MANH vs. DXCM
MANH (Manhattan Associates, Inc.) and DXCM (DexCom, Inc.) are both stocks. MANH operates in Software - Application (Technology), while DXCM operates in Diagnostics & Research (Healthcare). Over the past 10 years, MANH returned 12.74%/yr vs 13.66%/yr for DXCM. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
MANH vs. DXCM - Performance Comparison
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Returns By Period
In the year-to-date period, MANH achieves a 10.41% return, which is significantly lower than DXCM's 25.73% return. Over the past 10 years, MANH has underperformed DXCM with an annualized return of 12.74%, while DXCM has yielded a comparatively higher 13.66% annualized return.
MANH
- 1D
- 0.20%
- 1M
- 30.70%
- 6M
- 26.72%
- YTD
- 10.41%
- 1Y
- -12.88%
- 3Y*
- -0.04%
- 5Y*
- 3.69%
- 10Y*
- 12.74%
- ALL TIME*
- 12.71%
DXCM
- 1D
- 11.95%
- 1M
- 21.19%
- 6M
- 14.25%
- YTD
- 25.73%
- 1Y
- 3.32%
- 3Y*
- -11.89%
- 5Y*
- -8.33%
- 10Y*
- 13.66%
- ALL TIME*
- 16.87%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
DXCM DexCom, Inc. | $381.17M | $359.84M | $403.63M |
| $192.14M | $150.10M | $107.01M |
MANH vs. DXCM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MANH Manhattan Associates, Inc. | 10.41% | -35.87% | 25.51% | 77.36% | -21.92% | 47.83% | 31.89% | 88.22% | -14.47% | -6.58% |
DXCM DexCom, Inc. | 25.73% | -14.66% | -37.33% | 9.58% | -15.64% | 45.23% | 69.02% | 82.59% | 108.75% | -3.87% |
Correlation
The correlation between MANH and DXCM is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Apr 14, 2005 | 0.37 |
The correlation between MANH and DXCM shifts across timeframes, from 0.22 (1 year) to 0.38 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MANH:
$11.32B
DXCM:
$32.20B
MANH:
$3.49
DXCM:
$2.51
MANH:
54.88
DXCM:
33.22
MANH:
2.61
DXCM:
0.79
MANH:
10.24
DXCM:
6.68
MANH:
72.31
DXCM:
12.47
MANH:
$1.13B
DXCM:
$4.97B
MANH:
$301.44M
DXCM:
$3.12B
MANH:
$290.03M
DXCM:
$1.41B
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Return for Risk
MANH vs. DXCM — Risk / Return Rank
MANH
DXCM
MANH vs. DXCM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Manhattan Associates, Inc. (MANH) and DexCom, Inc. (DXCM). 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.
| MANH | DXCM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.05 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 0.10 | -0.39 |
| Martin ratioReturn relative to average drawdown | -0.47 | 0.19 | -0.66 |
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Drawdowns
MANH vs. DXCM - Drawdown Comparison
The maximum MANH drawdown since its inception was -87.04%, smaller than the maximum DXCM drawdown of -94.61%. Use the drawdown chart below to compare losses from any high point for MANH and DXCM.
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Drawdown Indicators
| MANH | DXCM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.04% | -94.61% | +7.57% |
Max Drawdown (1Y)Largest decline over 1 year | -45.10% | -33.33% | -11.77% |
Max Drawdown (3Y)Largest decline over 3 years | -60.98% | -60.95% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -60.98% | -66.32% | +5.34% |
Max Drawdown (10Y)Largest decline over 10 years | -60.98% | -66.32% | +5.34% |
Current DrawdownCurrent decline from peak | -38.23% | -48.75% | +10.52% |
Average DrawdownAverage peak-to-trough decline | -39.54% | -36.14% | -3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.44% | 17.53% | +9.91% |
Volatility
MANH vs. DXCM - Volatility Comparison
Manhattan Associates, Inc. (MANH) has a higher volatility of 24.18% compared to DexCom, Inc. (DXCM) at 15.95%. This indicates that MANH's price experiences larger fluctuations and is considered to be riskier than DXCM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MANH | DXCM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.18% | 15.95% | +8.23% |
Volatility (6M)Calculated over the trailing 6-month period | 40.82% | 29.74% | +11.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 46.73% | 42.91% | +3.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.92% | 47.22% | -7.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.28% | 48.66% | -8.38% |
Dividends
MANH vs. DXCM - Dividend Comparison
Neither MANH nor DXCM has paid dividends to shareholders.
Financials
MANH vs. DXCM - Financials Comparison
This section allows you to compare key financial metrics between Manhattan Associates, Inc. and DexCom, 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
MANH vs. DXCM - Profitability Comparison
MANH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Manhattan Associates, Inc. reported a gross profit of -155.57M and revenue of 297.79M. Therefore, the gross margin over that period was -52.2%.
DXCM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported a gross profit of 830.00M and revenue of 1.31B. Therefore, the gross margin over that period was 63.4%.
MANH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Manhattan Associates, Inc. reported an operating income of 66.23M and revenue of 297.79M, resulting in an operating margin of 22.2%.
DXCM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported an operating income of 318.30M and revenue of 1.31B, resulting in an operating margin of 24.3%.
MANH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Manhattan Associates, Inc. reported a net income of 50.35M and revenue of 297.79M, resulting in a net margin of 16.9%.
DXCM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, DexCom, Inc. reported a net income of 249.10M and revenue of 1.31B, resulting in a net margin of 19.0%.
Frequently Asked Questions
MANH and DXCM have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MANH has higher volatility (24.18%) compared to DXCM (15.95%). In terms of maximum drawdown, MANH dropped -87.04% vs DXCM's -94.61%.
DXCM currently has the higher Sharpe Ratio (0.08 vs -0.28), 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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