IDXX vs. CME
IDXX (IDEXX Laboratories, Inc.) and CME (CME Group Inc.) are both stocks. IDXX operates in Diagnostics & Research (Healthcare), while CME operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, IDXX returned 20.23%/yr vs 14.50%/yr for CME. At a 0.26 correlation, their price movements are largely independent.
Performance
IDXX vs. CME - Performance Comparison
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Returns By Period
In the year-to-date period, IDXX achieves a -17.05% return, which is significantly lower than CME's -5.50% return. Over the past 10 years, IDXX has outperformed CME with an annualized return of 20.23%, while CME has yielded a comparatively lower 14.50% annualized return.
IDXX
- 1D
- -0.18%
- 1M
- 0.19%
- YTD
- -17.05%
- 6M
- -20.59%
- 1Y
- 6.91%
- 3Y*
- 7.57%
- 5Y*
- -0.19%
- 10Y*
- 20.23%
CME
- 1D
- -2.09%
- 1M
- -10.39%
- YTD
- -5.50%
- 6M
- -4.13%
- 1Y
- -4.58%
- 3Y*
- 15.54%
- 5Y*
- 7.50%
- 10Y*
- 14.50%
IDXX vs. CME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | -17.05% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
CME CME Group Inc. | -5.50% | 19.83% | 15.41% | 31.32% | -22.89% | 29.47% | -6.34% | 9.67% | 32.15% | 32.35% |
Correlation
The correlation between IDXX and CME is 0.03, 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 | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Dec 6, 2002 | 0.26 |
Over the past year, the correlation between IDXX and CME has dropped to 0.03 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
IDXX:
$18.08
CME:
$11.75
IDXX:
31.04
CME:
21.45
IDXX:
2.68
CME:
1.87
IDXX:
7.65
CME:
13.46
IDXX:
$4.45B
CME:
$6.76B
IDXX:
$2.76B
CME:
$5.84B
IDXX:
$1.52B
CME:
$5.69B
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Return for Risk
IDXX vs. CME — Risk / Return Rank
IDXX
CME
IDXX vs. CME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and CME Group Inc. (CME). 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.
| IDXX | CME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.39 | ||
| Sortino ratioReturn per unit of downside risk | +0.87 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 0.98 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | -0.21 | +0.44 |
| Martin ratioReturn relative to average drawdown | 0.46 | -0.72 | +1.18 |
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
| IDXX | CME | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | -0.23 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.38 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.61 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.59 | -0.08 |
Drawdowns
IDXX vs. CME - Drawdown Comparison
The maximum IDXX drawdown since its inception was -81.42%, which is greater than CME's maximum drawdown of -77.50%. Use the drawdown chart below to compare losses from any high point for IDXX and CME.
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Drawdown Indicators
| IDXX | CME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.42% | -77.50% | -3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -31.04% | -21.42% | -9.62% |
Max Drawdown (3Y)Largest decline over 3 years | -37.41% | -21.42% | -15.99% |
Max Drawdown (5Y)Largest decline over 5 years | -54.00% | -31.74% | -22.26% |
Max Drawdown (10Y)Largest decline over 10 years | -54.00% | -37.36% | -16.64% |
Current DrawdownCurrent decline from peak | -26.81% | -20.95% | -5.86% |
Average DrawdownAverage peak-to-trough decline | -21.00% | -20.69% | -0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.03% | 6.35% | +8.68% |
Volatility
IDXX vs. CME - Volatility Comparison
The current volatility for IDEXX Laboratories, Inc. (IDXX) is 8.57%, while CME Group Inc. (CME) has a volatility of 10.21%. This indicates that IDXX experiences smaller price fluctuations and is considered to be less risky than CME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDXX | CME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 10.21% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 16.89% | +3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.46% | 20.38% | +21.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.28% | 20.06% | +15.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.01% | 23.89% | +9.12% |
Dividends
IDXX vs. CME - Dividend Comparison
IDXX has not paid dividends to shareholders, while CME's dividend yield for the trailing twelve months is around 4.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CME CME Group Inc. | 4.44% | 1.83% | 4.48% | 4.58% | 5.05% | 3.00% | 3.24% | 2.74% | 2.42% | 4.20% | 4.90% | 5.41% |
IDXX IDEXX Laboratories, 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% |
Financials
IDXX vs. CME - Financials Comparison
This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and CME Group Inc.. 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
IDXX vs. CME - Profitability Comparison
IDXX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a gross profit of 722.74M and revenue of 1.14B. Therefore, the gross margin over that period was 63.4%.
CME - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a gross profit of 1.66B and revenue of 1.88B. Therefore, the gross margin over that period was 88.1%.
IDXX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported an operating income of 362.59M and revenue of 1.14B, resulting in an operating margin of 31.8%.
CME - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported an operating income of 1.31B and revenue of 1.88B, resulting in an operating margin of 69.7%.
IDXX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a net income of 278.45M and revenue of 1.14B, resulting in a net margin of 24.4%.
CME - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CME Group Inc. reported a net income of 1.15B and revenue of 1.88B, resulting in a net margin of 61.4%.
Frequently Asked Questions
IDXX and CME have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CME has higher volatility (10.21%) compared to IDXX (8.57%). In terms of maximum drawdown, IDXX dropped -81.42% vs CME's -77.50%.
IDXX currently has the higher Sharpe Ratio (0.17 vs -0.23), 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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