TER vs. ANAB

Last updated Aug 1, 2026

TER (Teradyne, Inc.) and ANAB (AnaptysBio, Inc.) are both stocks. TER operates in Semiconductor Equipment & Materials (Technology), while ANAB operates in Biotechnology (Healthcare). Over the past 5 years, TER returned 24.17%/yr vs 28.35%/yr for ANAB. Their 0.26 correlation means their historical movements had little consistent relationship.

Performance

TER vs. ANAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Teradyne, Inc. (TER) and AnaptysBio, Inc. (ANAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TER achieves a 90.11% return, which is significantly higher than ANAB's 65.10% return.

TER

• 1D: 0.60%
• 1M: -13.96%
• 6M: 52.66%
• YTD: 90.11%
• 1Y: 243.14%
• 3Y*: 49.54%
• 5Y*: 24.17%
• 10Y*: 34.90%
• ALL TIME*: 11.43%

ANAB

• 1D: -3.05%
• 1M: -18.45%
• 6M: 68.83%
• YTD: 65.10%
• 1Y: 226.03%
• 3Y*: 57.31%
• 5Y*: 28.35%
• 10Y*: —
• ALL TIME*: 18.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ANAB AnaptysBio, Inc.	$39.97M	$46.98M	$40.05M
TER Teradyne, Inc.	$1.53B	$1.39B	$1.68B

TER vs. ANAB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TER Teradyne, Inc.	90.11%	54.39%	16.51%	24.78%	-46.35%	36.81%	76.73%	118.93%	-24.37%	55.16%
ANAB AnaptysBio, Inc.	65.10%	266.16%	-38.19%	-30.88%	-10.82%	61.63%	32.31%	-74.53%	-36.67%	529.50%

Correlation

The correlation between TER and ANAB is 0.27, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.27
Correlation (3Y) Balances recent behavior with more history.	0.24
Correlation (5Y) Shows whether the relationship held over a longer period.	0.27
Correlation (All Time) Calculated using the full available price history since Jan 26, 2017	0.26

Fundamentals

Market Cap TER : $57.56B ANAB : $2.30B
EPS TER : $7.28 ANAB : -$0.90
PS Ratio TER : 13.02 ANAB : 6.82
PB Ratio TER : 0.02 ANAB : 120.10
Total Revenue (TTM) TER : $4.46B ANAB : $232.39M
Gross Profit (TTM) TER : $2.65B ANAB : $245.59M
EBITDA (TTM) TER : $1.42B ANAB : $52.72M

Return for Risk

TER vs. ANAB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TER

TER Risk / Return Rank: 96
TER Sharpe Ratio Rank: 98
TER Sortino Ratio Rank: 94
TER Omega Ratio Rank: 94
TER Calmar Ratio Rank: 98
TER Martin Ratio Rank: 98

ANAB

ANAB Risk / Return Rank: 96
ANAB Sharpe Ratio Rank: 98
ANAB Sortino Ratio Rank: 94
ANAB Omega Ratio Rank: 94
ANAB Calmar Ratio Rank: 98
ANAB Martin Ratio Rank: 97

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TER vs. ANAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) and AnaptysBio, Inc. (ANAB). 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.

	TER	ANAB	Difference
Sharpe ratio: Return per unit of total volatility	3.31	3.10	+0.22
Sortino ratio: Return per unit of downside risk	3.19	3.35	-0.16
Omega ratio: Gain probability vs. loss probability	1.44	1.45	-0.01
Calmar ratio: Return relative to maximum drawdown	7.20	8.14	-0.93
Martin ratio: Return relative to average drawdown	22.29	19.84	+2.45

TER vs. ANAB - Sharpe Ratio Comparison

The current TER Sharpe Ratio is 3.31, which is comparable to the ANAB Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of TER and ANAB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TER vs. ANAB - Drawdown Comparison

The maximum TER drawdown since its inception was -97.30%, which is greater than ANAB's maximum drawdown of -92.08%. Use the drawdown chart below to compare losses from any high point for TER and ANAB.

Drawdown Indicators

	TER	ANAB	Difference
Max Drawdown Largest peak-to-trough decline	-97.30%	-92.08%	-5.22%
Max Drawdown (1Y) Largest decline over 1 year	-33.98%	-27.96%	-6.02%
Max Drawdown (3Y) Largest decline over 3 years	-58.18%	-69.32%	+11.14%
Max Drawdown (5Y) Largest decline over 5 years	-59.12%	-69.32%	+10.20%
Max Drawdown (10Y) Largest decline over 10 years	-59.12%	—	—
Current Drawdown Current decline from peak	-24.01%	-37.74%	+13.73%
Average Drawdown Average peak-to-trough decline	-58.54%	-64.17%	+5.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.96%	11.45%	-0.49%

Volatility

TER vs. ANAB - Volatility Comparison

Teradyne, Inc. (TER) has a higher volatility of 29.42% compared to AnaptysBio, Inc. (ANAB) at 27.46%. This indicates that TER's price experiences larger fluctuations and is considered to be riskier than ANAB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TER	ANAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.42%	27.46%	+1.96%
Volatility (6M) Calculated over the trailing 6-month period	63.50%	51.26%	+12.24%
Volatility (1Y) Calculated over the trailing 1-year period	73.88%	73.55%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	52.71%	66.36%	-13.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	46.68%	75.51%	-28.83%

Dividends

TER vs. ANAB - Dividend Comparison

TER's dividend yield for the trailing twelve months is around 0.14%, while ANAB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ANAB AnaptysBio, 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%
TER Teradyne, Inc.	0.14%	0.25%	0.38%	0.41%	0.50%	0.24%	0.33%	0.53%	1.15%	0.67%	0.94%	1.16%

Financials

Frequently Asked Questions

Can I hold both TER and ANAB in my portfolio?

TER and ANAB have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TER or ANAB?

TER has higher volatility (29.42%) compared to ANAB (27.46%). In terms of maximum drawdown, TER dropped -97.30% vs ANAB's -92.08%.

Which has better risk-adjusted returns?

TER currently has the higher Sharpe Ratio (3.31 vs 3.10), 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.