SEDG vs. MKTX
SEDG (SolarEdge Technologies, Inc.) and MKTX (MarketAxess Holdings Inc.) are both stocks. SEDG operates in Solar (Technology), while MKTX operates in Capital Markets (Financial Services). Over the past 10 years, SEDG returned 9.39%/yr vs 1.02%/yr for MKTX. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
SEDG vs. MKTX - Performance Comparison
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Returns By Period
In the year-to-date period, SEDG achieves a 42.81% return, which is significantly higher than MKTX's -9.56% return. Over the past 10 years, SEDG has outperformed MKTX with an annualized return of 9.39%, while MKTX has yielded a comparatively lower 1.02% annualized return.
SEDG
- 1D
- -1.34%
- 1M
- -21.34%
- 6M
- 33.12%
- YTD
- 42.81%
- 1Y
- 61.25%
- 3Y*
- -44.38%
- 5Y*
- -30.79%
- 10Y*
- 9.39%
- ALL TIME*
- 6.58%
MKTX
- 1D
- -0.28%
- 1M
- 39.28%
- 6M
- -3.14%
- YTD
- -9.56%
- 1Y
- -20.43%
- 3Y*
- -13.54%
- 5Y*
- -18.28%
- 10Y*
- 1.02%
- ALL TIME*
- 13.60%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $282.10M | $167.19M | $119.48M | |
| $98.51M | $106.56M | $188.12M |
SEDG vs. MKTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SEDG SolarEdge Technologies, Inc. | 42.81% | 112.13% | -85.47% | -66.96% | 0.96% | -12.08% | 235.60% | 170.91% | -6.52% | 202.82% |
MKTX MarketAxess Holdings Inc. | -9.56% | -18.54% | -21.58% | 6.11% | -31.50% | -27.51% | 51.28% | 80.66% | 5.63% | 38.28% |
Correlation
The correlation between SEDG and MKTX is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.13 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2015 | 0.16 |
The correlation between SEDG and MKTX shifts across timeframes, from -0.13 (1 year) to 0.16 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SEDG:
$2.51B
MKTX:
$5.71B
SEDG:
-$9.27
MKTX:
$8.49
SEDG:
1.27
MKTX:
6.75
SEDG:
$1.28B
MKTX:
$869.77M
SEDG:
$232.34M
MKTX:
$598.39M
SEDG:
-$214.57M
MKTX:
$445.37M
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Return for Risk
SEDG vs. MKTX — Risk / Return Rank
SEDG
MKTX
SEDG vs. MKTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SolarEdge Technologies, Inc. (SEDG) and MarketAxess Holdings Inc. (MKTX). 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.
| SEDG | MKTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.11 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.93 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | -0.42 | +1.63 |
| Martin ratioReturn relative to average drawdown | 2.82 | -0.81 | +3.63 |
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Drawdowns
SEDG vs. MKTX - Drawdown Comparison
The maximum SEDG drawdown since its inception was -97.16%, which is greater than MKTX's maximum drawdown of -80.60%. Use the drawdown chart below to compare losses from any high point for SEDG and MKTX.
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Drawdown Indicators
| SEDG | MKTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -80.60% | -16.56% |
Max Drawdown (1Y)Largest decline over 1 year | -50.27% | -46.94% | -3.33% |
Max Drawdown (3Y)Largest decline over 3 years | -94.49% | -61.77% | -32.72% |
Max Drawdown (5Y)Largest decline over 5 years | -97.16% | -76.38% | -20.78% |
Max Drawdown (10Y)Largest decline over 10 years | -97.16% | -80.23% | -16.93% |
Current DrawdownCurrent decline from peak | -88.81% | -70.58% | -18.23% |
Average DrawdownAverage peak-to-trough decline | -43.68% | -29.03% | -14.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.51% | 24.16% | -2.65% |
Volatility
SEDG vs. MKTX - Volatility Comparison
The current volatility for SolarEdge Technologies, Inc. (SEDG) is 23.83%, while MarketAxess Holdings Inc. (MKTX) has a volatility of 26.38%. This indicates that SEDG experiences smaller price fluctuations and is considered to be less risky than MKTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SEDG | MKTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 23.83% | 26.38% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 72.70% | 33.85% | +38.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 95.81% | 41.52% | +54.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 84.65% | 35.71% | +48.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 74.18% | 33.96% | +40.22% |
Dividends
SEDG vs. MKTX - Dividend Comparison
SEDG has not paid dividends to shareholders, while MKTX's dividend yield for the trailing twelve months is around 1.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MKTX MarketAxess Holdings Inc. | 1.90% | 1.68% | 1.64% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% |
SEDG SolarEdge Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
SEDG vs. MKTX - Financials Comparison
This section allows you to compare key financial metrics between SolarEdge Technologies, Inc. and MarketAxess Holdings Inc.. 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
SEDG vs. MKTX - Profitability Comparison
SEDG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported a gross profit of 68.28M and revenue of 310.50M. Therefore, the gross margin over that period was 22.0%.
MKTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported a gross profit of 141.44M and revenue of 218.42M. Therefore, the gross margin over that period was 64.8%.
SEDG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported an operating income of -55.04M and revenue of 310.50M, resulting in an operating margin of -17.7%.
MKTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported an operating income of 89.88M and revenue of 218.42M, resulting in an operating margin of 41.2%.
SEDG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, SolarEdge Technologies, Inc. reported a net income of -57.37M and revenue of 310.50M, resulting in a net margin of -18.5%.
MKTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, MarketAxess Holdings Inc. reported a net income of 68.55M and revenue of 218.42M, resulting in a net margin of 31.4%.
Frequently Asked Questions
SEDG and MKTX have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MKTX has higher volatility (26.38%) compared to SEDG (23.83%). In terms of maximum drawdown, SEDG dropped -97.16% vs MKTX's -80.60%.
SEDG currently has the higher Sharpe Ratio (0.64 vs -0.47), 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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