ICE vs. OMAB
ICE (Intercontinental Exchange, Inc.) and OMAB (Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.) are both stocks. ICE operates in Financial Data & Stock Exchanges (Financial Services), while OMAB operates in Airports & Air Services (Industrials). Over the past 10 years, ICE returned 11.82%/yr vs 12.26%/yr for OMAB. At a 0.21 correlation, their price movements are largely independent.
Performance
ICE vs. OMAB - Performance Comparison
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Returns By Period
In the year-to-date period, ICE achieves a -11.98% return, which is significantly lower than OMAB's -1.60% return. Both investments have delivered pretty close results over the past 10 years, with ICE having a 11.82% annualized return and OMAB not far ahead at 12.26%.
ICE
- 1D
- 1.37%
- 1M
- 5.74%
- 6M
- -18.06%
- YTD
- -11.98%
- 1Y
- -20.66%
- 3Y*
- 8.15%
- 5Y*
- 4.68%
- 10Y*
- 11.82%
- ALL TIME*
- 15.96%
OMAB
- 1D
- -1.23%
- 1M
- -8.76%
- 6M
- -1.96%
- YTD
- -1.60%
- 1Y
- -1.47%
- 3Y*
- 11.11%
- 5Y*
- 25.72%
- 10Y*
- 12.26%
- ALL TIME*
- 13.48%
ICE vs. OMAB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICE Intercontinental Exchange, Inc. | -11.98% | 9.92% | 17.46% | 27.12% | -23.91% | 19.94% | 26.15% | 24.47% | 8.11% | 26.60% |
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | -1.60% | 66.22% | -13.57% | 43.53% | 30.18% | 7.98% | -13.78% | 62.40% | -4.90% | 20.53% |
Correlation
The correlation between ICE and OMAB is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.12 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Nov 29, 2006 | 0.21 |
The correlation between ICE and OMAB shifts across timeframes, from 0.01 (1 year) to 0.21 (all time), reflecting how their relationship changes across market environments.
Fundamentals
ICE:
$80.06B
OMAB:
$5.02B
ICE:
$6.86
OMAB:
MX$109.59
ICE:
20.65
OMAB:
16.63
ICE:
2.49
OMAB:
0.92
ICE:
6.19
OMAB:
5.43
ICE:
2.73
OMAB:
7.04
ICE:
$13.08B
OMAB:
MX$16.21B
ICE:
$8.93B
OMAB:
MX$12.07B
ICE:
$7.05B
OMAB:
MX$9.83B
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Return for Risk
ICE vs. OMAB — Risk / Return Rank
ICE
OMAB
ICE vs. OMAB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Intercontinental Exchange, Inc. (ICE) and Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB). 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.
| ICE | OMAB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.26 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.02 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.61 | -0.05 | -0.56 |
| Martin ratioReturn relative to average drawdown | -1.27 | -0.12 | -1.16 |
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Drawdowns
ICE vs. OMAB - Drawdown Comparison
The maximum ICE drawdown since its inception was -73.94%, roughly equal to the maximum OMAB drawdown of -77.75%. Use the drawdown chart below to compare losses from any high point for ICE and OMAB.
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Drawdown Indicators
| ICE | OMAB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.94% | -77.75% | +3.81% |
Max Drawdown (1Y)Largest decline over 1 year | -33.94% | -26.87% | -7.07% |
Max Drawdown (3Y)Largest decline over 3 years | -33.94% | -41.78% | +7.84% |
Max Drawdown (5Y)Largest decline over 5 years | -34.32% | -41.78% | +7.46% |
Max Drawdown (10Y)Largest decline over 10 years | -34.32% | -68.88% | +34.56% |
Current DrawdownCurrent decline from peak | -23.92% | -20.70% | -3.22% |
Average DrawdownAverage peak-to-trough decline | -16.52% | -22.67% | +6.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.25% | 12.50% | +3.75% |
Volatility
ICE vs. OMAB - Volatility Comparison
Intercontinental Exchange, Inc. (ICE) and Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. (OMAB) have volatilities of 9.08% and 9.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICE | OMAB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.08% | 9.16% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 19.99% | 24.16% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.92% | 31.39% | -7.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.51% | 35.95% | -14.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.36% | 38.38% | -16.02% |
Dividends
ICE vs. OMAB - Dividend Comparison
ICE's dividend yield for the trailing twelve months is around 1.41%, less than OMAB's 5.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICE Intercontinental Exchange, Inc. | 1.41% | 1.19% | 1.21% | 1.31% | 1.48% | 0.97% | 1.04% | 1.19% | 1.27% | 1.13% | 1.21% | 1.13% |
OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 5.23% | 4.52% | 6.97% | 4.80% | 10.87% | 3.55% | 0.00% | 2.45% | 3.74% | 0.40% | 3.11% | 3.89% |
Financials
ICE vs. OMAB - Financials Comparison
This section allows you to compare key financial metrics between Intercontinental Exchange, Inc. and Grupo Aeroportuario del Centro Norte, S.A.B. de C.V.. 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
ICE vs. OMAB - Profitability Comparison
ICE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported a gross profit of 2.89B and revenue of 3.67B. Therefore, the gross margin over that period was 78.8%.
OMAB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a gross profit of 2.64B and revenue of 3.82B. Therefore, the gross margin over that period was 69.2%.
ICE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported an operating income of 1.67B and revenue of 3.67B, resulting in an operating margin of 45.4%.
OMAB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported an operating income of 2.08B and revenue of 3.82B, resulting in an operating margin of 54.5%.
ICE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Intercontinental Exchange, Inc. reported a net income of 1.41B and revenue of 3.67B, resulting in a net margin of 38.5%.
OMAB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. reported a net income of 1.23B and revenue of 3.82B, resulting in a net margin of 32.3%.
Frequently Asked Questions
ICE and OMAB have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OMAB has higher volatility (9.16%) compared to ICE (9.08%). In terms of maximum drawdown, ICE dropped -73.94% vs OMAB's -77.75%.
OMAB currently has the higher Sharpe Ratio (-0.05 vs -0.87), 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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