TMO vs. ^SP500TR
Compare and contrast key facts about Thermo Fisher Scientific Inc. (TMO) and S&P 500 Total Return (^SP500TR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TMO or ^SP500TR.
Correlation
The correlation between TMO and ^SP500TR is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TMO vs. ^SP500TR - Performance Comparison
Key characteristics
TMO:
0.20
^SP500TR:
2.20
TMO:
0.43
^SP500TR:
2.91
TMO:
1.05
^SP500TR:
1.40
TMO:
0.17
^SP500TR:
3.35
TMO:
0.51
^SP500TR:
13.96
TMO:
7.94%
^SP500TR:
2.03%
TMO:
19.94%
^SP500TR:
12.88%
TMO:
-71.16%
^SP500TR:
-55.25%
TMO:
-15.48%
^SP500TR:
-1.40%
Returns By Period
In the year-to-date period, TMO achieves a 7.58% return, which is significantly higher than ^SP500TR's 2.01% return. Over the past 10 years, TMO has outperformed ^SP500TR with an annualized return of 16.53%, while ^SP500TR has yielded a comparatively lower 13.50% annualized return.
TMO
7.58%
8.42%
4.88%
3.08%
10.83%
16.53%
^SP500TR
2.01%
2.30%
9.66%
25.61%
14.31%
13.50%
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Risk-Adjusted Performance
TMO vs. ^SP500TR — Risk-Adjusted Performance Rank
TMO
^SP500TR
TMO vs. ^SP500TR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thermo Fisher Scientific Inc. (TMO) and S&P 500 Total Return (^SP500TR). 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.
Drawdowns
TMO vs. ^SP500TR - Drawdown Comparison
The maximum TMO drawdown since its inception was -71.16%, which is greater than ^SP500TR's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for TMO and ^SP500TR. For additional features, visit the drawdowns tool.
Volatility
TMO vs. ^SP500TR - Volatility Comparison
Thermo Fisher Scientific Inc. (TMO) and S&P 500 Total Return (^SP500TR) have volatilities of 5.29% and 5.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.