FSNUY vs. BAX
FSNUY (Fresenius SE & Co KGaA ADR) and BAX (Baxter International Inc.) are both stocks. Both are in the Healthcare sector — FSNUY in Medical Care Facilities, BAX in Medical Instruments & Supplies. Over the past 10 years, FSNUY returned -2.58%/yr vs -5.56%/yr for BAX. At a 0.27 correlation, their price movements are largely independent.
Performance
FSNUY vs. BAX - Performance Comparison
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Returns By Period
In the year-to-date period, FSNUY achieves a -12.65% return, which is significantly lower than BAX's 18.49% return. Over the past 10 years, FSNUY has outperformed BAX with an annualized return of -2.58%, while BAX has yielded a comparatively lower -5.56% annualized return.
FSNUY
- 1D
- 0.50%
- 1M
- 11.54%
- 6M
- -12.59%
- YTD
- -12.65%
- 1Y
- 1.73%
- 3Y*
- 22.89%
- 5Y*
- 0.51%
- 10Y*
- -2.58%
BAX
- 1D
- 0.71%
- 1M
- 8.44%
- 6M
- 7.47%
- YTD
- 18.49%
- 1Y
- -20.51%
- 3Y*
- -19.43%
- 5Y*
- -20.82%
- 10Y*
- -5.56%
FSNUY vs. BAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSNUY Fresenius SE & Co KGaA ADR | -12.65% | 67.46% | 13.27% | 14.30% | -28.04% | -13.22% | -14.81% | 16.17% | -36.99% | 0.26% |
BAX Baxter International Inc. | 18.49% | -33.28% | -22.40% | -21.91% | -39.58% | 8.48% | -2.95% | 28.40% | 2.89% | 47.30% |
Correlation
The correlation between FSNUY and BAX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2011 | 0.27 |
Fundamentals
FSNUY:
$110.48B
BAX:
$11.68B
FSNUY:
€0.16
BAX:
-$1.74
FSNUY:
4.16
BAX:
1.03
FSNUY:
4.83
BAX:
1.93
FSNUY:
€23.07B
BAX:
$11.32B
FSNUY:
€5.82B
BAX:
$3.41B
FSNUY:
€3.35B
BAX:
$399.00M
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Return for Risk
FSNUY vs. BAX — Risk / Return Rank
FSNUY
BAX
FSNUY vs. BAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fresenius SE & Co KGaA ADR (FSNUY) 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.
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.
| FSNUY | BAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.94 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 0.02 | -0.51 | +0.53 |
| Martin ratioReturn relative to average drawdown | 0.03 | -0.76 | +0.79 |
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Drawdowns
FSNUY vs. BAX - Drawdown Comparison
The maximum FSNUY drawdown since its inception was -76.49%, smaller than the maximum BAX drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for FSNUY and BAX.
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Drawdown Indicators
| FSNUY | BAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.49% | -81.15% | +4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -52.39% | -45.49% | -6.90% |
Max Drawdown (3Y)Largest decline over 3 years | -52.39% | -65.90% | +13.51% |
Max Drawdown (5Y)Largest decline over 5 years | -64.24% | -80.61% | +16.37% |
Max Drawdown (10Y)Largest decline over 10 years | -76.49% | -81.15% | +4.66% |
Current DrawdownCurrent decline from peak | -44.24% | -73.00% | +28.76% |
Average DrawdownAverage peak-to-trough decline | -29.00% | -21.74% | -7.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.92% | 31.55% | +2.37% |
Volatility
FSNUY vs. BAX - Volatility Comparison
The current volatility for Fresenius SE & Co KGaA ADR (FSNUY) is 6.71%, while Baxter International Inc. (BAX) has a volatility of 11.66%. This indicates that FSNUY experiences smaller price fluctuations and is considered to be less risky than BAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSNUY | BAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.71% | 11.66% | -4.95% |
Volatility (6M)Calculated over the trailing 6-month period | 20.77% | 33.52% | -12.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.22% | 47.14% | -7.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.09% | 34.13% | -3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.97% | 29.42% | +1.55% |
Dividends
FSNUY vs. BAX - Dividend Comparison
FSNUY's dividend yield for the trailing twelve months is around 2.52%, more than BAX's 0.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BAX Baxter International Inc. | 0.88% | 2.72% | 3.57% | 3.00% | 2.26% | 1.26% | 1.19% | 1.02% | 1.11% | 0.94% | 1.14% | 87.05% |
FSNUY Fresenius SE & Co KGaA ADR | 2.52% | 1.92% | 0.00% | 3.20% | 3.44% | 1.82% | 2.04% | 1.08% | 1.27% | 0.58% | 0.51% | 0.45% |
Financials
FSNUY vs. BAX - Financials Comparison
This section allows you to compare key financial metrics between Fresenius SE & Co KGaA ADR 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.
Total Revenue: Total amount of money received from sales and other business activities
FSNUY vs. BAX - Profitability Comparison
FSNUY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Fresenius SE & Co KGaA ADR reported a gross profit of 1.56B and revenue of 5.91B. Therefore, the gross margin over that period was 26.4%.
BAX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Baxter International Inc. reported a gross profit of 891.00M and revenue of 2.70B. Therefore, the gross margin over that period was 33.0%.
FSNUY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Fresenius SE & Co KGaA ADR reported an operating income of 639.34M and revenue of 5.91B, resulting in an operating margin of 10.8%.
BAX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Baxter International Inc. reported an operating income of -42.00M and revenue of 2.70B, resulting in an operating margin of -1.6%.
FSNUY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Fresenius SE & Co KGaA ADR reported a net income of 442.15M and revenue of 5.91B, resulting in a net margin of 7.5%.
BAX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Baxter International Inc. reported a net income of 190.00M and revenue of 2.70B, resulting in a net margin of 7.0%.
Frequently Asked Questions
FSNUY and BAX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BAX has higher volatility (11.66%) compared to FSNUY (6.71%). In terms of maximum drawdown, FSNUY dropped -76.49% vs BAX's -81.15%.
FSNUY currently has the higher Sharpe Ratio (0.03 vs -0.49), 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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