AVY vs. MRSH
AVY (Avery Dennison Corporation) and MRSH (Marsh & McLennan Companies, Inc) are both stocks. AVY operates in Business Equipment & Supplies (Industrials), while MRSH operates in Insurance Brokers (Financial Services). Over the past 10 years, AVY returned 9.69%/yr vs 11.75%/yr for MRSH. At a 0.38 correlation, their price movements are largely independent.
Performance
AVY vs. MRSH - Performance Comparison
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Returns By Period
In the year-to-date period, AVY achieves a -11.44% return, which is significantly lower than MRSH's -8.15% return. Over the past 10 years, AVY has underperformed MRSH with an annualized return of 9.69%, while MRSH has yielded a comparatively higher 11.75% annualized return.
AVY
- 1D
- 0.31%
- 1M
- 2.60%
- YTD
- -11.44%
- 6M
- -11.79%
- 1Y
- -6.75%
- 3Y*
- 0.06%
- 5Y*
- -4.53%
- 10Y*
- 9.69%
MRSH
- 1D
- 0.32%
- 1M
- 4.74%
- YTD
- -8.15%
- 6M
- -8.49%
- 1Y
- -20.92%
- 3Y*
- -0.08%
- 5Y*
- 5.55%
- 10Y*
- 11.75%
AVY vs. MRSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AVY Avery Dennison Corporation | -11.44% | -0.73% | -5.95% | 13.66% | -15.06% | 41.41% | 20.86% | 48.54% | -20.28% | 66.75% |
MRSH Marsh & McLennan Companies, Inc | -8.15% | -11.26% | 13.75% | 16.15% | -3.45% | 50.83% | 6.86% | 42.33% | -0.14% | 22.73% |
Correlation
The correlation between AVY and MRSH is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.38 |
The correlation between AVY and MRSH shifts across timeframes, from 0.25 (1 year) to 0.44 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
AVY:
$12.26B
MRSH:
$81.98B
AVY:
$8.87
MRSH:
$7.99
AVY:
17.95
MRSH:
21.11
AVY:
5.99
MRSH:
2.46
AVY:
1.37
MRSH:
3.01
AVY:
5.33
MRSH:
5.54
AVY:
$9.01B
MRSH:
$27.52B
AVY:
$2.59B
MRSH:
$11.66B
AVY:
$1.24B
MRSH:
$6.68B
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Return for Risk
AVY vs. MRSH — Risk / Return Rank
AVY
MRSH
AVY vs. MRSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avery Dennison Corporation (AVY) and Marsh & McLennan Companies, Inc (MRSH). 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.
| AVY | MRSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.54 | ||
| Sortino ratioReturn per unit of downside risk | +0.74 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 0.85 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | -0.80 | +0.38 |
| Martin ratioReturn relative to average drawdown | -0.91 | -1.40 | +0.49 |
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Drawdowns
AVY vs. MRSH - Drawdown Comparison
The maximum AVY drawdown since its inception was -73.03%, which is greater than MRSH's maximum drawdown of -67.46%. Use the drawdown chart below to compare losses from any high point for AVY and MRSH.
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Drawdown Indicators
| AVY | MRSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.03% | -67.46% | -5.57% |
Max Drawdown (1Y)Largest decline over 1 year | -21.62% | -27.01% | +5.39% |
Max Drawdown (3Y)Largest decline over 3 years | -30.56% | -34.36% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -31.80% | -34.36% | +2.56% |
Max Drawdown (10Y)Largest decline over 10 years | -43.52% | -35.80% | -7.72% |
Current DrawdownCurrent decline from peak | -27.73% | -29.62% | +1.89% |
Average DrawdownAverage peak-to-trough decline | -16.79% | -17.41% | +0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.16% | 15.50% | -5.34% |
Volatility
AVY vs. MRSH - Volatility Comparison
Avery Dennison Corporation (AVY) has a higher volatility of 7.39% compared to Marsh & McLennan Companies, Inc (MRSH) at 6.91%. This indicates that AVY's price experiences larger fluctuations and is considered to be riskier than MRSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVY | MRSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.39% | 6.91% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 16.29% | 19.10% | -2.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.82% | 23.47% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.68% | 20.20% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 20.94% | +6.12% |
Dividends
AVY vs. MRSH - Dividend Comparison
AVY's dividend yield for the trailing twelve months is around 2.40%, more than MRSH's 2.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVY Avery Dennison Corporation | 2.40% | 2.03% | 1.84% | 1.57% | 1.62% | 1.23% | 1.52% | 1.73% | 2.24% | 1.53% | 2.28% | 2.33% |
MRSH Marsh & McLennan Companies, Inc | 2.13% | 1.85% | 1.44% | 1.37% | 1.36% | 1.15% | 1.57% | 1.56% | 1.98% | 1.76% | 1.92% | 2.13% |
Financials
AVY vs. MRSH - Financials Comparison
This section allows you to compare key financial metrics between Avery Dennison Corporation and Marsh & McLennan Companies, 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
AVY vs. MRSH - Profitability Comparison
AVY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a gross profit of 664.80M and revenue of 2.30B. Therefore, the gross margin over that period was 28.9%.
MRSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a gross profit of 3.47B and revenue of 7.60B. Therefore, the gross margin over that period was 45.6%.
AVY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported an operating income of 271.90M and revenue of 2.30B, resulting in an operating margin of 11.8%.
MRSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported an operating income of 1.75B and revenue of 7.60B, resulting in an operating margin of 23.1%.
AVY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Avery Dennison Corporation reported a net income of 168.10M and revenue of 2.30B, resulting in a net margin of 7.3%.
MRSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a net income of 1.15B and revenue of 7.60B, resulting in a net margin of 15.1%.
Frequently Asked Questions
AVY and MRSH have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVY has higher volatility (7.39%) compared to MRSH (6.91%). In terms of maximum drawdown, AVY dropped -73.03% vs MRSH's -67.46%.
AVY currently has the higher Sharpe Ratio (-0.39 vs -0.93), 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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