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 -6.71%/yr vs 10.52%/yr for JNJ. At a 0.17 correlation, their price movements are largely independent.
Performance
MLCO vs. JNJ - Performance Comparison
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Returns By Period
In the year-to-date period, MLCO achieves a -28.40% return, which is significantly lower than JNJ's 16.81% return. Over the past 10 years, MLCO has underperformed JNJ with an annualized return of -6.71%, while JNJ has yielded a comparatively higher 10.52% annualized return.
MLCO
- 1D
- 2.26%
- 1M
- 0.74%
- YTD
- -28.40%
- 6M
- -30.60%
- 1Y
- -18.37%
- 3Y*
- -25.02%
- 5Y*
- -20.46%
- 10Y*
- -6.71%
JNJ
- 1D
- 3.37%
- 1M
- 2.61%
- YTD
- 16.81%
- 6M
- 17.47%
- 1Y
- 61.94%
- 3Y*
- 16.40%
- 5Y*
- 10.99%
- 10Y*
- 10.52%
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 | 16.81% | 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 -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
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 -0.05 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MLCO:
$2.13B
JNJ:
$584.60B
MLCO:
$0.57
JNJ:
$8.65
MLCO:
9.45
JNJ:
27.65
MLCO:
0.14
JNJ:
0.92
MLCO:
0.41
JNJ:
6.04
MLCO:
$5.30B
JNJ:
$96.36B
MLCO:
$1.81B
JNJ:
$66.60B
MLCO:
$1.19B
JNJ:
$31.62B
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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 | -4.04 | ||
| Sortino ratioReturn per unit of downside risk | -5.51 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 1.64 | -0.70 |
| Calmar ratioReturn relative to maximum drawdown | -0.39 | 5.68 | -6.07 |
| Martin ratioReturn relative to average drawdown | -0.60 | 16.53 | -17.14 |
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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.
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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 | -47.68% | -10.96% | -36.72% |
Max Drawdown (3Y)Largest decline over 3 years | -66.52% | -15.95% | -50.57% |
Max Drawdown (5Y)Largest decline over 5 years | -73.57% | -18.41% | -55.16% |
Max Drawdown (10Y)Largest decline over 10 years | -85.55% | -27.37% | -58.18% |
Current DrawdownCurrent decline from peak | -84.97% | -3.26% | -81.71% |
Average DrawdownAverage peak-to-trough decline | -55.12% | -11.90% | -43.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 30.55% | 3.76% | +26.79% |
Volatility
MLCO vs. JNJ - Volatility Comparison
Melco Resorts & Entertainment Limited (MLCO) has a higher volatility of 11.26% compared to Johnson & Johnson (JNJ) at 7.05%. 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.
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Volatility by Period
| MLCO | JNJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.26% | 7.05% | +4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 30.51% | 12.69% | +17.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.19% | 17.40% | +22.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.70% | 16.99% | +41.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.93% | 18.54% | +33.39% |
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 2.19%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 2.19% | 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 Jun 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 Jun 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 Jun 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 Jun 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 Jun 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 Jun 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 -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLCO has higher volatility (11.26%) compared to JNJ (7.05%). In terms of maximum drawdown, MLCO dropped -89.50% vs JNJ's -50.67%.
JNJ currently has the higher Sharpe Ratio (3.58 vs -0.46), 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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