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^TNX vs. KMB
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between ^TNX and KMB is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.0

Performance

^TNX vs. KMB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Treasury Yield 10 Years (^TNX) and Kimberly-Clark Corporation (KMB). The values are adjusted to include any dividend payments, if applicable.

0.00%200.00%400.00%600.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
-19.30%
676.85%
^TNX
KMB

Key characteristics

Sharpe Ratio

^TNX:

0.75

KMB:

0.81

Sortino Ratio

^TNX:

1.25

KMB:

1.17

Omega Ratio

^TNX:

1.14

KMB:

1.18

Calmar Ratio

^TNX:

0.30

KMB:

0.85

Martin Ratio

^TNX:

1.62

KMB:

3.46

Ulcer Index

^TNX:

10.31%

KMB:

4.21%

Daily Std Dev

^TNX:

22.26%

KMB:

17.95%

Max Drawdown

^TNX:

-93.78%

KMB:

-39.69%

Current Drawdown

^TNX:

-43.61%

KMB:

-9.98%

Returns By Period

In the year-to-date period, ^TNX achieves a 17.02% return, which is significantly higher than KMB's 12.03% return. Over the past 10 years, ^TNX has outperformed KMB with an annualized return of 7.22%, while KMB has yielded a comparatively lower 4.50% annualized return.


^TNX

YTD

17.02%

1M

2.68%

6M

6.27%

1Y

16.18%

5Y*

18.78%

10Y*

7.22%

KMB

YTD

12.03%

1M

-2.85%

6M

-4.22%

1Y

13.98%

5Y*

2.49%

10Y*

4.50%

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Risk-Adjusted Performance

^TNX vs. KMB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Treasury Yield 10 Years (^TNX) and Kimberly-Clark Corporation (KMB). 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.


Sharpe ratio
The chart of Sharpe ratio for ^TNX, currently valued at 0.75, compared to the broader market0.001.002.000.750.81
The chart of Sortino ratio for ^TNX, currently valued at 1.25, compared to the broader market-1.000.001.002.003.001.251.17
The chart of Omega ratio for ^TNX, currently valued at 1.14, compared to the broader market0.901.001.101.201.301.401.141.18
The chart of Calmar ratio for ^TNX, currently valued at 0.30, compared to the broader market0.001.002.003.000.300.85
The chart of Martin ratio for ^TNX, currently valued at 1.62, compared to the broader market0.005.0010.0015.0020.001.623.46
^TNX
KMB

The current ^TNX Sharpe Ratio is 0.75, which is comparable to the KMB Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of ^TNX and KMB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.75
0.81
^TNX
KMB

Drawdowns

^TNX vs. KMB - Drawdown Comparison

The maximum ^TNX drawdown since its inception was -93.78%, which is greater than KMB's maximum drawdown of -39.69%. Use the drawdown chart below to compare losses from any high point for ^TNX and KMB. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-43.61%
-9.98%
^TNX
KMB

Volatility

^TNX vs. KMB - Volatility Comparison

Treasury Yield 10 Years (^TNX) has a higher volatility of 6.15% compared to Kimberly-Clark Corporation (KMB) at 4.04%. This indicates that ^TNX's price experiences larger fluctuations and is considered to be riskier than KMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JulyAugustSeptemberOctoberNovemberDecember
6.15%
4.04%
^TNX
KMB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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