HD vs. MDT
HD (The Home Depot, Inc.) and MDT (Medtronic plc) are both stocks. HD operates in Home Improvement Retail (Consumer Cyclical), while MDT operates in Medical Devices (Healthcare). Over the past 10 years, HD returned 11.84%/yr vs 2.04%/yr for MDT. At a 0.30 correlation, their price movements are largely independent.
Performance
HD vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, HD achieves a -8.71% return, which is significantly higher than MDT's -15.31% return. Over the past 10 years, HD has outperformed MDT with an annualized return of 11.84%, while MDT has yielded a comparatively lower 2.04% annualized return.
HD
- 1D
- -0.34%
- 1M
- -1.71%
- YTD
- -8.71%
- 6M
- -10.23%
- 1Y
- -13.44%
- 3Y*
- 3.97%
- 5Y*
- 2.68%
- 10Y*
- 11.84%
MDT
- 1D
- -1.20%
- 1M
- 5.96%
- YTD
- -15.31%
- 6M
- -19.07%
- 1Y
- -4.79%
- 3Y*
- 2.04%
- 5Y*
- -5.25%
- 10Y*
- 2.04%
HD vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | -8.71% | -9.33% | 15.00% | 12.77% | -21.98% | 59.51% | 24.50% | 30.56% | -7.30% | 44.61% |
MDT Medtronic plc | -15.31% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between HD and MDT is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.34 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 1982 | 0.30 |
The correlation between HD and MDT shifts across timeframes, from 0.26 (1 year) to 0.36 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
HD:
$308.47B
MDT:
$103.94B
HD:
$14.08
MDT:
$3.58
HD:
22.00
MDT:
22.52
HD:
1.85
MDT:
2.93
HD:
$166.59B
MDT:
$35.48B
HD:
$55.19B
MDT:
$5.78B
HD:
$23.12B
MDT:
$7.11B
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Return for Risk
HD vs. MDT — Risk / Return Rank
HD
MDT
HD vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for The Home Depot, Inc. (HD) and Medtronic plc (MDT). 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.
| HD | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.52 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 0.98 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.47 | -0.17 | -0.30 |
| Martin ratioReturn relative to average drawdown | -0.96 | -0.43 | -0.53 |
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
| HD | MDT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | -0.23 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | -0.24 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.09 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.47 | +0.21 |
Drawdowns
HD vs. MDT - Drawdown Comparison
The maximum HD drawdown since its inception was -70.46%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for HD and MDT.
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Drawdown Indicators
| HD | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.46% | -57.63% | -12.83% |
Max Drawdown (1Y)Largest decline over 1 year | -28.81% | -28.90% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -28.84% | -28.90% | +0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -34.73% | -45.10% | +10.37% |
Max Drawdown (10Y)Largest decline over 10 years | -37.99% | -45.10% | +7.11% |
Current DrawdownCurrent decline from peak | -25.37% | -30.81% | +5.44% |
Average DrawdownAverage peak-to-trough decline | -20.60% | -16.54% | -4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.08% | 11.17% | +2.91% |
Volatility
HD vs. MDT - Volatility Comparison
The current volatility for The Home Depot, Inc. (HD) is 6.57%, while Medtronic plc (MDT) has a volatility of 10.04%. This indicates that HD experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HD | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.57% | 10.04% | -3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 17.61% | 16.19% | +1.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.46% | 20.95% | +2.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.05% | 21.93% | +2.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.81% | 23.24% | +1.57% |
Dividends
HD vs. MDT - Dividend Comparison
HD's dividend yield for the trailing twelve months is around 2.99%, less than MDT's 3.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HD The Home Depot, Inc. | 2.99% | 2.67% | 2.31% | 2.41% | 2.41% | 1.59% | 2.26% | 2.49% | 2.40% | 1.88% | 2.06% | 1.78% |
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
HD vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between The Home Depot, Inc. and Medtronic plc. 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
Frequently Asked Questions
HD and MDT have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.04%) compared to HD (6.57%). In terms of maximum drawdown, HD dropped -70.46% vs MDT's -57.63%.
MDT currently has the higher Sharpe Ratio (-0.23 vs -0.58), 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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