RMD vs. SGOV
RMD (ResMed Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, RMD returned -1.04%/yr vs 3.54%/yr for SGOV. At a correlation of -0.03, they often move in opposite directions.
Performance
RMD vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RMD achieves a -22.18% return, which is significantly lower than SGOV's 1.51% return.
RMD
- 1D
- 1.99%
- 1M
- -10.70%
- YTD
- -22.18%
- 6M
- -25.45%
- 1Y
- -23.79%
- 3Y*
- -4.53%
- 5Y*
- -1.04%
- 10Y*
- 13.36%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
RMD vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
RMD ResMed Inc. | -22.18% | 6.26% | 34.18% | -16.55% | -19.47% | 23.41% | 34.36% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between RMD and SGOV is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.02 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.03 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RMD vs. SGOV — Risk / Return Rank
RMD
SGOV
RMD vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ResMed Inc. (RMD) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| RMD | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -21.29 | ||
| Sortino ratioReturn per unit of downside risk | -277.01 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 195.55 | -194.71 |
| Calmar ratioReturn relative to maximum drawdown | -0.64 | 398.20 | -398.84 |
| Martin ratioReturn relative to average drawdown | -1.53 | 4,462.00 | -4,463.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| RMD | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.01 | 20.28 | -21.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 14.73 | -14.77 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 12.48 | -11.97 |
Drawdowns
RMD vs. SGOV - Drawdown Comparison
The maximum RMD drawdown since its inception was -61.61%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for RMD and SGOV.
Loading charts...
Drawdown Indicators
| RMD | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.61% | -0.03% | -61.58% |
Max Drawdown (1Y)Largest decline over 1 year | -37.28% | -0.01% | -37.27% |
Max Drawdown (3Y)Largest decline over 3 years | -40.09% | -0.01% | -40.08% |
Max Drawdown (5Y)Largest decline over 5 years | -53.99% | -0.03% | -53.96% |
Max Drawdown (10Y)Largest decline over 10 years | -53.99% | — | — |
Current DrawdownCurrent decline from peak | -36.03% | 0.00% | -36.03% |
Average DrawdownAverage peak-to-trough decline | -15.97% | -0.00% | -15.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.53% | 0.00% | +15.53% |
Volatility
RMD vs. SGOV - Volatility Comparison
ResMed Inc. (RMD) has a higher volatility of 9.32% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that RMD's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RMD | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 0.05% | +9.27% |
Volatility (6M)Calculated over the trailing 6-month period | 18.97% | 0.13% | +18.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.56% | 0.20% | +23.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.06% | 0.24% | +30.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.51% | 0.24% | +31.27% |
Dividends
RMD vs. SGOV - Dividend Comparison
RMD's dividend yield for the trailing twelve months is around 1.29%, less than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RMD ResMed Inc. | 1.29% | 0.94% | 0.88% | 1.07% | 0.83% | 0.62% | 0.73% | 0.98% | 1.26% | 1.61% | 2.03% | 2.16% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RMD and SGOV have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RMD has higher volatility (9.32%) compared to SGOV (0.05%). In terms of maximum drawdown, RMD dropped -61.61% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs -1.01), 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.
Find the right allocation for RMD and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer