ALC vs Q

Comparison between Alcon Inc (ALC, Company) and Qnity Electronics Inc (Q, Company).

ALC is from the Healthcare sector, while Q is from the Technology sector.

ALC vs Q - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ALC(COMPANY)	Q(COMPANY)
Market Cap	$33B	$33B
Max Drawdown	38.45%	27.12%
Sharpe Ratio	-0.81	1.71
5Y Beta	0.67	2.82
Industry	Medical Instruments & Supplies	Semiconductor Equipment & Materials
P/E Ratio	41.17	45.64
Forward P/E	19.96	40.32
PEG Ratio	1.55	2.66
Dividend Yield	0.53%	0.09%
5Y Dividends CAGR	67.98%	N/A
Debt to Equity	23.78%	0.32%
Free Cash Flow Yield	4.93%	5.71%
P/S Ratio	3.12	6.99
P/B Ratio	1.50	4.63

Market Cap

Winner

ALC

$33B

Max Drawdown

ALC

38.45%

Winner

27.12%

Sharpe Ratio

ALC

-0.81

Winner

1.71

5Y Beta

Winner

ALC

0.67

2.82

Industry

ALC

Medical Instruments & Supplies

Semiconductor Equipment & Materials

P/E Ratio

Winner

ALC

41.17

45.64

Forward P/E

Winner

ALC

19.96

40.32

PEG Ratio

Winner

ALC

1.55

2.66

Dividend Yield

Winner

ALC

0.53%

0.09%

5Y Dividends CAGR

ALC

67.98%

N/A

Debt to Equity

ALC

23.78%

Winner

0.32%

Free Cash Flow Yield

ALC

4.93%

Winner

5.71%

P/S Ratio

Winner

ALC

3.12

6.99

P/B Ratio

Winner

ALC

1.50

4.63

ALC vs Q - Historical Returns

Returns include dividend reinvestment.

Period	ALC	Q
1 month	+0.19%	-3.82%
3 months	-7.85%	+40.35%
6 months	-14.63%	+88.08%
1 year	-21.22%	N/A
5 years(CAGR)	-0.24%	N/A
Max(CAGR)	+2.60%	+114.51%

Winner

ALC

+0.19%

-3.82%

ALC

-7.85%

Winner

+40.35%

ALC

-14.63%

Winner

+88.08%

ALC

-21.22%

N/A

5Y(CAGR)

ALC

-0.24%

N/A

Max(CAGR)

ALC

+2.60%

Winner

+114.51%

ALC vs Q - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	ALC	Q
2026	-11.57%	+86.37%
2025	-4.86%	-15.76%
2024	+10.52%	N/A
2023	+13.58%	N/A
2022	-21.10%	N/A
2021	+32.84%	N/A
2020	+17.05%	N/A
2019	-2.53%	N/A

ALC vs Q Drawdown Comparison

The maximum drawdown for ALC was -37.27%, occurring on May 11, 2026. This drawdown has not yet recovered.

The maximum drawdown for Q was -27.12%, occurring on Nov 24, 2025. Recovery took 52 trading sessions.

The current ALC drawdown is -31.39%. The current Q drawdown is -9.93%.

Rank	ALC	Q
#1	-37.27% Sep 12, 2024 - May 11, 2026	-27.12% Nov 4, 2025 - Jan 21, 2026
#2	-37.19% Feb 20, 2020 - May 29, 2020	-16.96% May 12, 2026 - Jun 18, 2026
#3	-35.96% Dec 29, 2021 - Mar 11, 2024	-15.56% Feb 27, 2026 - Apr 8, 2026
#4	-13.92% Jun 3, 2020 - Nov 9, 2020	-9.93% Jun 22, 2026 - Jun 26, 2026
#5	-13.09% May 10, 2019 - Feb 20, 2020	-9.67% Jan 21, 2026 - Feb 9, 2026
#6	-12.91% Apr 28, 2021 - Aug 18, 2021	-5.21% Feb 11, 2026 - Feb 18, 2026
#7	-11.99% Mar 11, 2024 - May 14, 2024	-4.77% Apr 24, 2026 - May 5, 2026
#8	-11.77% Jan 26, 2021 - Apr 26, 2021	-3.91% May 6, 2026 - May 11, 2026
#9	-10.72% Nov 9, 2021 - Dec 27, 2021	-3.18% Feb 18, 2026 - Feb 24, 2026
#10	-10.69% Sep 15, 2021 - Nov 9, 2021	-2.76% Apr 13, 2026 - Apr 17, 2026
#11	-6.22% Apr 9, 2019 - Apr 26, 2019	-2.35% Apr 20, 2026 - Apr 22, 2026
#12	-5.34% Nov 16, 2020 - Dec 29, 2020	N/A
#13	-4.67% Jul 31, 2024 - Aug 16, 2024	N/A
#14	-4.54% Jun 12, 2024 - Jul 24, 2024	N/A
#15	-3.72% May 22, 2024 - Jun 5, 2024	N/A

Correlation

Correlation between ALC and Q is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101