ONON vs MDGL

Comparison between On Holding AG Class A (ONON, Company) and Madrigal Pharmaceuticals Inc (MDGL, Company).

ONON is from the Consumer Cyclical sector, while MDGL is from the Healthcare sector.

5-Year PerformanceMDGL has outperformed ONON, delivering a return of +31.6% compared to +0.2%

ONON vs MDGL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ONON(COMPANY)	MDGL(COMPANY)
Market Cap	$12B	$12B
Max Drawdown	68.90%	98.40%
Sharpe Ratio	-0.66	1.35
5Y Beta	1.40	0.73
Industry	Footwear & Accessories	Biotechnology
P/E Ratio	47.62	-38.17
Forward P/E	23.53	666.67
5Y EPS CAGR	N/A	23.26%
Debt to Equity	35.59%	62.62%
Free Cash Flow Yield	2.97%	-2.29%

Market Cap

ONON

$12B

Winner

MDGL

$12B

Max Drawdown

Winner

ONON

68.90%

MDGL

98.40%

Sharpe Ratio

ONON

-0.66

Winner

MDGL

1.35

5Y Beta

ONON

1.40

Winner

MDGL

0.73

Industry

ONON

Footwear & Accessories

MDGL

Biotechnology

P/E Ratio

ONON

47.62

Winner

MDGL

-38.17

Forward P/E

Winner

ONON

23.53

MDGL

666.67

5Y EPS CAGR

ONON

N/A

MDGL

23.26%

Debt to Equity

Winner

ONON

35.59%

MDGL

62.62%

Free Cash Flow Yield

Winner

ONON

2.97%

MDGL

-2.29%

ONON vs MDGL - Historical Returns

Returns include dividend reinvestment.

Period	ONON	MDGL
1 month	+3.54%	-1.29%
3 months	-21.84%	+11.65%
6 months	-16.51%	+0.77%
1 year	-38.31%	+75.67%
5 years(CAGR)	+0.24%	+31.57%
10 years(CAGR)	N/A	+43.22%
Max(CAGR)	+0.24%	+2.57%

Winner

ONON

+3.54%

MDGL

-1.29%

ONON

-21.84%

Winner

MDGL

+11.65%

ONON

-16.51%

Winner

MDGL

+0.77%

ONON

-38.31%

Winner

MDGL

+75.67%

5Y(CAGR)

ONON

+0.24%

Winner

MDGL

+31.57%

10Y(CAGR)

ONON

N/A

MDGL

+43.22%

Max(CAGR)

ONON

+0.24%

Winner

MDGL

+2.57%

ONON vs MDGL - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	ONON	MDGL
2026	-24.60%	-12.63%
2025	-16.06%	+85.59%
2024	+104.67%	+36.02%
2023	+58.00%	-18.93%
2022	-55.64%	+222.07%
2021	+8.03%	-22.80%
2020	N/A	+22.60%
2019	N/A	-18.06%
2018	N/A	+15.71%
2017	N/A	+475.13%
2016	N/A	+28.97%
2015	N/A	-87.74%
2014	N/A	-49.62%
2013	N/A	-45.64%
2012	N/A	+84.46%
2011	N/A	-24.56%
2010	N/A	+10.87%
2009	N/A	-17.99%
2008	N/A	-3.62%
2007	N/A	-26.29%

ONON vs MDGL Drawdown Comparison

The maximum drawdown for ONON was -68.90%, occurring on Oct 10, 2022. Recovery took 717 trading sessions.

The maximum drawdown for MDGL was -98.40%, occurring on Feb 11, 2016. Recovery took 3162 trading sessions.

The current ONON drawdown is -44.36%. The current MDGL drawdown is -13.93%.

Rank	ONON	MDGL
#1	-68.90% Nov 17, 2021 - Sep 26, 2024	-98.40% Jan 28, 2013 - Aug 22, 2025
#2	-49.89% Jan 30, 2025 - Mar 30, 2026	-87.64% Oct 5, 2007 - Jan 22, 2013
#3	-25.31% Sep 17, 2021 - Nov 5, 2021	-51.43% Jun 4, 2007 - Oct 4, 2007
#4	-10.53% Oct 8, 2024 - Nov 11, 2024	-29.36% Dec 22, 2025 - Mar 3, 2026
#5	-8.46% Dec 3, 2024 - Jan 21, 2025	-18.88% Feb 9, 2007 - Jun 4, 2007
#6	-7.04% Nov 5, 2021 - Nov 16, 2021	-10.10% Sep 30, 2025 - Nov 5, 2025
#7	-4.58% Sep 26, 2024 - Oct 4, 2024	-9.42% Nov 26, 2025 - Dec 22, 2025
#8	-3.49% Nov 14, 2024 - Nov 19, 2024	-8.01% Sep 8, 2025 - Sep 30, 2025
#9	-2.53% Oct 4, 2024 - Oct 8, 2024	-4.91% Nov 11, 2025 - Nov 17, 2025
#10	-2.32% Jan 21, 2025 - Jan 23, 2025	-4.32% Jan 23, 2013 - Jan 25, 2013
#11	-0.97% Nov 25, 2024 - Dec 2, 2024	-3.02% Nov 18, 2025 - Nov 24, 2025
#12	-0.91% Jan 23, 2025 - Jan 28, 2025	-1.52% Aug 29, 2025 - Sep 8, 2025
#13	-0.17% Nov 11, 2024 - Nov 14, 2024	-0.59% Aug 22, 2025 - Aug 26, 2025