GMED vs. NFLX
GMED (Globus Medical, Inc.) and NFLX (Netflix, Inc.) are both stocks. GMED operates in Medical Devices (Healthcare), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, GMED returned 12.07%/yr vs 22.56%/yr for NFLX. At a 0.23 correlation, their price movements are largely independent.
Performance
GMED vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, GMED achieves a -10.54% return, which is significantly higher than NFLX's -21.75% return. Over the past 10 years, GMED has underperformed NFLX with an annualized return of 12.07%, while NFLX has yielded a comparatively higher 22.56% annualized return.
GMED
- 1D
- 1.92%
- 1M
- -2.99%
- 6M
- -17.32%
- YTD
- -10.54%
- 1Y
- 36.75%
- 3Y*
- 8.91%
- 5Y*
- -0.63%
- 10Y*
- 12.07%
NFLX
- 1D
- -2.78%
- 1M
- -9.72%
- 6M
- -17.99%
- YTD
- -21.75%
- 1Y
- -41.07%
- 3Y*
- 18.56%
- 5Y*
- 6.48%
- 10Y*
- 22.56%
GMED vs. NFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GMED Globus Medical, Inc. | -10.54% | 5.56% | 55.21% | -28.25% | 2.87% | 10.70% | 10.77% | 36.04% | 5.30% | 65.66% |
NFLX Netflix, Inc. | -21.75% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between GMED and NFLX 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 | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012 | 0.23 |
The correlation between GMED and NFLX shifts across timeframes, from -0.03 (1 year) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
GMED:
$10.53B
NFLX:
$308.95B
GMED:
$4.28
NFLX:
$3.10
GMED:
18.23
NFLX:
23.69
GMED:
0.19
NFLX:
0.94
GMED:
3.45
NFLX:
6.76
GMED:
2.28
NFLX:
10.13
GMED:
$3.10B
NFLX:
$46.89B
GMED:
$1.58B
NFLX:
$22.99B
GMED:
$803.34M
NFLX:
$26.91B
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Return for Risk
GMED vs. NFLX — Risk / Return Rank
GMED
NFLX
GMED vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Globus Medical, Inc. (GMED) and Netflix, Inc. (NFLX). 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.
| GMED | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.92 | ||
| Sortino ratioReturn per unit of downside risk | +3.59 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.77 | +0.43 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | -0.93 | +2.53 |
| Martin ratioReturn relative to average drawdown | 3.87 | -1.67 | +5.54 |
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Drawdowns
GMED vs. NFLX - Drawdown Comparison
The maximum GMED drawdown since its inception was -47.91%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for GMED and NFLX.
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Drawdown Indicators
| GMED | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.91% | -81.99% | +34.08% |
Max Drawdown (1Y)Largest decline over 1 year | -22.10% | -44.36% | +22.26% |
Max Drawdown (3Y)Largest decline over 3 years | -44.40% | -47.06% | +2.66% |
Max Drawdown (5Y)Largest decline over 5 years | -47.91% | -75.95% | +28.04% |
Max Drawdown (10Y)Largest decline over 10 years | -47.91% | -75.95% | +28.04% |
Current DrawdownCurrent decline from peak | -19.32% | -45.21% | +25.89% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -24.96% | +9.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.13% | 24.72% | -15.59% |
Volatility
GMED vs. NFLX - Volatility Comparison
Globus Medical, Inc. (GMED) has a higher volatility of 13.69% compared to Netflix, Inc. (NFLX) at 11.87%. This indicates that GMED's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GMED | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.69% | 11.87% | +1.82% |
Volatility (6M)Calculated over the trailing 6-month period | 25.33% | 26.83% | -1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 49.46% | 34.48% | +14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.27% | 43.37% | -5.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.68% | 41.52% | -5.84% |
Dividends
GMED vs. NFLX - Dividend Comparison
Neither GMED nor NFLX has paid dividends to shareholders.
Financials
GMED vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Globus Medical, Inc. and Netflix, 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
GMED vs. NFLX - Profitability Comparison
GMED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a gross profit of 0.00 and revenue of 759.85M. Therefore, the gross margin over that period was 0.0%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
GMED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported an operating income of 150.39M and revenue of 759.85M, resulting in an operating margin of 19.8%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
GMED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Globus Medical, Inc. reported a net income of 124.30M and revenue of 759.85M, resulting in a net margin of 16.4%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
GMED and NFLX 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.
GMED has higher volatility (13.69%) compared to NFLX (11.87%). In terms of maximum drawdown, GMED dropped -47.91% vs NFLX's -81.99%.
GMED currently has the higher Sharpe Ratio (0.71 vs -1.21), 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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