IEX vs. CMI
Compare and contrast key facts about IDEX Corporation (IEX) and Cummins Inc. (CMI).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEX or CMI.
Performance
IEX vs. CMI - Performance Comparison
Returns By Period
In the year-to-date period, IEX achieves a 4.09% return, which is significantly lower than CMI's 53.44% return. Both investments have delivered pretty close results over the past 10 years, with IEX having a 12.67% annualized return and CMI not far behind at 12.36%.
IEX
4.09%
6.60%
3.04%
13.80%
8.09%
12.67%
CMI
53.44%
8.19%
27.26%
65.49%
17.87%
12.36%
Fundamentals
IEX | CMI | |
---|---|---|
Market Cap | $16.89B | $49.52B |
EPS | $6.45 | $15.27 |
PE Ratio | 34.59 | 23.64 |
PEG Ratio | 2.33 | 0.72 |
Total Revenue (TTM) | $3.19B | $34.20B |
Gross Profit (TTM) | $1.41B | $8.41B |
EBITDA (TTM) | $832.20M | $4.44B |
Key characteristics
IEX | CMI | |
---|---|---|
Sharpe Ratio | 0.76 | 2.69 |
Sortino Ratio | 1.25 | 3.74 |
Omega Ratio | 1.15 | 1.46 |
Calmar Ratio | 0.70 | 4.37 |
Martin Ratio | 1.31 | 15.36 |
Ulcer Index | 11.77% | 4.25% |
Daily Std Dev | 20.31% | 24.29% |
Max Drawdown | -58.67% | -75.66% |
Current Drawdown | -8.36% | -1.47% |
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Correlation
The correlation between IEX and CMI is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
IEX vs. CMI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEX Corporation (IEX) and Cummins Inc. (CMI). 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.
Dividends
IEX vs. CMI - Dividend Comparison
IEX's dividend yield for the trailing twelve months is around 1.21%, less than CMI's 1.90% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IDEX Corporation | 1.21% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% | 1.21% |
Cummins Inc. | 1.44% | 2.71% | 2.49% | 2.57% | 2.33% | 2.74% | 3.32% | 2.38% | 2.93% | 3.99% | 1.95% | 1.60% |
Drawdowns
IEX vs. CMI - Drawdown Comparison
The maximum IEX drawdown since its inception was -58.67%, smaller than the maximum CMI drawdown of -75.66%. Use the drawdown chart below to compare losses from any high point for IEX and CMI. For additional features, visit the drawdowns tool.
Volatility
IEX vs. CMI - Volatility Comparison
IDEX Corporation (IEX) and Cummins Inc. (CMI) have volatilities of 9.96% and 9.64%, 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.
Financials
IEX vs. CMI - Financials Comparison
This section allows you to compare key financial metrics between IDEX Corporation and Cummins 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