MTD vs. NIO
MTD (Mettler-Toledo International Inc.) and NIO (NIO Inc.) are both stocks. MTD operates in Diagnostics & Research (Healthcare), while NIO operates in Auto Manufacturers (Consumer Cyclical). Over the past 5 years, MTD returned -3.12%/yr vs -35.22%/yr for NIO. At a 0.26 correlation, their price movements are largely independent.
Performance
MTD vs. NIO - 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 NIO's 2.16% 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%
NIO
- 1D
- -0.38%
- 1M
- -14.59%
- YTD
- 2.16%
- 6M
- 3.58%
- 1Y
- 48.43%
- 3Y*
- -16.32%
- 5Y*
- -35.22%
- 10Y*
- —
MTD vs. NIO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International Inc. | -18.84% | 13.93% | 0.88% | -16.08% | -14.83% | 48.92% | 43.67% | 40.26% | -4.55% |
NIO NIO Inc. | 2.16% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
Correlation
The correlation between MTD and NIO 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 | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.26 |
Over the past year, the correlation between MTD and NIO has dropped to 0.04 - well below their long-term average of 0.26, suggesting their price drivers have been diverging.
Fundamentals
MTD:
$22.95B
NIO:
$12.93B
MTD:
$42.68
NIO:
-CN¥3.74
MTD:
5.67
NIO:
0.85
MTD:
6.26
NIO:
20.18
MTD:
$4.09B
NIO:
CN¥100.51B
MTD:
$2.36B
NIO:
CN¥15.77B
MTD:
$1.24B
NIO:
-CN¥7.54B
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Return for Risk
MTD vs. NIO — Risk / Return Rank
MTD
NIO
MTD vs. NIO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and NIO Inc. (NIO). 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 | NIO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.85 | ||
| Sortino ratioReturn per unit of downside risk | -1.42 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.16 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 1.01 | -1.16 |
| Martin ratioReturn relative to average drawdown | -0.42 | 1.78 | -2.20 |
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Drawdowns
MTD vs. NIO - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum NIO drawdown of -95.00%. Use the drawdown chart below to compare losses from any high point for MTD and NIO.
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Drawdown Indicators
| MTD | NIO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.43% | -95.00% | +33.57% |
Max Drawdown (1Y)Largest decline over 1 year | -31.90% | -43.73% | +11.83% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -79.69% | +43.08% |
Max Drawdown (5Y)Largest decline over 5 years | -43.47% | -94.10% | +50.63% |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | — | — |
Current DrawdownCurrent decline from peak | -33.54% | -91.71% | +58.17% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -67.90% | +54.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.48% | 24.74% | -13.26% |
Volatility
MTD vs. NIO - Volatility Comparison
The current volatility for Mettler-Toledo International Inc. (MTD) is 9.92%, while NIO Inc. (NIO) has a volatility of 17.58%. This indicates that MTD experiences smaller price fluctuations and is considered to be less risky than NIO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTD | NIO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 17.58% | -7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 26.16% | 41.08% | -14.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 62.74% | -30.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.15% | 71.62% | -39.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.78% | 86.66% | -56.88% |
Dividends
MTD vs. NIO - Dividend Comparison
Neither MTD nor NIO has paid dividends to shareholders.
Financials
MTD vs. NIO - Financials Comparison
This section allows you to compare key financial metrics between Mettler-Toledo International Inc. and NIO 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
MTD vs. NIO - 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%.
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
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%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
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%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
Frequently Asked Questions
MTD and NIO 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.
NIO has higher volatility (17.58%) compared to MTD (9.92%). In terms of maximum drawdown, MTD dropped -61.43% vs NIO's -95.00%.
NIO currently has the higher Sharpe Ratio (0.70 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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