MCK vs. TMUS
MCK (McKesson Corporation) and TMUS (T-Mobile US, Inc.) are both stocks. MCK operates in Medical Distribution (Healthcare), while TMUS operates in Telecom Services (Communication Services). Over the past 10 years, MCK returned 16.13%/yr vs 16.10%/yr for TMUS. At a 0.28 correlation, their price movements are largely independent.
Performance
MCK vs. TMUS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MCK achieves a -6.36% return, which is significantly higher than TMUS's -11.22% return. Both investments have delivered pretty close results over the past 10 years, with MCK having a 16.13% annualized return and TMUS not far behind at 16.10%.
MCK
- 1D
- -1.16%
- 1M
- 4.27%
- YTD
- -6.36%
- 6M
- -3.74%
- 1Y
- 7.98%
- 3Y*
- 25.42%
- 5Y*
- 32.82%
- 10Y*
- 16.13%
TMUS
- 1D
- 0.19%
- 1M
- -7.35%
- YTD
- -11.22%
- 6M
- -11.83%
- 1Y
- -26.06%
- 3Y*
- 12.41%
- 5Y*
- 4.85%
- 10Y*
- 16.10%
MCK vs. TMUS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | -6.36% | 44.54% | 23.67% | 24.13% | 51.82% | 44.23% | 27.06% | 26.72% | -28.40% | 11.95% |
TMUS T-Mobile US, Inc. | -11.22% | -6.58% | 39.70% | 15.02% | 20.71% | -13.99% | 71.96% | 23.28% | 0.16% | 10.43% |
Correlation
The correlation between MCK and TMUS is 0.04, 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 | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Apr 19, 2007 | 0.28 |
Over the past year, the correlation between MCK and TMUS has dropped to 0.04 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
MCK:
$94.07B
TMUS:
$196.64B
MCK:
$38.38
TMUS:
$9.41
MCK:
19.97
TMUS:
18.96
MCK:
0.27
TMUS:
0.29
MCK:
0.24
TMUS:
2.21
MCK:
13.60
TMUS:
3.52
MCK:
$403.43B
TMUS:
$90.53B
MCK:
$14.55B
TMUS:
$34.92B
MCK:
$6.91B
TMUS:
$28.22B
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
MCK vs. TMUS — Risk / Return Rank
MCK
TMUS
MCK vs. TMUS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for McKesson Corporation (MCK) and T-Mobile US, Inc. (TMUS). 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.
| MCK | TMUS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +2.13 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.83 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.29 | -0.86 | +1.16 |
| Martin ratioReturn relative to average drawdown | 0.79 | -1.49 | +2.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MCK | TMUS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.28 | -1.05 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.36 | 0.20 | +1.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.62 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.20 | +0.25 |
Drawdowns
MCK vs. TMUS - Drawdown Comparison
The maximum MCK drawdown since its inception was -82.84%, roughly equal to the maximum TMUS drawdown of -86.29%. Use the drawdown chart below to compare losses from any high point for MCK and TMUS.
Loading charts...
Drawdown Indicators
| MCK | TMUS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.84% | -86.29% | +3.45% |
Max Drawdown (1Y)Largest decline over 1 year | -27.17% | -30.37% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -27.17% | -33.65% | +6.48% |
Max Drawdown (5Y)Largest decline over 5 years | -27.17% | -33.65% | +6.48% |
Max Drawdown (10Y)Largest decline over 10 years | -44.23% | -33.65% | -10.58% |
Current DrawdownCurrent decline from peak | -22.92% | -33.12% | +10.20% |
Average DrawdownAverage peak-to-trough decline | -28.65% | -25.96% | -2.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.06% | 17.64% | -7.58% |
Volatility
MCK vs. TMUS - Volatility Comparison
McKesson Corporation (MCK) and T-Mobile US, Inc. (TMUS) have volatilities of 6.94% and 6.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MCK | TMUS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.94% | 6.91% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 22.76% | 19.14% | +3.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.16% | 25.04% | +4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.20% | 23.86% | +0.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.82% | 26.08% | +2.74% |
Dividends
MCK vs. TMUS - Dividend Comparison
MCK's dividend yield for the trailing twelve months is around 0.43%, less than TMUS's 2.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MCK McKesson Corporation | 0.43% | 0.37% | 0.47% | 0.50% | 0.54% | 0.72% | 0.95% | 1.16% | 1.32% | 0.80% | 0.80% | 0.53% |
TMUS T-Mobile US, Inc. | 2.21% | 1.80% | 1.28% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MCK vs. TMUS - Financials Comparison
This section allows you to compare key financial metrics between McKesson Corporation and T-Mobile US, 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. TMUS - 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%.
TMUS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a gross profit of 0.00 and revenue of 23.11B. Therefore, the gross margin over that period was 0.0%.
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%.
TMUS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported an operating income of 4.50B and revenue of 23.11B, resulting in an operating margin of 19.5%.
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%.
TMUS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, T-Mobile US, Inc. reported a net income of 2.50B and revenue of 23.11B, resulting in a net margin of 10.8%.
Frequently Asked Questions
MCK and TMUS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MCK has higher volatility (6.94%) compared to TMUS (6.91%). In terms of maximum drawdown, MCK dropped -82.84% vs TMUS's -86.29%.
MCK currently has the higher Sharpe Ratio (0.28 vs -1.05), 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 MCK and TMUS
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