IART vs. TDIV

Last updated Jun 3, 2026

IART (Integra LifeSciences Holdings Corporation) is a stock, while TDIV (First Trust NASDAQ Technology Dividend Index Fund) is Technology Equities fund tracking the NASDAQ Technology Dividend Index. Over the past 10 years, IART returned -8.48%/yr vs 19.56%/yr for TDIV. At a 0.41 correlation, their price movements are largely independent.

Performance

IART vs. TDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Integra LifeSciences Holdings Corporation (IART) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IART achieves a 26.17% return, which is significantly lower than TDIV's 32.96% return. Over the past 10 years, IART has underperformed TDIV with an annualized return of -8.48%, while TDIV has yielded a comparatively higher 19.56% annualized return.

IART

• 1D: 0.00%
• 1M: 43.11%
• YTD: 26.17%
• 6M: 19.07%
• 1Y: 27.19%
• 3Y*: -26.17%
• 5Y*: -25.30%
• 10Y*: -8.48%

TDIV

• 1D: 1.79%
• 1M: 17.92%
• YTD: 32.96%
• 6M: 32.36%
• 1Y: 58.88%
• 3Y*: 34.07%
• 5Y*: 20.07%
• 10Y*: 19.56%

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

IART vs. TDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IART Integra LifeSciences Holdings Corporation	26.17%	-45.24%	-47.92%	-22.33%	-16.30%	3.19%	11.39%	29.22%	-5.77%	11.57%
TDIV First Trust NASDAQ Technology Dividend Index Fund	32.96%	25.27%	24.43%	36.71%	-22.13%	29.49%	17.55%	33.27%	-3.18%	21.95%

Correlation

The correlation between IART and TDIV 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	0.31
Correlation (5Y) Calculated over the trailing 5-year period	0.40
Correlation (10Y) Calculated over the trailing 10-year period	0.42
Correlation (All Time) Calculated using the full available price history since Aug 15, 2012	0.41

The correlation between IART and TDIV shifts across timeframes, from 0.30 (1 year) to 0.42 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

IART vs. TDIV — Risk / Return Rank

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

IART

IART Risk / Return Rank: 54
IART Sharpe Ratio Rank: 56
IART Sortino Ratio Rank: 55
IART Omega Ratio Rank: 54
IART Calmar Ratio Rank: 52
IART Martin Ratio Rank: 52

TDIV

TDIV Risk / Return Rank: 88
TDIV Sharpe Ratio Rank: 91
TDIV Sortino Ratio Rank: 90
TDIV Omega Ratio Rank: 86
TDIV Calmar Ratio Rank: 90
TDIV Martin Ratio Rank: 84

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.

IART vs. TDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Integra LifeSciences Holdings Corporation (IART) and First Trust NASDAQ Technology Dividend Index Fund (TDIV). 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.

	IART	TDIV	Difference
Sharpe ratio Return per unit of total volatility	0.45	3.22	-2.78
Sortino ratio Return per unit of downside risk	1.05	4.19	-3.14
Omega ratio Gain probability vs. loss probability	1.14	1.54	-0.40
Calmar ratio Return relative to maximum drawdown	0.53	5.62	-5.09
Martin ratio Return relative to average drawdown	1.05	17.57	-16.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IART vs. TDIV - Sharpe Ratio Comparison

The current IART Sharpe Ratio is 0.45, which is lower than the TDIV Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of IART and TDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	IART	TDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.45	3.22	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.54	0.98	-1.52
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.21	0.94	-1.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.09	0.89	-0.80

Drawdowns

IART vs. TDIV - Drawdown Comparison

The maximum IART drawdown since its inception was -88.39%, which is greater than TDIV's maximum drawdown of -31.97%. Use the drawdown chart below to compare losses from any high point for IART and TDIV.

Drawdown Indicators

	IART	TDIV	Difference
Max Drawdown Largest peak-to-trough decline	-88.39%	-31.97%	-56.42%
Max Drawdown (1Y) Largest decline over 1 year	-44.79%	-10.74%	-34.05%
Max Drawdown (3Y) Largest decline over 3 years	-80.64%	-23.00%	-57.64%
Max Drawdown (5Y) Largest decline over 5 years	-88.32%	-31.97%	-56.35%
Max Drawdown (10Y) Largest decline over 10 years	-88.39%	-31.97%	-56.42%
Current Drawdown Current decline from peak	-79.55%	0.00%	-79.55%
Average Drawdown Average peak-to-trough decline	-29.66%	-4.84%	-24.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.65%	3.44%	+19.21%

Volatility

IART vs. TDIV - Volatility Comparison

Integra LifeSciences Holdings Corporation (IART) has a higher volatility of 26.59% compared to First Trust NASDAQ Technology Dividend Index Fund (TDIV) at 6.38%. This indicates that IART's price experiences larger fluctuations and is considered to be riskier than TDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IART	TDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.59%	6.38%	+20.21%
Volatility (6M) Calculated over the trailing 6-month period	39.83%	13.80%	+26.03%
Volatility (1Y) Calculated over the trailing 1-year period	61.39%	18.38%	+43.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	46.84%	20.66%	+26.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.64%	20.85%	+18.79%

Dividends

IART vs. TDIV - Dividend Comparison

IART has not paid dividends to shareholders, while TDIV's dividend yield for the trailing twelve months is around 1.10%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IART Integra LifeSciences Holdings Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	9.40%
TDIV First Trust NASDAQ Technology Dividend Index Fund	1.10%	1.40%	1.59%	1.74%	2.51%	1.76%	2.07%	2.27%	2.97%	2.27%	2.45%	2.52%

Frequently Asked Questions

Can I hold both IART and TDIV in my portfolio?

IART and TDIV 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.

Which is riskier, IART or TDIV?

IART has higher volatility (26.59%) compared to TDIV (6.38%). In terms of maximum drawdown, IART dropped -88.39% vs TDIV's -31.97%.

Which has better risk-adjusted returns?

TDIV currently has the higher Sharpe Ratio (3.22 vs 0.45), 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.