NVT vs. BSX
NVT (nVent Electric plc) and BSX (Boston Scientific Corporation) are both stocks. NVT operates in Electrical Equipment & Parts (Industrials), while BSX operates in Medical Devices (Healthcare). Over the past 5 years, NVT returned 41.15%/yr vs 1.80%/yr for BSX. At a 0.33 correlation, their price movements are largely independent.
Performance
NVT vs. BSX - Performance Comparison
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Returns By Period
In the year-to-date period, NVT achieves a 63.18% return, which is significantly higher than BSX's -50.80% return.
NVT
- 1D
- 0.80%
- 1M
- -4.09%
- YTD
- 63.18%
- 6M
- 63.60%
- 1Y
- 139.62%
- 3Y*
- 52.46%
- 5Y*
- 41.15%
- 10Y*
- —
BSX
- 1D
- -0.55%
- 1M
- -11.59%
- YTD
- -50.80%
- 6M
- -49.33%
- 1Y
- -52.40%
- 3Y*
- -2.85%
- 5Y*
- 1.80%
- 10Y*
- 7.42%
NVT vs. BSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NVT nVent Electric plc | 63.18% | 51.27% | 16.63% | 55.98% | 3.32% | 67.15% | -5.68% | 17.24% | 7.52% |
BSX Boston Scientific Corporation | -50.80% | 6.75% | 54.51% | 24.94% | 8.92% | 18.16% | -20.50% | 27.96% | 23.05% |
Correlation
The correlation between NVT and BSX is -0.02, 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 | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since May 1, 2018 | 0.33 |
The correlation between NVT and BSX shifts across timeframes, from -0.02 (1 year) to 0.33 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NVT:
$27.20B
BSX:
$70.13B
NVT:
$3.00
BSX:
$2.38
NVT:
55.32
BSX:
19.74
NVT:
1.33
BSX:
0.44
NVT:
6.29
BSX:
3.40
NVT:
7.16
BSX:
2.71
NVT:
$4.33B
BSX:
$20.62B
NVT:
$1.60B
BSX:
$14.52B
NVT:
$857.60M
BSX:
$4.76B
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Return for Risk
NVT vs. BSX — Risk / Return Rank
NVT
BSX
NVT vs. BSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for nVent Electric plc (NVT) and Boston Scientific Corporation (BSX). 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.
| NVT | BSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +4.92 | ||
| Sortino ratioReturn per unit of downside risk | +6.15 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 0.67 | +0.84 |
| Calmar ratioReturn relative to maximum drawdown | 8.30 | -0.93 | +9.22 |
| Martin ratioReturn relative to average drawdown | 28.25 | -2.00 | +30.25 |
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Drawdowns
NVT vs. BSX - Drawdown Comparison
The maximum NVT drawdown since its inception was -56.18%, smaller than the maximum BSX drawdown of -89.15%. Use the drawdown chart below to compare losses from any high point for NVT and BSX.
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Drawdown Indicators
| NVT | BSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.18% | -89.15% | +32.97% |
Max Drawdown (1Y)Largest decline over 1 year | -16.93% | -56.62% | +39.69% |
Max Drawdown (3Y)Largest decline over 3 years | -46.67% | -56.62% | +9.95% |
Max Drawdown (5Y)Largest decline over 5 years | -46.67% | -56.62% | +9.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -56.62% | — |
Current DrawdownCurrent decline from peak | -5.98% | -56.62% | +50.64% |
Average DrawdownAverage peak-to-trough decline | -11.82% | -38.76% | +26.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 26.23% | -21.27% |
Volatility
NVT vs. BSX - Volatility Comparison
The current volatility for nVent Electric plc (NVT) is 12.76%, while Boston Scientific Corporation (BSX) has a volatility of 15.84%. This indicates that NVT experiences smaller price fluctuations and is considered to be less risky than BSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVT | BSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.76% | 15.84% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 32.57% | 32.83% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.19% | 34.77% | +6.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.06% | 25.69% | +10.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.49% | 27.29% | +11.20% |
Dividends
NVT vs. BSX - Dividend Comparison
NVT's dividend yield for the trailing twelve months is around 0.49%, while BSX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BSX Boston Scientific Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVT nVent Electric plc | 0.49% | 0.78% | 1.12% | 1.18% | 1.82% | 1.84% | 3.01% | 2.74% | 1.56% |
Financials
NVT vs. BSX - Financials Comparison
This section allows you to compare key financial metrics between nVent Electric plc and Boston Scientific 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
NVT vs. BSX - Profitability Comparison
NVT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a gross profit of 445.60M and revenue of 1.24B. Therefore, the gross margin over that period was 35.9%.
BSX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a gross profit of 3.61B and revenue of 5.20B. Therefore, the gross margin over that period was 69.4%.
NVT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported an operating income of 195.70M and revenue of 1.24B, resulting in an operating margin of 15.8%.
BSX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported an operating income of 1.07B and revenue of 5.20B, resulting in an operating margin of 20.6%.
NVT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, nVent Electric plc reported a net income of 142.40M and revenue of 1.24B, resulting in a net margin of 11.5%.
BSX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Boston Scientific Corporation reported a net income of 1.34B and revenue of 5.20B, resulting in a net margin of 25.7%.
Frequently Asked Questions
NVT and BSX have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSX has higher volatility (15.84%) compared to NVT (12.76%). In terms of maximum drawdown, NVT dropped -56.18% vs BSX's -89.15%.
NVT currently has the higher Sharpe Ratio (3.41 vs -1.51), 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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