MRCH.L vs. CTY.L
Compare and contrast key facts about Merchants Trust plc (MRCH.L) and The City of London Investment Trust plc (CTY.L).
Performance
MRCH.L vs. CTY.L - Performance Comparison
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MRCH.L vs. CTY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRCH.L Merchants Trust plc | 1.49% | 14.08% | 3.96% | 4.69% | 5.47% | 32.06% | -14.30% | 28.41% | -3.09% | 15.75% |
CTY.L The City of London Investment Trust plc | 5.59% | 28.16% | 10.63% | 4.83% | -101.25% | 11.77% | -11.79% | 20.53% | -8.47% | 12.55% |
Fundamentals
MRCH.L:
£887.58M
CTY.L:
£2.77B
MRCH.L:
£0.96
CTY.L:
£1.58
MRCH.L:
6.21
CTY.L:
3.49
MRCH.L:
0.17
CTY.L:
0.05
MRCH.L:
5.38
CTY.L:
3.36
MRCH.L:
1.02
CTY.L:
1.06
MRCH.L:
£165.02M
CTY.L:
£816.21M
MRCH.L:
£161.71M
CTY.L:
£812.37M
MRCH.L:
-£7.77M
CTY.L:
£450.99M
Returns By Period
In the year-to-date period, MRCH.L achieves a 1.49% return, which is significantly lower than CTY.L's 5.59% return.
MRCH.L
- 1D
- 1.87%
- 1M
- -6.85%
- YTD
- 1.49%
- 6M
- 9.23%
- 1Y
- 20.35%
- 3Y*
- 6.90%
- 5Y*
- 8.96%
- 10Y*
- 9.81%
CTY.L
- 1D
- 2.60%
- 1M
- -4.33%
- YTD
- 5.59%
- 6M
- 10.47%
- 1Y
- 26.93%
- 3Y*
- 15.42%
- 5Y*
- —
- 10Y*
- —
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Return for Risk
MRCH.L vs. CTY.L — Risk / Return Rank
MRCH.L
CTY.L
MRCH.L vs. CTY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Merchants Trust plc (MRCH.L) and The City of London Investment Trust plc (CTY.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.
| MRCH.L | CTY.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.85 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.79 | 2.48 | -0.70 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.38 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.65 | 2.76 | -1.11 |
Martin ratioReturn relative to average drawdown | 5.94 | 10.68 | -4.74 |
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
| MRCH.L | CTY.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.85 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.08 | — | — |
Correlation
The correlation between MRCH.L and CTY.L is 0.64, 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
MRCH.L vs. CTY.L - Dividend Comparison
MRCH.L's dividend yield for the trailing twelve months is around 4.90%, more than CTY.L's 3.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRCH.L Merchants Trust plc | 4.90% | 4.90% | 5.21% | 5.04% | 4.88% | 4.87% | 6.09% | 4.77% | 5.53% | 4.92% | 5.30% | 5.55% |
CTY.L The City of London Investment Trust plc | 3.91% | 4.06% | 4.83% | 4.92% | 8,878.51% | 4.86% | 5.13% | 4.24% | 4.66% | 3.86% | 3.95% | 3.99% |
Drawdowns
MRCH.L vs. CTY.L - Drawdown Comparison
The maximum MRCH.L drawdown since its inception was -996.19%, which is greater than CTY.L's maximum drawdown of -101.88%. Use the drawdown chart below to compare losses from any high point for MRCH.L and CTY.L.
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Drawdown Indicators
| MRCH.L | CTY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -996.19% | -101.88% | -894.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.46% | -9.76% | -2.70% |
Max Drawdown (5Y)Largest decline over 5 years | -18.91% | -101.88% | +82.97% |
Max Drawdown (10Y)Largest decline over 10 years | -45.98% | -101.88% | +55.90% |
Current DrawdownCurrent decline from peak | -9.12% | -101.78% | +92.66% |
Average DrawdownAverage peak-to-trough decline | -68.86% | -15.72% | -53.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.46% | 2.52% | +0.94% |
Volatility
MRCH.L vs. CTY.L - Volatility Comparison
The current volatility for Merchants Trust plc (MRCH.L) is 5.55%, while The City of London Investment Trust plc (CTY.L) has a volatility of 6.81%. This indicates that MRCH.L experiences smaller price fluctuations and is considered to be less risky than CTY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRCH.L | CTY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 6.81% | -1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.38% | 10.24% | +0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.30% | 14.47% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.23% | 47.22% | -29.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.41% | 35.59% | -15.18% |
Financials
MRCH.L vs. CTY.L - Financials Comparison
This section allows you to compare key financial metrics between Merchants Trust plc and The City of London 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.
Total Revenue: Total amount of money received from sales and other business activities
MRCH.L vs. CTY.L - Profitability Comparison
MRCH.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Merchants Trust plc reported a gross profit of 50.95M and revenue of 50.95M. Therefore, the gross margin over that period was 100.0%.
CTY.L - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, The City of London Investment Trust plc reported a gross profit of 283.92M and revenue of 287.76M. Therefore, the gross margin over that period was 98.7%.
MRCH.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Merchants Trust plc reported an operating income of 48.62M and revenue of 50.95M, resulting in an operating margin of 95.4%.
CTY.L - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, The City of London Investment Trust plc reported an operating income of 283.29M and revenue of 287.76M, resulting in an operating margin of 98.5%.
MRCH.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Merchants Trust plc reported a net income of 45.36M and revenue of 50.95M, resulting in a net margin of 89.0%.
CTY.L - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, The City of London Investment Trust plc reported a net income of 280.63M and revenue of 287.76M, resulting in a net margin of 97.5%.