SYK vs. MDT
Compare and contrast key facts about Stryker Corporation (SYK) and Medtronic plc (MDT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SYK or MDT.
Correlation
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.
Performance
SYK vs. MDT - Performance Comparison
Key characteristics
SYK:
1.30
MDT:
-0.02
SYK:
1.90
MDT:
0.09
SYK:
1.24
MDT:
1.01
SYK:
2.08
MDT:
-0.01
SYK:
5.59
MDT:
-0.07
SYK:
4.37%
MDT:
5.50%
SYK:
18.77%
MDT:
17.53%
SYK:
-58.63%
MDT:
-57.63%
SYK:
-8.41%
MDT:
-34.58%
Fundamentals
SYK:
$141.36B
MDT:
$104.34B
SYK:
$9.34
MDT:
$3.27
SYK:
39.70
MDT:
24.88
SYK:
2.59
MDT:
1.49
SYK:
$21.97B
MDT:
$33.00B
SYK:
$13.73B
MDT:
$20.67B
SYK:
$5.48B
MDT:
$9.19B
Returns By Period
In the year-to-date period, SYK achieves a 20.76% return, which is significantly higher than MDT's -0.40% return. Over the past 10 years, SYK has outperformed MDT with an annualized return of 15.65%, while MDT has yielded a comparatively lower 3.19% annualized return.
SYK
20.76%
-7.76%
3.48%
24.19%
12.61%
15.65%
MDT
-0.40%
-8.63%
2.04%
-0.02%
-4.19%
3.19%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Dividends
SYK vs. MDT - Dividend Comparison
SYK's dividend yield for the trailing twelve months is around 0.89%, less than MDT's 2.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYK Stryker Corporation | 0.89% | 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 | 2.61% | 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.
Volatility
SYK vs. MDT - Volatility Comparison
Stryker Corporation (SYK) has a higher volatility of 4.92% compared to Medtronic plc (MDT) at 4.51%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities