HOLX vs. MDT

Last updated Jun 4, 2026

HOLX (Hologic, Inc.) and MDT (Medtronic plc) are both stocks. Both are in the Healthcare sector — HOLX in Medical Instruments & Supplies, MDT in Medical Devices. At a 0.26 correlation, their price movements are largely independent.

Performance

HOLX vs. MDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hologic, Inc. (HOLX) and Medtronic plc (MDT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HOLX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

MDT

• 1D: 5.69%
• 1M: -0.45%
• YTD: -18.19%
• 6M: -22.37%
• 1Y: -5.98%
• 3Y*: 0.86%
• 5Y*: -6.02%
• 10Y*: 2.02%

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

HOLX vs. MDT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HOLX Hologic, Inc.	2.04%	3.33%	0.90%	-4.49%	-2.29%	5.12%	39.49%	27.03%	-3.86%	6.56%
MDT Medtronic plc	-18.19%	24.05%	0.28%	9.58%	-22.55%	-9.79%	5.70%	27.34%	15.18%	15.90%

Correlation

The correlation between HOLX and MDT is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.43
Correlation (10Y) Calculated over the trailing 10-year period	0.44
Correlation (All Time) Calculated using the full available price history since Jun 22, 1990	0.26

The correlation between HOLX and MDT shifts across timeframes, from 0.26 (all time) to 0.44 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap HOLX : $17.17B MDT : $100.42B
EPS HOLX : $2.41 MDT : $3.58
PE Ratio HOLX : 31.54 MDT : 21.75
PS Ratio HOLX : 4.16 MDT : 2.83
Total Revenue (TTM) HOLX : $4.13B MDT : $35.48B
Gross Profit (TTM) HOLX : $2.18B MDT : $5.78B
EBITDA (TTM) HOLX : $1.01B MDT : $7.11B

Return for Risk

HOLX vs. MDT — Risk / Return Rank

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

MDT

MDT Risk / Return Rank: 28
MDT Sharpe Ratio Rank: 28
MDT Sortino Ratio Rank: 23
MDT Omega Ratio Rank: 24
MDT Calmar Ratio Rank: 33
MDT 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.

HOLX vs. MDT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hologic, Inc. (HOLX) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HOLX	MDT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.09	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.47	—

Drawdowns

Drawdown Indicators

	HOLX	MDT	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.63%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-28.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-28.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.10%	—
Current Drawdown Current decline from peak	—	-33.16%	—
Average Drawdown Average peak-to-trough decline	—	-16.54%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	10.92%	—

Volatility

Volatility by Period

	HOLX	MDT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	20.42%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.81%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.18%	—

Dividends

HOLX vs. MDT - Dividend Comparison

HOLX has not paid dividends to shareholders, while MDT's dividend yield for the trailing twelve months is around 3.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HOLX Hologic, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MDT Medtronic plc	3.64%	2.95%	3.49%	3.34%	3.44%	2.39%	1.95%	1.87%	2.15%	2.24%	2.34%	1.88%

Financials

Frequently Asked Questions

Can I hold both HOLX and MDT in my portfolio?

HOLX and MDT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.