SWGAY vs. MORN
SWGAY (Swatch Group AG ADR) and MORN (Morningstar, Inc.) are both stocks. SWGAY operates in Luxury Goods (Consumer Cyclical), while MORN operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, SWGAY returned 0.51%/yr vs 9.55%/yr for MORN. Their 0.27 correlation means their historical movements had little consistent relationship.
Performance
SWGAY vs. MORN - Performance Comparison
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Returns By Period
In the year-to-date period, SWGAY achieves a 7.68% return, which is significantly higher than MORN's -10.65% return. Over the past 10 years, SWGAY has underperformed MORN with an annualized return of 0.51%, while MORN has yielded a comparatively higher 9.55% annualized return.
SWGAY
- 1D
- 1.18%
- 1M
- -7.95%
- 6M
- -3.23%
- YTD
- 7.68%
- 1Y
- 30.40%
- 3Y*
- -8.57%
- 5Y*
- -5.32%
- 10Y*
- 0.51%
- ALL TIME*
- 10.03%
MORN
- 1D
- -0.28%
- 1M
- 16.40%
- 6M
- -4.14%
- YTD
- -10.65%
- 1Y
- -28.58%
- 3Y*
- -4.77%
- 5Y*
- -4.64%
- 10Y*
- 9.55%
- ALL TIME*
- 12.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $94.92M | $79.11M | $85.14M | |
SWGAY Swatch Group AG ADR | $1.26M | $966.60K | $1.06M |
SWGAY vs. MORN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWGAY Swatch Group AG ADR | 7.68% | 20.07% | -30.90% | -2.48% | -5.59% | 14.76% | -0.19% | -3.37% | -27.72% | 32.79% |
MORN Morningstar, Inc. | -10.65% | -35.05% | 18.29% | 33.10% | -36.31% | 48.23% | 54.54% | 38.93% | 14.34% | 33.38% |
Correlation
The correlation between SWGAY and MORN is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (3Y) Balances recent behavior with more history. | 0.11 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.21 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2010 | 0.27 |
Over the past year, the correlation between SWGAY and MORN has dropped to 0.03 - well below their long-term average of 0.27, suggesting their price drivers have been diverging.
Fundamentals
SWGAY:
$11.56B
MORN:
$7.22B
SWGAY:
CHF 0.07
MORN:
$10.49
SWGAY:
134.71
MORN:
18.35
SWGAY:
0.73
MORN:
3.01
SWGAY:
0.82
MORN:
7.17
SWGAY:
CHF 12.76B
MORN:
$2.57B
SWGAY:
CHF 8.66B
MORN:
$1.60B
SWGAY:
CHF 897.79M
MORN:
$780.50M
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Return for Risk
SWGAY vs. MORN — Risk / Return Rank
SWGAY
MORN
SWGAY vs. MORN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Swatch Group AG ADR (SWGAY) and Morningstar, Inc. (MORN). 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.
| SWGAY | MORN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.53 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.88 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | -0.63 | +1.71 |
| Martin ratioReturn relative to average drawdown | 3.29 | -1.05 | +4.34 |
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Drawdowns
SWGAY vs. MORN - Drawdown Comparison
The maximum SWGAY drawdown since its inception was -73.66%, which is greater than MORN's maximum drawdown of -67.92%. Use the drawdown chart below to compare losses from any high point for SWGAY and MORN.
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Drawdown Indicators
| SWGAY | MORN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.66% | -67.92% | -5.74% |
Max Drawdown (1Y)Largest decline over 1 year | -26.50% | -47.55% | +21.05% |
Max Drawdown (3Y)Largest decline over 3 years | -50.98% | -60.00% | +9.02% |
Max Drawdown (5Y)Largest decline over 5 years | -57.33% | -60.00% | +2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -67.01% | -60.00% | -7.01% |
Current DrawdownCurrent decline from peak | -58.03% | -45.53% | -12.50% |
Average DrawdownAverage peak-to-trough decline | -40.15% | -18.57% | -21.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.74% | 29.23% | -20.49% |
Volatility
SWGAY vs. MORN - Volatility Comparison
Swatch Group AG ADR (SWGAY) has a higher volatility of 13.57% compared to Morningstar, Inc. (MORN) at 12.65%. This indicates that SWGAY's price experiences larger fluctuations and is considered to be riskier than MORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWGAY | MORN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.57% | 12.65% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 29.74% | 35.68% | -5.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.90% | 39.45% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.97% | 31.88% | +2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.46% | 28.42% | +3.04% |
Dividends
SWGAY vs. MORN - Dividend Comparison
SWGAY's dividend yield for the trailing twelve months is around 2.58%, more than MORN's 1.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MORN Morningstar, Inc. | 1.02% | 0.84% | 0.48% | 0.52% | 0.66% | 0.28% | 0.65% | 0.74% | 0.91% | 0.95% | 1.20% | 0.95% |
SWGAY Swatch Group AG ADR | 2.58% | 2.49% | 3.94% | 2.44% | 1.94% | 1.27% | 1.19% | 1.64% | 1.57% | 0.97% | 1.41% | 1.32% |
Financials
SWGAY vs. MORN - Financials Comparison
This section allows you to compare key financial metrics between Swatch Group AG ADR and Morningstar, 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
SWGAY vs. MORN - Profitability Comparison
SWGAY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Swatch Group AG ADR reported a gross profit of 1.17B and revenue of 3.19B. Therefore, the gross margin over that period was 36.6%.
MORN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Morningstar, Inc. reported a gross profit of 423.90M and revenue of 663.20M. Therefore, the gross margin over that period was 63.9%.
SWGAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Swatch Group AG ADR reported an operating income of 53.12M and revenue of 3.19B, resulting in an operating margin of 1.7%.
MORN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Morningstar, Inc. reported an operating income of 6.80M and revenue of 663.20M, resulting in an operating margin of 1.0%.
SWGAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Swatch Group AG ADR reported a net income of 9.19M and revenue of 3.19B, resulting in a net margin of 0.3%.
MORN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Morningstar, Inc. reported a net income of 107.80M and revenue of 663.20M, resulting in a net margin of 16.3%.
Frequently Asked Questions
SWGAY and MORN have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SWGAY has higher volatility (13.57%) compared to MORN (12.65%). In terms of maximum drawdown, SWGAY dropped -73.66% vs MORN's -67.92%.
SWGAY currently has the higher Sharpe Ratio (0.78 vs -0.76), 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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