TMDX vs. TFLO
TMDX (TransMedics Group, Inc.) is a stock, while TFLO (iShares Treasury Floating Rate Bond ETF) is Government Bonds fund tracking the Bloomberg U.S. Treasury Floating Rate Index. Over the past 5 years, TMDX returned 21.66%/yr vs 3.63%/yr for TFLO. At a correlation of -0.05, they often move in opposite directions.
Performance
TMDX vs. TFLO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TMDX achieves a -42.71% return, which is significantly lower than TFLO's 1.59% return.
TMDX
- 1D
- 1.81%
- 1M
- -28.21%
- YTD
- -42.71%
- 6M
- -50.26%
- 1Y
- -45.87%
- 3Y*
- -2.02%
- 5Y*
- 21.66%
- 10Y*
- —
TFLO
- 1D
- 0.02%
- 1M
- 0.31%
- YTD
- 1.59%
- 6M
- 1.92%
- 1Y
- 3.97%
- 3Y*
- 4.74%
- 5Y*
- 3.63%
- 10Y*
- 2.37%
TMDX vs. TFLO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
TMDX TransMedics Group, Inc. | -42.71% | 95.11% | -21.01% | 27.88% | 222.13% | -3.72% | 4.68% | -14.98% |
TFLO iShares Treasury Floating Rate Bond ETF | 1.59% | 4.22% | 5.34% | 5.12% | 1.99% | -0.02% | 0.43% | 1.27% |
Correlation
The correlation between TMDX and TFLO is -0.01, 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 | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since May 3, 2019 | -0.05 |
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
TMDX vs. TFLO — Risk / Return Rank
TMDX
TFLO
TMDX vs. TFLO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransMedics Group, Inc. (TMDX) and iShares Treasury Floating Rate Bond ETF (TFLO). 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.
| TMDX | TFLO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -14.88 | ||
| Sortino ratioReturn per unit of downside risk | -51.88 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 13.94 | -13.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.78 | 201.22 | -202.01 |
| Martin ratioReturn relative to average drawdown | -1.99 | 823.26 | -825.25 |
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
| TMDX | TFLO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.79 | 14.09 | -14.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 10.30 | -10.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 5.21 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.99 | -0.74 |
Drawdowns
TMDX vs. TFLO - Drawdown Comparison
The maximum TMDX drawdown since its inception was -73.69%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for TMDX and TFLO.
Loading charts...
Drawdown Indicators
| TMDX | TFLO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.69% | -5.01% | -68.68% |
Max Drawdown (1Y)Largest decline over 1 year | -58.76% | -0.02% | -58.74% |
Max Drawdown (3Y)Largest decline over 3 years | -67.79% | -0.04% | -67.75% |
Max Drawdown (5Y)Largest decline over 5 years | -67.79% | -0.13% | -67.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -0.16% | — |
Current DrawdownCurrent decline from peak | -60.43% | 0.00% | -60.43% |
Average DrawdownAverage peak-to-trough decline | -31.80% | -0.10% | -31.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.09% | 0.00% | +23.09% |
Volatility
TMDX vs. TFLO - Volatility Comparison
TransMedics Group, Inc. (TMDX) has a higher volatility of 29.84% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.07%. This indicates that TMDX's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TMDX | TFLO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 29.84% | 0.07% | +29.77% |
Volatility (6M)Calculated over the trailing 6-month period | 43.73% | 0.20% | +43.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.11% | 0.28% | +57.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 72.03% | 0.35% | +71.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 71.74% | 0.46% | +71.28% |
Dividends
TMDX vs. TFLO - Dividend Comparison
TMDX has not paid dividends to shareholders, while TFLO's dividend yield for the trailing twelve months is around 3.90%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TFLO iShares Treasury Floating Rate Bond ETF | 3.90% | 4.16% | 5.21% | 4.88% | 1.68% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.31% | 0.15% |
TMDX TransMedics Group, 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% |
Frequently Asked Questions
TMDX and TFLO have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMDX has higher volatility (29.84%) compared to TFLO (0.07%). In terms of maximum drawdown, TMDX dropped -73.69% vs TFLO's -5.01%.
TFLO currently has the higher Sharpe Ratio (14.09 vs -0.79), 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 TMDX and TFLO
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