MSB vs. PEP
MSB (Mesabi Trust) and PEP (PepsiCo, Inc.) are both stocks. MSB operates in Steel (Basic Materials), while PEP operates in Beverages - Non-Alcoholic (Consumer Defensive). Over the past 10 years, MSB returned 20.12%/yr vs 6.60%/yr for PEP. At a 0.07 correlation, their price movements are largely independent.
Performance
MSB vs. PEP - Performance Comparison
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Returns By Period
In the year-to-date period, MSB achieves a -35.82% return, which is significantly lower than PEP's 1.07% return. Over the past 10 years, MSB has outperformed PEP with an annualized return of 20.12%, while PEP has yielded a comparatively lower 6.60% annualized return.
MSB
- 1D
- 0.21%
- 1M
- -4.52%
- YTD
- -35.82%
- 6M
- -31.37%
- 1Y
- 8.44%
- 3Y*
- 17.82%
- 5Y*
- 2.19%
- 10Y*
- 20.12%
PEP
- 1D
- 0.15%
- 1M
- -4.52%
- YTD
- 1.07%
- 6M
- 0.91%
- 1Y
- 12.86%
- 3Y*
- -5.31%
- 5Y*
- 2.63%
- 10Y*
- 6.60%
MSB vs. PEP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSB Mesabi Trust | -35.82% | 71.88% | 47.05% | 15.55% | -22.81% | 3.66% | 30.10% | 12.34% | 4.11% | 155.25% |
PEP PepsiCo, Inc. | 1.07% | -1.85% | -7.60% | -3.29% | 6.78% | 20.56% | 11.67% | 27.38% | -4.81% | 17.82% |
Correlation
The correlation between MSB and PEP is 0.01, 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 | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.03 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.05 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 1987 | 0.07 |
Fundamentals
MSB:
$1.15
PEP:
$6.38
MSB:
21.12
PEP:
22.31
MSB:
0.18
PEP:
7.72
MSB:
15.91
PEP:
2.04
MSB:
$15.04M
PEP:
$95.45B
MSB:
$13.36M
PEP:
$51.60B
MSB:
$10.24M
PEP:
$15.08B
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Return for Risk
MSB vs. PEP — Risk / Return Rank
MSB
PEP
MSB vs. PEP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mesabi Trust (MSB) and PepsiCo, Inc. (PEP). 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.
| MSB | PEP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.41 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.12 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.79 | -0.59 |
| Martin ratioReturn relative to average drawdown | 0.46 | 1.90 | -1.44 |
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Drawdowns
MSB vs. PEP - Drawdown Comparison
The maximum MSB drawdown since its inception was -92.01%, which is greater than PEP's maximum drawdown of -73.92%. Use the drawdown chart below to compare losses from any high point for MSB and PEP.
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Drawdown Indicators
| MSB | PEP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.01% | -73.92% | -18.09% |
Max Drawdown (1Y)Largest decline over 1 year | -40.96% | -16.25% | -24.71% |
Max Drawdown (3Y)Largest decline over 3 years | -40.96% | -29.17% | -11.79% |
Max Drawdown (5Y)Largest decline over 5 years | -45.89% | -30.32% | -15.57% |
Max Drawdown (10Y)Largest decline over 10 years | -66.48% | -30.32% | -36.16% |
Current DrawdownCurrent decline from peak | -39.92% | -18.89% | -21.03% |
Average DrawdownAverage peak-to-trough decline | -26.75% | -13.65% | -13.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 18.37% | 6.80% | +11.57% |
Volatility
MSB vs. PEP - Volatility Comparison
Mesabi Trust (MSB) has a higher volatility of 12.83% compared to PepsiCo, Inc. (PEP) at 6.28%. This indicates that MSB's price experiences larger fluctuations and is considered to be riskier than PEP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSB | PEP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.83% | 6.28% | +6.55% |
Volatility (6M)Calculated over the trailing 6-month period | 34.36% | 14.99% | +19.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 47.38% | 21.85% | +25.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.16% | 18.42% | +30.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.53% | 19.69% | +28.84% |
Dividends
MSB vs. PEP - Dividend Comparison
MSB's dividend yield for the trailing twelve months is around 3.95%, less than PEP's 4.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSB Mesabi Trust | 3.95% | 18.09% | 4.80% | 1.71% | 20.14% | 10.83% | 5.95% | 14.27% | 11.78% | 5.92% | 5.14% | 15.04% |
PEP PepsiCo, Inc. | 4.04% | 3.92% | 3.51% | 2.91% | 2.50% | 2.45% | 2.71% | 2.77% | 3.25% | 2.64% | 2.83% | 2.76% |
Financials
MSB vs. PEP - Financials Comparison
This section allows you to compare key financial metrics between Mesabi Trust and PepsiCo, 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
MSB vs. PEP - Profitability Comparison
MSB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mesabi Trust reported a gross profit of 0.00 and revenue of 2.25M. Therefore, the gross margin over that period was 0.0%.
PEP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a gross profit of 10.73B and revenue of 19.44B. Therefore, the gross margin over that period was 55.2%.
MSB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mesabi Trust reported an operating income of 0.00 and revenue of 2.25M, resulting in an operating margin of 0.0%.
PEP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported an operating income of 3.21B and revenue of 19.44B, resulting in an operating margin of 16.5%.
MSB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mesabi Trust reported a net income of 1.09M and revenue of 2.25M, resulting in a net margin of 48.4%.
PEP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PepsiCo, Inc. reported a net income of 2.34B and revenue of 19.44B, resulting in a net margin of 12.0%.
Frequently Asked Questions
MSB and PEP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSB has higher volatility (12.83%) compared to PEP (6.28%). In terms of maximum drawdown, MSB dropped -92.01% vs PEP's -73.92%.
PEP currently has the higher Sharpe Ratio (0.59 vs 0.18), 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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