IRMD vs. ISRG
IRMD (IRadimed Corporation) and ISRG (Intuitive Surgical, Inc.) are both stocks. Both are in the Healthcare sector — IRMD in Medical Devices, ISRG in Medical Instruments & Supplies. Over the past 10 years, IRMD returned 18.50%/yr vs 17.16%/yr for ISRG. Their 0.25 correlation means their historical movements had little consistent relationship.
Performance
IRMD vs. ISRG - Performance Comparison
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Returns By Period
In the year-to-date period, IRMD achieves a -5.48% return, which is significantly higher than ISRG's -33.72% return. Over the past 10 years, IRMD has outperformed ISRG with an annualized return of 18.50%, while ISRG has yielded a comparatively lower 17.16% annualized return.
IRMD
- 1D
- 0.77%
- 1M
- -9.32%
- 6M
- -7.12%
- YTD
- -5.48%
- 1Y
- 40.30%
- 3Y*
- 25.47%
- 5Y*
- 24.32%
- 10Y*
- 18.50%
- ALL TIME*
- 21.12%
ISRG
- 1D
- 6.25%
- 1M
- -11.88%
- 6M
- -24.42%
- YTD
- -33.72%
- 1Y
- -22.29%
- 3Y*
- 6.67%
- 5Y*
- 2.59%
- 10Y*
- 17.16%
- ALL TIME*
- 22.15%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.29M | $12.46M | $12.65M | |
| $1.36B | $1.48B | $1.20B |
IRMD vs. ISRG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRMD IRadimed Corporation | -5.48% | 79.69% | 16.99% | 75.37% | -37.53% | 102.68% | -2.48% | -4.42% | 61.45% | 36.49% |
ISRG Intuitive Surgical, Inc. | -33.72% | 8.51% | 54.72% | 27.14% | -26.15% | 31.76% | 38.39% | 23.43% | 31.23% | 72.64% |
Correlation
The correlation between IRMD and ISRG is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.27 |
Correlation (All Time) Calculated using the full available price history since Jul 16, 2014 | 0.25 |
The correlation between IRMD and ISRG shifts across timeframes, from 0.25 (all time) to 0.41 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
IRMD:
$1.17B
ISRG:
$132.62B
IRMD:
$1.79
ISRG:
$8.72
IRMD:
51.11
ISRG:
43.07
IRMD:
2.13
ISRG:
2.64
IRMD:
13.65
ISRG:
12.25
IRMD:
11.58
ISRG:
7.36
IRMD:
$86.34M
ISRG:
$11.03B
IRMD:
$65.50M
ISRG:
$7.36B
IRMD:
$30.70M
ISRG:
$4.18B
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Return for Risk
IRMD vs. ISRG — Risk / Return Rank
IRMD
ISRG
IRMD vs. ISRG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IRadimed Corporation (IRMD) and Intuitive Surgical, Inc. (ISRG). 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.
| IRMD | ISRG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.86 | ||
| Sortino ratioReturn per unit of downside risk | +2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.91 | +0.32 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | -0.51 | +2.47 |
| Martin ratioReturn relative to average drawdown | 5.14 | -1.17 | +6.31 |
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Drawdowns
IRMD vs. ISRG - Drawdown Comparison
The maximum IRMD drawdown since its inception was -75.83%, smaller than the maximum ISRG drawdown of -82.26%. Use the drawdown chart below to compare losses from any high point for IRMD and ISRG.
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Drawdown Indicators
| IRMD | ISRG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.83% | -82.26% | +6.43% |
Max Drawdown (1Y)Largest decline over 1 year | -20.62% | -44.00% | +23.38% |
Max Drawdown (3Y)Largest decline over 3 years | -25.83% | -45.61% | +19.78% |
Max Drawdown (5Y)Largest decline over 5 years | -49.38% | -49.90% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -58.20% | -49.90% | -8.30% |
Current DrawdownCurrent decline from peak | -12.69% | -38.50% | +25.81% |
Average DrawdownAverage peak-to-trough decline | -27.83% | -21.36% | -6.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.86% | 19.15% | -11.29% |
Volatility
IRMD vs. ISRG - Volatility Comparison
The current volatility for IRadimed Corporation (IRMD) is 11.04%, while Intuitive Surgical, Inc. (ISRG) has a volatility of 20.61%. This indicates that IRMD experiences smaller price fluctuations and is considered to be less risky than ISRG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRMD | ISRG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.04% | 20.61% | -9.57% |
Volatility (6M)Calculated over the trailing 6-month period | 23.94% | 28.73% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.64% | 36.36% | -3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.85% | 34.41% | +8.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.22% | 33.01% | +15.21% |
Dividends
IRMD vs. ISRG - Dividend Comparison
IRMD's dividend yield for the trailing twelve months is around 1.35%, while ISRG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
IRMD IRadimed Corporation | 1.35% | 1.21% | 0.82% | 3.54% | 3.53% |
ISRG Intuitive Surgical, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IRMD vs. ISRG - Financials Comparison
This section allows you to compare key financial metrics between IRadimed Corporation and Intuitive Surgical, 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
IRMD vs. ISRG - Profitability Comparison
IRMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, IRadimed Corporation reported a gross profit of 15.16M and revenue of 20.47M. Therefore, the gross margin over that period was 74.1%.
ISRG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Intuitive Surgical, Inc. reported a gross profit of 1.96B and revenue of 2.89B. Therefore, the gross margin over that period was 67.8%.
IRMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, IRadimed Corporation reported an operating income of 6.39M and revenue of 20.47M, resulting in an operating margin of 31.2%.
ISRG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Intuitive Surgical, Inc. reported an operating income of 971.90M and revenue of 2.89B, resulting in an operating margin of 33.6%.
IRMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, IRadimed Corporation reported a net income of 5.22M and revenue of 20.47M, resulting in a net margin of 25.5%.
ISRG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Intuitive Surgical, Inc. reported a net income of 818.10M and revenue of 2.89B, resulting in a net margin of 28.3%.
Frequently Asked Questions
IRMD and ISRG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISRG has higher volatility (20.61%) compared to IRMD (11.04%). In terms of maximum drawdown, IRMD dropped -75.83% vs ISRG's -82.26%.
IRMD currently has the higher Sharpe Ratio (1.24 vs -0.62), 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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