MRCY vs. ^NDX
MRCY (Mercury Systems, Inc.) is a stock, while ^NDX (NASDAQ 100 Index) is an index. Over the past 10 years, MRCY returned 17.98%/yr vs 21.09%/yr for ^NDX. At a 0.43 correlation, their price movements are largely independent.
Performance
MRCY vs. ^NDX - Performance Comparison
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Returns By Period
In the year-to-date period, MRCY achieves a 52.84% return, which is significantly higher than ^NDX's 21.07% return. Over the past 10 years, MRCY has underperformed ^NDX with an annualized return of 17.98%, while ^NDX has yielded a comparatively higher 21.09% annualized return.
MRCY
- 1D
- -1.13%
- 1M
- 42.10%
- YTD
- 52.84%
- 6M
- 58.89%
- 1Y
- 119.49%
- 3Y*
- 39.59%
- 5Y*
- 10.98%
- 10Y*
- 17.98%
^NDX
- 1D
- -0.29%
- 1M
- 10.56%
- YTD
- 21.07%
- 6M
- 19.39%
- 1Y
- 41.12%
- 3Y*
- 28.09%
- 5Y*
- 17.29%
- 10Y*
- 21.09%
MRCY vs. ^NDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRCY Mercury Systems, Inc. | 52.84% | 73.83% | 14.85% | -18.26% | -18.74% | -37.47% | 27.42% | 46.14% | -7.91% | 69.92% |
^NDX NASDAQ 100 Index | 21.07% | 20.17% | 24.88% | 53.81% | -32.97% | 26.63% | 47.58% | 37.96% | -1.04% | 31.52% |
Correlation
The correlation between MRCY and ^NDX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.35 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 1998 | 0.43 |
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Return for Risk
MRCY vs. ^NDX — Risk / Return Rank
MRCY
^NDX
MRCY vs. ^NDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercury Systems, Inc. (MRCY) and NASDAQ 100 Index (^NDX). 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.
| MRCY | ^NDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.42 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.44 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 3.41 | +0.33 |
| Martin ratioReturn relative to average drawdown | 9.32 | 13.03 | -3.70 |
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
| MRCY | ^NDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.57 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.77 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.94 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.57 | -0.37 |
Drawdowns
MRCY vs. ^NDX - Drawdown Comparison
The maximum MRCY drawdown since its inception was -95.95%, which is greater than ^NDX's maximum drawdown of -82.90%. Use the drawdown chart below to compare losses from any high point for MRCY and ^NDX.
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Drawdown Indicators
| MRCY | ^NDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.95% | -82.90% | -13.05% |
Max Drawdown (1Y)Largest decline over 1 year | -32.19% | -12.12% | -20.07% |
Max Drawdown (3Y)Largest decline over 3 years | -39.07% | -22.93% | -16.14% |
Max Drawdown (5Y)Largest decline over 5 years | -62.43% | -35.56% | -26.87% |
Max Drawdown (10Y)Largest decline over 10 years | -71.73% | -35.56% | -36.17% |
Current DrawdownCurrent decline from peak | -1.13% | -0.29% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -53.80% | -24.62% | -29.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.87% | 3.17% | +9.70% |
Volatility
MRCY vs. ^NDX - Volatility Comparison
Mercury Systems, Inc. (MRCY) has a higher volatility of 16.48% compared to NASDAQ 100 Index (^NDX) at 4.52%. This indicates that MRCY's price experiences larger fluctuations and is considered to be riskier than ^NDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRCY | ^NDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.48% | 4.52% | +11.96% |
Volatility (6M)Calculated over the trailing 6-month period | 42.71% | 12.18% | +30.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.79% | 16.08% | +39.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.72% | 22.60% | +23.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.86% | 22.53% | +21.33% |
Frequently Asked Questions
MRCY and ^NDX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRCY has higher volatility (16.48%) compared to ^NDX (4.52%). In terms of maximum drawdown, MRCY dropped -95.95% vs ^NDX's -82.90%.
^NDX currently has the higher Sharpe Ratio (2.57 vs 2.15), 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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