MDT vs. CL
MDT (Medtronic plc) and CL (Colgate-Palmolive Company) are both stocks. MDT operates in Medical Devices (Healthcare), while CL operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, MDT returned 2.00%/yr vs 4.62%/yr for CL. At a 0.28 correlation, their price movements are largely independent.
Performance
MDT vs. CL - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -15.83% return, which is significantly lower than CL's 14.60% return. Over the past 10 years, MDT has underperformed CL with an annualized return of 2.00%, while CL has yielded a comparatively higher 4.62% annualized return.
MDT
- 1D
- -0.16%
- 1M
- 5.24%
- YTD
- -15.83%
- 6M
- -18.44%
- 1Y
- -6.49%
- 3Y*
- 1.02%
- 5Y*
- -5.47%
- 10Y*
- 2.00%
CL
- 1D
- 0.07%
- 1M
- 1.80%
- YTD
- 14.60%
- 6M
- 15.59%
- 1Y
- -1.53%
- 3Y*
- 8.47%
- 5Y*
- 3.79%
- 10Y*
- 4.62%
MDT vs. CL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -15.83% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
CL Colgate-Palmolive Company | 14.60% | -10.98% | 16.57% | 3.78% | -5.44% | 2.08% | 27.17% | 18.60% | -19.19% | 17.88% |
Correlation
The correlation between MDT and CL is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1981 | 0.28 |
Fundamentals
MDT:
$103.31B
CL:
$72.02B
MDT:
$3.58
CL:
$2.58
MDT:
22.38
CL:
34.68
MDT:
2.02
CL:
8.96
MDT:
2.91
CL:
3.48
MDT:
$35.48B
CL:
$20.80B
MDT:
$5.78B
CL:
$12.49B
MDT:
$7.11B
CL:
$3.92B
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Return for Risk
MDT vs. CL — Risk / Return Rank
MDT
CL
MDT vs. CL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) and Colgate-Palmolive Company (CL). 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.
| MDT | CL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.24 | ||
| Sortino ratioReturn per unit of downside risk | -0.38 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.01 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | -0.08 | -0.14 |
| Martin ratioReturn relative to average drawdown | -0.56 | -0.14 | -0.43 |
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Drawdowns
MDT vs. CL - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, roughly equal to the maximum CL drawdown of -58.91%. Use the drawdown chart below to compare losses from any high point for MDT and CL.
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Drawdown Indicators
| MDT | CL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -58.91% | +1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -18.64% | -10.26% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -29.05% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -29.05% | -16.05% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -29.05% | -16.05% |
Current DrawdownCurrent decline from peak | -31.23% | -14.31% | -16.92% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -11.24% | -5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 11.35% | +0.17% |
Volatility
MDT vs. CL - Volatility Comparison
Medtronic plc (MDT) has a higher volatility of 9.32% compared to Colgate-Palmolive Company (CL) at 8.32%. This indicates that MDT's price experiences larger fluctuations and is considered to be riskier than CL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDT | CL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 8.32% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 17.28% | -1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 21.83% | -0.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 18.81% | +3.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.25% | 19.75% | +3.50% |
Dividends
MDT vs. CL - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.54%, more than CL's 2.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CL Colgate-Palmolive Company | 2.34% | 2.61% | 2.18% | 2.40% | 2.36% | 2.10% | 2.05% | 2.48% | 2.79% | 2.11% | 2.37% | 2.25% |
MDT Medtronic plc | 3.54% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Financials
MDT vs. CL - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc and Colgate-Palmolive 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
Frequently Asked Questions
MDT and CL have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (9.32%) compared to CL (8.32%). In terms of maximum drawdown, MDT dropped -57.63% vs CL's -58.91%.
CL currently has the higher Sharpe Ratio (-0.07 vs -0.31), 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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