MMM vs. TRV
MMM (3M Company) and TRV (The Travelers Companies, Inc.) are both stocks. MMM operates in Conglomerates (Industrials), while TRV operates in Insurance - Property & Casualty (Financial Services). Over the past 10 years, MMM returned 4.58%/yr vs 12.87%/yr for TRV. At a 0.43 correlation, their price movements are largely independent.
Performance
MMM vs. TRV - Performance Comparison
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Returns By Period
In the year-to-date period, MMM achieves a -0.15% return, which is significantly lower than TRV's 5.79% return. Over the past 10 years, MMM has underperformed TRV with an annualized return of 4.58%, while TRV has yielded a comparatively higher 12.87% annualized return.
MMM
- 1D
- 0.26%
- 1M
- 8.18%
- YTD
- -0.15%
- 6M
- -5.36%
- 1Y
- 11.41%
- 3Y*
- 26.46%
- 5Y*
- 2.22%
- 10Y*
- 4.58%
TRV
- 1D
- 0.18%
- 1M
- 3.63%
- YTD
- 5.79%
- 6M
- 7.55%
- 1Y
- 16.30%
- 3Y*
- 22.19%
- 5Y*
- 16.78%
- 10Y*
- 12.87%
MMM vs. TRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MMM 3M Company | -0.15% | 26.36% | 46.13% | -3.33% | -29.63% | 4.85% | 2.77% | -4.29% | -16.90% | 34.90% |
TRV The Travelers Companies, Inc. | 5.79% | 22.38% | 28.76% | 3.93% | 22.42% | 13.96% | 5.31% | 17.00% | -9.64% | 13.36% |
Correlation
The correlation between MMM and TRV is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 22, 1996 | 0.43 |
The correlation between MMM and TRV shifts across timeframes, from 0.29 (1 year) to 0.43 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MMM:
$84.35B
TRV:
$66.49B
MMM:
$5.17
TRV:
$33.83
MMM:
30.65
TRV:
9.00
MMM:
3.41
TRV:
1.40
MMM:
25.85
TRV:
2.08
MMM:
$25.02B
TRV:
$48.94B
MMM:
$9.89B
TRV:
$16.00B
MMM:
$5.28B
TRV:
$8.15B
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Return for Risk
MMM vs. TRV — Risk / Return Rank
MMM
TRV
MMM vs. TRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for 3M Company (MMM) and The Travelers Companies, Inc. (TRV). 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.
| MMM | TRV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.16 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 0.61 | 1.97 | -1.36 |
| Martin ratioReturn relative to average drawdown | 1.35 | 4.83 | -3.48 |
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Drawdowns
MMM vs. TRV - Drawdown Comparison
The maximum MMM drawdown since its inception was -59.10%, which is greater than TRV's maximum drawdown of -55.11%. Use the drawdown chart below to compare losses from any high point for MMM and TRV.
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Drawdown Indicators
| MMM | TRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.10% | -55.11% | -3.99% |
Max Drawdown (1Y)Largest decline over 1 year | -18.77% | -8.31% | -10.46% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -12.47% | -10.40% |
Max Drawdown (5Y)Largest decline over 5 years | -53.34% | -18.90% | -34.44% |
Max Drawdown (10Y)Largest decline over 10 years | -59.10% | -46.28% | -12.82% |
Current DrawdownCurrent decline from peak | -8.45% | -1.66% | -6.79% |
Average DrawdownAverage peak-to-trough decline | -16.10% | -11.11% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.48% | 3.39% | +5.09% |
Volatility
MMM vs. TRV - Volatility Comparison
3M Company (MMM) and The Travelers Companies, Inc. (TRV) have volatilities of 6.23% and 6.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MMM | TRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 6.11% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 19.26% | 12.74% | +6.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.96% | 18.63% | +7.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.30% | 21.87% | +6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.53% | 24.40% | +2.13% |
Dividends
MMM vs. TRV - Dividend Comparison
MMM's dividend yield for the trailing twelve months is around 1.91%, more than TRV's 1.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MMM 3M Company | 1.91% | 1.82% | 16.27% | 5.49% | 4.97% | 3.33% | 3.36% | 3.26% | 2.86% | 2.00% | 2.49% | 2.72% |
TRV The Travelers Companies, Inc. | 1.49% | 1.50% | 1.72% | 2.06% | 1.96% | 2.23% | 2.40% | 2.36% | 2.53% | 2.09% | 2.14% | 2.11% |
Financials
MMM vs. TRV - Financials Comparison
This section allows you to compare key financial metrics between 3M Company and The Travelers Companies, 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.
Total Revenue: Total amount of money received from sales and other business activities
MMM vs. TRV - Profitability Comparison
MMM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, 3M Company reported a gross profit of 2.46B and revenue of 6.03B. Therefore, the gross margin over that period was 40.7%.
TRV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Travelers Companies, Inc. reported a gross profit of 0.00 and revenue of 11.92B. Therefore, the gross margin over that period was 0.0%.
MMM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, 3M Company reported an operating income of 1.40B and revenue of 6.03B, resulting in an operating margin of 23.2%.
TRV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Travelers Companies, Inc. reported an operating income of 0.00 and revenue of 11.92B, resulting in an operating margin of 0.0%.
MMM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, 3M Company reported a net income of 653.00M and revenue of 6.03B, resulting in a net margin of 10.8%.
TRV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Travelers Companies, Inc. reported a net income of 1.71B and revenue of 11.92B, resulting in a net margin of 14.4%.
Frequently Asked Questions
MMM and TRV have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MMM has higher volatility (6.23%) compared to TRV (6.11%). In terms of maximum drawdown, MMM dropped -59.10% vs TRV's -55.11%.
TRV currently has the higher Sharpe Ratio (0.88 vs 0.44), 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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