Both in Surgical Instruments

Merit Medical Systems vs iRhythm Holdings

Over the past year MMSI returned −1.3% and IRTC returned −33.3%; their daily moves had a correlation of 0.46.

MMSI −1.3% IRTC −33.3%Growth of $1, one year, split-adjusted
MetricMMSIIRTC
Price$86.24$123.37
Market cap$5.17B$4.07B
Today−7.66%−3.47%
1 month+0.1%+11.1%
6 months+39.1%+2.1%
Year to date−2.2%−30.5%
1 year+6.0%−33.4%
Revenue growth (YoY)+8.4%+20.1%
Gross margin48.2%72.8%
Net margin10.2%−0.2%
P/E (TTM)32.3×—
Price / sales3.2×4.9×
Net cash-$233.9M-$59.8M
Dividend yield——
Volatility (60d)26.2%40.7%
Short % of float6.5%9.5%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).