GMED vs. EW
Compare and contrast key facts about Globus Medical, Inc. (GMED) and Edwards Lifesciences Corporation (EW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GMED or EW.
Correlation
The correlation between GMED and EW is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GMED vs. EW - Performance Comparison
Key characteristics
GMED:
1.90
EW:
-0.07
GMED:
3.20
EW:
0.20
GMED:
1.42
EW:
1.04
GMED:
1.51
EW:
-0.05
GMED:
13.18
EW:
-0.14
GMED:
4.67%
EW:
19.08%
GMED:
32.34%
EW:
41.61%
GMED:
-47.91%
EW:
-54.32%
GMED:
-4.47%
EW:
-44.28%
Fundamentals
GMED:
$11.36B
EW:
$43.72B
GMED:
$0.62
EW:
$2.59
GMED:
134.55
EW:
28.62
GMED:
2.19
EW:
6.79
GMED:
$2.48B
EW:
$5.87B
GMED:
$1.35B
EW:
$4.57B
GMED:
$517.61M
EW:
$1.70B
Returns By Period
In the year-to-date period, GMED achieves a 53.46% return, which is significantly higher than EW's -4.51% return. Both investments have delivered pretty close results over the past 10 years, with GMED having a 12.98% annualized return and EW not far behind at 12.64%.
GMED
53.46%
-0.06%
22.02%
57.91%
6.83%
12.98%
EW
-4.51%
4.18%
-17.75%
-3.32%
-1.57%
12.64%
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Risk-Adjusted Performance
GMED vs. EW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and Edwards Lifesciences Corporation (EW). 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.
Dividends
GMED vs. EW - Dividend Comparison
Neither GMED nor EW has paid dividends to shareholders.
Drawdowns
GMED vs. EW - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum EW drawdown of -54.32%. Use the drawdown chart below to compare losses from any high point for GMED and EW. For additional features, visit the drawdowns tool.
Volatility
GMED vs. EW - Volatility Comparison
The current volatility for Globus Medical, Inc. (GMED) is 5.19%, while Edwards Lifesciences Corporation (EW) has a volatility of 8.07%. This indicates that GMED experiences smaller price fluctuations and is considered to be less risky than EW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GMED vs. EW - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, Inc. and Edwards Lifesciences 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