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SYK vs. MDT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Performance

SYK vs. MDT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Stryker Corporation (SYK) and Medtronic plc (MDT). The values are adjusted to include any dividend payments, if applicable.

10,000.00%20,000.00%30,000.00%40,000.00%50,000.00%60,000.00%JuneJulyAugustSeptemberOctoberNovember
58,181.79%
10,452.14%
SYK
MDT

Returns By Period

In the year-to-date period, SYK achieves a 31.16% return, which is significantly higher than MDT's 8.94% return. Over the past 10 years, SYK has outperformed MDT with an annualized return of 17.20%, while MDT has yielded a comparatively lower 4.42% annualized return.


SYK

YTD

31.16%

1M

7.96%

6M

17.09%

1Y

35.08%

5Y (annualized)

14.88%

10Y (annualized)

17.20%

MDT

YTD

8.94%

1M

-2.73%

6M

3.59%

1Y

20.85%

5Y (annualized)

-2.16%

10Y (annualized)

4.42%

Fundamentals


SYKMDT
Market Cap$147.57B$113.25B
EPS$9.33$2.97
PE Ratio41.4929.73
PEG Ratio2.641.63
Total Revenue (TTM)$21.97B$24.59B
Gross Profit (TTM)$13.73B$15.22B
EBITDA (TTM)$5.52B$5.69B

Key characteristics


SYKMDT
Sharpe Ratio2.071.24
Sortino Ratio2.861.82
Omega Ratio1.371.23
Calmar Ratio3.320.54
Martin Ratio9.024.58
Ulcer Index4.31%4.85%
Daily Std Dev18.79%17.88%
Max Drawdown-58.63%-57.63%
Current Drawdown0.00%-28.44%

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Correlation

-0.50.00.51.00.4

The correlation between SYK and MDT is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

SYK vs. MDT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Stryker Corporation (SYK) and Medtronic plc (MDT). 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.


Sharpe ratio
The chart of Sharpe ratio for SYK, currently valued at 2.07, compared to the broader market-4.00-2.000.002.002.071.24
The chart of Sortino ratio for SYK, currently valued at 2.86, compared to the broader market-4.00-2.000.002.004.002.861.82
The chart of Omega ratio for SYK, currently valued at 1.37, compared to the broader market0.501.001.502.001.371.23
The chart of Calmar ratio for SYK, currently valued at 3.32, compared to the broader market0.002.004.006.003.320.54
The chart of Martin ratio for SYK, currently valued at 9.02, compared to the broader market0.0010.0020.0030.009.024.58
SYK
MDT

The current SYK Sharpe Ratio is 2.07, which is higher than the MDT Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of SYK and MDT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
2.07
1.24
SYK
MDT

Dividends

SYK vs. MDT - Dividend Comparison

SYK's dividend yield for the trailing twelve months is around 0.82%, less than MDT's 3.18% yield.


TTM20232022202120202019201820172016201520142013
SYK
Stryker Corporation
0.82%1.02%1.16%0.97%0.96%1.02%1.23%1.13%1.31%1.52%1.34%1.46%
MDT
Medtronic plc
3.18%3.34%3.44%2.39%1.95%1.87%2.15%2.24%2.34%1.88%1.66%1.92%

Drawdowns

SYK vs. MDT - Drawdown Comparison

The maximum SYK drawdown since its inception was -58.63%, roughly equal to the maximum MDT drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for SYK and MDT. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-28.44%
SYK
MDT

Volatility

SYK vs. MDT - Volatility Comparison

Stryker Corporation (SYK) has a higher volatility of 6.45% compared to Medtronic plc (MDT) at 5.65%. This indicates that SYK's price experiences larger fluctuations and is considered to be riskier than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
6.45%
5.65%
SYK
MDT

Financials

SYK vs. MDT - Financials Comparison

This section allows you to compare key financial metrics between Stryker Corporation and Medtronic plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items