INMD vs. SWAV

Last updated Apr 1, 2026

Compare and contrast key facts about InMode Ltd. (INMD) and ShockWave Medical, Inc. (SWAV).

Performance

INMD vs. SWAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in InMode Ltd. (INMD) and ShockWave Medical, Inc. (SWAV). The values are adjusted to include any dividend payments, if applicable.

INMD vs. SWAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
INMD InMode Ltd.	-6.88%	-12.04%	-24.91%	-37.70%	-49.42%	197.30%	21.12%	188.87%
SWAV ShockWave Medical, Inc.	0.00%	0.00%	75.67%	-7.32%	15.30%	71.93%	136.16%	-0.66%

Fundamentals

Total Revenue (TTM) INMD : $370.50M SWAV : $787.97M
Gross Profit (TTM) INMD : $290.97M SWAV : $685.44M
EBITDA (TTM) INMD : $104.17M SWAV : $204.51M

Returns By Period

INMD

• 1D: 2.01%
• 1M: -0.51%
• YTD: -6.88%
• 6M: -8.19%
• 1Y: -22.89%
• 3Y*: -24.64%
• 5Y*: -18.45%
• 10Y*: —

SWAV

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

INMD vs. SWAV — Risk / Return Rank

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

INMD

INMD Risk / Return Rank: 17
INMD Sharpe Ratio Rank: 16
INMD Sortino Ratio Rank: 18
INMD Omega Ratio Rank: 18
INMD Calmar Ratio Rank: 14
INMD Martin Ratio Rank: 21

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.

INMD vs. SWAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for InMode Ltd. (INMD) and ShockWave Medical, Inc. (SWAV). 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.

	INMD	SWAV	Difference
Sharpe ratio Return per unit of total volatility	-0.57	—	—
Sortino ratio Return per unit of downside risk	-0.61	—	—
Omega ratio Gain probability vs. loss probability	0.92	—	—
Calmar ratio Return relative to maximum drawdown	-0.77	—	—
Martin ratio Return relative to average drawdown	-1.14	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	INMD	SWAV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.57	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.35	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	—	—

Correlation

The correlation between INMD and SWAV is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

INMD vs. SWAV - Dividend Comparison

Neither INMD nor SWAV has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

Drawdown Indicators

	INMD	SWAV	Difference
Max Drawdown Largest peak-to-trough decline	-86.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-29.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-86.96%	—	—
Current Drawdown Current decline from peak	-86.02%	—	—
Average Drawdown Average peak-to-trough decline	-55.18%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	19.87%	—	—

Volatility

Volatility by Period

	INMD	SWAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.98%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	40.03%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.84%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	61.64%	—	—

Financials