MCK vs. CF
MCK (McKesson Corporation) and CF (CF Industries Holdings, Inc.) are both stocks. MCK operates in Medical Distribution (Healthcare), while CF operates in Agricultural Inputs (Basic Materials). Over the past 10 years, MCK returned 16.64%/yr vs 17.90%/yr for CF. At a 0.23 correlation, their price movements are largely independent.
Performance
MCK vs. CF - Performance Comparison
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Returns By Period
In the year-to-date period, MCK achieves a -4.23% return, which is significantly lower than CF's 42.89% return. Over the past 10 years, MCK has underperformed CF with an annualized return of 16.64%, while CF has yielded a comparatively higher 17.90% annualized return.
MCK
- 1D
- -0.40%
- 1M
- 3.20%
- YTD
- -4.23%
- 6M
- -3.47%
- 1Y
- 8.11%
- 3Y*
- 26.04%
- 5Y*
- 32.74%
- 10Y*
- 16.64%
CF
- 1D
- 2.74%
- 1M
- -12.58%
- YTD
- 42.89%
- 6M
- 39.56%
- 1Y
- 11.91%
- 3Y*
- 19.07%
- 5Y*
- 17.73%
- 10Y*
- 17.90%
MCK vs. CF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | -4.23% | 44.54% | 23.67% | 24.13% | 51.82% | 44.23% | 27.06% | 26.72% | -28.40% | 11.95% |
CF CF Industries Holdings, Inc. | 42.89% | -7.17% | 10.08% | -4.75% | 22.29% | 87.18% | -15.76% | 12.73% | 5.13% | 40.24% |
Correlation
The correlation between MCK and CF 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 | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 11, 2005 | 0.23 |
Over the past year, the correlation between MCK and CF has dropped to 0.01 - well below their long-term average of 0.23, suggesting their price drivers have been diverging.
Fundamentals
MCK:
$96.20B
CF:
$16.91B
MCK:
$38.38
CF:
$11.08
MCK:
20.43
CF:
9.88
MCK:
0.27
CF:
0.16
MCK:
0.24
CF:
2.35
MCK:
13.91
CF:
2.05
MCK:
$403.43B
CF:
$7.41B
MCK:
$14.55B
CF:
$2.99B
MCK:
$6.91B
CF:
$2.60B
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Return for Risk
MCK vs. CF — Risk / Return Rank
MCK
CF
MCK vs. CF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for McKesson Corporation (MCK) and CF Industries Holdings, Inc. (CF). 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.
| MCK | CF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.19 | ||
| Sortino ratioReturn per unit of downside risk | -0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.11 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | 0.77 | -0.49 |
| Martin ratioReturn relative to average drawdown | 0.74 | 1.35 | -0.60 |
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Drawdowns
MCK vs. CF - Drawdown Comparison
The maximum MCK drawdown since its inception was -82.84%, which is greater than CF's maximum drawdown of -76.73%. Use the drawdown chart below to compare losses from any high point for MCK and CF.
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Drawdown Indicators
| MCK | CF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.84% | -76.73% | -6.11% |
Max Drawdown (1Y)Largest decline over 1 year | -27.17% | -24.87% | -2.30% |
Max Drawdown (3Y)Largest decline over 3 years | -27.17% | -29.16% | +1.99% |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | -48.36% | +21.19% |
Max Drawdown (10Y)Largest decline over 10 years | -44.23% | -60.74% | +16.51% |
Current DrawdownCurrent decline from peak | -21.17% | -20.11% | -1.06% |
Average DrawdownAverage peak-to-trough decline | -28.64% | -24.92% | -3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.40% | 14.29% | -3.89% |
Volatility
MCK vs. CF - Volatility Comparison
The current volatility for McKesson Corporation (MCK) is 6.47%, while CF Industries Holdings, Inc. (CF) has a volatility of 9.83%. This indicates that MCK experiences smaller price fluctuations and is considered to be less risky than CF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MCK | CF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.47% | 9.83% | -3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 22.74% | 35.49% | -12.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.14% | 42.20% | -13.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.19% | 38.23% | -14.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.82% | 40.30% | -11.48% |
Dividends
MCK vs. CF - Dividend Comparison
MCK's dividend yield for the trailing twelve months is around 0.42%, less than CF's 1.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CF CF Industries Holdings, Inc. | 1.83% | 2.59% | 2.34% | 2.01% | 1.76% | 1.70% | 3.10% | 2.51% | 2.76% | 2.82% | 3.81% | 2.94% |
MCK McKesson Corporation | 0.42% | 0.37% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% |
Financials
MCK vs. CF - Financials Comparison
This section allows you to compare key financial metrics between McKesson Corporation and CF Industries Holdings, 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
MCK vs. CF - Profitability Comparison
MCK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a gross profit of 4.04B and revenue of 96.30B. Therefore, the gross margin over that period was 4.2%.
CF - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, CF Industries Holdings, Inc. reported a gross profit of 746.00M and revenue of 1.99B. Therefore, the gross margin over that period was 37.6%.
MCK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported an operating income of 2.09B and revenue of 96.30B, resulting in an operating margin of 2.2%.
CF - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, CF Industries Holdings, Inc. reported an operating income of 6.00M and revenue of 1.99B, resulting in an operating margin of 0.3%.
MCK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, McKesson Corporation reported a net income of 1.68B and revenue of 96.30B, resulting in a net margin of 1.8%.
CF - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, CF Industries Holdings, Inc. reported a net income of 615.00M and revenue of 1.99B, resulting in a net margin of 31.0%.
Frequently Asked Questions
MCK and CF 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.
CF has higher volatility (9.83%) compared to MCK (6.47%). In terms of maximum drawdown, MCK dropped -82.84% vs CF's -76.73%.
CF currently has the higher Sharpe Ratio (0.46 vs 0.27), 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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