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IEX vs. CMI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

IEX vs. CMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IDEX Corporation (IEX) and Cummins Inc. (CMI). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
3.04%
27.26%
IEX
CMI

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

YTD

4.09%

1M

6.60%

6M

3.04%

1Y

13.80%

5Y (annualized)

8.09%

10Y (annualized)

12.67%

CMI

YTD

53.44%

1M

8.19%

6M

27.26%

1Y

65.49%

5Y (annualized)

17.87%

10Y (annualized)

12.36%

Fundamentals


IEXCMI
Market Cap$16.89B$49.52B
EPS$6.45$15.27
PE Ratio34.5923.64
PEG Ratio2.330.72
Total Revenue (TTM)$3.19B$34.20B
Gross Profit (TTM)$1.41B$8.41B
EBITDA (TTM)$832.20M$4.44B

Key characteristics


IEXCMI
Sharpe Ratio0.762.69
Sortino Ratio1.253.74
Omega Ratio1.151.46
Calmar Ratio0.704.37
Martin Ratio1.3115.36
Ulcer Index11.77%4.25%
Daily Std Dev20.31%24.29%
Max Drawdown-58.67%-75.66%
Current Drawdown-8.36%-1.47%

Compare stocks, funds, or ETFs

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Correlation

-0.50.00.51.00.4

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.


Sharpe ratio
The chart of Sharpe ratio for IEX, currently valued at 0.76, compared to the broader market-4.00-2.000.002.004.000.762.69
The chart of Sortino ratio for IEX, currently valued at 1.25, compared to the broader market-4.00-2.000.002.004.001.253.74
The chart of Omega ratio for IEX, currently valued at 1.15, compared to the broader market0.501.001.502.001.151.46
The chart of Calmar ratio for IEX, currently valued at 0.70, compared to the broader market0.002.004.006.000.704.37
The chart of Martin ratio for IEX, currently valued at 1.31, compared to the broader market-10.000.0010.0020.0030.001.3115.36
IEX
CMI

The current IEX Sharpe Ratio is 0.76, which is lower than the CMI Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of IEX and CMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
0.76
2.69
IEX
CMI

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.


TTM20232022202120202019201820172016201520142013
IEX
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%
CMI
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.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.36%
-1.47%
IEX
CMI

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.


4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
9.96%
9.64%
IEX
CMI

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items