MLCO vs. JNJ
MLCO (Melco Resorts & Entertainment Limited) and JNJ (Johnson & Johnson) are both stocks. MLCO operates in Resorts & Casinos (Consumer Cyclical), while JNJ operates in Drug Manufacturers - General (Healthcare). Over the past 10 years, MLCO returned -6.47%/yr vs 10.67%/yr for JNJ. At a 0.17 correlation, their price movements are largely independent.
Performance
MLCO vs. JNJ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MLCO achieves a -28.40% return, which is significantly lower than JNJ's 25.94% return. Over the past 10 years, MLCO has underperformed JNJ with an annualized return of -6.47%, while JNJ has yielded a comparatively higher 10.67% annualized return.
MLCO
- 1D
- -1.28%
- 1M
- -1.45%
- 6M
- -19.35%
- YTD
- -28.40%
- 1Y
- -37.70%
- 3Y*
- -26.71%
- 5Y*
- -19.10%
- 10Y*
- -6.47%
JNJ
- 1D
- 0.31%
- 1M
- 7.02%
- 6M
- 24.28%
- YTD
- 25.94%
- 1Y
- 68.39%
- 3Y*
- 20.73%
- 5Y*
- 11.73%
- 10Y*
- 10.67%
MLCO vs. JNJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLCO Melco Resorts & Entertainment Limited | -28.40% | 30.74% | -34.72% | -22.87% | 12.97% | -45.12% | -22.55% | 41.19% | -37.90% | 100.80% |
JNJ Johnson & Johnson | 25.94% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
Correlation
The correlation between MLCO and JNJ 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 | 0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.07 |
Correlation (All Time) Calculated using the full available price history since Dec 19, 2006 | 0.17 |
The correlation between MLCO and JNJ shifts across timeframes, from -0.04 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MLCO:
$2.10B
JNJ:
$620.51B
MLCO:
$0.58
JNJ:
$8.63
MLCO:
9.31
JNJ:
29.86
MLCO:
0.14
JNJ:
0.99
MLCO:
0.40
JNJ:
6.52
MLCO:
$5.30B
JNJ:
$96.36B
MLCO:
$1.81B
JNJ:
$66.60B
MLCO:
$1.19B
JNJ:
$31.62B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MLCO vs. JNJ — Risk / Return Rank
MLCO
JNJ
MLCO vs. JNJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melco Resorts & Entertainment Limited (MLCO) and Johnson & Johnson (JNJ). 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.
| MLCO | JNJ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.66 | ||
| Sortino ratioReturn per unit of downside risk | -6.55 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.65 | -0.81 |
| Calmar ratioReturn relative to maximum drawdown | -0.77 | 6.27 | -7.05 |
| Martin ratioReturn relative to average drawdown | -1.17 | 18.13 | -19.29 |
Loading charts...
Drawdowns
MLCO vs. JNJ - Drawdown Comparison
The maximum MLCO drawdown since its inception was -89.50%, which is greater than JNJ's maximum drawdown of -50.67%. Use the drawdown chart below to compare losses from any high point for MLCO and JNJ.
Loading charts...
Drawdown Indicators
| MLCO | JNJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -50.67% | -38.83% |
Max Drawdown (1Y)Largest decline over 1 year | -48.96% | -10.96% | -38.00% |
Max Drawdown (3Y)Largest decline over 3 years | -66.52% | -15.95% | -50.57% |
Max Drawdown (5Y)Largest decline over 5 years | -71.36% | -18.41% | -52.95% |
Max Drawdown (10Y)Largest decline over 10 years | -85.55% | -27.37% | -58.18% |
Current DrawdownCurrent decline from peak | -84.97% | -3.54% | -81.43% |
Average DrawdownAverage peak-to-trough decline | -55.19% | -11.89% | -43.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.39% | 3.79% | +28.60% |
Volatility
MLCO vs. JNJ - Volatility Comparison
Melco Resorts & Entertainment Limited (MLCO) has a higher volatility of 10.90% compared to Johnson & Johnson (JNJ) at 8.87%. This indicates that MLCO's price experiences larger fluctuations and is considered to be riskier than JNJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MLCO | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.90% | 8.87% | +2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 30.67% | 14.29% | +16.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.77% | 18.69% | +20.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.75% | 17.27% | +41.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.91% | 18.66% | +33.25% |
Dividends
MLCO vs. JNJ - Dividend Comparison
MLCO has not paid dividends to shareholders, while JNJ's dividend yield for the trailing twelve months is around 2.03%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.03% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
MLCO Melco Resorts & Entertainment Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.88% | 2.62% | 3.14% | 5.76% | 4.52% | 0.68% |
Financials
MLCO vs. JNJ - Financials Comparison
This section allows you to compare key financial metrics between Melco Resorts & Entertainment Limited and Johnson & Johnson. 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
MLCO vs. JNJ - Profitability Comparison
MLCO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Melco Resorts & Entertainment Limited reported a gross profit of 373.22M and revenue of 1.37B. Therefore, the gross margin over that period was 27.2%.
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
MLCO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Melco Resorts & Entertainment Limited reported an operating income of 182.64M and revenue of 1.37B, resulting in an operating margin of 13.3%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
MLCO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Melco Resorts & Entertainment Limited reported a net income of 77.06M and revenue of 1.37B, resulting in a net margin of 5.6%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
Frequently Asked Questions
MLCO and JNJ 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.
MLCO has higher volatility (10.90%) compared to JNJ (8.87%). In terms of maximum drawdown, MLCO dropped -89.50% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.68 vs -0.98), 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.
Find the right allocation for MLCO and JNJ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer