INCY vs. MDLZ
INCY (Incyte Corporation) and MDLZ (Mondelez International, Inc.) are both stocks. INCY operates in Biotechnology (Healthcare), while MDLZ operates in Confectioners (Consumer Defensive). Over the past 10 years, INCY returned 3.00%/yr vs 6.26%/yr for MDLZ. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
INCY vs. MDLZ - Performance Comparison
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Returns By Period
In the year-to-date period, INCY achieves a 21.01% return, which is significantly higher than MDLZ's 17.73% return. Over the past 10 years, INCY has underperformed MDLZ with an annualized return of 3.00%, while MDLZ has yielded a comparatively higher 6.26% annualized return.
INCY
- 1D
- -2.82%
- 1M
- 2.28%
- 6M
- 19.44%
- YTD
- 21.01%
- 1Y
- 58.12%
- 3Y*
- 23.35%
- 5Y*
- 9.09%
- 10Y*
- 3.00%
- ALL TIME*
- 13.53%
MDLZ
- 1D
- -1.22%
- 1M
- 2.30%
- 6M
- 8.39%
- YTD
- 17.73%
- 1Y
- 0.85%
- 3Y*
- -2.95%
- 5Y*
- 2.38%
- 10Y*
- 6.26%
- ALL TIME*
- 7.17%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $274.43M | $232.80M | $198.80M | |
| $659.78M | $585.31M | $549.68M |
INCY vs. MDLZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INCY Incyte Corporation | 21.01% | 43.00% | 10.00% | -21.83% | 9.43% | -15.61% | -0.39% | 37.32% | -32.86% | -5.55% |
MDLZ Mondelez International, Inc. | 17.73% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -4.27% | -1.58% |
Correlation
The correlation between INCY and MDLZ is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2001 | 0.23 |
Fundamentals
INCY:
$24.23B
MDLZ:
$79.53B
INCY:
$7.85
MDLZ:
$3.62
INCY:
15.22
MDLZ:
17.22
INCY:
4.22
MDLZ:
1.53
INCY:
$5.82B
MDLZ:
$39.68B
INCY:
$5.39B
MDLZ:
$12.36B
INCY:
$2.04B
MDLZ:
$5.73B
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Return for Risk
INCY vs. MDLZ — Risk / Return Rank
INCY
MDLZ
INCY vs. MDLZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Incyte Corporation (INCY) and Mondelez International, Inc. (MDLZ). 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.
| INCY | MDLZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.82 | ||
| Sortino ratioReturn per unit of downside risk | +2.41 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.02 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | -0.02 | +3.28 |
| Martin ratioReturn relative to average drawdown | 7.23 | -0.04 | +7.28 |
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Drawdowns
INCY vs. MDLZ - Drawdown Comparison
The maximum INCY drawdown since its inception was -98.54%, which is greater than MDLZ's maximum drawdown of -42.52%. Use the drawdown chart below to compare losses from any high point for INCY and MDLZ.
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Drawdown Indicators
| INCY | MDLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.54% | -42.52% | -56.02% |
Max Drawdown (1Y)Largest decline over 1 year | -18.33% | -18.62% | +0.29% |
Max Drawdown (3Y)Largest decline over 3 years | -33.83% | -29.00% | -4.83% |
Max Drawdown (5Y)Largest decline over 5 years | -40.50% | -29.14% | -11.36% |
Max Drawdown (10Y)Largest decline over 10 years | -66.47% | -29.74% | -36.73% |
Current DrawdownCurrent decline from peak | -21.71% | -12.81% | -8.90% |
Average DrawdownAverage peak-to-trough decline | -59.75% | -11.06% | -48.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.26% | 8.23% | +0.03% |
Volatility
INCY vs. MDLZ - Volatility Comparison
Incyte Corporation (INCY) has a higher volatility of 11.85% compared to Mondelez International, Inc. (MDLZ) at 9.83%. This indicates that INCY's price experiences larger fluctuations and is considered to be riskier than MDLZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| INCY | MDLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.85% | 9.83% | +2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 24.86% | 18.40% | +6.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.44% | 23.07% | +10.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.10% | 20.09% | +10.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.35% | 21.10% | +13.25% |
Dividends
INCY vs. MDLZ - Dividend Comparison
INCY has not paid dividends to shareholders, while MDLZ's dividend yield for the trailing twelve months is around 3.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INCY Incyte Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDLZ Mondelez International, Inc. | 3.21% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
Financials
INCY vs. MDLZ - Financials Comparison
This section allows you to compare key financial metrics between Incyte Corporation and Mondelez International, 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
INCY vs. MDLZ - Profitability Comparison
INCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported a gross profit of 1.57B and revenue of 1.67B. Therefore, the gross margin over that period was 93.7%.
MDLZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Mondelez International, Inc. reported a gross profit of 3.99B and revenue of 9.36B. Therefore, the gross margin over that period was 42.6%.
INCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported an operating income of 697.90M and revenue of 1.67B, resulting in an operating margin of 41.7%.
MDLZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Mondelez International, Inc. reported an operating income of 1.95B and revenue of 9.36B, resulting in an operating margin of 20.8%.
INCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Incyte Corporation reported a net income of 585.61M and revenue of 1.67B, resulting in a net margin of 35.0%.
MDLZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Mondelez International, Inc. reported a net income of 1.55B and revenue of 9.36B, resulting in a net margin of 16.6%.
Frequently Asked Questions
INCY and MDLZ have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
INCY has higher volatility (11.85%) compared to MDLZ (9.83%). In terms of maximum drawdown, INCY dropped -98.54% vs MDLZ's -42.52%.
INCY currently has the higher Sharpe Ratio (1.80 vs -0.01), 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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