CODI vs. ABBV

Last updated Jun 4, 2026

CODI (Compass Diversified) and ABBV (AbbVie Inc.) are both stocks. CODI operates in Conglomerates (Industrials), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, CODI returned 2.08%/yr vs 17.56%/yr for ABBV. At a 0.17 correlation, their price movements are largely independent.

Performance

CODI vs. ABBV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Compass Diversified (CODI) and AbbVie Inc. (ABBV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CODI achieves a 122.71% return, which is significantly higher than ABBV's -3.41% return. Over the past 10 years, CODI has underperformed ABBV with an annualized return of 2.08%, while ABBV has yielded a comparatively higher 17.56% annualized return.

CODI

• 1D: -2.64%
• 1M: -9.18%
• YTD: 122.71%
• 6M: 46.44%
• 1Y: 53.81%
• 3Y*: -16.75%
• 5Y*: -12.52%
• 10Y*: 2.08%

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%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CODI vs. ABBV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CODI Compass Diversified	122.71%	-78.64%	7.53%	29.38%	-37.72%	71.52%	-15.53%	116.86%	-20.11%	2.77%
ABBV AbbVie Inc.	-3.41%	33.08%	18.86%	-0.23%	24.01%	32.43%	27.72%	1.47%	-0.96%	60.07%

Correlation

The correlation between CODI and ABBV is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.04
Correlation (3Y) Calculated over the trailing 3-year period	0.11
Correlation (5Y) Calculated over the trailing 5-year period	0.11
Correlation (10Y) Calculated over the trailing 10-year period	0.15
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.17

The correlation between CODI and ABBV shifts across timeframes, from 0.04 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap CODI : $804.27M ABBV : $385.19B
EPS CODI : -$3.02 ABBV : $2.05
PS Ratio CODI : 0.44 ABBV : 6.13
PB Ratio CODI : 2.01 ABBV : 14.01
Total Revenue (TTM) CODI : $1.85B ABBV : $62.82B
Gross Profit (TTM) CODI : $714.56M ABBV : $46.15B
EBITDA (TTM) CODI : -$10.06M ABBV : $17.96B

Return for Risk

CODI vs. ABBV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CODI

CODI Risk / Return Rank: 64
CODI Sharpe Ratio Rank: 66
CODI Sortino Ratio Rank: 65
CODI Omega Ratio Rank: 63
CODI Calmar Ratio Rank: 64
CODI Martin Ratio Rank: 63

ABBV

ABBV Risk / Return Rank: 62
ABBV Sharpe Ratio Rank: 66
ABBV Sortino Ratio Rank: 60
ABBV Omega Ratio Rank: 59
ABBV Calmar Ratio Rank: 63
ABBV Martin Ratio Rank: 63

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CODI vs. ABBV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Compass Diversified (CODI) 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.

	CODI	ABBV	Difference
Sharpe ratio Return per unit of total volatility	0.78	0.83	-0.05
Sortino ratio Return per unit of downside risk	1.48	1.30	+0.18
Omega ratio Gain probability vs. loss probability	1.19	1.16	+0.02
Calmar ratio Return relative to maximum drawdown	1.18	1.14	+0.03
Martin ratio Return relative to average drawdown	2.61	2.57	+0.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CODI vs. ABBV - Sharpe Ratio Comparison

The current CODI Sharpe Ratio is 0.78, which is comparable to the ABBV Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of CODI and ABBV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CODI	ABBV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.78	0.83	-0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.81	-1.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	0.68	-0.64
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.73	-0.58

Drawdowns

CODI vs. ABBV - Drawdown Comparison

The maximum CODI drawdown since its inception was -83.30%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for CODI and ABBV.

Drawdown Indicators

	CODI	ABBV	Difference
Max Drawdown Largest peak-to-trough decline	-83.30%	-45.09%	-38.21%
Max Drawdown (1Y) Largest decline over 1 year	-45.93%	-17.32%	-28.61%
Max Drawdown (3Y) Largest decline over 3 years	-80.32%	-20.74%	-59.58%
Max Drawdown (5Y) Largest decline over 5 years	-83.30%	-21.92%	-61.38%
Max Drawdown (10Y) Largest decline over 10 years	-83.30%	-45.09%	-38.21%
Current Drawdown Current decline from peak	-61.61%	-9.04%	-52.57%
Average Drawdown Average peak-to-trough decline	-17.22%	-10.73%	-6.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	20.66%	7.69%	+12.97%

Volatility

CODI vs. ABBV - Volatility Comparison

Compass Diversified (CODI) has a higher volatility of 8.13% compared to AbbVie Inc. (ABBV) at 5.42%. This indicates that CODI'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.

Volatility by Period

	CODI	ABBV	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	5.42%	+2.71%
Volatility (6M) Calculated over the trailing 6-month period	52.61%	17.61%	+35.00%
Volatility (1Y) Calculated over the trailing 1-year period	69.58%	23.96%	+45.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.50%	22.84%	+28.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.18%	25.74%	+16.44%

Dividends

CODI vs. ABBV - Dividend Comparison

CODI 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%
CODI Compass Diversified	0.00%	10.42%	4.33%	4.45%	5.49%	7.59%	7.40%	5.79%	11.57%	8.50%	8.04%	9.06%

Financials

CODI vs. ABBV - Profitability Comparison

The chart below illustrates the profitability comparison between Compass Diversified and AbbVie Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CODI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Compass Diversified reported a gross profit of 189.36M and revenue of 426.86M. Therefore, the gross margin over that period was 44.4%.

ABBV - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 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%.

CODI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Compass Diversified reported an operating income of -1.93M and revenue of 426.86M, resulting in an operating margin of -0.5%.

ABBV - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported an operating income of 4.73B and revenue of 15.00B, resulting in an operating margin of 31.6%.

CODI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Compass Diversified reported a net income of -30.76M and revenue of 426.86M, resulting in a net margin of -7.2%.

ABBV - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, AbbVie Inc. reported a net income of 699.00M and revenue of 15.00B, resulting in a net margin of 4.7%.

Frequently Asked Questions

Can I hold both CODI and ABBV in my portfolio?

CODI and ABBV have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CODI or ABBV?

CODI has higher volatility (8.13%) compared to ABBV (5.42%). In terms of maximum drawdown, CODI dropped -83.30% vs ABBV's -45.09%.

Which has better risk-adjusted returns?

ABBV currently has the higher Sharpe Ratio (0.83 vs 0.78), 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.