TER vs. FIX
TER (Teradyne, Inc.) and FIX (Comfort Systems USA, Inc.) are both stocks. TER operates in Semiconductor Equipment & Materials (Technology), while FIX operates in Engineering & Construction (Industrials). Over the past 10 years, TER returned 36.09%/yr vs 51.27%/yr for FIX. At a 0.35 correlation, their price movements are largely independent.
Performance
TER vs. FIX - Performance Comparison
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Returns By Period
In the year-to-date period, TER achieves a 108.47% return, which is significantly higher than FIX's 101.37% return. Over the past 10 years, TER has underperformed FIX with an annualized return of 36.09%, while FIX has yielded a comparatively higher 51.27% annualized return.
TER
- 1D
- 5.72%
- 1M
- 19.38%
- YTD
- 108.47%
- 6M
- 108.68%
- 1Y
- 386.56%
- 3Y*
- 54.13%
- 5Y*
- 26.29%
- 10Y*
- 36.09%
FIX
- 1D
- 1.85%
- 1M
- -5.78%
- YTD
- 101.37%
- 6M
- 94.15%
- 1Y
- 281.93%
- 3Y*
- 128.82%
- 5Y*
- 86.97%
- 10Y*
- 51.27%
TER vs. FIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TER Teradyne, Inc. | 108.47% | 54.39% | 16.51% | 24.78% | -46.35% | 36.81% | 76.73% | 118.93% | -24.37% | 66.16% |
FIX Comfort Systems USA, Inc. | 101.37% | 120.86% | 106.89% | 79.62% | 16.98% | 88.98% | 6.73% | 15.07% | 0.73% | 32.13% |
Correlation
The correlation between TER and FIX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jun 27, 1997 | 0.35 |
Over the past year, TER and FIX have become more correlated (0.59) than their long-term average of 0.35, meaning their price movements have been converging.
Fundamentals
TER:
$63.56B
FIX:
$66.19B
TER:
$5.38
FIX:
$34.64
TER:
75.00
FIX:
54.21
TER:
16.91
FIX:
6.54
TER:
20.22
FIX:
23.51
TER:
$3.79B
FIX:
$10.14B
TER:
$2.23B
FIX:
$2.55B
TER:
$1.11B
FIX:
$1.70B
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Return for Risk
TER vs. FIX — Risk / Return Rank
TER
FIX
TER vs. FIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) and Comfort Systems USA, Inc. (FIX). 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 | FIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.66 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 13.97 | 17.58 | -3.61 |
| Martin ratioReturn relative to average drawdown | 49.81 | 59.47 | -9.66 |
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Drawdowns
TER vs. FIX - Drawdown Comparison
The maximum TER drawdown since its inception was -97.30%, roughly equal to the maximum FIX drawdown of -93.36%. Use the drawdown chart below to compare losses from any high point for TER and FIX.
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Drawdown Indicators
| TER | FIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.30% | -93.36% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -26.73% | -15.78% | -10.95% |
Max Drawdown (3Y)Largest decline over 3 years | -58.18% | -46.05% | -12.13% |
Max Drawdown (5Y)Largest decline over 5 years | -59.12% | -46.05% | -13.07% |
Max Drawdown (10Y)Largest decline over 10 years | -59.12% | -49.68% | -9.44% |
Current DrawdownCurrent decline from peak | -3.52% | -8.03% | +4.51% |
Average DrawdownAverage peak-to-trough decline | -58.67% | -38.06% | -20.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.49% | 4.66% | +2.83% |
Volatility
TER vs. FIX - Volatility Comparison
Teradyne, Inc. (TER) has a higher volatility of 25.00% compared to Comfort Systems USA, Inc. (FIX) at 15.34%. This indicates that TER's price experiences larger fluctuations and is considered to be riskier than FIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TER | FIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.00% | 15.34% | +9.66% |
Volatility (6M)Calculated over the trailing 6-month period | 53.10% | 38.30% | +14.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.20% | 54.05% | +13.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 50.20% | 44.66% | +5.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.31% | 42.44% | +2.87% |
Dividends
TER vs. FIX - Dividend Comparison
TER's dividend yield for the trailing twelve months is around 0.12%, less than FIX's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIX Comfort Systems USA, Inc. | 0.14% | 0.21% | 0.28% | 0.41% | 0.49% | 0.49% | 0.81% | 0.79% | 0.76% | 0.68% | 0.83% | 0.88% |
TER Teradyne, Inc. | 0.12% | 0.25% | 0.38% | 0.41% | 0.50% | 0.24% | 0.33% | 0.53% | 1.15% | 0.67% | 0.94% | 1.16% |
Financials
TER vs. FIX - Financials Comparison
This section allows you to compare key financial metrics between Teradyne, Inc. and Comfort Systems USA, 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
TER vs. FIX - Profitability Comparison
TER - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported a gross profit of 780.95M and revenue of 1.28B. Therefore, the gross margin over that period was 60.9%.
FIX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a gross profit of 754.41M and revenue of 2.87B. Therefore, the gross margin over that period was 26.3%.
TER - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported an operating income of 473.00M and revenue of 1.28B, resulting in an operating margin of 36.9%.
FIX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported an operating income of 485.72M and revenue of 2.87B, resulting in an operating margin of 17.0%.
TER - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Teradyne, Inc. reported a net income of 398.91M and revenue of 1.28B, resulting in a net margin of 31.1%.
FIX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Comfort Systems USA, Inc. reported a net income of 370.38M and revenue of 2.87B, resulting in a net margin of 12.9%.
Frequently Asked Questions
TER and FIX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TER has higher volatility (25.00%) compared to FIX (15.34%). In terms of maximum drawdown, TER dropped -97.30% vs FIX's -93.36%.
TER currently has the higher Sharpe Ratio (5.56 vs 5.13), 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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