MOD vs. CLS
MOD (Modine Manufacturing Company) and CLS (Celestica Inc.) are both stocks. MOD operates in Auto Parts (Consumer Cyclical), while CLS operates in Electronic Components (Technology). Over the past 10 years, MOD returned 41.70%/yr vs 44.15%/yr for CLS. At a 0.39 correlation, their price movements are largely independent.
Performance
MOD vs. CLS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MOD achieves a 121.39% return, which is significantly higher than CLS's 27.48% return. Over the past 10 years, MOD has underperformed CLS with an annualized return of 41.70%, while CLS has yielded a comparatively higher 44.15% annualized return.
MOD
- 1D
- -0.60%
- 1M
- 13.46%
- YTD
- 121.39%
- 6M
- 115.70%
- 1Y
- 205.60%
- 3Y*
- 110.74%
- 5Y*
- 78.70%
- 10Y*
- 41.70%
CLS
- 1D
- 1.15%
- 1M
- 2.58%
- YTD
- 27.48%
- 6M
- 22.81%
- 1Y
- 178.67%
- 3Y*
- 198.00%
- 5Y*
- 117.18%
- 10Y*
- 44.15%
MOD vs. CLS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MOD Modine Manufacturing Company | 121.39% | 15.16% | 94.19% | 200.60% | 96.83% | -19.67% | 63.12% | -28.77% | -46.49% | 35.57% |
CLS Celestica Inc. | 27.48% | 220.27% | 215.23% | 159.80% | 1.26% | 37.92% | -2.42% | -5.70% | -16.32% | -11.56% |
Correlation
The correlation between MOD and CLS is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 1998 | 0.39 |
The correlation between MOD and CLS shifts across timeframes, from 0.39 (all time) to 0.50 (3 years), reflecting how their relationship changes across market environments.
Fundamentals
MOD:
$15.96B
CLS:
$43.60B
MOD:
$4.66
CLS:
$8.28
MOD:
63.42
CLS:
45.49
MOD:
4.09
CLS:
0.61
MOD:
4.98
CLS:
3.16
MOD:
13.27
CLS:
20.78
MOD:
$3.18B
CLS:
$13.81B
MOD:
$731.10M
CLS:
$1.60B
MOD:
$276.90M
CLS:
$1.32B
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
MOD vs. CLS — Risk / Return Rank
MOD
CLS
MOD vs. CLS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Modine Manufacturing Company (MOD) and Celestica Inc. (CLS). 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.
| MOD | CLS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.35 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 7.51 | 6.15 | +1.36 |
| Martin ratioReturn relative to average drawdown | 21.36 | 14.62 | +6.74 |
Loading charts...
Drawdowns
MOD vs. CLS - Drawdown Comparison
The maximum MOD drawdown since its inception was -97.53%, roughly equal to the maximum CLS drawdown of -96.93%. Use the drawdown chart below to compare losses from any high point for MOD and CLS.
Loading charts...
Drawdown Indicators
| MOD | CLS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.53% | -96.93% | -0.60% |
Max Drawdown (1Y)Largest decline over 1 year | -27.55% | -29.24% | +1.69% |
Max Drawdown (3Y)Largest decline over 3 years | -51.61% | -53.96% | +2.35% |
Max Drawdown (5Y)Largest decline over 5 years | -56.14% | -53.96% | -2.18% |
Max Drawdown (10Y)Largest decline over 10 years | -88.13% | -80.60% | -7.53% |
Current DrawdownCurrent decline from peak | -3.69% | -20.23% | +16.54% |
Average DrawdownAverage peak-to-trough decline | -37.64% | -73.28% | +35.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.67% | 12.28% | -2.61% |
Volatility
MOD vs. CLS - Volatility Comparison
The current volatility for Modine Manufacturing Company (MOD) is 22.35%, while Celestica Inc. (CLS) has a volatility of 26.96%. This indicates that MOD experiences smaller price fluctuations and is considered to be less risky than CLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MOD | CLS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.35% | 26.96% | -4.61% |
Volatility (6M)Calculated over the trailing 6-month period | 49.36% | 53.59% | -4.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 66.95% | 72.82% | -5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.40% | 57.76% | +2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.87% | 50.03% | +8.84% |
Dividends
MOD vs. CLS - Dividend Comparison
Neither MOD nor CLS has paid dividends to shareholders.
Financials
MOD vs. CLS - Financials Comparison
This section allows you to compare key financial metrics between Modine Manufacturing Company and Celestica 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
MOD vs. CLS - Profitability Comparison
MOD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a gross profit of 214.70M and revenue of 954.40M. Therefore, the gross margin over that period was 22.5%.
CLS - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a gross profit of 437.20M and revenue of 4.05B. Therefore, the gross margin over that period was 10.8%.
MOD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported an operating income of 96.40M and revenue of 954.40M, resulting in an operating margin of 10.1%.
CLS - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported an operating income of 272.10M and revenue of 4.05B, resulting in an operating margin of 6.7%.
MOD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Modine Manufacturing Company reported a net income of 201.50M and revenue of 954.40M, resulting in a net margin of 21.1%.
CLS - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Celestica Inc. reported a net income of 212.30M and revenue of 4.05B, resulting in a net margin of 5.3%.
Frequently Asked Questions
MOD and CLS have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLS has higher volatility (26.96%) compared to MOD (22.35%). In terms of maximum drawdown, MOD dropped -97.53% vs CLS's -96.93%.
MOD currently has the higher Sharpe Ratio (3.10 vs 2.47), 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 MOD and CLS
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