JNJ vs. DOV
JNJ (Johnson & Johnson) and DOV (Dover Corporation) are both stocks. JNJ operates in Drug Manufacturers - General (Healthcare), while DOV operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, JNJ returned 10.64%/yr vs 15.85%/yr for DOV. At a 0.28 correlation, their price movements are largely independent.
Performance
JNJ vs. DOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JNJ achieves a 25.55% return, which is significantly higher than DOV's 10.81% return. Over the past 10 years, JNJ has underperformed DOV with an annualized return of 10.64%, while DOV has yielded a comparatively higher 15.85% annualized return.
JNJ
- 1D
- -0.82%
- 1M
- 7.83%
- 6M
- 27.13%
- YTD
- 25.55%
- 1Y
- 67.88%
- 3Y*
- 20.92%
- 5Y*
- 11.75%
- 10Y*
- 10.64%
DOV
- 1D
- 1.78%
- 1M
- -1.46%
- 6M
- 7.16%
- YTD
- 10.81%
- 1Y
- 15.16%
- 3Y*
- 14.24%
- 5Y*
- 8.34%
- 10Y*
- 15.85%
JNJ vs. DOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 25.55% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
DOV Dover Corporation | 10.81% | 5.24% | 23.35% | 15.22% | -24.34% | 45.73% | 11.53% | 65.80% | -11.11% | 37.68% |
Correlation
The correlation between JNJ and DOV is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jul 1, 1985 | 0.28 |
Over the past year, the correlation between JNJ and DOV has dropped to 0.05 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
JNJ:
$618.61B
DOV:
$29.00B
JNJ:
$8.63
DOV:
$8.02
JNJ:
29.77
DOV:
26.84
JNJ:
0.99
DOV:
1.11
JNJ:
6.50
DOV:
3.57
JNJ:
7.74
DOV:
3.91
JNJ:
$96.36B
DOV:
$8.28B
JNJ:
$66.60B
DOV:
$3.27B
JNJ:
$31.62B
DOV:
$1.78B
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
JNJ vs. DOV — Risk / Return Rank
JNJ
DOV
JNJ vs. DOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and Dover Corporation (DOV). 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.
| JNJ | DOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.04 | ||
| Sortino ratioReturn per unit of downside risk | +4.13 | ||
| Omega ratioGain probability vs. loss probability | 1.63 | 1.12 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 6.15 | 0.93 | +5.22 |
| Martin ratioReturn relative to average drawdown | 17.80 | 2.07 | +15.72 |
Loading charts...
Drawdowns
JNJ vs. DOV - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum DOV drawdown of -58.22%. Use the drawdown chart below to compare losses from any high point for JNJ and DOV.
Loading charts...
Drawdown Indicators
| JNJ | DOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -58.22% | +7.55% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -15.34% | +4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -26.59% | +10.64% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -35.56% | +17.15% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -45.24% | +17.87% |
Current DrawdownCurrent decline from peak | -3.84% | -7.27% | +3.43% |
Average DrawdownAverage peak-to-trough decline | -11.89% | -13.13% | +1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.78% | 6.87% | -3.09% |
Volatility
JNJ vs. DOV - Volatility Comparison
Johnson & Johnson (JNJ) has a higher volatility of 8.87% compared to Dover Corporation (DOV) at 8.29%. This indicates that JNJ's price experiences larger fluctuations and is considered to be riskier than DOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| JNJ | DOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.87% | 8.29% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 14.32% | 18.70% | -4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.68% | 24.96% | -6.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.26% | 24.96% | -7.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.66% | 26.67% | -8.01% |
Dividends
JNJ vs. DOV - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.04%, more than DOV's 0.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DOV Dover Corporation | 0.97% | 1.06% | 1.09% | 1.32% | 1.48% | 1.10% | 1.56% | 1.68% | 2.55% | 1.80% | 2.30% | 2.67% |
JNJ Johnson & Johnson | 2.04% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
JNJ vs. DOV - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson and Dover 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.
Total Revenue: Total amount of money received from sales and other business activities
JNJ vs. DOV - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
DOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Dover Corporation reported a gross profit of 798.14M and revenue of 2.05B. Therefore, the gross margin over that period was 38.9%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
DOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Dover Corporation reported an operating income of 305.91M and revenue of 2.05B, resulting in an operating margin of 14.9%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
DOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Dover Corporation reported a net income of 238.43M and revenue of 2.05B, resulting in a net margin of 11.6%.
Frequently Asked Questions
JNJ and DOV have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JNJ has higher volatility (8.87%) compared to DOV (8.29%). In terms of maximum drawdown, JNJ dropped -50.67% vs DOV's -58.22%.
JNJ currently has the higher Sharpe Ratio (3.61 vs 0.57), 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 JNJ and DOV
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