MRCY vs. TSAT
MRCY (Mercury Systems, Inc.) and TSAT (Telesat Corporation) are both stocks. MRCY operates in Aerospace & Defense (Industrials), while TSAT operates in Communication Equipment (Technology). Over the past 3 years, MRCY returned 39.59%/yr vs 84.79%/yr for TSAT. At a 0.26 correlation, their price movements are largely independent.
Performance
MRCY vs. TSAT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MRCY achieves a 52.84% return, which is significantly lower than TSAT's 60.79% 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%
TSAT
- 1D
- -6.68%
- 1M
- -3.76%
- YTD
- 60.79%
- 6M
- 74.65%
- 1Y
- 191.98%
- 3Y*
- 84.79%
- 5Y*
- —
- 10Y*
- —
MRCY vs. TSAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MRCY Mercury Systems, Inc. | 52.84% | 73.83% | 14.85% | -18.26% | -18.74% | 11.64% |
TSAT Telesat Corporation | 60.79% | 77.01% | 57.62% | 39.07% | -73.84% | -27.42% |
Correlation
The correlation between MRCY and TSAT is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 22, 2021 | 0.26 |
The correlation between MRCY and TSAT shifts across timeframes, from 0.24 (3 years) to 0.36 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
MRCY:
$6.63B
TSAT:
$700.88M
MRCY:
-$0.24
TSAT:
-$12.12
MRCY:
6.83
TSAT:
1.84
MRCY:
4.48
TSAT:
1.35
MRCY:
$966.95M
TSAT:
$388.42M
MRCY:
$277.35M
TSAT:
$248.83M
MRCY:
-$12.94M
TSAT:
$171.33M
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
MRCY vs. TSAT — Risk / Return Rank
MRCY
TSAT
MRCY vs. TSAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercury Systems, Inc. (MRCY) and Telesat Corporation (TSAT). 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 | TSAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.26 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.35 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.73 | 5.87 | -2.14 |
| Martin ratioReturn relative to average drawdown | 9.32 | 12.34 | -3.02 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| MRCY | TSAT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.15 | 2.41 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.21 | 0.05 | +0.16 |
Drawdowns
MRCY vs. TSAT - Drawdown Comparison
The maximum MRCY drawdown since its inception was -95.95%, which is greater than TSAT's maximum drawdown of -84.38%. Use the drawdown chart below to compare losses from any high point for MRCY and TSAT.
Loading charts...
Drawdown Indicators
| MRCY | TSAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.95% | -84.38% | -11.57% |
Max Drawdown (1Y)Largest decline over 1 year | -32.19% | -32.92% | +0.73% |
Max Drawdown (3Y)Largest decline over 3 years | -39.07% | -67.51% | +28.44% |
Max Drawdown (5Y)Largest decline over 5 years | -62.43% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -71.73% | — | — |
Current DrawdownCurrent decline from peak | -1.13% | -20.03% | +18.90% |
Average DrawdownAverage peak-to-trough decline | -53.80% | -58.28% | +4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.87% | 15.63% | -2.76% |
Volatility
MRCY vs. TSAT - Volatility Comparison
The current volatility for Mercury Systems, Inc. (MRCY) is 16.48%, while Telesat Corporation (TSAT) has a volatility of 19.64%. This indicates that MRCY experiences smaller price fluctuations and is considered to be less risky than TSAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MRCY | TSAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.48% | 19.64% | -3.16% |
Volatility (6M)Calculated over the trailing 6-month period | 42.71% | 60.49% | -17.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.79% | 80.03% | -24.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.72% | 77.09% | -31.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.86% | 77.09% | -33.23% |
Dividends
MRCY vs. TSAT - Dividend Comparison
Neither MRCY nor TSAT has paid dividends to shareholders.
Financials
MRCY vs. TSAT - Financials Comparison
This section allows you to compare key financial metrics between Mercury Systems, Inc. and Telesat Corporation. 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
MRCY vs. TSAT - Profitability Comparison
MRCY - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported a gross profit of 69.05M and revenue of 235.76M. Therefore, the gross margin over that period was 29.3%.
TSAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported a gross profit of 23.26M and revenue of 87.28M. Therefore, the gross margin over that period was 26.7%.
MRCY - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported an operating income of 5.23M and revenue of 235.76M, resulting in an operating margin of 2.2%.
TSAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported an operating income of 3.09M and revenue of 87.28M, resulting in an operating margin of 3.5%.
MRCY - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mercury Systems, Inc. reported a net income of -2.86M and revenue of 235.76M, resulting in a net margin of -1.2%.
TSAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Telesat Corporation reported a net income of -45.61M and revenue of 87.28M, resulting in a net margin of -52.3%.
Frequently Asked Questions
MRCY and TSAT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSAT has higher volatility (19.64%) compared to MRCY (16.48%). In terms of maximum drawdown, MRCY dropped -95.95% vs TSAT's -84.38%.
TSAT currently has the higher Sharpe Ratio (2.41 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.
Find the right allocation for MRCY and TSAT
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