MDU vs. INO
MDU (MDU Resources Group, Inc.) and INO (Inovio Pharmaceuticals, Inc.) are both stocks. MDU operates in Building Materials (Basic Materials), while INO operates in Biotechnology (Healthcare). Over the past 10 years, MDU returned 12.46%/yr vs -36.74%/yr for INO. At a 0.11 correlation, their price movements are largely independent.
Performance
MDU vs. INO - Performance Comparison
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Returns By Period
In the year-to-date period, MDU achieves a 12.09% return, which is significantly higher than INO's -35.06% return. Over the past 10 years, MDU has outperformed INO with an annualized return of 12.46%, while INO has yielded a comparatively lower -36.74% annualized return.
MDU
- 1D
- 1.84%
- 1M
- -1.92%
- YTD
- 12.09%
- 6M
- 11.92%
- 1Y
- 34.62%
- 3Y*
- 28.45%
- 5Y*
- 15.77%
- 10Y*
- 12.46%
INO
- 1D
- 1.80%
- 1M
- -16.30%
- YTD
- -35.06%
- 6M
- -47.44%
- 1Y
- -41.45%
- 3Y*
- -39.87%
- 5Y*
- -59.73%
- 10Y*
- -36.74%
MDU vs. INO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDU MDU Resources Group, Inc. | 12.09% | 11.77% | 68.01% | -1.94% | 1.46% | 20.37% | -8.31% | 28.44% | -8.64% | -3.87% |
INO Inovio Pharmaceuticals, Inc. | -35.06% | -4.92% | -70.10% | -67.31% | -68.74% | -43.62% | 168.18% | -17.50% | -3.15% | -40.49% |
Correlation
The correlation between MDU and INO 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 | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Dec 8, 1998 | 0.11 |
The correlation between MDU and INO shifts across timeframes, from -0.01 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDU:
$4.47B
INO:
$780.85M
MDU:
$0.92
INO:
-$63.15
MDU:
1.54
INO:
0.13
MDU:
$1.81B
INO:
$0.00
MDU:
$848.35M
INO:
-$1.50M
MDU:
$528.72M
INO:
-$22.01B
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Return for Risk
MDU vs. INO — Risk / Return Rank
MDU
INO
MDU vs. INO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MDU Resources Group, Inc. (MDU) and Inovio Pharmaceuticals, Inc. (INO). 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.
| MDU | INO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +2.29 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.98 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.58 | -0.66 | +4.24 |
| Martin ratioReturn relative to average drawdown | 7.55 | -1.05 | +8.60 |
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Drawdowns
MDU vs. INO - Drawdown Comparison
The maximum MDU drawdown since its inception was -62.17%, smaller than the maximum INO drawdown of -99.95%. Use the drawdown chart below to compare losses from any high point for MDU and INO.
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Drawdown Indicators
| MDU | INO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.17% | -99.95% | +37.78% |
Max Drawdown (1Y)Largest decline over 1 year | -9.70% | -63.41% | +53.71% |
Max Drawdown (3Y)Largest decline over 3 years | -21.48% | -92.44% | +70.96% |
Max Drawdown (5Y)Largest decline over 5 years | -22.69% | -99.10% | +76.41% |
Max Drawdown (10Y)Largest decline over 10 years | -51.41% | -99.72% | +48.31% |
Current DrawdownCurrent decline from peak | -4.68% | -99.95% | +95.27% |
Average DrawdownAverage peak-to-trough decline | -14.32% | -92.36% | +78.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 39.46% | -34.86% |
Volatility
MDU vs. INO - Volatility Comparison
The current volatility for MDU Resources Group, Inc. (MDU) is 5.78%, while Inovio Pharmaceuticals, Inc. (INO) has a volatility of 14.67%. This indicates that MDU experiences smaller price fluctuations and is considered to be less risky than INO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDU | INO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.78% | 14.67% | -8.89% |
Volatility (6M)Calculated over the trailing 6-month period | 14.31% | 63.65% | -49.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.67% | 87.82% | -66.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.00% | 85.68% | -62.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.12% | 93.31% | -66.19% |
Dividends
MDU vs. INO - Dividend Comparison
MDU's dividend yield for the trailing twelve months is around 2.59%, while INO has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INO Inovio Pharmaceuticals, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MDU MDU Resources Group, Inc. | 2.59% | 2.77% | 1.89% | 3.16% | 2.88% | 2.77% | 3.17% | 2.74% | 3.33% | 2.88% | 2.62% | 4.01% |
Financials
MDU vs. INO - Financials Comparison
This section allows you to compare key financial metrics between MDU Resources Group, Inc. and Inovio Pharmaceuticals, 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
Frequently Asked Questions
MDU and INO 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.
INO has higher volatility (14.67%) compared to MDU (5.78%). In terms of maximum drawdown, MDU dropped -62.17% vs INO's -99.95%.
MDU currently has the higher Sharpe Ratio (1.62 vs -0.47), 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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