M vs. A
M (Macy's, Inc.) and A (Agilent Technologies, Inc.) are both stocks. M operates in Department Stores (Consumer Cyclical), while A operates in Diagnostics & Research (Healthcare). Over the past 10 years, M returned -0.13%/yr vs 12.52%/yr for A. At a 0.33 correlation, their price movements are largely independent.
Performance
M vs. A - Performance Comparison
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Returns By Period
In the year-to-date period, M achieves a -0.02% return, which is significantly lower than A's 1.39% return. Over the past 10 years, M has underperformed A with an annualized return of -0.13%, while A has yielded a comparatively higher 12.52% annualized return.
M
- 1D
- 0.60%
- 1M
- 14.02%
- YTD
- -0.02%
- 6M
- -1.10%
- 1Y
- 98.48%
- 3Y*
- 17.28%
- 5Y*
- 7.89%
- 10Y*
- -0.13%
A
- 1D
- 1.74%
- 1M
- 22.48%
- YTD
- 1.39%
- 6M
- -7.57%
- 1Y
- 22.85%
- 3Y*
- 5.94%
- 5Y*
- 0.63%
- 10Y*
- 12.52%
M vs. A - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
M Macy's, Inc. | -0.02% | 36.55% | -12.41% | 1.64% | -18.66% | 135.80% | -31.08% | -38.20% | 23.64% | -25.29% |
A Agilent Technologies, Inc. | 1.39% | 1.92% | -2.70% | -6.42% | -5.52% | 35.51% | 39.79% | 27.54% | 1.67% | 48.32% |
Correlation
The correlation between M and A is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 1999 | 0.33 |
Fundamentals
M:
$5.94B
A:
$39.02B
M:
-$166.77
A:
$4.97
M:
0.36
A:
5.48
M:
-$526.20B
A:
$7.23B
M:
-$146.61B
A:
$1.88B
M:
-$17.82B
A:
$1.73B
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Return for Risk
M vs. A — Risk / Return Rank
M
A
M vs. A - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Macy's, Inc. (M) and Agilent Technologies, Inc. (A). 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.
| M | A | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.49 | ||
| Sortino ratioReturn per unit of downside risk | +1.82 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.16 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 0.77 | +2.69 |
| Martin ratioReturn relative to average drawdown | 8.35 | 1.52 | +6.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| M | A | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.19 | 0.70 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.02 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.00 | 0.45 | -0.45 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.15 | -0.05 |
Drawdowns
M vs. A - Drawdown Comparison
The maximum M drawdown since its inception was -91.95%, roughly equal to the maximum A drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for M and A.
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Drawdown Indicators
| M | A | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.95% | -93.18% | +1.23% |
Max Drawdown (1Y)Largest decline over 1 year | -28.61% | -29.75% | +1.14% |
Max Drawdown (3Y)Largest decline over 3 years | -51.33% | -35.32% | -16.01% |
Max Drawdown (5Y)Largest decline over 5 years | -69.65% | -43.19% | -26.46% |
Max Drawdown (10Y)Largest decline over 10 years | -87.79% | -43.19% | -44.60% |
Current DrawdownCurrent decline from peak | -52.32% | -20.74% | -31.58% |
Average DrawdownAverage peak-to-trough decline | -34.50% | -57.29% | +22.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.84% | 15.12% | -3.28% |
Volatility
M vs. A - Volatility Comparison
The current volatility for Macy's, Inc. (M) is 12.73%, while Agilent Technologies, Inc. (A) has a volatility of 17.29%. This indicates that M experiences smaller price fluctuations and is considered to be less risky than A based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| M | A | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.73% | 17.29% | -4.56% |
Volatility (6M)Calculated over the trailing 6-month period | 27.84% | 24.78% | +3.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.33% | 32.86% | +12.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.04% | 29.91% | +24.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.08% | 28.13% | +27.95% |
Dividends
M vs. A - Dividend Comparison
M's dividend yield for the trailing twelve months is around 3.39%, more than A's 0.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
A Agilent Technologies, Inc. | 0.73% | 0.55% | 0.71% | 0.66% | 0.71% | 0.49% | 0.46% | 0.79% | 0.91% | 0.81% | 1.05% | 1.23% |
M Macy's, Inc. | 3.39% | 3.31% | 4.10% | 3.29% | 3.05% | 1.15% | 3.36% | 8.88% | 5.07% | 5.99% | 4.17% | 3.98% |
Financials
M vs. A - Financials Comparison
This section allows you to compare key financial metrics between Macy's, Inc. and Agilent Technologies, 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
M vs. A - Profitability Comparison
M - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Macy's, Inc. reported a gross profit of -152.87B and revenue of -544.02B. Therefore, the gross margin over that period was 28.1%.
A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Agilent Technologies, Inc. reported a gross profit of -946.00M and revenue of 1.84B. Therefore, the gross margin over that period was -51.6%.
M - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Macy's, Inc. reported an operating income of -89.28B and revenue of -544.02B, resulting in an operating margin of 16.4%.
A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Agilent Technologies, Inc. reported an operating income of 399.00M and revenue of 1.84B, resulting in an operating margin of 21.7%.
M - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Macy's, Inc. reported a net income of -46.55B and revenue of -544.02B, resulting in a net margin of 8.6%.
A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Agilent Technologies, Inc. reported a net income of 339.00M and revenue of 1.84B, resulting in a net margin of 18.5%.
Frequently Asked Questions
M and A have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
A has higher volatility (17.29%) compared to M (12.73%). In terms of maximum drawdown, M dropped -91.95% vs A's -93.18%.
M currently has the higher Sharpe Ratio (2.19 vs 0.70), 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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