TER vs. PIT
TER (Teradyne, Inc.) is a stock, while PIT (VanEck Commodity Strategy ETF) is Commodities fund actively managed by VanEck. Over the past 3 years, TER returned 41.02%/yr vs 20.59%/yr for PIT. At a 0.10 correlation, their price movements are largely independent.
Performance
TER vs. PIT - Performance Comparison
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Returns By Period
In the year-to-date period, TER achieves a 66.64% return, which is significantly higher than PIT's 35.43% return.
TER
- 1D
- -5.79%
- 1M
- -21.27%
- 6M
- 41.66%
- YTD
- 66.64%
- 1Y
- 251.30%
- 3Y*
- 41.02%
- 5Y*
- 22.35%
- 10Y*
- 32.21%
PIT
- 1D
- -0.47%
- 1M
- 4.46%
- 6M
- 27.62%
- YTD
- 35.43%
- 1Y
- 48.42%
- 3Y*
- 20.59%
- 5Y*
- —
- 10Y*
- —
TER vs. PIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
TER Teradyne, Inc. | 66.64% | 54.39% | 16.51% | 24.78% | -2.67% |
PIT VanEck Commodity Strategy ETF | 35.43% | 21.63% | 6.77% | -4.54% | 1.67% |
Correlation
The correlation between TER and PIT is 0.06, 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 | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Dec 22, 2022 | 0.10 |
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Return for Risk
TER vs. PIT — Risk / Return Rank
TER
PIT
TER vs. PIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) and VanEck Commodity Strategy ETF (PIT). 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 | PIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.38 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 7.58 | 2.83 | +4.75 |
| Martin ratioReturn relative to average drawdown | 27.33 | 9.70 | +17.63 |
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Drawdowns
TER vs. PIT - Drawdown Comparison
The maximum TER drawdown since its inception was -97.30%, which is greater than PIT's maximum drawdown of -17.20%. Use the drawdown chart below to compare losses from any high point for TER and PIT.
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Drawdown Indicators
| TER | PIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.30% | -17.20% | -80.10% |
Max Drawdown (1Y)Largest decline over 1 year | -33.39% | -17.20% | -16.19% |
Max Drawdown (3Y)Largest decline over 3 years | -58.18% | -17.20% | -40.98% |
Max Drawdown (5Y)Largest decline over 5 years | -59.12% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.12% | — | — |
Current DrawdownCurrent decline from peak | -33.39% | -8.57% | -24.82% |
Average DrawdownAverage peak-to-trough decline | -58.57% | -4.25% | -54.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.24% | 5.01% | +4.23% |
Volatility
TER vs. PIT - Volatility Comparison
Teradyne, Inc. (TER) has a higher volatility of 31.11% compared to VanEck Commodity Strategy ETF (PIT) at 6.52%. This indicates that TER's price experiences larger fluctuations and is considered to be riskier than PIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TER | PIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 31.11% | 6.52% | +24.59% |
Volatility (6M)Calculated over the trailing 6-month period | 60.62% | 19.74% | +40.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 73.35% | 22.02% | +51.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.98% | 17.63% | +34.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.24% | 17.63% | +28.61% |
Dividends
TER vs. PIT - Dividend Comparison
TER's dividend yield for the trailing twelve months is around 0.16%, less than PIT's 6.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIT VanEck Commodity Strategy ETF | 6.58% | 8.92% | 3.59% | 6.44% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TER Teradyne, Inc. | 0.16% | 0.25% | 0.38% | 0.41% | 0.50% | 0.24% | 0.33% | 0.53% | 1.15% | 0.67% | 0.94% | 1.16% |
Frequently Asked Questions
TER and PIT have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TER has higher volatility (31.11%) compared to PIT (6.52%). In terms of maximum drawdown, TER dropped -97.30% vs PIT's -17.20%.
TER currently has the higher Sharpe Ratio (3.45 vs 2.21), 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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