WAT vs MTB
Comparison between Waters Corp (WAT, Company) and M & T Bank Corp (MTB, Company).
WAT is from the Healthcare sector, while MTB is from the Financial Services sector.
5-Year PerformanceMTB has outperformed WAT, delivering a return of +16.6% compared to -0.9%
WAT vs MTB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
WAT vs MTB - Historical Returns
Returns include dividend reinvestment.
WAT vs MTB - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | WAT | MTB |
|---|---|---|
| 2026 | -1.89% | +23.98% |
| 2025 | +3.14% | +10.48% |
| 2024 | +12.89% | +39.71% |
| 2023 | -4.73% | -1.61% |
| 2022 | -6.04% | -5.85% |
| 2021 | +48.95% | +24.76% |
| 2020 | +5.26% | -22.69% |
| 2019 | +27.39% | +20.18% |
| 2018 | -3.60% | -14.69% |
| 2017 | +41.60% | +11.15% |
| 2016 | +3.10% | +36.28% |
| 2015 | +18.18% | -1.12% |
| 2014 | +13.61% | +11.72% |
| 2013 | +12.73% | +18.22% |
| 2012 | +14.72% | +30.33% |
| 2011 | -5.19% | -10.03% |
| 2010 | +26.09% | +34.50% |
| 2009 | +62.67% | +23.24% |
| 2008 | -52.25% | -25.55% |
| 2007 | +61.76% | -31.82% |
| 2006 | +28.53% | +12.19% |
| 2005 | -17.41% | +4.73% |
| 2004 | +41.27% | +12.23% |
| 2003 | +50.59% | +22.06% |
| 2002 | -43.79% | +10.99% |
| 2001 | -50.87% | +13.92% |
| 2000 | +224.27% | +69.50% |
| 1999 | +4.83% | -16.09% |
WAT vs MTB Drawdown Comparison
The maximum drawdown for WAT was -80.12%, occurring on Jul 22, 2002. Recovery took 2656 trading sessions.
The maximum drawdown for MTB was -73.52%, occurring on Mar 5, 2009. Recovery took 1428 trading sessions.
The current WAT drawdown is -11.76%. The current MTB drawdown is -1.79%.
| Rank | WAT | MTB |
|---|---|---|
| #1 | -80.12% Sep 28, 2000 - Apr 21, 2011 | -73.52% Feb 20, 2007 - Oct 17, 2012 |
| #2 | -44.27% Sep 8, 2021 - Oct 30, 2023 | -52.97% Mar 9, 2018 - Jan 7, 2022 |
| #3 | -35.86% Apr 8, 2019 - Jan 5, 2021 | -40.69% Sep 12, 2022 - Sep 19, 2024 |
| #4 | -28.07% May 19, 2011 - Jun 17, 2013 | -28.19% Nov 25, 2024 - Jan 8, 2026 |
| #5 | -27.49% Mar 6, 2000 - Jun 2, 2000 | -26.75% Nov 2, 1999 - Aug 4, 2000 |
| #6 | -20.65% Jan 29, 2018 - Jan 23, 2019 | -23.95% May 17, 2002 - May 30, 2003 |
| #7 | -19.26% Jul 12, 2000 - Aug 21, 2000 | -23.47% Jul 22, 2015 - Nov 9, 2016 |
| #8 | -17.37% Aug 23, 2016 - Apr 25, 2017 | -19.77% Jul 20, 2001 - Mar 14, 2002 |
| #9 | -17.28% Feb 20, 2014 - Nov 20, 2014 | -18.02% Feb 16, 2022 - Aug 10, 2022 |
| #10 | -16.98% Dec 31, 1999 - Jan 25, 2000 | -16.99% Feb 6, 2026 - Jun 25, 2026 |
| #11 | -16.76% Jun 18, 2015 - Apr 18, 2016 | -16.08% Mar 1, 2017 - Dec 1, 2017 |
| #12 | -13.96% Nov 1, 1999 - Dec 29, 1999 | -15.04% Dec 30, 2003 - Aug 18, 2004 |
| #13 | -13.28% Aug 28, 2000 - Sep 25, 2000 | -13.61% Jan 14, 2022 - Feb 16, 2022 |
| #14 | -11.58% Sep 26, 2013 - Jan 28, 2014 | -12.43% Mar 7, 2001 - Mar 30, 2001 |
| #15 | -10.25% Feb 17, 2000 - Feb 25, 2000 | -12.30% Dec 5, 2014 - Mar 20, 2015 |
Correlation
Correlation between WAT and MTB is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.
Select Stocks to Compare
More Comparisons
Compare with similar stocks