CODI vs. ABBV
Compare and contrast key facts about Compass Diversified (CODI) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CODI or ABBV.
Correlation
The correlation between CODI and ABBV is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CODI vs. ABBV - Performance Comparison
Key characteristics
CODI:
0.45
ABBV:
0.84
CODI:
0.80
ABBV:
1.16
CODI:
1.10
ABBV:
1.19
CODI:
0.43
ABBV:
1.05
CODI:
1.67
ABBV:
2.88
CODI:
7.82%
ABBV:
6.95%
CODI:
28.77%
ABBV:
23.75%
CODI:
-56.83%
ABBV:
-45.09%
CODI:
-18.35%
ABBV:
-13.88%
Fundamentals
CODI:
$1.81B
ABBV:
$309.92B
CODI:
-$1.89
ABBV:
$2.88
CODI:
2.71
ABBV:
0.42
CODI:
$2.07B
ABBV:
$55.53B
CODI:
$912.44M
ABBV:
$42.68B
CODI:
$249.48M
ABBV:
$24.24B
Returns By Period
In the year-to-date period, CODI achieves a 8.79% return, which is significantly lower than ABBV's 17.45% return. Over the past 10 years, CODI has underperformed ABBV with an annualized return of 11.60%, while ABBV has yielded a comparatively higher 15.26% annualized return.
CODI
8.79%
1.70%
10.10%
11.01%
4.96%
11.60%
ABBV
17.45%
4.66%
4.83%
19.28%
19.53%
15.26%
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Risk-Adjusted Performance
CODI vs. ABBV - Risk-Adjusted Performance 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.
Dividends
CODI vs. ABBV - Dividend Comparison
CODI's dividend yield for the trailing twelve months is around 4.28%, more than ABBV's 3.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CODI Compass Diversified | 4.28% | 4.45% | 5.49% | 7.59% | 7.40% | 5.79% | 11.57% | 8.50% | 8.04% | 9.06% | 8.86% | 7.34% |
ABBV AbbVie Inc. | 3.53% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% | 3.03% |
Drawdowns
CODI vs. ABBV - Drawdown Comparison
The maximum CODI drawdown since its inception was -56.83%, 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. For additional features, visit the drawdowns tool.
Volatility
CODI vs. ABBV - Volatility Comparison
Compass Diversified (CODI) and AbbVie Inc. (ABBV) have volatilities of 6.99% and 6.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CODI vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Compass Diversified 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