MRK vs. VTIP
Compare and contrast key facts about Merck & Co., Inc. (MRK) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRK or VTIP.
Key characteristics
| MRK | VTIP | |
|---|---|---|
| YTD Return | 19.28% | 0.71% |
| 1Y Return | 14.11% | 3.63% |
| 3Y Return (Ann) | 25.94% | 2.04% |
| 5Y Return (Ann) | 14.72% | 3.22% |
| 10Y Return (Ann) | 12.22% | 1.97% |
| Sharpe Ratio | 0.86 | 1.30 |
| Daily Std Dev | 17.39% | 2.55% |
| Max Drawdown | -68.63% | -6.27% |
| Current Drawdown | -2.07% | -0.27% |
Correlation
The correlation between MRK and VTIP is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MRK vs. VTIP - Performance Comparison
In the year-to-date period, MRK achieves a 19.28% return, which is significantly higher than VTIP's 0.71% return. Over the past 10 years, MRK has outperformed VTIP with an annualized return of 12.22%, while VTIP has yielded a comparatively lower 1.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MRK vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Merck & Co., Inc. (MRK) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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.
Dividends
MRK vs. VTIP - Dividend Comparison
MRK's dividend yield for the trailing twelve months is around 2.32%, less than VTIP's 3.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRK Merck & Co., Inc. | 2.32% | 2.72% | 2.52% | 3.41% | 3.03% | 2.48% | 2.60% | 3.36% | 3.14% | 3.42% | 3.11% | 3.45% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 3.33% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
MRK vs. VTIP - Drawdown Comparison
The maximum MRK drawdown since its inception was -68.63%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for MRK and VTIP. For additional features, visit the drawdowns tool.
Volatility
MRK vs. VTIP - Volatility Comparison
Merck & Co., Inc. (MRK) has a higher volatility of 4.18% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.54%. This indicates that MRK's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.