PortfoliosLab logoPortfoliosLab logo
IEX vs. NDSN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

IEX vs. NDSN - Performance Comparison

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

Loading charts...

Returns By Period

In the year-to-date period, IEX achieves a 25.19% return, which is significantly higher than NDSN's 21.78% return. Over the past 10 years, IEX has underperformed NDSN with an annualized return of 11.91%, while NDSN has yielded a comparatively higher 14.84% annualized return.


IEX

1D
-1.86%
1M
5.93%
YTD
25.19%
6M
23.53%
1Y
30.03%
3Y*
4.31%
5Y*
1.50%
10Y*
11.91%

NDSN

1D
-1.35%
1M
0.69%
YTD
21.78%
6M
21.00%
1Y
38.43%
3Y*
8.65%
5Y*
7.18%
10Y*
14.84%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IEX vs. NDSN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
IEX
IDEX Corporation
25.19%-13.69%-2.35%-3.80%-2.22%19.82%17.22%37.94%-3.16%48.53%
NDSN
Nordson Corporation
21.78%17.03%-20.15%12.39%-5.93%28.09%24.45%37.88%-17.65%31.83%

Correlation

The correlation between IEX and NDSN is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.70

Correlation (3Y)
Calculated over the trailing 3-year period

0.72

Correlation (5Y)
Calculated over the trailing 5-year period

0.72

Correlation (10Y)
Calculated over the trailing 10-year period

0.68

Correlation (All Time)
Calculated using the full available price history since Jun 21, 1991

0.50

Over the past year, IEX and NDSN have become more correlated (0.70) than their long-term average of 0.50, meaning their price movements have been converging.

Fundamentals

Market Cap

IEX:

$16.46B

NDSN:

$16.33B

EPS

IEX:

$6.77

NDSN:

$9.36

PE Ratio

IEX:

32.68

NDSN:

31.10

PEG Ratio

IEX:

9.64

NDSN:

12.19

PS Ratio

IEX:

4.70

NDSN:

5.66

PB Ratio

IEX:

4.06

NDSN:

5.10

Total Revenue (TTM)

IEX:

$3.53B

NDSN:

$2.90B

Gross Profit (TTM)

IEX:

$1.57B

NDSN:

$1.60B

EBITDA (TTM)

IEX:

$885.40M

NDSN:

$744.50M

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

IEX vs. NDSN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IEX
IEX Risk / Return Rank: 7373
Overall Rank
IEX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
IEX Sortino Ratio Rank: 7171
Sortino Ratio Rank
IEX Omega Ratio Rank: 7272
Omega Ratio Rank
IEX Calmar Ratio Rank: 7676
Calmar Ratio Rank
IEX Martin Ratio Rank: 7272
Martin Ratio Rank

NDSN
NDSN Risk / Return Rank: 8484
Overall Rank
NDSN Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
NDSN Sortino Ratio Rank: 8585
Sortino Ratio Rank
NDSN Omega Ratio Rank: 8181
Omega Ratio Rank
NDSN Calmar Ratio Rank: 8282
Calmar Ratio Rank
NDSN Martin Ratio Rank: 8686
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IEX vs. NDSN - Risk-Adjusted Trends 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.

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.


IEXNDSNDifference
Sharpe ratioReturn per unit of total volatility

-0.67

Sortino ratioReturn per unit of downside risk

-0.95

Omega ratioGain probability vs. loss probability

1.23

1.31

-0.08

Calmar ratioReturn relative to maximum drawdown

1.99

2.73

-0.74

Martin ratioReturn relative to average drawdown

3.90

8.84

-4.94

IEX vs. NDSN - Sharpe Ratio Comparison

The current IEX Sharpe Ratio is 1.17, which is lower than the NDSN Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of IEX and NDSN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Drawdowns

IEX vs. NDSN - Drawdown Comparison

The maximum IEX drawdown since its inception was -81.60%, which is greater than NDSN's maximum drawdown of -73.62%. Use the drawdown chart below to compare losses from any high point for IEX and NDSN.


Loading charts...

Drawdown Indicators


IEXNDSNDifference

Max Drawdown

Largest peak-to-trough decline

-81.60%

-73.62%

-7.98%

Max Drawdown (1Y)

Largest decline over 1 year

-15.17%

-14.15%

-1.02%

Max Drawdown (3Y)

Largest decline over 3 years

-34.60%

-39.15%

+4.55%

Max Drawdown (5Y)

Largest decline over 5 years

-34.60%

-39.15%

+4.55%

Max Drawdown (10Y)

Largest decline over 10 years

-35.52%

-44.24%

+8.72%

Current Drawdown

Current decline from peak

-7.12%

-2.17%

-4.95%

Average Drawdown

Average peak-to-trough decline

-11.43%

-13.23%

+1.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.72%

4.36%

+3.36%

Volatility

IEX vs. NDSN - Volatility Comparison

The current volatility for IDEX Corporation (IEX) is 6.36%, while Nordson Corporation (NDSN) has a volatility of 7.64%. 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.


Loading charts...

Volatility by Period


IEXNDSNDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.36%

7.64%

-1.28%

Volatility (6M)

Calculated over the trailing 6-month period

17.13%

16.07%

+1.06%

Volatility (1Y)

Calculated over the trailing 1-year period

25.83%

21.12%

+4.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.06%

24.80%

-0.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.22%

28.39%

-4.17%

Dividends

IEX vs. NDSN - Dividend Comparison

IEX's dividend yield for the trailing twelve months is around 1.29%, more than NDSN's 1.13% yield.


PositionTTM20252024202320222021202020192018201720162015
IEX
IDEX Corporation
1.29%1.58%1.29%1.16%1.02%0.90%1.00%1.12%1.31%1.10%1.49%1.62%
NDSN
Nordson Corporation
1.13%1.66%1.02%1.01%0.98%0.71%0.77%0.90%1.09%0.78%0.91%1.43%

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.


Quarterly
Annual

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


550.00M600.00M650.00M700.00M750.00M800.00M850.00M900.00M20222023202420252026
886.90M
740.85M
(IEX) Total Revenue
(NDSN) Total Revenue
Values in USD except per share items

IEX vs. NDSN - Profitability Comparison

The chart below illustrates the profitability comparison between IDEX Corporation and Nordson Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

40.0%45.0%50.0%55.0%20222023202420252026
44.9%
54.5%
Portfolio components
IEX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported a gross profit of 398.10M and revenue of 886.90M. Therefore, the gross margin over that period was 44.9%.

NDSN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported a gross profit of 404.08M and revenue of 740.85M. Therefore, the gross margin over that period was 54.5%.

IEX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported an operating income of 172.40M and revenue of 886.90M, resulting in an operating margin of 19.4%.

NDSN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported an operating income of 197.20M and revenue of 740.85M, resulting in an operating margin of 26.6%.

IEX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEX Corporation reported a net income of 120.00M and revenue of 886.90M, resulting in a net margin of 13.5%.

NDSN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nordson Corporation reported a net income of 117.32M and revenue of 740.85M, resulting in a net margin of 15.8%.


Frequently Asked Questions


IEX and NDSN have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NDSN has higher volatility (7.64%) compared to IEX (6.36%). In terms of maximum drawdown, IEX dropped -81.60% vs NDSN's -73.62%.

NDSN currently has the higher Sharpe Ratio (1.83 vs 1.17), 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.

Portfolio Optimizer

Find the right allocation for IEX and NDSN

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer