TCMD vs. MDT
TCMD (Tactile Systems Technology, Inc.) and MDT (Medtronic plc) 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 -5.66%/yr for MDT. At a 0.31 correlation, their price movements are largely independent.
Performance
TCMD vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, TCMD achieves a -8.79% return, which is significantly higher than MDT's -15.38% return.
TCMD
- 1D
- 0.88%
- 1M
- 6.22%
- YTD
- -8.79%
- 6M
- -10.46%
- 1Y
- 160.08%
- 3Y*
- 3.98%
- 5Y*
- -13.72%
- 10Y*
- —
MDT
- 1D
- 1.72%
- 1M
- 2.58%
- YTD
- -15.38%
- 6M
- -15.99%
- 1Y
- -3.22%
- 3Y*
- 0.27%
- 5Y*
- -5.66%
- 10Y*
- 2.33%
TCMD vs. MDT - 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% |
MDT Medtronic plc | -15.38% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between TCMD and MDT is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016 | 0.31 |
Fundamentals
TCMD:
$596.74M
MDT:
$103.86B
TCMD:
$0.89
MDT:
$3.73
TCMD:
29.76
MDT:
21.63
TCMD:
0.75
MDT:
11.24
TCMD:
1.76
MDT:
2.86
TCMD:
2.74
MDT:
2.10
TCMD:
$343.52M
MDT:
$36.36B
TCMD:
$254.06M
MDT:
$23.64B
TCMD:
$38.53M
MDT:
$9.72B
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Return for Risk
TCMD vs. MDT — Risk / Return Rank
TCMD
MDT
TCMD vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tactile Systems Technology, Inc. (TCMD) 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.
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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.60 | ||
| Sortino ratioReturn per unit of downside risk | +4.28 | ||
| Omega ratioGain probability vs. loss probability | 1.53 | 0.99 | +0.54 |
| Calmar ratioReturn relative to maximum drawdown | 5.01 | -0.11 | +5.12 |
| Martin ratioReturn relative to average drawdown | 11.86 | -0.27 | +12.13 |
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Drawdowns
TCMD vs. MDT - Drawdown Comparison
The maximum TCMD drawdown since its inception was -91.41%, which is greater than MDT's maximum drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for TCMD and MDT.
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Drawdown Indicators
| TCMD | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.41% | -57.63% | -33.78% |
Max Drawdown (1Y)Largest decline over 1 year | -32.13% | -28.90% | -3.23% |
Max Drawdown (3Y)Largest decline over 3 years | -63.25% | -28.90% | -34.35% |
Max Drawdown (5Y)Largest decline over 5 years | -88.51% | -45.10% | -43.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.10% | — |
Current DrawdownCurrent decline from peak | -65.33% | -30.86% | -34.47% |
Average DrawdownAverage peak-to-trough decline | -49.42% | -16.55% | -32.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 13.55% | 12.04% | +1.51% |
Volatility
TCMD vs. MDT - Volatility Comparison
The current volatility for Tactile Systems Technology, Inc. (TCMD) is 9.56%, while Medtronic plc (MDT) has a volatility of 10.18%. This indicates that TCMD experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TCMD | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.56% | 10.18% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 35.34% | 16.88% | +18.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 65.82% | 21.42% | +44.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.53% | 22.01% | +38.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.55% | 23.28% | +33.27% |
Dividends
TCMD vs. MDT - Dividend Comparison
TCMD has not paid dividends to shareholders, while MDT's dividend yield for the trailing twelve months is around 3.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDT Medtronic plc | 3.52% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
TCMD Tactile Systems Technology, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TCMD vs. MDT - Financials Comparison
This section allows you to compare key financial metrics between Tactile Systems Technology, Inc. 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
TCMD vs. MDT - 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%.
MDT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Medtronic plc reported a gross profit of 7.44B and revenue of 9.81B. Therefore, the gross margin over that period was 75.9%.
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%.
MDT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Medtronic plc reported an operating income of 1.56B and revenue of 9.81B, resulting in an operating margin of 16.0%.
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%.
MDT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Medtronic plc reported a net income of 1.24B and revenue of 9.81B, resulting in a net margin of 12.7%.
Frequently Asked Questions
TCMD and MDT have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.18%) compared to TCMD (9.56%). In terms of maximum drawdown, TCMD dropped -91.41% vs MDT's -57.63%.
TCMD currently has the higher Sharpe Ratio (2.45 vs -0.15), 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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