MRK vs. NFLX
MRK (Merck & Co., Inc.) and NFLX (Netflix, Inc.) are both stocks. MRK operates in Drug Manufacturers - General (Healthcare), while NFLX operates in Entertainment (Communication Services). Over the past 10 years, MRK returned 11.59%/yr vs 23.92%/yr for NFLX. At a 0.15 correlation, their price movements are largely independent.
Performance
MRK vs. NFLX - Performance Comparison
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Returns By Period
In the year-to-date period, MRK achieves a 13.94% return, which is significantly higher than NFLX's -14.31% return. Over the past 10 years, MRK has underperformed NFLX with an annualized return of 11.59%, while NFLX has yielded a comparatively higher 23.92% annualized return.
MRK
- 1D
- -1.42%
- 1M
- 4.94%
- YTD
- 13.94%
- 6M
- 20.60%
- 1Y
- 50.79%
- 3Y*
- 5.87%
- 5Y*
- 12.81%
- 10Y*
- 11.59%
NFLX
- 1D
- -1.14%
- 1M
- -8.25%
- YTD
- -14.31%
- 6M
- -15.60%
- 1Y
- -33.88%
- 3Y*
- 22.62%
- 5Y*
- 10.45%
- 10Y*
- 23.92%
MRK vs. NFLX - 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% |
NFLX Netflix, Inc. | -14.31% | 5.19% | 83.07% | 65.11% | -51.05% | 11.41% | 67.11% | 20.89% | 39.44% | 55.06% |
Correlation
The correlation between MRK and NFLX is -0.05, 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 | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.01 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since May 23, 2002 | 0.15 |
The correlation between MRK and NFLX shifts across timeframes, from -0.06 (3 years) to 0.15 (all time), reflecting how their relationship changes across market environments.
Fundamentals
MRK:
$294.29B
NFLX:
$345.34B
MRK:
$3.58
NFLX:
$3.09
MRK:
33.21
NFLX:
25.99
MRK:
0.03
NFLX:
1.03
MRK:
4.52
NFLX:
7.41
MRK:
6.41
NFLX:
11.09
MRK:
$65.59B
NFLX:
$46.89B
MRK:
$49.79B
NFLX:
$22.99B
MRK:
$22.69B
NFLX:
$26.91B
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Return for Risk
MRK vs. NFLX — Risk / Return Rank
MRK
NFLX
MRK vs. NFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Merck & Co., Inc. (MRK) and Netflix, Inc. (NFLX). 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 | NFLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.91 | ||
| Sortino ratioReturn per unit of downside risk | +4.25 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.81 | +0.52 |
| Calmar ratioReturn relative to maximum drawdown | 4.49 | -0.78 | +5.27 |
| Martin ratioReturn relative to average drawdown | 11.22 | -1.35 | +12.56 |
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Drawdowns
MRK vs. NFLX - Drawdown Comparison
The maximum MRK drawdown since its inception was -68.61%, smaller than the maximum NFLX drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for MRK and NFLX.
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Drawdown Indicators
| MRK | NFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.61% | -81.99% | +13.38% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -43.35% | +31.98% |
Max Drawdown (3Y)Largest decline over 3 years | -43.44% | -43.35% | -0.09% |
Max Drawdown (5Y)Largest decline over 5 years | -43.44% | -75.95% | +32.51% |
Max Drawdown (10Y)Largest decline over 10 years | -43.44% | -75.95% | +32.51% |
Current DrawdownCurrent decline from peak | -5.03% | -40.01% | +34.98% |
Average DrawdownAverage peak-to-trough decline | -18.83% | -24.91% | +6.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.54% | 25.19% | -20.65% |
Volatility
MRK vs. NFLX - Volatility Comparison
Merck & Co., Inc. (MRK) has a higher volatility of 9.57% compared to Netflix, Inc. (NFLX) at 5.85%. This indicates that MRK's price experiences larger fluctuations and is considered to be riskier than NFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRK | NFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.57% | 5.85% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 18.04% | 24.58% | -6.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.18% | 33.05% | -5.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.66% | 43.09% | -19.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.96% | 41.49% | -18.53% |
Dividends
MRK vs. NFLX - Dividend Comparison
MRK's dividend yield for the trailing twelve months is around 2.79%, while NFLX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRK Merck & Co., Inc. | 2.79% | 3.12% | 3.14% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.43% |
NFLX Netflix, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MRK vs. NFLX - Financials Comparison
This section allows you to compare key financial metrics between Merck & Co., Inc. and Netflix, 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
MRK vs. NFLX - Profitability Comparison
MRK - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a gross profit of 13.34B and revenue of 16.29B. Therefore, the gross margin over that period was 81.9%.
NFLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a gross profit of 6.36B and revenue of 12.25B. Therefore, the gross margin over that period was 51.9%.
MRK - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported an operating income of -1.88B and revenue of 16.29B, resulting in an operating margin of -11.6%.
NFLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported an operating income of 3.96B and revenue of 12.25B, resulting in an operating margin of 32.3%.
MRK - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Merck & Co., Inc. reported a net income of -4.24B and revenue of 16.29B, resulting in a net margin of -26.0%.
NFLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Netflix, Inc. reported a net income of 5.28B and revenue of 12.25B, resulting in a net margin of 43.1%.
Frequently Asked Questions
MRK and NFLX have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRK has higher volatility (9.57%) compared to NFLX (5.85%). In terms of maximum drawdown, MRK dropped -68.61% vs NFLX's -81.99%.
MRK currently has the higher Sharpe Ratio (1.88 vs -1.03), 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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