NOMD vs. FMX
NOMD (Nomad Foods Limited) and FMX (Fomento Económico Mexicano, S.A.B. de C.V.) are both stocks. Both are in the Consumer Defensive sector — NOMD in Packaged Foods, FMX in Beverages - Brewers. Over the past 10 years, NOMD returned 2.35%/yr vs 6.91%/yr for FMX. At a 0.19 correlation, their price movements are largely independent.
Performance
NOMD vs. FMX - Performance Comparison
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Returns By Period
In the year-to-date period, NOMD achieves a -15.79% return, which is significantly lower than FMX's 32.20% return. Over the past 10 years, NOMD has underperformed FMX with an annualized return of 2.35%, while FMX has yielded a comparatively higher 6.91% annualized return.
NOMD
- 1D
- 3.34%
- 1M
- -0.58%
- YTD
- -15.79%
- 6M
- -16.39%
- 1Y
- -37.66%
- 3Y*
- -13.37%
- 5Y*
- -16.54%
- 10Y*
- 2.35%
FMX
- 1D
- 1.56%
- 1M
- 4.81%
- YTD
- 32.20%
- 6M
- 30.68%
- 1Y
- 38.43%
- 3Y*
- 11.85%
- 5Y*
- 13.26%
- 10Y*
- 6.91%
NOMD vs. FMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOMD Nomad Foods Limited | -15.79% | -22.15% | 2.39% | -1.68% | -32.10% | -0.12% | 13.63% | 33.79% | -1.12% | 76.70% |
FMX Fomento Económico Mexicano, S.A.B. de C.V. | 32.20% | 29.05% | -32.57% | 70.14% | 2.91% | 4.05% | -17.78% | 11.64% | -6.85% | 25.12% |
Correlation
The correlation between NOMD and FMX is 0.00, 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 | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.19 |
The correlation between NOMD and FMX shifts across timeframes, from 0.00 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NOMD:
$1.45B
FMX:
$4.33B
NOMD:
€0.91
FMX:
$420.44
NOMD:
9.88
FMX:
0.30
NOMD:
15.95
FMX:
1.56
NOMD:
0.44
FMX:
0.01
NOMD:
0.51
FMX:
0.37
NOMD:
€3.00B
FMX:
$657.73B
NOMD:
€798.02M
FMX:
$267.76B
NOMD:
€343.69M
FMX:
$56.36B
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Return for Risk
NOMD vs. FMX — Risk / Return Rank
NOMD
FMX
NOMD vs. FMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nomad Foods Limited (NOMD) and Fomento Económico Mexicano, S.A.B. de C.V. (FMX). 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.
| NOMD | FMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.76 | ||
| Sortino ratioReturn per unit of downside risk | -4.01 | ||
| Omega ratioGain probability vs. loss probability | 0.78 | 1.27 | -0.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.80 | 1.97 | -2.77 |
| Martin ratioReturn relative to average drawdown | -1.17 | 5.21 | -6.38 |
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Drawdowns
NOMD vs. FMX - Drawdown Comparison
The maximum NOMD drawdown since its inception was -67.99%, which is greater than FMX's maximum drawdown of -61.02%. Use the drawdown chart below to compare losses from any high point for NOMD and FMX.
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Drawdown Indicators
| NOMD | FMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.99% | -61.02% | -6.97% |
Max Drawdown (1Y)Largest decline over 1 year | -47.12% | -19.62% | -27.50% |
Max Drawdown (3Y)Largest decline over 3 years | -52.77% | -41.26% | -11.51% |
Max Drawdown (5Y)Largest decline over 5 years | -64.82% | -41.26% | -23.56% |
Max Drawdown (10Y)Largest decline over 10 years | -67.99% | -45.45% | -22.54% |
Current DrawdownCurrent decline from peak | -64.04% | -1.75% | -62.29% |
Average DrawdownAverage peak-to-trough decline | -25.42% | -18.73% | -6.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.31% | 7.39% | +24.92% |
Volatility
NOMD vs. FMX - Volatility Comparison
Nomad Foods Limited (NOMD) has a higher volatility of 7.03% compared to Fomento Económico Mexicano, S.A.B. de C.V. (FMX) at 6.39%. This indicates that NOMD's price experiences larger fluctuations and is considered to be riskier than FMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NOMD | FMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.03% | 6.39% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 24.77% | 16.06% | +8.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 31.48% | 24.81% | +6.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.28% | 25.29% | +3.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.52% | 26.82% | +1.70% |
Dividends
NOMD vs. FMX - Dividend Comparison
NOMD's dividend yield for the trailing twelve months is around 6.66%, less than FMX's 7.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMX Fomento Económico Mexicano, S.A.B. de C.V. | 7.26% | 8.42% | 3.64% | 1.60% | 2.17% | 1.47% | 1.88% | 1.62% | 1.73% | 1.43% | 1.77% | 1.49% |
NOMD Nomad Foods Limited | 6.66% | 5.44% | 3.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
NOMD vs. FMX - Financials Comparison
This section allows you to compare key financial metrics between Nomad Foods Limited and Fomento Económico Mexicano, S.A.B. de C.V.. 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
NOMD vs. FMX - Profitability Comparison
NOMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported a gross profit of 186.62M and revenue of 726.96M. Therefore, the gross margin over that period was 25.7%.
FMX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported a gross profit of 4.70B and revenue of 11.62B. Therefore, the gross margin over that period was 40.5%.
NOMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported an operating income of 67.70M and revenue of 726.96M, resulting in an operating margin of 9.3%.
FMX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported an operating income of 800.54M and revenue of 11.62B, resulting in an operating margin of 6.9%.
NOMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nomad Foods Limited reported a net income of 29.38M and revenue of 726.96M, resulting in a net margin of 4.0%.
FMX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fomento Económico Mexicano, S.A.B. de C.V. reported a net income of 829.18M and revenue of 11.62B, resulting in a net margin of 7.1%.
Frequently Asked Questions
NOMD and FMX have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NOMD has higher volatility (7.03%) compared to FMX (6.39%). In terms of maximum drawdown, NOMD dropped -67.99% vs FMX's -61.02%.
FMX currently has the higher Sharpe Ratio (1.56 vs -1.20), 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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