MLSS vs. BWEN

Last updated Jul 14, 2026

MLSS (Milestone Scientific Inc.) and BWEN (Broadwind, Inc.) are both stocks. MLSS operates in Medical Instruments & Supplies (Healthcare), while BWEN operates in Specialty Industrial Machinery (Industrials). Over the past 10 years, MLSS returned -17.80%/yr vs -0.99%/yr for BWEN. At a 0.06 correlation, their price movements are largely independent.

Performance

MLSS vs. BWEN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Milestone Scientific Inc. (MLSS) and Broadwind, Inc. (BWEN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLSS achieves a 44.51% return, which is significantly lower than BWEN's 51.94% return. Over the past 10 years, MLSS has underperformed BWEN with an annualized return of -17.80%, while BWEN has yielded a comparatively higher -0.99% annualized return.

MLSS

• 1D: 3.30%
• 1M: 12.71%
• 6M: 34.50%
• YTD: 44.51%
• 1Y: -40.80%
• 3Y*: -29.59%
• 5Y*: -26.67%
• 10Y*: -17.80%

BWEN

• 1D: -2.71%
• 1M: 2.87%
• 6M: 9.28%
• YTD: 51.94%
• 1Y: 128.72%
• 3Y*: 3.04%
• 5Y*: 0.05%
• 10Y*: -0.99%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLSS vs. BWEN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLSS Milestone Scientific Inc.	44.51%	-71.56%	39.15%	43.73%	-76.70%	-2.83%	52.52%	319.18%	-71.92%	-15.64%
BWEN Broadwind, Inc.	51.94%	50.53%	-32.13%	54.75%	-4.79%	-76.29%	377.71%	27.69%	-52.21%	-32.76%

Correlation

The correlation between MLSS and BWEN is 0.06, 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	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.15
Correlation (10Y) Calculated over the trailing 10-year period	0.11
Correlation (All Time) Calculated using the full available price history since Mar 29, 2004	0.06

Fundamentals

Market Cap MLSS : $34.89M BWEN : $100.64M
EPS MLSS : -$0.08 BWEN : $0.22
PS Ratio MLSS : 3.64 BWEN : 0.64
Total Revenue (TTM) MLSS : $8.93M BWEN : $155.27M
Gross Profit (TTM) MLSS : $6.40M BWEN : $16.34M
EBITDA (TTM) MLSS : -$6.49M BWEN : $13.47M

Return for Risk

MLSS vs. BWEN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLSS

MLSS Risk / Return Rank: 25
MLSS Sharpe Ratio Rank: 24
MLSS Sortino Ratio Rank: 28
MLSS Omega Ratio Rank: 28
MLSS Calmar Ratio Rank: 20
MLSS Martin Ratio Rank: 26

BWEN

BWEN Risk / Return Rank: 82
BWEN Sharpe Ratio Rank: 72
BWEN Sortino Ratio Rank: 87
BWEN Omega Ratio Rank: 87
BWEN Calmar Ratio Rank: 84
BWEN Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLSS vs. BWEN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Milestone Scientific Inc. (MLSS) and Broadwind, Inc. (BWEN). 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.

	MLSS	BWEN	Difference
Sharpe ratio: Return per unit of total volatility	-0.46	0.85	-1.31
Sortino ratio: Return per unit of downside risk	-0.25	2.51	-2.76
Omega ratio: Gain probability vs. loss probability	0.97	1.33	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.65	2.55	-3.20
Martin ratio: Return relative to average drawdown	-0.91	4.87	-5.79

MLSS vs. BWEN - Sharpe Ratio Comparison

The current MLSS Sharpe Ratio is -0.46, which is lower than the BWEN Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of MLSS and BWEN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MLSS vs. BWEN - Drawdown Comparison

The maximum MLSS drawdown since its inception was -99.77%, roughly equal to the maximum BWEN drawdown of -99.58%. Use the drawdown chart below to compare losses from any high point for MLSS and BWEN.

Drawdown Indicators

	MLSS	BWEN	Difference
Max Drawdown Largest peak-to-trough decline	-99.77%	-99.58%	-0.19%
Max Drawdown (1Y) Largest decline over 1 year	-62.76%	-50.75%	-12.01%
Max Drawdown (3Y) Largest decline over 3 years	-81.47%	-69.28%	-12.19%
Max Drawdown (5Y) Largest decline over 5 years	-90.91%	-76.18%	-14.73%
Max Drawdown (10Y) Largest decline over 10 years	-94.72%	-87.79%	-6.93%
Current Drawdown Current decline from peak	-99.54%	-98.50%	-1.04%
Average Drawdown Average peak-to-trough decline	-91.21%	-81.23%	-9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	45.09%	26.51%	+18.58%

Volatility

MLSS vs. BWEN - Volatility Comparison

The current volatility for Milestone Scientific Inc. (MLSS) is 25.67%, while Broadwind, Inc. (BWEN) has a volatility of 29.45%. This indicates that MLSS experiences smaller price fluctuations and is considered to be less risky than BWEN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLSS	BWEN	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.67%	29.45%	-3.78%
Volatility (6M) Calculated over the trailing 6-month period	61.81%	110.88%	-49.07%
Volatility (1Y) Calculated over the trailing 1-year period	88.56%	153.44%	-64.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	84.92%	106.43%	-21.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	87.56%	92.70%	-5.14%

Dividends

MLSS vs. BWEN - Dividend Comparison

Neither MLSS nor BWEN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both MLSS and BWEN in my portfolio?

MLSS and BWEN have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLSS or BWEN?

BWEN has higher volatility (29.45%) compared to MLSS (25.67%). In terms of maximum drawdown, MLSS dropped -99.77% vs BWEN's -99.58%.

Which has better risk-adjusted returns?

BWEN currently has the higher Sharpe Ratio (0.85 vs -0.46), 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.