NDSN vs. IEX
Compare and contrast key facts about Nordson Corporation (NDSN) and IDEX Corporation (IEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NDSN or IEX.
Correlation
The correlation between NDSN and IEX is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NDSN vs. IEX - Performance Comparison
Key characteristics
NDSN:
-0.76
IEX:
-0.66
NDSN:
-0.92
IEX:
-0.79
NDSN:
0.88
IEX:
0.90
NDSN:
-0.64
IEX:
-0.69
NDSN:
-1.31
IEX:
-1.14
NDSN:
13.44%
IEX:
13.27%
NDSN:
23.34%
IEX:
22.98%
NDSN:
-73.62%
IEX:
-58.67%
NDSN:
-22.03%
IEX:
-20.49%
Fundamentals
NDSN:
$12.26B
IEX:
$14.62B
NDSN:
$7.87
IEX:
$6.64
NDSN:
27.37
IEX:
29.06
NDSN:
1.77
IEX:
1.80
NDSN:
$2.67B
IEX:
$3.27B
NDSN:
$1.47B
IEX:
$1.45B
NDSN:
$757.84M
IEX:
$806.10M
Returns By Period
In the year-to-date period, NDSN achieves a 3.35% return, which is significantly higher than IEX's -7.50% return. Over the past 10 years, NDSN has outperformed IEX with an annualized return of 11.79%, while IEX has yielded a comparatively lower 10.91% annualized return.
NDSN
3.35%
-1.81%
-15.73%
-20.48%
5.90%
11.79%
IEX
-7.50%
-12.28%
-4.74%
-16.85%
3.38%
10.91%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
NDSN vs. IEX — Risk-Adjusted Performance Rank
NDSN
IEX
NDSN vs. IEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nordson Corporation (NDSN) and IDEX Corporation (IEX). 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.
Dividends
NDSN vs. IEX - Dividend Comparison
NDSN's dividend yield for the trailing twelve months is around 1.04%, less than IEX's 1.43% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NDSN Nordson Corporation | 1.04% | 1.02% | 1.01% | 0.98% | 0.71% | 0.77% | 0.90% | 1.09% | 0.78% | 0.91% | 1.43% | 1.03% |
IEX IDEX Corporation | 1.43% | 1.29% | 1.16% | 1.02% | 0.90% | 1.00% | 1.12% | 1.31% | 1.10% | 1.49% | 1.62% | 1.37% |
Drawdowns
NDSN vs. IEX - Drawdown Comparison
The maximum NDSN drawdown since its inception was -73.62%, which is greater than IEX's maximum drawdown of -58.67%. Use the drawdown chart below to compare losses from any high point for NDSN and IEX. For additional features, visit the drawdowns tool.
Volatility
NDSN vs. IEX - Volatility Comparison
The current volatility for Nordson Corporation (NDSN) is 5.19%, while IDEX Corporation (IEX) has a volatility of 11.30%. This indicates that NDSN experiences smaller price fluctuations and is considered to be less risky than IEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
NDSN vs. IEX - Financials Comparison
This section allows you to compare key financial metrics between Nordson Corporation and IDEX Corporation. 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