INGR vs. TMO
INGR (Ingredion Incorporated) and TMO (Thermo Fisher Scientific Inc.) are both stocks. INGR operates in Packaged Foods (Consumer Defensive), while TMO operates in Diagnostics & Research (Healthcare). Over the past 10 years, INGR returned 0.79%/yr vs 12.54%/yr for TMO. At a 0.30 correlation, their price movements are largely independent.
Performance
INGR vs. TMO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, INGR achieves a -6.49% return, which is significantly higher than TMO's -18.92% return. Over the past 10 years, INGR has underperformed TMO with an annualized return of 0.79%, while TMO has yielded a comparatively higher 12.54% annualized return.
INGR
- 1D
- 0.68%
- 1M
- -4.15%
- YTD
- -6.49%
- 6M
- -8.29%
- 1Y
- -25.12%
- 3Y*
- 0.77%
- 5Y*
- 4.31%
- 10Y*
- 0.79%
TMO
- 1D
- -1.33%
- 1M
- 5.23%
- YTD
- -18.92%
- 6M
- -17.84%
- 1Y
- 13.42%
- 3Y*
- -3.43%
- 5Y*
- 0.45%
- 10Y*
- 12.54%
INGR vs. TMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
INGR Ingredion Incorporated | -6.49% | -17.86% | 29.22% | 14.08% | 4.47% | 26.35% | -12.55% | 4.70% | -33.10% | 13.87% |
TMO Thermo Fisher Scientific Inc. | -18.92% | 11.78% | -1.72% | -3.36% | -17.29% | 43.54% | 43.72% | 45.55% | 18.21% | 35.03% |
Correlation
The correlation between INGR and TMO is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.26 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 1997 | 0.30 |
The correlation between INGR and TMO shifts across timeframes, from 0.19 (1 year) to 0.30 (all time), reflecting how their relationship changes across market environments.
Fundamentals
INGR:
$13.96
TMO:
$18.22
INGR:
7.28
TMO:
25.76
INGR:
0.92
TMO:
3.91
INGR:
$5.41B
TMO:
$45.20B
INGR:
$1.36B
TMO:
$17.81B
INGR:
$902.00M
TMO:
$11.16B
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
INGR vs. TMO — Risk / Return Rank
INGR
TMO
INGR vs. TMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ingredion Incorporated (INGR) and Thermo Fisher Scientific Inc. (TMO). 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.
| INGR | TMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.95 | ||
| Sortino ratioReturn per unit of downside risk | -2.94 | ||
| Omega ratioGain probability vs. loss probability | 0.75 | 1.10 | -0.35 |
| Calmar ratioReturn relative to maximum drawdown | -0.95 | 0.43 | -1.38 |
| Martin ratioReturn relative to average drawdown | -1.58 | 0.93 | -2.51 |
Loading charts...
Drawdowns
INGR vs. TMO - Drawdown Comparison
The maximum INGR drawdown since its inception was -64.20%, smaller than the maximum TMO drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for INGR and TMO.
Loading charts...
Drawdown Indicators
| INGR | TMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.20% | -71.16% | +6.96% |
Max Drawdown (1Y)Largest decline over 1 year | -26.58% | -31.38% | +4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -33.21% | -37.28% | +4.07% |
Max Drawdown (5Y)Largest decline over 5 years | -33.21% | -40.95% | +7.74% |
Max Drawdown (10Y)Largest decline over 10 years | -56.14% | -40.95% | -15.19% |
Current DrawdownCurrent decline from peak | -31.78% | -28.80% | -2.98% |
Average DrawdownAverage peak-to-trough decline | -18.32% | -18.11% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.03% | 14.43% | +1.60% |
Volatility
INGR vs. TMO - Volatility Comparison
The current volatility for Ingredion Incorporated (INGR) is 5.82%, while Thermo Fisher Scientific Inc. (TMO) has a volatility of 10.57%. This indicates that INGR experiences smaller price fluctuations and is considered to be less risky than TMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| INGR | TMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.82% | 10.57% | -4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 22.27% | -10.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.64% | 31.48% | -14.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.32% | 27.20% | -5.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.87% | 26.38% | -1.51% |
Dividends
INGR vs. TMO - Dividend Comparison
INGR's dividend yield for the trailing twelve months is around 3.21%, more than TMO's 0.37% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INGR Ingredion Incorporated | 3.21% | 2.92% | 1.72% | 2.75% | 2.78% | 2.67% | 3.23% | 2.70% | 2.68% | 1.57% | 1.52% | 1.82% |
TMO Thermo Fisher Scientific Inc. | 0.37% | 0.30% | 0.30% | 0.26% | 0.22% | 0.16% | 0.19% | 0.23% | 0.30% | 0.32% | 0.43% | 0.42% |
Financials
INGR vs. TMO - Financials Comparison
This section allows you to compare key financial metrics between Ingredion Incorporated and Thermo Fisher Scientific 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
Frequently Asked Questions
INGR and TMO have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMO has higher volatility (10.57%) compared to INGR (5.82%). In terms of maximum drawdown, INGR dropped -64.20% vs TMO's -71.16%.
TMO currently has the higher Sharpe Ratio (0.43 vs -1.52), 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.
Find the right allocation for INGR and TMO
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