TCMD vs. GMED
TCMD (Tactile Systems Technology, Inc.) and GMED (Globus Medical, Inc.) are both stocks. Both operate in the Medical Devices industry within the Healthcare sector. Over the past 5 years, TCMD returned -13.72%/yr vs 1.52%/yr for GMED. At a 0.37 correlation, their price movements are largely independent.
Performance
TCMD vs. GMED - Performance Comparison
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Returns By Period
In the year-to-date period, TCMD achieves a -8.79% return, which is significantly lower than GMED's -8.33% return.
TCMD
- 1D
- 0.88%
- 1M
- 6.22%
- YTD
- -8.79%
- 6M
- -10.46%
- 1Y
- 160.08%
- 3Y*
- 3.98%
- 5Y*
- -13.72%
- 10Y*
- —
GMED
- 1D
- 1.07%
- 1M
- -5.62%
- YTD
- -8.33%
- 6M
- -9.83%
- 1Y
- 38.45%
- 3Y*
- 11.06%
- 5Y*
- 1.52%
- 10Y*
- 12.87%
TCMD vs. GMED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCMD Tactile Systems Technology, Inc. | -8.79% | 69.29% | 19.79% | 24.56% | -39.67% | -57.65% | -33.43% | 48.21% | 57.18% | 76.60% |
GMED Globus Medical, Inc. | -8.33% | 5.56% | 55.21% | -28.25% | 2.87% | 10.70% | 10.77% | 36.04% | 5.30% | 65.66% |
Correlation
The correlation between TCMD and GMED is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016 | 0.37 |
The correlation between TCMD and GMED shifts across timeframes, from 0.37 (all time) to 0.50 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
TCMD:
$596.74M
GMED:
$11.06B
TCMD:
$0.89
GMED:
$4.29
TCMD:
29.76
GMED:
18.67
TCMD:
0.75
GMED:
0.20
TCMD:
1.76
GMED:
3.53
TCMD:
2.74
GMED:
2.34
TCMD:
$343.52M
GMED:
$3.10B
TCMD:
$254.06M
GMED:
$1.58B
TCMD:
$38.53M
GMED:
$803.34M
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Return for Risk
TCMD vs. GMED — Risk / Return Rank
TCMD
GMED
TCMD vs. GMED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) and Globus Medical, Inc. (GMED). 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.
| TCMD | GMED | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.65 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 1.23 | +0.30 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | 1.75 | +3.26 |
| Martin ratioReturn relative to average drawdown | 11.86 | 4.46 | +7.40 |
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Drawdowns
TCMD vs. GMED - Drawdown Comparison
The maximum TCMD drawdown since its inception was -91.41%, which is greater than GMED's maximum drawdown of -47.91%. Use the drawdown chart below to compare losses from any high point for TCMD and GMED.
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Drawdown Indicators
| TCMD | GMED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.41% | -47.91% | -43.50% |
Max Drawdown (1Y)Largest decline over 1 year | -32.13% | -22.10% | -10.03% |
Max Drawdown (3Y)Largest decline over 3 years | -63.25% | -44.40% | -18.85% |
Max Drawdown (5Y)Largest decline over 5 years | -88.51% | -47.91% | -40.60% |
Max Drawdown (10Y)Largest decline over 10 years | — | -47.91% | — |
Current DrawdownCurrent decline from peak | -65.33% | -17.33% | -48.00% |
Average DrawdownAverage peak-to-trough decline | -49.42% | -15.33% | -34.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.55% | 8.65% | +4.90% |
Volatility
TCMD vs. GMED - Volatility Comparison
The current volatility for Tactile Systems Technology, Inc. (TCMD) is 9.56%, while Globus Medical, Inc. (GMED) has a volatility of 10.78%. This indicates that TCMD experiences smaller price fluctuations and is considered to be less risky than GMED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TCMD | GMED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 10.78% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 35.34% | 23.54% | +11.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.82% | 48.64% | +17.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.53% | 38.04% | +22.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.55% | 35.54% | +21.01% |
Dividends
TCMD vs. GMED - Dividend Comparison
Neither TCMD nor GMED has paid dividends to shareholders.
Financials
TCMD vs. GMED - Financials Comparison
This section allows you to compare key financial metrics between Tactile Systems Technology, Inc. and Globus Medical, 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
TCMD vs. GMED - Profitability Comparison
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%.
GMED - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Globus Medical, Inc. reported a gross profit of 0.00 and revenue of 759.85M. Therefore, the gross margin over that period was 0.0%.
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%.
GMED - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Globus Medical, Inc. reported an operating income of 150.39M and revenue of 759.85M, resulting in an operating margin of 19.8%.
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%.
GMED - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Globus Medical, Inc. reported a net income of 124.30M and revenue of 759.85M, resulting in a net margin of 16.4%.
Frequently Asked Questions
TCMD and GMED have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GMED has higher volatility (10.78%) compared to TCMD (9.56%). In terms of maximum drawdown, TCMD dropped -91.41% vs GMED's -47.91%.
TCMD currently has the higher Sharpe Ratio (2.45 vs 0.79), 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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