SOLV vs ONON
Comparison between Solventum Corp (SOLV, Company) and On Holding AG Class A (ONON, Company).
SOLV is from the Healthcare sector, while ONON is from the Consumer Cyclical sector.
SOLV vs ONON - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
SOLV
$13B
ONON
$13B
Max Drawdown
Winner
SOLV
39.97%
ONON
68.90%
Sharpe Ratio
Winner
SOLV
0.14
ONON
-0.51
5Y Beta
Winner
SOLV
0.84
ONON
1.39
Industry
SOLV
Medical Instruments & Supplies
ONON
Footwear & Accessories
P/E Ratio
Winner
SOLV
9.14
ONON
41.02
Forward P/E
Winner
SOLV
11.38
ONON
23.42
PEG Ratio
Winner
SOLV
0.03
ONON
1.11
Debt to Equity
SOLV
102.23%
Winner
ONON
33.86%
Free Cash Flow Yield
SOLV
-1.55%
Winner
ONON
2.96%
SOLV vs ONON - Historical Returns
Returns include dividend reinvestment.
1M
SOLV
-0.92%
Winner
ONON
+2.05%
3M
Winner
SOLV
+12.41%
ONON
-0.44%
6M
Winner
SOLV
-6.51%
ONON
-19.77%
1Y
Winner
SOLV
+3.86%
ONON
-25.04%
5Y(CAGR)
SOLV
N/A
ONON
+2.24%
Max(CAGR)
SOLV
-2.60%
Winner
ONON
+2.24%
SOLV vs ONON - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | SOLV | ONON |
|---|---|---|
| 2026 | -4.54% | -17.19% |
| 2025 | +20.19% | -16.06% |
| 2024 | -17.43% | +104.67% |
| 2023 | N/A | +58.00% |
| 2022 | N/A | -55.64% |
| 2021 | N/A | +8.03% |
SOLV vs ONON Drawdown Comparison
The maximum drawdown for SOLV was -39.97%, occurring on Jul 9, 2024. Recovery took 229 trading sessions.
The maximum drawdown for ONON was -68.90%, occurring on Oct 10, 2022. Recovery took 717 trading sessions.
The current SOLV drawdown is -12.43%. The current ONON drawdown is -38.89%.
| Rank | SOLV | ONON |
|---|---|---|
| #1 | -39.97% Mar 26, 2024 - Feb 25, 2025 | -68.90% Nov 17, 2021 - Sep 26, 2024 |
| #2 | -27.46% Jan 9, 2026 - Apr 7, 2026 | -49.89% Jan 30, 2025 - Mar 30, 2026 |
| #3 | -25.02% Feb 26, 2025 - Nov 25, 2025 | -25.31% Sep 17, 2021 - Nov 5, 2021 |
| #4 | -7.87% Nov 25, 2025 - Jan 9, 2026 | -10.53% Oct 8, 2024 - Nov 11, 2024 |
| #5 | N/A | -8.46% Dec 3, 2024 - Jan 21, 2025 |
| #6 | N/A | -7.04% Nov 5, 2021 - Nov 16, 2021 |
| #7 | N/A | -4.58% Sep 26, 2024 - Oct 4, 2024 |
| #8 | N/A | -3.49% Nov 14, 2024 - Nov 19, 2024 |
| #9 | N/A | -2.53% Oct 4, 2024 - Oct 8, 2024 |
| #10 | N/A | -2.32% Jan 21, 2025 - Jan 23, 2025 |
| #11 | N/A | -0.97% Nov 25, 2024 - Dec 2, 2024 |
| #12 | N/A | -0.91% Jan 23, 2025 - Jan 28, 2025 |
| #13 | N/A | -0.17% Nov 11, 2024 - Nov 14, 2024 |
Correlation
Correlation between SOLV and ONON is 0.29 which considered as a very weak or no correlation - the stocks move independently of each other.
0.29
-101
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