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MRC.L vs. FCIT.L
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

Performance

MRC.L vs. FCIT.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in The Mercantile Investment Trust plc (MRC.L) and F&C Investment Trust plc (FCIT.L). The values are adjusted to include any dividend payments, if applicable.

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MRC.L vs. FCIT.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MRC.L
The Mercantile Investment Trust plc
-4.47%12.06%11.16%19.79%-25.89%11.28%-2.26%53.98%-17.09%30.22%
FCIT.L
F&C Investment Trust plc
-0.98%14.68%16.94%8.10%-0.89%19.40%4.62%22.88%-0.57%21.04%

Fundamentals

Market Cap

MRC.L:

£1.80B

FCIT.L:

£5.96B

EPS

MRC.L:

£0.59

FCIT.L:

£3.45

PE Ratio

MRC.L:

4.19

FCIT.L:

3.58

PEG Ratio

MRC.L:

0.13

FCIT.L:

0.13

PS Ratio

MRC.L:

3.78

FCIT.L:

3.35

PB Ratio

MRC.L:

0.91

FCIT.L:

0.97

Total Revenue (TTM)

MRC.L:

£476.21M

FCIT.L:

£1.78B

Gross Profit (TTM)

MRC.L:

£346.03M

FCIT.L:

£1.77B

EBITDA (TTM)

MRC.L:

£359.99M

FCIT.L:

£1.04B

Returns By Period

In the year-to-date period, MRC.L achieves a -4.47% return, which is significantly lower than FCIT.L's -0.98% return. Over the past 10 years, MRC.L has underperformed FCIT.L with an annualized return of 7.36%, while FCIT.L has yielded a comparatively higher 12.80% annualized return.


MRC.L

1D
2.50%
1M
-6.64%
YTD
-4.47%
6M
-1.00%
1Y
11.51%
3Y*
10.93%
5Y*
2.38%
10Y*
7.36%

FCIT.L

1D
2.74%
1M
-2.91%
YTD
-0.98%
6M
2.61%
1Y
15.59%
3Y*
12.43%
5Y*
10.79%
10Y*
12.80%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

MRC.L vs. FCIT.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MRC.L
MRC.L Risk / Return Rank: 6161
Overall Rank
MRC.L Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
MRC.L Sortino Ratio Rank: 5454
Sortino Ratio Rank
MRC.L Omega Ratio Rank: 5656
Omega Ratio Rank
MRC.L Calmar Ratio Rank: 6262
Calmar Ratio Rank
MRC.L Martin Ratio Rank: 6969
Martin Ratio Rank

FCIT.L
FCIT.L Risk / Return Rank: 7474
Overall Rank
FCIT.L Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FCIT.L Sortino Ratio Rank: 6767
Sortino Ratio Rank
FCIT.L Omega Ratio Rank: 6767
Omega Ratio Rank
FCIT.L Calmar Ratio Rank: 7878
Calmar Ratio Rank
FCIT.L Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MRC.L vs. FCIT.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Mercantile Investment Trust plc (MRC.L) and F&C Investment Trust plc (FCIT.L). 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.


MRC.LFCIT.LDifference

Sharpe ratio

Return per unit of total volatility

0.66

1.01

-0.35

Sortino ratio

Return per unit of downside risk

1.00

1.49

-0.49

Omega ratio

Gain probability vs. loss probability

1.14

1.20

-0.06

Calmar ratio

Return relative to maximum drawdown

1.00

2.16

-1.16

Martin ratio

Return relative to average drawdown

3.47

7.52

-4.05

MRC.L vs. FCIT.L - Sharpe Ratio Comparison

The current MRC.L Sharpe Ratio is 0.66, which is lower than the FCIT.L Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of MRC.L and FCIT.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


MRC.LFCIT.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.66

1.01

-0.35

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.68

-0.57

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.30

0.74

-0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.48

+0.11

Correlation

The correlation between MRC.L and FCIT.L is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

MRC.L vs. FCIT.L - Dividend Comparison

MRC.L's dividend yield for the trailing twelve months is around 3.27%, more than FCIT.L's 1.31% yield.


TTM20252024202320222021202020192018201720162015
MRC.L
The Mercantile Investment Trust plc
3.27%3.13%3.28%3.36%3.59%2.50%2.67%2.52%3.36%2.15%2.55%2.57%
FCIT.L
F&C Investment Trust plc
1.31%1.28%1.36%1.44%1.46%1.33%1.47%1.49%1.71%1.57%1.78%2.11%

Drawdowns

MRC.L vs. FCIT.L - Drawdown Comparison

The maximum MRC.L drawdown since its inception was -60.82%, smaller than the maximum FCIT.L drawdown of -68.22%. Use the drawdown chart below to compare losses from any high point for MRC.L and FCIT.L.


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Drawdown Indicators


MRC.LFCIT.LDifference

Max Drawdown

Largest peak-to-trough decline

-60.82%

-68.22%

+7.40%

Max Drawdown (1Y)

Largest decline over 1 year

-12.22%

-10.43%

-1.79%

Max Drawdown (5Y)

Largest decline over 5 years

-42.84%

-19.70%

-23.14%

Max Drawdown (10Y)

Largest decline over 10 years

-54.40%

-39.19%

-15.21%

Current Drawdown

Current decline from peak

-8.89%

-4.11%

-4.78%

Average Drawdown

Average peak-to-trough decline

-11.19%

-10.39%

-0.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.52%

2.23%

+1.29%

Volatility

MRC.L vs. FCIT.L - Volatility Comparison

The Mercantile Investment Trust plc (MRC.L) and F&C Investment Trust plc (FCIT.L) have volatilities of 5.77% and 5.70%, 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


MRC.LFCIT.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.77%

5.70%

+0.07%

Volatility (6M)

Calculated over the trailing 6-month period

10.50%

9.78%

+0.72%

Volatility (1Y)

Calculated over the trailing 1-year period

17.26%

15.36%

+1.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.49%

15.96%

+5.53%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.49%

17.30%

+7.19%

Financials

MRC.L vs. FCIT.L - Financials Comparison

This section allows you to compare key financial metrics between The Mercantile Investment Trust plc and F&C Investment Trust plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


-600.00M-400.00M-200.00M0.00200.00M400.00M600.00MAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
115.37M
698.48M
(MRC.L) Total Revenue
(FCIT.L) Total Revenue
Values in GBp except per share items

MRC.L vs. FCIT.L - Profitability Comparison

The chart below illustrates the profitability comparison between The Mercantile Investment Trust plc and F&C Investment Trust plc over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%80.0%100.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober0
100.0%
Portfolio components
MRC.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The Mercantile Investment Trust plc reported a gross profit of 0.00 and revenue of 115.37M. Therefore, the gross margin over that period was 0.0%.

FCIT.L - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, F&C Investment Trust plc reported a gross profit of 698.48M and revenue of 698.48M. Therefore, the gross margin over that period was 100.0%.

MRC.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The Mercantile Investment Trust plc reported an operating income of 110.67M and revenue of 115.37M, resulting in an operating margin of 95.9%.

FCIT.L - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, F&C Investment Trust plc reported an operating income of 685.51M and revenue of 698.48M, resulting in an operating margin of 98.1%.

MRC.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The Mercantile Investment Trust plc reported a net income of 104.10M and revenue of 115.37M, resulting in a net margin of 90.2%.

FCIT.L - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, F&C Investment Trust plc reported a net income of 666.63M and revenue of 698.48M, resulting in a net margin of 95.4%.