MDXG vs. TNGX
MDXG (MiMedx Group, Inc.) and TNGX (Tango Therapeutics, Inc.) are both stocks. Both are in the Healthcare sector — MDXG in Medical Devices, TNGX in Biotechnology. Over the past 5 years, MDXG returned -19.56%/yr vs 22.08%/yr for TNGX. Their 0.22 correlation means their historical movements had little consistent relationship.
Performance
MDXG vs. TNGX - Performance Comparison
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Returns By Period
In the year-to-date period, MDXG achieves a -39.00% return, which is significantly lower than TNGX's 206.77% return.
MDXG
- 1D
- -3.28%
- 1M
- 4.56%
- 6M
- -19.18%
- YTD
- -39.00%
- 1Y
- -42.32%
- 3Y*
- -19.54%
- 5Y*
- -19.56%
- 10Y*
- -5.84%
- ALL TIME*
- 14.68%
TNGX
- 1D
- -1.41%
- 1M
- -7.74%
- 6M
- 134.11%
- YTD
- 206.77%
- 1Y
- 316.23%
- 3Y*
- 102.77%
- 5Y*
- 22.08%
- 10Y*
- —
- ALL TIME*
- 18.69%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $7.26M | $5.86M | $5.57M | |
| $60.56M | $71.36M | $111.26M |
MDXG vs. TNGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
MDXG MiMedx Group, Inc. | -39.00% | -29.63% | 9.69% | 215.47% | -53.97% | -33.48% | 35.52% |
TNGX Tango Therapeutics, Inc. | 206.77% | 186.73% | -68.79% | 36.55% | -33.73% | -4.37% | 15.79% |
Correlation
The correlation between MDXG and TNGX is 0.08, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.08 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2020 | 0.22 |
The correlation between MDXG and TNGX shifts across timeframes, from 0.08 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
MDXG:
$601.99M
TNGX:
$3.38B
MDXG:
$0.04
TNGX:
-$0.87
MDXG:
1.73
TNGX:
58.93
MDXG:
2.83
TNGX:
9.97
MDXG:
$355.17M
TNGX:
$56.99M
MDXG:
$280.05M
TNGX:
$55.33M
MDXG:
$22.16M
TNGX:
-$111.92M
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Return for Risk
MDXG vs. TNGX — Risk / Return Rank
MDXG
TNGX
MDXG vs. TNGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MiMedx Group, Inc. (MDXG) and Tango Therapeutics, Inc. (TNGX). 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.
| MDXG | TNGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.56 | ||
| Sortino ratioReturn per unit of downside risk | -5.54 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.50 | -0.68 |
| Calmar ratioReturn relative to maximum drawdown | -0.70 | 12.06 | -12.76 |
| Martin ratioReturn relative to average drawdown | -1.19 | 29.31 | -30.50 |
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Drawdowns
MDXG vs. TNGX - Drawdown Comparison
The maximum MDXG drawdown since its inception was -93.83%, roughly equal to the maximum TNGX drawdown of -93.64%. Use the drawdown chart below to compare losses from any high point for MDXG and TNGX.
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Drawdown Indicators
| MDXG | TNGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.83% | -93.64% | -0.19% |
Max Drawdown (1Y)Largest decline over 1 year | -61.24% | -29.24% | -32.00% |
Max Drawdown (3Y)Largest decline over 3 years | -68.36% | -91.46% | +23.10% |
Max Drawdown (5Y)Largest decline over 5 years | -83.39% | -93.64% | +10.25% |
Max Drawdown (10Y)Largest decline over 10 years | -93.60% | — | — |
Current DrawdownCurrent decline from peak | -77.00% | -17.39% | -59.61% |
Average DrawdownAverage peak-to-trough decline | -53.70% | -47.16% | -6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 35.92% | 12.01% | +23.91% |
Volatility
MDXG vs. TNGX - Volatility Comparison
The current volatility for MiMedx Group, Inc. (MDXG) is 10.70%, while Tango Therapeutics, Inc. (TNGX) has a volatility of 18.65%. This indicates that MDXG experiences smaller price fluctuations and is considered to be less risky than TNGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDXG | TNGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.70% | 18.65% | -7.95% |
Volatility (6M)Calculated over the trailing 6-month period | 30.96% | 74.78% | -43.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.60% | 100.91% | -59.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 61.44% | 102.52% | -41.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.88% | 95.56% | -21.68% |
Dividends
MDXG vs. TNGX - Dividend Comparison
Neither MDXG nor TNGX has paid dividends to shareholders.
Financials
MDXG vs. TNGX - Financials Comparison
This section allows you to compare key financial metrics between MiMedx Group, Inc. and Tango Therapeutics, 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
MDXG and TNGX have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TNGX has higher volatility (18.65%) compared to MDXG (10.70%). In terms of maximum drawdown, MDXG dropped -93.83% vs TNGX's -93.64%.
TNGX currently has the higher Sharpe Ratio (3.50 vs -1.06), 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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