SDZNY vs. AMGN

Last updated Jun 5, 2026

SDZNY (Sandoz Group AG) and AMGN (Amgen Inc.) are both stocks. Both are in the Healthcare sector — SDZNY in Drug Manufacturers - Specialty & Generic, AMGN in Drug Manufacturers - General. Over the past year, SDZNY returned 57.49% vs 24.03% for AMGN. At a 0.19 correlation, their price movements are largely independent.

Performance

SDZNY vs. AMGN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sandoz Group AG (SDZNY) and Amgen Inc. (AMGN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SDZNY achieves a 12.42% return, which is significantly higher than AMGN's 7.12% return.

SDZNY

• 1D: 1.65%
• 1M: -4.10%
• YTD: 12.42%
• 6M: 15.66%
• 1Y: 57.49%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMGN

• 1D: 2.18%
• 1M: 5.65%
• YTD: 7.12%
• 6M: 3.08%
• 1Y: 24.03%
• 3Y*: 19.53%
• 5Y*: 11.30%
• 10Y*: 11.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

SDZNY vs. AMGN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SDZNY Sandoz Group AG	12.42%	83.00%	28.40%	20.70%
AMGN Amgen Inc.	7.12%	29.67%	-6.77%	9.36%

Correlation

The correlation between SDZNY and AMGN is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (All Time) Calculated using the full available price history since Oct 5, 2023	0.19

Fundamentals

Market Cap SDZNY : $35.36B AMGN : $188.01B
EPS SDZNY : $1.66 AMGN : $14.38
PE Ratio SDZNY : 48.81 AMGN : 24.04
PEG Ratio SDZNY : 0.23 AMGN : 1.38
PS Ratio SDZNY : 1.94 AMGN : 5.03
PB Ratio SDZNY : 3.77 AMGN : 20.46
Total Revenue (TTM) SDZNY : $18.19B AMGN : $37.24B
Gross Profit (TTM) SDZNY : $8.61B AMGN : $26.61B
EBITDA (TTM) SDZNY : $2.13B AMGN : $17.27B

Return for Risk

SDZNY vs. AMGN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SDZNY

SDZNY Risk / Return Rank: 84
SDZNY Sharpe Ratio Rank: 86
SDZNY Sortino Ratio Rank: 85
SDZNY Omega Ratio Rank: 82
SDZNY Calmar Ratio Rank: 83
SDZNY Martin Ratio Rank: 84

AMGN

AMGN Risk / Return Rank: 67
AMGN Sharpe Ratio Rank: 69
AMGN Sortino Ratio Rank: 65
AMGN Omega Ratio Rank: 63
AMGN Calmar Ratio Rank: 69
AMGN Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SDZNY vs. AMGN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sandoz Group AG (SDZNY) and Amgen Inc. (AMGN). 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.

	SDZNY	AMGN	Difference
Sharpe ratio: Return per unit of total volatility	1.82	0.88	+0.94
Sortino ratio: Return per unit of downside risk	2.69	1.47	+1.22
Omega ratio: Gain probability vs. loss probability	1.33	1.18	+0.15
Calmar ratio: Return relative to maximum drawdown	3.03	1.46	+1.57
Martin ratio: Return relative to average drawdown	8.28	3.43	+4.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SDZNY vs. AMGN - Sharpe Ratio Comparison

The current SDZNY Sharpe Ratio is 1.82, which is higher than the AMGN Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of SDZNY and AMGN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SDZNY	AMGN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.82	0.88	+0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.46	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	0.61	+1.18

Drawdowns

SDZNY vs. AMGN - Drawdown Comparison

The maximum SDZNY drawdown since its inception was -25.34%, smaller than the maximum AMGN drawdown of -63.48%. Use the drawdown chart below to compare losses from any high point for SDZNY and AMGN.

Drawdown Indicators

	SDZNY	AMGN	Difference
Max Drawdown Largest peak-to-trough decline	-25.34%	-63.48%	+38.14%
Max Drawdown (1Y) Largest decline over 1 year	-19.09%	-16.57%	-2.52%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.86%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-24.86%	—
Current Drawdown Current decline from peak	-12.36%	-10.29%	-2.07%
Average Drawdown Average peak-to-trough decline	-5.76%	-16.78%	+11.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.96%	7.03%	-0.07%

Volatility

SDZNY vs. AMGN - Volatility Comparison

Sandoz Group AG (SDZNY) has a higher volatility of 7.92% compared to Amgen Inc. (AMGN) at 6.21%. This indicates that SDZNY's price experiences larger fluctuations and is considered to be riskier than AMGN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SDZNY	AMGN	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	6.21%	+1.71%
Volatility (6M) Calculated over the trailing 6-month period	23.50%	19.25%	+4.25%
Volatility (1Y) Calculated over the trailing 1-year period	31.70%	27.32%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.78%	23.88%	+6.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.78%	24.81%	+5.97%

Dividends

SDZNY vs. AMGN - Dividend Comparison

SDZNY's dividend yield for the trailing twelve months is around 1.27%, less than AMGN's 2.84% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMGN Amgen Inc.	2.84%	2.91%	3.45%	2.96%	2.95%	3.13%	2.78%	2.41%	2.71%	2.65%	2.74%	1.95%
SDZNY Sandoz Group AG	1.27%	1.00%	1.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

SDZNY vs. AMGN - Profitability Comparison

The chart below illustrates the profitability comparison between Sandoz Group AG and Amgen Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

SDZNY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sandoz Group AG reported a gross profit of 2.25B and revenue of 4.64B. Therefore, the gross margin over that period was 48.4%.

AMGN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amgen Inc. reported a gross profit of 5.87B and revenue of 8.62B. Therefore, the gross margin over that period was 68.2%.

SDZNY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sandoz Group AG reported an operating income of 808.02M and revenue of 4.64B, resulting in an operating margin of 17.4%.

AMGN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amgen Inc. reported an operating income of 2.67B and revenue of 8.62B, resulting in an operating margin of 30.9%.

SDZNY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sandoz Group AG reported a net income of 425.40M and revenue of 4.64B, resulting in a net margin of 9.2%.

AMGN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amgen Inc. reported a net income of 1.82B and revenue of 8.62B, resulting in a net margin of 21.1%.

Frequently Asked Questions

Can I hold both SDZNY and AMGN in my portfolio?

SDZNY and AMGN have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SDZNY or AMGN?

SDZNY has higher volatility (7.92%) compared to AMGN (6.21%). In terms of maximum drawdown, SDZNY dropped -25.34% vs AMGN's -63.48%.

Which has better risk-adjusted returns?

SDZNY currently has the higher Sharpe Ratio (1.82 vs 0.88), 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.