FTV vs. XYL

Last updated Jun 23, 2026

FTV (Fortive Corporation) and XYL (Xylem Inc.) are both stocks. FTV operates in Scientific & Technical Instruments (Technology), while XYL operates in Specialty Industrial Machinery (Industrials). Over the past 5 years, FTV returned 3.91%/yr vs 0.45%/yr for XYL. A 0.64 correlation means they provide meaningful diversification when combined.

Performance

FTV vs. XYL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fortive Corporation (FTV) and Xylem Inc. (XYL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTV achieves a 11.93% return, which is significantly higher than XYL's -17.32% return.

FTV

• 1D: 1.15%
• 1M: 4.40%
• YTD: 11.93%
• 6M: 10.99%
• 1Y: 18.14%
• 3Y*: 5.32%
• 5Y*: 3.91%
• 10Y*: —

XYL

• 1D: 0.31%
• 1M: 1.75%
• YTD: -17.32%
• 6M: -19.07%
• 1Y: -9.03%
• 3Y*: 1.45%
• 5Y*: 0.45%
• 10Y*: 11.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTV vs. XYL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTV Fortive Corporation	11.93%	-1.77%	2.28%	15.08%	-15.41%	8.14%	11.23%	13.33%	-6.14%	35.49%
XYL Xylem Inc.	-17.32%	18.78%	2.57%	4.77%	-6.60%	18.94%	30.90%	19.59%	-1.01%	39.50%

Correlation

The correlation between FTV and XYL is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jul 1, 2016	0.64

The correlation between FTV and XYL shifts across timeframes, from 0.46 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap FTV : $19.29B XYL : $27.20B
EPS FTV : $1.66 XYL : $4.02
PE Ratio FTV : 37.07 XYL : 27.78
PEG Ratio FTV : 9.46 XYL : 1.75
PS Ratio FTV : 4.25 XYL : 3.91
PB Ratio FTV : 3.17 XYL : 2.48
Total Revenue (TTM) FTV : $4.74B XYL : $6.97B
Gross Profit (TTM) FTV : $2.93B XYL : $2.71B
EBITDA (TTM) FTV : $1.11B XYL : $1.41B

Return for Risk

FTV vs. XYL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTV

FTV Risk / Return Rank: 63
FTV Sharpe Ratio Rank: 65
FTV Sortino Ratio Rank: 60
FTV Omega Ratio Rank: 58
FTV Calmar Ratio Rank: 68
FTV Martin Ratio Rank: 66

XYL

XYL Risk / Return Rank: 27
XYL Sharpe Ratio Rank: 26
XYL Sortino Ratio Rank: 23
XYL Omega Ratio Rank: 23
XYL Calmar Ratio Rank: 32
XYL Martin Ratio Rank: 30

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTV vs. XYL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fortive Corporation (FTV) and Xylem Inc. (XYL). 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.

	FTV	XYL	Difference
Sharpe ratio: Return per unit of total volatility	0.70	-0.37	+1.07
Sortino ratio: Return per unit of downside risk	1.21	-0.38	+1.58
Omega ratio: Gain probability vs. loss probability	1.15	0.95	+0.19
Calmar ratio: Return relative to maximum drawdown	1.33	-0.30	+1.63
Martin ratio: Return relative to average drawdown	2.68	-0.64	+3.32

FTV vs. XYL - Sharpe Ratio Comparison

The current FTV Sharpe Ratio is 0.70, which is higher than the XYL Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of FTV and XYL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTV vs. XYL - Drawdown Comparison

The maximum FTV drawdown since its inception was -52.65%, which is greater than XYL's maximum drawdown of -46.69%. Use the drawdown chart below to compare losses from any high point for FTV and XYL.

Drawdown Indicators

	FTV	XYL	Difference
Max Drawdown Largest peak-to-trough decline	-52.65%	-46.69%	-5.96%
Max Drawdown (1Y) Largest decline over 1 year	-13.73%	-30.04%	+16.31%
Max Drawdown (3Y) Largest decline over 3 years	-28.03%	-30.04%	+2.01%
Max Drawdown (5Y) Largest decline over 5 years	-32.10%	-46.69%	+14.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-46.69%	—
Current Drawdown Current decline from peak	-4.13%	-26.18%	+22.05%
Average Drawdown Average peak-to-trough decline	-11.30%	-10.42%	-0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.79%	14.05%	-7.26%

Volatility

FTV vs. XYL - Volatility Comparison

Fortive Corporation (FTV) has a higher volatility of 7.23% compared to Xylem Inc. (XYL) at 5.70%. This indicates that FTV's price experiences larger fluctuations and is considered to be riskier than XYL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTV	XYL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.23%	5.70%	+1.53%
Volatility (6M) Calculated over the trailing 6-month period	20.93%	19.31%	+1.62%
Volatility (1Y) Calculated over the trailing 1-year period	25.96%	24.51%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.12%	26.07%	-0.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.47%	27.32%	-0.85%

Dividends

FTV vs. XYL - Dividend Comparison

FTV's dividend yield for the trailing twelve months is around 0.47%, less than XYL's 1.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTV Fortive Corporation	0.47%	0.53%	0.43%	0.39%	0.44%	0.37%	0.35%	0.37%	0.41%	0.39%	0.26%	0.00%
XYL Xylem Inc.	1.49%	1.17%	1.24%	1.15%	1.09%	0.93%	1.02%	1.22%	1.26%	1.06%	1.25%	1.54%

Financials

Frequently Asked Questions

Can I hold both FTV and XYL in my portfolio?

FTV and XYL have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTV or XYL?

FTV has higher volatility (7.23%) compared to XYL (5.70%). In terms of maximum drawdown, FTV dropped -52.65% vs XYL's -46.69%.

Which has better risk-adjusted returns?

FTV currently has the higher Sharpe Ratio (0.70 vs -0.37), 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.