MDLZ vs. ALGT
MDLZ (Mondelez International, Inc.) and ALGT (Allegiant Travel Company) are both stocks. MDLZ operates in Confectioners (Consumer Defensive), while ALGT operates in Airlines (Industrials). Over the past 10 years, MDLZ returned 6.09%/yr vs -3.72%/yr for ALGT. At a 0.23 correlation, their price movements are largely independent.
Performance
MDLZ vs. ALGT - Performance Comparison
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Returns By Period
In the year-to-date period, MDLZ achieves a 18.03% return, which is significantly higher than ALGT's 7.41% return. Over the past 10 years, MDLZ has outperformed ALGT with an annualized return of 6.09%, while ALGT has yielded a comparatively lower -3.72% annualized return.
MDLZ
- 1D
- -0.58%
- 1M
- 4.22%
- YTD
- 18.03%
- 6M
- 18.65%
- 1Y
- -2.75%
- 3Y*
- -1.98%
- 5Y*
- 2.36%
- 10Y*
- 6.09%
ALGT
- 1D
- 6.45%
- 1M
- 22.28%
- YTD
- 7.41%
- 6M
- 6.67%
- 1Y
- 79.41%
- 3Y*
- -5.92%
- 5Y*
- -14.80%
- 10Y*
- -3.72%
MDLZ vs. ALGT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 18.03% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -4.27% | -1.58% |
ALGT Allegiant Travel Company | 7.41% | -9.40% | 16.03% | 23.44% | -63.65% | -1.16% | 9.32% | 76.98% | -33.95% | -5.16% |
Correlation
The correlation between MDLZ and ALGT is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.09 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 2006 | 0.23 |
The correlation between MDLZ and ALGT shifts across timeframes, from 0.07 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MDLZ:
$2.68
ALGT:
-$1.89
MDLZ:
1.56
ALGT:
0.63
MDLZ:
$39.30B
ALGT:
$2.64B
MDLZ:
$11.31B
ALGT:
$815.04M
MDLZ:
$4.67B
ALGT:
$340.03M
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Return for Risk
MDLZ vs. ALGT — Risk / Return Rank
MDLZ
ALGT
MDLZ vs. ALGT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) and Allegiant Travel Company (ALGT). 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.
| MDLZ | ALGT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.28 | ||
| Sortino ratioReturn per unit of downside risk | -2.12 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.22 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.81 | -1.99 |
| Martin ratioReturn relative to average drawdown | -0.30 | 4.23 | -4.53 |
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Drawdowns
MDLZ vs. ALGT - Drawdown Comparison
The maximum MDLZ drawdown since its inception was -42.52%, smaller than the maximum ALGT drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for MDLZ and ALGT.
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Drawdown Indicators
| MDLZ | ALGT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.52% | -86.01% | +43.49% |
Max Drawdown (1Y)Largest decline over 1 year | -25.93% | -39.13% | +13.20% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -70.95% | +41.95% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | -81.93% | +52.79% |
Max Drawdown (10Y)Largest decline over 10 years | -29.74% | -86.01% | +56.27% |
Current DrawdownCurrent decline from peak | -12.59% | -64.75% | +52.16% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -31.70% | +20.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.70% | 16.74% | -2.04% |
Volatility
MDLZ vs. ALGT - Volatility Comparison
The current volatility for Mondelez International, Inc. (MDLZ) is 5.46%, while Allegiant Travel Company (ALGT) has a volatility of 24.27%. This indicates that MDLZ experiences smaller price fluctuations and is considered to be less risky than ALGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDLZ | ALGT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 24.27% | -18.81% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 44.93% | -28.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.26% | 65.71% | -43.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 54.96% | -35.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 51.42% | -30.39% |
Dividends
MDLZ vs. ALGT - Dividend Comparison
MDLZ's dividend yield for the trailing twelve months is around 3.13%, while ALGT has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALGT Allegiant Travel Company | 0.00% | 0.00% | 1.27% | 1.45% | 0.00% | 0.00% | 0.37% | 1.61% | 2.79% | 1.81% | 1.44% | 1.64% |
MDLZ Mondelez International, Inc. | 3.13% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
Financials
MDLZ vs. ALGT - Financials Comparison
This section allows you to compare key financial metrics between Mondelez International, Inc. and Allegiant Travel Company. 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
MDLZ vs. ALGT - Profitability Comparison
MDLZ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mondelez International, Inc. reported a gross profit of 2.80B and revenue of 10.08B. Therefore, the gross margin over that period was 27.8%.
ALGT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported a gross profit of 479.13M and revenue of 732.43M. Therefore, the gross margin over that period was 65.4%.
MDLZ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mondelez International, Inc. reported an operating income of 808.00M and revenue of 10.08B, resulting in an operating margin of 8.0%.
ALGT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported an operating income of 81.10M and revenue of 732.43M, resulting in an operating margin of 11.1%.
MDLZ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mondelez International, Inc. reported a net income of 560.00M and revenue of 10.08B, resulting in a net margin of 5.6%.
ALGT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Allegiant Travel Company reported a net income of 42.48M and revenue of 732.43M, resulting in a net margin of 5.8%.
Frequently Asked Questions
MDLZ and ALGT have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALGT has higher volatility (24.27%) compared to MDLZ (5.46%). In terms of maximum drawdown, MDLZ dropped -42.52% vs ALGT's -86.01%.
ALGT currently has the higher Sharpe Ratio (1.08 vs -0.20), 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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