FIVN vs. MKTX
FIVN (Five9, Inc.) and MKTX (MarketAxess Holdings Inc.) are both stocks. FIVN operates in Software - Infrastructure (Technology), while MKTX operates in Capital Markets (Financial Services). Over the past 10 years, FIVN returned 5.11%/yr vs -0.65%/yr for MKTX. At a 0.24 correlation, their price movements are largely independent.
Performance
FIVN vs. MKTX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIVN achieves a -4.94% return, which is significantly higher than MKTX's -34.15% return. Over the past 10 years, FIVN has outperformed MKTX with an annualized return of 5.11%, while MKTX has yielded a comparatively lower -0.65% annualized return.
FIVN
- 1D
- 1.28%
- 1M
- -16.26%
- YTD
- -4.94%
- 6M
- -3.44%
- 1Y
- -28.21%
- 3Y*
- -37.29%
- 5Y*
- -36.39%
- 10Y*
- 5.11%
MKTX
- 1D
- 0.90%
- 1M
- -13.83%
- YTD
- -34.15%
- 6M
- -34.87%
- 1Y
- -45.49%
- 3Y*
- -22.19%
- 5Y*
- -22.84%
- 10Y*
- -0.65%
FIVN vs. MKTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIVN Five9, Inc. | -4.94% | -50.66% | -48.35% | 15.96% | -50.58% | -21.26% | 165.93% | 50.00% | 75.72% | 75.33% |
MKTX MarketAxess Holdings Inc. | -34.15% | -18.54% | -21.58% | 6.11% | -31.50% | -27.51% | 51.28% | 80.66% | 5.63% | 38.28% |
Correlation
The correlation between FIVN and MKTX is 0.07, 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 | 0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.22 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Apr 4, 2014 | 0.24 |
The correlation between FIVN and MKTX shifts across timeframes, from 0.07 (3 years) to 0.25 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
FIVN:
$1.64B
MKTX:
$4.18B
FIVN:
$0.65
MKTX:
$8.45
FIVN:
29.12
MKTX:
13.99
FIVN:
1.42
MKTX:
4.95
FIVN:
1.98
MKTX:
3.51
FIVN:
$1.17B
MKTX:
$875.65M
FIVN:
$644.83M
MKTX:
$606.31M
FIVN:
$179.58M
MKTX:
$456.55M
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FIVN vs. MKTX — Risk / Return Rank
FIVN
MKTX
FIVN vs. MKTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Five9, Inc. (FIVN) and MarketAxess Holdings Inc. (MKTX). 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.
| FIVN | MKTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.18 | ||
| Sortino ratioReturn per unit of downside risk | +2.19 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 0.70 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | -0.97 | +0.44 |
| Martin ratioReturn relative to average drawdown | -0.95 | -1.90 | +0.95 |
Loading charts...
Drawdowns
FIVN vs. MKTX - Drawdown Comparison
The maximum FIVN drawdown since its inception was -93.51%, which is greater than MKTX's maximum drawdown of -80.60%. Use the drawdown chart below to compare losses from any high point for FIVN and MKTX.
Loading charts...
Drawdown Indicators
| FIVN | MKTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.51% | -80.60% | -12.91% |
Max Drawdown (1Y)Largest decline over 1 year | -53.33% | -47.05% | -6.28% |
Max Drawdown (3Y)Largest decline over 3 years | -84.52% | -59.31% | -25.21% |
Max Drawdown (5Y)Largest decline over 5 years | -93.51% | -74.86% | -18.65% |
Max Drawdown (10Y)Largest decline over 10 years | -93.51% | -78.95% | -14.56% |
Current DrawdownCurrent decline from peak | -90.91% | -78.58% | -12.33% |
Average DrawdownAverage peak-to-trough decline | -35.46% | -28.79% | -6.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.89% | 23.97% | +5.92% |
Volatility
FIVN vs. MKTX - Volatility Comparison
Five9, Inc. (FIVN) has a higher volatility of 17.67% compared to MarketAxess Holdings Inc. (MKTX) at 10.16%. This indicates that FIVN's price experiences larger fluctuations and is considered to be riskier than MKTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FIVN | MKTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.67% | 10.16% | +7.51% |
Volatility (6M)Calculated over the trailing 6-month period | 49.51% | 19.81% | +29.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 60.98% | 27.77% | +33.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.83% | 33.00% | +22.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.88% | 32.60% | +18.28% |
Dividends
FIVN vs. MKTX - Dividend Comparison
FIVN has not paid dividends to shareholders, while MKTX's dividend yield for the trailing twelve months is around 2.61%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVN Five9, 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% |
MKTX MarketAxess Holdings Inc. | 2.61% | 1.68% | 1.64% | 0.98% | 1.00% | 0.64% | 0.42% | 0.54% | 0.80% | 0.65% | 0.71% | 0.72% |
Financials
FIVN vs. MKTX - Financials Comparison
This section allows you to compare key financial metrics between Five9, Inc. and MarketAxess Holdings 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
FIVN vs. MKTX - Profitability Comparison
FIVN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported a gross profit of 170.53M and revenue of 305.32M. Therefore, the gross margin over that period was 55.9%.
MKTX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, MarketAxess Holdings Inc. reported a gross profit of 159.37M and revenue of 233.38M. Therefore, the gross margin over that period was 68.3%.
FIVN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported an operating income of 18.49M and revenue of 305.32M, resulting in an operating margin of 6.1%.
MKTX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, MarketAxess Holdings Inc. reported an operating income of 100.92M and revenue of 233.38M, resulting in an operating margin of 43.2%.
FIVN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Five9, Inc. reported a net income of 18.41M and revenue of 305.32M, resulting in a net margin of 6.0%.
MKTX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, MarketAxess Holdings Inc. reported a net income of 78.11M and revenue of 233.38M, resulting in a net margin of 33.5%.
Frequently Asked Questions
FIVN and MKTX have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FIVN has higher volatility (17.67%) compared to MKTX (10.16%). In terms of maximum drawdown, FIVN dropped -93.51% vs MKTX's -80.60%.
FIVN currently has the higher Sharpe Ratio (-0.46 vs -1.64), 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.
Find the right allocation for FIVN and MKTX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer