ABBV vs. MSEX
ABBV (AbbVie Inc.) and MSEX (Middlesex Water Company) are both stocks. ABBV operates in Drug Manufacturers - General (Healthcare), while MSEX operates in Utilities - Regulated Water (Utilities). Over the past 10 years, ABBV returned 18.94%/yr vs 5.43%/yr for MSEX. Their 0.20 correlation means their historical movements had little consistent relationship.
Performance
ABBV vs. MSEX - Performance Comparison
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Returns By Period
In the year-to-date period, ABBV achieves a 12.42% return, which is significantly lower than MSEX's 15.19% return. Over the past 10 years, ABBV has outperformed MSEX with an annualized return of 18.94%, while MSEX has yielded a comparatively lower 5.43% annualized return.
ABBV
- 1D
- -2.51%
- 1M
- 0.66%
- 6M
- 14.27%
- YTD
- 12.42%
- 1Y
- 36.88%
- 3Y*
- 23.28%
- 5Y*
- 20.99%
- 10Y*
- 18.94%
- ALL TIME*
- 20.35%
MSEX
- 1D
- 2.67%
- 1M
- 1.29%
- 6M
- 10.88%
- YTD
- 15.19%
- 1Y
- 14.06%
- 3Y*
- -8.48%
- 5Y*
- -9.05%
- 10Y*
- 5.43%
- ALL TIME*
- 10.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ABBV AbbVie Inc. | $1.40B | $1.53B | $1.60B |
| $6.97M | $11.03M | $8.63M |
ABBV vs. MSEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 12.42% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
MSEX Middlesex Water Company | 15.19% | -1.65% | -18.00% | -15.19% | -33.75% | 68.50% | 15.78% | 21.12% | 36.54% | -4.92% |
Correlation
The correlation between ABBV and MSEX is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.18 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.20 |
Fundamentals
ABBV:
$443.24B
MSEX:
$1.07B
ABBV:
$2.05
MSEX:
$3.49
ABBV:
122.29
MSEX:
16.44
ABBV:
7.08
MSEX:
3.82
ABBV:
$62.82B
MSEX:
$206.14M
ABBV:
$46.15B
MSEX:
$65.77M
ABBV:
$17.96B
MSEX:
$91.33M
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Return for Risk
ABBV vs. MSEX — Risk / Return Rank
ABBV
MSEX
ABBV vs. MSEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AbbVie Inc. (ABBV) and Middlesex Water Company (MSEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ABBV | MSEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.95 | ||
| Sortino ratioReturn per unit of downside risk | +1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.11 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.14 | 0.67 | +1.47 |
| Martin ratioReturn relative to average drawdown | 4.73 | 1.16 | +3.57 |
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Drawdowns
ABBV vs. MSEX - Drawdown Comparison
The maximum ABBV drawdown since its inception was -45.09%, smaller than the maximum MSEX drawdown of -60.51%. Use the drawdown chart below to compare losses from any high point for ABBV and MSEX.
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Drawdown Indicators
| ABBV | MSEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.09% | -60.51% | +15.42% |
Max Drawdown (1Y)Largest decline over 1 year | -17.32% | -21.04% | +3.72% |
Max Drawdown (3Y)Largest decline over 3 years | -20.74% | -43.09% | +22.35% |
Max Drawdown (5Y)Largest decline over 5 years | -21.92% | -60.51% | +38.59% |
Max Drawdown (10Y)Largest decline over 10 years | -45.09% | -60.51% | +15.42% |
Current DrawdownCurrent decline from peak | -4.69% | -47.81% | +43.12% |
Average DrawdownAverage peak-to-trough decline | -10.64% | -13.01% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.81% | 12.11% | -4.30% |
Volatility
ABBV vs. MSEX - Volatility Comparison
AbbVie Inc. (ABBV) has a higher volatility of 8.35% compared to Middlesex Water Company (MSEX) at 7.79%. This indicates that ABBV's price experiences larger fluctuations and is considered to be riskier than MSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ABBV | MSEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.35% | 7.79% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 19.56% | 18.68% | +0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.14% | 30.22% | -4.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.46% | 30.45% | -6.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.92% | 32.33% | -6.41% |
Dividends
ABBV vs. MSEX - Dividend Comparison
ABBV's dividend yield for the trailing twelve months is around 2.72%, more than MSEX's 2.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.72% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
MSEX Middlesex Water Company | 2.48% | 2.74% | 2.50% | 1.92% | 1.50% | 1.16% | 1.44% | 1.54% | 1.71% | 2.15% | 1.88% | 2.92% |
Financials
ABBV vs. MSEX - Financials Comparison
This section allows you to compare key financial metrics between AbbVie Inc. and Middlesex Water Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ABBV vs. MSEX - Profitability Comparison
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a gross profit of 12.53B and revenue of 15.00B. Therefore, the gross margin over that period was 83.5%.
MSEX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Middlesex Water Company reported a gross profit of 0.00 and revenue of 56.36M. Therefore, the gross margin over that period was 0.0%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.
MSEX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Middlesex Water Company reported an operating income of 18.23M and revenue of 56.36M, resulting in an operating margin of 32.4%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.
MSEX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Middlesex Water Company reported a net income of 14.77M and revenue of 56.36M, resulting in a net margin of 26.2%.
Frequently Asked Questions
ABBV and MSEX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ABBV has higher volatility (8.35%) compared to MSEX (7.79%). In terms of maximum drawdown, ABBV dropped -45.09% vs MSEX's -60.51%.
ABBV currently has the higher Sharpe Ratio (1.42 vs 0.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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