MDT vs. SHEL
MDT (Medtronic plc) and SHEL (Shell plc) are both stocks. MDT operates in Medical Devices (Healthcare), while SHEL operates in Oil & Gas Integrated (Energy). Over the past 10 years, MDT returned 2.00%/yr vs 10.35%/yr for SHEL. At a 0.28 correlation, their price movements are largely independent.
Performance
MDT vs. SHEL - 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 SHEL's 18.73% return. Over the past 10 years, MDT has underperformed SHEL with an annualized return of 2.00%, while SHEL has yielded a comparatively higher 10.35% 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%
SHEL
- 1D
- -0.22%
- 1M
- 1.77%
- YTD
- 18.73%
- 6M
- 20.62%
- 1Y
- 24.51%
- 3Y*
- 18.27%
- 5Y*
- 22.23%
- 10Y*
- 10.35%
MDT vs. SHEL - 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% |
SHEL Shell plc | 18.73% | 22.16% | -0.87% | 20.19% | 36.18% | 34.27% | -41.08% | 6.38% | -7.23% | 21.67% |
Correlation
The correlation between MDT and SHEL 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 | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Jul 21, 2005 | 0.28 |
Over the past year, the correlation between MDT and SHEL has dropped to 0.01 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
MDT:
$103.31B
SHEL:
$244.29B
MDT:
$3.58
SHEL:
$6.39
MDT:
22.38
SHEL:
13.40
MDT:
2.02
SHEL:
0.67
MDT:
2.91
SHEL:
0.94
MDT:
$35.48B
SHEL:
$266.82B
MDT:
$5.78B
SHEL:
$41.65B
MDT:
$7.11B
SHEL:
$57.44B
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Return for Risk
MDT vs. SHEL — Risk / Return Rank
MDT
SHEL
MDT vs. SHEL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Medtronic plc (MDT) and Shell plc (SHEL). 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 | SHEL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.48 | ||
| Sortino ratioReturn per unit of downside risk | -1.98 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.21 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | -0.23 | 2.28 | -2.50 |
| Martin ratioReturn relative to average drawdown | -0.56 | 6.17 | -6.73 |
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Drawdowns
MDT vs. SHEL - Drawdown Comparison
The maximum MDT drawdown since its inception was -57.63%, smaller than the maximum SHEL drawdown of -71.57%. Use the drawdown chart below to compare losses from any high point for MDT and SHEL.
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Drawdown Indicators
| MDT | SHEL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.63% | -71.57% | +13.94% |
Max Drawdown (1Y)Largest decline over 1 year | -28.90% | -10.81% | -18.09% |
Max Drawdown (3Y)Largest decline over 3 years | -28.90% | -18.47% | -10.43% |
Max Drawdown (5Y)Largest decline over 5 years | -45.10% | -25.04% | -20.06% |
Max Drawdown (10Y)Largest decline over 10 years | -45.10% | -71.57% | +26.47% |
Current DrawdownCurrent decline from peak | -31.23% | -8.19% | -23.04% |
Average DrawdownAverage peak-to-trough decline | -16.55% | -16.73% | +0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.52% | 3.99% | +7.53% |
Volatility
MDT vs. SHEL - Volatility Comparison
Medtronic plc (MDT) has a higher volatility of 9.32% compared to Shell plc (SHEL) at 5.99%. This indicates that MDT's price experiences larger fluctuations and is considered to be riskier than SHEL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDT | SHEL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 5.99% | +3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 17.43% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.07% | 20.98% | +0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.93% | 25.21% | -3.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.25% | 30.83% | -7.58% |
Dividends
MDT vs. SHEL - Dividend Comparison
MDT's dividend yield for the trailing twelve months is around 3.54%, more than SHEL's 3.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHEL Shell plc | 3.45% | 3.90% | 4.39% | 3.76% | 3.48% | 3.78% | 5.69% | 6.27% | 6.27% | 2.75% | 6.49% | 8.17% |
Financials
MDT vs. SHEL - Financials Comparison
This section allows you to compare key financial metrics between Medtronic plc and Shell plc. 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 SHEL 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.
MDT has higher volatility (9.32%) compared to SHEL (5.99%). In terms of maximum drawdown, MDT dropped -57.63% vs SHEL's -71.57%.
SHEL currently has the higher Sharpe Ratio (1.17 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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