MTD vs. COP
MTD (Mettler-Toledo International Inc.) and COP (ConocoPhillips Company) are both stocks. MTD operates in Diagnostics & Research (Healthcare), while COP operates in Oil & Gas E&P (Energy). Over the past 10 years, MTD returned 11.73%/yr vs 13.66%/yr for COP. At a 0.26 correlation, their price movements are largely independent.
Performance
MTD vs. COP - Performance Comparison
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Returns By Period
In the year-to-date period, MTD achieves a -18.84% return, which is significantly lower than COP's 26.87% return. Over the past 10 years, MTD has underperformed COP with an annualized return of 11.73%, while COP has yielded a comparatively higher 13.66% annualized return.
MTD
- 1D
- -0.86%
- 1M
- 9.68%
- YTD
- -18.84%
- 6M
- -18.81%
- 1Y
- -2.07%
- 3Y*
- -4.98%
- 5Y*
- -3.12%
- 10Y*
- 11.73%
COP
- 1D
- 1.40%
- 1M
- -4.44%
- YTD
- 26.87%
- 6M
- 24.31%
- 1Y
- 24.65%
- 3Y*
- 7.68%
- 5Y*
- 18.49%
- 10Y*
- 13.66%
MTD vs. COP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International Inc. | -18.84% | 13.93% | 0.88% | -16.08% | -14.83% | 48.92% | 43.67% | 40.26% | -8.71% | 48.01% |
COP ConocoPhillips Company | 26.87% | -2.34% | -12.02% | 1.98% | 71.69% | 86.60% | -36.04% | 6.63% | 15.63% | 11.95% |
Correlation
The correlation between MTD and COP is -0.04, 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 | -0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.20 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 1997 | 0.26 |
The correlation between MTD and COP shifts across timeframes, from -0.04 (1 year) to 0.26 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MTD:
$22.95B
COP:
$143.30B
MTD:
$42.68
COP:
$5.90
MTD:
26.51
COP:
19.83
MTD:
4.07
COP:
1.15
MTD:
5.67
COP:
2.49
MTD:
6.26
COP:
2.22
MTD:
$4.09B
COP:
$58.31B
MTD:
$2.36B
COP:
$17.02B
MTD:
$1.24B
COP:
$22.44B
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Return for Risk
MTD vs. COP — Risk / Return Rank
MTD
COP
MTD vs. COP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and ConocoPhillips Company (COP). 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.
| MTD | COP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.10 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.17 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.86 | -2.01 |
| Martin ratioReturn relative to average drawdown | -0.42 | 4.08 | -4.49 |
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Drawdowns
MTD vs. COP - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum COP drawdown of -84.55%. Use the drawdown chart below to compare losses from any high point for MTD and COP.
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Drawdown Indicators
| MTD | COP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.43% | -84.55% | +23.12% |
Max Drawdown (1Y)Largest decline over 1 year | -31.90% | -14.90% | -17.00% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -36.19% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -43.47% | -36.19% | -7.28% |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | -70.66% | +27.19% |
Current DrawdownCurrent decline from peak | -33.54% | -11.92% | -21.62% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -25.49% | +11.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.48% | 6.80% | +4.68% |
Volatility
MTD vs. COP - Volatility Comparison
Mettler-Toledo International Inc. (MTD) has a higher volatility of 9.92% compared to ConocoPhillips Company (COP) at 8.72%. This indicates that MTD's price experiences larger fluctuations and is considered to be riskier than COP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTD | COP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 8.72% | +1.20% |
Volatility (6M)Calculated over the trailing 6-month period | 26.16% | 23.05% | +3.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 29.33% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.15% | 32.80% | -0.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.78% | 37.64% | -7.86% |
Dividends
MTD vs. COP - Dividend Comparison
MTD has not paid dividends to shareholders, while COP's dividend yield for the trailing twelve months is around 2.82%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COP ConocoPhillips Company | 2.82% | 3.40% | 3.35% | 3.37% | 4.23% | 2.70% | 4.23% | 2.05% | 1.86% | 1.93% | 1.99% | 6.30% |
MTD Mettler-Toledo International 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
MTD vs. COP - Financials Comparison
This section allows you to compare key financial metrics between Mettler-Toledo International Inc. and ConocoPhillips Company. 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
MTD vs. COP - Profitability Comparison
MTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a gross profit of 555.82M and revenue of 947.13M. Therefore, the gross margin over that period was 58.7%.
COP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a gross profit of 7.50B and revenue of 16.05B. Therefore, the gross margin over that period was 46.7%.
MTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported an operating income of 246.22M and revenue of 947.13M, resulting in an operating margin of 26.0%.
COP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported an operating income of 3.36B and revenue of 16.05B, resulting in an operating margin of 21.0%.
MTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a net income of 169.45M and revenue of 947.13M, resulting in a net margin of 17.9%.
COP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ConocoPhillips Company reported a net income of 2.18B and revenue of 16.05B, resulting in a net margin of 13.6%.
Frequently Asked Questions
MTD and COP have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MTD has higher volatility (9.92%) compared to COP (8.72%). In terms of maximum drawdown, MTD dropped -61.43% vs COP's -84.55%.
COP currently has the higher Sharpe Ratio (0.95 vs -0.15), 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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