MAZDOCK.NS vs. WMT

Last updated Jun 13, 2026

MAZDOCK.NS (Mazagon Dock Shipbuilders Limited) and WMT (Walmart Inc.) are both stocks. MAZDOCK.NS operates in Aerospace & Defense (Industrials), while WMT operates in Discount Stores (Consumer Defensive). Over the past 5 years, MAZDOCK.NS returned 110.02%/yr vs 28.96%/yr for WMT. At a 0.02 correlation, their price movements are largely independent.

Performance

MAZDOCK.NS vs. WMT - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) and Walmart Inc. (WMT). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

MAZDOCK.NS is traded in INR, while WMT is traded in USD. To make them comparable, the WMT values have been converted to INR using the latest available exchange rates.

Returns By Period

In the year-to-date period, MAZDOCK.NS achieves a -2.92% return, which is significantly lower than WMT's 15.47% return.

MAZDOCK.NS

• 1D: 2.67%
• 1M: -4.30%
• YTD: -2.92%
• 6M: -1.67%
• 1Y: -24.46%
• 3Y*: 113.50%
• 5Y*: 110.02%
• 10Y*: —

WMT

• 1D: -0.23%
• 1M: -8.43%
• YTD: 15.47%
• 6M: 9.37%
• 1Y: 43.11%
• 3Y*: 40.83%
• 5Y*: 28.96%
• 10Y*: 23.94%

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

MAZDOCK.NS vs. WMT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MAZDOCK.NS Mazagon Dock Shipbuilders Limited	-2.92%	12.25%	297.56%	193.96%	208.20%	36.22%	1.66%
WMT Walmart Inc.	15.47%	30.45%	79.26%	13.66%	10.23%	4.00%	1.45%

Correlation

The correlation between MAZDOCK.NS and WMT is -0.01, 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	-0.01
Correlation (3Y) Calculated over the trailing 3-year period	-0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.03
Correlation (All Time) Calculated using the full available price history since Oct 12, 2020	0.02

Return for Risk

MAZDOCK.NS vs. WMT — Risk / Return Rank

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

MAZDOCK.NS

MAZDOCK.NS Risk / Return Rank: 15
MAZDOCK.NS Sharpe Ratio Rank: 12
MAZDOCK.NS Sortino Ratio Rank: 13
MAZDOCK.NS Omega Ratio Rank: 14
MAZDOCK.NS Calmar Ratio Rank: 18
MAZDOCK.NS Martin Ratio Rank: 18

WMT

WMT Risk / Return Rank: 76
WMT Sharpe Ratio Rank: 78
WMT Sortino Ratio Rank: 73
WMT Omega Ratio Rank: 74
WMT Calmar Ratio Rank: 75
WMT Martin Ratio Rank: 80

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.

MAZDOCK.NS vs. WMT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) and Walmart Inc. (WMT). 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.

	MAZDOCK.NS	WMT	Difference
Sharpe ratio: Return per unit of total volatility	-0.72	1.80	-2.52
Sortino ratio: Return per unit of downside risk	-0.96	2.47	-3.43
Omega ratio: Gain probability vs. loss probability	0.89	1.33	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.66	2.57	-3.23
Martin ratio: Return relative to average drawdown	-1.14	9.47	-10.60

MAZDOCK.NS vs. WMT - Sharpe Ratio Comparison

The current MAZDOCK.NS Sharpe Ratio is -0.72, which is lower than the WMT Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of MAZDOCK.NS and WMT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MAZDOCK.NS vs. WMT - Drawdown Comparison

The maximum MAZDOCK.NS drawdown since its inception was -44.60%, which is greater than WMT's maximum drawdown of -32.77%. Use the drawdown chart below to compare losses from any high point for MAZDOCK.NS and WMT.

Drawdown Indicators

	MAZDOCK.NS	WMT	Difference
Max Drawdown Largest peak-to-trough decline	-44.60%	-32.77%	-11.83%
Max Drawdown (1Y) Largest decline over 1 year	-37.83%	-16.86%	-20.97%
Max Drawdown (3Y) Largest decline over 3 years	-44.60%	-22.08%	-22.52%
Max Drawdown (5Y) Largest decline over 5 years	-44.60%	-24.14%	-20.46%
Max Drawdown (10Y) Largest decline over 10 years	—	-24.14%	—
Current Drawdown Current decline from peak	-35.35%	-11.14%	-24.21%
Average Drawdown Average peak-to-trough decline	-13.73%	-7.63%	-6.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.51%	4.57%	+18.94%

Volatility

MAZDOCK.NS vs. WMT - Volatility Comparison

The current volatility for Mazagon Dock Shipbuilders Limited (MAZDOCK.NS) is 5.72%, while Walmart Inc. (WMT) has a volatility of 10.73%. This indicates that MAZDOCK.NS experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAZDOCK.NS	WMT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.72%	10.73%	-5.01%
Volatility (6M) Calculated over the trailing 6-month period	28.75%	18.92%	+9.83%
Volatility (1Y) Calculated over the trailing 1-year period	34.82%	24.09%	+10.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	66.87%	21.73%	+45.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	65.48%	21.75%	+43.73%

Dividends

MAZDOCK.NS vs. WMT - Dividend Comparison

MAZDOCK.NS's dividend yield for the trailing twelve months is around 0.67%, less than WMT's 0.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MAZDOCK.NS Mazagon Dock Shipbuilders Limited	0.67%	0.47%	0.79%	1.95%	4.50%	5.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WMT Walmart Inc.	0.80%	0.84%	0.92%	1.45%	1.58%	1.52%	1.50%	1.78%	2.23%	2.07%	2.89%	3.20%

Financials

Frequently Asked Questions

Can I hold both MAZDOCK.NS and WMT in my portfolio?

MAZDOCK.NS and WMT have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.