ENEL.MI vs. MRK
ENEL.MI (Enel SpA) and MRK (Merck & Co., Inc.) are both stocks. ENEL.MI operates in Utilities - Diversified (Utilities), while MRK operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, ENEL.MI returned 15.79%/yr vs 11.23%/yr for MRK. At a 0.17 correlation, their price movements are largely independent.
Performance
ENEL.MI vs. MRK - Performance Comparison
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Different Trading Currencies
ENEL.MI is traded in EUR, while MRK is traded in USD. To make them comparable, the MRK values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, ENEL.MI achieves a 13.01% return, which is significantly lower than MRK's 15.69% return. Over the past 10 years, ENEL.MI has outperformed MRK with an annualized return of 15.79%, while MRK has yielded a comparatively lower 11.23% annualized return.
ENEL.MI
- 1D
- 1.35%
- 1M
- 0.72%
- YTD
- 13.01%
- 6M
- 15.09%
- 1Y
- 29.94%
- 3Y*
- 24.05%
- 5Y*
- 10.38%
- 10Y*
- 15.79%
MRK
- 1D
- -1.34%
- 1M
- 5.90%
- YTD
- 15.69%
- 6M
- 22.38%
- 1Y
- 50.76%
- 3Y*
- 3.43%
- 5Y*
- 13.84%
- 10Y*
- 11.23%
ENEL.MI vs. MRK - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ENEL.MI Enel SpA | 13.01% | 36.75% | 8.35% | 42.63% | -23.74% | -11.11% | 22.02% | 47.36% | 2.97% | 27.49% |
MRK Merck & Co., Inc. | 15.69% | -3.24% | -0.07% | -2.02% | 58.68% | 9.37% | -14.85% | 25.03% | 46.52% | -13.59% |
Correlation
The correlation between ENEL.MI and MRK is 0.09, 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 | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.12 |
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007 | 0.17 |
The correlation between ENEL.MI and MRK shifts across timeframes, from 0.06 (3 years) to 0.17 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
ENEL.MI vs. MRK — Risk / Return Rank
ENEL.MI
MRK
ENEL.MI vs. MRK - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Enel SpA (ENEL.MI) and Merck & Co., Inc. (MRK). 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.
| ENEL.MI | MRK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.69 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.65 | 4.32 | -1.67 |
| Martin ratioReturn relative to average drawdown | 7.83 | 11.47 | -3.64 |
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Drawdowns
ENEL.MI vs. MRK - Drawdown Comparison
The maximum ENEL.MI drawdown since its inception was -56.40%, roughly equal to the maximum MRK drawdown of -57.34%. Use the drawdown chart below to compare losses from any high point for ENEL.MI and MRK.
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Drawdown Indicators
| ENEL.MI | MRK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.40% | -57.34% | +0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.99% | -11.88% | +0.89% |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | -45.77% | +31.89% |
Max Drawdown (5Y)Largest decline over 5 years | -47.08% | -45.77% | -1.31% |
Max Drawdown (10Y)Largest decline over 10 years | -50.13% | -45.77% | -4.36% |
Current DrawdownCurrent decline from peak | -3.93% | -12.02% | +8.09% |
Average DrawdownAverage peak-to-trough decline | -15.15% | -15.45% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 4.46% | -0.74% |
Volatility
ENEL.MI vs. MRK - Volatility Comparison
The current volatility for Enel SpA (ENEL.MI) is 5.33%, while Merck & Co., Inc. (MRK) has a volatility of 9.63%. This indicates that ENEL.MI experiences smaller price fluctuations and is considered to be less risky than MRK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ENEL.MI | MRK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.33% | 9.63% | -4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 17.28% | 18.50% | -1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.27% | 27.02% | -7.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.09% | 24.58% | -3.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.78% | 23.95% | -1.17% |
Dividends
ENEL.MI vs. MRK - Dividend Comparison
ENEL.MI's dividend yield for the trailing twelve months is around 4.95%, more than MRK's 2.79% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ENEL.MI Enel SpA | 4.95% | 4.98% | 5.44% | 5.56% | 7.55% | 5.08% | 3.96% | 3.96% | 4.70% | 3.51% | 3.82% | 3.60% |
MRK Merck & Co., Inc. | 2.79% | 3.12% | 3.14% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.43% |
Financials
ENEL.MI vs. MRK - Financials Comparison
This section allows you to compare key financial metrics between Enel SpA and Merck & Co., 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
ENEL.MI and MRK have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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