TEL vs. IDXX
TEL (TE Connectivity Ltd.) and IDXX (IDEXX Laboratories, Inc.) are both stocks. TEL operates in Electronic Components (Technology), while IDXX operates in Diagnostics & Research (Healthcare). Over the past 10 years, TEL returned 14.89%/yr vs 20.23%/yr for IDXX. At a 0.44 correlation, their price movements are largely independent.
Performance
TEL vs. IDXX - Performance Comparison
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Returns By Period
In the year-to-date period, TEL achieves a -9.00% return, which is significantly higher than IDXX's -17.05% return. Over the past 10 years, TEL has underperformed IDXX with an annualized return of 14.89%, while IDXX has yielded a comparatively higher 20.23% annualized return.
TEL
- 1D
- -3.31%
- 1M
- 0.10%
- YTD
- -9.00%
- 6M
- -11.51%
- 1Y
- 26.61%
- 3Y*
- 19.02%
- 5Y*
- 10.43%
- 10Y*
- 14.89%
IDXX
- 1D
- -0.18%
- 1M
- 0.19%
- YTD
- -17.05%
- 6M
- -20.59%
- 1Y
- 6.91%
- 3Y*
- 7.57%
- 5Y*
- -0.19%
- 10Y*
- 20.23%
TEL vs. IDXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEL TE Connectivity Ltd. | -9.00% | 61.60% | 3.51% | 24.62% | -27.66% | 35.12% | 28.95% | 29.37% | -18.87% | 39.88% |
IDXX IDEXX Laboratories, Inc. | -17.05% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
Correlation
The correlation between TEL and IDXX is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2007 | 0.44 |
The correlation between TEL and IDXX shifts across timeframes, from 0.32 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TEL:
$9.78
IDXX:
$18.08
TEL:
21.01
IDXX:
31.04
TEL:
3.89
IDXX:
2.68
TEL:
3.30
IDXX:
7.65
TEL:
$18.52B
IDXX:
$4.45B
TEL:
$6.55B
IDXX:
$2.76B
TEL:
$4.47B
IDXX:
$1.52B
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Return for Risk
TEL vs. IDXX — Risk / Return Rank
TEL
IDXX
TEL vs. IDXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TE Connectivity Ltd. (TEL) and IDEXX Laboratories, Inc. (IDXX). 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.
| TEL | IDXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.09 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 0.22 | +1.06 |
| Martin ratioReturn relative to average drawdown | 2.94 | 0.46 | +2.48 |
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
| TEL | IDXX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 0.17 | +0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | -0.01 | +0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.62 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.51 | -0.13 |
Drawdowns
TEL vs. IDXX - Drawdown Comparison
The maximum TEL drawdown since its inception was -81.07%, roughly equal to the maximum IDXX drawdown of -81.42%. Use the drawdown chart below to compare losses from any high point for TEL and IDXX.
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Drawdown Indicators
| TEL | IDXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.07% | -81.42% | +0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -20.85% | -31.04% | +10.19% |
Max Drawdown (3Y)Largest decline over 3 years | -22.60% | -37.41% | +14.81% |
Max Drawdown (5Y)Largest decline over 5 years | -34.26% | -54.00% | +19.74% |
Max Drawdown (10Y)Largest decline over 10 years | -47.71% | -54.00% | +6.29% |
Current DrawdownCurrent decline from peak | -16.66% | -26.81% | +10.15% |
Average DrawdownAverage peak-to-trough decline | -13.63% | -21.00% | +7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.08% | 15.03% | -5.95% |
Volatility
TEL vs. IDXX - Volatility Comparison
TE Connectivity Ltd. (TEL) has a higher volatility of 9.59% compared to IDEXX Laboratories, Inc. (IDXX) at 8.57%. This indicates that TEL's price experiences larger fluctuations and is considered to be riskier than IDXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TEL | IDXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.59% | 8.57% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 27.70% | 19.89% | +7.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.71% | 41.46% | -7.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.02% | 35.28% | -7.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.35% | 33.01% | -4.66% |
Dividends
TEL vs. IDXX - Dividend Comparison
TEL's dividend yield for the trailing twelve months is around 1.42%, while IDXX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, 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% |
TEL TE Connectivity Ltd. | 1.42% | 1.22% | 1.78% | 1.66% | 1.90% | 1.23% | 1.57% | 1.90% | 2.27% | 1.65% | 2.08% | 1.98% |
Financials
TEL vs. IDXX - Financials Comparison
This section allows you to compare key financial metrics between TE Connectivity Ltd. and IDEXX Laboratories, 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
TEL vs. IDXX - Profitability Comparison
TEL - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a gross profit of 1.75B and revenue of 4.74B. Therefore, the gross margin over that period was 36.8%.
IDXX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a gross profit of 722.74M and revenue of 1.14B. Therefore, the gross margin over that period was 63.4%.
TEL - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported an operating income of 954.00M and revenue of 4.74B, resulting in an operating margin of 20.1%.
IDXX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported an operating income of 362.59M and revenue of 1.14B, resulting in an operating margin of 31.8%.
TEL - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, TE Connectivity Ltd. reported a net income of 855.00M and revenue of 4.74B, resulting in a net margin of 18.0%.
IDXX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a net income of 278.45M and revenue of 1.14B, resulting in a net margin of 24.4%.
Frequently Asked Questions
TEL and IDXX have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEL has higher volatility (9.59%) compared to IDXX (8.57%). In terms of maximum drawdown, TEL dropped -81.07% vs IDXX's -81.42%.
TEL currently has the higher Sharpe Ratio (0.79 vs 0.17), 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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