Correlation
The correlation between IONS and ABBV is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
IONS vs. ABBV
Compare and contrast key facts about Ionis Pharmaceuticals, Inc. (IONS) and AbbVie Inc. (ABBV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IONS or ABBV.
Performance
IONS vs. ABBV - Performance Comparison
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Key characteristics
IONS:
-0.19
ABBV:
0.86
IONS:
-0.05
ABBV:
1.14
IONS:
0.99
ABBV:
1.18
IONS:
-0.15
ABBV:
1.08
IONS:
-0.36
ABBV:
2.49
IONS:
28.85%
ABBV:
9.03%
IONS:
42.87%
ABBV:
28.28%
IONS:
-91.72%
ABBV:
-45.09%
IONS:
-61.16%
ABBV:
-13.53%
Fundamentals
IONS:
$5.30B
ABBV:
$328.06B
IONS:
-$2.91
ABBV:
$2.34
IONS:
25.70
ABBV:
0.40
IONS:
7.39
ABBV:
5.72
IONS:
10.85
ABBV:
231.03
IONS:
$717.44M
ABBV:
$57.37B
IONS:
$701.33M
ABBV:
$44.44B
IONS:
-$385.60M
ABBV:
$16.36B
Returns By Period
In the year-to-date period, IONS achieves a -4.29% return, which is significantly lower than ABBV's 6.42% return. Over the past 10 years, IONS has underperformed ABBV with an annualized return of -6.70%, while ABBV has yielded a comparatively higher 15.45% annualized return.
IONS
-4.29%
12.24%
-6.80%
-8.20%
-3.84%
-9.85%
-6.70%
ABBV
6.42%
-4.08%
3.29%
24.28%
11.50%
19.71%
15.45%
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Risk-Adjusted Performance
IONS vs. ABBV — Risk-Adjusted Performance Rank
IONS
ABBV
IONS vs. ABBV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ionis Pharmaceuticals, Inc. (IONS) 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.
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Dividends
IONS vs. ABBV - Dividend Comparison
IONS has not paid dividends to shareholders, while ABBV's dividend yield for the trailing twelve months is around 3.44%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
IONS Ionis Pharmaceuticals, 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% |
ABBV AbbVie Inc. | 3.44% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% | 2.54% |
Drawdowns
IONS vs. ABBV - Drawdown Comparison
The maximum IONS drawdown since its inception was -91.72%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for IONS and ABBV.
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Volatility
IONS vs. ABBV - Volatility Comparison
Ionis Pharmaceuticals, Inc. (IONS) has a higher volatility of 12.00% compared to AbbVie Inc. (ABBV) at 9.89%. This indicates that IONS's price experiences larger fluctuations and is considered to be riskier than ABBV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
IONS vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Ionis Pharmaceuticals, Inc. 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