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MKTX vs. FIVN
Performance
Return for Risk
Drawdowns
Volatility
Dividends
Financials

Performance

MKTX vs. FIVN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MarketAxess Holdings Inc. (MKTX) and Five9, Inc. (FIVN). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, MKTX achieves a -31.47% return, which is significantly lower than FIVN's 19.45% return. Over the past 10 years, MKTX has underperformed FIVN with an annualized return of -0.43%, while FIVN has yielded a comparatively higher 7.59% annualized return.


MKTX

1D
-0.16%
1M
-20.16%
YTD
-31.47%
6M
-22.23%
1Y
-41.67%
3Y*
-22.91%
5Y*
-21.85%
10Y*
-0.43%

FIVN

1D
-4.31%
1M
2.61%
YTD
19.45%
6M
17.11%
1Y
-13.63%
3Y*
-30.16%
5Y*
-31.25%
10Y*
7.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

MKTX vs. FIVN - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MKTX
MarketAxess Holdings Inc.
-31.47%-18.54%-21.58%6.11%-31.50%-27.51%51.28%80.66%5.63%38.28%
FIVN
Five9, Inc.
19.45%-50.66%-48.35%15.96%-50.58%-21.26%165.93%50.00%75.72%75.33%

Correlation

The correlation between MKTX and FIVN is 0.04, 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

0.04

Correlation (3Y)
Calculated over the trailing 3-year period

0.06

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Apr 7, 2014

0.23

The correlation between MKTX and FIVN shifts across timeframes, from 0.04 (1 year) to 0.24 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap

MKTX:

$4.35B

FIVN:

$2.07B

EPS

MKTX:

$8.45

FIVN:

$0.65

PE Ratio

MKTX:

14.56

FIVN:

36.59

PS Ratio

MKTX:

5.15

FIVN:

1.78

PB Ratio

MKTX:

3.66

FIVN:

2.49

Total Revenue (TTM)

MKTX:

$875.65M

FIVN:

$1.17B

Gross Profit (TTM)

MKTX:

$606.31M

FIVN:

$644.83M

EBITDA (TTM)

MKTX:

$456.55M

FIVN:

$179.58M

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Return for Risk

MKTX vs. FIVN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MKTX
MKTX Risk / Return Rank: 22
Overall Rank
MKTX Sharpe Ratio Rank: 00
Sharpe Ratio Rank
MKTX Sortino Ratio Rank: 11
Sortino Ratio Rank
MKTX Omega Ratio Rank: 22
Omega Ratio Rank
MKTX Calmar Ratio Rank: 44
Calmar Ratio Rank
MKTX Martin Ratio Rank: 11
Martin Ratio Rank

FIVN
FIVN Risk / Return Rank: 3232
Overall Rank
FIVN Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
FIVN Sortino Ratio Rank: 3232
Sortino Ratio Rank
FIVN Omega Ratio Rank: 3131
Omega Ratio Rank
FIVN Calmar Ratio Rank: 3333
Calmar Ratio Rank
FIVN Martin Ratio Rank: 3333
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MKTX vs. FIVN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MarketAxess Holdings Inc. (MKTX) and Five9, Inc. (FIVN). 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.


MKTXFIVNDifference
Sharpe ratioReturn per unit of total volatility

-1.32

Sortino ratioReturn per unit of downside risk

-2.44

Omega ratioGain probability vs. loss probability

0.72

1.01

-0.28

Calmar ratioReturn relative to maximum drawdown

-0.93

-0.25

-0.68

Martin ratioReturn relative to average drawdown

-1.84

-0.45

-1.39

MKTX vs. FIVN - Sharpe Ratio Comparison

The current MKTX Sharpe Ratio is -1.54, which is lower than the FIVN Sharpe Ratio of -0.23. The chart below compares the historical Sharpe Ratios of MKTX and FIVN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


MKTXFIVNDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.54

-0.23

-1.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.67

-0.56

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.01

0.15

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.24

0.19

+0.05

Drawdowns

MKTX vs. FIVN - Drawdown Comparison

The maximum MKTX drawdown since its inception was -80.60%, smaller than the maximum FIVN drawdown of -93.51%. Use the drawdown chart below to compare losses from any high point for MKTX and FIVN.


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Drawdown Indicators


MKTXFIVNDifference

Max Drawdown

Largest peak-to-trough decline

-80.60%

-93.51%

+12.91%

Max Drawdown (1Y)

Largest decline over 1 year

-44.79%

-53.96%

+9.17%

Max Drawdown (3Y)

Largest decline over 3 years

-56.90%

-84.52%

+27.62%

Max Drawdown (5Y)

Largest decline over 5 years

-73.37%

-93.51%

+20.14%

Max Drawdown (10Y)

Largest decline over 10 years

-77.71%

-93.51%

+15.80%

Current Drawdown

Current decline from peak

-77.71%

-88.58%

+10.87%

Average Drawdown

Average peak-to-trough decline

-28.67%

-35.21%

+6.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.67%

30.04%

-7.37%

Volatility

MKTX vs. FIVN - Volatility Comparison

The current volatility for MarketAxess Holdings Inc. (MKTX) is 8.75%, while Five9, Inc. (FIVN) has a volatility of 19.88%. This indicates that MKTX experiences smaller price fluctuations and is considered to be less risky than FIVN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MKTXFIVNDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.75%

19.88%

-11.13%

Volatility (6M)

Calculated over the trailing 6-month period

19.78%

48.68%

-28.90%

Volatility (1Y)

Calculated over the trailing 1-year period

27.12%

60.85%

-33.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

32.92%

55.75%

-22.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

32.54%

50.84%

-18.30%

Dividends

MKTX vs. FIVN - Dividend Comparison

MKTX's dividend yield for the trailing twelve months is around 2.50%, while FIVN has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018201720162015
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.
2.50%1.68%1.64%0.98%1.00%0.64%0.42%0.54%0.80%0.65%0.71%0.72%

Financials

MKTX vs. FIVN - Financials Comparison

This section allows you to compare key financial metrics between MarketAxess Holdings Inc. and Five9, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


150.00M200.00M250.00M300.00M20222023202420252026
233.38M
305.32M
(MKTX) Total Revenue
(FIVN) Total Revenue
Values in USD except per share items

MKTX vs. FIVN - Profitability Comparison

The chart below illustrates the profitability comparison between MarketAxess Holdings Inc. and Five9, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

50.0%55.0%60.0%65.0%70.0%75.0%80.0%20222023202420252026
68.3%
55.9%
Portfolio components
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 - 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 - 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 - 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 - 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%.

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%.


Frequently Asked Questions


MKTX and FIVN have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FIVN has higher volatility (19.88%) compared to MKTX (8.75%). In terms of maximum drawdown, MKTX dropped -80.60% vs FIVN's -93.51%.

FIVN currently has the higher Sharpe Ratio (-0.23 vs -1.54), 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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