FMCB vs. PG
FMCB (Farmers & Merchants Bancorp) and PG (The Procter & Gamble Company) are both stocks. FMCB operates in Banks - Regional (Financial Services), while PG operates in Household & Personal Products (Consumer Defensive). Over the past 10 years, FMCB returned 10.29%/yr vs 8.64%/yr for PG. At a 0.00 correlation, their price movements are largely independent.
Performance
FMCB vs. PG - Performance Comparison
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Returns By Period
In the year-to-date period, FMCB achieves a 22.48% return, which is significantly higher than PG's 2.74% return. Over the past 10 years, FMCB has outperformed PG with an annualized return of 10.29%, while PG has yielded a comparatively lower 8.64% annualized return.
FMCB
- 1D
- 2.63%
- 1M
- 3.04%
- YTD
- 22.48%
- 6M
- 24.87%
- 1Y
- 39.81%
- 3Y*
- 12.94%
- 5Y*
- 11.17%
- 10Y*
- 10.29%
PG
- 1D
- -0.98%
- 1M
- -0.90%
- YTD
- 2.74%
- 6M
- 6.43%
- 1Y
- -8.99%
- 3Y*
- 2.29%
- 5Y*
- 4.10%
- 10Y*
- 8.64%
FMCB vs. PG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMCB Farmers & Merchants Bancorp | 22.48% | 6.83% | 2.04% | 2.51% | 11.29% | 28.38% | 1.00% | 11.65% | 5.62% | 7.90% |
PG The Procter & Gamble Company | 2.74% | -12.26% | 17.25% | -0.86% | -5.05% | 20.52% | 14.15% | 39.70% | 3.57% | 12.69% |
Correlation
The correlation between FMCB and PG is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2001 | 0.00 |
The correlation between FMCB and PG shifts across timeframes, from 0.00 (all time) to 0.11 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
FMCB:
$923.00M
PG:
$350.63B
FMCB:
$136.25
PG:
$5.23
FMCB:
9.95
PG:
27.76
FMCB:
0.78
PG:
6.79
FMCB:
3.05
PG:
4.07
FMCB:
1.41
PG:
6.50
FMCB:
$308.67M
PG:
$86.72B
FMCB:
$243.83M
PG:
$43.64B
FMCB:
$131.11M
PG:
$22.63B
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Return for Risk
FMCB vs. PG — Risk / Return Rank
FMCB
PG
FMCB vs. PG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Farmers & Merchants Bancorp (FMCB) and The Procter & Gamble Company (PG). 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.
| FMCB | PG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.62 | ||
| Sortino ratioReturn per unit of downside risk | +3.91 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 0.94 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 5.58 | -0.58 | +6.16 |
| Martin ratioReturn relative to average drawdown | 15.66 | -1.04 | +16.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMCB | PG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | -0.48 | +2.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.23 | +0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.46 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.46 | -0.03 |
Drawdowns
FMCB vs. PG - Drawdown Comparison
The maximum FMCB drawdown since its inception was -42.00%, smaller than the maximum PG drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for FMCB and PG.
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Drawdown Indicators
| FMCB | PG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.00% | -54.25% | +12.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.17% | -15.52% | +8.35% |
Max Drawdown (3Y)Largest decline over 3 years | -14.32% | -21.15% | +6.83% |
Max Drawdown (5Y)Largest decline over 5 years | -16.91% | -23.77% | +6.86% |
Max Drawdown (10Y)Largest decline over 10 years | -25.24% | -23.77% | -1.47% |
Current DrawdownCurrent decline from peak | -3.39% | -15.91% | +12.52% |
Average DrawdownAverage peak-to-trough decline | -9.64% | -12.16% | +2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 8.93% | -6.38% |
Volatility
FMCB vs. PG - Volatility Comparison
Farmers & Merchants Bancorp (FMCB) has a higher volatility of 10.29% compared to The Procter & Gamble Company (PG) at 7.01%. This indicates that FMCB's price experiences larger fluctuations and is considered to be riskier than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMCB | PG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.29% | 7.01% | +3.28% |
Volatility (6M)Calculated over the trailing 6-month period | 15.02% | 15.32% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.80% | 18.65% | +0.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.83% | 17.79% | +3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.73% | 19.05% | +1.68% |
Dividends
FMCB vs. PG - Dividend Comparison
FMCB's dividend yield for the trailing twelve months is around 1.80%, less than PG's 2.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCB Farmers & Merchants Bancorp | 1.80% | 1.74% | 1.71% | 1.62% | 1.54% | 1.59% | 1.94% | 1.85% | 1.99% | 2.00% | 2.05% | 2.39% |
PG The Procter & Gamble Company | 2.94% | 2.91% | 2.36% | 2.55% | 2.38% | 2.08% | 2.24% | 2.37% | 3.09% | 2.98% | 3.18% | 3.31% |
Financials
FMCB vs. PG - Financials Comparison
This section allows you to compare key financial metrics between Farmers & Merchants Bancorp and The Procter & Gamble Company. 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
FMCB vs. PG - Profitability Comparison
FMCB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a gross profit of 61.56M and revenue of 76.87M. Therefore, the gross margin over that period was 80.1%.
PG - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a gross profit of 10.51B and revenue of 21.24B. Therefore, the gross margin over that period was 49.5%.
FMCB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported an operating income of 32.38M and revenue of 76.87M, resulting in an operating margin of 42.1%.
PG - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported an operating income of 4.58B and revenue of 21.24B, resulting in an operating margin of 21.6%.
FMCB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Farmers & Merchants Bancorp reported a net income of 24.07M and revenue of 76.87M, resulting in a net margin of 31.3%.
PG - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Procter & Gamble Company reported a net income of 18.50M and revenue of 21.24B, resulting in a net margin of 0.1%.
Frequently Asked Questions
FMCB and PG have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FMCB has higher volatility (10.29%) compared to PG (7.01%). In terms of maximum drawdown, FMCB dropped -42.00% vs PG's -54.25%.
FMCB currently has the higher Sharpe Ratio (2.13 vs -0.48), 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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