MLCO vs. WYNN
MLCO (Melco Resorts & Entertainment Limited) and WYNN (Wynn Resorts, Limited) are both stocks. Both operate in the Resorts & Casinos industry within the Consumer Cyclical sector. Over the past 10 years, MLCO returned -6.93%/yr vs 1.70%/yr for WYNN. A 0.63 correlation means they provide meaningful diversification when combined.
Performance
MLCO vs. WYNN - Performance Comparison
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Returns By Period
In the year-to-date period, MLCO achieves a -23.12% return, which is significantly lower than WYNN's -13.49% return. Over the past 10 years, MLCO has underperformed WYNN with an annualized return of -6.93%, while WYNN has yielded a comparatively higher 1.70% annualized return.
MLCO
- 1D
- 0.69%
- 1M
- 8.58%
- YTD
- -23.12%
- 6M
- -34.09%
- 1Y
- -4.43%
- 3Y*
- -20.45%
- 5Y*
- -19.36%
- 10Y*
- -6.93%
WYNN
- 1D
- -1.29%
- 1M
- -2.23%
- YTD
- -13.49%
- 6M
- -17.20%
- 1Y
- 21.38%
- 3Y*
- 2.04%
- 5Y*
- -3.53%
- 10Y*
- 1.70%
MLCO vs. WYNN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLCO Melco Resorts & Entertainment Limited | -23.12% | 30.74% | -34.72% | -22.87% | 12.97% | -45.12% | -22.55% | 41.19% | -37.90% | 100.80% |
WYNN Wynn Resorts, Limited | -13.49% | 41.02% | -4.40% | 11.34% | -3.02% | -24.63% | -18.07% | 44.99% | -40.18% | 98.09% |
Correlation
The correlation between MLCO and WYNN is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.66 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.67 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2006 | 0.63 |
The correlation between MLCO and WYNN shifts across timeframes, from 0.48 (1 year) to 0.67 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MLCO:
$2.29B
WYNN:
$10.75B
MLCO:
$0.57
WYNN:
$4.10
MLCO:
10.15
WYNN:
25.27
MLCO:
0.15
WYNN:
6.69
MLCO:
0.44
WYNN:
1.47
MLCO:
$5.30B
WYNN:
$7.29B
MLCO:
$1.81B
WYNN:
$2.08B
MLCO:
$1.19B
WYNN:
$1.52B
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Return for Risk
MLCO vs. WYNN — Risk / Return Rank
MLCO
WYNN
MLCO vs. WYNN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Melco Resorts & Entertainment Limited (MLCO) and Wynn Resorts, Limited (WYNN). 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.
| MLCO | WYNN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.72 | ||
| Sortino ratioReturn per unit of downside risk | -0.97 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.13 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 0.75 | -0.85 |
| Martin ratioReturn relative to average drawdown | -0.15 | 1.55 | -1.70 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MLCO | WYNN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 0.61 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.33 | -0.09 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.13 | 0.04 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.09 | 0.25 | -0.34 |
Drawdowns
MLCO vs. WYNN - Drawdown Comparison
The maximum MLCO drawdown since its inception was -89.50%, roughly equal to the maximum WYNN drawdown of -90.66%. Use the drawdown chart below to compare losses from any high point for MLCO and WYNN.
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Drawdown Indicators
| MLCO | WYNN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.50% | -90.66% | +1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -47.58% | -28.44% | -19.14% |
Max Drawdown (3Y)Largest decline over 3 years | -66.52% | -38.54% | -27.98% |
Max Drawdown (5Y)Largest decline over 5 years | -74.37% | -59.71% | -14.66% |
Max Drawdown (10Y)Largest decline over 10 years | -85.55% | -77.40% | -8.15% |
Current DrawdownCurrent decline from peak | -83.86% | -49.74% | -34.12% |
Average DrawdownAverage peak-to-trough decline | -55.05% | -37.19% | -17.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.91% | 13.83% | +15.08% |
Volatility
MLCO vs. WYNN - Volatility Comparison
The current volatility for Melco Resorts & Entertainment Limited (MLCO) is 9.15%, while Wynn Resorts, Limited (WYNN) has a volatility of 9.87%. This indicates that MLCO experiences smaller price fluctuations and is considered to be less risky than WYNN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLCO | WYNN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.15% | 9.87% | -0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 29.88% | 23.87% | +6.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.85% | 35.42% | +5.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.59% | 41.64% | +16.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 51.94% | 46.96% | +4.98% |
Dividends
MLCO vs. WYNN - Dividend Comparison
MLCO has not paid dividends to shareholders, while WYNN's dividend yield for the trailing twelve months is around 0.97%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
WYNN Wynn Resorts, Limited | 0.97% | 0.83% | 1.16% | 0.82% | 0.00% | 0.00% | 0.89% | 2.70% | 2.78% | 1.19% | 2.31% | 4.34% |
Financials
MLCO vs. WYNN - Financials Comparison
This section allows you to compare key financial metrics between Melco Resorts & Entertainment Limited and Wynn Resorts, Limited. 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. WYNN - 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%.
WYNN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported a gross profit of 0.00 and revenue of 1.86B. Therefore, the gross margin over that period was 0.0%.
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%.
WYNN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported an operating income of 282.60M and revenue of 1.86B, resulting in an operating margin of 15.2%.
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%.
WYNN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Wynn Resorts, Limited reported a net income of 170.80M and revenue of 1.86B, resulting in a net margin of 9.2%.
Frequently Asked Questions
MLCO and WYNN have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WYNN has higher volatility (9.87%) compared to MLCO (9.15%). In terms of maximum drawdown, MLCO dropped -89.50% vs WYNN's -90.66%.
WYNN currently has the higher Sharpe Ratio (0.61 vs -0.11), 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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