MRCY vs. ZYME
MRCY (Mercury Systems, Inc.) and ZYME (Zymeworks Inc.) are both stocks. MRCY operates in Aerospace & Defense (Industrials), while ZYME operates in Biotechnology (Healthcare). Over the past 5 years, MRCY returned 10.77%/yr vs -8.24%/yr for ZYME. At a 0.17 correlation, their price movements are largely independent.
Performance
MRCY vs. ZYME - Performance Comparison
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Returns By Period
In the year-to-date period, MRCY achieves a 51.86% return, which is significantly higher than ZYME's -9.30% return.
MRCY
- 1D
- -0.80%
- 1M
- 12.50%
- YTD
- 51.86%
- 6M
- 47.69%
- 1Y
- 113.91%
- 3Y*
- 47.05%
- 5Y*
- 10.77%
- 10Y*
- 16.46%
ZYME
- 1D
- 2.67%
- 1M
- -6.76%
- YTD
- -9.30%
- 6M
- -10.86%
- 1Y
- 91.50%
- 3Y*
- 43.33%
- 5Y*
- -8.24%
- 10Y*
- —
MRCY vs. ZYME - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRCY Mercury Systems, Inc. | 51.86% | 73.83% | 14.85% | -18.26% | -18.74% | -37.47% | 27.42% | 46.14% | -7.91% | 37.56% |
ZYME Zymeworks Inc. | -9.30% | 79.85% | 40.90% | 32.19% | -52.04% | -65.32% | 3.96% | 209.67% | 93.33% | -43.75% |
Correlation
The correlation between MRCY and ZYME is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2017 | 0.17 |
Fundamentals
MRCY:
$6.58B
ZYME:
$1.78B
MRCY:
-$0.24
ZYME:
-$583.41
MRCY:
6.79
ZYME:
22.95
MRCY:
4.46
ZYME:
0.01
MRCY:
$966.95M
ZYME:
$78.86M
MRCY:
$277.35M
ZYME:
$77.16M
MRCY:
-$12.94M
ZYME:
-$47.18B
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Return for Risk
MRCY vs. ZYME — Risk / Return Rank
MRCY
ZYME
MRCY vs. ZYME - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercury Systems, Inc. (MRCY) and Zymeworks Inc. (ZYME). 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.
| MRCY | ZYME | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.07 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.33 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.56 | 4.33 | -0.77 |
| Martin ratioReturn relative to average drawdown | 8.87 | 9.21 | -0.33 |
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Drawdowns
MRCY vs. ZYME - Drawdown Comparison
The maximum MRCY drawdown since its inception was -95.95%, roughly equal to the maximum ZYME drawdown of -91.81%. Use the drawdown chart below to compare losses from any high point for MRCY and ZYME.
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Drawdown Indicators
| MRCY | ZYME | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.95% | -91.81% | -4.14% |
Max Drawdown (1Y)Largest decline over 1 year | -32.19% | -21.25% | -10.94% |
Max Drawdown (3Y)Largest decline over 3 years | -35.04% | -45.75% | +10.71% |
Max Drawdown (5Y)Largest decline over 5 years | -62.43% | -87.53% | +25.10% |
Max Drawdown (10Y)Largest decline over 10 years | -71.73% | — | — |
Current DrawdownCurrent decline from peak | -7.84% | -57.97% | +50.13% |
Average DrawdownAverage peak-to-trough decline | -53.70% | -52.54% | -1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.89% | 9.97% | +2.92% |
Volatility
MRCY vs. ZYME - Volatility Comparison
Mercury Systems, Inc. (MRCY) has a higher volatility of 19.44% compared to Zymeworks Inc. (ZYME) at 10.12%. This indicates that MRCY's price experiences larger fluctuations and is considered to be riskier than ZYME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRCY | ZYME | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.44% | 10.12% | +9.32% |
Volatility (6M)Calculated over the trailing 6-month period | 44.48% | 29.45% | +15.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.02% | 52.91% | +4.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 46.24% | 61.85% | -15.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.10% | 61.45% | -17.35% |
Dividends
MRCY vs. ZYME - Dividend Comparison
Neither MRCY nor ZYME has paid dividends to shareholders.
Financials
MRCY vs. ZYME - Financials Comparison
This section allows you to compare key financial metrics between Mercury Systems, Inc. and Zymeworks 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
Frequently Asked Questions
MRCY and ZYME have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRCY has higher volatility (19.44%) compared to ZYME (10.12%). In terms of maximum drawdown, MRCY dropped -95.95% vs ZYME's -91.81%.
MRCY currently has the higher Sharpe Ratio (2.01 vs 1.74), 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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