VLTO vs. DHR
VLTO (Veralto Corporation) and DHR (Danaher Corporation) are both stocks. VLTO operates in Pollution & Treatment Controls (Industrials), while DHR operates in Diagnostics & Research (Healthcare). Over the past year, VLTO returned -13.64% vs -8.22% for DHR. At a 0.46 correlation, their price movements are largely independent.
Performance
VLTO vs. DHR - Performance Comparison
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Returns By Period
In the year-to-date period, VLTO achieves a -15.09% return, which is significantly higher than DHR's -21.65% return.
VLTO
- 1D
- 1.99%
- 1M
- -2.53%
- YTD
- -15.09%
- 6M
- -17.35%
- 1Y
- -13.64%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DHR
- 1D
- 0.44%
- 1M
- 4.05%
- YTD
- -21.65%
- 6M
- -22.19%
- 1Y
- -8.22%
- 3Y*
- -4.85%
- 5Y*
- -5.04%
- 10Y*
- 11.04%
VLTO vs. DHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
VLTO Veralto Corporation | -15.09% | -1.58% | 24.29% | 7.41% |
DHR Danaher Corporation | -21.65% | 0.35% | -0.35% | 7.49% |
Correlation
The correlation between VLTO and DHR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2023 | 0.46 |
Fundamentals
VLTO:
$21.08B
DHR:
$127.28B
VLTO:
$3.88
DHR:
$5.17
VLTO:
21.83
DHR:
34.63
VLTO:
3.78
DHR:
5.16
VLTO:
7.02
DHR:
2.40
VLTO:
$5.59B
DHR:
$24.78B
VLTO:
$3.35B
DHR:
$15.04B
VLTO:
$1.37B
DHR:
$6.69B
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Return for Risk
VLTO vs. DHR — Risk / Return Rank
VLTO
DHR
VLTO vs. DHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Veralto Corporation (VLTO) and Danaher Corporation (DHR). 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.
| VLTO | DHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.58 | ||
| Omega ratioGain probability vs. loss probability | 0.90 | 0.97 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | -0.25 | -0.30 |
| Martin ratioReturn relative to average drawdown | -1.07 | -0.57 | -0.50 |
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Drawdowns
VLTO vs. DHR - Drawdown Comparison
The maximum VLTO drawdown since its inception was -27.09%, smaller than the maximum DHR drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for VLTO and DHR.
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Drawdown Indicators
| VLTO | DHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.09% | -45.80% | +18.71% |
Max Drawdown (1Y)Largest decline over 1 year | -24.79% | -32.97% | +8.18% |
Max Drawdown (3Y)Largest decline over 3 years | — | -41.72% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.81% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.81% | — |
Current DrawdownCurrent decline from peak | -24.99% | -37.89% | +12.90% |
Average DrawdownAverage peak-to-trough decline | -9.14% | -10.24% | +1.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.78% | 14.39% | -1.61% |
Volatility
VLTO vs. DHR - Volatility Comparison
The current volatility for Veralto Corporation (VLTO) is 7.82%, while Danaher Corporation (DHR) has a volatility of 8.73%. This indicates that VLTO experiences smaller price fluctuations and is considered to be less risky than DHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLTO | DHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.82% | 8.73% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 16.91% | 19.34% | -2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.27% | 28.04% | -6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.79% | 27.95% | -5.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.79% | 25.55% | -2.76% |
Dividends
VLTO vs. DHR - Dividend Comparison
VLTO's dividend yield for the trailing twelve months is around 0.57%, less than DHR's 0.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.76% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
VLTO Veralto Corporation | 0.57% | 0.46% | 0.37% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
VLTO vs. DHR - Financials Comparison
This section allows you to compare key financial metrics between Veralto Corporation and Danaher 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
VLTO vs. DHR - Profitability Comparison
VLTO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported a gross profit of 854.00M and revenue of 1.42B. Therefore, the gross margin over that period was 60.1%.
DHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported a gross profit of 3.59B and revenue of 5.95B. Therefore, the gross margin over that period was 60.3%.
VLTO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported an operating income of 338.00M and revenue of 1.42B, resulting in an operating margin of 23.8%.
DHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported an operating income of 1.34B and revenue of 5.95B, resulting in an operating margin of 22.6%.
VLTO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Veralto Corporation reported a net income of 254.00M and revenue of 1.42B, resulting in a net margin of 17.9%.
DHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Danaher Corporation reported a net income of 1.03B and revenue of 5.95B, resulting in a net margin of 17.3%.
Frequently Asked Questions
VLTO and DHR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (8.73%) compared to VLTO (7.82%). In terms of maximum drawdown, VLTO dropped -27.09% vs DHR's -45.80%.
DHR currently has the higher Sharpe Ratio (-0.29 vs -0.65), 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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