MDT vs. DUK
MDT (Medtronic plc) and DUK (Duke Energy Corporation) are both stocks. MDT operates in Medical Devices (Healthcare), while DUK operates in Utilities - Regulated Electric (Utilities). Over the past 10 years, MDT returned 2.24%/yr vs 8.17%/yr for DUK. At a 0.23 correlation, their price movements are largely independent.
Performance
MDT vs. DUK - Performance Comparison
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Returns By Period
In the year-to-date period, MDT achieves a -11.80% return, which is significantly lower than DUK's 9.53% return. Over the past 10 years, MDT has underperformed DUK with an annualized return of 2.24%, while DUK has yielded a comparatively higher 8.17% annualized return.
MDT
- 1D
- 0.11%
- 1M
- 5.93%
- 6M
- -12.44%
- YTD
- -11.80%
- 1Y
- -4.03%
- 3Y*
- 1.10%
- 5Y*
- -5.17%
- 10Y*
- 2.24%
- ALL TIME*
- 13.23%
DUK
- 1D
- 0.67%
- 1M
- 1.61%
- 6M
- 7.69%
- YTD
- 9.53%
- 1Y
- 10.30%
- 3Y*
- 14.33%
- 5Y*
- 8.22%
- 10Y*
- 8.17%
- ALL TIME*
- 10.49%
MDT vs. DUK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | -11.80% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
DUK Duke Energy Corporation | 9.53% | 12.72% | 15.56% | -1.63% | 2.03% | 19.11% | 4.77% | 10.29% | 7.41% | 12.96% |
Correlation
The correlation between MDT and DUK is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 6, 1983 | 0.23 |
The correlation between MDT and DUK shifts across timeframes, from 0.22 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDT:
$106.62B
DUK:
$98.11B
MDT:
$3.73
DUK:
$6.61
MDT:
22.34
DUK:
19.05
MDT:
11.61
DUK:
1.49
MDT:
2.95
DUK:
2.94
MDT:
2.17
DUK:
1.83
MDT:
$36.36B
DUK:
$33.29B
MDT:
$23.64B
DUK:
$19.45B
MDT:
$9.72B
DUK:
$15.91B
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Return for Risk
MDT vs. DUK — Risk / Return Rank
MDT
DUK
MDT vs. DUK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) and Duke Energy Corporation (DUK). 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 | DUK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.84 | ||
| Sortino ratioReturn per unit of downside risk | -1.11 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.12 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.14 | 0.95 | -1.09 |
| Martin ratioReturn relative to average drawdown | -0.30 | 2.16 | -2.47 |
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Drawdowns
MDT vs. DUK - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum DUK drawdown of -71.92%. Use the drawdown chart below to compare losses from any high point for MDT and DUK.
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Drawdown Indicators
| MDT | DUK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -71.92% | +14.29% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -10.88% | -18.02% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -11.59% | -17.31% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -24.16% | -20.94% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -37.37% | -7.73% |
Current DrawdownCurrent decline from peak | -27.93% | -4.62% | -23.31% |
Average DrawdownAverage peak-to-trough decline | -16.57% | -10.84% | -5.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.24% | 4.77% | +8.47% |
Volatility
MDT vs. DUK - Volatility Comparison
Medtronic plc (MDT) has a higher volatility of 10.04% compared to Duke Energy Corporation (DUK) at 6.19%. This indicates that MDT's price experiences larger fluctuations and is considered to be riskier than DUK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDT | DUK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.04% | 6.19% | +3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 18.91% | 12.24% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.34% | 15.65% | +7.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.34% | 17.93% | +4.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.45% | 20.45% | +3.00% |
Dividends
MDT vs. DUK - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.42%, less than DUK's 3.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DUK Duke Energy Corporation | 3.66% | 3.60% | 3.84% | 4.18% | 3.86% | 3.72% | 4.17% | 4.11% | 4.21% | 4.15% | 4.33% | 4.54% |
MDT Medtronic plc | 3.42% | 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. DUK - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc and Duke Energy Corporation. 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
MDT vs. DUK - Profitability Comparison
MDT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Medtronic plc reported a gross profit of 7.44B and revenue of 9.81B. Therefore, the gross margin over that period was 75.9%.
DUK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Duke Energy Corporation reported a gross profit of 6.23B and revenue of 9.18B. Therefore, the gross margin over that period was 67.9%.
MDT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Medtronic plc reported an operating income of 1.56B and revenue of 9.81B, resulting in an operating margin of 16.0%.
DUK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Duke Energy Corporation reported an operating income of 2.73B and revenue of 9.18B, resulting in an operating margin of 29.7%.
MDT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Medtronic plc reported a net income of 1.24B and revenue of 9.81B, resulting in a net margin of 12.7%.
DUK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Duke Energy Corporation reported a net income of 1.55B and revenue of 9.18B, resulting in a net margin of 16.9%.
Frequently Asked Questions
MDT and DUK have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.04%) compared to DUK (6.19%). In terms of maximum drawdown, MDT dropped -57.63% vs DUK's -71.92%.
DUK currently has the higher Sharpe Ratio (0.66 vs -0.17), 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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