TDY vs. TECH
TDY (Teledyne Technologies Incorporated) and TECH (Bio-Techne Corporation) are both stocks. TDY operates in Scientific & Technical Instruments (Technology), while TECH operates in Biotechnology (Healthcare). Over the past 10 years, TDY returned 20.22%/yr vs 10.54%/yr for TECH. Their 0.37 correlation means their historical movements had little consistent relationship.
Performance
TDY vs. TECH - Performance Comparison
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Returns By Period
In the year-to-date period, TDY achieves a 28.36% return, which is significantly higher than TECH's 22.97% return. Over the past 10 years, TDY has outperformed TECH with an annualized return of 20.22%, while TECH has yielded a comparatively lower 10.54% annualized return.
TDY
- 1D
- 0.98%
- 1M
- 0.54%
- 6M
- 5.69%
- YTD
- 28.36%
- 1Y
- 20.36%
- 3Y*
- 18.98%
- 5Y*
- 7.68%
- 10Y*
- 20.22%
- ALL TIME*
- 17.72%
TECH
- 1D
- 0.08%
- 1M
- 1.78%
- 6M
- 12.84%
- YTD
- 22.97%
- 1Y
- 32.13%
- 3Y*
- -3.71%
- 5Y*
- -9.35%
- 10Y*
- 10.54%
- ALL TIME*
- 14.23%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $358.23M | $277.05M | $227.32M | |
| $301.99M | $307.41M | $322.36M |
TDY vs. TECH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TDY Teledyne Technologies Incorporated | 28.36% | 10.04% | 4.00% | 11.60% | -8.46% | 11.46% | 13.11% | 67.35% | 14.31% | 47.28% |
TECH Bio-Techne Corporation | 22.97% | -17.89% | -6.13% | -6.49% | -35.69% | 63.40% | 45.40% | 52.67% | 12.60% | 27.40% |
Correlation
The correlation between TDY and TECH is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.43 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 1999 | 0.37 |
The correlation between TDY and TECH shifts across timeframes, from 0.30 (1 year) to 0.43 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TDY:
$30.39B
TECH:
$11.29B
TDY:
$20.70
TECH:
$0.70
TDY:
31.68
TECH:
103.15
TDY:
4.84
TECH:
9.33
TDY:
2.82
TECH:
5.37
TDY:
$6.37B
TECH:
$1.21B
TDY:
$2.49B
TECH:
$786.49M
TDY:
$1.59B
TECH:
$176.43M
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Return for Risk
TDY vs. TECH — Risk / Return Rank
TDY
TECH
TDY vs. TECH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teledyne Technologies Incorporated (TDY) and Bio-Techne Corporation (TECH). 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.
| TDY | TECH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.04 | 0.83 | +0.20 |
| Martin ratioReturn relative to average drawdown | 2.26 | 2.01 | +0.25 |
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Drawdowns
TDY vs. TECH - Drawdown Comparison
The maximum TDY drawdown since its inception was -66.17%, smaller than the maximum TECH drawdown of -74.39%. Use the drawdown chart below to compare losses from any high point for TDY and TECH.
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Drawdown Indicators
| TDY | TECH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.17% | -74.39% | +8.22% |
Max Drawdown (1Y)Largest decline over 1 year | -18.39% | -39.25% | +20.86% |
Max Drawdown (3Y)Largest decline over 3 years | -18.77% | -48.18% | +29.41% |
Max Drawdown (5Y)Largest decline over 5 years | -32.24% | -67.18% | +34.94% |
Max Drawdown (10Y)Largest decline over 10 years | -48.95% | -67.18% | +18.23% |
Current DrawdownCurrent decline from peak | -4.80% | -45.25% | +40.45% |
Average DrawdownAverage peak-to-trough decline | -17.38% | -24.23% | +6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.42% | 16.20% | -7.78% |
Volatility
TDY vs. TECH - Volatility Comparison
Teledyne Technologies Incorporated (TDY) has a higher volatility of 6.76% compared to Bio-Techne Corporation (TECH) at 1.46%. This indicates that TDY's price experiences larger fluctuations and is considered to be riskier than TECH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDY | TECH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.76% | 1.46% | +5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 19.08% | 39.82% | -20.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.92% | 48.83% | -22.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.40% | 39.78% | -15.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.65% | 34.60% | -6.95% |
Dividends
TDY vs. TECH - Dividend Comparison
TDY has not paid dividends to shareholders, while TECH's dividend yield for the trailing twelve months is around 0.44%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDY Teledyne Technologies Incorporated | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TECH Bio-Techne Corporation | 0.44% | 0.54% | 0.56% | 0.41% | 0.39% | 0.25% | 0.40% | 0.58% | 0.88% | 0.99% | 1.24% | 1.42% |
Financials
TDY vs. TECH - Financials Comparison
This section allows you to compare key financial metrics between Teledyne Technologies Incorporated and Bio-Techne Corporation. 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
TDY vs. TECH - Profitability Comparison
TDY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Teledyne Technologies Incorporated reported a gross profit of 738.10M and revenue of 1.66B. Therefore, the gross margin over that period was 44.4%.
TECH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Bio-Techne Corporation reported a gross profit of 208.29M and revenue of 311.42M. Therefore, the gross margin over that period was 66.9%.
TDY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Teledyne Technologies Incorporated reported an operating income of 333.20M and revenue of 1.66B, resulting in an operating margin of 20.0%.
TECH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Bio-Techne Corporation reported an operating income of 75.50M and revenue of 311.42M, resulting in an operating margin of 24.2%.
TDY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Teledyne Technologies Incorporated reported a net income of 251.70M and revenue of 1.66B, resulting in a net margin of 15.1%.
TECH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Bio-Techne Corporation reported a net income of 51.05M and revenue of 311.42M, resulting in a net margin of 16.4%.
Frequently Asked Questions
TDY and TECH have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TDY has higher volatility (6.76%) compared to TECH (1.46%). In terms of maximum drawdown, TDY dropped -66.17% vs TECH's -74.39%.
TDY currently has the higher Sharpe Ratio (0.74 vs 0.67), 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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