INDB vs IPGP
Comparison between Independent Bank Corp (INDB, Company) and IPG Photonics Corp (IPGP, Company).
INDB is from the Financial Services sector, while IPGP is from the Technology sector.
5-Year PerformanceINDB has outperformed IPGP, delivering a return of +7.7% compared to -14.8%
INDB vs IPGP - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
INDB vs IPGP - Historical Returns
Returns include dividend reinvestment.
INDB vs IPGP - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | INDB | IPGP |
|---|---|---|
| 2026 | +17.73% | +28.89% |
| 2025 | +19.78% | -1.47% |
| 2024 | +2.44% | -31.77% |
| 2023 | -17.02% | +12.49% |
| 2022 | +3.94% | -45.53% |
| 2021 | +15.04% | -21.11% |
| 2020 | -9.78% | +52.78% |
| 2019 | +18.14% | +26.28% |
| 2018 | +3.24% | -49.05% |
| 2017 | +1.19% | +116.77% |
| 2016 | +58.20% | +14.99% |
| 2015 | +13.16% | +20.52% |
| 2014 | +14.22% | -1.63% |
| 2013 | +34.53% | +13.90% |
| 2012 | +6.28% | +90.52% |
| 2011 | -0.44% | +5.74% |
| 2010 | +31.22% | +82.04% |
| 2009 | -17.19% | +24.94% |
| 2008 | +3.50% | -32.76% |
| 2007 | -22.69% | -17.02% |
| 2006 | +25.42% | -6.25% |
| 2005 | -11.86% | N/A |
| 2004 | +21.49% | N/A |
| 2003 | +24.60% | N/A |
| 2002 | +6.74% | N/A |
| 2001 | +81.79% | N/A |
| 2000 | +2.42% | N/A |
| 1999 | -5.83% | N/A |
INDB vs IPGP Drawdown Comparison
The maximum drawdown for INDB was -68.87%, occurring on Mar 9, 2009. Recovery took 1526 trading sessions.
The maximum drawdown for IPGP was -81.13%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The current INDB drawdown is -2.75%. The current IPGP drawdown is -63.37%.
| Rank | INDB | IPGP |
|---|---|---|
| #1 | -68.87% Dec 27, 2006 - Jan 22, 2013 | -81.13% Jan 23, 2018 - Apr 8, 2025 |
| #2 | -52.59% Mar 12, 2021 - Feb 3, 2026 | -75.14% Jan 30, 2007 - Nov 22, 2010 |
| #3 | -42.91% Sep 7, 2018 - Feb 24, 2021 | -55.36% Jul 5, 2011 - Dec 17, 2013 |
| #4 | -33.80% Apr 16, 2002 - Aug 12, 2003 | -27.66% Mar 20, 2015 - Apr 26, 2016 |
| #5 | -31.92% Nov 3, 1999 - Aug 11, 2000 | -25.50% Apr 27, 2016 - Jan 24, 2017 |
| #6 | -30.44% Sep 20, 2000 - Feb 13, 2001 | -21.16% Dec 23, 2013 - Feb 4, 2015 |
| #7 | -29.03% Dec 1, 2004 - Nov 15, 2006 | -18.47% Nov 21, 2017 - Jan 8, 2018 |
| #8 | -27.91% Aug 21, 2001 - Nov 20, 2001 | -17.53% Jun 2, 2011 - Jul 1, 2011 |
| #9 | -20.30% Nov 27, 2015 - Aug 5, 2016 | -11.37% Mar 4, 2011 - Mar 24, 2011 |
| #10 | -17.28% Feb 10, 2004 - Sep 9, 2004 | -10.99% Jan 13, 2011 - Feb 1, 2011 |
| #11 | -15.54% Jan 4, 2017 - Jul 21, 2017 | -10.23% Mar 24, 2011 - Apr 19, 2011 |
| #12 | -14.30% Feb 6, 2026 - Jul 1, 2026 | -9.77% Dec 13, 2006 - Jan 9, 2007 |
| #13 | -13.73% Jul 20, 2015 - Nov 6, 2015 | -8.79% May 3, 2011 - May 20, 2011 |
| #14 | -13.47% Apr 1, 2014 - Oct 31, 2014 | -8.17% Dec 21, 2010 - Jan 11, 2011 |
| #15 | -12.73% Dec 30, 2014 - Mar 16, 2015 | -7.89% Jan 10, 2007 - Jan 30, 2007 |
Correlation
Correlation between INDB and IPGP is 0.74 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (1999 - 2026)
INDB vs IPGP dividend yield comparison.
| Year | INDB | IPGP |
|---|---|---|
| 2026 | 1.51% | 0.00% |
| 2025 | 3.23% | 0.00% |
| 2024 | 3.55% | 0.00% |
| 2023 | 3.34% | 0.00% |
| 2022 | 2.46% | 0.00% |
| 2021 | 2.35% | 0.00% |
| 2020 | 2.52% | 0.00% |
| 2019 | 2.11% | 0.00% |
| 2018 | 2.16% | 0.00% |
| 2017 | 1.83% | 0.00% |
| 2016 | 1.65% | 0.00% |
| 2015 | 2.24% | 0.00% |
| 2014 | 2.24% | 0.00% |
| 2013 | 2.25% | 0.00% |
| 2012 | 2.90% | 0.98% |
| 2011 | 2.78% | 0.00% |
| 2010 | 2.66% | 0.00% |
| 2009 | 3.45% | 0.00% |
| 2008 | 2.75% | 0.00% |
| 2007 | 2.50% | 0.00% |
| 2006 | 1.78% | 0.00% |
| 2005 | 2.10% | 0.00% |
| 2004 | 1.66% | 0.00% |
| 2003 | 1.84% | 0.00% |
| 2002 | 2.11% | 0.00% |
| 2001 | 2.05% | 0.00% |
| 2000 | 3.20% | 0.00% |
| 1999 | 0.80% | 0.00% |
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