TCMD vs. FN

Last updated Jun 3, 2026

TCMD (Tactile Systems Technology, Inc.) and FN (Fabrinet) are both stocks. TCMD operates in Medical Devices (Healthcare), while FN operates in Electronic Components (Technology). Over the past 5 years, TCMD returned -13.59%/yr vs 50.16%/yr for FN. At a 0.27 correlation, their price movements are largely independent.

Performance

TCMD vs. FN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tactile Systems Technology, Inc. (TCMD) and Fabrinet (FN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TCMD achieves a -15.83% return, which is significantly lower than FN's 54.00% return.

TCMD

• 1D: 1.79%
• 1M: 6.64%
• YTD: -15.83%
• 6M: -6.65%
• 1Y: 146.81%
• 3Y*: 1.69%
• 5Y*: -13.59%
• 10Y*: —

FN

• 1D: 12.65%
• 1M: -0.77%
• YTD: 54.00%
• 6M: 58.77%
• 1Y: 200.43%
• 3Y*: 82.74%
• 5Y*: 50.16%
• 10Y*: 34.26%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TCMD vs. FN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TCMD Tactile Systems Technology, Inc.	-15.83%	69.29%	19.79%	24.56%	-39.67%	-57.65%	-33.43%	48.21%	57.18%	76.60%
FN Fabrinet	54.00%	107.06%	15.53%	48.44%	8.23%	52.69%	19.66%	26.37%	78.78%	-28.78%

Correlation

The correlation between TCMD and FN is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jul 29, 2016	0.27

The correlation between TCMD and FN shifts across timeframes, from 0.16 (1 year) to 0.27 (5 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap TCMD : $550.72M FN : $25.39B
EPS TCMD : $0.89 FN : $11.65
PE Ratio TCMD : 27.47 FN : 60.19
PEG Ratio TCMD : 0.69 FN : 2.58
PS Ratio TCMD : 1.62 FN : 5.98
PB Ratio TCMD : 2.53 FN : 11.02
Total Revenue (TTM) TCMD : $343.52M FN : $4.24B
Gross Profit (TTM) TCMD : $254.06M FN : $509.75M
EBITDA (TTM) TCMD : $38.53M FN : $422.55M

Return for Risk

TCMD vs. FN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TCMD

TCMD Risk / Return Rank: 91
TCMD Sharpe Ratio Rank: 90
TCMD Sortino Ratio Rank: 94
TCMD Omega Ratio Rank: 93
TCMD Calmar Ratio Rank: 89
TCMD Martin Ratio Rank: 89

FN

FN Risk / Return Rank: 93
FN Sharpe Ratio Rank: 94
FN Sortino Ratio Rank: 88
FN Omega Ratio Rank: 88
FN Calmar Ratio Rank: 97
FN Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TCMD vs. FN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) and Fabrinet (FN). 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.

	TCMD	FN	Difference
Sharpe ratio Return per unit of total volatility	2.25	3.09	-0.85
Sortino ratio Return per unit of downside risk	4.01	3.06	+0.95
Omega ratio Gain probability vs. loss probability	1.50	1.41	+0.10
Calmar ratio Return relative to maximum drawdown	4.58	9.78	-5.21
Martin ratio Return relative to average drawdown	11.69	23.88	-12.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TCMD vs. FN - Sharpe Ratio Comparison

The current TCMD Sharpe Ratio is 2.25, which is comparable to the FN Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of TCMD and FN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	TCMD	FN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	3.09	-0.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.23	0.95	-1.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.15	0.61	-0.46

Drawdowns

TCMD vs. FN - Drawdown Comparison

The maximum TCMD drawdown since its inception was -91.41%, which is greater than FN's maximum drawdown of -70.46%. Use the drawdown chart below to compare losses from any high point for TCMD and FN.

Drawdown Indicators

	TCMD	FN	Difference
Max Drawdown Largest peak-to-trough decline	-91.41%	-70.46%	-20.95%
Max Drawdown (1Y) Largest decline over 1 year	-32.13%	-20.55%	-11.58%
Max Drawdown (3Y) Largest decline over 3 years	-63.25%	-37.47%	-25.78%
Max Drawdown (5Y) Largest decline over 5 years	-88.51%	-38.70%	-49.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.11%	—
Current Drawdown Current decline from peak	-68.00%	-6.08%	-61.92%
Average Drawdown Average peak-to-trough decline	-49.34%	-22.60%	-26.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.58%	8.42%	+4.16%

Volatility

TCMD vs. FN - Volatility Comparison

The current volatility for Tactile Systems Technology, Inc. (TCMD) is 15.06%, while Fabrinet (FN) has a volatility of 24.47%. This indicates that TCMD experiences smaller price fluctuations and is considered to be less risky than FN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TCMD	FN	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.06%	24.47%	-9.41%
Volatility (6M) Calculated over the trailing 6-month period	35.80%	54.13%	-18.33%
Volatility (1Y) Calculated over the trailing 1-year period	65.76%	65.22%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.49%	53.24%	+7.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	56.63%	48.08%	+8.55%

Dividends

TCMD vs. FN - Dividend Comparison

Neither TCMD nor FN has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

TCMD vs. FN - Profitability Comparison

The chart below illustrates the profitability comparison between Tactile Systems Technology, Inc. and Fabrinet over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TCMD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported a gross profit of 51.71M and revenue of 75.27M. Therefore, the gross margin over that period was 68.7%.

FN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a gross profit of 144.34M and revenue of 1.21B. Therefore, the gross margin over that period was 11.9%.

TCMD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported an operating income of -1.53M and revenue of 75.27M, resulting in an operating margin of -2.0%.

FN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported an operating income of 120.04M and revenue of 1.21B, resulting in an operating margin of 9.9%.

TCMD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tactile Systems Technology, Inc. reported a net income of -1.76M and revenue of 75.27M, resulting in a net margin of -2.3%.

FN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Fabrinet reported a net income of 128.18M and revenue of 1.21B, resulting in a net margin of 10.6%.

Frequently Asked Questions

Can I hold both TCMD and FN in my portfolio?

TCMD and FN have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TCMD or FN?

FN has higher volatility (24.47%) compared to TCMD (15.06%). In terms of maximum drawdown, TCMD dropped -91.41% vs FN's -70.46%.

Which has better risk-adjusted returns?

FN currently has the higher Sharpe Ratio (3.09 vs 2.25), 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.