VALE vs. DGX
VALE (Vale S.A.) and DGX (Quest Diagnostics Incorporated) are both stocks. VALE operates in Other Industrial Metals & Mining (Basic Materials), while DGX operates in Diagnostics & Research (Healthcare). Over the past 10 years, VALE returned 22.05%/yr vs 12.33%/yr for DGX. At a 0.22 correlation, their price movements are largely independent.
Performance
VALE vs. DGX - Performance Comparison
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Returns By Period
In the year-to-date period, VALE achieves a 20.57% return, which is significantly higher than DGX's 18.06% return. Over the past 10 years, VALE has outperformed DGX with an annualized return of 22.05%, while DGX has yielded a comparatively lower 12.33% annualized return.
VALE
- 1D
- 2.28%
- 1M
- -6.71%
- YTD
- 20.57%
- 6M
- 23.80%
- 1Y
- 73.31%
- 3Y*
- 12.85%
- 5Y*
- 2.38%
- 10Y*
- 22.05%
DGX
- 1D
- -0.38%
- 1M
- 6.40%
- YTD
- 18.06%
- 6M
- 12.22%
- 1Y
- 15.46%
- 3Y*
- 16.40%
- 5Y*
- 11.96%
- 10Y*
- 12.33%
VALE vs. DGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VALE Vale S.A. | 20.57% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
DGX Quest Diagnostics Incorporated | 18.06% | 17.20% | 11.77% | -10.05% | -7.80% | 47.86% | 14.11% | 31.13% | -13.84% | 9.16% |
Correlation
The correlation between VALE and DGX is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Mar 21, 2002 | 0.22 |
The correlation between VALE and DGX shifts across timeframes, from 0.09 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
Fundamentals
VALE:
$67.15B
DGX:
$22.74B
VALE:
$0.65
DGX:
$9.10
VALE:
24.04
DGX:
22.31
VALE:
1.70
DGX:
2.03
VALE:
1.83
DGX:
3.09
VALE:
$39.53B
DGX:
$11.28B
VALE:
$13.65B
DGX:
$3.75B
VALE:
$14.33B
DGX:
$1.98B
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Return for Risk
VALE vs. DGX — Risk / Return Rank
VALE
DGX
VALE vs. DGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vale S.A. (VALE) and Quest Diagnostics Incorporated (DGX). 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.
| VALE | DGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.62 | ||
| Sortino ratioReturn per unit of downside risk | +1.66 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.14 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 1.34 | +2.37 |
| Martin ratioReturn relative to average drawdown | 12.21 | 2.79 | +9.42 |
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Drawdowns
VALE vs. DGX - Drawdown Comparison
The maximum VALE drawdown since its inception was -92.78%, which is greater than DGX's maximum drawdown of -49.46%. Use the drawdown chart below to compare losses from any high point for VALE and DGX.
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Drawdown Indicators
| VALE | DGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.78% | -49.46% | -43.32% |
Max Drawdown (1Y)Largest decline over 1 year | -19.85% | -11.55% | -8.30% |
Max Drawdown (3Y)Largest decline over 3 years | -41.94% | -16.57% | -25.37% |
Max Drawdown (5Y)Largest decline over 5 years | -49.79% | -28.62% | -21.17% |
Max Drawdown (10Y)Largest decline over 10 years | -57.60% | -36.60% | -21.00% |
Current DrawdownCurrent decline from peak | -11.84% | -3.76% | -8.08% |
Average DrawdownAverage peak-to-trough decline | -36.69% | -11.89% | -24.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.02% | 5.56% | +0.46% |
Volatility
VALE vs. DGX - Volatility Comparison
Vale S.A. (VALE) has a higher volatility of 9.16% compared to Quest Diagnostics Incorporated (DGX) at 6.09%. This indicates that VALE's price experiences larger fluctuations and is considered to be riskier than DGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VALE | DGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 6.09% | +3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 26.35% | 16.94% | +9.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.06% | 23.01% | +9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.47% | 21.81% | +13.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.84% | 23.79% | +17.05% |
Dividends
VALE vs. DGX - Dividend Comparison
VALE's dividend yield for the trailing twelve months is around 3.66%, more than DGX's 1.61% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGX Quest Diagnostics Incorporated | 1.61% | 1.82% | 1.96% | 2.02% | 1.66% | 1.40% | 1.85% | 1.99% | 2.34% | 1.83% | 1.72% | 2.07% |
VALE Vale S.A. | 3.66% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
VALE vs. DGX - Financials Comparison
This section allows you to compare key financial metrics between Vale S.A. and Quest Diagnostics Incorporated. 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
VALE vs. DGX - Profitability Comparison
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
DGX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported a gross profit of 942.00M and revenue of 2.90B. Therefore, the gross margin over that period was 32.5%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
DGX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported an operating income of 399.00M and revenue of 2.90B, resulting in an operating margin of 13.8%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
DGX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quest Diagnostics Incorporated reported a net income of 252.00M and revenue of 2.90B, resulting in a net margin of 8.7%.
Frequently Asked Questions
VALE and DGX have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VALE has higher volatility (9.16%) compared to DGX (6.09%). In terms of maximum drawdown, VALE dropped -92.78% vs DGX's -49.46%.
VALE currently has the higher Sharpe Ratio (2.30 vs 0.68), 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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