TFX vs NOVT
Comparison between Teleflex Incorporated (TFX, Company) and Novanta Inc (NOVT, Company).
TFX is from the Healthcare sector, while NOVT is from the Technology sector.
5-Year PerformanceNOVT has outperformed TFX, delivering a return of +2.3% compared to -19.4%
TFX vs NOVT - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
TFX vs NOVT - Historical Returns
Returns include dividend reinvestment.
TFX vs NOVT - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | TFX | NOVT |
|---|---|---|
| 2026 | +6.67% | +40.62% |
| 2025 | -31.08% | -21.16% |
| 2024 | -28.48% | -7.02% |
| 2023 | +0.39% | +24.91% |
| 2022 | -25.04% | -21.81% |
| 2021 | -18.22% | +49.84% |
| 2020 | +9.16% | +29.17% |
| 2019 | +49.79% | +38.01% |
| 2018 | +2.03% | +24.75% |
| 2017 | +57.65% | +132.02% |
| 2016 | +27.00% | +58.85% |
| 2015 | +15.88% | N/A |
| 2014 | +25.38% | N/A |
| 2013 | +31.83% | N/A |
| 2012 | +18.50% | N/A |
| 2011 | +16.02% | N/A |
| 2010 | -0.68% | N/A |
| 2009 | +9.89% | N/A |
| 2008 | -18.66% | N/A |
| 2007 | -2.40% | N/A |
| 2006 | -0.01% | N/A |
| 2005 | +30.30% | N/A |
| 2004 | +10.15% | N/A |
| 2003 | +10.94% | N/A |
| 2002 | -6.38% | N/A |
| 2001 | +14.62% | N/A |
| 2000 | +43.89% | N/A |
| 1999 | -7.91% | N/A |
TFX vs NOVT Drawdown Comparison
The maximum drawdown for TFX was -76.68%, occurring on Jan 20, 2026. This drawdown has not yet recovered.
The maximum drawdown for NOVT was -46.71%, occurring on Nov 20, 2025. This drawdown has not yet recovered.
The current TFX drawdown is -69.65%. The current NOVT drawdown is -16.06%.
| Rank | TFX | NOVT |
|---|---|---|
| #1 | -76.68% Apr 28, 2021 - Jan 20, 2026 | -46.71% Jul 16, 2024 - Nov 20, 2025 |
| #2 | -53.90% Jul 18, 2007 - Feb 1, 2013 | -38.60% Nov 4, 2021 - Jun 29, 2023 |
| #3 | -42.92% Feb 19, 2020 - Jul 29, 2020 | -34.98% Jul 17, 2023 - Jul 16, 2024 |
| #4 | -40.81% May 23, 2002 - May 18, 2005 | -31.80% Feb 13, 2020 - May 20, 2020 |
| #5 | -29.47% May 17, 2001 - Feb 26, 2002 | -27.81% Aug 27, 2018 - Feb 22, 2019 |
| #6 | -29.34% Apr 5, 2006 - Apr 20, 2007 | -24.96% Jun 28, 2019 - Jan 13, 2020 |
| #7 | -27.33% Nov 16, 1999 - Jun 13, 2000 | -19.00% Nov 21, 2017 - Jan 16, 2018 |
| #8 | -25.98% Sep 8, 2016 - Feb 24, 2017 | -18.56% Jan 26, 2018 - Apr 17, 2018 |
| #9 | -22.04% Sep 2, 2020 - Dec 18, 2020 | -16.09% Aug 6, 2020 - Oct 9, 2020 |
| #10 | -20.48% Jan 29, 2018 - Feb 20, 2019 | -15.54% Feb 12, 2021 - Aug 11, 2021 |
| #11 | -18.49% Jul 12, 2000 - Nov 27, 2000 | -11.81% Jun 5, 2020 - Aug 6, 2020 |
| #12 | -14.69% Aug 9, 2019 - Dec 19, 2019 | -11.56% Apr 12, 2019 - Jun 18, 2019 |
| #13 | -13.31% Apr 10, 2013 - Oct 17, 2013 | -11.54% Jun 14, 2018 - Jul 20, 2018 |
| #14 | -12.73% Dec 28, 2000 - Apr 10, 2001 | -11.40% Jan 5, 2016 - Mar 4, 2016 |
| #15 | -12.61% Oct 3, 2005 - Mar 31, 2006 | -11.16% Sep 24, 2021 - Oct 22, 2021 |
Correlation
Correlation between TFX and NOVT is 0.19 which considered as a very weak or no correlation - the stocks move independently of each other.
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