MRK vs. ETH-USD
MRK (Merck & Co., Inc.) is a stock, while ETH-USD (Ethereum) is a cryptocurrency. Over the past 10 years, MRK returned 11.59%/yr vs 57.05%/yr for ETH-USD. At a 0.03 correlation, their price movements are largely independent.
Performance
MRK vs. ETH-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MRK achieves a 13.94% return, which is significantly higher than ETH-USD's -43.34% return. Over the past 10 years, MRK has underperformed ETH-USD with an annualized return of 11.59%, while ETH-USD has yielded a comparatively higher 57.05% annualized return.
MRK
- 1D
- -1.42%
- 1M
- 4.97%
- YTD
- 13.94%
- 6M
- 20.60%
- 1Y
- 50.99%
- 3Y*
- 5.87%
- 5Y*
- 12.81%
- 10Y*
- 11.59%
ETH-USD
- 1D
- 0.93%
- 1M
- -26.37%
- YTD
- -43.34%
- 6M
- -46.03%
- 1Y
- -34.85%
- 3Y*
- 0.61%
- 5Y*
- -8.23%
- 10Y*
- 57.05%
MRK vs. ETH-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRK Merck & Co., Inc. | 13.94% | 9.79% | -6.26% | 1.01% | 49.42% | 1.75% | -7.20% | 22.27% | 39.95% | -1.49% |
ETH-USD Ethereum | -43.34% | -10.91% | 46.00% | 90.84% | -67.48% | 398.30% | 473.88% | -1.52% | -82.39% | 8,984.19% |
Correlation
The correlation between MRK and ETH-USD is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.04 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Aug 7, 2015 | 0.03 |
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
MRK vs. ETH-USD — Risk / Return Rank
MRK
ETH-USD
MRK vs. ETH-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Merck & Co., Inc. (MRK) and Ethereum (ETH-USD). 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.
| MRK | ETH-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.40 | ||
| Sortino ratioReturn per unit of downside risk | +3.22 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.96 | +0.38 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | -0.52 | +5.01 |
| Martin ratioReturn relative to average drawdown | 11.22 | -0.89 | +12.10 |
Loading charts...
Drawdowns
MRK vs. ETH-USD - Drawdown Comparison
The maximum MRK drawdown since its inception was -68.61%, smaller than the maximum ETH-USD drawdown of -94.01%. Use the drawdown chart below to compare losses from any high point for MRK and ETH-USD.
Loading charts...
Drawdown Indicators
| MRK | ETH-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.61% | -94.01% | +25.40% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -67.53% | +56.16% |
Max Drawdown (3Y)Largest decline over 3 years | -43.44% | -67.53% | +24.09% |
Max Drawdown (5Y)Largest decline over 5 years | -43.44% | -79.35% | +35.91% |
Max Drawdown (10Y)Largest decline over 10 years | -43.44% | -94.01% | +50.57% |
Current DrawdownCurrent decline from peak | -5.03% | -65.20% | +60.17% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -50.89% | +32.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 45.49% | -40.95% |
Volatility
MRK vs. ETH-USD - Volatility Comparison
The current volatility for Merck & Co., Inc. (MRK) is 9.57%, while Ethereum (ETH-USD) has a volatility of 17.20%. This indicates that MRK experiences smaller price fluctuations and is considered to be less risky than ETH-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MRK | ETH-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.57% | 17.20% | -7.63% |
Volatility (6M)Calculated over the trailing 6-month period | 18.04% | 46.29% | -28.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.18% | 56.08% | -28.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.66% | 59.55% | -35.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.96% | 77.88% | -54.92% |
Frequently Asked Questions
MRK and ETH-USD have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ETH-USD has higher volatility (17.20%) compared to MRK (9.57%). In terms of maximum drawdown, MRK dropped -68.61% vs ETH-USD's -94.01%.
MRK currently has the higher Sharpe Ratio (1.88 vs -0.52), 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 MRK and ETH-USD
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