FTS vs. MCK
FTS (Fortis Inc) and MCK (McKesson Corporation) are both stocks. FTS operates in Utilities - Regulated Electric (Utilities), while MCK operates in Medical Distribution (Healthcare). Over the past 10 years, FTS returned 9.61%/yr vs 16.13%/yr for MCK. At a 0.21 correlation, their price movements are largely independent.
Performance
FTS vs. MCK - Performance Comparison
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Returns By Period
In the year-to-date period, FTS achieves a 7.82% return, which is significantly higher than MCK's -6.36% return. Over the past 10 years, FTS has underperformed MCK with an annualized return of 9.61%, while MCK has yielded a comparatively higher 16.13% annualized return.
FTS
- 1D
- -1.47%
- 1M
- -0.98%
- YTD
- 7.82%
- 6M
- 10.63%
- 1Y
- 19.97%
- 3Y*
- 13.17%
- 5Y*
- 7.82%
- 10Y*
- 9.61%
MCK
- 1D
- -1.16%
- 1M
- 4.27%
- YTD
- -6.36%
- 6M
- -3.74%
- 1Y
- 7.98%
- 3Y*
- 25.42%
- 5Y*
- 32.82%
- 10Y*
- 16.13%
FTS vs. MCK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTS Fortis Inc | 7.82% | 29.62% | 5.81% | 7.38% | -13.69% | 22.73% | 1.91% | 29.00% | -5.86% | 24.45% |
MCK McKesson Corporation | -6.36% | 44.54% | 23.67% | 24.13% | 51.82% | 44.23% | 27.06% | 26.72% | -28.40% | 11.95% |
Correlation
The correlation between FTS and MCK is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.16 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.21 |
The correlation between FTS and MCK shifts across timeframes, from 0.16 (3 years) to 0.29 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FTS:
$28.01B
MCK:
$94.07B
FTS:
$3.40
MCK:
$38.38
FTS:
16.21
MCK:
19.97
FTS:
2.36
MCK:
0.27
FTS:
2.39
MCK:
0.24
FTS:
1.23
MCK:
13.60
FTS:
$12.22B
MCK:
$403.43B
FTS:
$7.44B
MCK:
$14.55B
FTS:
$5.80B
MCK:
$6.91B
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Return for Risk
FTS vs. MCK — Risk / Return Rank
FTS
MCK
FTS vs. MCK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fortis Inc (FTS) 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.
| FTS | MCK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.08 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 0.29 | +2.93 |
| Martin ratioReturn relative to average drawdown | 8.05 | 0.79 | +7.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FTS | MCK | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 0.28 | +1.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 1.36 | -0.88 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.56 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.44 | +0.16 |
Drawdowns
FTS vs. MCK - Drawdown Comparison
The maximum FTS drawdown since its inception was -34.36%, smaller than the maximum MCK drawdown of -82.84%. Use the drawdown chart below to compare losses from any high point for FTS and MCK.
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Drawdown Indicators
| FTS | MCK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.36% | -82.84% | +48.48% |
Max Drawdown (1Y)Largest decline over 1 year | -6.23% | -27.17% | +20.94% |
Max Drawdown (3Y)Largest decline over 3 years | -14.46% | -27.17% | +12.71% |
Max Drawdown (5Y)Largest decline over 5 years | -29.96% | -27.17% | -2.79% |
Max Drawdown (10Y)Largest decline over 10 years | -34.36% | -44.23% | +9.87% |
Current DrawdownCurrent decline from peak | -5.16% | -22.92% | +17.76% |
Average DrawdownAverage peak-to-trough decline | -6.84% | -28.65% | +21.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 10.06% | -7.57% |
Volatility
FTS vs. MCK - Volatility Comparison
The current volatility for Fortis Inc (FTS) is 4.54%, while McKesson Corporation (MCK) has a volatility of 6.94%. This indicates that FTS experiences smaller price fluctuations and is considered to be less risky than MCK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FTS | MCK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.54% | 6.94% | -2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 10.48% | 22.76% | -12.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.39% | 29.16% | -15.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.30% | 24.20% | -7.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.94% | 28.82% | -9.88% |
Dividends
FTS vs. MCK - Dividend Comparison
FTS's dividend yield for the trailing twelve months is around 3.34%, more than MCK's 0.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTS Fortis Inc | 3.34% | 3.42% | 4.62% | 4.50% | 4.48% | 3.40% | 3.54% | 3.31% | 3.35% | 4.43% | 4.94% | 0.00% |
MCK McKesson Corporation | 0.43% | 0.37% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% |
Financials
FTS vs. MCK - Financials Comparison
This section allows you to compare key financial metrics between Fortis Inc 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.
Total Revenue: Total amount of money received from sales and other business activities
FTS vs. MCK - Profitability Comparison
FTS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported a gross profit of 935.41M and revenue of 3.39B. Therefore, the gross margin over that period was 27.6%.
MCK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a gross profit of 4.04B and revenue of 96.30B. Therefore, the gross margin over that period was 4.2%.
FTS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported an operating income of 935.41M and revenue of 3.39B, resulting in an operating margin of 27.6%.
MCK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported an operating income of 2.09B and revenue of 96.30B, resulting in an operating margin of 2.2%.
FTS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fortis Inc reported a net income of 524.35M and revenue of 3.39B, resulting in a net margin of 15.5%.
MCK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a net income of 1.68B and revenue of 96.30B, resulting in a net margin of 1.8%.
Frequently Asked Questions
FTS and MCK have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCK has higher volatility (6.94%) compared to FTS (4.54%). In terms of maximum drawdown, FTS dropped -34.36% vs MCK's -82.84%.
FTS currently has the higher Sharpe Ratio (1.50 vs 0.28), 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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