IEX vs. NDSN
Compare and contrast key facts about IDEX Corporation (IEX) and Nordson Corporation (NDSN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IEX or NDSN.
Correlation
The correlation between IEX and NDSN is 0.49, 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.
Performance
IEX vs. NDSN - Performance Comparison
Key characteristics
IEX:
0.07
NDSN:
-0.74
IEX:
0.25
NDSN:
-0.88
IEX:
1.03
NDSN:
0.88
IEX:
0.06
NDSN:
-0.69
IEX:
0.12
NDSN:
-1.70
IEX:
11.97%
NDSN:
10.04%
IEX:
20.74%
NDSN:
23.22%
IEX:
-58.67%
NDSN:
-73.62%
IEX:
-12.77%
NDSN:
-24.38%
Fundamentals
IEX:
$16.82B
NDSN:
$12.81B
IEX:
$6.44
NDSN:
$8.11
IEX:
34.50
NDSN:
27.62
IEX:
2.32
NDSN:
1.78
IEX:
$3.19B
NDSN:
$2.69B
IEX:
$1.41B
NDSN:
$1.49B
IEX:
$832.20M
NDSN:
$776.30M
Returns By Period
In the year-to-date period, IEX achieves a -0.91% return, which is significantly higher than NDSN's -19.96% return. Both investments have delivered pretty close results over the past 10 years, with IEX having a 11.97% annualized return and NDSN not far behind at 11.42%.
IEX
-0.91%
-4.81%
5.48%
0.48%
5.62%
11.97%
NDSN
-19.96%
-16.96%
-9.06%
-18.42%
5.98%
11.42%
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Risk-Adjusted Performance
IEX vs. NDSN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEX Corporation (IEX) and Nordson Corporation (NDSN). 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. NDSN - Dividend Comparison
IEX's dividend yield for the trailing twelve months is around 1.28%, more than NDSN's 1.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IEX IDEX Corporation | 1.28% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% | 1.21% |
NDSN Nordson Corporation | 1.02% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% | 1.03% | 0.89% |
Drawdowns
IEX vs. NDSN - Drawdown Comparison
The maximum IEX drawdown since its inception was -58.67%, smaller than the maximum NDSN drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for IEX and NDSN. For additional features, visit the drawdowns tool.
Volatility
IEX vs. NDSN - Volatility Comparison
The current volatility for IDEX Corporation (IEX) is 6.83%, while Nordson Corporation (NDSN) has a volatility of 10.46%. This indicates that IEX experiences smaller price fluctuations and is considered to be less risky than NDSN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
IEX vs. NDSN - Financials Comparison
This section allows you to compare key financial metrics between IDEX Corporation and Nordson Corporation. 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