MLI vs. PPH
MLI (Mueller Industries, Inc.) is a stock, while PPH (VanEck Pharmaceutical ETF) is Health & Biotech Equities fund tracking the MVIS US Listed Pharmaceutical 25 Index. Over the past 10 years, MLI returned 26.81%/yr vs 8.39%/yr for PPH. At a 0.39 correlation, their price movements are largely independent.
Performance
MLI vs. PPH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MLI achieves a 20.69% return, which is significantly higher than PPH's 2.96% return. Over the past 10 years, MLI has outperformed PPH with an annualized return of 26.81%, while PPH has yielded a comparatively lower 8.39% annualized return.
MLI
- 1D
- -0.25%
- 1M
- 1.23%
- YTD
- 20.69%
- 6M
- 20.88%
- 1Y
- 87.45%
- 3Y*
- 52.10%
- 5Y*
- 45.38%
- 10Y*
- 26.81%
PPH
- 1D
- -1.04%
- 1M
- 4.48%
- YTD
- 2.96%
- 6M
- 3.80%
- 1Y
- 18.69%
- 3Y*
- 12.38%
- 5Y*
- 9.47%
- 10Y*
- 8.39%
MLI vs. PPH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 20.69% | 46.29% | 70.51% | 62.38% | 1.05% | 70.95% | 12.30% | 37.79% | -33.10% | -2.76% |
PPH VanEck Pharmaceutical ETF | 2.96% | 22.00% | 8.05% | 6.95% | 2.64% | 17.79% | 5.49% | 19.39% | -5.89% | 15.23% |
Correlation
The correlation between MLI and PPH is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2000 | 0.39 |
The correlation between MLI and PPH shifts across timeframes, from 0.24 (3 years) to 0.39 (all time), reflecting how their relationship changes across market environments.
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
MLI vs. PPH — Risk / Return Rank
MLI
PPH
MLI vs. PPH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mueller Industries, Inc. (MLI) and VanEck Pharmaceutical ETF (PPH). 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.
| MLI | PPH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.87 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.20 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 3.94 | 1.74 | +2.19 |
| Martin ratioReturn relative to average drawdown | 10.92 | 4.30 | +6.63 |
Loading charts...
Drawdowns
MLI vs. PPH - Drawdown Comparison
The maximum MLI drawdown since its inception was -61.72%, which is greater than PPH's maximum drawdown of -51.45%. Use the drawdown chart below to compare losses from any high point for MLI and PPH.
Loading charts...
Drawdown Indicators
| MLI | PPH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.72% | -51.45% | -10.27% |
Max Drawdown (1Y)Largest decline over 1 year | -22.33% | -10.76% | -11.57% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -18.06% | -9.73% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -20.26% | -7.53% |
Max Drawdown (10Y)Largest decline over 10 years | -52.95% | -29.70% | -23.25% |
Current DrawdownCurrent decline from peak | -1.93% | -4.90% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -16.04% | -17.29% | +1.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.03% | 4.45% | +3.58% |
Volatility
MLI vs. PPH - Volatility Comparison
Mueller Industries, Inc. (MLI) has a higher volatility of 10.51% compared to VanEck Pharmaceutical ETF (PPH) at 5.95%. This indicates that MLI's price experiences larger fluctuations and is considered to be riskier than PPH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MLI | PPH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.51% | 5.95% | +4.56% |
Volatility (6M)Calculated over the trailing 6-month period | 25.79% | 12.18% | +13.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.06% | 17.66% | +12.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.07% | 15.14% | +17.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.79% | 17.00% | +18.79% |
Dividends
MLI vs. PPH - Dividend Comparison
MLI's dividend yield for the trailing twelve months is around 0.87%, less than PPH's 2.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLI Mueller Industries, Inc. | 0.87% | 0.87% | 1.01% | 1.27% | 1.69% | 0.88% | 1.14% | 1.26% | 1.71% | 9.60% | 0.94% | 1.11% |
PPH VanEck Pharmaceutical ETF | 2.05% | 1.78% | 1.98% | 2.09% | 1.55% | 1.62% | 1.66% | 1.77% | 1.97% | 1.92% | 2.43% | 1.93% |
Frequently Asked Questions
MLI and PPH have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MLI has higher volatility (10.51%) compared to PPH (5.95%). In terms of maximum drawdown, MLI dropped -61.72% vs PPH's -51.45%.
MLI currently has the higher Sharpe Ratio (2.93 vs 1.07), 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 MLI and PPH
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