FRME vs. FLG
FRME (First Merchants Corporation) and FLG (Flagstar Financial, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, FRME returned 8.29%/yr vs -6.14%/yr for FLG. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
FRME vs. FLG - Performance Comparison
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Returns By Period
In the year-to-date period, FRME achieves a 17.27% return, which is significantly higher than FLG's 13.12% return. Over the past 10 years, FRME has outperformed FLG with an annualized return of 8.29%, while FLG has yielded a comparatively lower -6.14% annualized return.
FRME
- 1D
- -0.23%
- 1M
- -0.69%
- 6M
- 10.54%
- YTD
- 17.27%
- 1Y
- 20.62%
- 3Y*
- 14.98%
- 5Y*
- 4.89%
- 10Y*
- 8.29%
- ALL TIME*
- 7.75%
FLG
- 1D
- -0.21%
- 1M
- -2.54%
- 6M
- 7.72%
- YTD
- 13.12%
- 1Y
- 27.35%
- 3Y*
- -28.46%
- 5Y*
- -13.57%
- 10Y*
- -6.14%
- ALL TIME*
- 9.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $79.62M | $65.63M | $68.59M | |
| $22.75M | $20.61M | $17.32M |
FRME vs. FLG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRME First Merchants Corporation | 17.27% | -2.55% | 11.82% | -5.82% | 1.11% | 14.99% | -6.93% | 24.62% | -16.93% | 13.63% |
FLG Flagstar Financial, Inc. | 13.12% | 35.39% | -69.13% | 26.87% | -24.54% | 22.67% | -5.82% | 35.38% | -23.24% | -13.88% |
Correlation
The correlation between FRME and FLG is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.62 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.58 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 1993 | 0.42 |
Over the past year, FRME and FLG have become more correlated (0.62) than their long-term average of 0.42, meaning their price movements have been converging.
Fundamentals
FRME:
$2.72B
FLG:
$5.93B
FRME:
$3.12
FLG:
$0.10
FRME:
13.83
FLG:
148.91
FRME:
16.31
FLG:
11.34
FRME:
2.45
FLG:
1.13
FRME:
$1.05B
FLG:
$4.24B
FRME:
$477.22M
FLG:
$2.44B
FRME:
$180.57M
FLG:
$676.00M
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Return for Risk
FRME vs. FLG — Risk / Return Rank
FRME
FLG
FRME vs. FLG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Merchants Corporation (FRME) and Flagstar Financial, Inc. (FLG). 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.
| FRME | FLG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.16 | ||
| Sortino ratioReturn per unit of downside risk | -0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.18 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.51 | -0.40 |
| Martin ratioReturn relative to average drawdown | 2.40 | 3.67 | -1.27 |
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Drawdowns
FRME vs. FLG - Drawdown Comparison
The maximum FRME drawdown since its inception was -81.31%, roughly equal to the maximum FLG drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for FRME and FLG.
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Drawdown Indicators
| FRME | FLG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.31% | -80.11% | -1.20% |
Max Drawdown (1Y)Largest decline over 1 year | -15.73% | -17.47% | +1.74% |
Max Drawdown (3Y)Largest decline over 3 years | -23.94% | -79.75% | +55.81% |
Max Drawdown (5Y)Largest decline over 5 years | -43.72% | -80.11% | +36.39% |
Max Drawdown (10Y)Largest decline over 10 years | -53.03% | -80.11% | +27.08% |
Current DrawdownCurrent decline from peak | -4.62% | -64.07% | +59.45% |
Average DrawdownAverage peak-to-trough decline | -19.17% | -26.27% | +7.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.29% | 7.20% | +0.09% |
Volatility
FRME vs. FLG - Volatility Comparison
The current volatility for First Merchants Corporation (FRME) is 7.86%, while Flagstar Financial, Inc. (FLG) has a volatility of 9.08%. This indicates that FRME experiences smaller price fluctuations and is considered to be less risky than FLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRME | FLG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.86% | 9.08% | -1.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.51% | 20.10% | -3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.22% | 29.90% | -5.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 29.93% | 53.47% | -23.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.79% | 43.78% | -10.99% |
Dividends
FRME vs. FLG - Dividend Comparison
FRME's dividend yield for the trailing twelve months is around 3.36%, more than FLG's 0.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLG Flagstar Financial, Inc. | 0.28% | 0.32% | 2.14% | 6.65% | 7.91% | 5.57% | 6.45% | 5.66% | 7.23% | 5.22% | 4.27% | 6.13% |
FRME First Merchants Corporation | 3.36% | 3.82% | 3.48% | 3.61% | 3.04% | 2.70% | 2.78% | 2.40% | 2.45% | 1.64% | 1.43% | 1.61% |
Financials
FRME vs. FLG - Financials Comparison
This section allows you to compare key financial metrics between First Merchants Corporation and Flagstar Financial, 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
FRME and FLG have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLG has higher volatility (9.08%) compared to FRME (7.86%). In terms of maximum drawdown, FRME dropped -81.31% vs FLG's -80.11%.
FLG currently has the higher Sharpe Ratio (0.89 vs 0.72), 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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