HTO vs. NDSN
HTO (H2O America) and NDSN (Nordson Corporation) are both stocks. HTO operates in Utilities - Regulated Water (Utilities), while NDSN operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, HTO returned 6.48%/yr vs 14.17%/yr for NDSN. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
HTO vs. NDSN - Performance Comparison
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Returns By Period
In the year-to-date period, HTO achieves a 27.22% return, which is significantly higher than NDSN's 24.59% return. Over the past 10 years, HTO has underperformed NDSN with an annualized return of 6.48%, while NDSN has yielded a comparatively higher 14.17% annualized return.
HTO
- 1D
- -1.03%
- 1M
- 0.97%
- 6M
- 19.76%
- YTD
- 27.22%
- 1Y
- 31.30%
- 3Y*
- -1.17%
- 5Y*
- 0.27%
- 10Y*
- 6.48%
- ALL TIME*
- 10.31%
NDSN
- 1D
- 0.86%
- 1M
- 0.72%
- 6M
- 9.11%
- YTD
- 24.59%
- 1Y
- 40.84%
- 3Y*
- 7.26%
- 5Y*
- 6.89%
- 10Y*
- 14.17%
- ALL TIME*
- 12.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
HTO H2O America | $30.07M | $32.10M | $28.71M |
| $85.17M | $95.37M | $115.39M |
HTO vs. NDSN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HTO H2O America | 27.22% | 2.92% | -22.57% | -17.78% | 13.40% | 7.66% | -0.43% | 30.19% | -11.20% | 16.22% |
NDSN Nordson Corporation | 24.59% | 17.03% | -20.15% | 12.39% | -5.93% | 28.09% | 24.45% | 37.88% | -17.65% | 31.83% |
Correlation
The correlation between HTO and NDSN is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.29 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.29 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 1990 | 0.27 |
The correlation between HTO and NDSN shifts across timeframes, from 0.10 (1 year) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
HTO:
$2.57B
NDSN:
$16.59B
HTO:
$2.83
NDSN:
$9.39
HTO:
21.66
NDSN:
31.70
HTO:
2.25
NDSN:
12.42
HTO:
2.80
NDSN:
5.77
HTO:
1.36
NDSN:
5.22
HTO:
$828.50M
NDSN:
$2.90B
HTO:
$159.45M
NDSN:
$1.60B
HTO:
$461.63M
NDSN:
$744.50M
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Return for Risk
HTO vs. NDSN — Risk / Return Rank
HTO
NDSN
HTO vs. NDSN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for H2O America (HTO) and Nordson Corporation (NDSN). 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.
| HTO | NDSN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.77 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.90 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.96 | 9.26 | -2.30 |
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Drawdowns
HTO vs. NDSN - Drawdown Comparison
The maximum HTO drawdown since its inception was -54.53%, smaller than the maximum NDSN drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for HTO and NDSN.
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Drawdown Indicators
| HTO | NDSN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.53% | -73.62% | +19.09% |
Max Drawdown (1Y)Largest decline over 1 year | -12.26% | -14.15% | +1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -32.90% | -39.15% | +6.25% |
Max Drawdown (5Y)Largest decline over 5 years | -42.85% | -39.15% | -3.70% |
Max Drawdown (10Y)Largest decline over 10 years | -42.85% | -44.24% | +1.39% |
Current DrawdownCurrent decline from peak | -19.00% | -2.25% | -16.75% |
Average DrawdownAverage peak-to-trough decline | -15.91% | -13.21% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | 4.43% | +0.08% |
Volatility
HTO vs. NDSN - Volatility Comparison
H2O America (HTO) has a higher volatility of 6.49% compared to Nordson Corporation (NDSN) at 6.14%. This indicates that HTO's price experiences larger fluctuations and is considered to be riskier than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HTO | NDSN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.49% | 6.14% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 16.85% | 16.48% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.80% | 21.42% | +1.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 24.88% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.52% | 28.38% | +1.14% |
Dividends
HTO vs. NDSN - Dividend Comparison
HTO's dividend yield for the trailing twelve months is around 2.80%, more than NDSN's 1.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HTO H2O America | 2.80% | 3.43% | 3.25% | 2.33% | 1.77% | 1.86% | 1.85% | 1.69% | 2.01% | 1.63% | 1.45% | 2.63% |
NDSN Nordson Corporation | 1.10% | 1.66% | 1.02% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% |
Financials
HTO vs. NDSN - Financials Comparison
This section allows you to compare key financial metrics between H2O America and Nordson 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
HTO vs. NDSN - Profitability Comparison
HTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, H2O America reported a gross profit of -183.29M and revenue of 210.47M. Therefore, the gross margin over that period was -87.1%.
NDSN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Nordson Corporation reported a gross profit of 404.08M and revenue of 740.85M. Therefore, the gross margin over that period was 54.5%.
HTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, H2O America reported an operating income of 42.75M and revenue of 210.47M, resulting in an operating margin of 20.3%.
NDSN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Nordson Corporation reported an operating income of 197.20M and revenue of 740.85M, resulting in an operating margin of 26.6%.
HTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, H2O America reported a net income of 26.59M and revenue of 210.47M, resulting in a net margin of 12.6%.
NDSN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Nordson Corporation reported a net income of 117.32M and revenue of 740.85M, resulting in a net margin of 15.8%.
Frequently Asked Questions
HTO and NDSN have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HTO has higher volatility (6.49%) compared to NDSN (6.14%). In terms of maximum drawdown, HTO dropped -54.53% vs NDSN's -73.62%.
NDSN currently has the higher Sharpe Ratio (1.92 vs 1.38), 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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