ALLO vs. ABBV
ALLO (Allogene Therapeutics, Inc.) and ABBV (AbbVie Inc.) are both stocks. Both are in the Healthcare sector — ALLO in Biotechnology, ABBV in Drug Manufacturers - General. Over the past 5 years, ALLO returned -39.07%/yr vs 18.44%/yr for ABBV. At a 0.18 correlation, their price movements are largely independent.
Performance
ALLO vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, ALLO achieves a 45.99% return, which is significantly higher than ABBV's -3.41% return.
ALLO
- 1D
- -2.44%
- 1M
- -11.50%
- YTD
- 45.99%
- 6M
- 31.58%
- 1Y
- 48.15%
- 3Y*
- -29.09%
- 5Y*
- -39.07%
- 10Y*
- —
ABBV
- 1D
- 0.80%
- 1M
- 4.31%
- YTD
- -3.41%
- 6M
- -4.15%
- 1Y
- 19.73%
- 3Y*
- 20.88%
- 5Y*
- 18.44%
- 10Y*
- 17.56%
ALLO vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
ALLO Allogene Therapeutics, Inc. | 45.99% | -35.68% | -33.64% | -48.97% | -57.84% | -40.89% | -2.85% | -3.53% | 7.72% |
ABBV AbbVie Inc. | -3.41% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | 2.73% |
Correlation
The correlation between ALLO and ABBV is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Oct 12, 2018 | 0.18 |
Fundamentals
ALLO:
$480.58M
ABBV:
$385.19B
ALLO:
-$0.77
ABBV:
$2.05
ALLO:
1.72
ABBV:
14.01
ALLO:
$0.00
ABBV:
$62.82B
ALLO:
-$34.22M
ABBV:
$46.15B
ALLO:
-$170.97M
ABBV:
$17.96B
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Return for Risk
ALLO vs. ABBV — Risk / Return Rank
ALLO
ABBV
ALLO vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Allogene Therapeutics, Inc. (ALLO) 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.
| ALLO | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.16 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 1.14 | +0.12 |
| Martin ratioReturn relative to average drawdown | 2.22 | 2.57 | -0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ALLO | ABBV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.56 | 0.83 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.46 | 0.81 | -1.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 0.73 | -1.09 |
Drawdowns
ALLO vs. ABBV - Drawdown Comparison
The maximum ALLO drawdown since its inception was -98.24%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for ALLO and ABBV.
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Drawdown Indicators
| ALLO | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.24% | -45.09% | -53.15% |
Max Drawdown (1Y)Largest decline over 1 year | -38.24% | -17.32% | -20.92% |
Max Drawdown (3Y)Largest decline over 3 years | -84.01% | -20.74% | -63.27% |
Max Drawdown (5Y)Largest decline over 5 years | -96.55% | -21.92% | -74.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -45.09% | — |
Current DrawdownCurrent decline from peak | -96.30% | -9.04% | -87.26% |
Average DrawdownAverage peak-to-trough decline | -65.84% | -10.73% | -55.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.75% | 7.69% | +14.06% |
Volatility
ALLO vs. ABBV - Volatility Comparison
Allogene Therapeutics, Inc. (ALLO) has a higher volatility of 18.17% compared to AbbVie Inc. (ABBV) at 5.42%. This indicates that ALLO's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALLO | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.17% | 5.42% | +12.75% |
Volatility (6M)Calculated over the trailing 6-month period | 70.81% | 17.61% | +53.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.95% | 23.96% | +62.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 85.50% | 22.84% | +62.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 77.99% | 25.74% | +52.25% |
Dividends
ALLO vs. ABBV - Dividend Comparison
ALLO has not paid dividends to shareholders, while ABBV's dividend yield for the trailing twelve months is around 3.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 3.10% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
ALLO Allogene Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ALLO vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Allogene Therapeutics, Inc. 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
Frequently Asked Questions
ALLO and ABBV have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALLO has higher volatility (18.17%) compared to ABBV (5.42%). In terms of maximum drawdown, ALLO dropped -98.24% vs ABBV's -45.09%.
ABBV currently has the higher Sharpe Ratio (0.83 vs 0.56), 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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