MRSH vs. APH
MRSH (Marsh & McLennan Companies, Inc) and APH (Amphenol Corporation) are both stocks. MRSH operates in Insurance Brokers (Financial Services), while APH operates in Electronic Components (Technology). Over the past 10 years, MRSH returned 11.56%/yr vs 28.29%/yr for APH. At a 0.32 correlation, their price movements are largely independent.
Performance
MRSH vs. APH - Performance Comparison
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Returns By Period
In the year-to-date period, MRSH achieves a -9.50% return, which is significantly lower than APH's 17.58% return. Over the past 10 years, MRSH has underperformed APH with an annualized return of 11.56%, while APH has yielded a comparatively higher 28.29% annualized return.
MRSH
- 1D
- -1.48%
- 1M
- 3.19%
- YTD
- -9.50%
- 6M
- -10.36%
- 1Y
- -22.08%
- 3Y*
- -1.27%
- 5Y*
- 5.12%
- 10Y*
- 11.56%
APH
- 1D
- 3.11%
- 1M
- 26.87%
- YTD
- 17.58%
- 6M
- 22.56%
- 1Y
- 72.68%
- 3Y*
- 58.07%
- 5Y*
- 37.31%
- 10Y*
- 28.29%
MRSH vs. APH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MRSH Marsh & McLennan Companies, Inc | -9.50% | -11.26% | 13.75% | 16.15% | -3.45% | 50.83% | 6.86% | 42.33% | -0.14% | 22.73% |
APH Amphenol Corporation | 17.58% | 96.08% | 41.30% | 31.85% | -11.96% | 35.25% | 22.09% | 34.91% | -6.82% | 31.81% |
Correlation
The correlation between MRSH and APH is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 1991 | 0.32 |
The correlation between MRSH and APH shifts across timeframes, from -0.14 (1 year) to 0.40 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MRSH:
$80.77B
APH:
$204.53B
MRSH:
$7.99
APH:
$4.58
MRSH:
20.80
APH:
34.59
MRSH:
2.43
APH:
1.15
MRSH:
2.97
APH:
7.85
MRSH:
5.46
APH:
14.63
MRSH:
$27.52B
APH:
$25.90B
MRSH:
$11.66B
APH:
$9.67B
MRSH:
$6.68B
APH:
$7.45B
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Return for Risk
MRSH vs. APH — Risk / Return Rank
MRSH
APH
MRSH vs. APH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsh & McLennan Companies, Inc (MRSH) and Amphenol Corporation (APH). 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.
| MRSH | APH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.70 | ||
| Sortino ratioReturn per unit of downside risk | -3.41 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.30 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | -0.82 | 2.59 | -3.41 |
| Martin ratioReturn relative to average drawdown | -1.42 | 6.68 | -8.10 |
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Drawdowns
MRSH vs. APH - Drawdown Comparison
The maximum MRSH drawdown since its inception was -67.46%, which is greater than APH's maximum drawdown of -63.41%. Use the drawdown chart below to compare losses from any high point for MRSH and APH.
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Drawdown Indicators
| MRSH | APH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.46% | -63.41% | -4.05% |
Max Drawdown (1Y)Largest decline over 1 year | -27.01% | -28.19% | +1.18% |
Max Drawdown (3Y)Largest decline over 3 years | -34.36% | -28.19% | -6.17% |
Max Drawdown (5Y)Largest decline over 5 years | -34.36% | -28.73% | -5.63% |
Max Drawdown (10Y)Largest decline over 10 years | -35.80% | -37.56% | +1.76% |
Current DrawdownCurrent decline from peak | -30.66% | -4.42% | -26.24% |
Average DrawdownAverage peak-to-trough decline | -17.41% | -13.56% | -3.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.56% | 10.92% | +4.64% |
Volatility
MRSH vs. APH - Volatility Comparison
The current volatility for Marsh & McLennan Companies, Inc (MRSH) is 7.13%, while Amphenol Corporation (APH) has a volatility of 15.42%. This indicates that MRSH experiences smaller price fluctuations and is considered to be less risky than APH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MRSH | APH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.13% | 15.42% | -8.29% |
Volatility (6M)Calculated over the trailing 6-month period | 19.09% | 37.51% | -18.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.52% | 41.76% | -18.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.21% | 30.79% | -10.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.95% | 27.96% | -7.01% |
Dividends
MRSH vs. APH - Dividend Comparison
MRSH's dividend yield for the trailing twelve months is around 2.17%, more than APH's 0.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APH Amphenol Corporation | 0.52% | 0.55% | 0.79% | 1.07% | 1.06% | 0.89% | 0.80% | 0.89% | 1.09% | 0.80% | 0.86% | 1.01% |
MRSH Marsh & McLennan Companies, Inc | 2.17% | 1.85% | 1.44% | 1.37% | 1.36% | 1.15% | 1.57% | 1.56% | 1.98% | 1.76% | 1.92% | 2.13% |
Financials
MRSH vs. APH - Financials Comparison
This section allows you to compare key financial metrics between Marsh & McLennan Companies, Inc and Amphenol 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
MRSH vs. APH - Profitability Comparison
MRSH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a gross profit of 3.47B and revenue of 7.60B. Therefore, the gross margin over that period was 45.6%.
APH - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a gross profit of 2.80B and revenue of 7.62B. Therefore, the gross margin over that period was 36.8%.
MRSH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported an operating income of 1.75B and revenue of 7.60B, resulting in an operating margin of 23.1%.
APH - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported an operating income of 1.83B and revenue of 7.62B, resulting in an operating margin of 24.0%.
MRSH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Marsh & McLennan Companies, Inc reported a net income of 1.15B and revenue of 7.60B, resulting in a net margin of 15.1%.
APH - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Amphenol Corporation reported a net income of 2.35B and revenue of 7.62B, resulting in a net margin of 30.8%.
Frequently Asked Questions
MRSH and APH have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
APH has higher volatility (15.42%) compared to MRSH (7.13%). In terms of maximum drawdown, MRSH dropped -67.46% vs APH's -63.41%.
APH currently has the higher Sharpe Ratio (1.75 vs -0.94), 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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