FNMAS vs. BSX
FNMAS (Federal National Mortgage Association) and BSX (Boston Scientific Corporation) are both stocks. FNMAS operates in Mortgage Finance (Financial Services), while BSX operates in Medical Devices (Healthcare). Over the past 10 years, FNMAS returned 10.29%/yr vs 7.08%/yr for BSX. At a 0.09 correlation, their price movements are largely independent.
Performance
FNMAS vs. BSX - Performance Comparison
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Returns By Period
In the year-to-date period, FNMAS achieves a -22.52% return, which is significantly higher than BSX's -53.51% return. Over the past 10 years, FNMAS has outperformed BSX with an annualized return of 10.29%, while BSX has yielded a comparatively lower 7.08% annualized return.
FNMAS
- 1D
- -0.84%
- 1M
- -10.13%
- YTD
- -22.52%
- 6M
- -22.11%
- 1Y
- -17.83%
- 3Y*
- 73.48%
- 5Y*
- 36.17%
- 10Y*
- 10.29%
BSX
- 1D
- -2.12%
- 1M
- -23.28%
- YTD
- -53.51%
- 6M
- -54.03%
- 1Y
- -56.24%
- 3Y*
- -6.35%
- 5Y*
- 0.25%
- 10Y*
- 7.08%
FNMAS vs. BSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNMAS Federal National Mortgage Association | -22.52% | 27.66% | 270.50% | 37.61% | -25.00% | -63.64% | -28.20% | 71.94% | -21.02% | 10.00% |
BSX Boston Scientific Corporation | -53.51% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | 42.56% | 14.61% |
Correlation
The correlation between FNMAS and BSX is -0.03, 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 | -0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.09 |
The correlation between FNMAS and BSX shifts across timeframes, from -0.03 (1 year) to 0.09 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FNMAS:
$69.54B
BSX:
$66.27B
FNMAS:
$2.77
BSX:
$2.38
FNMAS:
4.26
BSX:
18.65
FNMAS:
0.00
BSX:
0.42
FNMAS:
0.43
BSX:
3.21
FNMAS:
$160.91B
BSX:
$20.62B
FNMAS:
$85.61B
BSX:
$14.52B
FNMAS:
$143.41B
BSX:
$4.76B
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Return for Risk
FNMAS vs. BSX — Risk / Return Rank
FNMAS
BSX
FNMAS vs. BSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federal National Mortgage Association (FNMAS) and Boston Scientific Corporation (BSX). 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.
| FNMAS | BSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +2.06 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.64 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | -0.96 | +0.49 |
| Martin ratioReturn relative to average drawdown | -0.89 | -2.05 | +1.16 |
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Drawdowns
FNMAS vs. BSX - Drawdown Comparison
The maximum FNMAS drawdown since its inception was -89.36%, roughly equal to the maximum BSX drawdown of -89.15%. Use the drawdown chart below to compare losses from any high point for FNMAS and BSX.
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Drawdown Indicators
| FNMAS | BSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.36% | -89.15% | -0.21% |
Max Drawdown (1Y)Largest decline over 1 year | -38.53% | -59.01% | +20.48% |
Max Drawdown (3Y)Largest decline over 3 years | -38.53% | -59.01% | +20.48% |
Max Drawdown (5Y)Largest decline over 5 years | -63.55% | -59.01% | -4.54% |
Max Drawdown (10Y)Largest decline over 10 years | -89.36% | -59.01% | -30.35% |
Current DrawdownCurrent decline from peak | -32.84% | -59.01% | +26.17% |
Average DrawdownAverage peak-to-trough decline | -42.61% | -38.77% | -3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.12% | 27.47% | -7.35% |
Volatility
FNMAS vs. BSX - Volatility Comparison
The current volatility for Federal National Mortgage Association (FNMAS) is 9.34%, while Boston Scientific Corporation (BSX) has a volatility of 14.47%. This indicates that FNMAS experiences smaller price fluctuations and is considered to be less risky than BSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNMAS | BSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.34% | 14.47% | -5.13% |
Volatility (6M)Calculated over the trailing 6-month period | 32.80% | 32.98% | -0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 35.03% | +5.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 66.84% | 25.78% | +41.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.24% | 27.34% | +33.90% |
Dividends
FNMAS vs. BSX - Dividend Comparison
Neither FNMAS nor BSX has paid dividends to shareholders.
Financials
FNMAS vs. BSX - Financials Comparison
This section allows you to compare key financial metrics between Federal National Mortgage Association and Boston Scientific 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.
Total Revenue: Total amount of money received from sales and other business activities
FNMAS vs. BSX - Profitability Comparison
FNMAS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported a gross profit of 0.00 and revenue of 40.22B. Therefore, the gross margin over that period was 0.0%.
BSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a gross profit of 3.61B and revenue of 5.20B. Therefore, the gross margin over that period was 69.4%.
FNMAS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported an operating income of 0.00 and revenue of 40.22B, resulting in an operating margin of 0.0%.
BSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported an operating income of 1.07B and revenue of 5.20B, resulting in an operating margin of 20.6%.
FNMAS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Federal National Mortgage Association reported a net income of 5.61B and revenue of 40.22B, resulting in a net margin of 13.9%.
BSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a net income of 1.34B and revenue of 5.20B, resulting in a net margin of 25.7%.
Frequently Asked Questions
FNMAS and BSX have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSX has higher volatility (14.47%) compared to FNMAS (9.34%). In terms of maximum drawdown, FNMAS dropped -89.36% vs BSX's -89.15%.
FNMAS currently has the higher Sharpe Ratio (-0.45 vs -1.61), 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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