NIO vs. MRSH
NIO (NIO Inc.) and MRSH (Marsh & McLennan Companies, Inc) are both stocks. NIO operates in Auto Manufacturers (Consumer Cyclical), while MRSH operates in Insurance Brokers (Financial Services). Over the past 5 years, NIO returned -35.22%/yr vs 5.55%/yr for MRSH. At a 0.12 correlation, their price movements are largely independent.
Performance
NIO vs. MRSH - Performance Comparison
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Returns By Period
In the year-to-date period, NIO achieves a 2.16% return, which is significantly higher than MRSH's -8.15% return.
NIO
- 1D
- -0.38%
- 1M
- -14.59%
- YTD
- 2.16%
- 6M
- 3.58%
- 1Y
- 48.43%
- 3Y*
- -16.32%
- 5Y*
- -35.22%
- 10Y*
- —
MRSH
- 1D
- 0.32%
- 1M
- 4.74%
- YTD
- -8.15%
- 6M
- -8.49%
- 1Y
- -20.92%
- 3Y*
- -0.08%
- 5Y*
- 5.55%
- 10Y*
- 11.75%
NIO vs. MRSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NIO NIO Inc. | 2.16% | 16.97% | -51.93% | -6.97% | -69.22% | -35.00% | 1,112.44% | -36.89% | 6.17% |
MRSH Marsh & McLennan Companies, Inc | -8.15% | -11.26% | 13.75% | 16.15% | -3.45% | 50.83% | 6.86% | 42.33% | -7.20% |
Correlation
The correlation between NIO and MRSH is -0.06, 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 | -0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.01 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Sep 12, 2018 | 0.12 |
The correlation between NIO and MRSH shifts across timeframes, from -0.06 (1 year) to 0.12 (all time), reflecting how their relationship changes across market environments.
Fundamentals
NIO:
$12.93B
MRSH:
$81.98B
NIO:
-CN¥3.74
MRSH:
$7.99
NIO:
0.85
MRSH:
3.01
NIO:
20.18
MRSH:
5.54
NIO:
CN¥100.51B
MRSH:
$27.52B
NIO:
CN¥15.77B
MRSH:
$11.66B
NIO:
-CN¥7.54B
MRSH:
$6.68B
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Return for Risk
NIO vs. MRSH — Risk / Return Rank
NIO
MRSH
NIO vs. MRSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NIO Inc. (NIO) and Marsh & McLennan Companies, Inc (MRSH). 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.
| NIO | MRSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.63 | ||
| Sortino ratioReturn per unit of downside risk | +2.64 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 0.85 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.01 | -0.80 | +1.81 |
| Martin ratioReturn relative to average drawdown | 1.78 | -1.40 | +3.18 |
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Drawdowns
NIO vs. MRSH - Drawdown Comparison
The maximum NIO drawdown since its inception was -95.00%, which is greater than MRSH's maximum drawdown of -67.46%. Use the drawdown chart below to compare losses from any high point for NIO and MRSH.
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Drawdown Indicators
| NIO | MRSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.00% | -67.46% | -27.54% |
Max Drawdown (1Y)Largest decline over 1 year | -43.73% | -27.01% | -16.72% |
Max Drawdown (3Y)Largest decline over 3 years | -79.69% | -34.36% | -45.33% |
Max Drawdown (5Y)Largest decline over 5 years | -94.10% | -34.36% | -59.74% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.80% | — |
Current DrawdownCurrent decline from peak | -91.71% | -29.62% | -62.09% |
Average DrawdownAverage peak-to-trough decline | -67.90% | -17.41% | -50.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.74% | 15.50% | +9.24% |
Volatility
NIO vs. MRSH - Volatility Comparison
NIO Inc. (NIO) has a higher volatility of 17.58% compared to Marsh & McLennan Companies, Inc (MRSH) at 6.91%. This indicates that NIO's price experiences larger fluctuations and is considered to be riskier than MRSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NIO | MRSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.58% | 6.91% | +10.67% |
Volatility (6M)Calculated over the trailing 6-month period | 41.08% | 19.10% | +21.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.74% | 23.47% | +39.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 71.62% | 20.20% | +51.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 86.66% | 20.94% | +65.72% |
Dividends
NIO vs. MRSH - Dividend Comparison
NIO has not paid dividends to shareholders, while MRSH's dividend yield for the trailing twelve months is around 2.13%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRSH Marsh & McLennan Companies, Inc | 2.13% | 1.85% | 1.44% | 1.37% | 1.36% | 1.15% | 1.57% | 1.56% | 1.98% | 1.76% | 1.92% | 2.13% |
NIO NIO 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
NIO vs. MRSH - Financials Comparison
This section allows you to compare key financial metrics between NIO Inc. and Marsh & McLennan Companies, 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
NIO vs. MRSH - Profitability Comparison
NIO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a gross profit of 4.86B and revenue of 25.53B. Therefore, the gross margin over that period was 19.0%.
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%.
NIO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported an operating income of -308.81M and revenue of 25.53B, resulting in an operating margin of -1.2%.
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%.
NIO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, NIO Inc. reported a net income of -496.01M and revenue of 25.53B, resulting in a net margin of -1.9%.
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%.
Frequently Asked Questions
NIO and MRSH have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NIO has higher volatility (17.58%) compared to MRSH (6.91%). In terms of maximum drawdown, NIO dropped -95.00% vs MRSH's -67.46%.
NIO currently has the higher Sharpe Ratio (0.70 vs -0.93), 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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