TEX vs. DE
TEX (Terex Corporation) and DE (Deere & Company) are both stocks. Both operate in the Farm & Heavy Construction Machinery industry within the Industrials sector. Over the past 10 years, TEX returned 12.99%/yr vs 23.24%/yr for DE. At a 0.44 correlation, their price movements are largely independent.
Performance
TEX vs. DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TEX achieves a 17.71% return, which is significantly lower than DE's 26.73% return. Over the past 10 years, TEX has underperformed DE with an annualized return of 12.99%, while DE has yielded a comparatively higher 23.24% annualized return.
TEX
- 1D
- 2.20%
- 1M
- 6.18%
- YTD
- 17.71%
- 6M
- 26.47%
- 1Y
- 39.15%
- 3Y*
- 7.87%
- 5Y*
- 4.76%
- 10Y*
- 12.99%
DE
- 1D
- 1.56%
- 1M
- 1.71%
- YTD
- 26.73%
- 6M
- 22.88%
- 1Y
- 16.15%
- 3Y*
- 18.24%
- 5Y*
- 11.99%
- 10Y*
- 23.24%
TEX vs. DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TEX Terex Corporation | 17.71% | 17.25% | -18.59% | 36.10% | -1.44% | 27.22% | 17.82% | 9.67% | -42.22% | 54.26% |
DE Deere & Company | 26.73% | 11.39% | 7.56% | -5.48% | 26.59% | 28.86% | 57.96% | 18.30% | -2.90% | 54.83% |
Correlation
The correlation between TEX and DE is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.52 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.59 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 1990 | 0.44 |
The correlation between TEX and DE shifts across timeframes, from 0.44 (all time) to 0.59 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
TEX:
$2.24
DE:
$17.76
TEX:
27.96
DE:
33.13
TEX:
2.34
DE:
7.79
TEX:
0.52
DE:
3.47
TEX:
$5.93B
DE:
$46.01B
TEX:
$1.03B
DE:
$16.40B
TEX:
$449.00M
DE:
$11.54B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TEX vs. DE — Risk / Return Rank
TEX
DE
TEX vs. DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Terex Corporation (TEX) and Deere & Company (DE). 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.
| TEX | DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.40 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.13 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.39 | 0.81 | +0.58 |
| Martin ratioReturn relative to average drawdown | 3.82 | 1.73 | +2.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| TEX | DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 0.54 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 0.41 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.77 | -0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.39 | -0.29 |
Drawdowns
TEX vs. DE - Drawdown Comparison
The maximum TEX drawdown since its inception was -91.96%, which is greater than DE's maximum drawdown of -73.27%. Use the drawdown chart below to compare losses from any high point for TEX and DE.
Loading charts...
Drawdown Indicators
| TEX | DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.96% | -73.27% | -18.69% |
Max Drawdown (1Y)Largest decline over 1 year | -28.29% | -19.90% | -8.39% |
Max Drawdown (3Y)Largest decline over 3 years | -51.25% | -21.59% | -29.66% |
Max Drawdown (5Y)Largest decline over 5 years | -51.25% | -33.81% | -17.44% |
Max Drawdown (10Y)Largest decline over 10 years | -74.15% | -37.91% | -36.24% |
Current DrawdownCurrent decline from peak | -23.80% | -10.94% | -12.86% |
Average DrawdownAverage peak-to-trough decline | -51.43% | -18.62% | -32.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.27% | 9.34% | +0.93% |
Volatility
TEX vs. DE - Volatility Comparison
Terex Corporation (TEX) has a higher volatility of 13.77% compared to Deere & Company (DE) at 10.52%. This indicates that TEX's price experiences larger fluctuations and is considered to be riskier than DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TEX | DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.77% | 10.52% | +3.25% |
Volatility (6M)Calculated over the trailing 6-month period | 34.67% | 24.32% | +10.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.18% | 29.83% | +17.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.14% | 29.37% | +14.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 45.16% | 30.38% | +14.78% |
Dividends
TEX vs. DE - Dividend Comparison
TEX's dividend yield for the trailing twelve months is around 1.09%, which matches DE's 1.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DE Deere & Company | 1.10% | 1.39% | 1.42% | 1.33% | 1.05% | 1.14% | 1.13% | 1.75% | 1.84% | 1.53% | 2.33% | 3.15% |
TEX Terex Corporation | 1.09% | 1.27% | 1.47% | 1.11% | 1.22% | 1.09% | 0.34% | 1.48% | 1.45% | 0.66% | 0.89% | 1.30% |
Financials
TEX vs. DE - Financials Comparison
This section allows you to compare key financial metrics between Terex Corporation and Deere & Company. 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
TEX vs. DE - Profitability Comparison
TEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Terex Corporation reported a gross profit of 206.00M and revenue of 1.73B. Therefore, the gross margin over that period was 11.9%.
DE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a gross profit of 3.33B and revenue of 9.61B. Therefore, the gross margin over that period was 34.7%.
TEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Terex Corporation reported an operating income of -82.00M and revenue of 1.73B, resulting in an operating margin of -4.7%.
DE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported an operating income of 1.56B and revenue of 9.61B, resulting in an operating margin of 16.2%.
TEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Terex Corporation reported a net income of -89.00M and revenue of 1.73B, resulting in a net margin of -5.1%.
DE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Deere & Company reported a net income of 656.00M and revenue of 9.61B, resulting in a net margin of 6.8%.
Frequently Asked Questions
TEX and DE have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TEX has higher volatility (13.77%) compared to DE (10.52%). In terms of maximum drawdown, TEX dropped -91.96% vs DE's -73.27%.
TEX currently has the higher Sharpe Ratio (0.84 vs 0.54), 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.
Find the right allocation for TEX and DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer