MKTX vs. SEDG
MKTX (MarketAxess Holdings Inc.) and SEDG (SolarEdge Technologies, Inc.) are both stocks. MKTX operates in Capital Markets (Financial Services), while SEDG operates in Solar (Technology). Over the past 10 years, MKTX returned 1.02%/yr vs 9.39%/yr for SEDG. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
MKTX vs. SEDG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MKTX achieves a -9.56% return, which is significantly lower than SEDG's 42.81% return. Over the past 10 years, MKTX has underperformed SEDG with an annualized return of 1.02%, while SEDG has yielded a comparatively higher 9.39% annualized return.
MKTX
- 1D
- -0.28%
- 1M
- 39.28%
- 6M
- -3.14%
- YTD
- -9.56%
- 1Y
- -20.43%
- 3Y*
- -13.54%
- 5Y*
- -18.28%
- 10Y*
- 1.02%
- ALL TIME*
- 13.60%
SEDG
- 1D
- -1.34%
- 1M
- -21.34%
- 6M
- 33.12%
- YTD
- 42.81%
- 1Y
- 61.25%
- 3Y*
- -44.38%
- 5Y*
- -30.79%
- 10Y*
- 9.39%
- ALL TIME*
- 6.58%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $282.10M | $167.19M | $119.48M | |
| $98.51M | $106.56M | $188.12M |
MKTX vs. SEDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | -9.56% | -18.54% | -21.58% | 6.11% | -31.50% | -27.51% | 51.28% | 80.66% | 5.63% | 38.28% |
SEDG SolarEdge Technologies, Inc. | 42.81% | 112.13% | -85.47% | -66.96% | 0.96% | -12.08% | 235.60% | 170.91% | -6.52% | 202.82% |
Correlation
The correlation between MKTX and SEDG is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2015 | 0.16 |
The correlation between MKTX and SEDG shifts across timeframes, from -0.13 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MKTX:
$5.71B
SEDG:
$2.51B
MKTX:
$8.49
SEDG:
-$9.27
MKTX:
6.75
SEDG:
1.27
MKTX:
$869.77M
SEDG:
$1.28B
MKTX:
$598.39M
SEDG:
$232.34M
MKTX:
$445.37M
SEDG:
-$214.57M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MKTX vs. SEDG — Risk / Return Rank
MKTX
SEDG
MKTX vs. SEDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketAxess Holdings Inc. (MKTX) and SolarEdge Technologies, Inc. (SEDG). 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.
| MKTX | SEDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -2.18 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.18 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.42 | 1.21 | -1.63 |
| Martin ratioReturn relative to average drawdown | -0.81 | 2.82 | -3.63 |
Loading charts...
Drawdowns
MKTX vs. SEDG - Drawdown Comparison
The maximum MKTX drawdown since its inception was -80.60%, smaller than the maximum SEDG drawdown of -97.16%. Use the drawdown chart below to compare losses from any high point for MKTX and SEDG.
Loading charts...
Drawdown Indicators
| MKTX | SEDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.60% | -97.16% | +16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -46.94% | -50.27% | +3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -61.77% | -94.49% | +32.72% |
Max Drawdown (5Y)Largest decline over 5 years | -76.38% | -97.16% | +20.78% |
Max Drawdown (10Y)Largest decline over 10 years | -80.23% | -97.16% | +16.93% |
Current DrawdownCurrent decline from peak | -70.58% | -88.81% | +18.23% |
Average DrawdownAverage peak-to-trough decline | -29.03% | -43.68% | +14.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.16% | 21.51% | +2.65% |
Volatility
MKTX vs. SEDG - Volatility Comparison
MarketAxess Holdings Inc. (MKTX) has a higher volatility of 26.38% compared to SolarEdge Technologies, Inc. (SEDG) at 23.83%. This indicates that MKTX's price experiences larger fluctuations and is considered to be riskier than SEDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MKTX | SEDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.38% | 23.83% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 33.85% | 72.70% | -38.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.52% | 95.81% | -54.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.71% | 84.65% | -48.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.96% | 74.18% | -40.22% |
Dividends
MKTX vs. SEDG - Dividend Comparison
MKTX's dividend yield for the trailing twelve months is around 1.90%, while SEDG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 1.90% | 1.68% | 1.64% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% |
SEDG SolarEdge Technologies, 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% |
Financials
MKTX vs. SEDG - Financials Comparison
This section allows you to compare key financial metrics between MarketAxess Holdings Inc. and SolarEdge Technologies, 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
MKTX vs. SEDG - Profitability Comparison
MKTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported a gross profit of 141.44M and revenue of 218.42M. Therefore, the gross margin over that period was 64.8%.
SEDG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported a gross profit of 68.28M and revenue of 310.50M. Therefore, the gross margin over that period was 22.0%.
MKTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported an operating income of 89.88M and revenue of 218.42M, resulting in an operating margin of 41.2%.
SEDG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported an operating income of -55.04M and revenue of 310.50M, resulting in an operating margin of -17.7%.
MKTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported a net income of 68.55M and revenue of 218.42M, resulting in a net margin of 31.4%.
SEDG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported a net income of -57.37M and revenue of 310.50M, resulting in a net margin of -18.5%.
Frequently Asked Questions
MKTX and SEDG have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MKTX has higher volatility (26.38%) compared to SEDG (23.83%). In terms of maximum drawdown, MKTX dropped -80.60% vs SEDG's -97.16%.
SEDG currently has the higher Sharpe Ratio (0.64 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.
Find the right allocation for MKTX and SEDG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer