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 0.97%/yr vs 7.69%/yr for MORN. At a 0.28 correlation, their price movements are largely independent.
Performance
SWGAY vs. MORN - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SWGAY achieves a 23.65% return, which is significantly higher than MORN's -29.03% return. Over the past 10 years, SWGAY has underperformed MORN with an annualized return of 0.97%, while MORN has yielded a comparatively higher 7.69% annualized return.
SWGAY
- 1D
- -2.59%
- 1M
- 0.63%
- YTD
- 23.65%
- 6M
- 22.96%
- 1Y
- 65.35%
- 3Y*
- -1.01%
- 5Y*
- -3.45%
- 10Y*
- 0.97%
MORN
- 1D
- -0.18%
- 1M
- -14.60%
- YTD
- -29.03%
- 6M
- -28.85%
- 1Y
- -48.52%
- 3Y*
- -6.83%
- 5Y*
- -8.53%
- 10Y*
- 7.69%
SWGAY vs. MORN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWGAY Swatch Group AG ADR | 23.65% | 20.07% | -30.90% | -2.48% | -5.59% | 14.76% | -0.19% | -3.37% | -27.72% | 32.79% |
MORN Morningstar, Inc. | -29.03% | -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 0.07, 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 | 0.13 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2010 | 0.28 |
Over the past year, the correlation between SWGAY and MORN has dropped to 0.07 - well below their long-term average of 0.28, suggesting their price drivers have been diverging.
Fundamentals
SWGAY:
CHF 0.38
MORN:
$9.74
SWGAY:
27.19
MORN:
15.75
SWGAY:
0.41
MORN:
2.53
SWGAY:
CHF 13.02B
MORN:
$2.51B
SWGAY:
CHF 9.03B
MORN:
$1.55B
SWGAY:
CHF 1.27B
MORN:
$743.90M
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
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 | +3.17 | ||
| Sortino ratioReturn per unit of downside risk | +4.69 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 0.73 | +0.57 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | -0.96 | +4.15 |
| Martin ratioReturn relative to average drawdown | 8.00 | -1.44 | +9.44 |
Loading charts...
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.
Loading charts...
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 | -20.57% | -50.70% | +30.13% |
Max Drawdown (3Y)Largest decline over 3 years | -54.78% | -56.74% | +1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -57.33% | -56.74% | -0.59% |
Max Drawdown (10Y)Largest decline over 10 years | -67.01% | -56.74% | -10.27% |
Current DrawdownCurrent decline from peak | -51.81% | -56.74% | +4.93% |
Average DrawdownAverage peak-to-trough decline | -40.04% | -18.39% | -21.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 33.73% | -25.53% |
Volatility
SWGAY vs. MORN - Volatility Comparison
The current volatility for Swatch Group AG ADR (SWGAY) is 10.44%, while Morningstar, Inc. (MORN) has a volatility of 14.90%. This indicates that SWGAY experiences smaller price fluctuations and is considered to be less risky than MORN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SWGAY | MORN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.44% | 14.90% | -4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 27.60% | 31.94% | -4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.68% | 35.46% | +1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.71% | 30.97% | +2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.49% | 27.91% | +3.58% |
Dividends
SWGAY vs. MORN - Dividend Comparison
SWGAY's dividend yield for the trailing twelve months is around 2.25%, more than MORN's 1.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MORN Morningstar, Inc. | 1.25% | 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 | 2.25% | 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 Jun 2026, Swatch Group AG ADR reported a gross profit of 1.23B and revenue of 3.22B. Therefore, the gross margin over that period was 38.2%.
MORN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Morningstar, Inc. reported a gross profit of 405.90M and revenue of 644.80M. Therefore, the gross margin over that period was 63.0%.
SWGAY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Swatch Group AG ADR reported an operating income of 66.45M and revenue of 3.22B, resulting in an operating margin of 2.1%.
MORN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Morningstar, Inc. reported an operating income of 900.00K and revenue of 644.80M, resulting in an operating margin of 0.1%.
SWGAY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Swatch Group AG ADR reported a net income of 0.00 and revenue of 3.22B, resulting in a net margin of 0.0%.
MORN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Morningstar, Inc. reported a net income of 107.10M and revenue of 644.80M, resulting in a net margin of 16.6%.
Frequently Asked Questions
SWGAY and MORN 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.
MORN has higher volatility (14.90%) compared to SWGAY (10.44%). In terms of maximum drawdown, SWGAY dropped -73.66% vs MORN's -67.92%.
SWGAY currently has the higher Sharpe Ratio (1.79 vs -1.37), 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 SWGAY and MORN
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