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.36% | 8.17% | +11.19% |
Volatility (6M)Calculated over the trailing 6-month period | 50.61% | 20.95% | +29.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.43% | 26.36% | +35.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 47.26% | 23.53% | +23.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.86% | 25.90% | +19.96% |
Dividends
FLEX vs. DCI - Dividend Comparison
FLEX has not paid dividends to shareholders, while DCI's dividend yield for the trailing twelve months is around 1.39%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DCI Donaldson Company, Inc. | 1.39% | 1.32% | 1.57% | 1.50% | 1.55% | 1.47% | 1.50% | 1.42% | 1.73% | 1.45% | 1.65% | 2.36% |
FLEX Flex Ltd. | 0.00% | 0.00% | 21.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
FLEX vs. DCI - Financials Comparison
This section allows you to compare key financial metrics between Flex Ltd. and Donaldson Company, 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.
Total Revenue: Total amount of money received from sales and other business activities
FLEX vs. DCI - Profitability Comparison
FLEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported a gross profit of 702.00M and revenue of 7.48B. Therefore, the gross margin over that period was 9.4%.
DCI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported a gross profit of 333.40M and revenue of 995.10M. Therefore, the gross margin over that period was 33.5%.
FLEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported an operating income of 372.00M and revenue of 7.48B, resulting in an operating margin of 5.0%.
DCI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported an operating income of 155.30M and revenue of 995.10M, resulting in an operating margin of 15.6%.
FLEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Flex Ltd. reported a net income of 250.00M and revenue of 7.48B, resulting in a net margin of 3.3%.
DCI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Donaldson Company, Inc. reported a net income of 118.10M and revenue of 995.10M, resulting in a net margin of 11.9%.
Frequently Asked Questions
FLEX and DCI have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLEX has higher volatility (19.36%) compared to DCI (8.17%). In terms of maximum drawdown, FLEX dropped -96.37% vs DCI's -56.90%.
FLEX currently has the higher Sharpe Ratio (3.99 vs 0.99), 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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