MTD correlations (Mettler Toledo)
MTD measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Health Care · Life Sciences Tools & Services
Volatility (ann.)
31.4%
3y weekly
Beta vs S&P 500
1.00
3y weekly
1-year return
+9.5%
price, adjusted
5-year return
-11.4%
price, adjusted
Market cap
$28.2B
latest
P/E ratio
31.7
trailing
Max drawdown
-36.6%
3y, daily closes
MTD over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with MTD
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| A | Agilent Technologies | 0.73 | |
| TMO | Thermo Fisher Scientific | 0.69 | |
| TECH | Bio-Techne | 0.67 | |
| DHR | Danaher Corporation | 0.63 | |
| WAT | Waters Corporation | 0.63 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.59 | |
| DGRO | iShares Core Dividend Growth ETF | 0.58 | |
| VIG | Vanguard Dividend Appreciation ETF | 0.56 | |
| FND | Floor & Decor Holdings, Inc. | 0.56 | |
| STE | Steris | 0.56 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.56 | |
| EVT | Eaton Vance Tax Advantaged Dividend Income Fund | 0.55 | |
| RVTY | Revvity | 0.55 | |
| NNI | Nelnet, Inc. | 0.55 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.55 |
Best diversifiers for MTD
If the goal is offsetting MTD, these tracked assets have historically moved the most on their own terms.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.41 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.38 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.27 | |
| USO | United States Oil Fund | -0.22 | |
| AIIO | Robo.ai Inc. - Class B | -0.19 | |
| MXC | Mexco Energy Corporation | -0.18 | |
| ANNA | AleAnna, Inc. | -0.17 | |
| MOBX | Mobix Labs, Inc. | -0.17 | |
| BTCT | BTC Digital Ltd. | -0.16 | |
| SOC | Sable Offshore Corp. | -0.16 |
MTD vs benchmarks
MTD vs its peers
Get MTD data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/mtd.jsonCorrelations, diversifiers, beta and volatility for MTD, plus one endpoint per pair. API documentation.
