MERC vs. ABBV
MERC (Mercer International Inc.) and ABBV (AbbVie Inc.) are both stocks. MERC operates in Paper & Paper Products (Basic Materials), while ABBV operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, MERC returned -19.21%/yr vs 18.70%/yr for ABBV. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
MERC vs. ABBV - Performance Comparison
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Returns By Period
In the year-to-date period, MERC achieves a -66.21% return, which is significantly lower than ABBV's 9.81% return. Over the past 10 years, MERC has underperformed ABBV with an annualized return of -19.21%, while ABBV has yielded a comparatively higher 18.70% annualized return.
MERC
- 1D
- 5.85%
- 1M
- -14.23%
- 6M
- -65.52%
- YTD
- -66.21%
- 1Y
- -77.85%
- 3Y*
- -56.96%
- 5Y*
- -41.84%
- 10Y*
- -19.21%
- ALL TIME*
- -5.80%
ABBV
- 1D
- -2.33%
- 1M
- -5.45%
- 6M
- 10.31%
- YTD
- 9.81%
- 1Y
- 29.45%
- 3Y*
- 22.54%
- 5Y*
- 20.67%
- 10Y*
- 18.70%
- ALL TIME*
- 20.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ABBV AbbVie Inc. | $1.47B | $1.53B | $1.62B |
| $237.81K | $403.25K | $475.85K |
MERC vs. ABBV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MERC Mercer International Inc. | -66.21% | -68.51% | -28.65% | -15.71% | -0.59% | 19.46% | -12.81% | 22.62% | -24.32% | 39.65% |
ABBV AbbVie Inc. | 9.81% | 33.08% | 18.86% | -0.23% | 24.01% | 32.43% | 27.72% | 1.47% | -0.96% | 60.07% |
Correlation
The correlation between MERC and ABBV is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.10 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.12 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.15 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.16 |
Fundamentals
MERC:
$44.81M
ABBV:
$433.01B
MERC:
-$11.82
ABBV:
$3.57
MERC:
0.02
ABBV:
6.75
MERC:
$1.85B
ABBV:
$64.39B
MERC:
-$64.63M
ABBV:
$47.71B
MERC:
-$73.03M
ABBV:
$19.30B
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Return for Risk
MERC vs. ABBV — Risk / Return Rank
MERC
ABBV
MERC vs. ABBV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercer International Inc. (MERC) 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.
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.
| MERC | ABBV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.13 | ||
| Sortino ratioReturn per unit of downside risk | -3.88 | ||
| Omega ratioGain probability vs. loss probability | 0.77 | 1.22 | -0.45 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 1.71 | -2.64 |
| Martin ratioReturn relative to average drawdown | -1.50 | 3.77 | -5.28 |
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Drawdowns
MERC vs. ABBV - Drawdown Comparison
The maximum MERC drawdown since its inception was -99.05%, which is greater than ABBV's maximum drawdown of -45.09%. Use the drawdown chart below to compare losses from any high point for MERC and ABBV.
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Drawdown Indicators
| MERC | ABBV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.05% | -45.09% | -53.96% |
Max Drawdown (1Y)Largest decline over 1 year | -83.55% | -17.32% | -66.23% |
Max Drawdown (3Y)Largest decline over 3 years | -94.64% | -20.74% | -73.90% |
Max Drawdown (5Y)Largest decline over 5 years | -96.43% | -21.92% | -74.51% |
Max Drawdown (10Y)Largest decline over 10 years | -96.43% | -45.09% | -51.34% |
Current DrawdownCurrent decline from peak | -96.54% | -6.91% | -89.63% |
Average DrawdownAverage peak-to-trough decline | -61.31% | -10.64% | -50.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 51.78% | 7.82% | +43.96% |
Volatility
MERC vs. ABBV - Volatility Comparison
Mercer International Inc. (MERC) has a higher volatility of 30.78% compared to AbbVie Inc. (ABBV) at 7.61%. This indicates that MERC'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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Volatility by Period
| MERC | ABBV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 30.78% | 7.61% | +23.17% |
Volatility (6M)Calculated over the trailing 6-month period | 62.44% | 19.69% | +42.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 78.22% | 26.11% | +52.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.78% | 23.49% | +31.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.62% | 25.94% | +23.68% |
Dividends
MERC vs. ABBV - Dividend Comparison
MERC has not paid dividends to shareholders, while ABBV's dividend yield for the trailing twelve months is around 2.79%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ABBV AbbVie Inc. | 2.79% | 2.87% | 3.49% | 3.82% | 3.49% | 3.84% | 4.41% | 4.83% | 3.89% | 2.65% | 3.64% | 3.41% |
MERC Mercer International Inc. | 0.00% | 7.58% | 4.62% | 3.16% | 2.58% | 2.17% | 3.24% | 4.37% | 4.79% | 3.29% | 4.32% | 2.54% |
Financials
MERC vs. ABBV - Financials Comparison
This section allows you to compare key financial metrics between Mercer International 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
MERC vs. ABBV - Profitability Comparison
MERC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported a gross profit of 0.00 and revenue of 489.30M. Therefore, the gross margin over that period was 0.0%.
ABBV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a gross profit of 14.39B and revenue of 16.99B. Therefore, the gross margin over that period was 84.7%.
MERC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported an operating income of -32.89M and revenue of 489.30M, resulting in an operating margin of -6.7%.
ABBV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported an operating income of 6.72B and revenue of 16.99B, resulting in an operating margin of 39.6%.
MERC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Mercer International Inc. reported a net income of -52.00M and revenue of 489.30M, resulting in a net margin of -10.6%.
ABBV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, AbbVie Inc. reported a net income of 3.62B and revenue of 16.99B, resulting in a net margin of 21.3%.
Frequently Asked Questions
MERC and ABBV have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MERC has higher volatility (30.78%) compared to ABBV (7.61%). In terms of maximum drawdown, MERC dropped -99.05% vs ABBV's -45.09%.
ABBV currently has the higher Sharpe Ratio (1.14 vs -1.00), 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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