RMD vs. JNJ
RMD (ResMed Inc.) and JNJ (Johnson & Johnson) are both stocks. Both are in the Healthcare sector — RMD in Medical Instruments & Supplies, JNJ in Drug Manufacturers - General. Over the past 10 years, RMD returned 13.85%/yr vs 10.46%/yr for JNJ. At a 0.25 correlation, their price movements are largely independent.
Performance
RMD vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, RMD achieves a -18.71% return, which is significantly lower than JNJ's 17.68% return. Over the past 10 years, RMD has outperformed JNJ with an annualized return of 13.85%, while JNJ has yielded a comparatively lower 10.46% annualized return.
RMD
- 1D
- 1.24%
- 1M
- -3.46%
- YTD
- -18.71%
- 6M
- -22.38%
- 1Y
- -22.01%
- 3Y*
- -2.26%
- 5Y*
- -1.41%
- 10Y*
- 13.85%
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
RMD vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RMD ResMed Inc. | -18.71% | 6.26% | 34.18% | -16.55% | -19.47% | 23.41% | 38.33% | 37.85% | 36.38% | 39.06% |
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between RMD and JNJ is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 1995 | 0.25 |
Fundamentals
RMD:
$13.78
JNJ:
$8.65
RMD:
14.14
JNJ:
27.85
RMD:
0.44
JNJ:
0.93
RMD:
3.88
JNJ:
6.08
RMD:
$5.54B
JNJ:
$96.36B
RMD:
$3.42B
JNJ:
$66.60B
RMD:
$2.10B
JNJ:
$31.62B
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Return for Risk
RMD vs. JNJ — Risk / Return Rank
RMD
JNJ
RMD vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ResMed Inc. (RMD) and Johnson & Johnson (JNJ). 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.
| RMD | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.34 | ||
| Sortino ratioReturn per unit of downside risk | -6.13 | ||
| Omega ratioGain probability vs. loss probability | 0.86 | 1.61 | -0.75 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | 5.28 | -5.87 |
| Martin ratioReturn relative to average drawdown | -1.34 | 15.52 | -16.86 |
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Drawdowns
RMD vs. JNJ - Drawdown Comparison
The maximum RMD drawdown since its inception was -61.61%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for RMD and JNJ.
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Drawdown Indicators
| RMD | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -50.67% | -10.94% |
Max Drawdown (1Y)Largest decline over 1 year | -37.28% | -10.96% | -26.32% |
Max Drawdown (3Y)Largest decline over 3 years | -40.09% | -15.95% | -24.14% |
Max Drawdown (5Y)Largest decline over 5 years | -53.99% | -18.41% | -35.58% |
Max Drawdown (10Y)Largest decline over 10 years | -53.99% | -27.37% | -26.62% |
Current DrawdownCurrent decline from peak | -33.18% | -2.54% | -30.64% |
Average DrawdownAverage peak-to-trough decline | -16.00% | -11.90% | -4.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.49% | 3.72% | +12.77% |
Volatility
RMD vs. JNJ - Volatility Comparison
ResMed Inc. (RMD) has a higher volatility of 9.81% compared to Johnson & Johnson (JNJ) at 5.47%. This indicates that RMD's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| RMD | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.81% | 5.47% | +4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 19.30% | 12.16% | +7.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.09% | 16.94% | +7.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.07% | 16.87% | +14.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.54% | 18.48% | +13.06% |
Dividends
RMD vs. JNJ - Dividend Comparison
RMD's dividend yield for the trailing twelve months is around 1.23%, less than JNJ's 2.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
RMD ResMed Inc. | 1.23% | 0.94% | 0.88% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% |
Financials
RMD vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between ResMed Inc. and Johnson & Johnson. 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
RMD vs. JNJ - Profitability Comparison
RMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a gross profit of 890.98M and revenue of 1.43B. Therefore, the gross margin over that period was 62.3%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
RMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported an operating income of 499.81M and revenue of 1.43B, resulting in an operating margin of 34.9%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
RMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, ResMed Inc. reported a net income of 398.73M and revenue of 1.43B, resulting in a net margin of 27.9%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
RMD and JNJ have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMD has higher volatility (9.81%) compared to JNJ (5.47%). In terms of maximum drawdown, RMD dropped -61.61% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.42 vs -0.92), 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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