TDG vs. CBOE
TDG (TransDigm Group Incorporated) and CBOE (Cboe Global Markets, Inc.) are both stocks. TDG operates in Aerospace & Defense (Industrials), while CBOE operates in Financial Data & Stock Exchanges (Financial Services). Over the past 10 years, TDG returned 22.15%/yr vs 17.38%/yr for CBOE. At a 0.19 correlation, their price movements are largely independent.
Performance
TDG vs. CBOE - Performance Comparison
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Returns By Period
In the year-to-date period, TDG achieves a -9.29% return, which is significantly lower than CBOE's 12.19% return. Over the past 10 years, TDG has outperformed CBOE with an annualized return of 22.15%, while CBOE has yielded a comparatively lower 17.38% annualized return.
TDG
- 1D
- -2.62%
- 1M
- -0.72%
- YTD
- -9.29%
- 6M
- -10.46%
- 1Y
- -12.05%
- 3Y*
- 20.83%
- 5Y*
- 16.93%
- 10Y*
- 22.15%
CBOE
- 1D
- -0.56%
- 1M
- -19.41%
- YTD
- 12.19%
- 6M
- 11.21%
- 1Y
- 27.25%
- 3Y*
- 27.99%
- 5Y*
- 21.30%
- 10Y*
- 17.38%
TDG vs. CBOE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDG TransDigm Group Incorporated | -9.29% | 12.15% | 32.27% | 66.57% | 1.77% | 2.82% | 10.51% | 84.41% | 23.83% | 19.84% |
CBOE Cboe Global Markets, Inc. | 12.19% | 29.96% | 10.74% | 44.37% | -2.16% | 42.23% | -21.17% | 24.16% | -20.60% | 70.49% |
Correlation
The correlation between TDG and CBOE is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.03 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2010 | 0.19 |
The correlation between TDG and CBOE shifts across timeframes, from -0.07 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.
Fundamentals
TDG:
$70.21B
CBOE:
$29.43B
TDG:
$34.79
CBOE:
$11.77
TDG:
34.67
CBOE:
23.83
TDG:
1.03
CBOE:
0.44
TDG:
7.38
CBOE:
6.14
TDG:
$9.50B
CBOE:
$4.79B
TDG:
$5.61B
CBOE:
$2.50B
TDG:
$4.78B
CBOE:
$1.87B
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Return for Risk
TDG vs. CBOE — Risk / Return Rank
TDG
CBOE
TDG vs. CBOE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransDigm Group Incorporated (TDG) and Cboe Global Markets, Inc. (CBOE). 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.
| TDG | CBOE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.45 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 0.94 | 1.20 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 1.11 | -1.59 |
| Martin ratioReturn relative to average drawdown | -0.83 | 5.44 | -6.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TDG | CBOE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.44 | 1.01 | -1.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.92 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.69 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.66 | +0.19 |
Drawdowns
TDG vs. CBOE - Drawdown Comparison
The maximum TDG drawdown since its inception was -62.64%, which is greater than CBOE's maximum drawdown of -43.23%. Use the drawdown chart below to compare losses from any high point for TDG and CBOE.
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Drawdown Indicators
| TDG | CBOE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.64% | -43.23% | -19.41% |
Max Drawdown (1Y)Largest decline over 1 year | -25.30% | -24.69% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -25.30% | -24.69% | -0.61% |
Max Drawdown (5Y)Largest decline over 5 years | -25.30% | -24.69% | -0.61% |
Max Drawdown (10Y)Largest decline over 10 years | -62.64% | -43.23% | -19.41% |
Current DrawdownCurrent decline from peak | -20.46% | -23.40% | +2.94% |
Average DrawdownAverage peak-to-trough decline | -7.95% | -11.40% | +3.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.58% | 5.02% | +9.56% |
Volatility
TDG vs. CBOE - Volatility Comparison
The current volatility for TransDigm Group Incorporated (TDG) is 7.72%, while Cboe Global Markets, Inc. (CBOE) has a volatility of 15.60%. This indicates that TDG experiences smaller price fluctuations and is considered to be less risky than CBOE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDG | CBOE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 15.60% | -7.88% |
Volatility (6M)Calculated over the trailing 6-month period | 21.00% | 23.74% | -2.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.63% | 27.02% | +0.61% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.81% | 23.17% | +4.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.78% | 25.32% | +8.46% |
Dividends
TDG vs. CBOE - Dividend Comparison
TDG's dividend yield for the trailing twelve months is around 7.46%, more than CBOE's 1.03% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBOE Cboe Global Markets, Inc. | 1.03% | 1.08% | 1.21% | 1.18% | 1.56% | 1.38% | 1.68% | 1.12% | 1.19% | 0.83% | 1.30% | 1.36% |
TDG TransDigm Group Incorporated | 7.46% | 6.77% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% | 0.00% |
Financials
TDG vs. CBOE - Financials Comparison
This section allows you to compare key financial metrics between TransDigm Group Incorporated and Cboe Global Markets, 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
TDG vs. CBOE - Profitability Comparison
TDG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TransDigm Group Incorporated reported a gross profit of 1.51B and revenue of 2.54B. Therefore, the gross margin over that period was 59.4%.
CBOE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported a gross profit of 669.90M and revenue of 1.27B. Therefore, the gross margin over that period was 52.6%.
TDG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TransDigm Group Incorporated reported an operating income of 1.18B and revenue of 2.54B, resulting in an operating margin of 46.3%.
CBOE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported an operating income of 505.60M and revenue of 1.27B, resulting in an operating margin of 39.7%.
TDG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TransDigm Group Incorporated reported a net income of 535.00M and revenue of 2.54B, resulting in a net margin of 21.0%.
CBOE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cboe Global Markets, Inc. reported a net income of 385.70M and revenue of 1.27B, resulting in a net margin of 30.3%.
Frequently Asked Questions
TDG and CBOE have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBOE has higher volatility (15.60%) compared to TDG (7.72%). In terms of maximum drawdown, TDG dropped -62.64% vs CBOE's -43.23%.
CBOE currently has the higher Sharpe Ratio (1.01 vs -0.44), 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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