THC vs. COST
THC (Tenet Healthcare Corporation) and COST (Costco Wholesale Corporation) are both stocks. THC operates in Medical Care Facilities (Healthcare), while COST operates in Discount Stores (Consumer Defensive). Over the past 10 years, THC returned 19.01%/yr vs 22.34%/yr for COST. At a 0.19 correlation, their price movements are largely independent.
Performance
THC vs. COST - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, THC achieves a -17.05% return, which is significantly lower than COST's 11.85% return. Over the past 10 years, THC has underperformed COST with an annualized return of 19.01%, while COST has yielded a comparatively higher 22.34% annualized return.
THC
- 1D
- 0.76%
- 1M
- -11.07%
- YTD
- -17.05%
- 6M
- -22.00%
- 1Y
- -4.07%
- 3Y*
- 30.26%
- 5Y*
- 19.47%
- 10Y*
- 19.01%
COST
- 1D
- 0.79%
- 1M
- -5.03%
- YTD
- 11.85%
- 6M
- 4.58%
- 1Y
- -8.37%
- 3Y*
- 25.00%
- 5Y*
- 21.24%
- 10Y*
- 22.34%
THC vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
THC Tenet Healthcare Corporation | -17.05% | 57.43% | 67.04% | 54.89% | -40.27% | 104.58% | 5.00% | 121.88% | 13.06% | 2.16% |
COST Costco Wholesale Corporation | 11.85% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 22.37% |
Correlation
The correlation between THC and COST is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Sep 23, 1993 | 0.19 |
The correlation between THC and COST shifts across timeframes, from 0.14 (1 year) to 0.30 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
THC:
$21.43
COST:
$26.51
THC:
7.69
COST:
36.29
THC:
0.08
COST:
2.84
THC:
0.68
COST:
1.09
THC:
$21.46B
COST:
$293.59B
THC:
$12.91B
COST:
$11.12B
THC:
$4.00B
COST:
$12.48B
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
THC vs. COST — Risk / Return Rank
THC
COST
THC vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tenet Healthcare Corporation (THC) and Costco Wholesale Corporation (COST). 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.
| THC | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.34 | ||
| Sortino ratioReturn per unit of downside risk | +0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 0.94 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.12 | -0.44 | +0.32 |
| Martin ratioReturn relative to average drawdown | -0.33 | -0.88 | +0.54 |
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
| THC | COST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.10 | -0.44 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.94 | -0.50 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 1.02 | -0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 0.59 | -0.48 |
Drawdowns
THC vs. COST - Drawdown Comparison
The maximum THC drawdown since its inception was -98.28%, which is greater than COST's maximum drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for THC and COST.
Loading charts...
Drawdown Indicators
| THC | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.28% | -53.39% | -44.89% |
Max Drawdown (1Y)Largest decline over 1 year | -33.17% | -18.95% | -14.22% |
Max Drawdown (3Y)Largest decline over 3 years | -36.90% | -20.74% | -16.16% |
Max Drawdown (5Y)Largest decline over 5 years | -58.88% | -31.40% | -27.48% |
Max Drawdown (10Y)Largest decline over 10 years | -71.68% | -31.40% | -40.28% |
Current DrawdownCurrent decline from peak | -32.66% | -12.11% | -20.55% |
Average DrawdownAverage peak-to-trough decline | -51.56% | -13.36% | -38.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.23% | 9.86% | +2.37% |
Volatility
THC vs. COST - Volatility Comparison
Tenet Healthcare Corporation (THC) has a higher volatility of 11.16% compared to Costco Wholesale Corporation (COST) at 8.05%. This indicates that THC's price experiences larger fluctuations and is considered to be riskier than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| THC | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.16% | 8.05% | +3.11% |
Volatility (6M)Calculated over the trailing 6-month period | 27.61% | 14.83% | +12.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.17% | 19.12% | +20.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.28% | 22.73% | +21.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 56.30% | 21.95% | +34.35% |
Dividends
THC vs. COST - Dividend Comparison
THC has not paid dividends to shareholders, while COST's dividend yield for the trailing twelve months is around 0.56%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.56% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
THC Tenet Healthcare Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
THC vs. COST - Financials Comparison
This section allows you to compare key financial metrics between Tenet Healthcare Corporation and Costco Wholesale Corporation. 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
THC vs. COST - Profitability Comparison
THC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a gross profit of 3.19B and revenue of 5.37B. Therefore, the gross margin over that period was 59.5%.
COST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a gross profit of -17.68B and revenue of 70.53B. Therefore, the gross margin over that period was -25.1%.
THC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported an operating income of 1.30B and revenue of 5.37B, resulting in an operating margin of 24.1%.
COST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported an operating income of 2.82B and revenue of 70.53B, resulting in an operating margin of 4.0%.
THC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tenet Healthcare Corporation reported a net income of 906.00M and revenue of 5.37B, resulting in a net margin of 16.9%.
COST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Costco Wholesale Corporation reported a net income of 2.19B and revenue of 70.53B, resulting in a net margin of 3.1%.
Frequently Asked Questions
THC and COST have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
THC has higher volatility (11.16%) compared to COST (8.05%). In terms of maximum drawdown, THC dropped -98.28% vs COST's -53.39%.
THC currently has the higher Sharpe Ratio (-0.10 vs -0.44), 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 THC and COST
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