SYK vs. DHR
SYK (Stryker Corporation) and DHR (Danaher Corporation) are both stocks. Both are in the Healthcare sector — SYK in Medical Devices, DHR in Diagnostics & Research. Over the past 10 years, SYK returned 12.14%/yr vs 11.08%/yr for DHR. Their 0.34 correlation means their historical movements had little consistent relationship.
Performance
SYK vs. DHR - Performance Comparison
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Returns By Period
In the year-to-date period, SYK achieves a -6.83% return, which is significantly higher than DHR's -14.47% return. Over the past 10 years, SYK has outperformed DHR with an annualized return of 12.14%, while DHR has yielded a comparatively lower 11.08% annualized return.
SYK
- 1D
- -6.42%
- 1M
- -0.26%
- 6M
- -11.39%
- YTD
- -6.83%
- 1Y
- -12.91%
- 3Y*
- 6.29%
- 5Y*
- 4.83%
- 10Y*
- 12.14%
- ALL TIME*
- 17.55%
DHR
- 1D
- -0.61%
- 1M
- -1.49%
- 6M
- -10.55%
- YTD
- -14.47%
- 1Y
- -0.34%
- 3Y*
- -4.26%
- 5Y*
- -5.40%
- 10Y*
- 11.08%
- ALL TIME*
- 18.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.81B | $1.26B | $962.73M | |
| $795.69M | $812.11M | $866.68M |
SYK vs. DHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SYK Stryker Corporation | -6.83% | -1.48% | 21.34% | 23.80% | -7.42% | 10.22% | 18.17% | 35.33% | 2.43% | 30.84% |
DHR Danaher Corporation | -14.47% | 0.35% | -0.35% | -1.22% | -19.02% | 48.57% | 45.34% | 49.55% | 11.80% | 20.01% |
Correlation
The correlation between SYK and DHR is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 1988 | 0.34 |
The correlation between SYK and DHR shifts across timeframes, from 0.34 (all time) to 0.49 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
SYK:
$124.86B
DHR:
$137.13B
SYK:
$9.65
DHR:
$5.63
SYK:
33.75
DHR:
34.62
SYK:
4.87
DHR:
5.52
SYK:
2.62
DHR:
2.62
SYK:
$25.84B
DHR:
$25.11B
SYK:
$16.84B
DHR:
$14.69B
SYK:
$6.35B
DHR:
$6.43B
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Return for Risk
SYK vs. DHR — Risk / Return Rank
SYK
DHR
SYK vs. DHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Stryker Corporation (SYK) and Danaher Corporation (DHR). 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.
| SYK | DHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.59 | ||
| Sortino ratioReturn per unit of downside risk | -0.91 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.03 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.59 | -0.01 | -0.57 |
| Martin ratioReturn relative to average drawdown | -1.28 | -0.02 | -1.26 |
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Drawdowns
SYK vs. DHR - Drawdown Comparison
The maximum SYK drawdown since its inception was -58.63%, which is greater than DHR's maximum drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for SYK and DHR.
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Drawdown Indicators
| SYK | DHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.63% | -45.80% | -12.83% |
Max Drawdown (1Y)Largest decline over 1 year | -27.80% | -32.97% | +5.17% |
Max Drawdown (3Y)Largest decline over 3 years | -29.45% | -41.72% | +12.27% |
Max Drawdown (5Y)Largest decline over 5 years | -31.68% | -43.81% | +12.13% |
Max Drawdown (10Y)Largest decline over 10 years | -43.80% | -43.81% | +0.01% |
Current DrawdownCurrent decline from peak | -18.47% | -32.19% | +13.72% |
Average DrawdownAverage peak-to-trough decline | -13.13% | -10.30% | -2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.68% | 15.66% | -2.98% |
Volatility
SYK vs. DHR - Volatility Comparison
The current volatility for Stryker Corporation (SYK) is 13.88%, while Danaher Corporation (DHR) has a volatility of 15.48%. This indicates that SYK experiences smaller price fluctuations and is considered to be less risky than DHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYK | DHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.88% | 15.48% | -1.60% |
Volatility (6M)Calculated over the trailing 6-month period | 23.52% | 24.23% | -0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.28% | 31.20% | -3.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.10% | 28.76% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.75% | 26.01% | +0.74% |
Dividends
SYK vs. DHR - Dividend Comparison
SYK's dividend yield for the trailing twelve months is around 1.07%, more than DHR's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.74% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
SYK Stryker Corporation | 1.07% | 0.97% | 0.90% | 1.02% | 1.16% | 0.97% | 0.96% | 1.02% | 1.23% | 1.13% | 1.31% | 1.52% |
Financials
SYK vs. DHR - Financials Comparison
This section allows you to compare key financial metrics between Stryker Corporation and Danaher Corporation. 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
SYK vs. DHR - Profitability Comparison
SYK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Stryker Corporation reported a gross profit of 4.50B and revenue of 6.59B. Therefore, the gross margin over that period was 68.3%.
DHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported a gross profit of 3.61B and revenue of 6.27B. Therefore, the gross margin over that period was 57.6%.
SYK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Stryker Corporation reported an operating income of 1.66B and revenue of 6.59B, resulting in an operating margin of 25.2%.
DHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported an operating income of 1.13B and revenue of 6.27B, resulting in an operating margin of 18.0%.
SYK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Stryker Corporation reported a net income of 1.28B and revenue of 6.59B, resulting in a net margin of 19.4%.
DHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported a net income of 870.00M and revenue of 6.27B, resulting in a net margin of 13.9%.
Frequently Asked Questions
SYK and DHR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (15.48%) compared to SYK (13.88%). In terms of maximum drawdown, SYK dropped -58.63% vs DHR's -45.80%.
DHR currently has the higher Sharpe Ratio (-0.01 vs -0.60), 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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