ABT vs. ABBV
Compare and contrast key facts about Abbott Laboratories (ABT) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ABT or ABBV.
Correlation
The correlation between ABT and ABBV is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ABT vs. ABBV - Performance Comparison
Key characteristics
ABT:
0.32
ABBV:
0.63
ABT:
0.60
ABBV:
0.92
ABT:
1.07
ABBV:
1.15
ABT:
0.23
ABBV:
0.78
ABT:
0.72
ABBV:
2.22
ABT:
8.02%
ABBV:
6.69%
ABT:
17.81%
ABBV:
23.57%
ABT:
-45.66%
ABBV:
-45.09%
ABT:
-15.78%
ABBV:
-15.81%
Fundamentals
ABT:
$197.97B
ABBV:
$308.14B
ABT:
$3.28
ABBV:
$2.86
ABT:
34.71
ABBV:
60.56
ABT:
2.22
ABBV:
0.41
ABT:
$41.22B
ABBV:
$55.53B
ABT:
$22.55B
ABBV:
$42.68B
ABT:
$10.76B
ABBV:
$24.24B
Returns By Period
In the year-to-date period, ABT achieves a 4.36% return, which is significantly lower than ABBV's 14.81% return. Over the past 10 years, ABT has underperformed ABBV with an annualized return of 11.49%, while ABBV has yielded a comparatively higher 14.43% annualized return.
ABT
4.36%
-2.83%
9.96%
7.07%
7.19%
11.49%
ABBV
14.81%
4.02%
2.90%
15.50%
19.01%
14.43%
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Risk-Adjusted Performance
ABT vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Abbott Laboratories (ABT) and AbbVie Inc. (ABBV). 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.
Dividends
ABT vs. ABBV - Dividend Comparison
ABT's dividend yield for the trailing twelve months is around 1.95%, less than ABBV's 3.61% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Abbott Laboratories | 1.95% | 1.85% | 1.71% | 1.28% | 1.32% | 1.47% | 1.55% | 1.86% | 2.71% | 2.14% | 1.95% | 1.46% |
AbbVie Inc. | 3.61% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% | 3.03% |
Drawdowns
ABT vs. ABBV - Drawdown Comparison
The maximum ABT drawdown since its inception was -45.66%, roughly equal to the maximum ABBV drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for ABT and ABBV. For additional features, visit the drawdowns tool.
Volatility
ABT vs. ABBV - Volatility Comparison
The current volatility for Abbott Laboratories (ABT) is 3.43%, while AbbVie Inc. (ABBV) has a volatility of 6.50%. This indicates that ABT experiences smaller price fluctuations and is considered to be less risky than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ABT vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Abbott Laboratories and AbbVie Inc.. 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